Technology
SWEDEN - Martin Dawes Systems buys venture backed Visual Wireless
Martin Dawes Systems has announced its acquisition of Visual Wireless and the formation of a new international revenue assurance business.
UK - Pond III final close brings in additional US funds
Pond Venture Partners has announced that it has held a final close for its Pond III fund oversubscribed and above target at $145m.
UK - Apertio secures $30m Series B round
Apertio, a leading independent provider of subscriber-centric networks, has announced a $30m Series B funding round with existing investors Add Partners, DVC Deutsche Venture Capital, Eden Ventures, Motorola Ventures and The Tokarz Group. T-Mobile Venture...
UK - Intuita merges with EVision
Manchester-based Intuita, a leading supplier of software to the UK construction industry has announced its merger with EVision Ltd as part of a buy-and-build strategy. Intuita, which underwent a management buyout last month, has followed the MBO with...
FRANCE - BPE acquires Sogetrel for EUR 90.3m
ABN AMRO Capital and BBS Capital have agreed to sell Sogetrel to management and Barclays Private Equity France for an enterprise value of EUR 90.3m, subject to regulatory approval.
GERMANY - Triangle leads financing for game technology provider X-aitment
Triangle Venture Capital Group has led a EUR 3m funding round to enable German game technology imaging developer X-aitment to start up its operation.
UK - Viking Fund makes intelligent investment
Yorkshire-based venture capital company Viking Fund has invested in Intelligentsia, a Sheffield software firm. Viking Fund has invested around ТЃ100,000 in Intelligentsia, alongside ТЃ60,000 from four members of the Viking Club т a group of high net worth...
DxO Labs receives EUR 10.6m from VC syndicate
DxO Labs, a French software company developing advanced image processing technologies for the mobile imaging industry and other digital consumer imaging markets, has announced the closing of a EUR 10.6m round of funding. Apax Partners France led the new...
Matrix backs buyout of Vectair Systems
Vectair Systems Ltd, a leading provider of air care and sanitary washroom products, has been sold by private investors, including its co-founder to its management team in a £3.5m management buyout. Matrix Private Equity Partners invested £1.1m with the...
Red-M secures £5.4m further funding
Close Venture Management (CVM) has invested ТЃ750,000 in Red-M Group, a leading provider of services and products for managed wireless infrastructures. The investment was part of a ТЃ5.4m funding round, led by Pi Capital and including in addition to Close,...
Digital Healthcare appoints non-executive director
Digital Healthcare (DH), a leading supplier of software for diabetic retinal screening programmes and ophthalmology, has appointed Mike O’Leary as a non executive director with immediate effect.
European tech M&A soars, says research
The number of acquisitions during 2005 within the European technology sector has outstripped the previous high of 2004 and recorded a staggering 103% increase in deal value, according to the latest findings from Regent Associates' 'European Technology...
Capital Fund invests in TXT4
A company that provides automated mobile response systems for advertising and recruitment campaigns has raised ТЃ250,000 from The Capital Fund, a ТЃ50m venture capital fund that invests in fast-growth companies in Greater London. TXT4 was advised by GP...
ClusterSeven secures £2.4m investment
ClusterSeven, the enterprise spreadsheet management software provider, has announced that Quester, a leading UK venture capital company, has invested £2.4m in the company. The funds will be invested in product development and in ClusterSeven’s expansion...
Austrian startup RF-iT receives EUR 4m from PONTIS and Truffle
Vienna-based PONTIS Venture Partners, alongside Parisian Truffle Venture has arranged a first round of funding for Infineon spin-off RF-iT Solutions. Public leverage came from the federal agency Austria Wirtschaftsservice (AWS) which complemented the...
Advent invests in Airwide Solutions
Airwide Solutions, a global leader in providing mobile infrastructure software to enable, enhance and ensure mobile communications for wireless operators, today announced it has secured $25m in Series D funding. The financing was led by a new investor,...
Williams de Bro appoints new head of corporate finance
Williams de Bro has appointed Frank Moxon, chairman of the Corporate Finance Forum of the Securities & Investment Institute, as head of corporate finance.
Imperial Innovations appoints Smith as CFO / COO
Imperial Innovations, the technology commercialisation company of Imperial College London, today announces the appointment of Julian Smith as chief finance and operating executive.
Aberdeen restructures private equity activities
Aberdeen Asset Managers Private Equity (AAMPE), formerly Aberdeen Murray Johnstone Private Equity, the private equity division of Aberdeen Asset ManagementPLC (AAM), announces a rebranding and internal restructuring which seesinvestment operation split...
Graphite sells Equanet to generate 2.2x money
Graphite Capital, the UK mid-market private equity specialist, has sold Equanet, the IT hardware reseller, to DSG Retail Ltd, a wholly owned subsidiary of Dixons Stores Group Plc, for an undisclosed sum.