Allocations
Global law firm Mayer Brown has found that the total annual value of acquisitions of UK companies by US private equity funds jumped 53 per cent last year to GBP14.2 billion; up from GBP9.3 billion in 2018. It is the latest sign of favourable market economics in the UK, which has seen a widening valuation gap relative to European listed equities as the country has convulsed from the vacillations of Brexit.
As Covid-19 (coronavirus) keeps spreading and the death-toll is rising on a daily basis, the UK is waiting to see what will happen next as France confirmed Europe’s first fatality over the weekend.
Triple Point Investment Management has provided a GBP10 million loan facility for WeFlex, a provider of vehicles to the Ride-Hailing market in the UK. Having worked with the team at Weflex for the past five years, Triple Point is delighted to back their growth and development in the UK. The funds will be used by WeFlex to further increase its operations across the country, expand its fleet of electric vehicles, as well as other hybrids to further support the green initiatives in the UK ride-hailing market.
WeFlex is a leading platform providing flexible and affordable Public Carriage Office (PCO) Car
The Luxembourg-based special fund FP Lux Investments is expanding the portfolio of its Wind Infrastructure I sub-fund for institutional investors. Three additional wind energy projects with a total capacity of 19.2 MW have recently been acquired – the Melgven and Callac wind farms are French projects with a capacity of 10.8 MW, while the Gardelegen wind farm is located in the German state of Saxony-Anhalt and has a capacity of 8.4 MW. Altogether, the three parks can supply more than 15,300 households with electricity from renewable energy, saving more than 24,000 tons of CO2 per year.
The transaction was managed by the international investment and
Global investment bank GCA Corporation, the parent company of GCA Altium, is to acquire Stella EOC, a technology and media investment banking boutique with coverage in the UK and Europe.
European private equity firm Silverfleet Capital has acquired a majority stake in Collectia A/S, a credit management services provider based in Denmark. The terms of the transaction have not been disclosed.Founded in 1998 and headquartered in Brøndby, Collectia is a debt collection and debt purchase business operating primarily in Denmark with a niche presence in Sweden, Norway and Germany. The Company employs over 175 staff and serves approximately 13,000 corporate customers across over 600,000 active cases.
With its proprietary technology platform, credit database and data analytics capabilities, Collectia has diversified beyond its core debt collection business by increasing its
Macfarlanes has advised UK-based private equity firm August Equity Partners on the raising of its latest flagship fund, AEP V, which has closed at its hard cap of GBP300 million, exceeding its target of GBP275 million.The fund was oversubscribed, with over 40 per cent of the new capital coming from the US and Canada, comprising pension funds and endowments.
The Macfarlanes team for this matter was led by investment management partner Stephen Robinson with assistance from investment management senior solicitor Henry Stewart-Brown. Tax advice was provided by partner Mark Baldwin with assistance from senior solicitor Penny Van den Brande.
Praetura Ventures has closed its second EIS fund at GBP7million, bringing the total raised by the firm to GBP22 million in less than 12 months.
The Praetura EIS 2020 Fund will support the growth ambitions of scale-ups across the region, and is expected to be deployed by the end of March 2020.
Manchester-based Praetura Ventures backs early-stage businesses in high-value sectors, and its Praetura EIS 2020 Fund will be deployed alongside the guidance of the 25-strong team at Praetura, said the firm.
The team will work with the management teams backed by the fund to implement growth strategies and drive
Electric vehicle charge-point maker, Pod Point, which raised funds three times on Crowdcube, has been acquired by energy company, EDF. Pod Point successfully raised GBP3.71 million with Crowdcube in 2015, 2016 and 2017, with its vision of a world where travel doesn’t damage the earth 1,428 people were inspired to invest.
The sale to EDF tops AB InBev’s GBP85 million acquisition of Camden Town Brewery, which had raised on Crowdcube in 2015.
Erik Fairbairn, CEO and Founder, Pod Point, says: “Crowdcube has been vital in fuelling Pod Point’s growth. Without that initial investment in 2015, where we had the backing from
Middle market private equity firm Odyssey Investment Partners has held the first and final closing of Odyssey Investment Partners Fund VI, a USD3.25 billion private equity investment fund formed to pursue control-oriented investments and management buyouts of established middle-market companies. Fund VI was oversubscribed and closed at its hard cap with significant upsizing by existing investors and by adding several new institutional investors.
Odyssey will continue to be led by Senior Managing Principals Brian Kwait (CEO), William Hopkins (Vice Chairman) and Stephen Berger (Chairman), and Jeffrey McKibben and Craig Staub who have been promoted to Senior Managing Principal, further strengthening
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
