Deals
Klar, a leading digital financial services platform providing a transparent, free and secure alternative to traditional debit and credit services in Mexico, has closed its Series B funding round, subject to applicable regulatory approvals, including clearance of the Mexican Banking and Securities Commission (CNBV) and the Mexican Economic Competition Commission (COFECE).
General Atlantic, a leading global growth equity firm, led the round with participation from existing investors Prosus Ventures, Quona Capital, Mouro Capital, International Finance Corporation and WTI. The funding will be used to strengthen Klar’s efforts to broaden access to consumer credit as Mexico’s transition to a digital economy
The number of first-time funding rounds into UK seed-stage startups declined for a second consecutive year in 2020, to 36 per cent below the 2018 peak for such deals, according to new research commissioned by SFC Capital.
The data also points to reductions both to the amount of money available for first-time rounds and the number of funds equipped to make such investments. SFC Capital is therefore calling for urgent action to reinvigorate seed-stage investment and secure the future of the next generation of companies that will drive the UK Government’s “levelling up” and “science superpower” economic agendas.
There
Calculus Capital (Calculus) and Foresight Group (Foresight), have sold Mologic Limited (Mologic), a specialist in lateral flow and rapid diagnostic technologies, and founder of Global Access Diagnostics.
Mologic’s co-founder and Chief Scientific Officer, Paul Davis, was the originator of the Clearblue pregnancy test, the world’s first commercial application of lateral flow technology.
Mologic was sold to Global Access Health, a not-for-profit company financed by the Soros Economic Development Fund (SEDF), the impact investing arm of the Open Society Foundations, and a group of other philanthropic organisations and investors. SEDF and their consortia members will be strong strategic partners for Mologic,
Accident repair group AD Williams has secured a multi-million-pound investment from BGF, with the funding set to be used for the partial realisation of shareholder value and to facilitate the long-term growth of the group.
Founded in 2013 by CEO Stuart Bacchus, AD Williams is an owner-managed business with 14 sites in the Southeast of England, making it the sixth largest body shop repair provider in the UK. The business currently employs 250 people across its network.
The business’s core focus is repairing cars that have been in accidents, with over 18,000 cars being fixed in 2020 alone. In
DCVC and Temasek have led a USD430 million Series D funding into Pivot Bio, a nitrogen innovator in agriculture, bringing its total equity raised to more than USD600 million.
The capital will drive the company’s release of products focused on replacing the USD60 billion of synthetic nitrogen fertilizer sold each year to sustain corn, wheat, and rice.
Pivot Bio’s next stage of growth will focus on scaling its US business and expanding internationally. “Pivot Bio exemplifies the power of DeepTech solutions to create equitable and profitable outcomes for all stakeholders in immense industries like agriculture,” said Matt Ocko, co-managing partner
Mid-market European private equity firm Equistone Partners Europe (Equistone) has entered into an exclusive agreement with Orfite to acquire its majority stake in the GSCM Group (Groupe Solfab Constructions Modulaires), a modular construction specialist.
Through this transaction, Equistone will hold a majority stake in GSCM, alongside the management team and BNP Paribas Développement, who also reinvested in this funding round. Fuelled by strong organic growth and strengthened by three successful acquisitions between 2015 and 2019 (Decortes, Bodard and CNSE), GSCM continues to consolidate its position as an established player within the French modular construction market.
GSCM’s services include designing,
PSG, a growth equity firm that focuses on partnering with middle-market software and technology-enabled services companies, has invested in Visualfabriq, an international provider of AI-enhanced revenue growth management software.
Visualfabriq’s Software-as-a-Service (SaaS) platform supports global consumer packaged goods (CPG) manufacturers in managing and optimising their promotions and demand planning. Developed by experienced CPG industry professionals, Visualfabriq’s solutions are designed to improve revenue growth management for the world’s leading CPG brands by integrating big data, AI and intuitive workflows.
Visualfabriq was founded in 2013 and over the past eight years has grown to approximately 100 employees across the company’s headquarters
Click&Boat, a leading boat rental platform in Europe, has secured significant investment from funds advised by Permira, a global private equity firm, alongside Boats Group.
Founded in 2014 and headquartered in France, Click&Boat’s unique, technology-enabled platform matches boating enthusiasts with over 40,000 boats in more than 600 destinations globally, enabling them to rent a boat easily and efficiently. The company has experienced significant growth over the last seven years to establish a clear, well-renowned brand and leadership position in the pan-European market. Click&Boat boasts one of the largest supply of boats in Europe as well as the highest demand for
Partners Group is to acquire an equity stake in EOLO, the largest fixed wireless access (FWA) broadband provider in Italy.
Partners Group will acquire its stake in EOLO from Searchlight Capital Partners and a vehicle controlled by Luca Spada, EOLO’s Founder and Chief Executive Officer, in a transaction that values the Company at an enterprise value of over EUR1.2 billion. The remaining 25 per cent of equity will continue to be owned by the vehicle controlled by Luca Spada.
EOLO owns and operates more than 3,400 Base Transceiver Stations, which transmit fixed wireless internet between its network and end users,
Global private markets firm Partners Group has, on behalf of its clients, agreed to acquire Pharmathen, a European pharmaceutical company, from international investment firm BC Partners.
The transaction values the Company at an enterprise value of around EUR1.6 billion.
Founded in 1969, Pharmathen is a contract development and manufacturing organisation (CDMO) specialised in advanced drug delivery technologies for complex generic pharmaceutical products. With best-in-class Research & Development (R&D) capabilities, the Company is a specialist in the development of “sustained release” technologies that improve patient compliance, such as long-acting injectables, slow-releasing oral medicines and ophthalmics. Pharmathen’s differentiated B2B model attracts a
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
