Europe

Pharmanoid is a manufacturing site specializing in the production of HPAPIs for ophthalmology.

Ascora offers services ranging from policy underwriting to claims management across three main areas: real estate, property and casualty, and health and protection.

IK Partners has acquired a majority stake in Ascora Group a French insurance broker, as part of a management buyout.

'Many sponsors hold large, mature portfolios and there is an increasing need to return capital as fund lives stretch. With cleaner run‑rates and more predictable trading, more assets will come to market.'

Funding to AI-related start-ups spiked 75% to $203bn from 2024, with foundation model companies representing 40% of that globally and US companies dominating.

Supraj Rajagopalan, co-managing partner, and Alex Leslie, chief operating officer and chief financial officer, have decided to step down from their roles and will be leaving the firm.

Lodgyslife is a German and Swiss campsites platform.

SPI is Safran’s in-flight entertainment and connectivity services division.

Aquatec is an Australian provider of water and wastewater management services.

Mutares acquired the operations of Terranor in Sweden and Finland in 2020 through a carve-out from NCC, followed by the acquisition of the Danish business in 2021.