Allocations
Carey Olsen, together with Northern Trust, have supported venture capital firm Pureos Bioventures on the successful launch and final close of its first fund, BB Pureos Bioventures LP (Pureos), with commitments of USD205 million.
Pureos, which exceeded its initial fundraising target after securing support from pharmaceutical and biotech companies, family offices, pension funds, fund-of-funds, a large contract manufacturer and other institutional investors, will invest globally but have a primary focus on Switzerland and Europe. It will invest in innovative private drug development companies with an emphasis on novel biological drugs and emerging modalities such as nucleic acid, cell and
TA Associates, a leading global growth private equity firm, has completed a majority investment in InCorp Global, a leading corporate services provider in Asia.
Abingworth, an international life sciences investment group, has held the final closing of its new Clinical Co-Development Fund at USD582 million.
The EQT Mid Market fund (EQT Private Equity) has agreed to sell StormGeo Holding AS (StormGeo) to Alfa Laval AB (Alfa Laval), a specialist in heat transfer, centrifugal separation and fluid handling. The transaction price amounts to NOK3,630 million.
StormGeo was founded in 1997 in Bergen, Norway, as a spin-off from Norway’s largest commercial broadcaster, TV2. Through its scalable software solutions, StormGeo provides weather-centric services to more than 2,200 customers globally in a variety of industries, including shipping, energy and onshore industries such as healthcare, hospitality, insurance and retail.
With extreme weather being the number one cause of business disruptions
By David Holden-White, co-founder & managing director of techspert.io – Investors have long sought data from primary research to get an edge in their decision-making. Whether gathered through surveys, focus groups, panels or qualitative interviews, insights from individuals with lived experience of the relevant problems, markets, technologies and services, are hugely valuable. They offer a way of uncovering the intangibles, those moments that can’t be quantified solely on data. They augment and extend an investor’s own knowledge and experiences.
They also provide companies with a real competitive advantage. Most investors will have access to the same pool of data, whether
Growth Catalyst Partners-backed The Equine Network (Equine Network), a tech-enabled membership services platform to the USD130 billion US equine industry, has completed the acquisitions of two subscription video on demand (SVOD) companies, Roping.com and EventingTraining.com, along with other key domains to be developed. Terms of the transactions have not disclosed.
Roping.com and EventingTraining.com are VOD training platforms in the equestrian disciplines of team roping and eventing respectively, featuring databases of instructional videos from elite trainers and competitors, along with mobile apps, member-only communities, and access to feedback from world champion coaches.
Roping.com and EventingTraining.com, along with other domains still
Sila Heating and Air (Sila), a port folio company of private equity firm Dubin Clark, has completed two acquisitions: NETR Inc (NETR) and John S Parker Home Service (JSP). Financial terms of the transactions have not been disclosed.
Sila Heating and Air is a leading provider of HVAC replacement, service, maintenance, plumbing solutions, and water treatment to a diversified base of residential customers. Sila services homeowners in the greater Philadelphia, Boston, DC, NY/NJ/CT tri-state area and Hudson Valley. The company was founded in 1989 and is headquartered in King of Prussia, Pennsylvania. The NETR and JSP acquisitions are the fifth
A new report from technology-focused investment bank ICON Corporate Finance, has revealed record-breaking tech deal activity in the first quarter of 2021, up 28 per cent on Q1 2020, with 268 deals announced.
Evidencing resilience within the sector and a huge appetite for Vertical and Enterprise Software organisations, ICON believes M&A activity is yet to see its peak, and could easily surpass the UK total of 711 tech M&A deals completed last year.
Digital transformation, fast-tracked by lockdowns across the world, has created a plethora of new digital solution providers that are grabbing the attention of overseas PE backed
Funds advised by Equistone Partners Europe (Equistone) have acquired a majority stake in TIMETOACT GROUP, an IT consultancy and services provider for medium-sized businesses, large corporations and public sector institutions, based in Cologne, Germany.
With Equistone, TIMETOACT GROUP shareholders Felix Binsack and Hermann Ballé have brought a partner on board who will continue to support TIMETOACT GROUP’s already successful buy-&-build strategy with both know-how and capital. The two will continue to lead the company as managing directors and retain a significant stake, while Frank Fuchs will join the management team as CFO. The financial terms of the transaction are undisclosed
VAST Data, the storage software company breaking decades-old tradeoffs, has secured USD83 million in a Series D funding, led by Tiger Global Management, at a post-money valuation of USD3.7 billion – a tripling of the company’s valuation since April 2020.
Read the full story at Hedgeweek…
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
