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Deals

Solsten raises a $22m Series B round led by Konvoy

Solsten has raised $21.8 million in a Series B round, bringing its total funding to $31 million since inception in 2018. The round was led by Denver-based Konvoy, an early-stage investment firm that backs companies at the frontier of gaming, with participation from returning investors Inventure, the Nordic venture fund,

LitCapital invests in Sena lt UAB

LitCapital, an independent growth capital fund focusing on investments in high-growth companies in the Baltic region, has invested in Sena lt UAB (Horizontal Media, or HM). HM is currently managing a peer-to-peer (P2P) and business-to-customer (B2C) platform for used books in Lithuania and planning to execute an ambitious business plan

NGS Super takes due diligence digital with Diligend

NGS Super, a AUD10 billion AUM Australian superannuation fund has selected Diligend to digitalise fund due diligence and data collection.  Diligend will enable NGS Super to digitalise operational due diligence and data collection across the portfolio. With Diligend Collect, NGS Super can standardise its approach to data collection and maintain

ACP’s WilliamsMarston acquires Paradigm Advisory Group

Align Capital Partners’ (ACP) accounting, tax and valuation advisory firm, WilliamsMarston has acquired Paradigm Advisory Group (Paradigm), an Atlanta-based boutique advisory firm that provides complex financial and accounting advisory solutions to private equity-backed and public companies.   This marks the firm’s sixth acquisition in two years and brings WilliamsMarston’s headcount

Cairngorm Capital’s Verso Wealth Management acquires Campbell Thomson

Cairngorm Capital Partners’ (Cairngorm Capital) portfolio company, Verso Wealth Management (Verso), has acquired Campbell Thomson Insurance Services Limited (Campbell Thomson).  This acquisition advances Verso’s strategy to build a market leading, national wealth management group and takes its assets under management to over £1 billion. Founded in 1978, Campbell Thomson is

German startup LiSA raises €2.7m in seed round led by TVF

Live and social shopping SaaS solution provider LiSA has raised €2.7 million investment in a seed round led by TechVision Fonds (TVF).  The investment will help to both accelerate the growth of its social commerce SaaS business and make frictionless, cross-platform social commerce a reality through its headless solutions and

Palisade Real Assets acquires Malaby Biogas

Palisade Real Assets has acquired 100% of Malaby Biogas Limited (Malaby), a UK-based organic waste anaerobic digestion technology plant located in Warminster, Wiltshire. Malaby, which has been operating since 2012, processes between 500-600 tonnes of organic waste per week and provides around 2,500 houses with renewable power.    The acquisition

Maeving secures £1m of funding from MEIF Maven Debt Finance

Maeving, a specialist in electric motorcycles, has secured a £1 million funding package from MEIF Maven Debt Finance, which is part of the Midlands Engine Investment Fund (MEIF) and managed by Maven Capital Partners (Maven). Maeving’s new RM1 model, launched in June, is a British designed and built electric motorbike

Francisco Partners to acquire Litmos from SAP

Francisco Partners (FP), an investment firm that partners with technology businesses, has signed a deal with SAP America Inc to acquire SAP Litmos (Litmos), a specialist in the learning management system market. The transaction is expected to close in the fourth quarter of 2022 and is subject to customary regulatory clearances.

FPE Capital leads growth investment in Global App Testing

FPE Capital (FPE), a software & services focused lower mid-market growth investor, has led a growth investment in Global App Testing, a global web and app testing platform to the software development community. This marks the third investment from FPE Fund III, the successful final close of which was announced

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