Apex Group has acquired Mainspring, a UK-based provider of venture capital fund administration and accounting services.   Mainspring provides outsourced administration and accounting services to small and medium-sized venture fund managers in the UK.  Mainspring also operates an FCA-regulated custody business for fund managers offering managed account investments such as

Caju Benefícios, a flexible benefits management platform, has raised $25 million in a Series B round led by K1 Investment Management, a Los Angeles-based investment firm focused on high growth B2B software companies.

StepFunction, a specialist in SaaS revenue growth solutions, has secured $5 million in a post-seed raise led by Dallas Venture Capital (DVC) with participation from Hummer Winblad Venture Partners, Inventus Capital Partners, and Z5 Capital. Using machine learning, StepFunction helps leading SaaS companies substantially improve the amount and predictability of

Thoma Bravo is to sell Frontline Education to Roper Technologies, a provider of administration software purpose-built for K-12 educators, in an all-cash deal worth $3.725 billion, according to a report by PE Insights. The software investor first acquired Frontline Education in 2017 and has since supported six bolt-on acquisitions which

Discovery Education, a global edtech company backed by Clearlake Capital Group, has acquired Pivot Interactives SBC. Led by a team of science teachers, practitioners, and students, Pivot Interactives develops dynamic cloud-based activities and labs that actively engage students in the authentic exploration of real scientific phenomena.  Financial terms of the

The Capstreet Group (Capstreet), a Houston-based lower middle market private equity firm, as sold Thorpe Specialty Services (Thorpe), a maintenance and engineering services and solutions provider in petrochemical and other industrial markets, to KLH Capital (KLH). Financial terms of the transaction have not been disclosed. Thorpe, which can trace its

Blue Point Capital Partners has acquired Water Lilies Food, a manufacturer and distributor of premium frozen Asian-inspired cuisine for major retail private label and foodservice customers nationwide. Blue Point made the investment in partnership with Peter Lee, second generation family member and CEO, who is retaining a significant ownership position

AdTonos, which successfully monetises gaming, podcasts, audiobooks, music and radio streams for over 1000 recognised publishers across the UK, EU, LATAM and the US, has closed a seed funding round of $2 million, which is slightly more than the company’s monthly sales, from BlackSheep Fund and ProtosNext, among other investors.

SeatGeek has raised $238 million as part of a Series E financing round led by long-time investor Accel, with participation from Wellington Management, Arctos Sports Partners, and Ryan Smith, founder and executive chairman of Qualtrics and founder of Smith Entertainment Group (SEG) which includes the Utah Jazz.

Independent Growth Finance (IGF) has provided Real Drinks Group Ltd with a substantial funding facility to support its growth and future expansion. The funds provide working capital to sign on new customers and expand the variety of branded and supermarket own-brand drinks it supplies. Founded in 2005 by Nick Dolan,