Penta Capital

The £1.2bn flotation of the UK’s fifth largest motor insurer has resulted in a big win for the UK deal-by-deal specialist – and more than doubled the money of co-owner Electra Partners.

The £1.2bn flotation of the UK’s fifth largest motor insurer has resulted in a big win for the UK deal-by-deal specialist – and more than doubled the money of co-owner Electra Partners.

Penta Capital, a Glasgow-based private equity company, has bought a controlling stake in UK pub chain Geronimo Inns to expand the business in the South East of England.

Emerging manager Penta Capital has increased the size of its maiden fund by £75m via commitments from existing investors and new LPs AXA Private Equity, Bregal and Goldman Sachs.

The middle market private equity house is backing the MBI of Out of Town Restaurants, with plans for organic growth and add-on acquisitions.

The Scottish VC firm has raised its £20m target fund total for its Pentech Ventures VC fund as it targets a September final close.

Penta Capital backs Cellstructures expansion; US firms back pharmaceutical acquisition

Penta Capital backs £28.2m management buy-in of Spanish tapas bars and restaurants business La Tasca.

Despite a more favourable outlook for IPOs in both the US and Europe, US companies may soon report ‘disappointing earnings’ while uncertainty in Europe will keep deal volumes at low levels, according to Swiss advisory firm SCM.

Robert Tchenguiz has raised the stakes again in his increasingly fierce battle with Blackstone for tapas chain La Tasca, upping his original bid and buying a 20 percent stake in the business.

Robert Tchenguiz has raised the stakes again in his increasingly fierce battle with Blackstone for tapas chain La Tasca, upping his original bid and buying a 20 percent stake in the business.

As firms such as Pentech announce final closes of their early stage funds the sighs of relief are audible.

AMJPE backs £30m Transrent growth; Apax and 3i lead Sonim first round

The firm has taken a £5m investment from the Scottish Widows Investment Partnership.

Background checks and research by private equity companies are more thorough than in the smaller companies quoted market, says Aon investment consultant.