IK Investment Partners (IK)’s IK VII Fund has sold its stake in Hansen Protection AS (Hansen Protection) to Survitec Group Ltd (Survitec). Financial terms of the transaction have not been disclosed.
Deals & Transactions
Franz Haniel & Cie GmbH (Haniel) continues with its portfolio transformation and has signed a Share Purchase Agreement with Luxembourg-based Aperam SA (Aperam) to sell ELG Haniel GmbH (ELG).
InvestCloud, a specialist in cloud-based financial digital solutions, has acquired Advicent, a cash flow, trust and tax financial planning provider.
TELEO Capital Management (TELEO) has made a significant growth equity investment in Teesnap, a golf course operations management software platform.
Sylvan Enterprises (Sylvan) has received a GBP500,000 loan through the Midlands Engine Investment Fund (MEIF) ESEM Debt Finance fund and backed by the Coronavirus Business Interruption Loan Scheme (CBILS), managed by Maven Capital Partners (Maven).
Sovereign Capital Partners, a UK private equity Buy & Build specialist, has completed a significant investment in AquaQ Analytics (AquaQ), a specialist data analytics and data science services business supporting global financial institutions.
Par Equity has led an investment of GBP2 million in data management specialist Datactics.
The Kempen European Private Equity Fund, the private equity investment fund of Kempen Capital Management (Kempen), has acquired a direct interest in a new entity by the name of Tellus Group (Tellus) that was formed as a result of the merger of five regional campervan dealers in Norway.
Invizius Limited (Invizius), a biotechnology company developing treatments to suppress unwanted innate immune responses, has closed a Series A financing of GBP5.3 million.
Drops, a project aiming to unlock additional value for non-fungible tokens (NFTs), has closed a USD1 million funding round from private investors.