Goldfinch Partners and The Baupost Group, have reached the initial closing in the acquisition of Western Union Business Solutions (WUBS) for USD910 million. WUBS, which will be renamed Convera as a new standalone B2B global payments company, had a record 2021 with over 20 percent revenue growth and payments volume

Neuraxpharm Group (Neuraxpharm), a European specialty pharmaceutical company focused on the central nervous system (CNS), has expanded its business in Southeast Europe through the acquisition of Brain Therapeutics, a CNS-focused marketing and distribution company with expertise in the commercialisation of CNS products in Greece, Cyprus and the Balkan countries.  

Funds managed by Blackstone Tactical Opportunities (Blackstone) have agreed to make a GBP140 million strategic investment in Currencies Direct, a global provider of digital foreign exchange (FX) and international payment services to private clients and small and medium sized enterprises (SMEs). The investment will be made in partnership with Currencies

MCO (MyComplianceOffice), a provider of conduct risk and compliance technology, is to acquire Schwab Compliance Technologies (SCT). SCT serves some 700 clients providing a SaaS solution that automates asks associated with monitoring employee trading activity and efficiently administering a firm’s Code of Ethics.   The acquisition is expected to close

McNally Capital (McNally), a specialist in Direct Family Capital, has invested in The Smith & Oby Company (Smith & Oby), a Midwest HVAC and plumbing mechanical contractor and services provider serving primarily the healthcare, education, commercial & industrial, and civic end markets. McNally invested in Smith & Oby out of

Inverleith LLP, an Edinburgh-based specialist consumer brand investor, has acquired a majority stake in Farmison & Co, a UK-based online butcher. Focused on British heritage and rare breeds, and an ethical, sustainable supply chain, Farmison has established itself as a leading player in the growing online premium meat and butchery

Payment app Dash has raised USD32.8 million in an oversubscribed seed round, one of the largest seed rounds for an African technology startup. The round was led by New York-based global private equity and venture capital firm Insight Venture Partners, with participation from Global Founders Capital and 4DX Ventures.  Other

AmeriVet Veterinary Partners (AmeriVet), a consolidator of US veterinary practices, has closed a USD1.6 billion recapitalisation with funds managed by AEA Investors LP (AEA) and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) acquiring the company from Imperial Capital Group (Imperial Capital). AmeriVet’s recapitalisation was a resounding

Barings gas acted as sole lender on secured credit facilities backing ECI’s acquisition of Zenergi, a UK-based energy and sustainability services specialist offering energy procurement and energy management services targeting the education and public sector. Founded in 2003, Zenergi has experienced continuous growth through helping its customers navigate an increasingly

Solace Capital Partners (Solace) has acquired Sun Mountain Sports, Inc (Sun Mountain), a producer of golf equipment and apparel, from founder and golf industry innovator Rick Reimers. The Company will remain headquartered in Missoula, Montana, and will continue to be led by its current management team, including long-time executive Ed