by Sebastian | Dec 1, 2020 | News, UKPEC
Logistics technology firm Flock Freight on Tuesday said it raised $113.5 million in a funding round led by SoftBank Vision Fund 2, making it the fund’s third transportation and logistics technology investment since its launch last year. Flock Freight’s technology uses...
by Sebastian | Dec 1, 2020 | News, UKPEC
Boston Scientific on Tuesday, 1 December, said it agreed to sell its BTG specialty pharmaceuticals business for $800m in cash to affiliates of SERB, a European specialty pharmaceutical group backed by private equity firm Charterhouse Capital Partners. The US-based...
by Sebastian | Nov 30, 2020 | News, UKPEC
The billionaire brothers behind the British petrol retailing powerhouse EG Group have launched a daring takeover bid for Caffe Nero hours before the ailing coffee shop chain seeks approval from landlords to slash its rent bill. Sky News has learnt that Mohsin and...
by Sebastian | Nov 27, 2020 | IPEC, News, UKPEC
The Spanish banks BBVA and Sabadell have given up merger talks they confirmed less than two weeks ago because of disagreements over the pricing of the deal. Sabadell, which owns TSB in the UK, said it would now seek to “prioritise its Spanish domestic business”,...
by Sebastian | Nov 27, 2020 | News, UKPEC
Equity investment organisation Newable Ventures and Bristol Private Equity Club (BPEC) have secured £10million from British Business Investments – a subsidiary of the British Business Bank – to fund early-stage businesses. The cash, from British Business...
by Sebastian | Nov 27, 2020 | News, UKPEC
British outsourcer Capita Plc said on Friday it was in exclusive talks with private equity firm Montagu over the potential sale of its standalone Education Software Solutions (ESS) business. The company, which has been trying to sell some non-core assets, had expected...
