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Intelligence

Lovell Minnick Partners invests in Fortis Payment Systems

Lovell Minnick Partners, a private equity firm focused on investments in the global financial services industry, has completed a significant growth investment in Fortis Payment Systems (Fortis), a payments technology and merchant services provider. Financial terms of the private transaction have not been disclosed. Headquartered in Novi, Michigan, Fortis provides payment

BGF expands North West team with new hire

BGF has appointed James Marshall to its Manchester investment team, covering the North West. Marshall joins from Clearwater International and brings more than five years of working on deal origination, having joined the business with an economics degree in 2014.  Marshall’s role at BGF will see his continued focus on

Resurgens Technology Partners invests in OfficeSpace

OfficeSpace Software, a specialist in workplace management solutions, has secured a strategic equity investment from Resurgens Technology Partners, a software-focused private equity firm. The partnership will enable OfficeSpace to increase investment in its market-leading software, accelerate key go-to-market initiatives, and further enhance its highly-regarded customer experience.   OfficeSpace is a

Thirteen secures GBP100m private placement deal with UK and US Investors

Thirteen has successfully issued a private placement to a group of high-profile UK and US institutional investors, securing a GBP100 million injection of new capital. As the largest housing association in the North East with over 34,000 homes, Thirteen secured the funding after its leadership team impressed investors at a

British Business Investments commits up to GBP100m

British Business Investments, a commercial subsidiary of the British Business Bank, has made its second cornerstone commitment this year through its GBP500 million Managed Funds Programme. The GBP100 million commitment is being made to the Hermes GPE Innovation Fund which is seeking to raise a target of GBP250 million. Investments

Barings Backs Montagu Private Equity’s ascquisition of Jane’s

Barings has served as mandated lead arranger and sole provider of a senior secured credit facility to support Montagu Private Equity (Montagu) in its acquisition of Jane’s from IHS Markit. Jane’s is a leading global provider of open source information to the aerospace, defence and security industries. Financial terms have

Octopus Investments and Calculus Capital provide growth funding to FISCAL Technologies

Octopus Investments’ Development Capital team has led a GBP3.6 million funding round, alongside Calculus Capital, into FISCAL Technologies, a world leading provider of forensic solutions and services headquartered in Reading. FISCAL Technologies’ solutions empower purchase-to-pay teams across the globe to protect their organisational spend. Its NXG Forensics® enterprise solution provides

Catalyst-CEL China-Israel Fund leads USD32m round B investment into Arbe

The Catalyst-CEL China-Israel Fund (CCF) has made an investment in Arbe Robotics (Arbe), the provider of next-generation 4D Imaging Radar Chipset Solution that enables high-resolution sensing for advanced driver-assistance systems (ADAS) and autonomous vehicles. The Fund led Arbe’s USD32 million B-round fundraising, and is joined by Beijing Automotive Investment Capital,

Polsinelli adds attorney with private funds transactions and formation focus

Polsinelli, an Am Law 100 firm, has added Daniel L McAvoy to its team in New York as a Shareholder in the firm’s Securities & Corporate Finance practice. McAvoy’s practice focuses on private closed-end investment funds, corporate finance, securities regulation and M&A with a particular specialisation in private investment fund

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