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Deals

Cassini Systems secures USD20.5m in growth funding round led by Ten Coves Capital

Cassini Systems, a provider of pre- and post-trade margin and collateral analytics for derivatives market participants, has completed a USD20.5 million growth financing round led by Ten Coves Capital. Existing investor Mosaik Partners also participated in the round with the proceeds set to be used by Cassini to accelerate its

Bain Capital agrees EUR183m funding with Linus Digital Finance AG

Bain Capital Credit, LP (Bain Capital Credit), has agreed a funding line of up to EUR183 million for Linus Digital Finance AG (LINUS), a publicly listed real estate fintech business, as part of a broader strategic partnership.  The proceeds will be used to further accelerate LINUS’ financing operations in the

Accel-KKR backs Entersekt

Accel-KKR, a technology-focused private equity firm, has made a significant investment in Entersekt, a specialist in device identity and authentication solutions headquartered in Cape Town. The investment will enable Entersekt to accelerate its roadmap, hire top talent and fuel expansion into new markets. Founded in 2000, Accel-KKR has invested in

Sequoia Economic Infrastructure Income Fund makes GBP60m investment in Lightspeed Broadband

Sequoia Economic Infrastructure Income Fund (SEQI), the FTSE250 specialist economic infrastructure lender, has made a GBP60 million investment in LightSpeed Broadband, the Internet Service Provider.  The new investment will accelerate the construction of LightSpeed’s FTTP multi-gigabit broadband network to 25 towns across the East of England, with the company’s aim of

Main Capital Partners-backed Assessio acquires People Test Systems in Denmark

Main Capital Partners-backed Swedish HR-technology company Assessio has acquired People Test Systems. European software investor Main Capital Partners backed the company in 2019 with the goal for Assessio to become the market leader in Europe for HR-technology and digital recruitment services. After completion of its second add-on acquisition in the

Ten Cove Capital leads USD35m Series B Funding round in Canopy

Ten Coves Capital has led a USD35 million Series B round in Canopy, a cloud-based practice management platform for accounting professionals. Current investors NewView Capital, Pelion Partners, Tenaya Capital, and Ankona Capital also made significant investments with the funding set to be used further accelerate Canopy’s mission to become the

Riverside acquires milliCare

The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in milliCare, a floor and textile care franchise brand, from Milliken & Company.  The company is an add-on investment to Riverside’s Clintar platform, offering franchise solutions for a wide network of commercial

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