PE Tech Report

Deals & Transactions

Trivest Partners secures strategic minority investment from Bonaccord Capital Partners

Bonaccord Capital Partners (Bonaccord), a private equity platform dedicated to acquiring non-control equity interests in leading mid-sized private market sponsors, has acquired a passive minority equity interest in Trivest Partners (Trivest), a private equity firm focused exclusively on founder and family-owned businesses. Bonaccord, a subsidiary of P10, Inc. The transaction

Softline acquires majority stake in SoftClub

Softline is to acquire a majority stake in SoftClub (SCGroup Investments Limited), a fintech developer of integrated solutions for banks, e-commerce, and stock exchanges in Central and Eastern Europe. The company – considered by industry experts to be amongst the top-100 software firms in the world – has one of

Nexeon raises USD80m investment from SKC, SJL, BNW, and Kiwoom

Nexeon Limited (Nexeon) – a specialist in the supply of advanced silicon anode materials for next generation lithium-ion batteries – has secured a USD80 million investment from a consortium including SKC Co Ltd (SKC), SJL Partners LLC (SJL), BNW Investment Co Ltd, (BNW) and Kiwoom Private Equity Inc Ltd (Kiwoom).

Moneyfarm raise GBP44.1m in funding round led by M&G

MFM Holding Ltd (Moneyfarm), a digital wealth manager, has raised GBP44.1 million in a funding round led by M&G plc (M&G) and included Poste Italiane SpA (Poste), who has been a minority shareholder in the business since 2019. Moneyfarm has now raised GBP139 million since launching in 2021. The new

Abris Capital Partners acquires Dentstore

Abris Capital Partners, a Central European private equity investor, is to acquire Dentstore, a distributor of dental consumables and equipment in Central Europe. The acquisition is Abris’ third in the sector, following its investments in Dentotal in November 2019 and Dentatechnica in November 2021.  The agreement is conditional upon securing

KKR leads Series C Round in Philippine B2B platform GrowSari with USD45m

KKR is to invest USD45 million to lead a Series C funding round in GrowSari, a B2B e-commerce platform serving micro, small and medium-sized enterprises (MSMEs) in the Philippines. KKR’s investment in GrowSari will support the Company’s expansion into more regions across the Philippines and strengthen its financial services capabilities.

Hunters secures USD68m in Series C funding

Hunters has secured USD68 million in a Series C round led by growth equity firm Stripes, with participation from new investors DTCP, Cisco Investments and Databricks, and existing investors YL Ventures, Bessemer Venture Partners, Microsoft’s venture fund M12, US Venture Partners, Blumberg Capital and Snowflake Ventures. The new funding brings

Vending Machines International secures SGD135m Capital Commitment from GEM

Vending Machines International (VMI), has secured a SGD135 Million capital commitment from GEM Global Yield LLC SCS (GGY), a Luxembourg-based private alternative investment vehicle. Under the agreement, GGY will provide VMI with a Share Subscription Facility of up to SGD135 million for a 36-month period following a public listing of

Smart home systems installer BOXT raises GBP20m from Brookfield Infrastructure

British smart home systems installer BOXT is accelerating its expansion plans to become the leader in the UK domestic heating market after raising GBP20 million in a fresh round of funding led by Brookfield, a global investor in infrastructure. Brookfield has also invested in residential infrastructure specialists Thermondo in Germany

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