Beringea launches Manchester office, backs fintech business AccessPay
AccessPay allows corporates to automate payments and manage treasury. Over 500 corporate clients use its platform across the UK including Barclays, the AA, and ITV.
Reach Capital appoints two new senior advisers
Terri Troy was previously CEO of Halifax Regional Municipality Pension Plan. Patricia Jeanjean joins from Bpifrance where she was senior investment director.
GCP-backed Arrow reaches seventh bolt-on with two acquisitions
GCP invested in Arrow Business Communications, which provides telephony, data, IT and energy-related services for businesses, in August 2016.
Kirkland hires Freshfields private equity partner Adrian Maguire
Maguire follows former colleague David Higgins whose move to the US law firm was announced at the end of 2017.
Nordic Capital acquires majority stake in Board International
Board International offers a unified platform which provides business intelligence, performance management and predictive analytics.
Dunedin-backed Kingsbridge bolts on Dinghy
Dinghy is Kingsbridge’s second bolt-on in 12 months. Dunedin invested around £33m in the secondary buyout of Kingsbridge from Livingbridge.
The BGF exits investment in Petrotechnics to trade
The BGF invested £6m Aberdeen-based Petrotechnics in 2013. The business has been bought by US-headquartered Software provider Sphera Solutions.
CBPE acquires majority stake in Ideal Networks
Ideal Networks provides portable handsets for network testing and other uses. CBPE has acquired the business from US-headed Ideal Industries.
Circularity Capital closes debut fund on £60m hard cap
Circularity European Growth Fund I LP will target equity investments in growth stage European companies enabling the circular economy.
Piper invests £6m in recipe box brand Mindful Chef
UK business Mindful Chef delivers healthy meals to nearly two million customers in the UK. It has annualised sales of £10m and employs 27 people.
Inflexion makes minority investment in motor insurance business Granite
The investment was made from Partnership Capital Fund I which typically makes minority investments of between £15m and £75m in UK mid-market businesses.
BGF invests €10m in Brindley Healthcare
The BGF has acquired a “significant minority stake” in Ireland’s Brindley Healthcare, which has eight nursing homes with a combined capacity of over 400 beds.
Westbridge promotes Whittard to director and Minton to investment manager
Whittard joined Westbridge in 2017 from the Business Growth Fund and Minton arrived at the firm last year from WK Corporate Finance.
CVC enters into exclusive talks to buy stake in insurance group April
The investment in French-headquartered April will be made from CVC Capital Partners VII, which closed on its hard cap of €15.5bn in 2017.
Christmas round-up: the deals that closed 2018
Real Deals takes a look at those private equity deals which were completed across the festive season.
Horizon-backed Glass Container secures funding for €17m project
Investment in Glass Container has been made as part of the EIB's Filière du Vin project which aims to revitalise the Moldovan wine industry.