Aberdeen Asset Managers Growth Capital has provided oil and gas services company Cyclotech with £1.4m of equity funding. The new capital will be used for product development, additional management appointments and new offices in Singapore and Houston.
Vehicle is expected to hold a final close in March 2020, Unquote understands
Merger of German and Dutch peers will result in a client base of 3,500 companies
Fund's predecessor, BlackFin Financial Services Fund II, closed on €400m in 2016
GP will support the Munich-based software company's growth by broadening its product offering