Expansion

UK - Sovereign makes Dependable portfolio acquisition

Sovereign Capital has led the acquisition of cleaning company Dependable Services Ltd on behalf of portfolio company London Property Maintenance Ltd (LPM), a provider of contract cleaning security and maintenance services, for an undisclosed sum.

SWEDEN - Ledstierna acquires 20% of Katshing Netsales

Ledstierna AB, the Swedish listed venture capital firm, has invested SEK 6m in return for a 20% stake in Katshing Netsales AB, an internet company for mobile technology. The agreement stipulates that Ledstierna acquires 20% of the shares in Wazoo Holding...

NORWAY - Verdane Capital invests in Fjord Media

Fjord Media, a developer and seller of routing, signal processing and optical transmission equipment to the broadcast, multimedia and telecom industries, has attracted growth capital from Verdane Capital. The funding will be used to expand its sales and...

UK - 3i increases stake in AES Engineering to 40%

3i has made a further investment in AES Engineering Ltd, the holding company of the AESSEAL Group, a mechanical sealing business. 3i first invested in AES in 1996. This secondary investment increases its equity stake to 40% and values the business at...

SWEDEN - Industrifonden leads $6m investment in ChromoGenics

ChromoGenics, a Swedish developer of electrochromic technology, has closed a $6m second round of funding lead by Industrifonden. Industrifonden invested $3m, while existing investors Volvo Technology Transfer and Innovationsbron also participated in the...

UK - MMC Ventures invests £1.4m in The Practice

MMC Ventures has completed an investment of ТЃ1.4m in The Practice Plc (formerly Practice Networks), a primary healthcare company that manages surgeries on behalf of GPs and provides primary care service contracts to Primary Care Trusts (PCTs).