Cearlake Capital (Clearlake) and TA Associates (TA) are to acquire Kofax, a provider of intelligent automation software to facilitate digital workflow transformations from software investment firm Thoma Bravo. Upon closing of the transaction, Clearlake and TA will become majority shareholders in Kofax. Financial terms of the deal, which is expected

KINEXON, a specialist in connected and automated processes, has closed a $130 Million Series A fundraise led by private equity firm Thomas H Lee Partners (THL). BMW i Ventures and Telekom Innovation Pool (TIP), Deutsche Telekom’s strategic investment fund provided co-investments. KINEXON will leverage the investment to accelerate the development

Signicat, a provider of digital identity and electronic signature solutions, is acquiring all shares in the UK-headquartered anti-fraud company Sphonic for an undisclosed sum. Existing management shareholders will reinvest a substantial part of the consideration into Signicat.    Sphonic was founded in London in 2012 and is a pioneer in

New State Capital Partners (New State) has acquired a majority stake in Patuxent Roofing & Contracting, an independent provider of re-roofing installation and services. New State is partnering with current owner and CEO Mike Gowl, who will remain with the company and retain a significant equity stake.  Terms of the

IK Partners’ (IK) IK IX Fund has entered into exclusive negotiations with LGT Capital Partners (LGT) to acquire a majority stake in Batisanté, alongside management who will be reinvesting. Financial terms of the transaction have not been disclosed. Founded in 1987 and based in Neuilly-Plaisance, France, Batisanté is a leading

ICV Partners, an investment firm focused on lower middle market companies in business services, consumer goods & services, food & beverage, and healthcare, has made a significant investment in Beacon Global Strategies (Beacon or BGS), in partnership with its founders Michael Allen, Jeremy Bash, and Andrew Shapiro and members of

Nexa Equity, a private equity firm focused on scaling lower middle market software and fintech businesses, has acquired Choice Inc, a global payments platform. Additionally, Choice has acquired Direct Payment Consultants, a payments provider that partners directly with merchants. Following the acquisition, Choice’s platform will process more than $3 billion

Fintech app zenda has raised $9.4 million in a seed funding round backed by Middle Eastern venture capital companies, STV, COTU, VentureSouq and US-based Global Founders Capital, according to a report by VCCircle. The capital will be used for product development and market expansion in India. Currently, Zenda operates out

Unigestion, an independent, specialist asset manager, has led a significant minority investment in FreightWise, a US logistics technology business, alongside the founders, Elyan Partners and Riverside Acceleration Capital. Stillwater Capital acted as sell-side adviser to the transaction. Founded in 2015, FreightWise is a logistics technology company that delivers faster shipping

Monspire, a London-based fintech helping small businesses predict cashflow needs in the aftermath of the Covid-19 pandemic, has raised a £600,000 funding round led by Fuel Ventures. The cash boost will enable Monspire, founded by serial tech entrepreneurs Simon Draper and Ben Gillen, launch to market and rapidly onboard new