Pigsback.com, the consumer website that is fast becoming a favourite for online marketing and advertising amongst leading brands, has received a £2.5m investment from Hotbed, the private investor network. 48 members of Hotbed invested in Pigsback.com, already the 6th most visited website in Ireland which boasts 29% of the total Irish online display marketing spend. Their 300-strong advertiser base includes big brands such as Nokia, Vodafone, Nestle, Tetley, L’Oreal, Carling, eBookers, Kelloggs and Dell.
Fund has raised €1bn of its €1.1bn target and plans to hold a final close in Q1 2020
GP will take a minority stake, with the Reisenthel family as majority shareholders
Horizon expects to merge the two IT services providers to create a business with 300 developers
EQT deploys capital from its EQT VIII fund, which hit its €10.75bn hard-cap in 2018