Managers
UgenTec, a medical technology company that has developed an AI-driven polymerase chain reaction (PCR) analysis and workflow software, has closed a USD9.3 million (EUR7.5 million) funding round.
UgenTec automates and standardises high-throughput molecular diagnostics, particularly PCR. PCR analysis is a widely-adopted method for analysing DNA. It has enabled molecular laboratories to test DNA samples for a wide field of applications including infectious disease and oncology.
The company’s software FastFinder reduces workload for lab technicians and improves the reliability of results by introducing reproducible artificial intelligence. PCR analysis is an intensive process that requires considerable time and manual input from
SK Capital, a private investment firm focused on the chemicals, specialty materials, and pharmaceuticals sectors, completed its previously announced acquisition of the Fire Safety and Oil Additives businesses of Israel Chemicals Ltd (ICL). The businesses have been renamed Perimeter Solutions (Perimeter) and will be headquartered in St Louis, Missouri.
Edward Goldberg, CEO of Perimeter, says: “We are excited to partner with SK Capital, a firm which uniquely understands our business and industry. We look forward to continuing our tradition of being a trusted and reliable partner to our customers and communities we serve, while further investing in Perimeter to accelerate
Pandion Mine Finance, an investment firm backed by MKS PAMP Group and Ospraie Management, that provides flexible financing solutions to developing mining companies, has closed its inaugural fund, Pandion Mine Finance Fund (PMFF) at USD175 million.
Pala Investments Limited committed capital to PMFF.
PMFF seeks to identify attractive investment opportunities with typical investment size ranging from USD10 million to USD40 million. To date, PMFF has committed nearly USD60 million to four junior mining companies: Lupaka Gold Inc; Gowest Gold Ltd; FMS Investimentos e Participações LTDA; and Firesteel Resources Inc.
Ryan Byrne and Joseph Archibald, Co-Founders of Pandion, says,
Midaxo, a Finnish developer of a cloud M&A platform, has closed a EUR12.9m funding round comprising EUR10.3m for the company and EUR2.6m for the existing shareholders – led by major growth investor Idinvest Partners, with the participation of the existing investors Tesi and EOC Capital.
This B round brings Midaxo’s total funding to EUR18.6 million and follows a period of sustained and rapid growth. In 2017, Midaxo more than doubled its revenue and expanded its customer base to hundreds of leading corporations, consultants, and private equity firms, including over 40 companies on the Fortune 1000 list, such as HP, Philips,
Moneysupermarket.com is to acquire BGF-backed Decision Tech following a period of acquisitive expansion and growth. As part of the deal, BGF, which has backed the company since 2012, will exit its minority equity investment.
Decision Tech is a market leading business in price comparison for home communications. In addition to operating broadbandchoices.co.uk, the company provides the technology, data and performance analytics powering telecoms comparison on major brands including Moneysavingexpert.com. These services help its business partners offer best customer experience and monetisation, without having to develop their own technology.
BGF’s GBP10 million of growth capital funding has been used by
Hasa, a portfolio company of middle market private equity firm Peak Rock Capital, has acquired Inter Valley Pool Supply (IVPS), a leading packager and distributor of water treatment chemicals.
Headquartered in Pomona, California, IVPS packages and distributes high-quality water treatment products and has operated as a licensed distributor of Hasa-manufactured liquids for more than 20 years. IVPS serves a wide array of municipal, industrial and pool & spa customers in the Southern California region.
Steve Martinez, President and Managing Director of Peak Rock Capital, says: “We are delighted that Hasa has acquired IVPS and we look forward to continuing
GCA Altium has acted as exclusive financial advisor to FTSE 100 chemicals firm Croda on the acquisition by its subsidiary Croda Europe of research and development company Plant Impact plc.
The transaction was announced initially in February and has now become effective by means of a scheme of arrangement between Plant Impact and shareholders.
Goole-based Croda Europe is a wholly-owned subsidiary of Croda, a GBP5.7 billion market capitalised company incorporated in 1925. Croda, which employs over 4,200 employees across 36 countries, produces and markets high-performance speciality chemicals and technologies for some of the world’s biggest and most successful consumer
Equistone Partners Europe has completed the management buyout of WHP Telecoms, a provider of professional services to the mobile telecoms infrastructure sector, from Palatine Private Equity.
WHP is the leading provider of end-to-end services for the planning, design, acquisition, deployment, upgrade and maintenance of mobile network masts, antennae and base stations for all major UK mobile operators. Employing over 440 people and headquartered in Warrington, the business operates nationally with sites in Leeds, Glasgow, Birmingham and Heathrow.
WHP has grown significantly since Palatine invested in 2015 with turnover increasing from GBP30m to almost GBP75 million forecast in the current
Century Bridge Capital’s Century Bridge China Real Estate Fund has successfully exited and repatriated the proceeds from its investment in Dalian, China.
The fund closed on its GBP24.5 million investment in the GBP87 million development in January 2015 in joint venture with regional developer, Dalian Guanxin Investment Corporation.
Located in Dalian in an established in-fill location in Dalian’s Economic Development and Technological Zone, at the core of the Jinzhou New District, the project benefited from being in one of the highest GDP districts in Liaoning province. The project is within a ten-minute walk of offices and industrial
Investors in the Assetz Capital platform are yet to be convinced by cryptocurrencies, with just 16 per cent seeing them as worthwhile investments.
The peer-to-peer lending platform canvassed the views of its investors in the Q1 Assetz Capital Investor Barometer. Some 43 per cent believe the entire market is on the brink of collapse, while 40 per cent feel cryptocurrencies are still too immature at present with significant risks attached. Only 14 per cent feel it is a worthwhile investment but only in moderation, with just 2 per cent thinking it is the future of investments.
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
