PE Tech Report

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Healthcare building blocks

Warburg Pincus invests USD110m in Aetion

By Purva Aggarwal – Warburg Pincus has invested USD110 million into a Series C round for New York-based healthcare tech company Aetion. This round is the latest in a string of similar investments within the health tech space for Warburg Pincus. The global growth equity PE group has poured in

Investment returns

EQT Ventures leads USD40million Airkit investment round

Multi-stage VC fund EQT Ventures has led a USD40 million Series B funding round into Airkit, a low-code digital customer experience platform, on the back of the company’s recent USD28 million Series A announcement.

NPIF – Mercia Equity Finance invests GBP1.4m in medtech startup

A medtech start-up whose sensor technology could improve outcomes for patients having knee replacement operations has raised GBP1.4 million to bring its device to market. Eventum Orthopaedics has secured funding from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund,

Aeroplane on stand

Fly Now Pay Later secures GBP10m in Series A funding

By Purva Aggarwal – Aiming to defy the current downturn in the travel industry, a UK fintech company looking to offer consumers a more flexible way to finance travel post Covid-19 has raised GBP10 million in Series A funding, bringing its total received in investments to GBP45 million. Asset management

Par Equity increases stake in tech firm, Datactics

Par Equity has led an investment of GBP2 million in data management specialist Datactics. Belfast-based Datactics provides software and services to large organisations that need to improve and control the quality of the data held in their computer systems. The AI-enabled platform allows staff who are not IT experts to

AMP Capital makes first infrastructure debt investment in India with Sadbhav Infrastructure

Global investment manager AMP Capital has committed to co-finance up to USD73 million in Non-Convertible Debentures for listed road infrastructure company Sadbhav Infrastructure Project Limited (Sadbhav Infrastructure) on a private placement basis. The long-term funding provided by AMP Capital will assist Sadbhav Infrastructure to fund the completion of an existing

One Equity Partners to acquire AMECO

One Equity Partners (OEP), a middle market private equity firm, has agreed to acquire the North American operations of AMECO, a full-service provider of construction equipment, scaffolding, small tools management and total site solutions, from Fluor Corporation for USD73 million.  Headquartered in Greenville, SC, AMECO provides construction projects with full

Lyre’s hits GBP100m valuation milestone

Independent non-alcoholic spirits brand Lyre’s, has completed a seed-plus funding round valuing the business at over GBP100 million.  This milestone has been achieved in under 24 months of trading, during which time Lyre’s has become the most widely distributed non-alcoholic spirits brand – now available in 43 countries – generating

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