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Deals

Atlantic Street Capital-backed Lab Logistics acquires The Allied Group

Lab Logistics Management, a provider of outsourced medical supplies, kitting and logistics services to the healthcare industry and a portfolio company of Atlantic Street Capital, has acquired The Allied Group, a fulfilment services provider offering printing, kitting, and mailing services to healthcare and life science organisations worldwide. Founded in 1946,

Yapily teams up with Two to tackle Europe’s €400bn SME finance gap

Open banking platform Yapily has partnered with B2B Buy Now Pay Later (BNPL) start-up Two, enabling merchants to offer BNPL services to their business customers instantly at checkout. SMEs are the backbone of Europe’s economy. They account for almost two thirds of European jobs and contributed approximately €3.5 trillion to

OpenDialog AI Ltd launches with $5m seed funding

OpenDialog AI Ltd (OpenDialog AI), a newly launched company setting out to unlock the potential of conversational AI technology, has raised $5 million in its initial seed round of funding. The funding was secured in only four weeks, with an oversubscription of potential investors, indicative of a sector that is

Silversmith Capital Partners sells Market Access Transformation

Silversmith Capital Partners (Silversmith) has sold Market Access Transformation (MAT) to Genesis Research has closed. MAT’s co-founders, Baiju Aurora and Paul Howard, will continue to lead MAT as a wholly owned subsidiary and will remain shareholders. Silversmith served as MAT’s first institutional investor in November 2020 when it led a

Trill Impact partners with Raksystems

Trill Impact has acquired a majority stake in Raksystems, a property well-being specialist in the Nordics. Raksystems offers building inspections and services both for consumer and business customers, green building services (certificates and energy/lifecycle planning), as well as related renovation and new construction projects.  The company supports over 16,000 customers

IK Partners to acquire MÜPRO from Perusa

IK Partners’ (IK) IK IX Fund has signed an agreement to acquire MÜPRO Group (MÜPRO), a solutions provider and supplier for applications in pipe fixing technology.

Greyparrot raises $11m in Series A led by Una Terra

Greyparrot, an AI startup using computer vision technology to monitor, analyse and sort tonnes of waste at scale, has closed a $11 million Series A funding round led by Una Terra. Closed Loop Partners, Unreasonable Collective and Speedinvest  also participated in the round.  The funding will be used to enable

Moove acquires PetroChoice from Golden Gate Capital in £479m deal

Moove, a subsidiary of Brazilian business group Cosan and a producer and distributor of lubricants and base oils, has acquired PetroChoice Lubrication Solutions (PetroChoice) from Golden Gate Capital for $479 million. PetroChoice is one of the largest distributors and manufacturers of value-added lubricant solutions in the United States, delivering approximately

ADDX raises $58m in pre-series B round led by Stock Exchange of Thailand and UOB

Private markets exchange ADDX has raised $58 million in a Pre-Series B funding round that saw several financial institutions come on board as new shareholders: SET Venture Holding, a subsidiary of the Stock Exchange of Thailand (SET), UOB, Hamilton Lane (NASDAQ: HLNE) and Krungsri Finnovate, the corporate venture capital arm

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