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Deals

Biosynth Carbosynth acquires KKR’s Pepscan

Biosynth Carbosynth (Biosynth), a supplier of critical products and services to the life sciences industry, has acquired Pepscan, an expert provider of peptide-based products & services and portfolio company of the KKR Health Care Growth fund. Biosynth’s ability to deliver chemical manufacturing services “from the first idea to the finished

Juvisé Pharmaceuticals completes €400m refinancing after acquiring Pylera rights

French speciality pharmaceutical company, Juvisé Pharmaceuticals has completed a transaction with AbbVie, regarding the acquisition of the worldwide commercial rights of Pylera. Financial details of the transaction have not been disclosed.   A €400 million financing was raised with Société Générale, Juvisé Pharmaceuticals historic and lead bank, supporting the funding

Smart-EV startup WAU raises £650,000 in round led by Angel Investment Network

Birmingham-based smart-EV and energy storage startup WAU (We Are Universal) has raised £650,000 in a pre-seed funding round with Angel Investment Network, the world’s largest online angel investment platform. WAU, launched in 2018, is a fast-growing smart-EV vehicle platform transforming urban mobility. The product offering includes: WAU Bikes, a smart,

SailPoint shareholders approve acquisition by Thoma Bravo

Shareholders in SailPoint Technologies Holdings (SailPoint), a specialist in enterprise identity security, have voted to approve the company’s pending acquisition by software investment firm Thoma Bravo. The final voting results on the proposals voted on at the special meeting will be set forth in a Form 8-K filed by SailPoint

Konsileo secures £4.7m in Series A funding

Konsileo, a commercial insurance broker and risk management adviser, has completed a £4.7 million Series A funding round led by Growth Tech VC Committed Capital, which first invested in Konsileo in 2018, and which provided £3.23 million of the current funding round.

KKR pulls plug on £15bn bid for UK Power Networks

A £15 billion ($18 billion) takeover approach for UK Power Networks led by KKR & Co has collapsed after one of the firm’s joint owners attempted to hike the sale price, according to a report by The Financial Times.

Melior Equity Partners invests in Rose Confectionery

Irish private equity firm, Melior Equity Partners, is to invest in Rose Confectionery, a manufacturer and distributor of confectionery, freeze pops and savoury snacks, headquartered in Ireland with operations in the UK. Established in 1983, Rose employs 87 staff, with 33 in its manufacturing facility in Edenderry, Co Offaly, 27

Archangels leads £1.5m investment in PhysioMedics

PhysioMedics is poised to scale its commercial operations after securing growth capital from investors led by angel syndicate Archangels. The investment follows the appointment last year of experienced CEO, Charles Sweeney, to lead the company through the next stage of its growth.   Edinburgh-based PhysioMedics secured equity and grant funding

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