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Delio launches private investment community network

UK FinTech Delio, a specialist in digital private market services and solutions, has launched DelioConnect, a new connected network of discrete and own-branded private investment communities, which enables members to expand their distribution capability and their deal flow. This latest product offering allows members to find trusted partners they wish

Norwest Equity Partners completes sale of Gopher Resource to Energy Capital Partners

Norwest Equity Partners (NEP) has completed the sale of Gopher Resource (Gopher) to Energy Capital Partners, a private equity firm focused on investing in North America’s energy infrastructure. The transaction, initially announced on 30 January, 2018, officially closed on 6 March 2018. Financial terms have not been disclosed.   Founded

Gridiron Capital sells Engage2Excel

Private equity firm Gridiron Capital (Gridiron Capital) has sold Engage2Excel (E2E), a provider of employee recognition, sales incentives, talent acquisition and consumer loyalty solutions and services. Headquartered in Statesville, North Carolina, E2E’s solutions focus on attracting, retaining, and engaging both employees and customers to increase productivity and profitability. E2E maintains

Astorg to acquire Cathay Capital and OrbiMed’s stakes in Echosens

Astorg has completed the acquisition of Cathay Capital’s and OrbiMed’s respective stakes in Echosens, a specialised diagnosis company focused on non-invasive products and associated services dedicated to the assessment of chronic liver diseases, which affect more than 700 million people worldwide. Astorg becomes a shareholder in the Company alongside Chinese

Palatine-backed e-days secures funding for further growth

e-days Absence Management, a provider of employee leave tracking and absentee management software, has secured a seven-figure funding line from Yorkshire Bank to invest in the future growth of the business. The latest round of bank funding follows a seven-figure investment from Palatine Impact in November 2017. The private equity

ecobee closes USD61m funding round led by Energy Impact Partners

ecobee has closed on a USD61 million (CAD80 million) Series C funding round led by Energy Impact Partners, followed by eight institutional investors including Thomvest, Relay Ventures, and the Amazon Alexa Fund.  This funding will allow ecobee to build upon its suite of smart home technologies connected by whole-home-voice control,

Eisvogel backs third business in robotics and automation sector

Eisvogel Group AG (Eisvogel), a specialist industrials investor based in Zurich, has acquired a majority stake in Prisma Group (Prisma), an Italian designer and manufacturer of industrial automation solutions. The deal value has not been disclosed.   This is the third investment that Eisvogel has made since the firm was

Italmatch Chemicals Group acquires Chinese Jiayou Chemical

Ardian-backed Italmatch Chemicals, a specialist in the production and marketing of performance additives for water & process treatment, oil & gas, industrial lubricants and plastics, has acquired the Chinese Jiayou Chemical from Ecolab Inc. The deal includes the acquisition of the entire antiscalant business and assets relating to phosphonate production and

DMGT invests GBP500,000 in energy tech specialist Labrador

Daily Mail and General Trust (DMGT) is investing a hybrid package of GBP500,000 in cash and media investment, in exchange for a subscription of ordinary shares as part of energy tech specialist Labrador’s current funding round. Labrador uses smart technology to disrupt the energy switching market, providing residential customers with a frictionless and free service that automatically ensures that they’re

Bravo Brio Restaurant Group to be acquired by Spice Private Equity

Bravo Brio Restaurant Group (BBRG), the owner and operator of the BRAVO! Cucina Italiana and BRIO Tuscan Grille restaurant concepts, is to be acquired by Spice Private Equity, an affiliate of GP Investments (GP) in a deal worth USD100 million. The transaction proceeds will be funded by Spice, along with

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