In recent months, private equity funds have closed deals such as the sale of Mémora to Ontario Teachers' for €500M or the sale of Pronovias by BC Partners. With sales like these, and many others, the year looks set to be exceptional for the sector....
According to Everis, the number of deals in the sector will be 9% lower than last year, while investment volume will grow by 15%. This is a sign that the sector is in the process of maturing, fewer deals are being done, but each company is betting more heavily. In terms of the countries leading the sector, the USA is the biggest forerunner.
In June, Amazon made its biggest purchase ever with the acquisition of the Whole Foods supermarket chain for $$13.7 billion. With this purchase, Amazon has the staff and strategic locations to provide a better food delivery service....
Kantox, the fintech company that operates in the exchange of currencies for companies, has closed a €5 million round raised by its own shareholders. Co-founder and CEO Philippe Gelis confirmed yesterday that the round will bring the company closer to break even, which is expected to be reached "by the end of 2017".
Easy Payment Gateway, a payment and fraud gateway, has just closed an investment round of six million euros. This is the third round closed by the startup, which defines itself as a platform for managing and configuring all means of payment of a company, as well as all fraud tools.
The aim of the round is to boost the internationalisation and growth of this Catalan company, especially in the North American market.
Kiro Robotics, now called Kiro Grifols, develops machines and equipment to automate or control key points in hospital processes, especially hospital pharmacy services, including Kiro Oncology, which automatically prepares intravenous medication for chemotherapy treatments in hospital pharmacies, minimising the margins of error in the preparation of medication and the risk to healthcare professionals.
Ged buys the 51% from Andalusian company Vitro to help it expand internationally in the market for in vitro diagnostic products and laboratory software.
Ironhack, the Spanish bootcamp, receives a €2.6M round to grow geographically and make advances in its technology. The round has been led by JME ventures.
Angels Capital, the investment arm of Mercadona chairman Juan Roig, has bought Sothis' 100%, which last year had a €30m turnover.
Cybersecurity firm Cybereason, which helps combat real-time cyber-attacks using artificial intelligence and counts Lockheed Martin SoftBank and Motorola among its clients, has received $100M in its fourth round.
With the purchase, the company - which develops innovative products and specialised services to help make smarter decisions - comes to Spain to strengthen its international presence and incorporate Confirma's anti-fraud and anti-money laundering tools into its portfolio of solutions.