Nicole Tovstiga
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Articles by Nicole Tovstiga
Alliance backs Boost AI in $5m funding round
Financing will be used to strengthen technical and commercial teams for expansion plans
Ascend Capital backs TactoTek in $23m round
TactoTek will use the fresh capital to expand operations and production capacity
Horizon partially exits Purcari Wineries in Bucharest listing
The Ukraine-focused buyout house remains an active shareholder with a 22.7% stake held
Genesis, Avallon acquire Triton-backed Eqos Energie operations
Once completed, the Czech and Polish companies will operate under the new brand Stangl Technik
VC-backed Vivino raises $20m series-C
Latest round brings Vivino's funding to $57m since first receiving a capital injection in 2011
IK carves out PwC Sweden's business services division
Deal was made via the IK VIII fund, with a debt package provided by Nordic banks
ATP Private Equity Partners VI holds €800m final close
PE arm of ATP also announces a change in its investment strategy and is merging operations
Ring Capital backs $12m series-B for Adikteev
Other backers in the round include existing investors Isai, Ventech and Laurent Asscher
Hellman & Friedman's Nets take-private gets over finish line
Final shareholder acceptance reaches 94.1%, with compulsory acquisition of minority shareholders triggered
Nordic to restructure fund VII, roll €2.2bn into new vehicle
Buyers Goldman Sachs and Coller Capital are offering an 11% premium to NAV to existing LPs
Tesi leads €6m funding round for Zervant
Zervant plans to use the investment to grow the use of electronic invoicing for micro-businesses
HQ Capital appoints four to advisory board
Advisory board is set to meet twice a year and will advise the executive board of the buyout firm
Ratos exits Jøtul to OpenGate in NOK 360m deal
Deal ends a 12-year holding period for Ratos, after first acquiring shares in 2006
Bowmark acquires Ask4 from Darwin
Deal ends a four-year holding period for Darwin, after acquiring the wifi provider in May 2014
CEE mid-market players welcome renewed attention from larger GPs
Focusing on the mid-market pays off, as renewed interest from international sponsors affords interesting SBO opportunities
Alter leads €15m round for InnovaFeed
Biotech firm intends to build a second production facility to accelerate commercial capacities
Nordic Capital submits cash offer for shares in Nordax
Bid comes four months after Nordic Capital bought a 9.96% stake in Stockholm-listed Nordax
Turkven to raise fourth fund in H2 2018
Fund is a follow-up to the current fund, Turkish Private Equity Fund III, which held a final close in 2012 on $840m
Turkven completes Medical Park listing on Borsa Istanbul
Turkish GP made a full exit, selling 72.8 million shares in the offering at 19 lira apiece
Calculus Capital invests £3m in Open Energy Markets
UK firm intends to strengthen its sales team and enter the US with the fresh capital
Creandum leads $10m series-A round for Mixmax
Mixmax plans to use the new capital to build its team and develop a new mobile interface
Capidea acquires 55% stake in Budweg Caliper
Deal marks first investment from the PE firm's latest investment vehicle, Capidea Kapital III
8GT launches £110m Sino-British venture fund
Government-formed fund will partner with Chinese institutes to invest in UK tech companies
EQT-backed Piab acquires Feba Automation
Deal marks the second bolt-on in three months after Piab acquired SAS Automation in 2017