Firms and Funds

The Capital Fund, a VC firm focused on Greater London, has sold software company Solcara for £4.5m to ArgentVive, an AIM-listed e-commerce business established in September 2007.

Bank of Scotland Integrated Finance has backed an MBO of Verna Group, a Bolton-based healthcare business, for an undisclosed sum. The company, which provides infection control solutions to the hospital and care home sectors, is being sold by LGV Capital, a London mid-market investor and subsidiary of insurance group Legal & General. The Integrated Finance […]

Spire Healthcare, the renamed BUPA Hospitals group owned by Cinven, has acquired Classic Hospitals from LGV Capital for £145m.

UK mid-market firm August Equity has made a partial exit of its investment in Planit Holdings through the sale of the company’s retail division Planit Fusion to 20-20 Technologies for£19m. Planit Holdings is a developer of Computer Aided Manufacturing (CAM) software for the woodworking, cabinet-making, engineering and stone industries. It was listed on AIM prior […]

HgCapital has sold the Sanctuary Spa Group to PZ Cussons, the consumer products group and maker of Imperial Leather and Carex soap, for £75m.

Target: prAna Price: $36.5 million Sponsor: Steelpoint Capital Partners Seller: Liz Clairborne Inc. Financial Adviser: Seller: Centerview Partners LLC Legal Adviser: Sponsor: Cooley Godward Kronish LLP; Seller: Kramer, Levin, Naftalis & Frankel LLP Steelpoint Capital Partners dug deep into its pockets earlier this month to acquire prAna, the Vista, Calif.-based maker of yoga and outdoor […]

Target: Kurt Versen Price: $100 million Seller: Audax Group Sponsor: Hubbell Inc. Return Multiple: 3x After watching other lucrative exits take place in the same sector, Audax Group cashed out of niche lighting company Kurt Versen Co. recently after boosting revenue over its 32-month investment period. The Boston and New York-based shop earned 3x its […]

Nomura Private Equity, the buyout arm of the Asian bank, has acquired Medico-Legal Reporting, a UK business that provide injury claimants with the medical evidence necessary to support their claims, from 3i for an undisclosed amount. 3i acquired the Reading based company in 2001. Nomura plans to merge it with Premier Medical, in which it […]

UK mid-market firm August Equity has made a partial exit of its investment in Planit Holdings through the sale of the company’s retail division Planit Fusion to 20-20 Technologies for £19m. Planit Holdings is a developer of Computer Aided Manufacturing (CAM) software for the woodworking, cabinet-making, engineering and stone industries. It was listed on AIM […]