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Deals

High Road Capital Partner’s portfolio company General Tools & Instruments acquires Garden Weasel

High Road Capital Partners’ portfolio company General Tools & Instruments (www.generaltools.com) has acquired Garden Weasel (www.gardenweasel.com), a provider of specialised lawn and garden tools, from Faultless Brands. The transaction marks General Tools’ second acquisition under High Road’s ownership, having acquired PacTool International in November 2017.   The acquisition comprises Garden Weasel’s

Women

EQT Ventures backs female social network Peanut

EQT Ventures has led a USD12 million Series A funding round in Peanut, a newly launched social network for women.  Index Ventures and Female Founders Fund also participated in this round, bringing the company’s total funding to USD 21.8 million. The fresh capital will be used to launch new communities

Asia-Pacfic flags

Finding value in Asia Pacific

Asia Pacific’s private market attracted USD117 billion in net capital inflow in 2019, led predominantly by private equity where fund raising topped USD94 billion according to McKinsey’s Private Markets Review 2020. This represented a 25 per cent reduction year-on-year, led principally by closed ended real estate, which closed 2019 with

Aran Services secures additional funding during successful MBO

Insulation and fire protection expert Aran Services has secured GBP1.5 million in working capital from Independent Growth Finance (IGF). The funds, which were raised using invoice discounting, were used to support the recent MBO and to provide working capital to support the continued growth of the business.Founded in 2004, the

DOB Equity makes further investment in Moringa School

DOB Equity, a Dutch family-backed impact investor in East Africa, has made a further investment in Moringa School (Moringa), a technology learning institute based in Kenya.The investment is to help Moringa accelerate the company’s transition to providing remote on-line learning. Since the Covid-19 outbreak, there has been an increased demand

Automation software firm raises GBP2.2m to boost international growth

A Cheltenham company whose software helps businesses to automate their processes more rapidly has raised GBP2.2 million from the Northern Venture Capital Trust (VCT) Funds, which are managed by Mercia.The investment will allow Enate to further develop its platform and expand its customer base and distributor network across Europe and

Bought By Many secures GBP78.4m growth equity financing

Bought By Many, a London-based pet insurance provider, has secured a GBP78.4 million (~USD98 million) growth equity investment led by FTV Capital, a US financial services-focused growth equity investment firm, alongside follow-on from numerous existing investors.The capital raise follows impressive growth for Bought By Many, which launched its market-leading suite

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