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Deals

FNZ raises USD1.4bn in new capital from CPP Investments and Motive Partners

FNZ, the global wealth management platform, has secured USD1.4 billion in new equity funding from Canada Pension Plan Investment Board (CPP Investments) and Motive Partners (Motive), in one of the largest ever primary equity raises in the wealth management sector. The fundraising values FNZ at over USD20 billion as it

Paleo Ridge secures GBP2m funding from Ashridge Capital

Paleo Ridge, recognised as a leader in premium raw dog food, has secured a GBP2 million investment from private equity firm, Ashridge Capital, to support its rapid expansion. The new investment will fund the opening of a new despatch and manufacturing facility, supporting the expansion of Paleo Ridge’s capabilities and

N4 Partners to sell Moventas to Carlyle-backed Flender

Private equity firm N4 Partners (N4) is to sell wind turbine gearbox manufacturer Moventas to Flender, a global supplier for mechanical and electrical drive systems headquartered in Germany. The deal will include Moventas’ 22GW of installed base and an additional 3GW of wind gearbox assembly capacities.

Main Capital Partners-backed Björn Lundén acquires QLogic

Björn Lundén, a Swedish accounting and financial administration software provider, is acquiring QLogic AB (QLogic). The financial terms of the acquisition, which was backed by European software-investor Main Capital Partners (Main), have not been disclosed. QLogic is active in the time, project and expense management space and is known for

SEAM Group acquires EESCO

Align Capital Partners (ACP) has closed its third strategic add-on for SEAM Group with the acquisition of Electrical Engineering & Service (EESCO), a specialist in electrical power systems, commissioning, testing, evaluation, repairs and maintenance. EESCO is accredited by the International Electrical Testing Association (NETA), a trade association dedicated to improving

Hullabalook raises USD8.2m in Series A round led by Nauta Capital

Hullabalook, a B2B software company behind a technology platform transforms the way retailers build ecommerce sites, has raised USD8.2 million in a funding round led by Nauta Capital. Existing investors Conviction VC & Passion Capital also particpated in the round.   The capital investment will support Hullabalook’s continued growth in

Tiger Global leads USD12m Series A investment round in Devron

Data science software company Devron has raised USD12 million in an oversubscribed Series A financing round, led by investment firm Tiger Global. Existing investors FinTech Collective, Afore Capital, and Essence Venture Capital also participated in the round.  The company will use the funds to accelerate adoption of its innovative machine

Riverside adds medical and scientific communications provider MMSG to Red Nucleus Platform

The Riverside Company, a global private investor focused on the smaller end of the middle market, has added Medical Marketing Solutions Group (MMSG) to its Red Nucleus platform. MMSG is a leading provider of strategic services, scientific and medical communications, and operational and event management services to global biopharmaceutical companies.

Vitesse PSP secures USD26m in Series B funding round led by Prime Ventures

Vitesse PSP (Vitesse), a global payment, liquidity and treasury management platform, has raised USD26 million in a Series B funding round led by Prime Ventures. The Series B funding also includes investments from Octopus Ventures, which led the 2020 Series A funding round and is one of Europe’s largest and

Occupier raises USD11m in Series A round led by OMERS Ventures and Stage 2 Capital

Occupier, a lease management software solution for commercial real estate tenants and brokers, has raised USD11 million in its Series A fundraising round. The round, which  was co-led by OMERS Ventures and Stage 2 Capital with participation by seed stage investors Alate Partners and Metaprop, brings the total raised by

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