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Intelligence

NorthEdge launches exclusive community platform for portfolio companies

Mid-market private equity firm NorthEdge has launched a dedicated app to facilitate collaboration and encourage networking amongst its portfolio companies. The platform, Nexus, will be a central hub of information and has been designed to give NorthEdge’s portfolio company teams a forum to collaborate, communicate and share best practice approaches

Apax Funds to acquire ophthalmic lens specialist Rodenstock

Funds advised by Apax are to acquire Rodenstock Group (Rodenstock), a manufacturer of premium ophthalmic lenses, from Compass Partners. Founded in 1877, Rodenstock has been a global leader in prescription lenses for over 140 years, with a strong track record of innovative product development and market leading technologies. Headquartered in

YEO Messaging launches private messaging app and opens crowdfunding

YEO (Your Eyes Only) Messaging, an ultra-secure private messaging platform, has launched after completing a successful pilot phase. Users can now download the beta iOS App from the App Store and an Android version is also available. To coincide with the App launch, YEO Messaging opened their crowdfunding round to

QPE-backed DCSL Software acquires GuideSmiths

Queen’s Park Equity (QPE) portfolio company DCSL Software has acquired GuideSmiths Limited. The acquisition enables DCSL to offer an enhanced range of capabilities to clients, doubles the workforce and expands the Group internationally. The business will rebrand as DCSL GuideSmiths. DCSL, a software development and digital transformation specialist, has doubled

Mitratech secures strategic investment from Ontario Teachers’

Mitratech, a provider of legal and compliance software, has secured a strategic investment from Ontario Teachers’ Pension Plan Board (Ontario Teachers’).  Following completion of the transaction, Hg, a leading global software investor and the majority investor in Mitratech since 2017, will retain a minority interest, while TA Associates will sell

GripAble raises GBP1.6m in pre-series A funding

GripAble, a London based start-up digitising upper limb rehabilitation from hospital to home, has close a GBP1.6 million pre-series A funding round. The new funding officially kicks off the company’s Series A fundraise which will close in Q3 2021. GripAble will use these initial funds to further scale its industry

Meatable raises USD47m in Series A funding round

Meatable, a cultivated meat startup, has closed a USD47 million Series A funding round, bringing the company’s total funding to USD60 million.  Meatable finalised its first showcase product in 2020 and aims to use the new funds to advance small-scale production at the Biotech Campus Delft and to diversify its

Hg sells Trace One to Symphony Technology Group

European software investor Hg is to sell its investment in Trace One to Symphony Technology Group (STG), a Palo Alto-based private equity firm focused on investing in the software, data analytics, and software-enabled technology services sectors. This proposed sale is subject to French Workers’ Council consultations and customary clearances. The

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