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Managers

Mercer Advisors acquires Lake Point Advisory Group

Mercer Global Advisors, Inc (Mercer Advisors), a national Registered Investment Adviser (RIA), has acquired Lake Point Wealth Management, LLC dba Lake Point Advisory Group (Lake Point), a wealth management firm located in Dallas-Fort Worth, Texas. 

JTC acquires perfORM Due Diligence Services

Professional services firm JTC has acquired perfORM Due Diligence Services (perfORM), a provider of due diligence services to a diverse base of UK and international asset allocators and investment managers. Launched in 2019, perfORM was set up as an Operational Due Diligence (ODD) business to provide solutions to asset allocators

Resistant AI secures USD16.6m in Series A funding from GV and Index Ventures

Resistant AI, a SaaS-based AI and machine learning security company that protects financial services from manipulation, fraud and financial crime, has secured USD16.6 million in Series A funding. GV (formerly Google Ventures) led the Series A, with participation from existing investors Index Ventures (led by partner Jan Hammer), Credo Ventures

Scorechain closes EUR2m pre-Series A financing round

Scorechain, a provider of crypto risk-AML and compliance solutions, has closed a pre-Series A funding round of EUR2 million led by Tioga Capital (Luxembourg) and followed by Blockrocket (Germany) and CVVC Crypto Valley (Switzerland).

Sovos to acquire Istanbul-based e-transformation compliance company Digital Planet

Global tax software provider Sovos is to acquire Digital Planet, which provides cloud compliance solutions for continuous transaction controls (CTCs), including e-invoicing, e-receipts, e-delivery note and e-ledger.  Upon completion of this acquisition, Sovos will expand its Istanbul-based product development center of excellence in support of a growing base of channel

K2 Management supports final phase of Vietnam renewable energy project

K2 Management (K2M), a leading renewable energy engineering and project management consultancy, has worked as owner’s engineer on the final phase of a vast renewable energy project in Vietnam, which has incorporated the development of the country’s largest salt production facility, powered by wind and solar. Commercial operation has begun

SWISS partners with AirPortr to offer new at-home luggage collection and check-in service

As part of a new partnership with AirPortr – a digital platform and provider of intelligent baggage management solutions – Swiss International Airlines (SWISS) is now offering passengers departing from Geneva Airport the option of having their baggage collected at home through the AirPortr service. By booking online, SWISS passengers

British satellite scale-up raises GBP15m in oversubscribed Series A funding

British satellite scale-up Satellite Vu, founded in 2016, has successfully raised GBP15 million (USD20.7 million), as it looks to ramp up its plans to launch seven thermal and infrared imaging satellites into space that will be able to provide real-time data on how green every building on the planet is.

Fremman acquires Palex from Ergon and Corpfin

Fremman has acquired a majority stake in Palex, a distributor of high value-added MedTech equipment and solutions, from Ergon Capital Partners IV SCSp (Ergon) and Corpfin Capital (Corpfin), who will both remain as minority shareholders in the business. Headquartered in Barcelona (Spain) and founded in 1955 by the Knuth family,

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