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Ironwood Capital portfolio company Ironwave Technologies invests in Syntonics

Ironwood Capital portfolio company, Ironwave Technologies (Ironwave), has purchased a majority interest in Syntonics, a manufacturer and research and development company focused on advanced radio frequency (RF) systems and subsystems such as RF over fibre, Software Defined Radio, Tracking Tagging and Location (TLL) and Expendable Data Exfiltration (EDEX) technologies. 

Harness reaches USD1.7bn valuation with USD115m in new PE financing

Harness, a platform for software delivery, has raised USD115 million in financing, reaching a valuation of USD1.7 billion in just three years after launching from stealth.  Alkeon Capital led a USD85 million Series C round, along with new investors Battery Ventures, Citi Ventures, Norwest Venture Partners, Sorenson Capital, and Thomvest

CareMetx, General Atlantic and The Vistria Group form strategic partnership

CareMetx, a technology-enabled hub services company improving patient access to specialty medications, General Atlantic, a global growth equity firm, and The Vistria Group, a Chicago-based private investment firm, have formed a strategic partnership.  With the transaction, General Atlantic will become the majority owner of CareMetx. The Vistria Group, existing majority

LLCP portfolio company Trinity Consultants acquires SESPE Consulting

Trinity Consultants (Trinity), a portfolio company of Levine Leichtman Capital Partners (LLCP), has acquired SESPE Consulting (SESPE), a California-based provider of environmental compliance and permitting services including air quality, stormwater and water quality, and land use planning, to clients across a diverse set of industries. Trinity is a provider of

Access Holdings’ CWON acquires Okie Express Wash

Car Wash Owners Network (CWON), a portfolio company of Baltimore-based Access Holdings, has closed its investment in Okie Express Auto Wash, a car wash operator in the Oklahoma City market. Financial terms were have been disclosed.Founded in 2008, Okie owns and operates 11 premier express car wash locations known across

STAR Capital acquires Rail Operations (UK) Limited

STAR Capital Partnership (STAR), has acquired Rail Operations (UK) Limited (ROUK), a provider of rolling stock movement and storage services to the UK rail industry through its subsidiaries Rail Operations Group Limited (ROG) and Rail Operations (Rolling Stock Management) Limited (Traxion). In addition, ROUK has established a new subsidiary, Orion, to

Quantile Technologies secures USD51m growth investment from Spectrum Equity

Quantile Technologies (Quantile), a provider of portfolio optimisation services for the global financial services market, has secured a USD51 million (GBP38 million) minority investment from Spectrum Equity, a growth equity firm focused on internet-enabled software and information services companies. The investment will accelerate the next phase of Quantile’s growth as it

Grocery delivery

Grocery delivery service Weezy raises USD20 million in Series A round

Weezy, a UK-based on-demand supermarket that delivers groceries in 15 minutes on average, has raised USD20 million in Series A funding to expand its grocery delivery service across London and the UK. The investment round was led by New York-based VC Left Lane Capital, with participation from UK-based DN Capital,

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