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Deals

Vestwell raises USD70m in Series C funding

Vestwell, a specialist in workplace savings and investing programmes, has raised USD70 million in a Series C financing round led by Wells Fargo Strategic Capital and Fin Venture Capital. A host of other financial services and fintech leaders also participated, including Goldman Sachs, Morgan Stanley, Manulife, Point72, Nationwide Ventures, Allianz

Demand Science acquires Airborne App

Demand Science, a global revenue intelligence platform that drives growth for hundreds of the world’s largest software, technology, and B2B services companies, has acquired Airborne App.  Founded by Lee Gladish and Michael Morckos, Airborne is a Toronto-based sales engagement and enablement software platform. The acquisition is Demand Science’s sixth since

Align Capital Partners sells Alliance Technical Group

Align Capital Partners (ACP) has sold its environmental testing and compliance platform Alliance Technical Group (Alliance) to Morgan Stanley Capital Partners (MSCP).  Alliance is a leading provider of source testing, emissions monitoring and analytical services to customers throughout the United States.  Since ACP’s initial 2016 investment, the Company has achieved

Spain overtakes Italy as Europe’s biggest renewable energy market

Spain has become the hottest renewable energy market in Europe, with plummeting solar and wind power purchase agreement (PPA) offer prices this quarter, according to LevelTen Energy’s Q2 2021 PPA Price Index. The Index series, created by LevelTen Energy, the leading provider of renewable transaction infrastructure, analyses thousands of wind

LeapFrog leads USD75m investment round in Indian digital health platform HealthifyMe

LeapFrog Investments, a Profit with Purpose investment firm, has invested USD30 million in India’s leading health and wellness app, HealthifyMe. As the lead investor in a USD75 million Series C round, which includes Khosla Ventures and several existing investors, LeapFrog has acquired a significant minority stake in the healthtech company.

Clearlake to acquire Bakemark from Pamplona Capital

Clearlake Capital Group is to acquire BakeMark USA (BakeMark) from Pamplona Capital Management (Pamplona). Financial terms of the transaction have not been disclosed. With over 100 years of service to the baking industry, BakeMark operates as a link between diversified bases of suppliers and customers, serving approximately 1,200 suppliers and

Limerston Capital exits Arch Sciences following sale to Element

Limerston Capital has completed its exit of Arch Sciences Group (Arch Sciences), a provider of outsourced analytical solutions to the laboratory research and testing sector, following its sale to Element Materials Technology Group (Element).  The sale realised a return for Limerston Capital in excess of 30 per cent IRR. Manchester-headquartered

Worldr raises USD3m in seed funding

Worldr, the developer of a communications and messaging platform built around privacy, security and data protection in team communication without compromising usability, has secured USD3 million in seed investment from some of the biggest names in deep tech, defence and finance as it heads into public launch later this year.

GP Bullhound advises Bliss Point on sale to Tinuiti

GP Bullhound has acted as exclusive financial adviser to Bliss Point Media on its sale to Tinuiti, a portfolio company of New Mountain Capital. Bliss Point Media is the largest independent purchaser of streaming/OTT media in America, with over USD500 million in media currently under management. Bliss Point Media uses

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