Acquisitions in London, United Kingdom

The Carlyle Group is acquiring intelliflo from Invesco for up to $200 million, with $135 million paid at closing and up to $65 million earnout. The deal includes intelliflo’s US subsidiaries — RedBlack and Intelliflo Portfolio — which Carlyle will help grow while separating RedBlack as a standalone US-focused business, enabling intelliflo to concentrate on the UK and Australian markets.

US growth equity firm Silversmith Capital Partners has made a $40 million growth investment in Novatus Global, a London-based RegTech provider, while Maven’s VCTs partially realised their earlier investment but retain a minority stake. The funding will support Novatus’s international expansion (notably into North America), accelerate product development of its En:ACT transaction-reporting platform and expand advisory and sales capabilities.

Sard Verbinnen & Co (SVC), a global strategic communications consultancy headquartered in New York, has acquired UK-based public affairs and crisis communications firm Oakhill Communications. The acquisition expands SVC's public affairs capabilities in London and across Europe and integrates Oakhill's team into SVC's existing London office and Public Affairs practice.