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Intelligence

BGF makes GBP12m investment in Evolution Aqua

Multi award-winning manufacturer, Evolution Aqua, has announced a GBP12 million investment from the UK and Ireland’s most active growth capital investor, BGF. Wigan-headquartered Evolution Aqua is a designer, manufacturer and supplier of a wide range of water filtration products and associated equipment, primarily focused on the aquatics industry for both

NIO Capital closes Eve ONE Fund II at circa USD400m

NIO Capital, a Chinese investment firm focused on decarbonisation and digitalisation, has closed its flagship fund, Eve ONE Fund II at approximately USD400 million. The fund was oversubscribed and quickly surpassed its original target fund size and hard cap. Notably, this Fund has nearly doubled the capital commitments of its

Prudential Financial and LeapFrog Investments to acquire a strategic minority interest in Alexander Forbes Group Holdings Limited

Prudential Financial, in partnership with LeapFrog Investments Group (LeapFrog Investments), is to acquire a strategic minority interest in Alexander Forbes Group Holdings Limited, a provider of financial advice, retirement, investment, and holistic wealth management services in South Africa. The transaction builds upon Prudential Financial’s partnership with LeapFrog Investments to access

Triumvira Immunologics completes extension of Series A financing to USD100m

Triumvira Immunologics (Triumvira), a clinical-stage company developing novel, targeted autologous and allogeneic T cell therapeutics that co-opt the natural biology of T cells to treat patients with solid tumours, has completed an extension of its Series A financing, bringing the total round to approximately USD100 million. The Series A extension

Wisedocs closes oversubscribed USD4.1m seed financing led by Ripple

Wisedocs, a machine learning software-as-a-service for medical record processing closes has closed a CAD4.1 million oversubscribed Seed financing round led by Ripple Ventures. Greensky Capital, and angel investors including George A Papayiannis of Vena Solutions, and startup veteran, Tim Lett also particpated in the round.  Wisedocs’ software relies on proprietary

InvestaX secures funding from major crypto investment and capital markets firms

InvestaX, a MAS-licnsed (Monetary Authority of Singapore) digital securities platform, has secured investment from new strategic investors including Coinbase Ventures, Gate Ventures, Token Bay Capital, Sustainability Exchange Group (SEG), Global Blockchain Ventures, Startup-O, JST Capital, Baksh Capital, Thakral Corporation Ltd, Woodside Holdings Investment Management, and Balaji Srinivasan, for its Series

HIG Capital portfolio company Nadir Figueiredo acquires Cristar Tabletop

HIG Capital (HIG) portfolio company, Nadir Figueiredo (Nadir) has completed the acquisition of Cristar Tabletop (Cristar) from Owens Illinois, a US-listed company. The two companies combined generated revenues in excess of USD252 million in 2021. Based in Colombia, Cristar is a leading glass tableware company in the Andean region, holding

Cathay Capital, Eurazeo and Sagard NewGen look to invest EUR130m in DiliTrust

Cathay Capital, Eurazeo via its Small-Mid Buyout team, and Sagard NewGen, have signed an exclusivity agreement with a view to investing in DiliTrust alongside its management team led by Yves Garagnon and Nadim Baklouti. Under the agreement, the consortium of investors would become the group’s core shareholder by investing more

Audax Private Equity to sell Lifemark Health Group to Loblaw Companies

Audax Private Equity (Audax) is to sell Lifemark Health Group (Lifemark), a provider of physiotherapy, rehabilitation, and medical assessments in Canada, to Loblaw Companies Limited (Loblaw). Headquartered in Toronto, ON, Lifemark provides outpatient physiotherapy, massage therapy, occupational therapy, chiropractic, mental health, and other ancillary rehabilitation services.  Since partnering with Audax

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