Allocations
qodeo, a company that monitors the global venture ecosystem, and is rolling out the first global service that automatically matches best fit investors with entrepreneurs, has announced a crowdfunding campaign on crowdfunding platform Seedrs.
Qodeo is raising funds to roll out its next generation global venture matching service, which aims to revolutionise the global funding landscape.
Qodeo has already raised half of its total funding target for this round of GBP500,000, from follow on investments by many of its 23 existing angel investors, plus new investors, including Christopher Clement Davies, formerly Director at S G Warburg and partner at
When given a choice between USD1,000 worth of Bitcoin and USD1,000 worth of a traditional financial asset, 27 per cent of millennials chose Bitcoin over an equivalent amount of stocks, 30 per cent chose Bitcoin over government bonds, 22 per cent chose Bitcoin over real estate, and 19 per cent chose Bitcoin over gold.
That’s according to a survey by venture capital firm Blockchain Capital which suggests that as Bitcoin adoption grows and millennials consider purchasing decisions, financial institutions may be wise to offer these assets and services in order to attract and retain millennial customers.
The survey, which
Last year, Ardian, the French independent private equity firm, joined forces with Seven Mile Capital Partners to launch a North American direct buyout business focusing primarily on US industrials. The business unit, overseen by Vincent Fandozzi, Head of Ardian North America Direct Buyouts, includes the whole Seven Mile Capital Partners team, retained in full, and adds to Ardian’s buyout arsenal by focusing specifically on investment opportunities in the lower middle market.
At a time when valuations are getting toppy and capital continues to flow into the private equity space – according to Pitchbook PE firms across North America & Europe attracted
Unigestion has made an investment in cyber insurance company Ascent Underwriting, the company’s third direct private equity investment this year – and the sixth in total – from Unigestion’s Direct Opportunities 2015 (UDO 2015) fund.
Ascent is a cyber insurance and specialty focused Managing General Agent in the Lloyds of London market. Unigestion made the investment alongside Preservation Capital Partners, the financial services focused private equity firm with a broad network and extensive experience in the insurance sector. The investment, which is subject to regulatory approval, will allow Ascent to further strengthen its presence in the fast growing cyber insurance
OTCX, an over-the-counter derivatives platform, has secured backing from the Angel CoFund as part of its latest funding round.
The Angel CoFund is a GBP100 million investment fund, supported by the British Business Bank, with objectives to back promising UK businesses and help develop the important business angel investment market.
In a market in which over 50 per cent of OTC derivatives are traded via chat, email or voice technology, OTCX provides new solutions that help structure price discovery, negotiation and affirmation communication between counterparties. The investment by the Angel CoFund is further validation of OTCX’s technology and progress in bringing an antiquated OTC derivatives community into the
Nautic Partners has sold portfolio company IPS Corporation to funds affiliated with Sherman Capital Holdings through Sherman Capital’s existing portfolio company Encaspsys, for USD 700 million.
The two companies will operate together as Cypress Performance Group (CPG), offering a portfolio of advanced materials and diversified products with leading brand positions in niche, value-added verticals. Nautic originally acquired IPS in February 2015.
IPS is a global manufacturer of specialised, highly engineered industrial products serving diverse industrial, commercial, and residential end markets. Selling through the professional trade channel, IPS is a market leader in multiple product categories including solvent cements, structural
Legal & General’s Venture Capital and SME investment programme, which also includes its “SE-Assist” product for social enterprises, has now made investments in over 100 UK-based companies, and is on track to double that number during 2018.
Early-stage companies which have benefited from Legal & General’s VC funding now have a combined Enterprise Value of over GBP10 billion. Prime areas of focus have included technology, analytics, life sciences and digital healthcare, with a particular emphasis on investments in companies located outside London.
Legal & General’s VC investment programme is conducted alongside seven partner-managers. These include OSI (Oxford Sciences Innovation), CIC
Cairngorm Capital Partners (Cairngorm Capital) has acquired Thornbridge Sawmills Limited (Thornbridge), a leading Scottish timber processing and distribution company.
Thornbridge sources certified timber and sheet materials from sustainable producers both domestically and overseas. It has a combined sawmill and distribution hub in Grangemouth, as well as eight regional branch outlets across Scotland serving builders, joiners and construction companies. Thornbridge has revenues of £35 million and employs 159 staff, many of them very long-serving.
This is Cairngorm Capital’s ninth proprietary transaction since July 2016 and is the first investment for its second fund Cairngorm Capital II, which closed in April
irth Solutions, a provider of field service management solutions to the utility, energy and telecoms industries, has acquired Bytronics, a provider of software solutions to the energy, utility, municipality and contract locator industries and the maker of DigTrack One Call ticket management software.
Financial terms of the transaction have not been disclosed.
The acquisition of Bytronics brings together two market leaders, creating a unified leader in mobile workforce management for the energy and utility marketplace. irth will support all Bytronics’ solutions and their customers will now have access to the resources and expertise of the irth Solutions team. Bytronics
Kirkland & Ellis is advising Oakley Capital Private Equity III on the acquisition of Career Partner Group from its shareholder Apollo Education Group Inc.
The current management team of Career Partner is investing alongside Oakley in the transaction. The transaction is funded by a unitranche debt facility from BlueBay and equity investment from Oakley. Completion is subject to approval by the Federal Cartel Office, and is anticipated to be no later than 31 December, 2017.
Oakley Capital is a mid-market private equity investor with currently over EUR1.5 billion under management, investing primarily in Western Europe. Career Partner Group is a
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
