Primary Capital has exited management software solutions company Rhyme Systems. The business has been acquired by 3i-Infotech Ltd, a global provider of IT solutions listed on the Bombay Stock Exchange, in a deal valued at £28m. The exit represents a money multiple of 3x on Primary's investment and an IRR of 50%.
With Nazca's support, Filmin intends to consolidate its market position in Iberia and broaden its product offering
GP deploys capital from Progressio Investimenti III, which held a final close on its €250m hard-cap in 2019
Oxbow seeks to invest in mid-market companies with a revenues range of $20-250m
B2B marketplace for brands and independent retailers is also backed by GFC, Alven and Aglaé