Vista Equity Partners Fund III has increased its offer to acquire SumTotal Systems to USD4.50 per share in cash.

StarVest Partners, a venture capital firm investing in technology-enabled business services companies throughout the US, has announced the close of its oversubscribed USD244m Fund II.

Pangborn, a member of the Atlas Holdings group of businesses, has purchased the second-largest wheel blast and surface preparation equipment provider in Europe, known as the Othello Gro

Mid Europa Partners has entered into an agreement to acquire 100 per cent of the Slovenian cable and broadband operator UPC Slovenia from Liberty Global.

Horwath Capital China and China First Capital, two international financial services firms active in China, have announced a strategic partnership to provide integrated financial service

Ashmore Global Opportunities has announced that shareholders have voted against the resolution to wind up the company.

In lockstep with the pullback seen in the US, venture capitalists invested 50 per cent less capital in the international markets during in the first quarter of 2009, according to Dow Jo

Powerit Solutions, a provider of intelligent energy management and efficiency systems, has announced USD6m in new funding from Siemens Venture Capital and ArcelorMittal’s Clean Technolo