Mondu has secured $43 million in a Series A funding round led by US-based venture capital fund Valar Ventures. The funding will enable Mondu to scale its BNPL for B2B solution for merchants and marketplaces by investing in its product and customer acquisition. Mondu plans to expand into more European

Leucadia Asset Management, the asset management division of Jefferies Financial Group Inc. (NYSE: JEF), has formed a strategic relationship with Illuminate Financial Management, a venture capital firm that invests in companies and technologies at the forefront of the financial services industry. In connection with the transaction, Leucadia Asset Management will

Checkstep, a UK startup providing Artificial Intelligence (AI) products for contextual content moderation to social media and enterprise platforms, has closed a $5m seed round, following a $1.8m pre-seed round less than a year ago. The round was co-led by Dawn Capital, Europe’s largest B2B technology investor, and Form Ventures,

Funds affiliated with Clayton, Dubilier & Rice (CD&R), a global private investment firm, and TPG Capital, the private equity platform of global alternative asset management firm TPG (TPG), are to acquire Covetrus, a specialist in animal-health technology and services, for $21.00 per share in cash, representing an enterprise value of

Bain Capital Private Equity has acquired a 55% stake in House of HR. House of HR Management, Naxicap and founder Conny Vandendriessche will hold the remaining equity. The new strategic partnership will maintain the Company’s entrepreneurial spirit, help House of HR scale its unique platform into new markets and increase

Atlantic BidCo, a non-controlled company indirectly held by funds which are respectively managed and advised by Advent International Corporation (Advent), Centerbridge Partners  (Centerbridge) and CPP Investment Board Europe, a wholly owned subsidiary of Canada Pension Plan Investment Board (CPP), as well as further minority shareholders, has exceeded the minimum acceptance

Ambienta’s platform Company Cap Vert, a French specialist in the green space management market, has completed the acquisition of Createck – Négoplantes (Createck) and Caussat, two French groups specialised in the creation and maintenance of green spaces. Createck was founded in 2001 in the Southwest of France, in the Bordeaux

London-listed infrastructure investment company 3i Infrastructure has agreed to to sell its 16.9% stake in offshore emergency-vessels provider ESVAGT to 3i Aura, a newly-established vehicle managed by 3i Investments and funded by three unnamed investors for €105.5 million, according to a report by Investment & Pension Europe. 3i Infrastructure’s stake

Inflexion has made a minority investment in Alcumus, a UK-based specialist in risk management solutions. The investment is being made by Inflexion’s dedicated minority investment fund, Partnership Capital II. Alcumus is the UK market leader in risk management solutions with a growing presence in the large, high growth, North American

Broadcom Inc, a global technology specialist that designs, develops, and supplies semiconductor and infrastructure software solutions, has agreed to acquire VMware Inc, an specialist in enterprise software, for approximately $61 billion.