Lovell Minnick Partners, a private equity firm focused on investments in the global financial services industry, has completed a significant growth investment in Fortis Payment Systems (Fortis), a payments technology and merchant services provider. Financial terms of the private transaction have not been disclosed. Headquartered in Novi, Michigan, Fortis provides payment

OfficeSpace Software, a specialist in workplace management solutions, has secured a strategic equity investment from Resurgens Technology Partners, a software-focused private equity firm. The partnership will enable OfficeSpace to increase investment in its market-leading software, accelerate key go-to-market initiatives, and further enhance its highly-regarded customer experience.   OfficeSpace is a

British Business Investments, a commercial subsidiary of the British Business Bank, has made its second cornerstone commitment this year through its GBP500 million Managed Funds Programme. The GBP100 million commitment is being made to the Hermes GPE Innovation Fund which is seeking to raise a target of GBP250 million. Investments

The Catalyst-CEL China-Israel Fund (CCF) has made an investment in Arbe Robotics (Arbe), the provider of next-generation 4D Imaging Radar Chipset Solution that enables high-resolution sensing for advanced driver-assistance systems (ADAS) and autonomous vehicles. The Fund led Arbe’s USD32 million B-round fundraising, and is joined by Beijing Automotive Investment Capital,

NewHold Enterprises (NewHold), a long-term investment holding company and direct investment platform focused on middle market industrials and services firms, has invested in PRIME AE Group, (PRIME AE). Financial terms of the transaction have not been disclosed. PRIME AE is focused on the architecture and engineering services (AE) industry and

Accenture has invested in and formed a strategic alliance with TradeIX, a Dublin-based company whose open platform uses distributed ledger technology to facilitate the flow of goods, services, transactions and information within a secure environment for global trade.  Terms of the equity investment have not been disclosed.   Current trade relies on

Inflexion-backed Shimtech Industries has acquired Fastener Technology Corporation (FTC), a North Hollywood based supplier of high-strength specialty fasteners for commercial and military aerospace applications. FTC was founded by Bulent Gulistan in 1979 and has built a strong reputation as an innovative and reliable supplier serving more than 400 customers. Some

Foresight Group (Foresight) has made a GBP2.0 million investment as part of a GBP3.3 million round into award-winning novel thin film ultrasound technology company Novosound Ltd (Novosound). The Foresight Williams Technology EIS Fund led the round, investing GBP1.5 million alongside GBP500,000 from the Foresight Scottish Growth Fund, financed by the

HIG Growth Partners (HIG), the growth capital investment affiliate of HIG Capital, has invested in the Series D growth financing for Passport Labs, a mobility management platform. Founded in 2010 and based in Charlotte, North Carolina, Passport serves nearly 1,000 clients worldwide, helping them solve mobility challenges with solutions for