Europe

I Squared Capital’s nLighten picks up Proximity Data Centres

Proximity Data Centres is an edge platform in the UK with ten carrier-neutral edge data centres.

Sponsors turn to minority reinvestments as LPs hit secondaries limits

‘GPs have recently taken to exiting assets from their existing funds and reinvesting through the most recent vintage of their flagship fund,’ says Sunaina Sinha Haldea of Raymond James.

Bregal Investments gets Delaney Brown as head of capital solutions

Brown will join as a key member in the firm’s London office.

Norvestor-backed Rantalainen Group picks up Klara Consulting

Klara Consulting is an accounting, payroll, and HR services provider.

Carlyle to sell Saverglass to Orora Group

Saverglass is a glass bottle manufacturer.

ECI Partners buys Commify from Hg in €300m deal

Commify is a UK-based business messaging services provider.

CVC Capital to buy majority stake in DIF Capital Partners

DIF Capital is an independent infrastructure fund manager.

Battery Ventures-backed VertiGIS bags ibR

ibR provides geoinformation systems for cadastre and surveying, land management and municipalities.

Ontario Teachers’ snaps up 7IM

CVC in talks to take DIF Capital, say reports.

Oakley Capital’s Steven Tredget: Higher rates ‘may be healthier’ in long run for PE

‘Across Europe, a remarkable amount of small- and medium-sized businesses are digitally immature,’ says Tredget.