Deals
InMotion Ventures, the venture capital business powered by Jaguar Land Rover, has partnered with global startup ecosystem Techstars.
InMotion will be working closely with the Techstars Mobility programme, based in Detroit. Launched in 2015, Techstars Mobility has to date invested in 22 mobility and transportation startups from all over the globe, collectively valued in excess of USD100 million.
InMotion will be supporting each Techstars Mobility class at every stage, contributing to the applicant shortlisting process, mentoring teams on the programme and making selected investments in graduating companies.
InMotion Managing Director Sebastian Peck, Head of Seed Programme James Nettleton
Investment of Foresight Group’s second institutionally-backed regional fund, the Foresight Regional Investment is ahead of schedule, having already deployed GBP15.5 million in five companies in its first twelve months.
The Fund was launched last year with support from investors including an anchor commitment from the Greater Manchester Pension Fund. So far in Manchester the Fund has backed golf equipment and clothing retailer Clubhouse Golf, facilities management provider Tudor Group and civil engineering and traffic management provider Utilities Design & Planning (“UDP”). These three companies have added 29 new staff since investment and seen revenue grow by 17 per cent and adjusted
Private investment firm Inverness Graham has acquired acquisition of GPSTrackIt, a provider of SaaS based asset-tracking and fleet management solutions across North America.
GPSTrackIt’s solutions deliver cost reductions, increased fleet efficiency, and equipment & asset protection. Inverness Graham teamed up with telematics and telecom market industry veteran, Keith Schneider, who joins as the company President and CEO. Founding owner, John Stull, retained a significant ownership position in the business and will remain on the Board of Directors.
“GPSTrackIt is a proprietary opportunity that was sourced through our proactive search efforts in the Internet of Things market. It is our 5th
Coinsilium Group Limited, an accelerator focused on early-stage blockchain technology companies, has completed a SGD100,000 (circa GBP56,100) in Indorse Pte Ltd through a convertible loan agreement.
Indorse is a Singapore-based company developing a blockchain-powered decentralised professional network. In addition, Coinsilium will receive an entitlement to an undisclosed number of Indorse digital tokens to be issued by Indorse in the next few months.
Indorse is a professional social networking platform co-founded by David Moskowitz and Gaurang Torvekar. Indorse’s co-founders have demonstrated their ability to successfully deploy blockchain technology and smart contract solutions for private companies and public institutions in Singapore,
Private equity-backed Cheetah Digital, a global enterprise cross-channel marketing solutions provider, has launched as an independent marketing technology company.
Formerly Experian Cross-Channel Marketing (CCM), the newly established Cheetah Digital says it is “committed to driving results for enterprise marketers at scale through an unrelenting focus on product innovation and expert services”.
In April 2017, Vector Capital, a leading technology-focused global private equity firm specialising in transformational investments, along with Peter McCormick, Co-Founder of ExactTarget (acquired by Salesforce.com), acquired xperian CCM. The transaction encompassed Experian’s suite of cross-channel and email marketing products, including the Experian Marketing Suite, CheetahMail and Mail Publisher,
Linnaeus Group, a specialist veterinary group for small animals, has joined forces with UK private equity buy and build specialist Sovereign Capital’s portfolio business Village Vet.
This investment further consolidates the Group’s position as a leading veterinary services provider and makes it the fourth largest operator in the UK.
The Linnaeus Group was established following Sovereign’s 2014 platform investment in Willows Veterinary Centre and Referral Service, one of the largest and most highly regarded small animal specialist veterinary centres in the UK. Since then the Group has made 11 acquisitions including North Downs Specialist Referrals, Avonvale, Calder Vets and
Noerr has advised censhare AG on an investment by DuMont media group. In a first step, DuMont will acquire a 36.5 per cent stake in the company’s share capital as part of a growth financing.
censhare AG was founded in 2001 and is one of the technologically leading providers of marketing cloud services. It has more than 180 customers in Europe and in the US, including Ikea, Deutsche Bank, Jaguar, McDonald‘s, Swiss Re, Deutsche Post, and Rewe. censhare develops marketing and communications solutions for its customers to correlate data and information without media discontinuities or process disruptions, enabling them to
Scout RFP has completed a Series B financing round of USD15.5 million bringing total investment in the company to USD27.25 million. The round was led by Menlo Ventures and includes investments from New Enterprise Associates (NEA). Matt Murphy, Managing Director at Menlo Ventures, will join Scout’s Board of Directors.
Scout has carved out a name for itself in the industry by delivering eSourcing solutions that allow enterprises to source faster and make a bigger business impact. Series B funding will help Scout expand engineering, extend its reach to serve global customer demands, and accelerate the innovation of its sourcing platform.
Engineering and construction company Graña y Montero has closed the sale of its stake in GMD, a subsidiary of the Group specialising in information technology and telecommunications, to private equity firm Advent International.
Advent is acquiring the Group’s majority ownership stake in GMD for USD84.7 million, with an initial payment of USD37.3 million and subsequent payments subject to milestones agreed between the parties. The agreed price is equivalent to 8.2 times GMD’s 2016 EBITDA.
The Group decided to divest GMD after a thorough analysis of the future business strategy, which will focus on the areas of engineering and construction,
Segulah IV Futurum Utvikling AS and minority shareholders have signed an agreement to sell 100 per cent of Øglænd Industrier to family-owned Hilti AG.
Øglænd Industrier develops, manufactures and sells multidiscipline support solutions, cable trays and cable ladders world-wide to the oil & gas, infrastructure, ship building, wind power, water treat- ment and clean room industries. These solutions deliver added value through reduced installation time, maximised volume utilisation, weight reductions, enhanced life-time integrity and improved safety performance. In 2016, the Company had sales of MNOK 1,483.
Øglænd was acquired in March 2014 by Segulah IV from the Norwegian families
Events
12 November, 2026 – 8:00 am
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