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Shoosmiths advises EdTech company Kortext in latest investment round

UK law firm Shoosmiths has advised Kortext, a Bournemouth-based university-focussed digital teaching and learning platform, in securing a GBP15 million series B investment from DMG Ventures, the venture capital arm of Daily Mail and General Trust plc, that has previously backed companies including Cazoo and Zoopla. Kortext has been a

Perwyn-backed Miss Group acquires Spanish web hosting firm ADW Europe

International web hosting business, Miss Group has acquired Spanish-based ADW Europe SL as part of its ambitious buy and build strategy.   The acquisition of ADW Europe SL is the fourth to be completed by Miss Group this year to date and adds a further 1,400 international SME customers to

KSL Capital Partners launches select service hotel platform

An affiliate of KSL Capital Partners (KSL), an investor in travel and leisure businesses, has launched Mission Hill Hospitality, a portfolio company created to acquire select service and extended stay hotels. To date, Mission Hill Hospitality has acquired 12 hotels. KSL historically has focused on full-service hotels, particularly in leisure

Kartesia supports Susquehanna Private Capital’s acquisition of thebigword Group

Kartesia, a European specialist provider of capital solutions for small and mid-sized companies, has provided a credit facility to support Susquehanna Private Capital (SPC) with its acquisition of language services provider thebigword Group (thebigword).  Founded in 1980 and headquartered in Leeds, United Kingdom, thebigword Group is a global language technology

IMCO to acquire UK-based Green Frog Power

The Investment Management Corporation of Ontario (IMCO) is to acquire 100 per cent of Green Frog Power Ltd (Green Frog) and will invest up to USD500 million (GBP288 million) over the next several years, to transform the business into an owner and operator of utility scale batteries and execute on

Flexpoint Ford leads up to CAD150m investment round in PayFacto

PayFacto Payments (PayFacto), a provider of payment solutions and point-of-sale technologies, has secured an equity investment of up to CAD150 million, in a funding round led by private equity firm Flexpoint Ford with participation from BMO Capital Partners.  PayFacto, one of Canada’s largest non-bank payment processors, is a leading provider

EisnerAmper secures investment from TowerBrook Capital Partners

TowerBrook Capital Partners (TowerBrook), an international investment management firm, has made a strategic investment in global business advisory firm EisnerAmper. TowerBrook’s significant capital infusion will help drive EisnerAmper’s long-term growth initiatives, which include accelerating the evolution of service offerings, investing considerably in talent and technology, and strategically expanding via organic

White & Case advises Graanul Invest on sale of majority stake to Apollo

Global law firm White & Case LLP has advised AS Graanul Invest on the sale of a majority stake to funds managed by the affiliates of Apollo Global Management, Inc. “Our team helped to successfully navigate this important strategic investment, which will enable the Graanul team to continue to take

Team Odeon raises EUR2 million for its educational and career choice site, Degree Choices

US-focused startup Team Odeon has raised EUR2 million in funding towards its higher education and career choice focused website, Degreechoices.com.  Investors include venture capital fund Lighthouse Ventures, a group of European private equity investors from the performance marketing sector, and its founder Ory Weihs. Founded in late 2020, Odeon offers

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