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Deals & Transactions

Gulf Capital completes sale of 70 per cent stake in Turknet

Gulf Capital, a leading growth markets alternative investment firm, has successfully completed the sale of its 70 per cent stake in Turknet Iletisim Hizmetleri (Turknet), an internet service provider in Turkey, to a consortium of buyers including the incumbent Celebiler Family and Re-Pie Portfoy Yonetimi (Re-pie).  The sale generated a

Cambridge spinout CGD raises USD9.5m in Series A funding

Cambridge GaN Devices (CGD) has raised USD9.5 million in Series A funding. The investment was co-led by IQ Capital, Parkwalk Advisors and BGF, and includes investment from Foresight Williams, Cambridge Enterprise, Martlet Capital, Cambridge Angels and Cambridge Capital Group.  The funding will be used by CGD to expand its product

PE-backed 3t Energy Group to buy Petrofac’s UK in-person training business

3t Energy Group has exchanged contracts with Petrofac on a major transformational acquisition for the purchase of its UK training centres. The purchase includes Petrofac’s Survival and Marine, Health and Safety, Fire, and Major Emergency Management capability and facilities in Scotland. The value of the acquisition is undisclosed. The purchase

Kempen European Private Equity Fund acquires direct interest in software company Eque2

The Kempen European Private Equity Fund has backed the senior management team at construction software company Eque2 to acquire the business from its existing shareholders. Eque2 supplies business management software to more than 2,700 customers in the construction, housebuilding and contracting industries. Its software enables builders, contractors, architects, engineers and

Evox Therapeutics completes GBP69.2m Series C financing

Evox Therapeutics (Evox), an exosome therapeutics company, has raised GBP69.2 million (USD95.4 million) in a Series C financing round. The financing was significantly oversubscribed with high demand from both existing and new investors. The Series C financing was led by Redmile Group who were joined by new investors OrbiMed and

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