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Intelligence

Bluewater PE-backed Galileo Technologies secures $33m investment from H&P

Galileo Technologies, a company that deploys a unique technology to capture natural gas from any source and convert it into Liquefied Natural Gas (LNG) on-site, has secured a major cornerstone investment from Helmerich & Payne (H&P), North America’s largest land drilling solutions provider. Galileo is backed by private equity firm

Apis Growth Fund I partially exits position in Sun King

Apis Growth Fund I, a private equity fund managed by Apis Partners (Apis Partners), a UK-based asset manager that supports growth stage financial services and financial infrastructure businesses, has successfully partially exited its position in off-grid solar energy company Sun King, formerly Greenlight Planet. Sun King thas competed a $260

Trilantic’s Orva appoints EVP and chief merchandising officer

Trilantic Portfolio company Orva, a full-service e-commerce platform specialising in the sale of footwear, apparel, accessories and home products from leading consumer brands, has appointed Jeff Espersen in the newly created role of Executive Vice President and Chief Merchandising Officer. Espersen will lead Orva’s merchandising strategy primarily in the company’s

Coherent raises $75m in Series B round led by Maverick Capital

Coherent, a global no-code software-as-a-service (SaaS) provider, has closed a $75 million Series B funding round led by Maverick Capital, including Maverick Ventures. Owl Rock, a Blue Owl division, GreatPoint Ventures, and existing investors Cathay Innovation and Franklin Templeton, also participated.   Coherent’s annual recurring revenue grew more than 10x

Triago appoints global CEO

Private equity advisor Triago has appointed Managing Partner Matt Swain to the newly-created post of global chief executive officer (CEO). Previously Co-Head of the Americas, Swain’s responsibilities widen to oversight of Triago’s worldwide operations in capital raising, secondary transactions and strategic advisory, across offices in New York, London, Paris and

Resurgens makes platform investment in i-Sight

Resurgens Technology Partners, a software-focused private equity firm, has made a platform investment in i-Sight, a provider of case management software targeted to HR, compliance and corporate security functions within mid-sized and large organisations. The company’s powerful case management software helps organisations detect and prevent issues by improving all aspects

Monroe Capital closes on $4.8bn of direct lending funds

Monroe Capital (Monroe) has held the final close of its 2022 Monroe Capital Private Credit Fund IV (Fund) with $4.8 billion of investable capital, including targeted fund leverage and separately managed accounts investing alongside the fund. The fund has limited partner commitments with over 300 investors in 17 countries. The

Keensight Capital to acquire Valiantys

Keensight Capital, a private equity manager dedicated to pan-European growth buyout investments, is to acquire a majority stake in Valiantys alongside the company’s existing management team. Valiantys has built a strong relationship with Atlassian, a provider of team collaboration and productivity software, and is one of the leading global transformation

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