FORWARD FEATURES CALENDAR

Deals

HVD Partners sells Solifos to NBG

HVD Partners is to sell Solifos to NBG GmbH. Carved out of Brugg Cables in 2018 and based in Windisch, Switzerland, Solifos is the leading supplier of high performance, specialty fiber optic cables for distributed sensing and mission-critical defence applications.Solifos supplies essential components for remote and distributed sensing systems monitoring

Cleo raises USD44m in Series B round led by EQT Ventures

Cleo, a financial assistant designed for Gen-Z, has raised USD44 million in a Series B funding round led by EQT Ventures with participation from existing investors Balderton Capital, LocalGlobe and SBI. They join an existing roster of world class angel investors including Taavet Hinrikus, Matt Robinson, Errol Damelin, Niklas Zennstrom, Alex

Smart addressing startup OkHi partners with Interswitch Group

Smart addressing startup, OkHi is launching in Africa’s largest market, Nigeria, with its strategic partner, Interswitch Group. The Nairobi based company tackles a problem that costs Nigerian businesses an estimated USD2 billion a year – the lack of postal addressing infrastructure. The announcement stems from a new investment round that will

Pamlico Capital partners with information services executive Kurt Reisenberg

Pamlico Capital (Pamlico) has teamed with Kurt Reisenberg to form Datos Acquisitions, a new platform to invest in information services companies, with a focus on long-term equity value creation. Pamlico has committed up to USD150 million of equity to help Datos Acquisitions pursue investments in companies that provide data, insights and

Consumer sector M&A deal value declines by 50 per cent YoY to USD138bn

The number and value of merger and acquisition (M&A) deals announced in the consumer sector since the start of the year has declined significantly, according to research by Stock Apps.The number of M&A deals in the global consumer sector dropped from 2,922 to 2,244 in the first nine months of

Orbex secures USD24m funding for UK space launch

Orbex, a European space launch company, has secured USD24 million in a funding round led by BGF and Octopus Ventures, one of the largest VCs in Europe.BGF and Octopus Ventures have joined existing investors High-Tech Gründerfonds, Heartcore Capital and Elecnor SA – parent company of the multi-national space firm Deimos

Polaris divests Molslinjen to EQT Infrastructure

Polaris Private Equity is to divest Danish ferry operator Molslinjen A/S to EQT Infrastructure. Molslinjen has developed strongly under Polaris’ ownership since 2015 and expanded the business on the back of significant investments.Since 2015, Molslinjen has expanded from two to nine ferry routes and increased the fleet from three to

Round2 Capital makes Avallain investment

Round2 Capital, an Austrian investment fund for growth financing, has invested a seven-figure sum in the Swiss EdTech scale-up Avallain.  Round2 Capital is among Europe’s premier revenue-based financing ventures. This innovative approach to financing, which focuses on growth-stage companies, is easier to obtain than bank loans and offers more favourable conditions

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