L Squared Capital Partners has made a USD40 million growth investment in Edlio, a provider of cloud-based software to the K-12 market. Built on a Software-as-a-Service platform, Edlio’s content management system facilitates connections and interaction among teachers, administrators, parents and students through a variety of different modules.   The investment

Cloud9 Technologies, a cloud-based communication provider for financial firms and institutional traders, has closed a USD30 million funding round led by JPMorgan Chase, with ICAP, Barclays and Point72 Ventures.  The round also includes individual participation by the principals of several trading firms, such as Hudson Ridge Asset Management, who were

Recruitment financing provider Sonovate has raised GBP14 million in a Series B funding round led by Global Founders Capital, the investment vehicle of Rocket Internet, and supported by Dawn Capital. Comprising GBP9 million in equity and GBP5 million in debt funding, this round of investment follows the GBP20 million funding

Equistone-backed Mecaplast Group, a supplier of plastic components for the automotive industry, has entered into an agreement to purchase Key Plastics Corporation, a manufacturer of automotive interior, exterior and under-the-bonnet plastic components. Through the transaction, Mecaplast Group will expand its presence in key markets such as the US, Germany and

Arma Partners has acted as exclusive financial adviser to Five Arrows Principal Investments on its investment in White Clarke Group, a provider of end-to-end automotive and asset finance technology solutions. Founded in 1992 and headquartered in Milton Keynes, UK, White Clarke Group delivers its mission-critical "CALMS" software and consulting services

Fintech start-up iwoca has completed a GBP21.4 million Series C round led by Prime Ventures with existing investors Acton Capital Partners and CommerzVentures. iwoca has also secured a GBP25 million debt facility through Shawbrook which will help the provider of flexible credit facilities to SMEs to further accelerate its loan

Graycliff Partners, an independent investment firm focusing on middle market private equity and mezzanine investments, has provided subordinated debt and equity financing to Dedoes Industries, a manufacturer of equipment for the automotive refinish market. Graycliff’s investment supported the acquisition of the business by Ashland Capital Partners, a Chicago based private

New Heritage Capital, a Boston-based private equity investment firm specialising in founder-owned businesses, has invested in The Execu|Search Group, a recruitment, temporary staffing and workforce management solutions provider with expertise in healthcare and financial services. The transaction will be structured using Heritage’s Private IPO solution. Execu|Search will retain operational control

Bowmans Kenya has advised ARM Cement on a USD140 million equity investment by the CDC Group, the largest equity deal in Kenya and East Africa in 2016, and one of the largest equity deals in Kenya to date. ARM is a company listed in the Nairobi Securities Exchange, and has