Europe

Headlines

High-profile additions to the team: Dr Hanspeter Bader, Baldomero Falcones, Dr Thomas Friese and Matthias Knab join POLARIS Investment Advisory AG as Senior Advisors

POLARIS Investment Advisory AG (POLARIS), Zurich, has appointed Dr Hanspeter Bader, Baldomero Falcones, Dr Thomas Friese and Matthias Knab as Members of its Senior Advisory Board.“We are delighted to have gained such renowned and globally-networked experts for our company. With this step, we are substantiating our claim of having in-depth...

Private Equity Lawyers Wim De Vlieger and Till Lefranc to Join Sidley in London

Sidley Austin LLP announced today that Wim De Vlieger and Till Lefranc will be joining the firm as partners in its London office. They will be members of Sidley’s global Private Equity practice. Both were formerly with Simpson Thacher & Bartlett LLP. “In just over one year, our private equity group in Europe has grown exponentially,” said...

Richard Hodgson to join expanded YO! as CEO

Following its recent acquisition of Bento Sushi (“Bento”), YO! Sushi (“YO!”), is delighted to announce Richard Hodgson will join the newly formed combined group (“Group”) as Chief Executive Officer, commencing in December. Richard was formerly Chief Executive Officer of Pizza Express, where he was instrumental in driving the internationalisation...

Deutsche Asset Management appoints global head of private equity secondaries

Deutsche Asset Management today announced the appointment of Mark McDonald as Global Head of Private Equity Secondaries. Based in London, McDonald is a seasoned expert in the private equity community, with a proven record in leading successful private equity business strategies from origination to execution and exit. McDonald’s experience includes...

NFB Annual Conference 2017: SME success for UK construction

The National Federation of Builders (NFB) held its sixth annual conference on Wednesday in London. The conference entitled ‘Making a success of UK construction’ took place at the prestigious County Hall in Westminster, London. Hosted by broadcaster and journalist Cathy Newman for the fourth consecutive year, the successful event brought together...

Legal

Seedrs launches programme for financial intermediaries following record breaking Q3

The programme introduces wealthy individuals to early stage equity deals on Seedrs via their accountants, brokers and financial consultantsOver £3.6bn was invested into equity deals in the UK last year showing an increased appetite for startup investing45% of angels interviewed by the UKBAA about their early stage equity investments reported...

​Lamont Pridmore warn high earners about HMRC raids

Higher rate taxpayers have been warned by leading Cumbrian accountants Lamont Pridmore to be vigilant over their tax affairs.The warning comes after new data from HM Revenue & Customs (HMRC) shows that its Affluent Unit took an additional £438 million pounds of high earners.Off the back of this success the Unit, which investigates the tax affairs of...

A Legal Perspective on the Government’s Brexit White Paper

Following pressure from sections of Parliament and the public, Theresa May’s government has published a 77-page white paper document to set out a strategy for leaving the EU. But what does it add to what we already know? Stephen Chater, a solicitor at Postlethwate Solicitors, member firm of the UK200Group, explains.The UK200Group is the UK’s leading...

​32% law firms see private equity as a principal source of external funding

With growing competition from niche firms, law practices are actively seeking targeted acquisitions to scale-up in chosen disciplines.  32% see private equity as a principal source of external funding. Niche law firms seen as greatest source of competition. 59% of firms report a rise in competitive pressure. There is a sharp increase...

​Shoosmiths continues South East expansion with partner hires

National law firm Shoosmiths has further strengthened its corporate team with the appointment of two new partners into the South East offices.Amit Nayyar joins Shoosmiths from Hogan Lovells where he was a leading corporate partner. Previous to this, Amit has held positions at White & Case and Pinsent Masons. Based out of Shoosmiths’ Milton Keynes...

Deals

Western European M&A value up year-on-year PE and VC value boosted by Cerberus, Lone Star

The value of Western European mergers and acquisitions (M&A) slipped in November 2017 following an uptick in October, according to information collected by the leading M&A database Zephyr. Value fell to EUR 71,325 million from EUR 90,446 million in October but was 5 per cent higher year-on-year from EUR 67,834 million in November 2016. Zephyr ...

Oxx enters into strategic partnership with OurCrowd

Partnership will strengthen research and due diligence capabilities, and provide access to over 20,000 investors and experts around the world Oxx, the growth capital investment firm focussed on B2B software companies, is pleased to announce that it has entered into a strategic partnership with OurCrowd, the leading global equity crowdfunding platform....

Maven Capital Partners makes first Finance Durham fund incubator investment in Moralbox

Investment will enable tech start-up to further develop software functionality and enter new markets The Finance Durham fund has completed its first incubator investment of £40,000 in Moralbox, a technology start-up which helps employers and employees to work together to manage training records. The investment will help Moralbox to further develop...

IK Investment Partners to sell passive fire protection expert svt Group to Ergon Capital

IK Investment Partners (“IK”) is pleased to announce that the IK Small Cap I Fund (“the Fund”) has reached an agreement to sell svt Group (“svt” or “the Company”), a leading provider of passive fire protection products and services as well as restoration management services, to Ergon Capital Partners III (“Ergon”)....

Quilvest Private Equity acquires French higher education school network GEDH together with CEO Amin Khiari

Quilvest Private Equity, the private equity arm of the Quilvest group, today announces its acquisition of a majority stake in GEDH from Platina Equity Solutions, together with CEO Amin Khiari. Financial terms of the transaction have not been disclosed. GEDH is a French network of higher education schools dedicated to communication, arts management...

Acq Lite

Wayward raccoon stops Canadian subway train in its tracks

Dec. 11 (UPI) -- A subway train in Canada came to a sudden halt after a small raccoon wandered onto the tracks.Toronto Transit Commission Spokesman Brad Rossshared a photo of the raccoon after special constables made made a "humane capture" at 9:34 a.m. on Friday morning."In Raccoon City news, this cute fella is awaiting Animal Services in relative...

Daredevil breaks slackline world record at Eiffel Tower

Dec. 11 (UPI) -- A daredevil performer broke a slacklining world record by walking across a rope suspended from Trocadero Square in Paris to the Eiffel Tower.Nathan Paulin, 23, crossed the 2,198-foot-long rope, which was suspended 230 feet over the River Seine.Paulin's stunt, which raised money for charity, bested his own record of 2,171 feet for an...

Koala perches on home's back door, growls at dog

Dec. 11 (UPI) -- An Australian man captured video of a koala that wandered up to his back door and warded off the family's dog with a well-placed growl.Jay Peel captured video Friday when the koala wandered up to his Portland, Victoria, home.The marsupial attempted unsuccessfully to climb a wall and growled at the family dog when it wandered too close.The...

Family finds massive python lounging on their sofa

Dec. 11 (UPI) -- An Australian snake catcher was called to the home of a shocked family that discovered their sofa was being occupied by a lounging carpet python.Luke Huntley of Snake Catcher Noosa said he was called to a Cooroy, Queensland, home Saturday morning after a resident found himself unwittingly sharing the couch with an 8-foot serpent."He...

Elephant attacks bus, truck on Chinese road

Dec. 11 (UPI) -- An elephant that apparently had an itch to scratch was caught on camera attacking a bus and a truck on a Chinese road for over two hours.The video, recorded Saturday using a camera drone and a cellphone, shows the elephant using its head to smash the bus' windshield and then using the vehicle to apparently scratch an itch on the side...