RM Funds, the Investment Manager of the listed specialist in social and environmental infrastructure, RM Secured Direct Lending (RMDL), has provided a bilateral GBP13 million senior secured three-year term loan facility to Athena Healthcare Group (AHG).
Deals & Transactions
Perception Point, a specialist email and collaboration security company, offering fast interception of content-based attacks as a service, has raised USD28 million in Series B funding, bringing the total funding to USD48 million.
Novo Holdings has joined the USD80 million Series C financing in Halodoc, an Indonesia-based healthtech platform, which was led by PT Astra Digital Internasional, a subsidiary of PT Astra International Tbk (Astra) and joined by existing and new investors including Temasek, Telkomsel’s TMI, Acrew Diversify Capital Fund, Bangkok Bank,UOB Venture Management, Singtel Innov8, BliBli, Allianz X, and Openspace Ventures.
Funds managed by leading global investment firm KKR will be joining long-time partner, Oak Hill Capital, and management as investors in MetroNet. As part of the transaction, Oak Hill and KKR will each make new investments to help accelerate MetroNet's growth in building and connecting fiber-to-the-premise (FTTP) data, television, and telephone services to homes and businesses. This year, MetroNet launched services in its ninth state as it continues to expand its fibre footprint to local communities across the country.
Pemberton, a European private debt manager transforming traditional credit markets, backed by one of Europe’s largest insurers, Legal & General Group PLC, has provided facilities to support the full refinancing of Elatec, a technology company providing global RFID technology solutions, backed by private equity firm Summit Partners.
Rothschild & Co and Arrowpoint Advisory have advised Paine Schwartz Partners on the buy-out of Kynetec from Inflexion.
Kennet Partners (Kennet), a European technology growth equity investor, has agreed to sell its stake in Dext (formerly ReceiptBank), a digital, multi-product platform for accountants and bookkeepers, to Hg, a leading global software and services investor. The sale will provide Kennet with a 4.4 times return on its investment.
Alto Solutions, a self-directed IRA platform aiming to make it easier for individuals to access and invest in alternative assets using their retirement funds, has closed a USD17 million Series A funding round led by Unusual Ventures, with additional participation from existing investors Moment Ventures, Acrew Capital, and Alpha Edison, and strategic investments from Carta, Coinbase Ventures, Franklin Templeton, New York Life Ventures, and Stone Ridge Holdings Group.
RM Funds has provided a bilateral GBP13 million senior secured three-year term loan facility to Athena Healthcare Group (AHG).
The Riverside Company, a global private investor focused on the smaller end of the middle market, has launched a trade services franchise platform called Threshold Brands, to be initially comprised of five businesses: MaidPro, FlyFoe, Men in Kilts, Pestmaster and USA Insulation, all acquired over the last eight months.