BC Partners invests in Davies in a $1.7 billion deal

BC Partners invests in Davies in a $1.7 billion deal

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...
BGF invests over £380 million in UK growth businesses in 2020

BGF invests over £380 million in UK growth businesses in 2020

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...
23andMe in Talks to Go Public Via Branson SPAC

23andMe in Talks to Go Public Via Branson SPAC

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...
Volpi Capital beats target with second fund close at €323m

Volpi Capital beats target with second fund close at €323m

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...