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Deals

Genstar leads recap of Cerity Partners

Private equity firm Genstar Capital has led the recapitalisation of US wealth management firm Cerity Partners. Lightyear Capital has been an investor in Cerity Partners since 2017 and will continue to be an investor in the firm.   Cerity Partners’ 425 professionals serve more than 10,000 clients and advise on

Bain Capital Credit and JC Flowers lead $100m investment in Insigneo Financial Group

Insigneo Financial Group, an independent wealth management platform catering to international advisors and clients, has secured a significant minority investment of $100 million led by Bain Capital Credit and JC Flowers & Co, with participation from private investors. The capital will be used to accelerate Insigneo’s growth and expansion strategy.

Alpine’s Trilon Group partners with Ramey Kemp Associates

Ramey Kemp Associates (RKA) has formed a strategic partnership with Trilon Group (Trilon), a family of infrastructure-focused businesses backed by private equity firm Alpine Investors. RKA will be a critical part of Trilon’s National Transportation platform, and Trilon will support RKA’s strategic expansion through capital and resource support that will

Clearlake Capital-backed Cornerstone to acquire Skillsoft’s SumTotal

Cornerstone OnDemand, a specialist in adaptive cloud-based HR software solutions, backed by Clearlake Capital Group, is to acquire SumTotal, a human capital management SaaS provider, from Skillsoft. This announcement follows Cornerstone’s recent acquisition of EdCast, which has fueled the company’s strategy to create an open platform for people development, growth,

Brown Foods secures $2.6m in seed funding round

Brown Foods, an alternative milk creator and Y Combinator startup accelerator graduate, has raised $2.36 million in a seed funding round backed by AgFunder, SRI Capital, Amino Capital, Collaborative Fund, a group of individual angel investors, and Y Combinator, according to a report by AgFunderNews. Brown Foods’ UnReal Milk product

Gresham House Ventures sells stake in MBI to GlobalData

Gresham House Ventures, a growth equity investor specialising in software and digitally-driven businesses in the consumer, healthcare and service sectors, has sold its majority stake in Media Business Insight (MBI). The leading content, insight and events business for the creative media industry was purchased by GlobalData, an AIM-listed data and

MEIF Maven invests £250,000 in Nottingham-based sportstech business BatFast

Nottingham-based BatFast Cricket Centres (BatFast) has secured a loan from the Midlands Engine Investment Fund (‘MEIF’) Debt Finance, managed by Maven Capital Partners, and backed by the Recovery Loan Scheme (RLS). The funding will enable the company to invest in its sales and marketing resources, undertake further product development, expand

GeniusX raises $1.68m in seed funding round at $20m valuation

GeniusX, an e-learning, virtual reality start-up has closed a $1.68 million seed funding at a $20 million market cap. As an indie development studio in the frenzied virtual reality ecosystem with a concentration in VR Education, the CEO & Co-Founder, Nick Janicki, says, “Our mission is to create experiences that

Foresight acquires Downing’s ventures businesses

Foresight Group (Foresight), an infrastructure and private equity manager, has acquired the technology ventures division of Downing LLP (Downing) including management of the Venture Capital Trust and Ventures Enterprise Investment Scheme businesses of Downing. Foresight is expected to acquire the Funds for an initial consideration of £13.6 million. The funds

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