MidCap Financial, a commercial finance company focused on middle market transactions, has provided a senior secured credit facility to Echelon Fitness Multimedia LLC and Echelon Fit Canada Inc (Echelon). Proceeds from MidCap will be used on Echelon’s business needs by providing ongoing working capital for growth and expansion.

Motility Software, a specialist in end-to-end dealer management software for specialty dealerships and backed by Serent Capital, announced today it has been acquired by The Reynolds and Reynolds Company, a leading provider of automobile dealership software and services. The two companies are joining forces to drive operational excellence at specialty

123Dentist, Altima Dental, and Lapointe Group have entered into a merger agreement to create one of the largest dental support organisations in Canada, with nearly 350 supported dental practices. The transaction is being financed through equity capital provided by 123Dentist’s existing financial partner, Peloton Capital Management; new investors KKR, a

APDS, a public-benefit corporation whose advanced career readiness platform helps incarcerated individuals attain a living wage after release, has raised $7 million in a Series C funding round. ETS Strategic Capital, a division of ETS focused on equity investments, growth partnerships and mergers and acquisitions, co-lead the Series C round,

European venture capital investor Seventure Partners has led a €5 million Series A funding round in Sentryc GmbH, a technology company founded in 2019. Sentryc offers companies and brands a digital solution as a brand protection specialist with its proprietary brand protection software to detect and curb product piracy and brand

wefox, a Berlin-based insurtech, has closed a Series D funding round of $400 million – comprising equity and debt – and increasing its post-money valuation to $4.5 billion in the process. Mubadala Investment Company led the equity raise with participation from Eurazeo, LGT, Horizons Ventures, OMERS Ventures and Target Global.

BGF has exited its investment in Fife-headquartered housebuilder Campion Homes. Having initially invested a multimillion sum in 2016, BGF’s exit follows a strong period for Campion Homes, with it trebling in size taking turnover from £14.6 million to over £45 million. The company is utilising its profit growth and strong

Investec Aviation Finance (Investec) has completed a senior secured debt facility with ALAFCO Aviation Lease and Finance Company KSCP (ALAFCO). Investec has provided $15 million of senior debt financing against an aircraft being operated by a low-cost carrier in Southeast Asia that is currently undergoing restructuring. Established in 1992, ALAFCO

IK Partners’ (IK) IK IX Fund (IK IX) is to acquire a majority stake in leading Dutch consultancy and technology firm IG&H from its founding management team who are reinvesting alongside IK.

Tikehau Capital, a global alternative asset manager, has partnered with NOVAFRANCE Energy, a specialist in the development of renewable energy projects, to finance an programme of 5,000 photovoltaic poultry shelters. Launched at the end of 2018, NOVAFRANCE Energy specialises in agrivoltaics to design agricultural solutions for animal welfare by producing