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Online learning

Hoxton Ventures backs fast-growing online learning platform Preply

London-based Hoxton Ventures has led a USD10 million funding round in online learning platform Preply, with participation from European investors Point Nine Capital, All Iron Ventures, The Family, EduCapital, and Diligent Capital. The capital raised in this round, which doubled the total raised previously, will be used to grow the

Aksia completes acquisition of TorreyCove Capital Partners

Aksia has completed the acquisition of TorreyCove Capital Partners. In January, the firms announced that they had entered into an agreement and expected the transaction to close in the first half of 2020. Financial terms have not been disclosed.With the integration, the combined firm now advises on over USD160 billion

Harbert European Growth Capital Fund II provides UKCloud with debt capital

Harbert European Growth Capital Fund II (HEGC) has funded UKCloud Limited (UKCloud) with debt capital. UKCloud’s platform supports hundreds of public services across government, healthcare and the wider public sector, many of which underpin critical services used by citizens, businesses and public sector workers (such as health professionals) nationwide. The debt

Earth Capital portfolio company SoftIron raises USD34m in Series B financing round

SoftIron Ltd, a London-based developer of energy-efficient Ceph storage hardware and software for data centres, has secured USD34 million in new capital.  The funding, led by company chairman Norman Fraser, supported by Earth Capital, the global investment firm, and various existing investors, will be deployed to expand its presence across North

Council Capital invests in Physician Capital

Council Capital, a healthcare-focused private equity firm based in Nashville, has invested in Physician Housecalls,. Terms of the transaction have not been disclosed.Physician Housecalls provides home-based primary care services at private residences, assisted living centers, and independent senior apartments. The company employs teams of physicians, nurse practitioners, and physician assistants

Ancala Partners acquires majority stake in Holmleigh Care Group

Ancala Partners (Ancala), an independent infrastructure investment manager, has acquired a majority interest in UK care organisation Holmleigh Care Homes Limited (Holmleigh), on behalf of its European Infrastructure Fund II (Fund II).  Ancala has partnered with Holmleigh’s founders Rod Correia (Managing Director), and Matt Western, (Commercial Director), (together, ‘Founder Managers’) who

Edison Partners completes sale of Solovis to Nasdaq

Edison Partners, a growth-equity investment firm, has completed the sale of its stake in Solovis to Nasdaq (Nasdaq: NDAQ), generating over a 50 per cent IRR on its USD13 million total investment.Headquartered in Dallas, Solovis offers multi-asset class portfolio management, analytics and reporting tools for asset owners and allocators. Solovis’

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