- Add-on: Littlefish acquires managed IT services and cybersecurity company Stripe OLT.
- Acquisition: Suma Capital invests €1 million in artificial intelligence software developer Optimitive.
- Acquisition: Orthopedic surgical instrument manufacturer Arbutus Medical raises CAD 3.9 million.
- Acquisition: Fixed-wing drone manufacturer DeltaQuad raises funds from Parcom Capital Management and Keen Venture Partners.
BOWMARK CAPITAL
Add-on: Littlefish acquires managed IT services and cybersecurity company Stripe OLT
Backed by Bowmark Capital and Lloyds Development Capital (LDC), Littlefish (£68.9 million of revenue in 2024, East Midlands / ENG), an IT services company providing IT consulting, cloud, and cybersecurity services in the UK, acquires Stripe OLT (South West / ENG), a managed IT and cybersecurity services company offering services such as 24/7 monitoring, cloud support, Microsoft solutions, and IT consulting. This acquisition strengthens Littlefish’s integrated services offering, expanding its cybersecurity and Microsoft solutions capabilities, while also accelerating its growth and improving security and support for its clients in the public and private sectors (Bowmark Capital, press release)
SUMA CAPITAL
Acquisition: Suma Capital invests €1 million in artificial intelligence software developer Optimitive
Suma Capital has invested €1 million in Optimitive (Basque Autonomous Community / ESP), a company that designs artificial intelligence software to control and optimize industrial processes in real time in order to reduce energy and resource consumption. Suma Capital’s investment complements a €5 million Series A funding round, in which Cemex and TITAN Cement Group also participated. Optimitive plans to expand globally, enhance its AI platform, develop new product features, and strengthen its commercial operations (Suma Capital, press release)
CREDIT MUTUEL EQUITY
Acquisition: Orthopedic surgical instrument manufacturer Arbutus Medical raises CAD 3.9 million
Arbutus Medical (British Columbia / CAN), a company that designs and manufactures orthopedic surgical tools and sterile procedure kits, incorporating solutions such as the TrakPak skeletal traction kit and the HEX drilling kit, and converting commercial drills into approved surgical devices through its proprietary DrillCover technology to improve the sterility and durability of equipment for a wide range of orthopedic procedures, raises CAD 3.9 million in a funding round led by Crédit Mutuel Equity, with participation from the CU Healthcare Innovation Fund, existing investors Nimbus Synergies, ThresholdImpact, Consortium MEDTEQ+, GenomeBC and other historical investors. With these funds raised, the company aims to accelerate its commercial expansion in the United States, invest in clinical training, increase its production capacity and launch new products targeting surgical workflows outside of traditional operating rooms (Crédit Mutuel Equity, press release)
PARCOM CAPITAL MANAGEMENT
Acquisition: Fixed-wing drone manufacturer DeltaQuad raises funds from Parcom Capital Management and Keen Venture Partners
Parcom Capital Management and Keen Venture Partners invest in DeltaQuad (North Holland / NLD), a developer and manufacturer of vertical takeoff and landing (VTOL) fixed-wing drones. The company designs UAVs incorporating AI-powered autonomous capabilities, offering extended flight range, long endurance, and dual payload capacity for applications in defense, security, agriculture, mapping, infrastructure inspection, and environmental monitoring. This investment aims to support DeltaQuad’s next phase of growth, with a focus on product innovation, operational excellence, and international expansion (Parcom Capital Management, press release)
