Foresight Group's Foresight 4 VCT “C Shares” entire shareholding in Hallmarq Veterinary Imaging Limited has been sold to Catamaran Ventures Limited and a number of existing shareholders. The sale represents a return of 1.6x for Foresight.
2 min read · 10 April 2014
This morning read all about how to manage partner selection in venture capital syndicates, Vertical Venture Partners reaching a first close of its debut vehicle and where to get your 2014 employee compensation data.
1 min read · 10 April 2014
Activum SG Fund III has closed oversubscribed with $524 million of capital commitments. Atlantic-Pacific Capital served as the exclusive global placement agent for Fund III as well as for Activum’s prior fund. Activum is a European fund manager that invests in niche opportunities in real estate-related sectors.
2 min read · 09 April 2014
Buyout firms Delos Capital and HandsOn3 have partnered to merge BancTec and Dataforce. The combined businesses will create a global provider of business process outsourcing services.
2 min read · 09 April 2014
AdvanDx has closed a $12 million financing led by Merck Global Health Innovation Fund with participation from existing investors SLS Ventures AB and LD Pensions. The Series B-1 financing will be used to fund the expansion of AdvanDx's molecular diagnostic product offerings, as well as its sales and marketing presence in the US and internationally.
2 min read · 09 April 2014
Sycamore Partners has completed its acquisition of The Jones Group Inc. The transaction is valued at approximately $2.2 billion.
3 min read · 09 April 2014
EverPower Wind Holdings is to acquire the 240MW Big Sky Wind Farm located in Bureau & Lee Counties, Illinois, about 95 miles west of Chicago, from Suzlon Energy. EverPower is a portfolio company of Terra Firma.
2 min read · 09 April 2014
Growth capital investor Beringea's portfolio company Eagle Rock Entertainment has been sold to Universal Music Group for an undisclosed sum. Beringea first invested in Eagle Rock Entertainment through its ProVen VCTs in May 2007.
4 min read · 09 April 2014
NXP Semiconductors N.V. has led a $6 million investment round in Senseg. The round also includes existing Senseg investors Ambient Sound Investments and Finnvera Venture Capital. Founded in 2006, Senseg adds tactile effects to touch interfaces with a solid state solution.
4 min read · 09 April 2014
IK Investment Partners’ IK VII Fund has invested in Ramuddenbolagen, a specialist provider of temporary traffic control services in the Nordics. Financial terms of the transaction are not disclosed.
3 min read · 09 April 2014