Allocations
During the first half of 2019 YFM Equity Partners (YFM) completed GBP230 million of deals and raised GBP100 million of new funds, a sharp increase on 2018.
YFM says that the results demonstrate that the UK’s smaller businesses are continuing to innovate and invest for growth, despite the ongoing backdrop of continued political uncertainty on both domestic and international levels. The company believes this market could have performed better, but given the on-going activities in Westminster, the performance levels are understandable.
David Hall, Managing Director at YFMm says: “Overall returns, both realised and unrealised have remained steady. There’s been a
There is evidence that the previously sacrosanct 8 per cent hurdle rate may be under challenge, according to the latest edition of MJ Hudson’s Private Equity Fund Terms Research, with 23 per cent of funds this year having (at least initially) dropped the hurdle altogether, an increase on the numbers seen in our 2018 (12 per cent) and 2017 (15 per cent) surveys.
The 8 per cent hurdle is far from dead, however as it remains the most common rate, with 60 per cent of all funds – and 86 per cent of buyout funds – surveyed this year needing
Machine Labs, has secured GBP800,000 in equity funding from Techstart Ventures, the founders, angels investors, plus additional grant funding from Scottish Enterprise.
The seed funding will be used to recruit a team of eight based in offices opposite Edinburgh Castle.
Andrew Veitch, Founder and CEO of Machine Labs, says: “For most of us database marketing is spam or junk mail. Machine Labs want to use machine learning to make marketing messages relevant, so consumers get the right offers at the right time instead of being irritated by marketing they are not interested in.”
Dr Thomas Gambino, Machine Lab’s Data Scientist,
Ingenious has led an investment round into Over-C Limited, a London-based analytics company focused on operational performance in the workforce management market. Ingenious helped raise an additional GBP5.5 million in equity funding, bringing the total raised to GBP10 million.
Over-C’s software uses artificial intelligence, data and analytics to provide industry professionals with key insights for time-critical decision making. Over-C drives behaviours that allow companies to rethink their business and operating models, better quantify risk, uncover new opportunities, reduce losses, and boost profits. The firm currently operates across the UK, Ireland and The Netherlands providing solutions for many industry sectors ranging
HDR is expanding its multidisciplinary building engineering services by acquiring Hurley Palmer Flatt Group, headquartered in London.
Going forward, the UK firm will do business as HDR | Hurley Palmer Flatt Group.
The acquired entity comprises all subsidiaries, which will also do business as HDR | Hurley Palmer Flatt; HDR | Andrew Reid; HDR | Bradbrook Consulting; and HDR | Concentre Consulting.
HPF Group is the United Kingdom’s leading independent engineering consultancy, providing solutions for the built environment. Services include mechanical, electrical and plumbing; civil and structural engineering; and commissioning management, with particular expertise in institutional, high-rise multi-use, financial and
European mid-market private equity investor Equistone Partners Europe (Equistone) is in exclusive negotiations with Naxicap Partners for the acquisition of Sateco, a specialist in the manufacturing and distribution of metal formwork equipment for concrete forming and safety platforms on construction sites.
Founded in 1953 and specialising in the sale of formworks, Sateco has successfully diversified a clientele historically composed of local SMEs to include mid-sized businesses nationally and large construction companies. With 235 employees and a turnover of EUR68 million in 2018, Sateco’s offering also includes the sale of second-hand equipment, equipment rental and maintenance and user training.
Arnaud
Carey Olsen’s investment funds team in Guernsey, together with fund administration specialist Private Equity Administrators Limited (PEA), have assisted Creandum on the establishment of Creandum V, a EUR265 million venture fund focusing on early-stage opportunities across Europe.
Following strong demand from existing and new investors, Creandum V was heavily oversubscribed and enjoyed re-commitments from all institutional investors in Creandum IV, while also attracting several new investors primarily from the US. The fund will follow the same strategy as previous Creandum funds and provide early stage investment for European technology companies.
The Carey Olsen team advising on all Guernsey aspects
AURELIUS Equity Opportunities has agreed to sell its subsidiary Solidus Solutions (Solidus) to funds advised by Centerbridge Partners for an enterprise value of approximately EUR330 million.
Solidus is the leading European producer of sustainable fibre-based packaging solutions for food, beverage & horticulture, consumer goods and industrial applications. The deal represents AURELIUS’ largest exit to date achieving a money multiple of approximately 16x over the four years of ownership. The transaction is subject to the approval of the competent antitrust authorities and consultation with the central works council of Solidus Solutions in the Netherlands which is expected to happen in Q3
Apex Group (Apex), has successfully closed the acquisition of the Corporate and Private Client Services (CPCS) and Throgmorton businesses of Link Group’s Asset Services division.
The acquisitions add over 600 employees and 6,000 clients to the Apex Group, across multiple markets, and bolsters Apex’s corporate services capabilities adding specialist hubs in the UK, Jersey, Ireland, Luxembourg, the Netherlands, Hungary and Switzerland.
Over the past eighteen months, Apex has continued to expand its capabilities to meet client demand successfully executing a programme of strategic acquisitions to deliver on its ambition to offer a unique end-to-end solution for global asset managers
IPO exits have fallen dramatically in recent years and the causes are deeper-rooted than stock market price cycles. Private Equity Wire’s Paul Bryant investigates…
Headline numbers signal that Private Equity is falling out of love with IPOs as an exit route. Globally, the value of PE-backed IPOs surged in the 2013-2015 period, but have been on the decline since. The value of IPO exits in 2018 (USD24 billion) was just one-fifth of the 2014 peak (USD118 billion).
Across Europe, the value fell from EUR26 billion in 2015 to EUR8 billion in 2018, with deal numbers down from 49 to 13.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
