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Category: Software and Hi-Tech

First Round Capital launches biggest fundraise yet, eyes up to $220m for Fund VIII

First Round Capital is back in the fundraising market eyeing up to $220m for its eighth flagship investment fund.

Deutsche Private Equity announces partner promotions

Deutsche Private Equity (DPE) has announced six partner promotions in its investment and operations teams, following the final close of its fourth fund in September 2020.

Argand-backed Cherry buys Theobroma Systems

Gaming hardware company Cherry, a portfolio company of Argand Partners, has acquired Austria-based embedded systems software and hardware producer Theobroma Systems.

HIG Capital boosts infrastructure team with ex-Morgan Stanley managing director hire

Global alternative investment giant HIG Capital has brought in ex-Morgan Stanley senior exec Ahmad Atwan as a managing director on its infrastructure team.

Macquarie continues infrastructure debt fund surge with €1.2bn sub-investment grade raise

Global infrastructure investment major Macquarie has hauled in about €1.2bn of new LP capital dedicated to investments in sub-investment grade infrastructure debt.

VR Equitypartner buys minority stake in Dittrich + Co

VR Equitypartner has acquired a significant minority stake in Germany-based industrial plastic components producer Dittrich + Co as part of an MBO.

RedFish invests in FII-backed Maticmind

RedFish LongTerm Capital has acquired a minority stake in Italian IT systems integrator Maticmind, which is backed by Fondo Italiano d'Investimento (FII).

Arbor Investment lauds long-time food, beverage specialism after LPs commit $1.5bn to hefty new fund

Food and beverage-focused private equity house Arbor Investments has sealed a huge jump in fund size by raising $1.5bn of LP capital for its fifth flagship investment vehicle.

Ambienta's Amutec acquires Mobert, creates In Pack Machinery

Amutec, a portfolio company of private equity firm Ambienta, has acquired Mobert, a manufacturer of machinery for the production of plastic and biodegradable bags.

It’s Johnson’s Brexit deadline day, but Goldman still expects a ‘thin’ deal with EU

The UK's chief negotiator David Frost is advising the prime minister against walking away from the talks

Covid forcing newer private equity firms out of fundraising while veteran operators raise huge amounts

European private equity fundraising activity has come roaring back in the third quarter thanks to a slew of big fund closes - but the coronavirus pandemic is forcing many less-established GPs out of the capital

Newion leads €2.5m round for Mediatool

Swedish media management software company Mediatool has raised €2.5m in a series-A funding round led by Dutch investor Newion, alongside J12 Ventures, Almi Invest and current investor Twig.

Strattam Capital looks to boost Netstock’s North America expansion with majority stake buy

Tech-focused private equity house Strattam Capital has made a majority investment in SME inventory planning and optimisation software provider Netstock.

British Private Equity Awards 2020: winners announced

Unquote unveils the winners of the 2020 British Private Equity Awards, hotly contested despite a most challenging market.

HarbourVest collects over $8bn for new secondary fund

Secondaries vehicles have been one of the few bright spots for private equity fundraising in 2020

Vista Equity’s Smith reaches settlement with DoJ in tax probe

Billionaire is set to pay $140m and admit liability for additional taxes owed but won’t be prosecuted

Education tech specialist Brighteye Ventures rides Covid distance learning boom with sophomore fundraise

European edtech investment specialist Brighteye Ventures has almost doubled its assets under management through a first close of its sophomore fund.

Second wave of Covid-19 biggest threat to fund managers eyeing LP capital – survey

LPs fears over a second wave of the Covid-19 pandemic is the biggest threat to alternative asset fund managers looking to raise new capital, new research shows.

Sofinnova Partners swoops for Anderson as partner to boost growth-stage Crossover Fund team

European life sciences venture capital major Sofinnova Partners has brought on board experienced former Abingworth investor Joe Anderson as a partner.

Summa Equity picks up majority stake in protein production, research specialist Sengenics

Stockholm's Summa Equity has bought a majority stake in protein production and research specialist Sengenics through its €610m second fund.

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