Michelson Diagnostics, the UK based medical device company focused on multi-beam Optical Coherence Tomography technology has closed its Series A2 Financing. The round raised 1.98 million pounds ($3.25million) from existing investors, led by Octopus Investments and supported by Catapult Venture Managers Ltd and London Business Angels and several business angels.
6 min read · 13 January 2014
Catch up on the latest headlines after the weekend including Apollo's largest PE fund since the financial crisis, a reassessment of the cleantech demise and a handful of VC fundraisings.
1 min read · 13 January 2014
Acacia Partners has acquired Questco Companies. Questco is a professional employment organizations based in in Texas.
3 min read · 09 January 2014
Adveq has announced three promotions. The firm has promoted Viswanathan Parameswar, Sasha Kugler and Patrick Küntscher to executive director.
3 min read · 09 January 2014
The Carlyle Group has promoted 48 professionals to senior positions. The firm has promoted nine to partner, 13 to managing director and 26 to principal/director.
3 min read · 09 January 2014
The Riverside Company has completed the fundraising for its latest fund, Riverside Capital Appreciation Fund VI. The fund closed at $1.5 billion, above its $1 billion target.
1 min read · 09 January 2014
Watkins Hire Limited has been sold to its management team, led by CEO Paul O’Kelly, backed by private equity house Baird Capital. Livingstone advised the shareholders of Watkins Hire on the transaction.
2 min read · 09 January 2014
Compliance Science, a provider of regulatory compliance technology and services, has received an $8.25 million Series A investment from Edison Ventures, an information technology-focused venture capital firm. Edison Venture’s minority investment is the first outside capital that Compliance Science has received.
4 min read · 09 January 2014
Capvis Equity Partners has closed Capvis Equity IV with capital commitments of 720 million euros. The fund was oversubscribed, exceeding its target of 600 million euros and reaching its hard cap.
2 min read · 09 January 2014
UK-based private equity firm NVM Private Equity has appointed Liam May to its investment team. He will be working alongside the NVM directors to help generate new investment opportunities and manage NVM’s existing portfolio across the UK. He will be based in NVM’s new Manchester office.
2 min read · 09 January 2014