The acquisition will enable SaaS software publisher, Eloquant, to maintain its commercial momentum whilst pursuing an active growth strategy in France and internationally.
London-based WIT Fitness, a sports retail business focusing on footwear and apparel, has secured a £2m investment from growth investors VGC Partners. Recent M&A activity in the sports retail industry reflects a growing appetite for private equity firms to capitalise on a profitable market.
This is Evolucare’s first bolt-on deal following Essling's debut investment in the french medical software company in February this year. Axapa’s revenues reached €4.5m in 2018. It serves 120 customers, accounting for more than 2,500 institutions.
New chief financial officer Chollet joins Activa Capital from Naxicap Partners and has also spent time at Qualium Investissement.
Pirum Systems, a provider of post-trade market infrastructure technology for the global securities finance industry, has delivered annual revenue growth of 20 per cent over the past three years.
The new office comes as part of IK’s ongoing commitment to investing in the Nordics.