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Intelligence

HIG Capital appoints Head of European Middle Market Private Equity

HIG Capital has appointed Markus Noe-Nordberg as a Managing Director and Head of Middle Market Private Equity in Europe. Based in London, Markus will lead HIG’s middle market private equity activities in Europe. He has 30 years of experience in finance and leveraged buyouts. Prior to joining HIG Capital, he

Baffin Bay Networks expands into the US with acquisition of Loryka

Baffin Bay Networks, a cloud-native cyber security specialist, has acquired US data security business Loryka, which focuses on botnet and IoT research. Baffin Bay Networks, its team hailing from major US security enterprises and Nordic banks, launched its cloud-based threat prevention service in 2017. This acquisition is the latest milestone following

Announcement

CloseCross raises USD3m

CloseCross, a multi-party, decentralised derivatives trading platform in beta, has opened its investment round with USD3 million backed by Amnis Ventures, a privately owned venture fund based in Houston, Texas. The investment puts CloseCross at a post-money valuation of USD60 million.   CloseCross is committed to a disruption of the

Nimbus appoints investment director

Private equity firm Nimbus has strengthened its senior team in the UK with the appointment of David Keenan as investment director.  Keenan joins Nimbus from PwC corporate finance division where he advised as a Director on a number of significant mid-market private equity transactions across a range of sectors throughout

dv01 secures USD15m in Series B round led by Pivot Investment Partners

dv01, an end-to-end data management, reporting and analytics platform offering loan level transparency and insight into lending markets, has raised USD15 million in Series B funding, led by Pivot Investment Partners. Other participants include a new strategic investor, Regions Financial Corp., as well as existing investors, including Quantum Strategic Partners

Cannamedical receives EUR15m equity investment from Orkila Capital

Cannamedical Pharma, an independent cannabis wholesaler in Germany and the European Union, has received a EUR15 million equity investment from the US- and Germany-based growth equity investment firm Orkila Capital. As a result of its investment, Orkila Capital has acquired a minority in Cannamedical.   “I am very pleased that

King & Spalding adds Corporate Partner in DC

King & Spalding has appointed Alan Noskow as a partner in the firm’s Corporate, Finance and Investments practice group in the Washington DC office. Noskow’s practice focuses on private equity, leveraged buyouts, debt and equity financings, M&A and other complex business transactions, both domestic and international. He represents companies in

Money changing hands

Bipsync secures USD7m growth investment led by Edison Partners

Bipsync, a research platform provider for investment management firms, has secured USD7 million in a growth investment round led by Edison Partners. FINTOP Capital also participated in the round.   Proceeds will be used to expand Bipsync’s global footprint and accelerate product innovation, customer success initiatives, and sales and marketing

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