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Accel closes third Indian fund at $155 million

Venture capital firm Accel Partners has closed its third fund dedicated for investment in India, Accel India III, after securing $155 million (£98 million).

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Bagel Nash toasts Holme hire

Sally Holme has joined bakery business Bagel Nash as a non-executive director as the company seeks to develop its brand.

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IP buy for Cryptocard

Cloud security company Cryptocard has acquired the patents and intellectual property (IP) of GrlDsure, a provider of platform-based computer authentication security software.

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CitySprint buys and builds with two bolt-ons

Transportation company CitySprint, which is backed by mid-market private equity firm Dunedin, has made two bolt-on acquisitions with the purchase of the UK courier operations of both Lewis Day and Medical Services.

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Maiden investment in UK for Citrix accelerator

Software and technology company Citrix Systems has made a maiden investment in the UK from its start-up accelerator programme with the backing of social analytics business Handy Elephant.

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Cambridge Capital backs Norwich Research Park in raising profile

Norwich Research Park has launched a new angel investment programme to encourage potential high-growth, early-stage companies to set-up or relocate to East Anglia.

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Carlyle disposes of rail software interest

Private equity firm The Carlyle Group has agreed to sell its rail software and services portfolio business RMI in a deal with GE Transportation.

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Government deal for ManTech

ManTech International has acquired Worldwide Information Systems (WINS) in a cash deal worth $90 million (£57 million).

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Carlyle disposes of rail software interest

Private equity firm The Carlyle Group has agreed to sell its rail software and services portfolio business RMI in a deal with GE Transportation.

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Government deal for ManTech

ManTech International has acquired Worldwide Information Systems (WINS) in a cash deal worth $90 million (£57 million).

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Eurozone crisis harming SME appetite for finance

Demand for external finance remains low among SMEs, with the economic climate and ‘discouragement’ from the banks the main barriers to borrowing.

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Panoramic takes £1 million equity in Concorde

Concorde Solutions, a software asset management company, has secured a £1 million equity investment from venture capital firm Panoramic Growth Equity.

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Private company shares trading expanded to UK

A new channel has been opened for fast-growing UK SMEs to raise money after an online platform for private company shares was expanded to allow all European investors to participate.

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Moventas saved by Clyde Blowers

Private equity firm Clyde Blowers has acquired Finland-headquartered Moventas Group through its Capital Fund III (CBC Fund III).

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