Duke Street Capital has completed the refinancing of portfolio company Accantia Health & Beauty Ltd in a package worth up to £120m. The recapitalisation of the company behind the Simple skincare brand comes just four months after DSC sold Lil-lets, the feminine hygiene division of the business to Electra Partners in an £80m deal. The new debt package was underwritten by Bank of Scotland.
Exit from Main Fund V comes three years after the GP acquired the Germany-based procurement technology company
Unquote’s selection of the latest add-ons, with ICG's Circet, Five Arrows' Mintec, Carlyle's Jagex, and more
Lucie Cawood's appointment follows poaching of Ian Shawyer by Cleary Gottlieb earlier this month
New entrants scared by remarks on limiting profits; existing investors expected to rush to complete bolt-ons