Year: 2023
Sector: Software
Terms: Not disclosed

Alkimii Limited has developed a software platform focused on serving the needs of hotel operators in terms of managing their labour and property costs.

Its clients include Dalata, the largest hotel chain in Ireland, as well as a number of other hotel groups and independent operators. It has a leading position in Ireland and is increasingly focused on expansion in the UK and US markets.

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Year: 2023
Sector: Technology
Terms: Not disclosed

Pegasus Capital advised Zevo Health on its investment received from ScaleUp Capital. Zevo is a market-leading workplace wellbeing provider and has earned a strong reputation for providing best in class psychological support to content moderation teams in some of the most recognised global companies.

ScaleUp Capital is a London-based growth equity investor focused on partnering with B2B businesses with a technology, software, content or services angle.

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Year: 2023
Sector: Technology
Terms: Not disclosed

Pegasus Capital advised Rainmaker Business Technologies on its sale to strategic acquirer, Skymetrix GmbH. Rainmaker’s software platform enables airlines better understand and manage their operating performance and related costs.

Skymetrix offers airlines a cloud-based software platform that enables its customers to control their direct operating costs in areas such as fuel, airport, navigation and ground handling.

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Year:2023
Sector: Technology
Terms: $13m funding round

NewsWhip Media Limited (“NewsWhip”) has developed a SaaS platform focused on predictive media monitoring. Its clients include leading global brands such as Google, The New York Times, Samsung and the BBC.

The company wished to raise primary capital to fund the expansion of the business across a number of areas, including sales, marketing and product, which is expected to lead to 50% growth in its current headcount of 71 employees over the next two years.

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Year: 2021
Sector: Technology
Terms: Not disclosed

BearingPoint Technology GmbH (“Beyond Now”) is the Austrian-based telecommunications software business formerly owned by BearingPoint Holding BV, a leading global business consultancy.

Its Infonova software solution is a Software-As-A-Service (“SAAS”) platform that enables telecommunications companies to better monetise their customers.

Under its new ownership, the business was re-banded as Beyond Now in early 2022

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Year:2021
Sector: Technology
Terms: US$ 64m

Pegasus Capital has advised Betapond Limited T/A StitcherAds on its sale to US company Kargo Global Inc.

StitcherAds is a leading paid social advertising platform empowering advertisers and agencies to scale full-funnel performance marketing campaigns on Facebook, Instagram, Snapchat, Pinterest, and TikTok.

Kargo Global Inc. is the leader in creating mobile advertising experiences that elevate brands and motivate customers.

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Year: 2021
Sector: Technology
Terms: EUR 45m

Pegasus Capital has advised AdaptiveMobile Security on its sale to Swedish listed software company Enea. The acquisition of Adaptive represents a significant expansion of Enea’s telecoms network security and 5G capability. Adaptive is a leading global player in signalling and messaging security with tier 1 communications customers including AT&T, Twilio, and T Mobile.

Enea is one of the world’s leading specialists in software for telecommunications and cybersecurity. Its cloud-native products are used to enable services for mobile subscribers, enterprise customers, and the Internet of Things.

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Year: 2021
Sector: Technology
Terms: USD 56m

LearnUpon Ltd. is a cloud-based, SaaS platform, that enables organisations to manage and track learning goals across employee development, customer onboarding and more.

Organisations can use LearnUpon’s LMS platform to manage, track and achieve learning goals, as well as employee development, customer onboarding, partner education and compliance training.

The Summit Partners funding will be used to boost hiring, meet customer demand and support the continued roll-out of its products.

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Year: 2020
Sector: Software & TMT
Terms: EUR 6m

Roomex Ltd. is an accommodation management platform for corporates. It enables corporates control costs, secure superior accommodation rates, ensure corporate travel policy is adhered to, and monitor and account for employee accommodation expenditure in an administratively straightforward manner.

The funding round was led by Draper Esprit Plc. with co-investment from other investors in order to help fund the growth of the business.

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Year: 2019
Sector: Healthcare
Terms: Not Disclosed

Pegasus Capital has advised Arrotek Medical Ltd. (“Arrotek Medical”) on its sale to Theragenics Corp. Arrotek Medical is a specialist contract development and manufacturing organisation (“CDMO”) based in Collooney, Co. Sligo.

US based Theragenics Corp. is a global supplier of access and procedure medical devices for a range of interventional and endovascular procedures, and is backed by private equity fund Juniper Investments.

