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Parabellum Investments, an international investment firm specialising in the mid- market, has acquired the India business of The Column Group a US-based privately-owned technology consulting, systems, and services provider it acquired with The Acacia Group earlier this year.Based in Pune, Column India has a workforce of around 180 people and has a strong heritage providing IT services to international corporate clients. The company specialises in implementing BMC projects and solutions, in areas including cloud computing, IT service management and operations, and had revenues of around USD5million in its last financial year. Parabellum Investments intends for Column India to work alongside
TA Associates, a global growth private equity firm, has signed a definitive agreement to make a strategic growth investment in Ivanti, a provider of enterprise-grade intelligent IT management and security software solutions.TA will join existing investor Clearlake Capital Group, as institutional shareholders in Ivanti.   The funding will provide additional capital that will enable Ivanti to increase its investment in innovation, accelerate its global growth and continue its acquisition strategy. The company will continue to be led by CEO Jim Schaper and the current management team. Terms of the transaction have not been disclosed.   Ivanti provides solutions that automate
Onecom, a UK-based independent business telecommunications provider backed by LDC and Ares Management Corporation, has acquired the Glamorgan Telecom Group for an undisclosed sum as part of an ambitious strategy designed to significantly expand the business over the next three years.The acquisition will see the multi-million-pound revenue Glamorgan Telecom Group become a Onecom company with its senior leadership, including chief executive officer Kelly Bolderson, remaining with the business. The deal represents the first of a number of acquisitions planned by Onecom, led by former O2 executive Ben Dowd, after it secured a GBP100 million funding package from LDC and Ares
BTIG has appointed Kimberly Boulmetis as a Managing Director in the firm’s Specialty Finance Investment Banking unit. Boulmetis will be based in the firm’s New York office, and will report to Dan Blood, Managing Director and Head of Specialty Finance, at BTIG.In her new role at the firm, Boulmetis will expand banking coverage of business development companies (BDCs), asset managers, closed-end funds and mortgage REITS. “We are thrilled to add Kim to our banking leadership team,” says Matt Clark, Chief Operating Officer, BTIG Investment Banking. “She brings extensive experience in dealmaking across the specialty finance vertical. We look forward to
Edtech startup BibliU has raised GBP500,000 as part of a Series A extension funding round, supported by Angel Investment Network (AIN), the world’s largest online angel investment platform. London-based BibliU is a digital education platform that provides students with digital access to their textbooks and libraries across all their devices. The campaign funding round, an addition to its GBP6.5 million Series A, was in response to a surge in demand due to Covid-19. Completed in eight weeks, the funds will be used for new technical hires to support demand from Universities. The startup is scaling rapidly with 60-plus new pilots across
Gaming quality assurance and testing firm Testronic, part of the Catalis Group, has acquired Whyttest, a games QA and customer support business headquartered in Romania – a move set to increase headcount by 15 per cent. Testronic provides services to the global games publishing and film and TV markets, including Quality Assurance, Localisation, Compliance and Certification and Customer Support. It employs over 1,000 people in the US, UK and Poland.   Whyttest was founded in Romania in 2014. Its 150-strong team provide mobile, PC and console video games testing at sites in Bucharest and Belgrade.   The deal provides additional capacity
A Corby care service for adults with learning disabilities has secured a GBP200k loan from the Midlands Engine Investment Fund (MEIF) Debt Finance, managed by Maven Capital Partners.The funding will enable BDC Healthcare & Education to purchase a new care facility in Northamptonshire while also creating several employment opportunities.   BDC is a care service for adults with learning difficulties and disabilities ranging from brain injuries, autism, ADHD, dyslexia and dyspraxia. Service users’ ages can range from mid-teens to mid-60s, with BDC providing sensory activities, real work skills, travel training and other life skills.   Shoaib Arshid, Managing Director at
Question marks
As the second quarter showed the worst quarterly fall in output ever recorded in the UK, investors point to how the recovery of the UK economy as a whole may rely on the prosperity of SMEs, start-ups and high-growth firms. 
Lisya Bahar Manoah, Catalyst Investments
Lisya Bahar Manoah (pictured) recently joined Catalyst Investments as a partner, based in Tel Aviv in Israel. The firm was founded in 1999 by Edouard Cukierman, Yair Shamir and Boaz Harel.
Venture capital firm Advent Life Sciences has sold its portfolio company, KaNDy Therapeutics (KaNDy), to Bayer AG for an upfront consideration of USD425 million plus potential milestone payments of up to USD 450 million until launch followed by potential additional triple digit million sales milestones payments.KaNDy recently completed the Phase IIb with NT-814, a first in class, non-hormonal, once-daily, oral neurokinin-1,3 receptor antagonist, publishing positive data for the treatment of frequent symptoms of the menopause, hot flashes and night sweats (vasomotor symptoms). The start of Phase III clinical trial is expected to commence in 2021. Once the deal completes, Bayer

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