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Intelligence

Round13 launches fund dedicated to emerging blockchain and digital assets market

Canadian venture capital firm Round13 has launched a new fund dedicated to investing in the emerging blockchain and digital assets market. The fund, which has raised $70 million to date and is targeting $100 million, is operated by Managing Partners and blockchain/digital asset market veterans, Satraj Bambra and Khaled Verjee. 

PSG makes strategic investment in Qmulos

Qmulos, a cybersecurity software and professional services firm, has secured a strategic growth investment from PSG, a growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth. Financial terms of the deal have not been disclosed.    The Qmulos platform enables customers to continuously monitor

Maranon Capital MD joins Paxton Patterson board of directors

Andrew Eshelman has joined the Board of Directors of Paxton/Patterson. Eshelman is a managing director at Maranon Capital where he is responsible for structuring, negotiating, and closing transactions. Eshelman joined Maranon in 2012 and has 13 years in leverage lending, asset management, and investment banking. He serves as a Board

Hudl acquires Realtrack Systems

Hudl, an industry-leading sports performance analysis company, is to acquire Realtrack Systems in its first acquisition in human performance wearable technology.

HIG Capital acquires Pixelle Specialty Solutions

An affiliate of global alternative investment firm HIG Capital (HIG) has completed the acquisition of Pixelle Specialty Solutions Holding (Pixelle). Pixelle is a provider of fibre-based specialty solutions in North America and  owns and operates four industry-leading specialty paper mills. Collectively the mills operate 11 paper machines and produce more

Cubera Private Equity appoints chief sustainability officer

Cubera Private Equity has appointed Urs Bitterling to the newly established position of chief sustainability officer. Bitterling, who reports directly to the CEO and is a member of Cubera’s leadership team, joins Cubera from Allianz SE where he has developed and led sustainability efforts since 2012. Bitterling will be responsible

Clearlake acquires BBB Industries

Clearlake Capital Group is to acquire BBB Industries, a sustainable manufacturer and specialist in the automotive aftermarket. Upon closing the transaction, Clearlake will become majority shareholders of BBB, while genitor Capital will remain as a minority investor.  Financial terms of the transaction, which is expected to close later this year

Funding Circle and Waterfall Asset Management form £1bn lending partnership

Funding Circle, a UK-based small business loan platform, and institutional asset manager Waterfall, have formed a lending partnership that will provide £1 billion of new funding to small businesses. The partnership leverages Funding Circle’s technology and distribution platform to deploy new funding to UK small businesses, continuing Waterfall’s support for

Thomas H Lee Partners makes growth investment in Inriver

Inriver, a specialist in revenue-driving product information management (PIM), has secured a majority investment from Thomas H Lee Partners (THL), a private equity firm investing in growth companies. Verdane, the European specialist growth equity investor and current inriver shareholder, will retain a significant stake in the Company.  The transaction will

Stellus Capital Management closes Stellus Credit Fund III at $1.8bn

Stellus Capital Management, a specialist in middle market direct lending, has held the final close of Stellus Credit Fund III (SCF III) with approximately $1.8 billion on investable capital, including target leverage, capital commitments to SCF III, investor-specific vehicles, and a newly launched private Business Development Company (Stellus Private Credit

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