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Year: 2019
Sector: Financial Services
Terms: Not Disclosed

Pegasus Capital has advised one of Ireland’s largest independent insurance brokers, Murray & Spelman group, on the sale of the business to Arachas Corporate Brokers Ltd.

The Murray & Spelman and Arachas businesses are highly complimentary with similar cultures and values and the acquisition will strengthen Arachas’ position in Murray & Spelman’s core markets in the West of Ireland and Kildare.

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Year: 2019
Sector: Software & TMT
Terms: Not Disclosed

Pegasus has advised VideoElephant Ltd. on a $6m growth funding round led by ACT Venture Capital. The funding raised by VideoElephant will enable the company expand its content library and accelerate its go-to-market strategy.

The investment round was led by ACT Venture capital, with co-investment from a number of new investors and existing shareholders. Pegasus has advised VideoElephant on all fundraisings since its Series A round.

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YEAR: 2017
SECTOR: Software & TMT
TERMS: Not disclosed

Pegasus Capital advised the management of the company on completing a management buy-out with funding provided by BlueBay Asset Management.

The transaction facilitated an exit for Openmind's initial venture capital investors and enabled management materially increase their shareholding and focus on the future growth of the business.

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YEAR: 2017
SECTOR: Software & TMT
TERMS: Not disclosed

Pegasus Capital advised on the sale of Ciall to Storm Technology Ltd. The transaction enabled both companies to expand the product portfolio that they could offer their respective customer bases, thereby creating the potential for revenue synergies from which both companies would benefit.

Ciall Systems is an IT services company that sells the Microsoft Dynamics NAV and Bi360 software products whilst also providing associated support, consulting and hosting services.

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YEAR: 2016
SECTOR: Software
TERMS: EUR 2,000,000

Bizimply Ltd. ("Bizimply") has developed a SaaS-based scheduling and attendance technology platform, focused on businesses with hourly paid employees.

Pegasus Capital advised the company on a series A funding round of EUR 2m led by Causeway Capital. The funding round enabled the company further enhance its product offering and expand its organisational team and sales structure to increase its execution capability

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YEAR: 2016
SECTOR: Software & TMT
TERMS: EUR 3,000,000

VideoElephant Ltd. ("VideoElephant") has the largest global online library of video content, sourced from Tier 1 content producers such as Press Association, ITN, Al Jazeera, and Euro News.

Pegasus Capital advised the company on raising EUR 3m in funding, from venture capital funds such as ACT Venture Capital and DBIC, along with a small number of private investors. The funding has enabled the company to accelerate growth and expand its presence in the US which is its largest market for content.

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YEAR: 2015
SECTOR: Software & TMT
TERMS: Not disclosed

Wavebreak Media Ltd. ("Wavebreak") is a producer of stock imagery and video, which it sells directly and via the large global distributors including Shutterstock, Getty Images and Fotolia (Adobe).

Pegasus Capital advised the company on a recapitalisation, raising primary and secondary funding, thereby providing an exit for some long-standing venture capital investors, primary capital to help fund the growth of the business, and some liquidity for the founders.

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YEAR: 2015
SECTOR: Software & TMT
TERMS: Not disclosed

Acquirer Systems Ltd. ("Acquirer Systems") is a leading provider of payment testing solutions to banks and card acquirers and issuers.

Pegasus Capital advised on a sale of the company to UL Inc., a global leader in payment and testing solutions headquartered in Chicago. UL Inc. has a strong market position in the payments testing space through its subsidiary, UL Transaction Services, and the acquisition enhanced its technology offering and consolidated its position as market leader.

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YEAR: 2013
SECTOR: Software & TMT
TERMS: EUR 4,000,000

CleverCards is a leading global provider of personalised digital and printed greeting cards which can be delivered globally. The company also uses AI and leverages platforms such as Facebook to come up with personalised gift ideas.

Pegasus Capital advised the company on a EUR 4m series A funding round to support future growth.

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YEAR: 2013
SECTOR: Software & TMT
TERMS: USD 9,000,000

FeedHenry Ltd. ("Feedhenry") is a provider of a SaaS-based mobile enterprise application platform. It enables companies to develop mobile app's on a single platform which can then be accessed by all forms of mobile device i.e. device/operating system agnostic, whilst providing uniformity and consistency in terms of how these app's access the company's back-end IT systems.

Pegasus Capital advised the company on a series A funding round of US$ 9m, led by Intel Capital and with participation from VMware, Kernel Capital and Enterprise Ireland.

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