Arma Partners has acted as financial adviser to Brite:Bill on its sale to Amdocs. Founded in 2010, Brite:Bill is headquartered in Dublin, Ireland and backed by Delta Partners, Enterprise Ireland, Investec Ventures and other angel investors and founders. Brite:Bill has been named a “Cool Vendor” by Gartner and serves
Financial holding company Italmobiliare has completed its acquisition of private equity house Clessidra Sgr after receiving authorisation from the Bank of Italy. Italmobiliare now holds 99 per cent of Clessidra. The company’s new board of directors is as follows: Carlo Pesenti (chairman), Mario Fera (CEO), Riccardo Bruno, Manuel Catalano,
Benhamou Global Ventures (BGV), an early-stage venture capital firm which focuses on enterprise IT opportunities in global markets, has held the first close of its third fund with over 50 per cent of the targeted USD75 million fund committed to date. Investors in the third fund include both existing limited
Car rental company Avis Budget Group has agreed to purchase France Cars, a privately-held vehicle rental company based in France, to significantly expand its presence in the French market. Terms of the transaction have not been disclosed. The purchase will give Avis Budget Group the second-largest light commercial vehicle fleet in
Tikehau IM has held the close of its Tikehau Direct Lending III (TDL III) fund at EUR610 million. Tikehau IM’s total asset under management in private debt amount to EUR3.3 billion. Over 40 per cent of the fund is already invested through 15 portfolio companies based in France, Spain
Transportation platform oTMS has raised USD25 million in a Series B funding round led by Chen Weixing, the founder of Kuaidi Dache. Previous investors Baidu, Chengwei capital and Matrix Partners China also participated in the round. China Renaissance was the exclusive financial advisor of the deal. The funding
London-based commercial lender Ortus Secured Finance has closed a second funding round for its new fund, increasing its firepower by GBP20 million from investors and bringing total lending capacity for the fund to GBP60 million. The fund, which was originally launched in February 2016, lends to businesses across the UK,
Modern Energy Management (MEM), a specialist in delivering project lifecycle certainty to renewable energy developers, financiers and investors, has been engaged to work on behalf of CapAsia’s Islamic Infrastructure Fund (IIF) at two early wind farms in Pakistan. Under the terms of the contract, MEM, led by founding partner Lars
Smart Communications, a specialist in enterprise customer and business communications, has completed its spinoff from Thunderhead and launched as an independent company led by its existing management team and backed by tech-focused private equity firm Accel-KKR. As an independent company, Smart Communications will continue to define and lead the next
Growth private equity firm TA Associates is to back a management buyout (MBO) of Goldman Sachs Asset Management’s (GSAM) Australian-focused investment capabilities and fund platform. Financial terms of the transaction, which is expected to close by year-end, have not been disclosed. The company will rebrand accordingly. Since the appointment
12 November, 2026 – 5:00 pm
12 November, 2026 – 8:00 am
12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
