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Intelligence

VC secondaries market to top $130bn by 2023

Having passed the $100 billion mark in 2021, research by venture capital secondaries specialist Industry Ventures suggets the VC secondaries market could top $130 billion by 2023 according to a report by SecondariesInvestor.

Tailwind Capital sells ArrowStream

Tailwind Capital (Tailwind) has completed the sale of ArrowStream (ArrowStream) to Buyers Edge Platform (Buyers Edge). Terms of the transaction have not been disclosed. ArrowStream is a specialist in supply chain management visibility for the foodservice industry, enabling clients to capitalise on data to improve their supply chain operations. ArrowStream’s

Omni-Backed Fortes Partners acquires DMJ Recruitment

Fortes Partners Limited, a multi-disciplinary staffing group backed by alternative investment management firm Omni Partners LLP, has acquired legal and secretarial staffing specialist DMJ Recruitment. Founded in 2007, DMJ Recruitment is one of the largest London-based independent staffing businesses placing legal professionals and company secretaries in private practice and in-house

Mill Point Capital completes carve-out of CrashPlan Group

An affiliate of Mill Point Capital (Mill Point Capital), a middle-market private equity firm focused on control-oriented investments in the IT services, business services and industrials sectors in North America, has acquired CrashPlan Group (CrashPlan) from Code42 Software, Inc (Code42) in a corporate carve-out transaction. CrashPlan is a leading provider

Maven invests £450,000 in Househam Sprayers

Househam Sprayers Limited (Househam) has secured a £450,000 funding package from MEIF Maven Debt Finance East and South East Midlands via the Recovery Loan Scheme. The Fund is part of Midlands Engine Investment Fund (MEIF) and is managed by Maven Capital Partners (Maven).  The business is planning to use the

LDC makes Avantis investment

LDC, a mid-market private equity firm, has invested in Avantis, a provider of virtual reality-based learning technology to the international education market. LDC’s investment was led by Partner Aziz Ul-Haq and Investment Manager Grant Goodwin from its North West team, both of whom will also join the board. Andy McEwan

HighPost Capital raises $535m for consumer-focused investments

HighPost Capital (HighPost), a private investment firm focused on the global consumer sector, has closed its inaugural fund, HighPost Capital Fund I (Fund I) at $420 million. HighPost has raised an additional $115 million through affiliated co-investment vehicles to invest alongside Fund I for a total of $535 million in

Flashpoint Venture Capital holds $102m close of VC III Fund

Flashpoint Venture Capital has closed it VCIII fund with $102 million of capital commitments, including $20 million from its first institutional limited partner Széchenyi Funds. Flashpoint VC focuses on global Series A tech startups originating in Emerging Europe and Israel. While Széchenyi Funds’ focus is on financial institutions, large corporates,

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