1. Home
  2. Blogs for June, 2020

Month: June 2020

Baring Vostok, RTP Global to exit 2GIS

Baring Vostok and RTP Global are fully exiting 2GIS, a Russian provider of mapping services, to state-run lender Sberbank and O2O Holding, a joint venture of Sberbank and internet company Mail.ru Group.

Water Street and JLL acquire Solvias

US-based sponsors Water Street Healthcare Partners and JLL Partners have wholly acquired Switzerland-based pharmaceutical research, development and manufacturing company Solvias.

Zurich-based private equity firm Evoco races towards €150m Fund III target through first close

Zürich-based private equity house Evoco is almost two-thirds of the way to its €150m target for Fund III through a first close.

OGCI, Cathay, Atomico in €17m round for OnTruck

OGCI Climate Investments, Cathay Innovation and Atomico have invested in a €17m series-B funding round for Madrid-based freight delivery platform OnTruck.

DPE’s Massenberg bolts on Aéro Solutions

Building maintenance company Massenberg, a portfolio company of DPE, has acquired a majority stake in cooling tower maintenance and repair specialist Aéro Solutions.

Searchlight buys majority stake in UK’s second-largest independent insurance intermediary, Global Risk Partners

The UK's second-largest independent insurance intermediary Global Risk Partners has picked up backing from Searchlight Capital Partners through a majority stake buy.

Swedish institutions to target coronavirus-hit businesses with new SEK3.5bn investment company

Swedish pension fund AMF, bank SEB and foundation-backed asset manager FAM have launched an SEK3.5bn investment company to back Swedish businesses struggling to make it through the coronavirus crisis.

VC Profile: Apex Partners

Austria-headquartered Apex Ventures is on the road for its second fund, focusing on digital health startups. Wolfgang Neubert and Kelly Klein talk to Harriet Matthews about the VC's current strategy and the future of healthtech

Facebook plans multimillion-dollar VC fund

The company has made several successful outright acquisitions of start-ups in the past, including Instagram and WhatsApp

Software development platform Postman hits $2bn valuation through Insight Partners-led round

API development platform Postman has soared to a $2bn valuation thanks to a Series C investment round led by private equity and venture capital firm Insight Partners.

Water Street, JLL team up again to buy Swiss biotech, medtech contract research, development business Solvias

Swiss contract research, development and manufacturing specialist Solvias has been bought by JLL Partners and Water Street Partners.

Apollo sues Serta Simmons and owner Advent over debt dispute

Loan litigation pits hedge funds against mutual funds

Digital workplace comms, workflow service Spike gets Insight Partners backing

Digital workplace communications and workflow tool provider Spike has picked up backing from Insight Partners amid the launch of a new suite of offerings.

Canada’s biggest rural broadband company Xplornet bought by Stonepeak, deal believed to be about $2bn

Canada's largest rural-focused broadband service provider Xplornet has been bought by Stonepeak Infrastructure Partners in a deal previously said to be worth about $2bn.

IFC shifts ESG focus onto banks with new dealer scorecards

The International Finance Corporation (IFC) has launched the first systematic process by an issuer to formally integrate environmental, social and governance (ESG) considerations into choosing its bookrunners. Senior funding officials and sustainability bankers have welcomed

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.