Vida Ventures closes $825m Vida III Fund
Vida Ventures (Vida), a next-generation life sciences venture firm, has closed Vida Ventures III (Vida III) on USD825 million. Vida, founded in 2017, now has over USD1.7 billion of assets under management. Vida III will build upon the success of Vida’s first two funds and continue its investment approach of identifying and investing in transformative […]
Chinese robotaxi unicorn WeRide bags over $600M in 5 months
It’s hard to keep up with the fundraising spree in China’s autonomous driving industry these days. Guangzhou- and California-based robotaxi company WeRide, which counts Renault-Nissan-Mitsubishi Alliance as one of its strategic investors, has raised over $600 million in just under five months from its Series B and C financing rounds. The four-year-old upstart said in May that […]
Mobileum Inc. Acquires Convene Networks
Mobileum Inc. (“Mobileum”), a leading global provider of analytics solutions for roaming and network services, security, risk management, and testing and monitoring, is pleased to announce that it has acquired Convene Networks, a technology provider of integrated core network solutions for 3G/4G/5G networks. The acquisition expands Mobileum’s core network technology footprint, extending its portfolio of 5G Core […]
Godspeed Capital acquires Austin Brockenbrough & Associates
Godspeed Capital Management (Godspeed Capital) has acquired Austin Brockenbrough & Associates (Brockenbrough), an architecture, engineering, and surveying company which supports Federal, State, and Municipal Government clients. The newly acquired Company will join Godspeed Capital’s existing portfolio company, Prime Engineering, (Prime) under a newly formed multi-disciplinary Engineering & Consulting services growth platform called Prime ABA, LP […]
Leukocare secures $17.5m in funding round led by Petrichor
Leukocare AG, a biotechnology company specialised in the field of biopharmaceutical formulation development, has closed a USD17.5 million (EUR 14.6 million) financing, led by Petrichor Healthcare Capital Management, with participation from existing Leukocare shareholders. The financing consists of a USD15 million convertible loan and a USD2.5 million equity investment from Petrichor. Proceeds will be used […]
Everseen secures Investment from Crosspoint Capital Partners
Crosspoint Capital Partners (Crosspoint), a private equity firm focused on the cybersecurity, privacy and infrastructure software markets, has made an investment in Everseen, a specialist in AI-powered computer vision software. Everseen’s technology brings patented AI-powered computer vision to core business processes. The technology has achieved critical mass in the Retail sector across processes such as […]
McGuireWoods appoints new partner
McGuireWoods continues the strategic expansion of its highly ranked private equity industry team with the arrival of partner Jeffrey Shah, who brings more than a decade of experience in domestic and cross-border deals to the firm’s New York office. Shah advises private equity funds and strategic acquirers on mergers and acquisitions, joint ventures and partnerships. […]
Oakley’s PRIMAVERA acquisition establishes new Iberian business software group
Oakley Capital’s Oakley Capital Private Equity III (Fund III) has agreed to acquire PRIMAVERA Business Software Solutions (PRIMAVERA), a Portuguese specialist in business management software. The Company will be combined with existing Oakley Capital portfolio company Ekon, a Spanish provider of Enterprise Resource Planning (ERP) software, to create a new group under the name Grupo […]
One Equity Partners completes acquisition of BRUSH
One Equity Partners (OEP), a middle market private equity firm, has completed the acquisition of the BRUSH Group (BRUSH, an independent provider of equipment, services and solutions for electrical power generation and distribution. BRUSH has a long and rich history serving power generation, control and distribution products, namely turbogenerators, transformers, and switchgear. BRUSH’s products are […]
KKR invests $625m for controlling stake in Vini Cosmetics
Darshan Patel, Chairman & Joint-Managing Director, and Dipam Patel, Joint-Managing Director of Indian personal care and beauty products company Vini Cosmetics, and Sequoia Capital, are to sell a majority stake in the Company to KKR for approximately $625 million. The Co-Founders will continue to hold a significant stake in Vini and collaborate with KKR in […]
