Foresight Venture Partners has invested £2.5m in UTarget, the online advertising services company. UTarget has created the UK’s first online TV and video advertising network, serving full page TV-style ads on websites for major brand clients. A challenge presented by the digital age is working out how to monetise online video traffic. Service providers and ad networks such as UTarget key tools in this process.
Polish buyout firm Abris Capital Partners has signed an agreement to sell its stake in Polish locomotive lessor Cargounit, also known as Industrial Division, to Three Seas Investment Fund (3SIIF).
Amplify IV targets seed and series-A rounds, while Amplify Select makes follow-on investments in existing portfolio companies
GP had previously made an offer of SEK 70 per share, which was later increased to SEK 72 per share
Company intends to boost its production capability, bolster its international expansion and pursue a buy-and-build strategy