by Sebastian | Mar 18, 2021 | News, UKPEC
BC Partners agreed to take over insurance service company Davies, as it bets on fast-growing demand for outsourcing in the financial industry. The private equity firm signed a definitive agreement to buy a majority stake in London-based Davies, it said in a statement...
by Sebastian | Jan 28, 2021 | News, UKPEC
BGF backed 61 new companies in 2020 whilst continuing to actively support its portfolio. Total investment totals GBP384 million, which includes GBP262 million into new portfolio companies and GBP122 million into existing portfolio companies. Notwithstanding the global...
by Sebastian | Jan 28, 2021 | News, UKPEC
DNA-testing company 23andMe is reportedly in talks to go public through a $4bn deal with Richard Branson’s VG Acquisition Corp. A deal may be announced next month for 23andMe, less than three years since being evaluated at $2.5bn. Bloomberg reports that the two sides...
by Sebastian | Jan 13, 2021 | News, NPCD, UKPEC
Capital Constellation has purchased a minority stake in private equity manager Avista Capital Partners, a joint news release said Tuesday. Terms of the deal and the amount of the stake were not disclosed. Avista Capital Partners focuses on investments related to...
by Sebastian | Jan 13, 2021 | News, UKPEC
Volpi Capital, the London-based mid-market tech investor, has today announced the final close of its second fund at €323 million (excluding co-investments) surpassing its €300 million target. Despite the challenges of fundraising during the pandemic, the new fund is...
by Sebastian | Jan 13, 2021 | News, UKPEC
The private equity industry has a unique opportunity to accelerate the UK’s economic recovery in the coming decade and contribute to the government’s levelling up agenda, according to LDC, the UK’s leading mid-market investment firm. Speaking as LDC provided an annual...