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Intelligence

Sportslobster secures GBP2m VC funding from Daman Investments

Sportlobster, a sports app that brings fans together, has secured GBP2 million in venture capital funding from UAE-based investment company, Daman Investments. “Sportlobster is in strong growth mode at the moment and this is certainly a reflection of our investment into – and focus on – the product, particularly this

Former Chief of Investment at IMF joins CBO Investment Management

CBO Investment Management (CBO IM), the Nigeria based investment management firm focused on African private equity, has appointed Gary Steinberg as the Head of its Advisory board and a member of the Investment Committee.  Steinberg joins CBO with immediate effect as he retires from his role as Chief of the

JTC Adrian Moorshead_0

Moorshead to head JTC’s Guernsey office

The Guernsey office of JTC, a provider of institutional client and private client services, will now be led by Adam Moorshead (pictured). As well as being the Managing Director of the Guernsey office, A Moorshead dam who joined JTC in 2015 following the acquisition of Kleinwort Benson’s fund administration business,

Aurelius acquires Colt’s managed cloud business

Aurelius Group has acquired Colt Managed Cloud (CMC), the managed cloud business of Colt Group SA (Colt), which will now be integrated with another Aurelius portfolio company ICT services provider Getronics Group. In addition a long-term strategic business partnership has been agreed between Getronics and Colt which will allow Getronics

Ultroid Technologies retains Armor Capital Management in M&A Advisory role

Ultroid Technologies has retained Armor Capital Management to provide M&A advisory services on all aspects of acquisitions, sales/divestitures, private equity transactions and finance raising, as Ultroid looks to expand its operations in the US and global markets. The company’s flagship product is the Ultroid Hemorrhoid Management System, a non-invasive, low cost

China Flag

Nippon Capital Asset Management to open China office

Osaka-based asset manager, Nippon Capital Asset Management J-LLC is moving onto the  international stage with the opening of a new office in China. Nippon Capital provides customised portfolio management services covering equities, fixed income, hedge funds and private equity.   The news comes just days after China’s securities regulator moved

Inflexion plans carve-out of GfK’s animal and crop health business

Inflexion Private Equity is to carve out GfK’s animal and crop health business, a provider of agricultural data and market information, from the Frankfurt-listed global market research organisation. GfK’s animal and crop health business delivers innovative, data driven market information to the agriculture and animal health markets, providing detailed insights

Fossil Group to acquire wearable tech co Misfit

Fossil Group is to acquire Misfit, a specialist in wearable technology and connected devices. The acquisition will enable Fossil Group to expand its addressable market, offering consumers both traditional timepieces and fashionable connected accessories. Misfit brings to Fossil Group a scalable cloud and app platform, a world-class software and hardware

Avedon Capital Partners sells GRW Bearing to Kamen Corp

Avedon has sold German high precision miniature ball bearing company GRW Bearing (GRW) to US-based Kaman Corporation (NYSE:KAMN), with the deal expected to close by the end of November. GRW specialises in the design and manufacturing of custom engineered high precision miniature ball bearing solutions. GRW has a comprehensive product

White Star Capital closes first institutional fund

White Star Capital, a transatlantic Venture Capital fund with offices in London, New York and Montreal, has closed its first institutional fund with USD70 million in Limited Partner commitments. White Star Capital will deploy between USD500,000 and USD5 million in initial investments into companies in North America and Western Europe. 

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