Oak Investment Partners
Duedil raises $17m series-B
Company claims it has doubled in size since series-A
PE-backed GTS goes to Deutsche Telekom for €546m
Deutsche Telekom has bought GTS Central Europe, a telecommunications company backed by a consortium of private equity firms including Bessemer Venture Partners and Oak Investment Partners, for €546m.
Wonga buys VC-backed Billpay
Cash lender business Wonga, backed by a consortium of venture capital firms, has acquired online payment business Billpay, a portfolio company of numerous German VCs.
VC-backed Wonga in battle with C of E
The Archbishop of Canterbury has told the boss of Wonga, backed by a consortium of venture capital firms, that the Church of England plans to force it out of business, according to reports.