Managers
Early-stage investor Rainbow Seed Fund today announces that Oxfordshire-based Cobalt Light Systems, a provider of highly differentiated Raman spectroscopic instruments, has been acquired by Agilent Technologies Inc.
Cobalt Light Systems, a spin-out from the UK’s Science and Technology Facilities Council (STFC) Rutherford Appleton Laboratory which was funded from the earliest stages by Rainbow Seed Fund, produces innovative products for non-invasive, through-barrier chemical analysis, for applications in airport security, hazardous chemical ID and pharmaceutical QC, using a technologically advanced Raman spectroscopy technique.
Cobalt Light Systems’s CEO Paul Loeffen will remain with Agilent as the Director of Raman Spectroscopy. The former Cobalt
Funds managed by Alpina Partners have acquired the quality management software division from ASI DataMyte.
In the course of the carve-out of the American parent company, technology investment firm Alpina Partners (“Alpina”) acquired the quality management software division from ASI DataMyte. The existing management team around the managing director Sven Tetzlaff will remain with the company. The international software company will operate under the name QDA Solutions in the future.
Since its foundation in 1987, ASI DataMyte has developed into one of the leading providers of software Solutions in the area of CAQ (Computer Aided Quality Assurance). With
Innovation Network Corporation of Japan (INCJ) and Fortune Venture Capital (one of the funds collectively known as UMC Capital) in Taiwan have jointly invested JPY800 million in CerebrEX through a third-party allocation of shares, to develop the technology and business needed for the next-generation semiconductor products.
CerebrEX is a fab-less semiconductor startup founded in 2012 which designs, develops, manufactures and sells IP blocks and display controllers for high-definition and power-hungry mid-sized flat panel displays. With the trend towards higher definition and lower power, there is simultaneously strong demand for higher functionality and narrow bezels in panel displays.
Rapid growth
Maru Group, a technology-enabled market and customer insights group, has acquired Customer Experience technology company SynGro for an undisclosed sum.
Following the acquisition, SynGro will be rebranded to Maru/SynGro and its management team will remain with the Company to oversee its development and integration into the Group’s technology platform.
SynGro is a provider of next generation Customer Experience reporting software. Established in 2004 and headquartered in Livingston, the Company serves a core customer base of blue chip corporates across a variety of sectors including industrial, telecoms & business services. In 2014, the Company developed an internationally recognised customer intelligence
Pamlico Capital has made a substantial investment in Becker’s Healthcare. Founder Scott Becker, along with President and CEO Jessica Cole, will maintain significant ownership in Becker’s and Cole will continue to lead the Company.
Headquartered in Chicago, Becker’s is an information and media platform that has established a thought leadership position in the “business of healthcare.” Becker’s serves more than 600 customers under four core brands targeting specific healthcare verticals – Hospitals, Ambulatory Surgery Centers, Spine/Orthopedics, and Infection Control & Clinical Quality. Within the core verticals, Becker’s has five industry conferences, eleven digital properties, and four magazines to engage healthcare
Partech Ventures has held the final closing of its seventh venture fund at its hard cap of EUR400 million. The oversubscribed fundraising attracted commitments from thirty European and US investors along with business angels, entrepreneurs and tech executives.
All previous investors renewed their support, and new leading international players joined them, accounting for half of the investors of the round.
The fund is positioned for series A or B financing rounds. It has already made nearly ten investments in Europe and the United States, including Chronext (Cologne), Qapa (Paris), Akeneo (Boston/Nantes), A/B Tasty (New York/Paris), Rinse (San Francisco), and
International law firm Proskauer is advising client GIC, Singapore’s sovereign wealth fund, on its acquisition of around a 30 per cent stake in Mergermarket Group from BC Partners. The transaction is subject to standard regulatory approvals.
Mergermarket is a global financial information company specialising in corporate financial news and analysis through a range of products. It provides the advisory, corporate and financial communities with financial intelligence, analysis and data. Mergermarket subscribers include advisory firms, investment banks, law firms, hedge funds, private equity firms and corporates. The company has over 1,200 staff in 65 locations worldwide.
M&A London partner Matt
ClubCorp, a specialist in private golf, country, business, sports and alumni clubs in North America, is to be acquired by funds affiliated to Apollo Global Management in an all-cash deal worth USD1.1 billion.
The Apollo funds will acquire all of the outstanding shares of ClubCorp for USD17.12 per share in cash, which represents a premium of approximately 30.7 per cent over its closing stock price on 7 July, 2017.
The ClubCorp Board of Directors, acting with the recommendation of its Strategic Review Committee, unanimously approved the agreement with the Apollo funds.
“We are pleased to reach this agreement
Gide is acting as lead counsel to Renault on its recently announced partnership with Brilliance China Automotive Holdings Limited (CBA), which will enable Renault to enter the growing light commercial vehicle (LCV) market in China.
Under a binding framework cooperation agreement signed by the two companies on 5 July 2017 (FCA), Renault will acquire from CBA a 49 per cent stake in Shenyang Brilliance JinBei Automobile Co, Ltd, a top player in the LCV industry in China. The resulting joint venture company will manufacture and sell LCVs using Renault’s product and technological know-how.
Gide is advising Renault on the
NewStar Financial has agreed to acquire Fifth Street CLO Management (FSCM), a wholly-owned subsidiary of Fifth Street Holdings, for approximately USD16 million, net of USD13 million of assumed indebtedness and will be subject to adjustment up or down based on certain working capital items as of the closing of the transaction.
The acquisition will add approximately USD726 million to NewStar’s assets under management, increasing total pro forma AUM to approximately USD7.3 billion. The transaction is expected to close in the third quarter of 2017, subject to certain investor consents and other closing conditions set forth in the purchase agreement between Fifth
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12 November, 2026 – 8:00 am
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