Global law firm Mayer Brown has reported a record-breaking year for its UK private equity team after advising on 26 deals worth USD3.5 billion in 2021, a 25 per cent increase on the USD2.8 billion worth of deals it advised on in 2020. This also represents a 65 per cent

OneOrder, an Egypt-based logistics startup, has secured USD1 million in funding round led by venture capital firm A15. OneOrder, which was founded by Tamer Amer, the man behind the Fuego Sushi and Longhorn Texas BBQ Egyptian restaurants chains, supplies meat, vegetables, and equipment.

AE Industrial Partners (AEI), a US-based private equity firm specialising in aerospace, defence & government services, space, power and utility services, and specialty industrial markets, has reached a definitive agreement to acquire a significant stake in Firefly Aerospace (Firefly), an specialist in economical launch vehicles, spacecraft, and in-space services, from

illumifin, an insurance third-party administration and software provider backed by private equity firm Abry, is to acquire LTCG, a provider of administrative solutions and clinical services to the long-term care insurance industry. The transaction is expected to close within the next 60 days.   The strategic acquisition will make illumifin

Depict.ai, a provider of AI-based product recommendations for any e-commerce store without the need for historical sales data, has raised USD17 million in a Series A investment led by Tiger Global, with participation from Initialized Capital, EQT Ventures, Y Combinator and a team of angels. The Series A investment comes

Wellness icon Deepak Chopra, psychedelics entrepreneur Christian Angermayer and Dragons’ Den investor Steven Bartlett, are backing The Healing Company, a new business set up to acquire consumer health brands, according to a report by CNBC. Chopra, who is to become chief scientific adviser, is acquiring a stake in there business

Good-Loop – a global ad tech company that converts people’s attention to ads into donations to good causes – has closed a Series A round of USD6.1 million (GBP4.5 million) led by led by New York-based investment fund, Quaestus Capital Management (QCM). Additional backing came from Scottish Enterprise, impact investor

Global Software and Services business Netaxis Solutions has acquired Anyroute in an asset deal that delivers the latest, Microsoft Teams capabilities to a telecoms client base. Netaxis’ products and services are used by major telecoms organisations worldwide to create new propositions, drive innovation and transform networks. Products like APIO and

TELEO Capital Management (TELEO) has acquired Western Principles Consulting, a Canadian Project Portfolio Management (PPM) consulting firm. The Business will be merged with UMT360, an existing TELEO portfolio company. Founded in 2005 with headquarters in Vancouver, British Columbia, Western Principles has successfully conducted PPM implementations across Canada, including Microsoft’s PPM