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Deals & Transactions

Palamon-backed FairConnect to acquire G-Evolution

Palamon Capital Partners (Palamon) portfolio company, connected insurance service provider FairConnect, is to acquire G-Evolution from Groupama Assicurazioni Italia.  As part of the transaction, FairConnect will establish a long-term strategic partnership agreement with Groupama, the leading insurance carrier in France, for the provision of advanced connected insurance solutions. The transaction

HCAP Partners invests in Myndshft

HCAP Partners, a California-based private equity firm and nationally recognised impact investor, has invested in Myndshft, a provider of real-time medical benefits check and electronic prior authorisation technology. Terms of the investment have not been disclosed. Based in Mesa, Arizona, Myndshft develops real-time medical benefit check (RTMBC) and electronic prior

Geneva Glen Capital sells Southeastern Health Care at Home

Geneva Glen Capital (GGC) has completed the sale of Southeastern Health Care at Home (Southeastern) to AccentCare, a national leader in post-acute healthcare based in Dallas, Texas. Southeastern is the largest privately-owned home health services provider in Pennsylvania. Headquartered in Bristol, PA, the Company operates in 12 offices across Eastern

Insurtech startup Afilio secures USD13m in Series A funding round

Afilio, a Berlin based Insurtech, has secured USD13 million in highly competitive Series A funding to support the expansion of their ‘Peace of Mind-as-a-Service’ platform offering users digital estate management services.  The round was led by CommerzVentures, the specialist fintech investor behind successes including Bought By Many, eToro, Marqeta, and

Cerberus portfolio company KBS acquires American Maintenance

Kellermeyer Bergensons Services, a trusted partner to operations and facility managers across North America, has acquired American Maintenance. KBS is a portfolio company of Cerberus Capital Management (Cerberus). Headquartered in Babylon, New York, American Maintenance is a leading provider of facility maintenance solutions. For more than 45 years, it has

Auddy acquires Radio Wolfgang

Podcast publisher Auddy Limited has acquired Radio Wolfgang, producer of branded podcasts for clients such as Soho House, Greenpeace, Selfridges and Primark. Its personalities, presenters and stars have included Jonathan Ross, Rick Edwards and online sensation Estée Lalonde.

RSK secures GBP1bn sustainability-linked private credit financing deal from Ares

Funds managed by Ares Management Corporation’s European Direct Lending strategy are serving as the sole lenders of GBP1 billion of available debt facilities to the RSK Group (RSK), a UK-based privately-owned multi-disciplinary environmental business.  This transaction marks the largest private credit-backed sustainability linked financing to date and will be used

Fabric closes seed investment round led by Pandeavor Ventures and Arnhold

Fabric RQ, a startup founded by veteran risk manager Richard Bookstaber to provide institutional quality risk management software to individual investors through their financial advisors, has closed a seed round led by Pandeavor Ventures, Vikram S Pandit’s family office, and John P Arnhold, managing member of Arnhold LLC.

SoftWorks AI secures minority growth investment led by Long Ridge Equity Partners

SoftWorks AI (SoftWorks), provider of the Trapeze intelligent mortgage automation platform, has closed of a minority growth investment led by Long Ridge Equity Partners (Long Ridge), a private investment firm focused on the financial and business technology sectors.  CBC Companies (CBC), a holding company whose subsidiaries include Factual Data, DataVerify

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