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Intelligence

Pollen Street appoints partner in US office

Pollen Street has appointed Daniel Khouri as a partner to lead the firm’s team based in New York.  Khouri will focus on developing partnerships with best-in-class specialists in the non-bank lending sector to provide capital and strategic insight. Khouri has deep experience working across the US credit market. Prior to

Pamlico Capital invests in Protera Technologies

Pamlico Capital (Pamlico) has made a growth investment in Protera Technologies (Protera), a provider of public cloud-centric application management and migration services for SAP software, as well as other enterprise IT outsourcing services.  CEO Dean Adamopoulos, CTO Patrick Osterhaus, and the management team will maintain significant ownership in Protera and

Palatine appoints ESG Director

Palatine, a mid-market private equity firm, has promoted Stephanie Wall to the position of ESG Director. In her new role Wall joins Palatine’s senior management team. She will continue to lead projects across Palatine’s Buy-Out and Impact funds to embed ESG (environmental, social and governance) practices and continuous improvement across

Memsource acquires Phrase

Memsource, an AI-powered translation management system, together with its majority shareholder The Carlyle Group, has acquired Phrase, a leading software localisation platform. Headquartered in Prague, Czech Republic, Memsource is a translation technology provider that assists global corporations and the language services industry in automating the localisation of large volumes of

Maven Capital Partners adds to East Midlands investment team

Maven Capital Partners (Maven) has added to its East & South East Midlands team with the appointment of experienced banker Richard Brighty.  Brighty joins as Investment Manager, based in Maven’s Nottingham office, he will be responsible for identifying and backing new local businesses via the MEIF Debt Funds. Brighty will

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

CAPZA appoints head of Italian office

CAPZA, an independent management company and leading player in private investment in European SMEs, has appointed Stefano Zavattaro as head of its Italian branch.  Zavattaro, Partner and Country Manager, will be responsible for CAPZA’s investments in Italian SMEs and will support the transalpine development projects of CAPZA’s French, Spanish and

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

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