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Intelligence

Stellar Labs raises USD26.3m in series A funding

Silicon Valley technology company Stellar Labs (Stella) has raised USD26.3 million in Series A equity financing from Global Jet Capital – a provider of corporate aircraft financing solutions capitalised by The Carlyle Group, Blackstone’s GSO Capital Partners, and AE Industrial Partners, Columbia Equity Partners (CEP), and Expa. Together with previous

Kevin Barr, SEI

SEI appoints US Equity Portfolio Manager

SEI has appointed David Hintz, CFA, as US Equity Portfolio Manager. In this role, Hintz will be responsible for the management of all US large-cap equity strategies and report to Jason Collins, Global Head of Equity Portfolio Management in the Investment Management Unit at SEI. “David demonstrates an investment philosophy

McCarthy Denning advises Curzon Energy LSE

McCarthy Denning has advised new Curzon Energy on the admission of its shares to the Standard List to trade on the main market of the London Stock Exchange (LSE). The company raised gross proceeds of GBP2.3 million by a placing and subscription at the time of admission. Curzon Energy aims

Nationwide Window Cleaning secures new BGF funding for acquisition

Yorkshire-based Nationwide Window Cleaning has received new investment of GBP1.5 million from BGF to support its organic growth strategy and the acquisition of Reflekt Cleaning Company. The investment follows a period of significant growth at NWC, with revenues increasing by close to 100 percent since BGF’s first investment, from GBP7.5

Broadstone secures NPIF funding

Security recruitment tech start up Broadstone has become the first Manchester business to receive Northern Powerhouse Investment Funding (NPIF) for its Broadstone Engage platform. City centre based Broadstone offers an online recruitment marketplace for both jobseekers and employers in the private security industry. Broadstone has received GBP200,000 from Maven, one

Hermes GPE raises USD620m for global co-investment platform

Hermes GPE, a specialist investor in global private equity, has successfully raised circa USD620 million for its co-investment platform. The Hermes GPE PEC III Co-Investment Fund LP (‘PEC III’) has exceeded its USD300 million target fund size with total commitments of USD389 million raised from a club of global pension

Edge Investments backs online TV rights licensing platform TRX

Edge Investments (Edge), a specialist investment house focused on the creative industries sector, in particular media and entertainment, has taken a minority stake in Dial Square 86 Ltd, the holding company for The RightsXchange Ltd (TRX). TRX is an online deal-making platform for TV rights licensing. It enables TV programme

LDC backs ENSEK MBO

UK-based mid-market private equity investor LDC has backed the management buyout of ENSEK, a software supplier to UK energy providers. After a significant number of recent customer wins, the multi-million-pound investment will enable the business to embark on the next stage of its growth journey.   Headquartered in Nottingham, ENSEK

Thomas H Lee Partners complete acquisition of majority interest in Ten-X

Private equity firm Thomas H Lee Partners has closed the acquisition of a majority interest in Ten-X, a US online real estate marketplace. Members of Ten-X’s senior management team, Stone Point Capital, and CapitalG (formerly Google Capital), among others, will continue to hold minority positions in the Company. Terms of

SalaryFinance closes GBP40m investment round

Employee benefits firm SalaryFinance has completed a GBP40 million funding round (subject to Financial Conduct Authority approval) led by Legal & General with founding investor Blenheim Chalcot also participating. SalaryFinance specialises in technology to help employees improve their financial health, consolidate debt and start saving. This investment signals growing recognition

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