Calculus Capital delivers 6x return with ActiveOps listing
Calculus Capital portfolio company ActiveOps has completed a successful Initial Public Offering on the Alternative Investment Market, generating an impressive 6x return for Calculus EIS investors ActiveOps has placed 45 million shares with institutional investors, raising gross proceeds of GBP76 million for selling shareholders, including Calculus Capital. The placing price of 168 pence values the […]
Nordic Capital exits Itiviti investment to Broadridge in EUR2.143bn deal
Nordic Capital has agreed to sell Itiviti, a provider of trading technology and services to financial institutions, to Broadridge Financial Solutions, in a deal valued at EUR2.143 billion Credit Suisse and Morgan Stanley acted as financial advisors, Dechert as legal advisor, PwC as finance advisor and Oliver Wyman as commercial advisor to Nordic Capital. The […]
Haatch Ventures appoints Investment Associate
Haatch Ventures has appointed Jeremy Luzinda as Investment Associate. Haatch has successfully worked for two start- up companies, the first as COO, and the second as Managing Director. He then worked with early-stage investment company Playfair Capital. “Jeremy joins us at a fascinating time”, says Haatch Partner Simon Penson. “We are at an exciting growth […]
Hermance Capital Partners launches Hermance Capital Connect digital investment platform
Hermance Capital Partners, a specialist in unlisted investments, is going digital by opening an online platform facilitating access, analysis and execution of transactions in private markets. Hermance Capital Connect’s objective is to democratise access to private equity, private real estate and private debt funds, previously reserved for a certain elite, by offering far below average […]
Chinese developer Kaisa plans to partly fund $2 billion property buy via rights issue
Chinese property developer Kaisa Group announced plans on Friday to raise up to HK$2.73 billion ($351.40 million) through a discounted rights share issue to partially fund a $2 billion acquisition of a real-estate project. Shenzhen-based Kaisa had said a day earlier it will buy a mixed-use property development covering a total gross floor area of […]
Praetura Ventures leads PixelMax’s GBP2m investment round
Immersive communications platform PixelMax has secured GBP2million in a funding round led by Praetura Ventures, with participation from ACT Capital Partners. Manchester-based PixelMax uses 3D interactive technology to revolutionise the way content is delivered to mass audiences. It enables businesses to create and host their own virtual worlds, and is changing the way organisations inform, […]
Catapult Ventures and Maven Equity Finance invest in Healum
Healum, a digital health company, known for developing an AI-powered patient management system to improve health outcomes and quality of life for people with long-term conditions, has raised funding from NPIF – Maven Equity Finance, managed by Maven and part of the Northern Powerhouse Investment Fund and Catapult Ventures acting on behalf of the Greater […]
ServiceTitan Announces $500 Million Investment Led By Tiger Global Management and Sequoia Capital
ServiceTitan, the world’s leading provider of software for the trades, today announced a $500 million round at an $8.3 billion valuation. The round was led by Tiger Global Management and Sequoia Capital Global Equities with participation from H.I.G. Growth Partners. Existing investors participated, including Arena Holdings, Battery Ventures, Bessemer Venture Partners, Dragoneer Investment Group, Durable Capital Partners LP, ICONIQ […]
Siemens Healthineers on track to close Varian takeover in H1 – CFO
Siemens Healthineers is on track to complete the Varian takeover in the first half of the year as there were only a few approvals outstanding after authorities in the United States and the European Union already gave the green light, its finance chief told Reuters on Thursday. Siemens Healthineers sees first signs of rising demand […]
IKEA invests in mapping technology startup what3words
Ingka Group, the owner of most IKEA stores, has bought a 12 million pound ($16 million) stake in what3words, the London-based technology startup that has divided the world into three metre squares to help pinpoint locations. The model, in which every square is given a unique three-word name, aims to create a precise global address […]
