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Investments

Assetz Capital rate increase pulls in GBP10 million of new investments

Following its recent four-week promotional interest rate rise on its 30 Day Access Account, UK peer-to-peer finance platform Assetz Capital has seen more than GBP10 million of new investment in P2P loans, with one week still to go on the offer. Since the rate increase went live on 13 April, investors have had access

Clippings raises GBP2.8 million in Series A fundraising

Clippings, an online marketplace for sourcing furniture and lighting from premium design brands, has raised GBP2.8 million in a Series A round of venture capital funding. Clippings aggregates premium design products from the world's top brands in one online marketplace, addressing a crucial pain-point in the discovery and purchase experience

TPG Growth invests in Club Pilates

TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, has invested in Club Pilates, the largest franchisor of pilates studios in the US. Additional terms of the transaction have not been disclosed.   Club Pilates is the US’ largest and fastest growing pilates brand. Founded

Crestline leads USD450m in transactions through PE credit and fund restructuring team

The private equity credit and fund restructuring team of institutional alternative asset manager Crestline Investors has closed four transactions committing a combined total of more than USD200 million in capital. Crestline also assumed governance rights across another USD250 million of capital contributed or rolled by existing investors.   The group,

MPP Global raises GBP12m from Albion Ventures and Grafton Capital

MPP Global, a high growth technology business delivering digital monetisation services to the media, sport and retail sectors, has completed a GBP12 million (USD15 million) Series B financing round from Albion Ventures and Grafton Capital. Based in Warrington, UK, MPP Global counts major global media companies including Sky, News UK,

CVC Credit Partners provides financing for TWMA deal

CVC Credit Partners’ European private debt business has provided a unitranche debt facility to Buckthorn Partners to support its investment in TWMA. Buckthorn, a specialist oil field services investment firm, will work alongside TWMA to accelerate its plans for global growth, product and service expansion, and further investment into research and

Accel-KKR secures investment by GSAM’s Petershill programme

The Goldman Sachs Asset Management (GSAM) Petershill programme has made a minority equity investment in technology-focused private equity Accel-KKR.  The investment by the Petershill programme is a passive, non-voting stake in Accel-KKR that represents less than 10 per cent of the economic interests of the firm.   Tom Barnds and

Sumeru makes USD120m investment in Snow Software

Snow Software, a provider of software asset management (SAM) and cloud spend management solutions, has secured a USD120 million investment from Sumeru Equity Partners (SEP) and Ontario Pension Board (OPB). The investment will accelerate global expansion plans, enhance Snow’s offering across mobile and cloud platforms and drive new product innovation.

ChromaCode raises USD12m in Series B fundraising

ChromaCode has raised USD12 million in Series B funding led by New Enterprise Associates (NEA) with participation from existing investors Domain Associates, who led the Series A round in 2015, and Okapi Ventures.  The funding will be used to fuel development and establish the commercial infrastructure for ChromaCode's High-Definition Polymerase

Winton and Amadeus Capital Partners invest in Exonar

Winton Group has invested GBP750,000 as part of a GBP1.25 million investment round into Exonar, a specialist in compliance with the European Union General Data Protection Regulation (EU GDPR). Amadeus Capital Partners, the global technology investor, has joined Winton and existing angels in providing investment for Exonar.   The investment

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