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Graphite Capital expands and strengthens team

UK mid market private equity specialist Graphite Capital has announced a number of promotions and appointments including the promotion of Mike Innes to Graphite’s Management Board. Innes joined Graphite in 2005 and has led and structured a variety of investments, including Beck & Pollitzer, Trenchard Aviation and Dominion Gas. He

The UK ranks No1 in edtech venture capital funding in Europe

The UK ranks No1 in educational technology venture capital and angel funding in Europe, contributing 34 per cent (GBP178 million) of the total, according to Benjamin Vedrenne-Cloquet, co-founder of London EdTech Week and EdtechXGlobal, and partner in IBIS Capital, a leading edtech investment firm. The educational technology sector is one

Scopely raises USD60m round led by Revolution Growth

Scopely, a free-to-play interactive entertainment network, has raised USD60 million in a Series C financing led by Revolution Growth, which is helmed by former AOL executives, Steve Case, Donn Davis, and Ted Leonsis. Revolution Growth Managing Partner Donn Davis will join Scopely’s Board; additional investors in the round include Greenspring

Wecast to form JV with He Ying Private Equity Fund

Wecast Network has formed a Joint Venture (JV) called Seven Stars He Ying Smart Cloud (SSHY), with Beijing HE YING Fund Management Limited (He Ying). The JV, which will be 51 per cent owned by Wecast and be added to the Product Sales Cloud, will focus on several strategic areas

Mobike raises over USD600m in Series E financing led by Tencent

Smart bike-sharing company Mobike has raised over USD600 million in a new round of financing led by existing investor Tencent, plus Sequoia, TPG, and Hillhouse Capital, among others. New investors in this round included leading banks BOCOM International, ICBC International, and global institutional asset management firm Farallon Capital. China Renaissance

eQ’s second US PE fund raises over USD100m

eQ Asset Management (eQ) has raised over USD100 million for eQ PE IX US, the firm’s second private equity offering focused investing in North America. The final closing was held on 14 June 2017. eQ’s dirst PE fund – Q PE VII US – was founded in 2015 with USD80

Mark Coriaty, Eze Castle Integration

Will outsourcing shield you from cyber threats?

Just a decade ago, the cyber threat landscape was far less pronounced, but thanks to significant advances in IT, mobile technology and digital platforms, the threat of cybercrime has grown exponentially and poses risks across the global industry and for national critical infrastructure (power stations, hospitals, dams, financial services). As

GPB Capital appoints MD and Head of Capital Markets

Anisha Malhotra has joined GPB Capital as a Managing Director and Head of Capital Markets. Malhotra is a member of GPB Capital’s Accounting and Finance Team, and is responsible for handling all debt financing needs across the firm’s portfolio of operating companies. “We remain committed to enhancing operations, collaboration, and

Golden Gate Capital acquires Express Oil Change & Tire Engineers

Private Equity investment firm Golden Gate Capital (GGC) has acquired Express Oil Change & Tire Engineers (Express Oil) from Carousel Capital. Express Oil will remain headquartered in Birmingham, Alabama and will continue to be led by its current management team, including Chief Executive Officer Ricky Brooks. Express Oil’s management and

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