Showing posts with label GIC. Show all posts
Showing posts with label GIC. Show all posts

Tuesday, 24 February 2026

Anthropic's Series G Raises $30bn led by GIC and Coatue

The raise values Anthropic at $380bn post money (accounting for the fresh capital). Co-leaders of the round were DE Shaw Ventures, Dragoneer, Founders Fund, ICONIQ and MGX. But many other funds put up money too. Money will go into frontier research, product development and infrastructure expansion.

Thursday, 26 June 2025

Visma Eyes London IPO

IPO Plans

As the UK market grapples with firms preferring to list on Nasdaq, or being taken private, Norwegian firm Visma, which provides accounting and payroll software to SMEs is looking to go public on the London market.  

Ownership

Visma is 70% owned by Hg and co-investors, which include GIC and TPG.

A Multi Billion EUR Company with M&A as a Core Growth Driver

Visma has grown with 350 bolt-on acquisitions with 2.8 billion EUR revenues last year. 

Example acquisition and its Merits (New regions and jurisdictions)

One of their more recent acquisitions was Evoliz in February 2025, which provides cloud based financial management for SMEs in France (alternativement PMEs - or petite et moyenne entreprises) and whose CEO is François Aupetit.  At time of acquisition, Evoliz had almost 13,000 customers. It's functionality includes invoicing, quote management and VAT, basically all the workflow that will ultimately flow into your financial accounts.  It is also NF203 certified (French standard for management software) anticipating new regulations on electronic invoicing from 2026.