SR Labs is acquiring Wombat from Intercontinental Exchange. The business is a provider of low latency market data and market access solutions for the financial industry.
3 min read · 19 June 2014
The Abraaj Group has submitted a mandatory tender offer to acquire Cairo Medical Center. The business is listed on the Egyptian Stock Exchange.
3 min read · 19 June 2014
Compliant Innovations has closed a Series A financing. Launched in 2013, DocSpera allows surgeons andprocedural specialists to collaborate with peers and medical device representatives on patient care. Investors include Lifeforce Ventures and Attractor Ventures.
2 min read · 19 June 2014
Performance measurement firm Silent Edge has received backing from Rockpool Investments. Silent Edge is Rockpool's seventh investment of 2014.
4 min read · 19 June 2014
Leiden-based biotechnology company OcellO has entered into a strategic partnership with TomTom founder and philanthropist Pieter Geelen. The business intends to to further develop its biological mapping technology and fund the next stage of growth in its drug discovery screening services.
3 min read · 19 June 2014
St. Neots Packaging has been sold to flexible and rigid plastic packaging manufacturer Coveris. St. Neots operates out of two facilities in Cambridgeshire, UK and is an Endless portfolio company. Livingstone advised on the deal.
3 min read · 19 June 2014
Advanced solar energy business Siva Power has secured backing of $15 million. The new capital came from four investors, including three existing investors: Trident Capital, DBL Investors and Acero Capital. The city of Wuxi, China came in as a new investor.
2 min read · 19 June 2014
IK Investment Partners is selling GHD GesundHeits GmbH Deutschland, a German provider of homecare services to Nordic Capital Fund VIII. Financial terms of the transaction were undisclosed.
4 min read · 19 June 2014
Neapolitan Live Events has signed a five year deal with Blenheim Palace and will invest to bring live music back to the venue in June 2015, the first time in a decade. The series of concerts, for a capacity daily audience of 10,000, will once again be situated in the Great Court within the palace walls looking out across the lake.
2 min read · 19 June 2014
This Thursday morning First Read brings you the latest in secondaries fundraising, reasons why the start-up culture is so important and how much Texas Teachers' invested in private equity last year.
1 min read · 19 June 2014