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Intelligence

PE-backed RoadSafe Traffic Systems acquires North Valley Barricade

RoadSafe Traffic Systems, a US-based provider of traffic control and pavement marking services, has acquired North Valley Barricade, it’s sixth acquisition since entering into a partnership with private equity firms Investcorp and Trilantic North America in April 2021. Based in Yuba City, California, NVB retails traffic control products and other

Circularity Capital leads €19m growth capital funding round in REBIKE

Circularity Capital has continued to build its portfolio of European growth stage businesses enabling the circular economy, by leading a €19 million growth capital round in REBIKE. REBIKE has simultaneously raised €5 million in debt, contributing to a €24 million financing round in total.   A specialist in premium eBike

Arch Venture Partners leads $130m Be Bio Series B funding round

Be Biopharma (Be Bio), a specialist in the discovery and development of Engineered B Cell Medicines (BeCM), has closed a $130 million Series B financing round led by Arch Venture Partners. Bristol Myers Squibb and other new investors also particpated, alongside existing investors including Atlas Venture, RA Capital Management, Alta

Pembroke VCT invests further £2m into OnePlan

Pembroke VCT, a venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, has invested a further £2 million into OnePlan, a collaborative, real-time event management platform, as part of a £4.1 million investment round. Pembroke VCT first invested in OnePlan in June 2021 shortly after

Nylas launches new alumni fund with $20,000 seed funding

Nylas, a provider of communications APIs that drive workflow automation and frictionless digital experiences, has launched the new Nylas Alumni Fund. The fund supports both current and former Nylas employee entrepreneurs to launch their early-stage startups. Nylas will contribute up to $20,000 towards a seed round of funding in support

NewSpring Mezzanine invests in Mountain Temp Services

NewSpring Mezzanine, NewSring’s dedicated mezzanine strategy, has invested in Mountain Temp Services (MTS) in partnership with Dawn Patrol Partners and Jackson Partners. MTS is a leading provider of temporary staffing specialising in light industrial services with 13 branches serving the Mountain West region.  NewSpring Mezzanine has invested subordinated debt and

BOOST&Co invests £5m in Britannia Life Sciences to fund significant acquisition

Britannia Life Sciences (Britannia) has secured a £5 million investment from alternative lender BOOST&Co to fund an additional 10% stake in ADSL, a provider of compliance, testing and analytical services within the cosmetics and household goods industry. This investment will see Britannia’s interest in ADSL grow to 70%.    

Vivaris Capital partners with The Tesla Foundation to Form Tesla Climate Capital

Vivaris Capital, a multi-strategy fund offering hybrid hedge and private equity structures, has agreed a strategic, joint-venture partnership with the Tesla Foundation to form Tesla Climate Capital. Tesla Climate Capital will commercialise leading technologies in vehicle electrification, energy storage, carbon sequestration, and power generation. It will also incubate aspiring global

Qualium Investissement acquires Recocash from IK Partners

Qualium Investissement (Qualium) is to acquire Recocash from IK Partners (IK). Financial terms of the transaction have not been disclosed.   Since 1971, Recocash has been offering tailor-made debt-servicing solutions adapted to each customer environment, resulting in a high level of efficiency and customer satisfaction. Thanks to its proprietary credit

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