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Deals & Transactions

Summize secures addition GBP1m in funding round led by NPIF

Manchester-based developer and provider of software for the legal sector Summize has secured an additional GBP1 million investment in a funding round led by NPIF – Maven Equity Finance.NPIF – Maven Equity Finance, which is part of the Northern Powerhouse Investment Fund and managed by Maven Capital Partners, originally invested

Former Napier Park Growth Equity Team launches Ten Coves Capital

New independent private equity firm Ten Coves Capital has assumed the management of two Napier Park Financial Partners growth equity funds, with an aggregate of USD325 million in committed capital, and will continue to support existing growth equity portfolio companies and investors.The firm will be led by Managing Partners Steve

Outfund raises GBP37m investment led by Fuel Ventures

Fintech company Outfund has closed a GBP37million late seed round of capital, including debt and equity. The funding round was led by Fuel Ventures and sees TMT Investments and Force Over Mass also invest in Outfund as it provides a faster, fairer and more affordable way for SMEs to raise

Arma Partners advises Exclaimer on sale to Insight Partners and Farview Equity Partners

Arma Partners has acted as exclusive financial advisor to Exclaimer, a portfolio company of Livingbridge, on its sale of a majority stake to Insight Partners with participation from Farview Equity Partners. Livingbridge will reinvest alongside Insight Partners and Farview Equity Partners as a minority shareholder to retain equity exposure to the

Capital Partners invests in gohenry

Gaia Capital Partners has masde its first investment in the UK in a USD40 million growth round for gohenry alongside US funds Edison Partners, Citi Ventures and Muse Capital. This is its fourth investment in one year after Welcome to the Jungle in late 2019, Aircall last spring and Yubo in

Finnish startup Rundit raises EUR1m to simplify VC portfolio management

Finland-based startup Rundit, a platform for portfolio management and monitoring, has raised EUR1 million in seed funding to further its mission of making investor reporting easy and transparent so that VCs and LPs can make better data-driven decisions.The round was led by two new angel investors, including Pierre Weimerskirch, board

PCR acquires European data aggregation firm Check6

Private Client Resources (PCR) has finalised its acquisition of the European data aggregation firm Check6, headquartered in The Netherlands.Bob Miller, CEO of PCR, says: “We are very excited to partner with the Check6 team in expanding our European presence. They have done a great job connecting to the major European institutions

Admincontrol and Dealsuite form strategic partnership 

Admincontrol and Dealsuite have entered into a global strategic partnership, combining Dealsuite’s leading M&A platform with Admincontrol’s world class virtual data room solution.  Admincontrol, the Nordic market leading provider of Virtual Data Rooms and part of the Visma Group, opened their Dutch office in March 2020. Now the Norwegian company has entered

Investcorp sells cybersecurity provider Avira to NortonLifeLock for USD360m

Investcorp is to sell Avira to NortonLifeLock, a specialist in consumer cyber safety, for approximately USD360 million. The transaction is expected to close in Q1 2021, subject to regulatory approvals and customary closing conditions.Avira is a Germany-headquartered, global cybersecurity software solutions firm serving the Consumer and OEM (Original Equipment Manufacturer)

Arlington Capital invests in Everest Clinical Research Corporation

Arlington Capital Partners (Arlington Capital), a Washington, DC-based private equity firm, has made a majority investment in Everest Clinical Research Corporation (Everest), alongside the company’s founding shareholders and senior management who will continue to lead the firm.”Founded in 2004 and headquartered in Toronto, Canada, Everest is a leading contract research

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