Technology
Nordic Capital partly acquires Boost.ai
Shareholders Finstart Nordic and Alliance Venture will continue as investors alongside Nordic Capital
Bid Equity's Myneva bolts on Patronis, TTS
Social care and healthcare software platform is following a buy-and-build strategy
FSI et al. sell Cedacri to Ion for €1.5bn
FSI intends to reinvest in Cedacri as a minority shareholder, doubling the capital deployed in 2017
Inflexion buys minority stake in Systal
Investment in the managed IT network service is the GP's third deal to be announced in March 2021
Quantifying PE's appetite for recurring revenue models
Buyouts in sectors where recurring revenue models are predominant went from 8% of European volume in 2010 to 22% in 2021 to date
AM Ventures holds first close for 3D printing venture fund
Additive manufacturing-focused venture capital firm has a target of €100m for the vehicle
LDC buys Sohonet from FPE Capital
With LDC's support, the company intends to boost its international growth and explore complementary acquisitions
Goldman Sachs, Kennet sell Nuxeo to Hyland Software
Goldman Sachs and Kennet Partners are expected to make a 5x return on their investment in Nuxeo
BGF-backed TIG bolts on ThirdSpace
Acquisition of the cybersecurity and identity firm is backed by BGF and Santander Growth Capital
Consortium in $400m series-C for Hopin
Virtual event software was valued at $2.1bn at the time of its $125m round in November 2020
Pride Capital sells stake in Kairos to trade
Direct lender invested in Kairos in 2018 and was part of Main Capital until its spin-out in 2019
One Equity Partners buys stake in Cicor Group
GP is to acquire a stake in the Switzerland-based circuit board producer from HEB Swiss Investment
Beyond Capital Partners sells Sysob to trade
GP invested in the IT equipment distributor in 2016 via BCP Fund I; it is on the road for Fund II
Pinova invests in Raynet
GP is investing in the IT service via Pinova II and plans to make two more deals from the fund
Pinova sells Human Solutions, Avalution to Bridgepoint's Humanetics
Deal is a partial exit for Pinova; the GP will retain fashion design software platform Assist
Bowmark, LDC sell Node4 to Providence
IT business was expected to fetch a valuation in excess of £300m, based on a 15x multiple
Synova sells Tonic Games to Epic, nets 200% IRR
Exit closely follows that of Fairstone Group to TA, which resulted in a 4.5x return
CBPE invests in Mindera
Software systems developer is the GP's first investment from its £561m CBPE X vehicle
Beyond Black holds first close for Pledge Fund I
Following the €20m first close, the Berlin-based VC aims to launch a larger cleantech-focused fund
Monterro buys e-health software provider Bliksund
Company is looking to expand in Sweden, Denmark and the UK first, but also further abroad
Global PayTech Ventures invests €4m in Subaio
Deal is Global PayTech’s first investment and will help Subaio expand into new European markets
LDC backs WCCTV with £30m investment
Company plans to use the fresh capital to further accelerate its international expansion and launch new products
Norvestor acquires Finnish water management firm Envera
Norvestor partner Per-Ola Baalerud said in the press report that the GP aims to increase Envera’s turnover five-fold within four to five years
LDC invests in Phoenix Datacom
As part of the transaction, Phoenix Datacom extends its banking facilities with Lloyds Bank