Metavante buys venture-backed Nomad Payments

Metavante Technologies has acquired Nomad Payments in a $58m (€39m) deal.

Alliance Trust and First Ventures fund Ranier

Alliance Trust Equity Partners and First Ventures have invested £8m (€10.6m) in Ranier Technology, a specialist in spinal implants.

Momail raises SKr35m for geographic expansion

Swedish mobile email company Momail has raised SKr35m (€3.7m) from the Swedish 6th Pension Fund and Bonnier Invest. Private investors from Sweden, Russia, South Africa and the UK also invested.

Shackleton backs CIO Connect

Shackleton Ventures has acquired a 49.9 per cent stake in IT networking organisation CIO Connect from the National Computing Sector, for an undisclosed amount. Management holds the balance.

Argos Soditic backs Mertz buy-in

Argos Soditic has completed the management buy-in of Mertz from Mertz Conteneurs, owned by IGF Capital Retournement and the Mertz family.

7digital raises £4.25m

Sutton Place Managers has led a £4.25m (€5.7m) funding round for digital music retailer 7digital.