Technology
Aliter's Boston acquires Pinacl
Transaction is the third bolt-on for the IT group since the GP acquired it 15 months ago
Octopus et al. in $42m series-B for Elvie
Company will use the financing to increase its investment in R&D and expand internationally
Hg launches in New York
New York-based team will support Hg's three US-headquartered software and technology companies
LDC acquires minority stake in Littlefish
GP has committed to providing the IT consultancy with follow-on funding for acquisitions
Aquiline-backed Clearcourse buys Circdata
Fifth acquisition Clearcourse has made since it was established with Aquiline's backing
Rockaway Capital backs $6.9m series-B for Gjirafa
Fresh capital will be used by the firm to scale its current products across the region
VR Equitypartner acquires Informatik Consulting
VR Equitypartner writes equity tickets of up to €20m and acts as an evergreen fund
VCs in €10m series-A for Fliit
Fresh capital will be used for international expansion and the development of the Fliit platform
Comment: Is your data strategy offensive enough?
3i digital director Simon Andersen shares his insight on how companies and their PE backers can best leverage the growing amounts of available data
Cathay et al. sell Amplitude Laser to L-GAM
Sale ends a seven-year holding period for the GP's €200m Cathay Capital II vehicle
VCs exit Newtec in €250m trade sale
Transaction value equates to 14.6x Newtec's EBITDA and 2.7x revenue for the 2018 financial year
Endeit leads $18m funding round for 3D Hubs
Participating investors include Hearst Ventures, EQT Ventures, Balderton Capital and two angels
Mastercard to back IPO of Warburg Pincus's Network International
Dubai-headquartered company will receive $300m of backing in exchange for a stake of up to 9.99%
Apiary backs G3 Comms in MBO
GP deploys capital from its Apiary Capital Partners I fund, which closed on £200m in June 2018
Synova invests in Mediatonic
GP is currently deploying its third fund, which typically invests £10-30m per deal
Finexx acquires Sicko
Finexx used its Finexx Fund I, which closed on €35m in November 2018 and invests €5-20m per ticket
HQ Equita acquires Ebertlang in SBO
Beyond Capital acquired Ebertlang in 2017 when it sold for 1.5-2x its €10m turnover
Oakley Capital carves out Ekon from Advent-backed Unit4
Equity for the deal will be drawn from Oakley Capital Private Equity III, which closed on €800m
BlackRock to buy eFront in $1.49bn deal
Sale of investment management software provider generates 4.8x return for Bridgepoint
Omers Ventures launches in Europe
Omers Ventures currently manages CAD 800m, and has previously invested in Shopify and Hopper
PE consortium approaches £2.6bn deal for Inmarsat
Deal proposed by Apax, Warburg Pincus, CPPIB and OTPP has been recommended for approval
Time for Growth invests €10m in Oslo
Time for Growth buys minority stake in France-based digital transition specialist Oslo
Nauta Capital leads £1.5m round for BlackCurve
Mercia Fund Managers, which backed the company in 2018, also takes part in the funding round
Octopus Investments injects £3.3m into Veeqo
Company plans to use the funding to consolidate its position in the UK market and expand in the US