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Category: United Kingdom

UK’s Financial Conduct Authority on hunt for new COO

New boss Rathi seeks a chief operating officer to help him navigate a changing City of London post-Brexit

Double win for Private Equity News editorial team

Dow Jones journalists win clutch of prizes at State Street’s UK Institutional Press Awards

Wirecard’s new UK backer raises $37m in venture round

German payments giant Wirecard went bust earlier this year after a major accounting scandal, in which the company said it had found a €1.9bn hole in its accounts

Capiton's Euro Vital Pharma buys Principle Healthcare

Euro Vital Pharma, a portfolio company of Capiton, has acquired UK-based consumer healthcare business Principle Healthcare Group.

Seedcamp hails ‘special’ fundraise as VC firms help new vehicle to massive oversubscription

Seedcamp has hailed its 'special' £78m Fund V raise after the vehicle was almost 50% oversubscribed despite volatility around the ongoing global pandemic.

PAI Partners shows appetite for the food sector with three deals in a week

The firm snapped up British food brands Addo Food Group and Winterbotham Darby and Spanish seafood company Angulas Aguinaga

Novalpina buys majority stake in Laboratoire XO

UK-based private equity firm Novalpina Capital has acquired a majority stake in Laboratoire XO, a French pharmaceutical company focused on the production and distribution of prescription drugs treating chronic diseases.

UK plans tough new powers to intervene in takeovers on national security grounds

Non-compliance could trigger fines of up to 5% of worldwide turnover or £10m, whichever is greater – and imprisonment for up to five years

UK’s audit watchdog urges companies to come clean on impact of climate change

Companies would have to report on the financial impacts of climate change on their businesses within the next five years

Schroders Trust seeks £250m in IPO to capitalise on UK pandemic recovery

The company said it anticipates an increased need by UK companies for fresh equity, and that a proactive public and private equity investment strategy can generate positive returns

British peer, veteran finance expert Lord Myners joins Zouk Capital board

Sustainability-focused private equity and infrastructure investor Zouk Capital has appointed UK House of Lords member Paul Myners to its board.

PAI Partners creates UK chilled food major by picking up Winterbotham Darby, Addo from private equity pair

PAI Partners has picked up Addo Food Group and Winterbotham Darby from fellow private equity houses LDC and Equistone respectively.

Graphite promotes new investment director, hires two

UK mid-cap GP Graphite Capital has promoted Lara Markham to investment director, and hired two extra professionals in its investment team.

Apiary Capital eyes IFA industry consolidation with Radiant Financial Group investment

Apiary Capital has backed the launch of independent financial advisory buy-and-build business Radiant Financial Group through a capital investment.

3i Group buys into premium cat food specialist MPM in £125m deal

UK-headquartered private equity investor 3i Group plc has agreed to invest about £125m alongside management for a majority stake in premium cat food business MPM.

Agilitas PE second second deal in a week by agreeing Exemplar sale to Ares Management

Europe's Agilitas Private Equity has sealed its second deal in a week by agreeing to sell specialist care home business Exemplar Health Care to alternatives giant Ares Management.

Bank of England hikes stimulus support

The BoE’s Monetary Policy Committee unanimously backed the stimulus hike

UK taxpayers pour £1bn into venture investments via BPC

BPC’s goal is to expand the amount of funding available to venture capital funds that invest in the UK

Endless buys Hovis from Gores, Premier Foods

Endless has acquired UK-based bakery business Hovis from US private equity firm The Gores Group and London-listed company Premier Foods.

Endless buys 136-year-old British breadmaker Hovis from Gores Group, Premier Foods

Venerable UK breadmaker Hovis is set to change private equity hands after Endless agreed to buy the 136-year-old business from Gores Group and Premier Foods.

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