PE Tech Report

Latest News

Medical testing
PitchBook Data has released its healthcare focused Q2 European M&A Report, showing European M&A totalled an impressive EUR563.6 billion in H1 2020, keeping pace with 2019 figures despite the pandemic.
Michael Johnson, Crestbridge
Michael Johnson (pictured) is responsible for continuing to grow and evolve Crestbridge’s overall funds proposition. Here he discusses how Covid has created barriers to private equity fundraising, what challenges GPs are facing going forward beyond Covid and how managers can best position themselves to address these.
Apex Group, a global financial services provider, has expanded its well-established ESG Ratings and Advisory service by unveiling a new ratings and scoring platform, which is designed to provide ESG insights to private companies and their investors.Apex has led the way in pioneering ESG solutions for its clients as the first fund services provider to launch an ESG offering back in 2019. The addition of the portal to its already established suite of ESG solutions further bolsters the Group’s strength in the ESG space, providing clients with tailored ESG analysis across the entire portfolio. Apex manages the independent collection of
Carnot, the developer of a hydrogen combustion engine, has partnered with Crowdcube to launch an equity crowdfund campaign to fuel its production of a prototype. The company is seeking GBP170,000 to build and test a prototype by April 2021. Owing to its unique layout, Carnot’s technology offers a significant increase in efficiency which equates to twice the power for every litre of fuel when compared to a standard diesel engine.  The founding team of Archie Watts-Farmer, Francis Lempp, and Nadiur Rahman started Carnot because: “We wanted to tackle climate change head on by developing a technology capable of reducing our carbon
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

Special Reports

Featured

Events

16 May, 2024 – 8:30 am

Directory Listings