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Deals

QLess raises USD2.5m growth capital from Wellington Financial

QLess, an specialist in customer experience and queue management software, has secured USD2.5 million in True Growth Capital from Wellington Financial, a privately-held specialty finance firm. QLess helps companies optimise their customer experience process by providing an interactive platform for employees to manage customer service flow, equipping management with real-time

Inflexion completes MBO of Gobal Reach Partners

Inflexion Private Equity has completed the management buyout of Global Reach Partners Ltd, a leading UK foreign exchange specialist providing payments and hedging services to businesses and private individuals. Global Reach Partners helps clients manage their foreign exchange exposure through a range of hedging strategies, which are tied to fundamental

Student lender Future Finance raises GBP119m for growth and lending capital

Future Finance Loan Corporation (Future Finance), which makes tailored loans to undergraduates and postgraduates at universities across the UK, has raised GBP119 million in growth and lending capital from leading FinTech investors QED Investors, Blackstone Strategic Opportunity Fund, Colchis Capital, Invus Opportunities, KCK, DW Partners, Fenway Summer Ventures, Ridge Road

Energist Medical Group buys part of Chromogenex

Westbridge Capital portfolio company Energist Medical Group has bought part of Chromogenex Technologies Limited, the Llanelli-headquartered business that recently went into administration. Swansea-based Energist has acquired global rights outside the USA to the Chromogenex name and a range of well-recognised i-Lipo brands and products established by Chromogenex over the past

21 Concordia backs Polish B2B laundry chain

21 Concordia I, the Warsaw-based private equity fund of 21 Partners, has invested in Polish laundry services provider Hollywood SA. Founded in 1995 by Andrzej Konieczkowski, Hollywood is the largest B2B laundry chain in Poland. Operating across six laundry facilities located in Northern and Central Poland, the company provides bed

Lonsdale Capital Partners backs management buyout of the Global Yachting Group

Lonsdale Capital Partners has supported a management buyout of the Global Yachting Group (GYG), which includes the two established trading brands Pinmar and Rolling Stock and is one of the world's leading providers of services to superyachts. GYG's management team is led by former yacht captains, Remy Millott (Executive Chairman),

Pinnacle Financial and Bankers Healthcare Group complete transaction

Pinnacle Financial Partners has completed the previously announced purchase of an additional 19 per cent interest in Bankers Healthcare Group (BHG) for USD114 million. The transaction was funded with a combination of 860,470 shares of Pinnacle common stock and USD74.1 million of cash. As a result, Pinnacle now owns 49

Vista Equity completes Solera buyout

Vista Equity Partners (Vista) has completed its buyout of software firm Solera Holdings. Other key investors include an affiliate of Koch Equity Development LLC, the investment and acquisition subsidiary of Koch Industries, and an affiliate of Goldman, Sachs & Co. The transaction, originally announced on 13 September, 2015, was completed on 3

Steve Hughes and Trilantic North America form Sunrise Strategic Partners

Natural foods entrepreneur Steve Hughes has formed Sunrise Strategic Partners, in partnership with private equity firm Trilantic North America, to provide growth capital and expertise to emerging brands in the healthy, active and sustainable living space. Based in Boulder, Colorado, Sunrise will focus on partnering with passionate founders that have

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