LDC back UK mid-market companies to the tune of £180m in H1 2021
LDC, the private equity arm of Lloyds Banking Group, provided £180 million of investment to back eight new management teams and to support its portfolio companies in the first half of 2021. The firm said its eight new investments demonstrated an ‘increasing appetite and ambition for growth’ amongst the management teams of UK mid-market businesses. […]
FTV Capital makes $100m Series A investment in LoanPro
LoanPro, a SaaS-based loan management, servicing and collections platform for alternative, fintech and traditional lenders, has raised a $100 million growth equity investment from FTV Capital, a sector-focused growth equity investor in innovative enterprise technology and services, financial services, and payments and transaction processing companies. Through this capital raise, LoanPro will enhance its platform functionality, […]
Private equity firm Bridgepoint confirms plans to float on London Stock Exchange
Private equity firm Bridgepoint have confirmed plans to raise £300m through an impending float. The firm dangled the prospect of an IPO last month but have confirmed the move in an announcement to markets this morning. The buyout group, which has around £27.4bn of assets under management across equity and debt funds, says it seeks to sell […]
KKR Raises Billions for Real Estate Deals Across Europe
KKR & Co. has raised $2.2 billion for a new real estate fund that will seek investment opportunities throughout Europe as lockdown measures are eased across the continent. The private equity firm’s second dedicated property fund has already invested more than $700 million in residential housing and warehouses, two areas that have proved resilient to the […]
Toqio raises €8m seed funding from Seaya Ventures, Speedinvest and SIX FinTech Ventures
Toqio has raised a seed round of €8 million from Seaya Ventures, Speedinvest and SIX FinTech Ventures, to scale its global financial SaaS platform. The company makes it easier for any business to quickly launch financial solutions, removing the need to build and manage complex software solutions through its platform and marketplace. Martínez continues: “Businesses […]
KKR steps up pursuit of UK companies amid private equity buyout frenzy
KKR is expanding its operations to target more takeovers in the UK, as the record-breaking pursuit of British companies by private equity groups reignites a debate over the role of the buyout industry in the economy. KKR will set up a new team of five dealmakers to focus on buying British companies, the heads of […]
EXCEL Esports raises €20m
EXCEL Esports (EXCEL), a leading British esports franchise competing in League of Legends, Fortnite and VALORANT, has secured €20 million (£17 million) in new equity capital. This financing round was led by investment firm JRJ Group which first acquired a majority shareholding in 2018 alongside TOMS Capital LLC, the family office of Noam Gottesman. Amongst […]
Aztec Group supports FSN Capital on €1.8bn fund launch
Independent fund and corporate services provider, the Aztec Group, has supported northern European private equity investment firm FSN Capital on the launch of its latest mid-market fund, FSN Capital VI (Fund VI). Fund VI was oversubscribed, closing above its original hard cap with commitments of €1.8 billion. It will continue FSN Capital’s investment strategy of […]
Revolut in Talks With SoftBank for Investment at $30B+ Valuation
U.K.-based digital bank Revolut is in “detailed talks” with SoftBank about a fundraising round that could value the firm between $30 billion and $40 billion. Revolut and its advisers have asked investors at SoftBank’s Vision Fund 2 to submit proposals for an investment of between $750 million to $1 billion with a deal expected to […]
KKR acquires seven highways assets from Global Infrastructure Partners
KKR is to acquire Global Infrastructure Partners’ (GIP) entire interest in Highway Concessions One (HC1) and seven highway assets with a total length of 487 kilometres. HC1 is a platform in India that manages GIP’s road portfolio which spans across seven states including Gujarat, Karnataka, Madhya Pradesh, Meghalaya, Rajasthan, Tamil Nadu, and Telangana. Through the […]
