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Deals & Transactions

Volo Commerce raises GBP6.2 million in new funding round led by NVM Private Equity

Volo Commerce, a provider of multichannel e-commerce technology, has raised GBP6.2 million in new investment led by NVM Private Equity with participation from funds managed by Downing LLP.  Volo will primarily use this new funding to expand its business into North America and across other international sales channels.   Volo

Howard Kennedy advises Arthur on GBP1 million-plus equity fundraising

Law firm Howard Kennedy has advised new client Arthur Online Limited, a property management software firm, on its first round of external funding, which raised over GBP1 million via equity subscriptions. Founded and developed by property managers for property managers, Arthur (www.arthuronline.co.uk) provides a ‘one-stop-shop’, cloud-based, end-to-end property management solution

Costello secures USD1m in funding round led by Dundee Venture Capital

Costello has secured USD1 million in funding led by Dundee Venture Capital with participation from Elevate Ventures, M25 Group, and Service Provider Capital. Costello’s sales deal management platform helps sales reps consistently follow sales methodology, gives managers visibility into the quality of every deal and shows sales leaders what’s working

Palmarium completes acquisition of Lebara Group

Palmarium, through its subsidiary VIEO, has acquired Lebara Group and the Lebara Trademark Companies. Since its inception in 2001, Lebara is recognised as one of the fastest growing pan-European mobile companies and aims to offer inclusive and accessible products and services.   Through its 275 thousand outlets, Lebara has a

Crescent European Specialty Lending secures financing for Armitage Pet Care

Alternative credit investment firm Crescent Capital Group’s European Specialty Lending strategy has provided a unitranche financing for the acquisition of Armitage Pet Care by Rutland Partners. Armitage is the largest independent manufacturer and supplier of premium-branded pet treats and accessories in the UK. The business’s strong brand portfolio includes “GoodBoy”,

TrueCommerce acquires Datalliance

TrueCommerce, a global provider of trading partner connectivity and integration solutions, has acquired Datalliance, a provider of technology and services to support collaborative replenishment programs such as vendor managed inventory (VMI) and related business needs. This addition complements the TrueCommerce portfolio of offerings by providing a strategic technology service that

Goldman Sachs makes USD233m private equity investments in Port Covington Project

Goldman Sachs has joined Sagamore Development Company’s Port Covington redevelopment effort as an equity investor, committing USD233 million to the project, the largest single private equity investment made by the firm’s Urban Investment Group to date. Port Covington is a 235-acre master-planned, mixed-use redevelopment project, with a prime location on

Monomoy Capital Partners acquires West Marine

Monomoy Capital Partners (Monomoy), a New York private equity fund focused on constructive investing and business improvement in the middle market, has successfully completed the acquisition of West Marine, at a price of USD12.97 per share or a total of approximately USD337 million.  The transaction was originally announced on June

Yukon invests in Practice Insight

Yukon Partners, a provider of mezzanine capital for middle market private equity transactions, has made an investment in Practice Insight. Practice Insight, headquartered in Houston, Texas, provides revenue cycle management and electronic data interchange solutions that help healthcare providers manage the reimbursement cycle. The Company’s suite of products enables healthcare

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