TyresOnTheDrive.com, the online mobile tyre-fitting service, has secured a further GBP1.5m investment, led by MMC Ventures and supported by EV Group, to support its nationwide expansion.    This latest round of funding brings the total investment, including funding from the founders, to over GBP2.6m.   Tyres on the Drive, which

Summit Partners is to sell Actix Ltd, an independent software provider in mobile optimisation, to Amdocs for approximately USD120m in cash, subject to customary closing conditions.   Bill McHale, chief executive of Actix, says: “Summit Partners’ expertise in the mobile telecommunications and software sectors enabled Actix to develop the ActixOne

Actis, the pan-emerging markets private equity firm, has acquired 60 per cent of Atlantic Energias Renovaveis, a Brazilian renewable energy company, for an initial commitment of USD169m through a primary transaction.    Actis will be joining existing shareholders Pattac (24 per cent) and Servinoga (16 per cent), the co-founders of Atlantic

Boticca.com, a fashion accessories-only focused website, has closed a GBP2.5m series A financing from UK-based venture capital firm MMC Ventures and high net worth individuals in Europe, the Middle East and Asia.   The individual investors include Turkish entrepreneur Sina Afra, chief executive and chairman of Markafoni and former European

MidOcean Partners, a middle market private equity firm, is to sell Bushnell Group to ATK.   Bushnell specialises in branded sports optics, outdoor accessories and performance eyewear.   MidOcean acquired Bushnell in August 2007 and has helped to transform the business as it completed nine add-on acquisitions into complementary product

Newcastle Investment Corp has acquired Dow Jones Local Media Group from News Corp for USD87m.   The company made a total equity investment of USD54m, including transaction expenses, and financed the remainder of the purchase price with USD33m of debt.   Local Media Group operates 33 local publications, including eight

Tungsten is to acquire OB10, a business-to-business (B2B) e-invoicing network, for GBP99m.   Tungsten has also signed a five-year rolling licence agreement with @UK PLC to deploy its analytic software technology to enable TungstenAnalytics to be delivered across Tungsten’s global e-invoicing network following the acquisition of OB10.   Tungsten intends,

Delicpol, a Polish confectionery company, has acquired Cuprod, a Polish confectionery manufacturer, with the support of its shareholders AXA Private Equity and Resource Partners.   The transaction has been completed one year after AXA Private Equity and Resource Partners acquired the business, and forms part of the growth strategy for