EQT portfolio company SUSE, an open source infrastructure software provider, has acquired Silicon Valley-based Rancher Labs, a Kubernetes container management platform.
Deals & Transactions
Machine Labs has raised a Seed Extension round of GBP1 million (USD1.25 million) lead by Techstart Ventures alongside the founders, the angel investors Bill Dobbie and Richard Freedman, and the British Business Bank.
Mercia Asset Management has announced the sale of The Native Antigen Company Limited (NAC) to LGC, a specialist in the life sciences tools sector, for a total cash consideration of up to GBP18.0million.
YourMedPack Ltd, a provider of smart medication packs to support patients at home and in care, has secured GBP600,000 in funding from the Greater Manchester & Cheshire Life Sciences Fund, managed by Catapult Ventures, and existing investors.
Mobilux, the holding company of BUT, a Clayton, Dubilier & Rice (CD&R) portfolio company, is to acquire Conforama France, a subsidiary of Steinhoff International, to create the largest omnichannel furniture retail group in France.
Permutive – a publisher-focussed data management platform – has raised USD18.5 million in Series B funding, led by Octopus Ventures with participation from EQT Ventures and earlier investors.
Global tax software provider Sovos has acquired Brighton based Accordance, a UK value-added tax (VAT) managed services company.
Sagewind Capital (Sagewind), a New York-based private equity firm, has invested in QuantiTech, a provider of highly technical engineering services to the Army, Air Force, NASA and various other key defence agencies.
GB Auto Service, a portfolio company of Greenbriar Equity Group, has acquired Sun Devil Auto and Sun Auto Service, bringing its footprint to over 160 tyre and automotive service facilities.
Arlington Capital Partners (Arlington Capital), Washington DC-based private equity firm, has, in partnership with the existing management team, completed the acquisition of J&J Worldwide Services, Inc (J&J0.