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Deals & Transactions

Saber Labs raises USD7.7m in seed funding

Saber Labs, a core contributor to Saber, the first Solana-based cross-chain stablecoin exchange, has secured USD7.7 million in a seed round led by Race Capital, with participation from Chamath Palihapitya’s Social Capital, Jump Capital, Multicoin Capital, Solana Foundation, and others, as well as crypto industry leaders from FTX, Okcoin, Curve,

Elvie rasies GBP58m in Series C funding round

Elvie, a global health and lifestyle brand developing products for women, has raised GBP58 million (USD80 million) in a Series C funding round.  The round was led by BGF, with further investment from funds and accounts managed by BlackRock Private Equity Partners (BlackRock) and a consortium including Hiro Capital and

Maven confirmed as accredited provider for Government Recovery Loan Scheme (RLS)

Maven Capital Partners (Maven), the debt fund manager for the Midlands Engine Investment Fund (MEIF), has been approved by the British Business Bank as a new accredited lender to provide loans through the Government’s Recovery Loan Scheme (RLS). The Recovery Loan Scheme (RLS) supports access to finance for UK businesses

Thoma Bravo to acquire Medallia for USD6.4bn

Software investment firm Thoma Bravo is to acquire customer and employee experience specialist Medallia in a USD6.4 billion all-cash transaction. Medallia will become a private company with additional resources and greater flexibility to build on its innovation leadership and expand its customer impact. Additionally, the transaction will allow Medallia to

Foresight completes sale of Poppy & Jacks Nursery Group

Foresight Group (Foresight), an infrastructure and regional private equity investment manager listed on the London Stock Exchange, has sold Poppy & Jacks Limited (Poppy & Jacks), a children’s nursery chain in North West England.  Poppy & Jacks was sold to Kids Planet Day Nurseries Limited (Kids Planet), a national nursery

TA Associates makes strategic growth investment in Elos Medtech

Private equity firm TA Associates has completed a majority growth investment in Elos Medtech AB (NASDAQ STOCKHOLM: ELOS B), an innovative full-service contract development and manufacturing organisation (CDMO) in the global medical device market. Founded in 1923, Elos Medtech is headquartered in Gothenburg, Sweden with operations being conducted at facilities

Squire Patton Boggs advises Rendesco on JV with Last Mile Infrastructure

Squire Patton Boggs has acted for heat pump specialist Rendesco on its agreement with Last Mile Infrastructure (Last Mile), one of the UK’s largest Independent Network Owners, to form a ground source and water source heat pump infrastructure joint venture, Last Mile Heat Networks (LMHN). Together they will provide housebuilders

Peppy raises GBP6.6m in Series A funding round

Peppy, a B2B digital health platform, has raised GBP6.6 million (USD10 million) in a Series A funding round.  Peppy provides tailored, expert-led support to individuals before they need to see a doctor, bridging the gap between online searches and hard-to-access clinical care. The investment was led by Felix Capital with

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