The Angel CoFund, a fund that invests in high-growth SMEs alongside UK angel groups, has realised its first investment through the sale of Nonlinear Dynamics, a Newcastle-based developer of software for analysing proteins, to Waters Inc. Waters is one of largest companies in the analytical instruments industry, listed on the
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
Wishabi has secured a USD15m series B financing round with Insight Venture Partners. The new capital will be used to accelerate the development and deployment of new technology and for continued rapid growth in the US market. Retailers today spend an estimated USD18bn to print and distribute advertising flyers, also
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
Fortum and Metsähallitus are to sell the Kuolavaara-Keulakkopää and Joukhaisselkä pre-construction stage wind power projects in Lapland to Impax New Energy Investors II. Fortum’s share of the projects is 51 per cent and Metsähallitus’s 49 per cent. The Kuolavaara-Keulakkopää project is located in the Kittilä and Sodankylä
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,
12 November, 2026 – 5:00 pm
12 November, 2026 – 8:00 am
12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
