The EQT Mid Market Fund is acquiring insurance technology business TIA Technology from DKA Capital, a Danish private equity fund, and the founders. The management team of TIA will co-invest and partner with EQT Mid Market.
3 min read · 17 June 2014
LeukoDx has secured $7 million in new financing from Axcel Partners and individual investors. Founded in 2009, LeukoDx's technology is based on technology initially developed for NASA.
3 min read · 17 June 2014
Harbert United States Real Estate Fund V has reached a final close in excess of its $400 million fund cap. Harbert Management Corporation manages approximately $4 billion globally which includes $1.5 billion in committed equity across its US and European real estate funds.
2 min read · 17 June 2014
Energy & Exploration Partners is to acquire 18,300 net acres in Houston and Madison Counties, Texas from TreadStone Energy Partners, a Kayne Anderson Energy Funds portfolio company. The transaction is valued at approximately $715 million.
3 min read · 17 June 2014
Pan-African private equity firm 8 Miles has purchased a stake in Ugandan agribusiness Biyinzika Poultry International for an undisclosed amount. BPIL was established in 1990 and sells poultry Day-Old Chicks and specialised poultry feed.
1 min read · 17 June 2014
Genstar Capital is to sell Evolution1 to WEX for $532.5 million. Evolution1 provides software, payment and mobile solutions that administer and manage consumer directed healthcare accounts.
3 min read · 17 June 2014
Leeds Novamark Management has held the final closing of its first fund. Leeds Novamark Capital I has raised over $236 million of capital, above its target of $225 million.
2 min read · 17 June 2014
Actis has completed a two-part transaction that sees the firm’s subsidiary, Umeme Holdings sell a total 45.7 percent of Ugandan electricity distribution company, Umeme for $98 million. Stanbic acted as lead transaction advisor and Stanbic and Rencap as joint bookrunners.
3 min read · 17 June 2014
Beechbrook Capital has held a second close on Beechbrook Mezzanine II. The firm is a specialist direct lender.
2 min read · 17 June 2014
Orange Silicon Valley has published a new report called Unicorns, Startups, and Giants: The New Billion Dollar Dynamics of the Digital Landscape. The report reveals characteristics of tech 'unicorns' within the start-up scene.
3 min read · 17 June 2014
