AI internal software services player Cogna raises $15m
London AI software services provider Cogna has raised $15m in series A private equity funding. Cogna’s platform uses AI...
Private equity
EQT to acquire majority stake in Acronis
Acronis, an MSP cybersecurity and backup provider, is being acquired by private equity firm EQT’s X Fund. EQT, managing...
New BGF funding propels Evolve's growth plans
Evolve Business Group, a UK-based IT solutions specialist, has secured a multi-million-pound investment from private...
LDC invests in Creative ITC to drive growth strategy
Private equity investor LDC, part of Lloyds Banking Group, has made a significant minority investment in cloud service...
Pictet makes second UK investment with TSG purchase
Pictet Alternative Advisors’ private equity team has acquired MSP Technology Services Group (TSG), marking its second UK...
Intel gains $11bn injection from Apollo to fund chip facility in Ireland
Chipmaker Intel has secured an $11bn investment from private equity firm Apollo Global Management for its chip...
Dutch IaaS player Worldstream is acquired by private equity
International infrastructure as-a-service player Worldstream has been acquired by London/Netherlands private equity firm...
Focus Group lands major investment from private equity firm Hg
Private equity firm Hg has invested in IT services provider Focus Group, facilitating the exit of Bowmark Capital, which...
MSP Presidio acquired in multi-billion dollar deal
Global managed service provider Presidio is being acquired by a new investment firm in a multi-billion dollar deal, as...
Timico rebrands as Digital Space and embarks on growth strategy
Managed service provider (MSP) Timico has rebranded as Digital Space. Backed by equity firm Horizon Capital, the MSP is...