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UK unquote

The recently launched Entrepreneur Funds Club aims to promote private equity vehicles drawing significant commitments from business leaders and entrepreneurs
ECI sells MThree to trade after 18 months

Education services provider goes to US-based John Wiley & Sons for more than £100m

  • Exits
  • 07 January 2020
Manchester Gin is a gin distillery
CBPE exits Allied Glass

Buyer for the glass manufacturer is a vehicle managed by Sun Capital and the Allied Glass management

  • Exits
  • 06 January 2020
Financial advisers and investment managers
CBPE backs Perspective Financial Group buyout

CBPE is partnering with management, who are all reinvesting in the business

  • Buyouts
  • 06 January 2020
Pure Cottage Group is a holiday home company
LDC sells Pure Cottages to Vitruvian's Sykes Holiday Cottages

Vitruvian acquired a majority stake in Sykes from Livingbridge last year

  • Exits
  • 06 January 2020
Accountancy software
Insight Partners et al. in £55m round for Receipt Bank

Accountancy software platform also drew investment from Kennet Partners and Augmentum Fintech

  • Expansion
  • 03 January 2020
Sleeping pills
Cartesian backs Simba Sleep

The fresh capital will be used to facilitate the company's expansion in China and Canada

  • Expansion
  • 03 January 2020
3D Cad software for engineering components
EMK acquires majority stake in WAE

EMK will invest in the commercialisation of WAE's technology opportunities and long-term growth

  • Buyouts
  • 03 January 2020
Financial adviser
Phoenix acquires Redington

Firm is currently investing from Phoenix Equity Partners 2016, which closed on £415m

  • Buyouts
  • 20 December 2019
Dental clinics
Bridgepoint invests in Oris Dental

Based in Trondheim and founded in 2016, Oris operates 25 dental clinics and four dental laboratories

  • Buyouts
  • 20 December 2019
Car fleets
LDC invests in Global Autocare

NatWest will continue to support the fleet management business as its incumbent senior lender

  • Expansion
  • 20 December 2019
Pounds sterling
Elysian to launch new £250m fund in Q1 2020

Current fund also closed on £250m, in 2015, and is nearly three-quarters deployed

  • Funds
  • 20 December 2019
Hospital flooring and non-slip surfaces
Elysian acquires Mergon

Elysian draws equity from its second fund, which closed on £250m in 2015

  • Buyouts
  • 19 December 2019
Document administration and internal filing services
Maven exits Prime Document for 2.6x return

Acquisition of Prime will allow UnifiedPost Group to enter the UK market

  • Exits
  • 19 December 2019
Business banking services
LDC acquires Commsworld

Mark Kerr, head of LDC in Scotland, and investment director Colin Bennett will join the board

  • Buyouts
  • 19 December 2019
Book shops
Endless-backed The Book People goes into administration

Book retailer The Book People will continue to trade and no redundancies are planned

  • Exits
  • 18 December 2019
Cloud computing and hosting services
Mayfair-backed GCI to acquire Nasstar for £79.4m

Mayfair draws equity from its second fund, which closed on £650m, to support the acquisition

  • Expansion
  • 18 December 2019
Ceiling panels
3i scores 4.1x on Aspen Pumps sale to Inflexion

Sale of the pumps manufacturer represents a 4.1x return on invested capital and a 34% IRR for 3i

  • Buyouts
  • 18 December 2019
Online identification and cybersecurity
Octopus, Calculus lead £3.6m round for Fiscal

Octopus draws equity from its Apollo VCT for the investment, which manages £30m

  • Expansion
  • 17 December 2019
African football team Senegal
HIG Capital carves out Lagardère Sports

Planned disposal values sports media agency Lagardère Sports at approximately €110m

  • Buyouts
  • 17 December 2019
Personal trainers
NorthEdge-backed Total Fitness acquires Pro-Fit

NorthEdge invested £11.5m for a majority stake in the company in 2015, using its debut fund

  • Portfolio management
  • 17 December 2019
Fundraising in euros
Zetland Special Situations Fund I closes on €372m

Zetland has a team of 14 investment professionals and €500m in assets under management

  • Funds
  • 16 December 2019
Audiotonix makes audio hardware for live events
Astorg sells Audiotonix to Ardian

Audiotonix is the first realisation from Astorg VI, which closed on €2.1bn in 2016

  • Buyouts
  • 16 December 2019
Lipsticks and other cosmetics
BlackRock, Sofina in £66m round for THG

THG has taken out a new five-year £150m revolving credit facility provided by Barclays and HSBC

  • Expansion
  • 16 December 2019
New hires
ICG appoints new head of European secondaries

Blossier will work with head of PE funds Oliver Gardey to build out the platform in Europe

  • People
  • 16 December 2019
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