FORWARD FEATURES CALENDAR

Deals & Transactions

Xenikos secures USD30m in Series B financing

Xenikos, a clinical-stage biopharmaceutical company currently developing a novel therapy for treating acute graft-versus-host disease (aGVHD), has secured USD30 million in a Series B financing round. Two new investors in the company – Medicxi Ventures and RA Capital Management – participated in the financing round. The funds will be used

CMS acts for ITE Group plc on GBP300m acquisition of events businesses from Ascential

Law firm CMS is acting for main market listed ITE Group (ITE) on its proposed GBP300 million acquisition of Ascential’s Exhibitions Business.   The consideration for the acquisition (including estimated costs) is intended to be funded through a GBP315 million rights issue, which has been fully underwritten on a standby basis

TECHNEDs makes strategic investment in Measure My Energy

TECHNEDs has made a strategic investment in Measure My Energy that will utilise the investment firm’s expertise and planning in the field of emerging technologies. Together, TECHNEDs and Measure My Energy will explore new commercial strategies to disrupt the manner in which businesses can understand their utilities expenditure.   “We

Investcorp launches buy-and-build strategy in German healthcare sector

Investcorp has established a platform to enter the highly fragmented German dental sector. As its initial investment, Investcorp has acquired Privatzahnarztklinik Schloss Schellenstein GmbH (PSS), one of the leading centres for implantology and dental surgery, which attracts both domestic and international patients and is based in North Rhine-Westphalia, Germany. PSS

Inverness Graham sells Spirion

Inverness Graham, a private investment firm based in suburban Philadelphia, has sold Spirion LLC, a provider of enterprise data management security software, to the Riverside Company.  Spirion helps customers reduce their sensitive data footprint and minimise risks of cyber-attacks.  Spirion’s customers include leading firms in the financial services, retail, healthcare,

Edison Partners exits Billtrust

Edison Partners has completed the sale of its stake in Billtrust, a payment cycle management specialist, to New York-based private equity firm W Capital Partners. The sale generated more than an 10x return for Edison, the first institutional investor in Billtrust. Additional financial terms of the sale were not disclosed.   Founded

Horizon Capital exits Ergopack to Sarantis

Horizon Capital has exited its full stake in Ergopack, a Ukrainian manufacturer of household goods, to Sarantis, a European strategic investor and publicly-listed consumer goods company. Since Horizon Capital’s investment, Ergopack’s revenue has grown more than 15 times in local currency terms, the Company has launched an additional production facility

Huron Capital’s Drake automotive platform completes fourth add-on acquisition

Lower-middle-market private equity firm Huron Capital’s aftermarket car accessories and restoration parts platform Drake Automotive Group has acquired Boulder, Colorado-based Proforged, a designer and distributor of chassis parts. The deal marks the fourth add-on acquisition for the Drake platform investment in less than two and a half years. Since 2016, Drake

Edge Investments backs video distribution platform Airbeem

Edge Investments (Edge) has invested in a significant minority shareholding in Over the Top (OTT) video distribution platform Airbeem. Airbeem’s multi-use Software as a Service (SaaS) platform enables content owners to publish and monetise their video content direct to consumers by creating immersive video experiences reaching audiences on all devices.

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