FORWARD FEATURES CALENDAR

Funds

Cairngorm Capital acquires Munnypot and Whitefoord to launch Verso Wealth Management

Cairngorm Capital Partners has acquired Munnypot Limited and Whitefoord LLP, to launch Verso Wealth Management (Verso), a wealth management group providing financial advice and investment management, powered by a digital platform.  The acquisitions are expected to complete shortly, subject to FCA approval, and mark Cairngorm Capital’s entry into the financial

Play2Pay raises USD13m Series A Led by Telesoft Partners

Play2Pay, a global mobile payments platform that gamifies payments, has completed an oversubscribed USD13 million Series A funding round led by Telesoft Partners with participation from Harbor Spring Capital and notable individual investors including: former AT&T vice chairman Ralph de la Vega, former Reuters CEO Tom Glocer, Madison Dearborn Partners

Long Ridge announces Carson Group investment exit

Long Ridge Equity Partners has announced that its portfolio company, Carson Group, an industry-leading provider of wealth management technology and services to financial advisors and clients, has received a strategic investment from Bain Capital, valuing the business at over USD1 billion and providing a full exit for Long Ridge’s Fund

JC Flowers & Co to acquire 30 per cent stake in LMAX Group

LMAX Group, an independent operator of institutional execution venues for FX and crypto currency trading, today announced that it has signed a definitive agreement to sell a 30 per cent stake in the company to JC Flowers & Co LLC (JC Flowers), a private investment firm dedicated to investing globally

WeVee secures USD7m in seed funding

WeVee, the first fully-integrated electric vehicle leasing platform, which launched in the UK (home to Cazoo, Cinch and Carwow), is now valued at USD14million after its latest USD7 million investment injection. The EV price comparison and leasing platform, which launched in March 2020 to support fast growing demand for electric

Westbridge exits AJM Healthcare

Private equity firm WestBridge has exited its investment in portfolio company AJM Healthcare following the company’s acquisition by Livingbridge. AJM provides wheelchair and mobility solutions to the NHS, Local Authorities and individuals across the UK. The transaction marks the first exit from the firm’s second fund and has been completed

Limina secures USD3m in Series A led by Industrifonden

Limina, provider of a customisable cloud-native Investment Management Solution (IMS) for mid-sized asset managers, has completed a USD3 million Series A funding. The investment was led by Nordic venture capital firm Industrifonden. Existing investors, including STOAF SciTech, Vidici Ventures, Almi Invest and Justin Wheatley, the founder of StatPro, also joined

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