UK

IK Partners buys minority stake in software provider Remazing

IK Small Cap III Fund has made the investment from its dedicated pool of development capital.

Porsche IPO set to close; Pendragon has buyout interest; Lone Star and Bank of Cyprus deal off

Reports suggest that the deal is likely to value Porsche at up to €75bn, making it one of the biggest ever European IPOs.

Abrdn buys full fibre operator Wessex Internet

Wessex Internet has been awarded the first subsidy contract under the UK government’s new £5bn Project Gigabit broadband scheme.

Inspirit Capital buys Babcock’s Civil Training carve-out

The Civil Training business is a provider of apprenticeships and adult education in the UK.

Bruin- and Quadrant-backed TGI Sports picks up Sportseen

The deal follows TGI’s recent acquisitions of Interregional Sports Group and Brand Brigade.

ECP agrees £1.3bn for Biffa as US firms hunt European names; Stirling Square takes Digital Testing unit from Eurofins

Stirling Square snags Eurofins’ digital testing business

Stirling Square Capital Partners has reached an agreement to pay €220m on a cash and debt free basis.

UK tipped for take-private boom as sterling takes a pounding; Ratos makes move for Semcon

Sterling reached its lowest level against the dollar since 1985 last Friday, after UK chancellor Kwasi Kwarteng announced the biggest tax cuts in 50 years.

Tenzing- and Livingbridge-backed CitNOW Group in triple play

The deals make it four bolt-ons since Livingbridge’s investment and Tenzing’s reinvestment in CitNOW Group in July.

LDC hires in East Midlands as regional activity grows

Simon Peacock joins as investment director, Mikayil Salahov as investment manager.