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Category: Software and Hi-Tech

Bridgepoint-backed Diaverum to launch IPO

Bridgepoint-backed Swedish renal care provider Diaverum has announced plans to launch an initial public offering (IPO) on Nasdaq Stockholm.

Sverica Capital Management backs cybersecurity startup DeFY Security

Cybersecurity company DeFY Security has picked up an investment from private equity firm Sverica Capital Management.

Here’s the Line-up for Day 1 of the DealBook Online Summit

We have questions for Dr. Anthony Fauci, Masa Son, Senator Elizabeth Warren and more.

Apollo Global-spinout Nexus hits $1.25bn Fund III close – more than double Fund II total

Apollo Global spinout Nexus Capital Management has hit a $1.25bn final close for its third fundraise - more than double the amount it raised for its sophomore vehicle.

Quadriga’s Scio bolts on MFI

Scio Automation, a portfolio company of Quadriga Capita, has acquired Germany-based warehouse logistics software business MFI.

Palamon-backed FairConnect buys DriveQuant

Switzerland-based connected insurance service provider FairConnect, a portfolio company of Palamon Capital Partners, has acquired France-headquartered automotive insurance and data business DriveQuant.

Aksia buys Nappi

Aksia has acquired a majority stake in Nappi 1911, an Italian producer of ingredients for ice cream and pastries.

CenterOak Partners looks to expand US car repair business CollisionRight with investment

Dallas-based buyout house CenterOak Partners has invested in CollisionRight, a regional multi-shop operator of auto body repair services in the central US.

KKR backs CMC Machinery

US-based private equity firm KKR has invested in Italian packaging machinery manufacturer CMC Machinery.

Dawn, Tiger Global lead $38.5m series-A in Harbr

Dawn Capital and Tiger Global Management have led a $38.5m series-A funding round for enterprise data exchange company Harbr.

PE firms criticized for not responding to triple crises of climate change, COVID-19, and racial injustice

Opalesque Industry Update - According to a new report about the private equity (PE) industry, the majority of PE firms are not doing enough to take systematic risks seriously in both their business operations and

Taylor Swift fails in attempt to regain catalogue rights as Shamrock Capital seals $300m deal

Pop music icon Taylor Swift has failed in her attempt to regain control of her own music back-catalogue after it was sold to to private equity house Shamrock Capital in a reported $300m deal.

Q4 Fundraising Pipeline: Nordic

Unquote compiles a roundup of the most notable fundraises ongoing across the Nordic market in the buyout and venture segments, with the latest available intel for each vehicle.

Eight Roads, Balderton lead $30m series-B round for Tibber

Norwegian energy supplier Tibber has closed a $30m series-B round led Eight Roads Ventures and Balderton Capital.

Secondaries PE major Landmark Partners could be put on block by owner at about $1bn valuation

Secondaries private equity major Landmark Partners could reportedly be put on the block by owner BrightSphere Investment Group with hopes of a $1bn valuation.

Montagu to acquire ISI from Citic

Montagu Private Equity has agreed to acquire business intelligence provider ISI Emerging Markets Group.

French drug giant Sanofi invests in biotech, biopharma VC house Jeito Capital

French pharmaceutical giant Sanofi has made a €50m investment in biotech and biopharma venture investment house Jeito Capital.

London’s stock market is shrinking faster than European rivals

The relative high cost of raising public equity capital compared with private equity markets has been a main driver of the shrinkage of London’s equity markets, economics consultancy Oxera’s findings showed

Private equity trio complete €5.3bn Masmovil take-private deal

A trio of private equity majors have completed a €5.3bn buyout of listed Spanish telecoms operator Masmovil.

ICG’s profit recovers, remains ‘cautious’ on outlook for rest of this year

The group’s total assets under management rose from €41.1bn in the six months to 30 September 2019 to €46.1bn this year

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