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Intelligence

The Healing Company secures investment to fund acquisition strategy

Wellness icon Deepak Chopra, psychedelics entrepreneur Christian Angermayer and Dragons’ Den investor Steven Bartlett, are backing The Healing Company, a new business set up to acquire consumer health brands, according to a report by CNBC. Chopra, who is to become chief scientific adviser, is acquiring a stake in there business

Ad tech platform Good-Loop closes USD6.1m Series A round

Good-Loop – a global ad tech company that converts people’s attention to ads into donations to good causes – has closed a Series A round of USD6.1 million (GBP4.5 million) led by led by New York-based investment fund, Quaestus Capital Management (QCM). Additional backing came from Scottish Enterprise, impact investor

Netaxis acquires Anyroute

Global Software and Services business Netaxis Solutions has acquired Anyroute in an asset deal that delivers the latest, Microsoft Teams capabilities to a telecoms client base. Netaxis’ products and services are used by major telecoms organisations worldwide to create new propositions, drive innovation and transform networks. Products like APIO and

Maples Group retains position as leading legal adviser to Irish-serviced funds

Maples and Calder’s Irish Funds & Investment Management team has retained its position as the leading legal adviser to Irish-serviced funds for the ninth consecutive year as ranked by Monterey Insight. This recognition further highlights the Group’s reputation as a market-leading and award winning adviser to the global funds industry.

Abrdn VC fund pulls in USD90.7m to date

Abrdn’s latest venture capital fund of funds has attracted USD90.7 million to date in capital commitments according to a report by CityWire. A regulatory filing with the Securities and Exchange Commission reveals that the fund is targeting USD250 million in total, while a Chicago Teachers’ Pension Fund (CTPF) board meeting

TELEO portfolio company UMT360 acquires Western Principles

TELEO Capital Management (TELEO) has acquired Western Principles Consulting, a Canadian Project Portfolio Management (PPM) consulting firm. The Business will be merged with UMT360, an existing TELEO portfolio company. Founded in 2005 with headquarters in Vancouver, British Columbia, Western Principles has successfully conducted PPM implementations across Canada, including Microsoft’s PPM

Hogan Lovells adds partner to M&A practice in New York

Global law firm Hogan Lovells has expanded its Mergers and Acquisitions (M&A) practice in New York with the appointment of Luke P Iovine, III as a partner. Iovine is the fourth corporate partner to join the New York office this month. His arrival follows that of M&A partners Peter Cohen-Millstein

HarbourVest Partners appoints Managing Director focused on strategy and innovation

HarbourVest Partners, a global private markets asset manager, has appointed Bryce Klempner as a managing director. Klempner will be a member of the firm’s investment solutions and strategy teams focusing on new product innovation and strategic growth. Klempner was previously a partner at McKinsey and co-head of its Global Institutional

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