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Intelligence

Nexxus III exits Olab investment

Nexxus Capital Private Equity Fund III has sold it sold its holding in Diagnósticos de México, Diamex (Olab), a diagnostic healthcare provider offering diagnostic imaging and clinical analysis through a network of 40 branches in Mexico. Nexxus III invested in Olab when the Company had 22 units (12 regular, 2

Portea Medical closes USD37.5m series B funding led by Accel

Indian home healthcare company Portea Medical has secured USD37.5 million in a Series B funding round led by Accel. International Finance Corporation (IFC), a member of the World Bank Group; Qualcomm Ventures and Ventureast also participated in this round. Portea will use the latest investment to fuel the company’s expansion

CEPRES appoints Karl-Heinz Floether and Iain Stokes to Advisory Board

CEPRES has appointed Karl-Heinz Floether (pictured, ex-International Chairman Accenture) and Iain Stokes (ex-Head of EMEA Private Equity State Street Bank) to the Company's Advisory Board. Both are respected thought-leaders in the future of FinTech and will help set strategy to continue CEPRES’ rapid growth in North America, Europe and Asia.

Dechert advises Accel and Lead Edge in USD200 million BlaBlaCar fundraising

Dechert advised US venture capital firms Accel Partners and LeadEdge Capital in the USD200m fund raising by BlaBlaCar, the French ride-sharing start-up. This new fund raising, the largest to date for a French tech company, will help the company to continue its growth in countries where BlaBlaCar is already well

Money stack

SFX secures USD90m in new financing

SFX Entertainment has secured USD60 million in new financing and refinanced its existing USD30 million revolving credit facility, securing capital for new initiatives and operating and working capital needs. The USD90 million comes from both new and existing investors, with USD60 million in private placement financing and USD30 million in

21 Concordia closes on EUR100m fundraising

21 Concordia, the Warsaw-based, Polish branch of 21 Partners, held its second and final close with aggregate commitments of EUR100 million, garnering strong interest from leading international institutions. Managed by four experienced Polish Managing Partners: Dariusz Górka, Andrzej Mierzwa, Marek Modecki (pictured) and Dawid Sukacz, the team on-the-ground invests in

EME Investments acquires majority stake in Clive Christian

Clive Christian, a UK-based luxury interiors and fragrance brand, has been acquired by EME Investments 5, a private equity firm backed by a consortium of investors including Sir Brian Souter, Ann Gloag, EME Capital and Perscitus Advisers. The investment, which will see the founder, Clive Christian OBE, dispose of a

Noerr advises HelloFresh on investment by Baillie Gifford

The international commercial law firm Noerr has advised recipe kit delivery service Hello Fresh on a financing round. Hello Fresh was valued at EUR 2.6 billion in the context of the transaction. In this round of financing, international funds advised by the Scottish asset management Baillie Gifford invested EUR75 million

shaking hands

Hercules hires Melanie Grace as General Counsel and Chief Compliance Officer

Hercules Technology Growth Capital, a specialty finance company for innovative, high-growth venture capital-backed companies, has appointed Melanie Grace as General Counsel and Chief Compliance Officer. Grace will oversee Hercules’ legal and compliance functions and serve as corporate secretary. She will report directly to Mark R Harris, Chief Financial Officer of

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