FORWARD FEATURES CALENDAR

Funds

OfColor secures investment from PSG

OfColor, an enterprise SAAS provider focused on the financial health of employees of colour, has secured a strategic seed investment from funds advised by PSG, a growth equity firm partnering with middle-market software and technology-enabled services companies.  OfColor is on a mission to help employees of color earn and keep

Macfarlanes advises Pulsant management team on sale to Antin Infrastructure

Macfarlanes has advised the management team of Pulsant, a UK provider of data centre and cloud infrastructure, on its sale by Oak Hill Capital and Scottish Equity Partners to private equity firm, Antin Infrastructure Partners.   Pulsant provides data centre and cloud infrastructure to over 1,000 businesses in the public

Crehana raises USD70m in Series B funding round

Crehana, an education technology platform for companies and individuals focused on closing the reskilling and upskilling gap in Latin America, has raised USD70m in a Series B round led by General Atlantic.  This round represents Latin America’s largest Series B funding for an education technology company and comes just months

Gen Cap America exits LW Allen

Gen Cap America (Gen Cap), a private equity firm focused on lower middle market buyouts, has sold LW Allen to SJE, a portfolio company of Audax Group. Terms of the transaction have not been disclosed.   LW Allen designs, manufactures, distributes and installs water and wastewater control systems and treatment

Best Buy commits up to USD10m to Brown Venture Group’s inaugural fund

Best Buy has committed up to USD10 million to venture capital firm Brown Venture Group’s inaugural fund, which will fund Black, Latino and Indigenous technology entrepreneurs. Brown Venture Group, a majority Black-led organisation, was founded in 2018 with the goal of raising USD50 million to invest in entrepreneurs of colour

Apex Group acquires GCG

Apex Group has acquired Greenough Consulting Group (GCG), a provider of finance, accounting, and human resources services to technology companies, venture capital and private equity funds. This strategic deal serves to further strengthen Apex’s position in the US market and enhances its ability to deliver high quality service to clients

Global ESG Investing

LPs see value creation as leading driver of ESG, say Manulife

Almost four out of five (75 per cent) of LPs expect sustainability to drive investment decisions over next five years, while 66 per cent of LPs see value creation as a leading driver of ESG, according to new research from Manulife on how private equity relates to sustainable investing. The

MEIF backs Dudley based bespoke furniture manufacturer with GBP500k funding package

The Midlands Engine Investment Fund (MEIF) West Midlands Debt Finance, managed by Maven Capital Partners (Maven), and backed by the Coronavirus Business Interruption Scheme Loan (CBILS), has provided ACL Limited (ACL) with GBP500,000 worth of funding.  This recent capital boost will enable the business to push forward plans with product

Baird Capital portfolio company Aura acquires Reflex, Technology & Software

Baird Capital’s portfolio company Aura Futures (Aura), a provider of workspace technology solutions to mid to large-size enterprises, has acquired Reflex Limited (Reflex). Financial details of the transaction were not disclosed. Established in 1983, Reading-based Reflex is a full-service audio-visual integrator. Since its founding, Reflex has strived to be at

Kartesia provides credit facility to Novum Capital-backed MMC

Kartesia, a European specialist provider of capital solutions for small and mid-sized companies, as provided a financing solution to German film studio operator MMC for its recent dividend recapitalisation. MMC operates the Coloneum in Cologne, one of Europe’s largest and most advanced studio lots with 20 TV studios and soundstages.

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