UK - ProVen portfolio company to merge with Channel 4 learning
Beringea-managed ProVen VCT's portfolio company Espresso Group has agreed with Channel 4 to merge Channel 4 Learning into its portfolio of businesses. The transaction is subject to Espresso shareholder approval and is expected to complete before Easter. Channel 4 Learning will join Espresso Education, Netmedia Education and Education Media Delivery as part of the Espresso Group. The acquired business will be merged with Espresso Education to provide video-rich curriculum services to primary and secondary schools in the UK and abroad.
More on UK / Ireland
Adams Street secures USD 3.2bn for newest secondaries programme amid LP stakes dealflow uptick
Private markets investor has seen LP stakes increase as a proportion of its deployment over the past year, partner Jeff Akers said
Pemberton hires head of Sustainable Investing
Alternative credit lender poaches Niamh Whooley from Goldman Sachs, where she led its fixed income ESG integration team
Exponent to return to fundraising trail with fifth buyout vehicle
Fund V comes five years after the GP registered its predecessor vehicle, whose size remains undisclosed
Golding aims to raise EUR 350m for next buyout co-investment fund amid ‘unprecedented’ dealflow
Vehicle expects to make its first deals this year, providing additional equity for deals against a tough fundraising backdrop
Latest News
Carlyle acquires Meopta
GP plans to support Czech-American optical products manufacturer’s international expansion
Bugaboo backer Bain strolls back to market for H2 2022 launch
Sale of pram maker was initially launched last year but did not proceed due to credit market and consumer sector concerns
Officine Maccaferri sees Cinven and Triton go head-to-head
Italy-based geotechnical and soil erosion control business could be valued at EUR 700m-EUR 800m
Adams Street secures USD 3.2bn for newest secondaries programme amid LP stakes dealflow uptick
Private markets investor has seen LP stakes increase as a proportion of its deployment over the past year, partner Jeff Akers said