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Intelligence

Capstreet sells Thorpe Specialty Services to KLH Capital

The Capstreet Group (Capstreet), a Houston-based lower middle market private equity firm, as sold Thorpe Specialty Services (Thorpe), a maintenance and engineering services and solutions provider in petrochemical and other industrial markets, to KLH Capital (KLH). Financial terms of the transaction have not been disclosed. Thorpe, which can trace its

Bybit partners with Circle

Bybit, the third largest crypto derivatives exchange in the world by volume, has partnered with Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC) and Euro Coin (EUROC) to help accelerate the growth of Bybit as a gateway for retail and institutional USDC-settled

Blue Point acquires Water Lilies Food

Blue Point Capital Partners has acquired Water Lilies Food, a manufacturer and distributor of premium frozen Asian-inspired cuisine for major retail private label and foodservice customers nationwide. Blue Point made the investment in partnership with Peter Lee, second generation family member and CEO, who is retaining a significant ownership position

AdTonos closes seed investment led by BlackSheep Fund

AdTonos, which successfully monetises gaming, podcasts, audiobooks, music and radio streams for over 1000 recognised publishers across the UK, EU, LATAM and the US, has closed a seed funding round of $2 million, which is slightly more than the company’s monthly sales, from BlackSheep Fund and ProtosNext, among other investors.

Accel leads $238m SeatGeek funding round at £1bn valuation

SeatGeek has raised $238 million as part of a Series E financing round led by long-time investor Accel, with participation from Wellington Management, Arctos Sports Partners, and Ryan Smith, founder and executive chairman of Qualtrics and founder of Smith Entertainment Group (SEG) which includes the Utah Jazz.

Real Drinks Group secures funding from IGF

Independent Growth Finance (IGF) has provided Real Drinks Group Ltd with a substantial funding facility to support its growth and future expansion. The funds provide working capital to sign on new customers and expand the variety of branded and supermarket own-brand drinks it supplies. Founded in 2005 by Nick Dolan,

Northern Gritstone appoints new investment manager

Northern Gritstone, a university spin-out investment business based in the north of England, has appointed Alison Maughan as investment manager. Maughan joins Northern Gritstone’s growing investment team, led by chief investment officer, Marion Bernard, who joined the company in January. She joins after nearly four years at Deepbridge Capital specialising

Ebury expands presence in alternative investment sector

Ebury, a global provider of transaction payment solutions, is increasing its presence in the alternative investment sector to meet growing demand for better, more focused services as an alternative to traditional banking providers.

White Oak deploys over $1bn in lending activity in H1 2022

White Oak Global Advisors (WOGA) provided over $1 billion in loans across all platforms between 1 January and 30 June, 2022. The total dollar amount provided by the global alternative asset manager accounts for 45 separate transactions to middle and small middle market businesses across a wide array of industries.

VRGL secures $15m in Series A round led by MissionOG and FINTOP Capital

VRGL, a provider of institutional-grade analytics and automated data extraction to the wealth management industry, has raised $15 million in a Series A round led by MissionOG and FINTOP Capital. Founding investors Sallyport Investments and Checchi Capital also participated. The round also included investments from other venture firms and strategic

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