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Deals

AI firm Signal Media raises USD15m

Signal Media, an AI-powered reputation management and decision support platform, has raised USD16 million (GBP12 million) in a Series B round led and priced by GMG Ventures LP, the independent VC fund whose limited partner is The Scott Trust, owner of The Guardian news organisation. MMC Ventures was the largest

Omnes and Ilmatar Windpower launch Nordic JV

Omnes Capital and Ilmatar Windpower have launched a joint wind platform Ilmatar Energy which will target further acquisitions of Finnish and other Nordic development stage and construction ready assets. In the next five years Ilmatar Energy aims to construct and operate up to 1000 MW of wind power and has

Paragon Group acquires St Ives Managed Service division

Paragon Group, a provider of Customer Communications, Identification and Graphics services, has acquired SIMS, the managed services division of St Ives plc. Following this acquisition, Paragon Group revenues will exceed EUR700 million during the next financial year. SIMS will become part of Paragon Customer Communications’ business in the UK.  

PraxisIFM acquires Nerine

PraxisIFM has acquired Nerine, a provider of private client and corporate administration services to an international client base. This is Channel Islands-based PraxisIFM’s fourth acquisition in a two year period during which it has grown from employing 300 staff in the summer of 2017 to 520.   Nerine Trust was established

SALU Capital acquires Augur Capital private equity investment fund AFO-2

SALU Capital (SALU), together with its partners Apex Group, Genstar Capital, and Inlife Holding, has purchased at least 95 per cent of the shares of Augur Financial Opportunities 2 SICAV (AFO-2). The Luxembourg investment vehicle, which is managed by German Augur Capital and includes the fund’s portfolio companies, German life

New litigation funding firm launches

A veteran of litigation finance has launched a well-capitalised company with a commitment to elevate fairness and client objectives in financing commercial and business legal disputes. Ralph Sutton, formerly chief investment officer of Bentham IMF, has formed Validity Finance to provide businesses, law firms and individuals with non-recourse funding for

Montagu Private Equity to acquire Wireless Logic from CVC Growth Fund

Montagu Private Equity (Montagu) is to acquire Wireless Logic Group (Wireless Logic), a smart connectivity platform provider, from CVC Capital Partner’s Growth Fund. The Wireless Logic sale represents the first exit for CVC’s Growth Fund. Terms of the transaction have not been disclosed. Wireless Logic was established in the UK

Magnitude Software acquires SAP business analytics specialist Every Angle

Magnitude Software, a specialist in delivering unified application data management to global organisations across industries, has acquired Every Angle Software Solutions, a specialist in SAP-powered business analytics. Every Angle’s self-service solution works on any SAP system (ECC and HANA) and hides the complexity of SAP’s data structure, allowing end users

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