August Equity's super yacht magazine publisher Boat International Media Ltd has appointed Sir David Arculus as its chairman. Arculus is currently a non-executive director at O2 Plc, Telefonica Plc and Pearson Plc. He was chairman of O2 from 2004 until its sale to Telefonica in 2006. Prior to that, he enjoyed periods as chairman of IPC Media and as group managing director of EMAP Plc. Additionally, Arculus was appointed by Downing Street as chairman of the Better Regulation Task Force in 2002 which was set up to review and reform all regulations affecting British business.
Arcus could increase its share to a majority stake in future, the GP said in a statement
Finnish venture capitla firm Maki.vc has led a €1.5m funding round for Helsinki-based financial analytics provider Calqulate.
Advanz Pharma initially hired Jefferies to advise on a sale process in October 2020
Company has also received €1.4m in venture loans and soft money from the Danish Growth Fund and Innovation Fund Denmark