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Intelligence

LinkSquares secures USD100m in Series C funding round led by G Squared

LinkSquares, the company behind an AI-powered contract management platform, has raised USD100 million in a Series C financing lround ed by G Squared. New investor G2 Venture Partners as well as existing investors also participated in the round which brings the company’s total funding to USD161.5 million, at a current

Franklin Templeton completes acquisition of Lexington Partners

Franklin Resources, a global investment management organisation operating as Franklin Templeton, has completed its acquisition of Lexington Partners (Lexington), a global manager of secondary private equity and co-investment funds. With this closing, Franklin Templeton has significantly expanded the breadth and scale of its alternative asset strategies with over USD200 billion

C Street appoints co-heads of DEI Advisory practice

C Street has appointed Bre Pressey and Dr Thomas Ogorzalek as Co-Heads of the firm’s Diversity, Equity, and Inclusion (DEI) Advisory practice. Together, Pressey and Ogorzalek will lead the group at C Street advising clients on how to best invest in DEI and make DEI systemic in their organisations.

BVCA appoints new chair

The British Private Equity and Venture Capital Association (BVCA) has appointed Charlie Troup as chair of its council for the next year up to 31 March 2023. Troup brings to the role nearly 30 years’ experience in private equity, having supported businesses of all sizes and at all stages of

Blue Wolf Capital closes Fund V at USD1.1bn

Blue Wolf Capital Partners (Blue Wolf), a New York-based private equity firm, has closed Blue Wolf Capital Fund V at its hard cap of USD1.1 billion. The fund was oversubscribed with strong support from existing investors along with a diverse base of new partners, including pension funds, endowments, foundations, fund-of-funds,

Talk Talk acquires BGF-backed Virtual1

BGF has exited its investment in Virtual1, a London-based cloud and connectivity service provider, which it backed in 2017 with a GBP10 million investment, via a sale to TalkTalk Group. TalkTalk Group provides fibre, broadband, TV and landline services to over four million UK customers, and operates Britain’s biggest unbundled

Nous Systems launches seven-figure seed round raise at EUR30m valuation

European blockchain start-up Nous Systems has launched a seven-figure seed fund raise based on a EUR30 million valuation as it develops the world’s first decentralised investment platform, which will be launched later this year, allowing investors access to automated asset management services. Despite the proliferation in products and services offering

Law-Tech services group secures GBP9.5m in funding round led by BOOST&Co

Spirant Group has secured GBP9.5 million in funding from the alternative lender BOOST&Co to support the business in its international expansion and ongoing growth. The investment will be used to develop the firm’s outsourcing strategy and legal-tech offering and is anticipated to provide a single funding solution across the entire

CVC invests in Radwell International

CVC Capital Partners VIII (CVC Fund VIII), has invested in Radwell International (Radwell), a global distributor of new and surplus industrial automation components. CVC Fund VIII is acquiring an interest in the company from founder & CEO Brian Radwell and Greenbriar Equity Group (Greenbriar), both of whom will remain significant

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