VC opens up new frontier

Frontiers Capital, the IT and communications-focused venture capital group, has assumed control over several new investments through the acquisition of rival Vesta’s entire portfolio.


Frontiers Capital, the IT and communications-focused venture capital group, has assumed control over several new investments through the acquisition of rival Vesta’s entire portfolio.


Frontiers Capital, the IT and communications-focused venture capital group, has assumed control over several new investments through the acquisition of rival Vesta’s entire portfolio.

As a result of the deal, Frontiers can now claim stakes in leading in-flight magazine publisher INK and designer of electro-conductive materials Eleksen amongst others. ‘The Vesta portfolio comprises some high quality assets with significant growth potential,’ Nigel Spray, of Frontiers explains. ‘We believe we can add value for investors in the fund over the next two to three years.’
 
Although specific details of the transaction have not been disclosed, Frontiers has confirmed it received financial backing from Acris, a Paris-based secondary investment group with stakes in around 180 private equity funds worldwide.

Leslie Copeland

Leslie Copeland

Leslie was made Editor for Growth Company Investor magazine in 2000, then headed up the launch of Business XL magazine, and then became Editorial Director in 2007 for the online and print publication portfolio...

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