Technology
FRANCE - Seventure leads EUR 3m investment into CodaSystem
Seventure Partners has led a EUR 3m third financing round for software company CodaSystem, alongside existing investors OTC Asset Management and CapDécisif Management.
UK - Pentech closes second fund on £45m
Scottish venture capital firm Pentech has reached the final closing of its second fund, Pentech Fund II, on ТЃ45m, subtantially exceding the ТЃ25m target.
FRANCE - Innovacom et al invest EUR 7m in Active Circle
Returning investor Innovacom has led a EUR 7m second round of investment into Active Circle, a technology solutions company, alongside OTC and Quest for Growth.
SWEDEN - GP Bullhound recruits two
Investment bank GP Bullhound has hired Andreas Zartmann as director and Carl Bergholtz as analyst.
UK - Seraphim invests in Testplant
Seraphim Capital has invested ТЃ1m in Testplant Ltd, a newly established platform business designed to make acquisitions in the software testing market.
CEE - Summit invests in Telerik
Summit Partners has invested in Telerik, a Bulgarian supplier of software tools and components that allow developers to build web and desktop applications.
GERMANY - Seventure leads EUR 5m funding round for conject AG
Lead investor Seventure and existing investor Earlybird have injected EUR 5m in software company conject AG.
SWITZERLAND - DEFI Gestion acquires Plumettaz
DEFI Gestion SA, via DEFI EuroCap III, has acquired cable machinery company Plumettaz SA from its family owners for an undisclosed sum. Messrs Gérard and Denis Plumettaz will remain in the group as minority shareholders.
UK - Oxford Capital exits Infobasis for USD 5m
Oxford Capital has sold its stake in human resources software specialist Infobasis to Nasdaq-listed HR and data software provider Salary.com Inc in a USD 5m deal.
GERMANY – Neuhaus leads Charismathics investment
Neuhaus Partners GmbH has led an undisclosed investment into software company Charismathics GmbH in a first round of funding. BayBG Bayerische Beteiligungsgesellschaft mbH, Bayern Kapital GmbH and the management also participated in the financing.
BELGIUM - Carlyle- and Kennet-backed FRSGlobal completes acquisition
The Carlyle Group and Kennet Partners have supported portfolio company FRSGlobal, a provider of global risk and regulatory compliance reporting solutions, in its acquisition of Swiss risk management business IRIS integrated risk management solutions AG....
UK - YFM invests in Mobile Safety Solutions
YFM Group, through its Yorkshire & Humber Equity Fund, has invested an undisclosed sum in mobile technology software business Mobile Safety Solutions.
UK - YFM invests £250,000 into MyKnowledgeMap
YFM, through its Yorkshire & Humber Equity Fund (YHEF), has invested ТЃ250,000 in e-learning company MyKnowledgeMap.
EUROPE - Earlybird closes new fund on EUR 127m
Earlybird has held a final closing of its new fund Earlybird IV, with investors from Germany, the US, Asia and the Middle East committing EUR 127m towards the early-stage financing of young, innovative companies.
SWEDEN - Industrifonden and Eqvitec invest SEK 40m in Netadmin
Industrifonden and existing investor Eqvitec Partners have invested SEK 40m in an expansion funding round for Swedish software business Netadmin System i Sverige AB.
SPAIN - Debaeque-backed Oasyssoft opens office in Silicon Valley
Debaeque-backed software developer Oasyssoft has moved its headquarters from Barcelona to Silicon Valley, and increased staff numbers from 14 to 50.
UK - KKR-backed NIS aquires Anite in £54.3m deal
Northgate Information Solutions, a provider of specialist software, outsourcing and IT services backed by KKR, has acquired public sector IT specialist Anite Public Sector Holdings Ltd in a ТЃ54.3m deal.
GERMANY - Arques acquires Siemens mobile phone business
According to reports, German turnaround firm Arques Industries has acquired 80% of Siemens mobile phone (SHC) division for an undisclosed amount.
UK - Kennet closes third fund on EUR 200m
Kennet Partners has held a final closing of its third fund, Kennet III, on in excess of EUR 200m (USD 315m).
FRANCE - Partners buyout Partech International
Partech has announced the management buyout of its European subsidiary Partech International Partners. The deal was led by managing partners Philippe Collombel and Jean-Marc Patouillaud, and was supported by the firms investors, including CIC, 123Venture,...