Nexus completes refinancing with Barings
Independent specialty intermediary Nexus Group has successfully completed a refinancing via a new GBP70 million loan facility with Barings LLC.
Independent specialty intermediary Nexus Group has successfully completed a refinancing via a new GBP70 million loan facility with Barings LLC.
London-based insurtech and home of dynamic motor fleet insurance pricing, Humn has raised GBP10.1m in Series A funding led by BXR Group and Shell Ventures as well as Hambro Perks Leaders Fund and Woodside Holdings. With the investment, Humn aims to further develop its unique insurance data capabilities and expand
Howden, the international insurance broking group, is to acquire Aston Lark from Goldman Sachs Asset Management and Bowmark Capital. Aston Lark is one of the UK’s leading, independent, specialist complex commercial and private client brokers. The deal is subject to regulatory approval. The highly complementary union completes Howden’s UK broking
Permira funds have agreed to the sale of Lyophilization Services of New England (LSNE), a contract manufacturing organisation, to PCI Pharma Services (PCI), a pharmaceutical and biopharmaceutical global integrated solutions provider. Founded in 1997 and headquartered in Bedford, New Hampshire, LSNE is a market leader providing a wide range of
Hubilo, a global virtual events platform, has raised GBP92 million in Series B funding round led by Alkeon Capital and additionally, Lightspeed Venture Partners and Balderton Capital. This brings the company’s total funding to GBP113 million to date in less than 18 months. The investment, one of the largest in
Foresight Group (Foresight), a leading UK listed infrastructure and specialist regional private equity investment manager, has sold Accrosoft Limited, a recruitment and employee onboarding software company, to Acendre Technologies Inc, a global HR software business headquartered in the US. Based in Loughborough, Accrosoft was founded in 2008 by Alex Khakbiz
9fin, a provider of data, news and predictive analytics for debt capital markets, has raised GBP8 million Series A round to fuel its expansion into the US.

CarDekho, India’s largest car search platform, has closed a USD250 million round of funding that included USD200 million Series E equity and USD50 million debt in its pre-IPO round.
Adenia Partners, a private equity firm investing in Africa, has acquired a majority stake in Altilands SA, the parent company of Red Lands Roses (Red Lands), a grower of premium fresh-cut roses in Kenya. Red Lands is internationally recognised for its green horticultural practices that respect people and the environment.
Tiptree has secured a USD200 million strategic investment in its insurance subsidiary, The Fortegra Group (Fortegra) from Warburg Pincus. The investment will give Warburg Pincus an approximate 24 per cent ownership in Fortegra on a fully diluted basis and is expected to close in the first quarter 2022. This transaction
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