HarbourVest has secured an agreement to wholly acquire the investment portfolio of SVG Capital for £807m, bringing to an end a fiercely competitive bidding war.
SVG is to be wound down following the transaction, with its shareholders due to receive a total of £1.12bn through a series of tender offers by Q3 2017. The deal value represents a 0.6% premium on the...
Round was led by Accel
360 Capital joined Robert Bosch Venture Capital and others in the round led by Intel Capital
Data analytics software developer will use the funding to invest in product development
With the management also selling its minority stake, Altran becomes the sole owner