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Intelligence

Telos Brands raises USD2.1m in seed funding from Picus Capital

San Francisco-based Telos Brands, a technology-first eCommerce company focused on the Amazon FBA ecosystem, announced a USD2.1 million seed round led by Picus Capital with participation from select business angels. Telos has also raised an undisclosed amount of debt from several financing partners to support acquisitions. Telos Brands is rethinking

L Squared completes acquisition of Sterling Trading Tech

L Squared Capital Partners has acquired  of Chicago-based Sterling Trading Tech (STT) from LLR Partners and other investors, a SaaS provider of financial technology for the global capital markets.  The investment represents L Squared’s fourth platform investment in Fund III, a USD505 million private equity fund that closed in September

Macquarie to sell Dovel Technologies to Guidehouse

Macquarie Capital is to sell Dovel Technologies (Dovel) to Guidehouse, a portfolio company of Veritas Capital.  Dovel is a leading expert to federal agencies that blends deep domain expertise and advanced technologies in the health IT, life sciences, public safety and grants management markets. Macquarie acquired a majority stake in

Centerview Partners adds to technology practice

Centerview Partners, an independent investment banking advisory firm, has added industry veterans Jack MacDonald, Gary Kirkham and Steve Miller to the firm’s technology practice in Palo Alto.  MacDonald, Kirkham and Miller each bring decades of senior-level investment banking experience across the technology industry. “We are thrilled to expand our technology

Diligend launches free to use SEC Form ADV data module for institutional investors

Diligend, a fund due diligence and monitoring software provider, has launched a new and free to use Form ADV data module. ADV data plays an instrumental role in helping investors make investment decisions during the selection of fund managers or when monitoring their existing portfolio. The data covers important information

Eventus closes USD30m Series B funding round

Eventus Systems, a provider of multi-asset class trade surveillance and market risk solutions, has closed a USD30 million Series B funding round, led by Centana Growth Partners.  Also participating in the round were DRW VC, an arm of principal trading firm DRW, CMT Digital, existing investors Jump Capital and LiveOak

Osceola Capital-backed Talent Group appoints new CEO

IT staffing company Talent Group has named industry veteran Matthew Ripaldi as its new Chief Executive Officer (CEO).   The company has also completed a major rebrand designed to better reflect its identity as a provider of a full suite of recruitment services poised for continued growth.   Formed in 2018

Silver Oak Services Partners recapitalises Drive Automotive Services

Silver Oak Services Partners (Silver Oak), a lower middle market private equity firm focused exclusively on business, healthcare and consumer service businesses, has led the recapitalisation of Drive Automotive Services (Drive). Drive, headquartered in Atlanta, Georgia, is a full-service operator of automotive repair shops, serving over 120,000 vehicles annually. The

Monroe Capital supports growth of NationsBenefits

Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the refinance of NationsBenefits.  Additionally, The Pritzker Organization, Denali Growth Partners, and Monroe Capital provided equity capital to enhance the existing service offerings and support future growth of the

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