Encompass Corporation, a provider of automated Know Your Customer (KYC) solutions, has raised approximately USD33 million (GBP25 million) in a funding round led by Australian investment management company Perennial Partners. Financial services focused principal investing firm Serendipity Capital, Seven Seat Capital, and FinTech investment firm Microequities Asset Management also participated

Sentinel Capital Partners, a private equity firm that invests in promising lower mid-market companies, has recapitalised TriMech, a provider of 3D engineering design and additive manufacturing software, services, and solutions.  Terms of the deal have not been disclosed. Headquartered in Richmond, Virginia, TriMech is a provider of computer-aided design and

AYOXXA Biosystems, a specialist in the development of multiplex protein analysis assays for drug discovery and translational research, has closed a funding round led by Prosnav Capital, who will provide AYOXXA access to the Asian market with a broad regional network.  Besides Prosnav, a group of existing shareholders participated in

New Mountain Capital, a growth-oriented investment firm with over USD35 billion in assets under management, and Endicott Capital, an investment fund focused exclusively on the information services sector, have closed on the the acquisition of 3E from Verisk.  New Mountain will serve as the control investor. For more than 30

Gen II Fund Services (Gen II), an independent fund administrator in the alternative investment space, has acquired Update Capital, a specialist in investment management technology solutions for the real estate asset class.  Terms of the transaction have not been disclosed. Founded by Ran Kohavi and Itamar David, Vancouver-based Update Capital

CN Group, a managed IT, cloud and digital transformation specialist, has acquired application and analytics business, Public View, following last year’s purchase of analytics, data and automation specialists, Cloud2. UK-based cloud application company, Public View, is at the forefront of providing performance monitoring and benchmarking services to the NHS underpinned

Arrowpoint Advisory’s TMT team has advised Inviqa – A UK-based, independent digital experience agency – on its acquisition by Havas Group in a substantial, eight-figure deal.  Inviqa, which comprises more than 150 employees across eight offices, will be integrated into Havas Creative’s dedicated customer experience network, Havas CX, to significantly

Apollo Insurance Solutions, a leading Canadian digital insurance provider, has closed a Series B financing round led by Definity Financial Corporation.  Definity has strong digital insurance experience expertise through Sonnet, Canada’s first fully online personal insurance offering, and Vyne, Definity’s broker digital platform.  The strategic partnership includes a distribution relationship

AiFi, a flexible AI platform that enables retailers to affordably deploy and scale autonomous shopping solutions, has secured USD65 million in a Series B funding round with participation from ALDI South Group, Żabka Group, REWE, Verizon Ventures, and Qualcomm Ventures, among others.  This round, which brings AiFi’s total funding to

Private investment firm Auxo Investment Partners has acquired Golden State Assembly (GSA), a vertically integrated, complete lifecycle wire/cable assembly and harness manufacturer headquartered in Fremont, California.  GSA founders Cesar and Yesenia Madrueno will retain a significant interest in the company and will remain in their operating roles.   Founded in