Technology
Redcentric ends sale process following discussions with Macquarie
Redcentric is currently trading at ТЃ123.32 per share, while it was trading at ТЃ147 on 2 September 2020
Aglaé, BPI France lead $30m series-B for Livestorm
Raise Ventures and Idinvest also take part in the round, which brings the total amount raised by Livestorm to $35m
Marlin Equity Partners to acquire majority stake in Coyo
Competition authority filing states that the GP is to invest via its Heritage Europe II fund
Innovestor leads €1.1m seed round for Linear
Startup will use the proceeds for future growth and expansion to new markets
Speedinvest holds first close for Speedinvest x Fund 2
VC also announced the appointment of Tier Mobilty co-founder Julian Blessin as partner
IK buys majority stake in GeoDynamics from Sofindev
Sofindev had reportedly been looking to sell its 50.1% in the company and had mandated EY for the process
Altitude exits Mortec Semiconductor for 12.6x return
Altitude acquired the company in July 2016 in a deal that valued the company at around ТЃ1m
Via Equity invests in ESmiley
Deal is the GP's first from its fourth fund, which held a first close last month and is targeting тЌ175m
Ufenau to acquire Mac IT-Solutions
Ufenau intends to build an e-commerce software platform via a buy-and-build strategy
MIG leads €39m series-A round for IQM
"Deep tech" startup has so far raised тЌ71m since being founded in 2018
Livingbridge invests in Visualsoft
Livingbridge invests through its Enterprise 3 fund, which closed on ТЃ334m in October 2019
Clipperton hires Westphal as partner
Nikolas Westphal joins the technology-focused corporate finance firm from GP Bullhound
HTGF et al. lead €2m round for All3DP
Company intends to launch an international financing round, which is scheduled for 2021
Lea Partners sells IDL to PE-backed Insightsoftware
Lea acquired a majority stake in the financial performance enterprise software business in 2019
EQT sells Tia Technology to trade
GP is selling the company for $78m in cash on a fully diluted basis, six years after acquiring it
LDC sells Babble to Graphite for £90m
LDC retains a minority stake in Babble, while the management team is reinvesting some of its proceeds
Bertel O Steen Kapital buys partial stake in ITVerket
Computer services company expects to generate a turnover of NOK 170m (тЌ15.6m) in 2020
All Iron Ventures I closes on €66.5m
Fund invests in innovative B2C companies, primarily marketplaces, e-commerce specialists and SaaS startups
Andera, Capza reinvest in Octime in minority SBO
Andera (then EdRip) acquired a majority stake in the business along with management in 2016
Nordic Capital carves out RegTech from BearingPoint
GP followed the company for a long time and entered into exclusive negotiations with BearingPoint a few months ago
360 Capital to launch €50m Square II fund
360 Square II will deploy equity tickets of €500,000-3m, primarily across France and Italy
Maven, Par Equity sell Symphonic stakes to trade
US-based Ping Identity acquires the Edinburgh-headquartered identity and authorisation software
Lugard Road Capital leads $32m round for InRiver
Company has raised around $56m in total funding and will use the latest proceeds to speed up growth to meet accelerated customer demand
Bregal to acquire STP from Hg
Hg invested in the legal software business via its first Mercury Fund in 2016