Archimed takes over software firm Instem for £203m

Archimed takes over software firm Instem for £203m

Health tech software company Instem has agreed to a £203m takeover by a US private equity firm in the latest blow to London’s capital markets. The life science solutions provider announced this morning it had agreed to a takeover deal by Archimed, a US-based firm that...

QIA to take stake in Ambani retail firm at $100bn valuation

Qatar Investment Authority will invest $1bn for a 1% stake in India’s Reliance Retail Ventures, the retail arm of billionaire Mukesh Ambani’s Reliance Industries (RELI.NS), nearly doubling its valuation to $100bn from its last funding round in 2020....

Thoma Bravo to close $2.3bn ForgeRock deal after DOJ nod

Private equity firm Thoma Bravo will complete its $2.3bn acquisition of software firm ForgeRock after the U.S. Department of Justice declined to challenge the deal, Bloomberg News reported on Tuesday citing people familiar with the decision. The transaction could...