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Insightful Science, a software provider serving the global life sciences community, is to acquire Dotmatics, a cloud-based scientific R&D data management platform. By integrating Insightful Science’s software applications into Dotmatics cloud-first enterprise data management solution, the company will provide an end-to-end scientific research platform. This combination further improves laboratory efficiency and accelerates the pace of scientific  innovation by facilitating more rapid data access, analysis and exchange between scientists  around the world. Insightful Science is a software company with purpose-built data analysis and bioinformatics applications for life sciences. The company portfolio serves a diverse set of one million scientists  in academic,
Gulf Capital, a growth markets alternative investment firm, has completed two strategic acquisitions of US healthtech companies for a total transaction value of USD60 million.  The majority stake investments in Eclat Health and Hansei Solutions will expand Gulf Capital’s healthcare-focused Revenue Cycle Management (RCM) platform. In 2018, Gulf Capital had already acquired a majority stake in ACCUMED Practice Management (Accumed), the leading RCM provider in the UAE and Saudi Arabia. Eclat Health (Eclat) is a Washington DC-based technology-enabled healthcare solutions provider, and Hansei Solutions is a tech-driven full-suite RCM operator based out of California.  In line with its buy-and-build strategy
Data in the report ‘Impact investing and the rise of sustainable tech’ shows that impact technology companies are receiving a fast-increasing amount of private equity investment. As the sector matures, those raises are becoming larger and focused on later-stage companies. GP Bullhound analysed more than 10,000 fundraise transactions and 3,000 M&A transactions, starting in 2015, with the key data insights including:   Record investment levels: Impact companies have raised record levels of investment in Europe and North America in 2020, breaking USD10 billion for the first time  Growing funding rounds: Funding for impact companies has increased by 51 per cent
Vórtx, a tech-enabled corporate and trust service provider for fund managers and corporate issuers in Brazil, has raised USD35 million in Series B funding, led by FTV Capital.  The funding will be used to accelerate Vórtx’s technology enhancements and market presence in the financial back-office market, as the alternatives market in Brazil continues to accelerate.   Vórtx was founded in 2015 by capital markets experts Juliano Cornacchia and Alexandre Assolini, and has since become a one-stop shop for fund managers and corporations alike, through its comprehensive core offering for fund administration and corporate services. Vórtx’s offering includes services in areas
Biomedical startup Adapttech has raised GBP2 million in a new venture capital funding round.  The round was supported by existing investors including the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund; Bionova Capital (formerly Hovione Capital), as well as new investors including ACF Investors, Wealth Club and Wren Capital.   The new funding will be primarily be used for new product developments, and to drive sales of the company’s INSIGHT system, which makes it faster and easier to correctly fit lower-limb prostheses and monitor the rehabilitation process.
Active Capital has sold Active Assurances Groupe, a native digital broker of car and health insurance products, to the Meilleurtaux group after three years of ownership. Founded in 2011 by Thomas Riottot, Denis Salmoiraghi and Didier Naccache, Active Assurances has enjoyed uninterrupted growth since its launch. The company has quickly established itself as a leading independent online car insurance broker. With management centres in France and Madagascar, the Active Assurances group is set to generate 120,000 new policies during the 2020/2021 financial year (ending in June) and double its turnover.   The acquisition of Active Assurances will enable Meilleurtaux to
American Residential Services (ARS), the nation’s largest provider of residential heating, ventilation, air conditioning (HVAC), and plumbing services, has appointed Scott Boose as Chief Executive Officer.  Boose, a senior executive with significant experience in the HVAC, plumbing, and home services industries, succeeds David Slott, CEO of ARS, who will remain in a senior advisory role and assist Boose and senior management during this orderly leadership transition.  Based in Memphis, Tennessee, ARS operates a network of more than 70 locally managed service centres in 24 states, with approximately 6,000 highly talented employees and the largest team of HVAC technicians and plumbers
Lurra Capital AG, a Swiss-based private capital investment firm, has participated in a USD475 million funding round for New York-headquartered Dataminr, one of the world’s leading AI companies. Lurra Capital, an existing investor of Dataminr, joins other leading investors including Eldridge, Valor Equity Partners, MSD Capital, Reinvent Capital, ArrowMark Partners, IVP, Eden Global and investment funds managed by Morgan Stanley Tactical Value in providing capital for Dataminr, whose AI platform detects the earliest signs of high-impact events and emerging risks from tracking publicly available data. Clients include Citi, Dyson, Shell and Vodafone.   Founded in 2009 by entrepreneur Ted Bailey,
Fulcrum Equity Partners, a growth equity firm investing in healthcare services, HCIT, B2B SaaS, and tech-enabled services, has closed its fourth and largest fund to date, Fulcrum Growth Fund IV (“Fund IV”), which was oversubscribed with USD275 million in committed capital.  Fulcrum’s existing investor base validated the firm’s thesis and approach with nearly 100 per cent participation from institutional investors in prior funds and many investors increasing their allocations over previous commitments. New institutional investors and family offices also joined the firm’s longtime stable of C-level executives – a key element of Fulcrum’s strategic value-add since its founding in 2006.  “As
Joerg von Taube, AssetMetrix
AssetMetrix has established an Account Management function within its Business Development team.

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