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Intelligence

Trilantic North America-backed Outdoor Living Supply acquires Norristown Brick

Outdoor Living Supply (OLS), a distribution platform for outdoor living products with a focus on hardscapes backed by Trilantic North America, has acquired Norristown Brick, an independent distributor of masonry, landscape, and hardscape materials. This acquisition further strengthens OLS’s presence in the mid-Atlantic market.   Based in Norristown, Pennsylvania, Norristown

Nordic Capital Makes minority investment in RiskPoint Group

Nordic Capital is to acquire a minority stake in RiskPoint Group (RiskPoint), a global independent specialty insurance Managing General Underwriter (MGU) based in Copenhagen with offices in Stockholm, Oslo, Helsinki, Amsterdam, Frankfurt, Zurich, Madrid, London and New York, subject to regulatory approvals. The investment will help support RiskPoint’s global growth

Eton Solutions raises $38m in Series C funding round led by Navis

Eton Solutions, the developer of the cloud-based AtlasFive family office technology platform, has raised $38 million in a Series C funding round led by new investor Navis Capital Partners (Navis). The investment will help Eton fund the company’s rapid growth, product development, and international expansion as the premier provider of

Lightspeed raises over $7bn to fund early- and growth-stage investors

Lightspeed Venture Partners (Lightspeed) has closed Lightspeed Venture Partners XIV-A/B (Fund XIV) with $1.98 billion, Lightspeed Venture Partners Select V (Select Fund V) with $2.26 billion, and Lightspeed Opportunity Fund II (Opportunity Fund II) with $2.36 billion of committed capital. Separately, Lightspeed India Partners has also closed a $500 million

SingleOps rakes in $74m growth equity investment led by FTV Capital

SingleOps, a provider of all-in-one SaaS business management software for the green industry, has secured a $74 million growth equity investment from FTV Capital, a sector-focused growth equity investor with more than two decades of experience in vertical software and payments. The funding will enable SingleOps to expand its platform

BOOST&Co invests £4m in Caerdav

Glamorgan-based aviation business Caerdav is set to create 100 jobs following a £4 million investment from independent asset manager BOOST&Co, which will support its growth ambitions as the aviation sector continues its post-Covid recovery. Founded in 2012, Caerdav provides aircraft maintenance, repair and overhaul (MRO), consultancy and pilot training services

Apera closes second private debt fund at €1.27bn

Apera Asset Management (Apera), a pan-European mid-market private debt investor, has completed fundraising for the Apera Private Debt Fund II (Fund II) and associated vehicles, with total investible capital of €1.27 billion. Apera’s Private Debt strategy focuses on senior secured unitranche financings across Europe.  The raised capital exceeds the initial

Serent Capital sells portfolio company Motility Software to Reynolds & Reynolds

Motility Software, a specialist in end-to-end dealer management software for specialty dealerships and backed by Serent Capital, announced today it has been acquired by The Reynolds and Reynolds Company, a leading provider of automobile dealership software and services. The two companies are joining forces to drive operational excellence at specialty

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