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DPI invests USD54m in Channel VAS

Development Partners International (DPI), a pan-African focused private equity firm,  has invested USD54 million in Channel VAS, a fintech provider of mobile financial and airtime credit services operating in Africa, Asia and the Middle East. Channel VAS provides Mobile Financial Services, Big Data Analytics and Airtime Credit Services to mobile

CI Capital’s Maroon Group acquires Cambrian Solutions

CI Capital portfolio company Maroon Group has acquired Cambrian Solutions, a distributor of specialty ingredients and chemicals based in Oakville, Ontario, Canada. This marks Maroon Group’s tenth add-on acquisition and significantly extends the company’s North American footprint, providing Maroon with leading distribution capabilities across key end markets in Canada.  

Capricorn Capital acquires A-Pass in Hong Kong

Capricorn Capital Partners HK Limited, the Hong Kong arm of the family-owned global direct private investment business Capricorn Capital Group, has made its first acquisition in Asia, taking a majority stake in Asia-Pacific Accounting & Secretarial Services Limited (A-Pass) in Hong Kong. A-Pass was founded in 2006 by Andrew Burgin,

BGF backs Orbital Education

Orbital Education has received a minority investment from BGF, the UK and Ireland’s most active investor in growing businesses, to support the group’s global growth ambitions. Headquartered in Manchester, Orbital Education operates premium international schools for local and expat families looking to educate their children within an English-speaking, high-quality school

Stone-Goff Partners invests in Walker Sands

Stone-Goff Partners (SGP) has invested in Walker Sands, a marketing agency focused on accelerating the growth of B2B brands. The investment will fuel further growth for Walker Sands, including new service offerings, new offices and potential acquisitions.   From strategy to execution, Walker Sands offers tailored solutions to drive real

Lookiero raises USD19 million in MMC-led funding round

Lookiero, an online personal shopping service for clothes and accessories, has closed a USD19 million funding round led by venture capital fund MMC Ventures with support from existing investor All Iron Ventures, and new investors Bonsai Partners, 10x and Santander Smart. The funding will allow the company to continue its

DustPhotonics secures USD25m in Series B funding round led by Intel Capital

DustPhotonics, a provider of optical modules for enabling data centre and computing connectivity, has secured a Series B investment of USD25 million led by Intel Capital and joined by WRVI Capital. This series also includes a continued investment from veteran entrepreneur, Avigdor Willenz. This latest round will help fund DustPhotonics’ roadmap

Edge Performance VCT exits deltaDNA

Edge Performance VCT, a creative industries VCT managed by creative economy specialist Edge Investments (Edge), has sold portfolio company deltaDNA to Unity Technologies, creator of a real-time 3D development platform based in San Francisco. Launched in 2011 by games industry veterans Chris Wright and Tim Christian, and big data expert,

Corsair Capital acquires Axo

Private equity firm Corsair Capital (Corsair) is to acquire a majority stake in Axo AS (Axo), a leading distributor of financial services products in the Nordic region. Financial terms have not been disclosed. Axo was founded in 2008 and is a specialist in consumer credit and loan brokerage, partnering with

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