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Intelligence

AvidXchange raises USD260m to support growth

AvidXchange, a provider of accounts payable (AP) and payment automation solutions for the middle market, has raised USD260 million in equity capital as part of the company’s latest financing round. With contributions from TPG Sixth Street Partners and other investors, this brings total funding to more than USD800 million over the company’s 20-year history. The new capital

International corporate finance firm Clearwater opens new Yorkshire office

Clearwater International has opened a new office in Yorkshire as the business continues to grow its national and international footprint.The new office in Leeds will be headed by recently appointed Partner Richard Goldsack who joins Clearwater International with 19 years’ experience in the corporate finance industry. Having previously worked at

Deaglo aiming to mitigate the FX risk of cross-border transactions

Deaglo, a cross-border advisory firm that provides FX execution and risk management solutions to institutional investors, investment managers, multinational corporations and private clients, has launched. The firm says its aim is to ‘educate and empower CFOs to take control of their FX risk and manage their cross-border transactions more effectively’. Ashley

Arcesium secures strategic investment from JP Morgan

Arcesium, an investment management technology and professional services firm, has secured an investment from JP Morgan.  The investment deepens Arcesium’s strategic partnership with JP Morgan, including their Securities Services business, a provider of independent fund administration and comprehensive outsourcing solutions to alternative fund managers, asset managers, and asset owners. Terms of

Veritas Capital to acquire Campus Management and Edcentric from Leeds Equity Partners

An affiliate of private equity firm Veritas Capital (Veritas) is to acquire Campus Management Acquisition Corp (Campus Management”) and Edcentric Holdings (Edcentric) from Leeds Equity Partners (Leeds Equity).Leeds Equity will continue as an investor in both companies in partnership with Veritas. Campus Management is a global provider of cloud-based student

Pantheon promotes two to partner

Pantheon has promoted two London-based investment principals, Toni Vainio and Erik Wong, t partner.In addition, four other staff members have been promoted to Principal: Stuart Cullen, Investment, London; Iain Jones, Investor Relations & Marketing, San Francisco; Kunal Sood, Investment, Hong Kong; and Bing Wong, Investment, San Francisco. Among a total

Ingenious invests in 3D Repo

Ingenious’ Infrastructure Ventures EIS Service has led a GBP2.3 million A-series investment round in 3D Repo, the pioneers of cloud-based design collaboration in Building Information Modelling (BIM).The investment represents another major vote of confidence and a financial boost for 3D Repo’s digital construction services business.   Cutting-edge technology by 3D

Evercore appoints Senior Managing Director

Evercore has appointed Joe Todd as a managing director in the firm’s Investment Banking business. Todd will focus on advising large, multinational companies across a range of industries and will team with other Senior Managing Directors to develop new business and to execute complex client advisory assignments. He will be based

415 CAPITAL holds first closing of targeted USD100m new medtech VC fund

415 CAPITAL Management (415 CAPITAL) has held a first closing of its new medtech venture capital fund, 415 CAPITAL Fund I. The new fund will invest in medical device companies in Europe, Israel and the United States, with a focus on startups developing groundbreaking technologies to diagnose and treat Cardiovascular disease

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