A company that provides automated mobile response systems for advertising and recruitment campaigns has raised £250,000 from The Capital Fund, a £50m venture capital fund that invests in fast-growth companies in Greater London. TXT4 was advised by GP Bullhound, the technology investment bank, and the round remains open for additional investors.
Deal is the ninth investment from Tenzing's debut fund, with its successor yet to deploy
Panellists from PE and advisory firms discussed the role of private equity in the current deals landscape at Mergermarket's Germany Forum
Deal will be the second add-on acquisition for Danoffice since Agilitas's buyout of the company in November 2017
Bowmark will provide additional funding of £100m to fund the company's add-ons acquisitions