Argo Blockchain has completed a fundraise
Argo Blockchain has raised funds to purchase more mining rigs and accelerate growth.
Argo is a publicly traded blockchain technology company focused on large-scale cryptocurrency mining. The firm supports continued growth, innovation and function of the world’s top blockchain networks.
Oaklins Cavendish’s sister firm finnCap, based in the UK, acted as advisor and broker to Argo Blockchain, raising close to US$28m of the overall fundraise from a number of UK institutional funds. The team led the fundraise and coordinated the deal with two other brokers. finnCap’s book was significantly oversubscribed, which assisted in securing a successful placing price which the market and company were both happy with.
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Driv Kapital enters into partnership with renowned specialized IT consultancies SOCO, Gnist and Forse
Driv Kapital Fund I has acquired 38% of the shares in the newly established group consisting of Soco Norge AS (SOCO), Gnist Consulting AS (Gnist), Forse.NET AS (Forse.NET) and Forse Mobil AS (Forse Mobil). The companies’ founders, management and employees will own the remaining 62%. The partnership involves the creation of a new parent company which will have 100% ownership in all the companies, which until now have been owned by their founders and employees.Learn more
ATG Europe has sold a majority stake to Pauwels Consulting
ATG Europe, a pan-European provider of high-end professional consulting, IT and engineering services for the space and nuclear fusion domains, has agreed to sell a majority stake to Pauwels Consulting, a prominent player in science and technology consulting.Learn more
Hay House has been acquired by Penguin Random House
Hay House, a leading independent book publisher with renowned expertise in the mind-body-spirit, self-help, and health and wellness space, has been acquired by Penguin Random House, the world’s largest trade book publisher. Currently a client of Penguin Random House Publisher Services (PRHPS), Hay House will now be able to further leverage the resources and gold-standard capabilities of the world’s largest trade book publisher to reach even more audiences and further elevate its authors.Learn more