Quadrant’s TSA Management snaps up Worley consulting unit
TSA Management’s life in Quadrant Private Equity’s stable is off to a flying start, with the group set to snare an infrastructure consulting business from ASX-listed Worley Street Talk can reveal TSA has inked a deal to take control of Worley’s Capital Projects Advisory team, which sits in its consulting/strategy arm Advisian. The CPA team […]
Santander offers to buy outstanding stake in Mexican unit
Spain’s Banco Santander said on Friday it will offer to buy the 8.3% stake in its Mexican unit it doesn’t already own, strengthening its grip on its Latin American businesses. Santander is offering Banco Santander Mexico minority shareholders 24 Mexican pesos per share, representing a 24% premium on the March 25 closing price and a […]
Nordic Capital sells MFEX to Euroclear
Nordic Capital has signed an agreement to sell MFEX, a global independent fund distributor, to Euroclear. During Nordic Capital’s ownership, MFEX has successfully repositioned itself from a Nordic player to a pan-European leader with an emerging global presence. The two companies are complementary and will build on each other’s strengths. The combination of MFEX’s innovative […]
Buyout groups fuel investment sector M&A
Reverence and GTCR’s purchase of Wells Fargo AM is biggest to date for private equity groups Deal-hungry buyout groups are hunting for targets across the investment industry with Blackstone, KKR, General Atlantic, Stone Point and Thomas H Lee all acquiring asset management or wealth businesses in the past 12 months. The value of deals involving […]
LiDAR specialist Baraja raises USD31m
Baraja has raised USD31 million (USD) in a new funding round to accelerate development of its breakthrough Spectrum-Scan LiDAR technology Baraja’s LiDAR sensors are higher performance and more reliable than legacy LiDAR systems, and enable the safe rollout of autonomous vehicles sooner. The latest capital raising was led by Blackbird Ventures and includes new strategic […]
Arbolus raises USD6m for AI-driven platform that puts collaboration at the Future of Work
Knowledge platform Arbolus has raised USD6 million in investment in order to scale the platform to serve large enterprises, consultancies and investment firms The future of work is shifting towards an ever growing set of collaborations, with experts brought in to plug the gaps of knowledge when it comes to businesses researching new markets, developing […]
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 […]
Boom raises over GBP3m through Growthdeck
Fundraising for disruptive, low cost telecoms provider Boom has been oversubscribed by 45 per cent, reaching GBP3.2 million and surpassing its original goal of GBP2.2 million through Growthdeck, a private equity investment firm. The Boom platform allows businesses to operate with staff using mobile phones or PC software instead of desk phones and redirect incoming […]
Explore acquires minority stake in Sociétéinfo
Explore, a specialist in the development of B2B business solutions, has taken a minority stake in Sociétéinfo (SmartData) with the support of Activa Capital. This transaction demonstrates the ability of Activa Capital, Explore’s majority shareholder, to support entrepreneurial managers in the transformation of growing SMEs and the structuring of external growth operations. Laurent Nicouleau, Co-founder […]
