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Category: United Kingdom

CBPE Capital clears target for Fund X with £561m hard cap close

UK private equity firm CBPE Capital has struck the hard cap for its tenth flagship investment fund after closing the vehicle on £561m.

GlaxoSmithKline spinout SR One strikes $500m hard cap for debut independent fundraise

Transatlantic biotech investor SR One has raised its first fund in the wake of spinning out from pharmaceutical giant GlaxoSmithKline.

Sun European Partners picks up Adler & Allan from fellow private equity firm LDC

Sun European Partners has agreed to buy UK environmental risk reduction specialist Adler & Allan from fellow private equity investor LDC.

Equistone sells Eschenbach to trade

Equistone has sold optician chain Eschenbach to UK-based Inspecs Group.

BGF invests £8m in UK Flooring Direct

BGF has invested £8m in online home improvement retailer UK Flooring Direct.

Comment: Will Boris tax Britain to death?

Killing the economy is no way to pay for pandemic relief.

Livingbridge, LDC sell Giacom to trade buyer in wake of Covid-19 revenue rise

UK private equity houses Livingbridge and LDC have agreed to sell specialist cloud services marketplace Giacom to trade buyer Digital Wholesale Solutions.

BGF backs human cell disease model startup DefiniGEN

UK investment house BGF has backed a £3.25m funding round for DefiniGEN, a provider of human cell products and services.

Veteran VC fund of funds VenCap ready for “major transformation” in tech with new fund close

Veteran venture capital fund of funds investor VenCap has closed its latest fundraise to take advantage of a "major economic transformation" in tech.

Cerberus in talks to buy Co-op Bank

The British bank confirmed the negotiations but declined to name which firm had made the approach

Eurazeo exits Iberchem in €820m deal

Eurazeo Capital has sold its stake in Spanish fragrances and flavourings producer Iberchem to UK-based speciality chemical company Croda.

KKR Partners with Duke Rohlen to Create Medical Device Platform

MENLO PARK, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Duke Rohlen, a 20-year medical device veteran, today announced the formation of Zeus Health (“Zeus”), a $100 million platform focused on investing in and

Asda acquisition by TDR Capital, Issa Brothers on track to complete in 1H21

The British supermarket chain said like-for-like quarterly sales excluding fuel rose 2.7% in the third quarter on the back of a surge in demand for Christmas products

China’s fintech sector is failing to secure VC funding

China is usually ranked among the world’s top hubs for fintech investment, alongside the US and UK

Healthcare real estate deals in UK surge

The global real estate consultancy predicts that transaction levels in the final quarter of 2020 are heading toward the highest since 1995

The Limits of Corwin in the Sale of a Company to a PE Buyer

Posted by Gail Weinstein, Steven J. Steinman, and Brian T. Mangino, Fried, Frank, Harris, Shriver & Jacobson LLP, on Saturday, November 14, 2020 Editor's Note: Gail Weinstein is senior counsel, and Steven J. Steinman and Brian

UK’s Gilt and Taxonomy plans spark hopes of green bond surge

The UK’s announcement that it would begin issuing green Gilts next year is raising hopes that it will inspire more green bond issuance from UK borrowers. But market participants are eager to see how the

PE-backed Caffè Nero enters CVA amid Covid downturn

The coffee chain operates around 700 sites across the UK and 200 overseas

Caledonia-backed Liberation acquires Wadworth pub portfolio

Caledonia Private Capital portfolio company Liberation Group has acquired 21 pubs from Wadworth and Company.

No sweat: banks exit long-held PureGym bridge in perfect market window

Market euphoria following news of Pfizer’s potential Covid vaccine created a perfect window for lead banks Barclays and Jefferies to sell out of a bridge loan for UK fitness chain PureGym, which they had held

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