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Category: Software and Hi-Tech

Triton takes Swedish IT consultant HiQ private in €387m deal

The shares tendered in the public offer amount to 50.87 million shares, or 91% of the shareholding and voting rights in the company

Abris exits locomotive leasing business Cargounit to Three Seas

Polish buyout firm Abris Capital Partners has signed an agreement to sell its stake in Polish locomotive lessor Cargounit, also known as Industrial Division, to Three Seas Investment Fund (3SIIF).

PE’s latest strategy on clean energy? Back the backers

Firms such as Apollo and Generate Capital are backing businesses that use alternative financing models for renewable energy projects

Amplify raises $375m across two funds

US-based venture capital firm Amplify Partners has closed its fourth flagship early-stage fund Amplify Partners IV on $275m, and Amplify Select Fund, its first growth-stage vehicle, on $100m.

Triton competes take-private bid for HiQ International

German private equity firm Triton Partners has acquired listed Swedish IT company HiQ International for $8.21 (SEK 72) per share.

Cherry Bay backs Tecnomatic with €17.5m investment

Cherry Bay Capital (CBC) has led a €17.5m investment in Tecnomatic, which specialises in manufacturing stators for electric motors.

Countrywide shareholder Catalist Partners to oppose £90m lifeline from Alchemy

UK-based estate agent chain Countrywide has been thrown a possible £90m lifeline from private equity firm Alchemy to get it out of its “critical” situation, but shareholder Catalist Partners aims to oppose the deal. Countrywide

VC-backed Limehome increases series-A by €10m

Germany-based accommodation booking platform Limehome has expanded its series-A round to €31m, raising an additional €10m from existing investors HV Holtzbrinck Ventures, Lakestar and Picus Capital.

Evolution Technology Fund II eyes $250m final close

Evolution Equity Partners is expected to achieve a $250m final close in the coming months for its Evolution Technology Fund II, according to British Patient Capital.

Apollo sells Amissima Assicurazioni to Talanx

Apollo Global Management has sold Amissima Assicurazioni, the non-life insurance business of Italian insurer Amissima Holdings, to listed German insurance group Talanx.

Goldman’s London arm fined £97m for 1MDB failures

Bank agrees co-ordinated deal with regulators to pay fines totalling $2.9bn

Lone Star makes bid to acquire McCarthy & Stone in £630m deal

US private equity firm Lone Star has reportedly made an offer to buy UK retirement house builder McCarthy & Stone in possible £630m deal. The deal would see the American company pay 115p per share

Finexx closes second fund; acquires Biovegan

Finexx has announced the final close of its second fund on €20m and has made its first investment from the fund, acquiring Germany-based vegan food producer Biovegan.

Gimv exits Eurocept homecare division

Gimv has sold a stake in the home care division of Eurocept, a home care and pharmaceuticals company.

British Patient Capital commits to adding $35m to Evolution Equity Partners’ new $250m cybersecurity fund

From: RegTech Analyst British Patient Capital has committed to adding $35m The Evolution Technology Fund II, which is aiming for a final $250m close to support cybersecurity and enterprise software startups. The fund is the

Bixin Ventures raises $100m fund to back blockchain companies

Bixin Ventures has launched a $100m capital fund to support the global blockchain ecosystem to nurture the future of open finance.

Vista Equity Partners makes investment into software developer SmartBear to become joint owners with Francisco Partners

Technology-focused private equity firm Vista Equity Partners has made a “significant” investment into software developer SmartBear.

Goldman’s London arm fined £97m for 1MDB work

Bank agrees co-ordinated deal with regulators to pay fines totalling $2.9bn

Arctic Wolf joins the unicorn club after closing $200m Series E

Security operations developer Arctic Wolf has joined the unicorn club after a $200m Series E puts its valuation at $1.3bn.

Pension backers focus fresh attention on Apollo founder’s ties to Jeffrey Epstein

Representatives for several public pensions say they are closely monitoring an investigation into Apollo co-founder Leon Black’s personal dealings with Epstein

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