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Deals

Heritas Capital leads USD20m Series B round in Jio Health

Jio Health, a provider of human-centred, technology-powered healthcare, has completed a USD20 million Series B investment led by Singapore-based healthcare investor, Heritas Capital. Other investors in the round include Fuchsia Venture Capital (CVC of Muang Thai Group Holdings), Kasikorn Bank Group, and existing investor, Monk’s Hill Ventures. The Series B

Founder raises additional GBP1.3 million for e-bate software platform

An award-winning entrepreneur has raised a further GBP1.3m for her software platform which helps companies manage complex rebate and price incentive schemes. It is the third funding round for e-bate founder Leanne Bonner-Cooke MBE, and comes from the MEIF Proof of Concept & Early Stage Fund, which is managed by

PE-backed Newfold Digital to acquire Deluxe’s Australia web hosting operations

Newfold Digital, a web and commerce technology company backed by Clearlake Capital Group, and Siris Capital Group, is to acquire Deluxe’s Australia web hosting business, Hostopia Australia.  The transaction is expected to close in the second quarter of 2022 subject to the satisfaction of customary closing conditions. The Deluxe Australia

Investcorp acquires S&S Truck Parts

Investcorp, a global alternative investment firm, has acquired S&S Truck Parts (S&S), an independent distributor of private label and branded aftermarket truck parts. Terms of the transaction have not been disclosed.   Founded in Chicago in 1952, S&S has a long history of providing high-quality, engineered aftermarket truck parts. Today,

Blue Horizon makes seed investment in Arkeon Biotechnologies

Blue Horizon, a pure play impact investor in the future of food, has made a seed investment in a sustainable ingredients company producing protein from carbon dioxide. Arkeon Biotechnologies is an ingredients company based in Vienna, Austria, leveraging the power of ancient microbes to create the most sustainable, nutritious, and

BGF exits investment in Abacus

BGF has exited its investment in long-term portfolio company, Abacus Software Ltd. The London-based SaaS subscription management platform has been acquired by Naviga Inc.   Abacus is a content and subscription management software provider with unique proprietary Customer Data Platform (CDP) and Digital eXperience Platform (DXP) offerings. The London-based business

Off Grid Electricity Fund (OGEF) invests in Solengy

The Off Grid Electricity Fund (OGEF), a renewable energy access fund for Haiti supported by the World Bank, has provided a loan to Solengy Haiti (Solengy) to support its expansion plans outside of Port-au-Prince. The OGEF was launched by the Haitian Government in 2019 with the aim of providing electricity

NMS Capital invests in LDR Site Services

NMS Capital (NMS) has partnered with Company management in the recapitalisation of LDR Site Services and its related family of waste hauling operations (LDR). Terms of the transaction have not been disclosed. Headquartered in Atlanta, GA, LDR is an asset-light provider of equipment rental and related waste hauling services to

Fortino Capital Invests in Bonitasoft

Fortino Capital Partners, a European B2B software investor, has acquired a majority stake in Bonitasoft from former investors including Bpifrance, Auriga Capital, Serena Capital and Ventech. As part of the transaction, Miguel Valdes and Charles Souillard, who founded Bonitasoft in 2009, will reinvest and team up with Fortino Capital during

Clearlake Capital to acquire IPG in USD2.6bn transaction

Intertape Polymer Group Inc (IPG) is to be acquired by an affiliate of Clearlake Capital Group for CAD40.50 per share in an all-cash transaction valued at approximately USD2.6 billion, including net debt. This represents a premium of approximately 82 per cent to the closing price of IPG common shares on

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