Syndesi Therapeutics (Syndesi), a portfolio company of international life sciences investor Novo Holdings, has been acquired by AbbVie for up to USD1 billion in total deal value with USD130 million upfront. Syndesi was created in 2018 as the result of a close collaboration between Novo Seeds, the company creation arm

Sembly AI continues to consolidate its position as a provider of best-in-class conversation analytics for enterprise operations and technology teams through a new strategic partnership with MI-GSO | PCUBED, a project management and PMO consultancy. The partnership includes an investment in Sembly AI as well as a synergistic collaboration combining

The financial backers of Orchid Underwriters Agency, a specialty underwriter of catastrophe-exposed property insurance, led by TowerBrook Capital Partners are to sell the company to Brown & Brown, an insurance brokerage firm. The sale comprises all of Orchid’s Managing General Underwriter (MGU) and wholesaling business, along with its High-Net-Worth segment

Ropes & Gray has advised Sezzle Inc on its acquisition by Zip Co. The transaction is expected to close in the third quarter of 2022. The agreement was announced on 28 February in a press release. Sezzle stockholders will be entitled to receive 0.98 Zip ordinary shares for every share

Thetanuts Finance has closed an USD18 million seed round, led by Three Arrows Capital, Deribit, QCP Capital, and Jump Crypto. The funding will finance the development of Thetanuts Finance’s structured products platform and user-friendly instruments in the crypto derivatives ecosystem.

Qventus (Qventus), a provider of AI-powered of software for care operations, has secured a growth investment led by Thomas H Lee Partners (THL), a private equity firm investing in growth companies, and a strategic partnership and investment by Premier, a healthcare improvement company. THL and Premier are joined by Thedacare,

The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in ESHA Research (ESHA), a provider of SaaS-based nutritional analysis, labeling compliance and product formulation software. ESHA is trusted by food and beverage manufacturers, foodservice companies, health and wellness organizations, supplements manufacturers

Private Equity house, Key Capital Partners (KCP), has completed a minority investment into Jellyfish Pictures. Jellyfish provides high-quality animation, visual effects (VFX) and art department services to media corporations around the world. Clients include Disney+, Netflix, DreamWorks, Apple TV, HBO, Sky, BBC and Amazon. Jellyfish Pictures has worked on a

Investcorp Technology Partners (ITP), a European technology investor, has acquired a majority stake in cybersecurity company HWG. HWG co-founder and CEO, Enrico Orlandi, and the other co-founders, Claudia Rangogni, Andrea Boni and Andrea Pomari, will continue to lead the company, having retained their ownership in HWG alongside Investcorp. Established in

Fearless Adventures, a Manchester, UK-based growth vehicle for direct-to-consumer (D2C) start-ups, co-founded in 2021 by three stalwarts of the British start-up scene, has completed its first investment round, bringing together a team of 14 highly successful entrepreneurs. Investors include: Steve Oliver, Co-founder and Group CEO of musicMagpie; James Cox, co-founder