US

The capital infusion will be used by Rostrum Pacific to pursue catalog opportunities of any scale.

Other investors participating in this deal include Salem Capital Management, Mousse Partners, TF Cornerstone, HighSage Ventures, and Barcliff Partners.

Astorg, Frazier Healthcare, Hg and Nordic Capital are among the PE firms pursuing deals around clinical data exchange assets.

'Some businesses will trade at levels that would have been unacceptable two years ago, but the alternative – extended holds and repeated refinancings with limited distributions – is becoming harder for LPs to accept.'

Annual enterprise spending on AI has surged from just $1.7bn in 2023 to $37bn in 2025, as companies see 'real revenue and productivity gains at scale,' Menlo Ventures says in its third annual report on generative AI in the enterprise.

The stock is listed under the ticker symbol “LMRI.”