Permira will be buying the regional businesses of private client investment manager Tilney in Birmingham, Edinburgh, Glasgow and Liverpool from Deutsche Bank, a statement about the funding said.
Deals
Little Borrowed Dress secures $1.25M in seed funding round
Little Borrowed Dress, a startup that rents out bridesmaid dresses online, has raised $1.25 million for its seed financing round participated in by a number of investors, TechCrunch reported.
American SaaS firm ClearSlide lands $50M in Series C funding to help salespeople make effective presentations
San Francisco, US-based sales communication platform ClearSlide landed $50 million in a Series C funding round led by Social+Capital Partnership to provide a service that boosts productivity of salespeople.
Finnish chemical firm Kemira purchases BASF's AKD business in Germany
Helsinki, Finalnd-based chemical industry group Kemira announced that it will acquire the alkyl ketene dimer (AKD) emulsion unit of Ludwigshafen, Germany-based chemical giant for an undisclosed sum.
Melbourne IT adds web hosting firm NetRegistry in $50M deal
Melbourne, Australia-based web hosting provider Melbourne IT added Sydney-based web domain registry and web hosting firm NetRegistry in a deal valued at $50.4 million to combine two of the biggest web service businesses in the country.
Latest News
Menlo Park, US-based venture capital firm Lightspeed Venture Partners invested an undisclosed amount in San Jose Spiders, a professional Frisbee league owned by Cisco Systems Inc president Rob Lloyd.
Robert Friedland's High Power Exploration has invested in Australian copper prospector Apollo Minerals, highlighting the progress it is making into the country's small cap resources sector, Reuters reported.
BEST Funds provided a $1.5 million investment in XipLink to be used for the latter's sales and marketing efforts and support its continued efforts in coming up with inventive technological developments.
Waterloo, Canada-based software giant OpenText invested $1 million to open a data center in Sydney, Australia, to help companies deal with problems centered on enterprise data.
Waterloo, Australia-based mobile payment startup Beat the Q bagged $1 million in funding from high-net worth individuals to partially fund its planned acquisition of Sydney-based loyalty app eCoffeeCard.
Burbank, US-based movie company Warner Bros is mulling over a $10 million to $15 million investment in YouTube game-focused web video site Machinima, according to a report by the Wall Street Journal (WSJ).
Smarterer, a startup based in Boston that provides jobseekers with a way to measure their skills in different subjects through online tests, has landed an additional capital of $1.6 million in a round led by Rethink Education, TechCrunch reported.
Nok Nok Labs secured $16.5 million in its latest funding round from Lenovo, DCM and Onset Ventures as it seeks to move online authentication beyond usernames and passwords, VentureBeat reported.
California, US-based human management and financial management software vendor Workday acquired San Francisco-based predictive analytics human resources software firm Identified for an undisclosed amount to enhance its product portfolio.
