OMERS Private Equity – the private equity arm of OMERS, one of Canada’s largest pension funds – has signed a definitive agreement to acquire Lifeways from August Equity for an undisclosed sum, backing Paul Marriner, CEO in a secondary Management buy-out. Lifeways is the UK’s market leading provider of supported

ProTip SA, a Strasbourg (France)based emerging medical device company, announces today a USD4.7million (EUR3.8m) Series C financing round. The round was led by new VC investor Seventure, along with existing investors including Fonds Lorrain des Matériaux (FLM), the Berchet familyoffice, Alsace Amorçage and other private investors. ProTip will use the

Silicon Valley Bank, financial partner to the technology, life science, cleantech, private equity and venture capital industries, has opened a full service commercial banking branch in London to serve both local and international businesses. The first US  bank to open a commercial banking branch in the UK in several years,

A new bank, Cambridge & Counties Bank, targeting established small to medium sized enterprises (SMEs), has launched in the UK.  The bank will provide SMEs with loans secured against commercial property as well as a highly competitive deposit account. In addition to this, it will also offer secured pension scheme lending,

Funds advised by Apax Partners (Apax) and JMI Equity are to acquire Paradigm Ltd (‘Paradigm’), the largest independent software vendor focused on the growing oil and gas exploration & production (E&P) space, for approximately USD1 billion in an all-cash transaction. Paradigm is a multi-national company with a significant presence across

The management team behind Find Invest Grow (FIG), a venture capital firm targeting the student and recent graduate market, has launched the asset management company New Model Venture Capital (NMVC).  NMVC’s first fund, the FIG Concept Seed Fund (the Fund), will provide access to FIG’s current portfolio of start-up investments

Montagu Private Equity (Montagu) has sold medical supplies manufacturer BSN medical (BSN) to EQT VI (EQT) for an enterprise value of around EUR1.8 billion. The transaction is subject to statutory regulatory clearances.   BSN, with close to EUR700 million in sales and approximately 4,000 employees, is one of the world’s

A holding company owned by the Permira funds is to acquire Intelligrated (www.intelligrated.com), a North American-based provider of automated material handling solutions, services and products, in a transaction at a valuation in excess of USD500 million. Intelligrated’s management, led by founders Chris Cole and Jim McCarthy, will maintain a significant