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2 months ago | 
ionanalytics.com | Dominic Pasteiner |Lloyd Vassell
The US and Asia have been grabbing most of the headlines in the world of artificial intelligence (AI) recently, from Elon Musk’s offer for generative AI (Gen AI) behemoth OpenAI to the surprise emergence of low-cost Chinese rival Deepseek. However, away from the spotlight, European AI players are quietly consolidating and building capital as the sector builds scale to stay close to centre stage.
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Oct 9, 2024 | 
ionanalytics.com | Dominic Pasteiner |Lloyd Vassell
NorthEdge has launched the sale of its project management software specialist CMap Software, two sources familiar with the situation told Mergermarket. Houlihan Lokey is acting as sellside financial advisor for the sale of the Manchester-based company, the two sources and a third source said. Conversations with potential buyers are underway, the first two sources said, noting that the interested parties include private equity funds.
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May 22, 2024 | 
ionanalytics.com | Lucy Chapman |Gustav Hoejmark-Jensen |Charlie Taylor-Kroll |Dominic Pasteiner
Capvis has shortlisted bidders for the second auction round for Swiss software firm BSI Business Systems Integration (BSI),three sources familiar with the matter said. Bridgepoint [LON:BPT], CVC Capital Partners [AMS:CVC], Montagu Private Equity, and TA Associates have been admitted to the final phase of the auction for the customer relationship management (CRM) business software specialist, two of these and a fourth source said.
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Apr 12, 2024 | 
ionanalytics.com | Dominic Pasteiner |Lloyd Vassell
FDIC-regulated deposit providers on the radarUK deals also under considerationCompany readies itself for potential IPOUK-based challenger bank OakNorth is looking for opportunities to increase its footprint in the US through acquisitions, CFO Rajesh Gupta told Mergermarket. The fintech, which specializes in lending to companies generating GBP 5m-GBP 100m turnover, wants to fund its US loans through local channels and structures instead of through its UK balance sheet, Gupta said.
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Apr 8, 2024 | 
ionanalytics.com | Dominic Pasteiner |Luuk de Klein |Santosh Shetty |Lloyd Vassell
While the US and Asia-Pacific continue to dominate the global semiconductor industry, Europe’s plan to keep chipping away until it has a bigger piece of the action is gradually starting to yield results. In June, the European Commission (EC) approved plans by 14 member states, including France, Germany and the Netherlands, to provide up to EUR 8.1bn in public funding to support research and development (R&D) in microchips and other semiconductor technologies.
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Feb 26, 2024 | 
community.ionanalytics.com | Dominic Pasteiner |Myriam Mariotte |Charlie Taylor-Kroll
Five Arrows Principal Investment is expected to formally launch a sale of French wealth management software provider Harvest in March, according to sources familiar with the matter. The private equity arm of Rothschild & Co has begun pre-marketing the wealth management software specialist to trade and sponsor suitors, one of the sources said. Arma Partners is advising Five Arrows on the sale, as reported. Vendor due diligence is underway via Deloitte, one of the sources added.
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Feb 14, 2024 | 
ionanalytics.com | Lloyd Vassell |Dominic Pasteiner |Santosh Shetty
This is an overview of Mergermarket proprietary intelligence in the data centres segment in Europe over the last four months, featuring existing opportunities in the market. Snapshot is the new name for a Preview. Appetite for data-centre assets in Europe is expected to surge in 2024 against a backdrop of growing demand to store and host digital information.
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Feb 6, 2024 | 
ionanalytics.com | Josh O’Neill |Charlie Taylor-Kroll |Dominic Pasteiner |Lloyd Vassell
Bain Capital has launched the GBP 2bn sale of Zellis Group, as private-credit providers prepare to take a closer look at the HR and payroll software specialist through lender-education sessions, four sources familiar with the situation said. Sellside advisors Morgan Stanley and Evercore began distributing information memoranda for the sale of the UK-headquartered firm to prospective bidders in recent days, according to the first and a fifth source familiar.
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Dec 13, 2023 | 
ionanalytics.com | Lucy Chapman |Dominic Pasteiner |Santosh Shetty |Emilie Rousseau
This is an overview of Mergermarket proprietary intelligence in the payments sector in EMEA over the last three months, featuring existing opportunities in the market. Snapshot is the new name for a Preview. M&A activity in the payments sector in Europe, the Middle East and Africa (EMEA) is expected to start to recover next year as the region continues to transition to mobile payments and dealmakers adapt to more settled financing environments.
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Oct 10, 2023 | 
community.ionanalytics.com | Min Ho |Dominic Pasteiner
UK software group CMap is expected to come to market for an upcoming sale by its private equity (PE) owner NorthEdgein 2024, according to four sources familiar with the situation. The company, which provides cloud-based project management software to clients operating in professional services, architecture, engineering, healthcare, creative and consulting, generated GBP 8m (EUR 9.3m) in revenues and EBITDA of GBP 1.7m in its 2022 financial year, according to a Companies House filing.
