Bowmark Capital has sold Regard, a UK residential care provider for people with learning difficulties. The exit yielded returns of 3.4x and an IRR of 77%. Mezzanine Management has invested £18m in the newco to take a minority stake in a deal which is believed to have weighed in at around £120m.
Merchant Banking Division of Goldman Sachs to buy a majority in the French budget hotel chain
GP is currently investing via its second fund, which held a final close on €235m in February 2017
Fresh capital will be used to accelerate Modulr's growth in the UK and expand in Europe
Wagestream has raised a total of £40m in the latest round, including a £25m credit facility