Deals
Avista Capital Partners (Avista), a private equity firm focused exclusively on healthcare, is to invest in eMolecules, a novel and fast-growing e-procurement platform for high-value chemicals and bioreagents used by pharmaceutical companies in drug discovery. Financial terms of the investment have not been disclosed.
Founded in 2005, eMolecules accelerates the drug discovery process by connecting pharmaceutical and biotechnology researchers with sophisticated reagents not offered by the usual commodity suppliers. The Company serves nearly 1,000 customers around the world, with more than 120 million SKUs that are sourced from more than 300 suppliers across 35 countries. eMolecules’ unique e-commerce platform makes
Fundraising for disruptive, low cost telecoms provider Boom has been oversubscribed by 45 per cent, reaching GBP3.2 million and surpassing its original goal of GBP2.2 million through Growthdeck, a private equity investment firm, providing tax-efficient investment opportunities in UK growth businesses to sophisticated and high net worth investors, with a minimum investment of GBP5,000.
Read the full story at Private Equity Wire…
International web hosting business, Miss Group, has acquired Finnish-based Seravo Oy as part of its global buy and build strategy.
Established in 2011, Seravo offers premium hosting services and upkeep for over 4,000 WordPress sites. Seravo has reported steady double-digit revenue growth over recent years, with revenues in the financial year to December 2020 of EUR1.5 million forecast to increase to EUR1.9 million in FY21.
This is the third acquisition that Miss Group has completed in the Finnish market following the acquisitions of MMD Networks earlier this month and Euronic in April 2020 and will support the Group’s continued
CAPSLOCK Education, a cyber-security education institute based in Manchester, has secured GBP540,000 in a pre-seed funding round from GC Angels, the Ufi VocTech Trust, Tynton Group, private angel investors and the UK government to reskill adults across the UK.
Founded in 2019 by Jonathan Slater, Lorna Armitage and Dr Andrea Cullen, CAPSLOCK’s intensive training bootcamp reskills adults into cyber-security professionals within six months. Designed in collaboration with industry leaders including Lloyds Banking Group, BT and Dell, it provides students with opportunities to solve cyber-security problems practically, equipping them with the skills necessary to pursue high-paying, competitive careers in cyber-security.
Anchin, Block & Anchin LLP (“Anchin”), an accounting and advisory firm based in New York City, has opened an office on Long Island, in Uniondale, New York.
Global software investor Hg is to acquire a controlling interest in Trackunit, a specialist in software-led telematics solutions for off-highway vehicles and the construction market, from Goldman Sachs and GRO Capital.
Søren Brogaard, CEO, Trackunit, says: “GRO Capital and Goldman Sachs have been exceptional partners during the last five years and helped us solidify our mission and execute against it. We are proud to have attracted investment from Hg, which comes at a tipping point for the digitalisation of construction. Hg’s understanding, experience and focus on scaling leading SaaS companies provides Trackunit with a knowledgeable partner to help consolidate and
Immersive communications platform PixelMax has secured GBP2million in a funding round led by Praetura Ventures, with participation from ACT Capital Partners.
Manchester-based PixelMax uses 3D interactive technology to revolutionise the way content is delivered to mass audiences. It enables businesses to create and host their own virtual worlds, and is changing the way organisations inform, educate and engage with their audiences through the use of digital twinning, product or process simulation, and virtual environments.
The business, which is led by co-founders Andy Sands, Shay O’Carroll and Rob Hilton, has already collaborated with an NHS Trust to create a simulation
Modern Times Group MTG (MTG) has acquired New Zealand-based tower defence mobile games developer and publisher Ninja Kiwi Ltd (Ninja Kiwi).
The acquisition of Ninja Kiwi marks an important additional step in the journey to reach further organic and acquisitive growth for MTG and is in line with the company’s overall strategy to further build a diversified gaming segment, and stronger GamingCo. The up-front consideration amounts to approximately SEK1,217 million (NZD203 million) and earn-out payments at an expected value of SEK406 million (NZD68 million) in aggregate, including cash and share components.
MTG has today entered into an agreement for the
UI-licious, a first-of-its-kind UI test automation solution, has announced a new round of Pre-Series A funding of USD1.5 million led by Monk’s Hill Ventures.
The funding will be used to expand its product development, and sales and marketing teams to expand its customer base of small to large enterprises.
Shi Ling Tai, CEO and Co-Founder of UI-licious, says: “Currently, 90 per cent of software teams worldwide rely on manual testing which is laborious, intensive, and costly. We created UI-licious because the software industry needs a UI test automation solution that is robust, scalable, and cost-effective – while being as simple
Jumio, a leading provider of AI-powered end-to-end identity verification and eKYC solutions, has secured a USD150 million investment from Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies.
This infusion represents the single largest funding round in the digital identity space and speaks to the global importance of establishing a user’s identity remotely to defend against fraud and financial crime, comply with KYC and AML regulations and boost online conversions.
The investment will accelerate Jumio’s significant global lead in the digital identity space by devoting additional resources to automate its identity verification solutions, expand the breadth
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
