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Affiliates of Peak Rock Capital acquire SAM Companies

An affiliate of Peak Rock Capital (Peak Rock), a middle-market private investment firm, has completed an acquisition of SAM Companies (SAM), a provider of geospatial services to utility, transportation, and broader infrastructure clients.  The SAM management team, which is headquartered in Austin, Texas, will maintain a meaningful ownership position in

PE-backed Mercer Advisors acquires Quest Capital Management

Registered Investment Advisor (RIA) Mercer Global Advisors, which is majority owned by Oak Hill Capital and Genstar Capital, has acquired Quest Capital Management, a wealth management firm located in Dallas, Texas.  Quest serves approximately 660 clients with assets under management (AUM) of approximately USD1.5 billion. Quest was founded in 1987

Stake closes USD4m seed capital investment

Stake, a first company on a mission to make renting financially rewarding, build renter’s savings with no fees or debt accumulation, and empower owners to create financially safe and secure rental communities, has closed its seed funding of over USD4 million.  The round was led by Shadow Ventures, a thesis

CAIS expands independent broker dealer relationships with alts education

Alternative investment platform CAIS has announced that CAIS IQ is supporting independent broker dealers and home offices through its membership and sponsorship of two leading trade associations: the Alternative and Direct Investment Securities Association (ADISA) and Institute for Portfolio Advisors (IPA).  These sponsorships represent CAIS’s commitment to empowering financial advisors

Alpha FX Group launches banking platform for alternative investment sector

Alpha FX Group, a provider of FX risk management and alternative banking solutions to corporates and institutions internationally, has launched an alternative banking platform for the alternative investment sector. As part of this launch, the Group intends to open an office in Luxembourg to show its commitment to the local

YFM invests in planning and forecasting software business Vuealta

YFM has made a multi-million pound investment in tech business, Vuealta, which will enable the planning and forecasting software and services business to further its growth and overseas expansion.   Vuealta was founded in 2017 and delivers scenario planning and forecasting solutions for supply chain, finance and operations. The business

Finance Durham Fund leads GBP300,000 investment in Project Control Tools

The Finance Durham Fund, established by Durham County Council and overseen by Business Durham, the business support service for Durham County Council, has invested GBP185,000 in Project Control Tools, as part of a GBP300,000 funding package.  The investment through Finance Durham, which is managed by Maven Capital Partners (Maven), will

Omaha National raises USD45m in Series B financing

Omaha National Group, a tech-enabled provider of workers’ compensation insurance and payroll services, has raised USD45 million ins a Series B round led by Accomplice.  The company plans to use the funds to support its transition to operating as a direct insurance writer and to continue the expansion of its

Heydoc raises USD8.3m in Series A funding round led by Smedvig Capital

Heydoc, an integrated clinical operating system and electronic health record (EHR), has closed a USD8.3 million Series A round led by Smedvig Capital with existing investors Hambro Perks, Triple Point Ventures and InHealth Ventures also participating. This brings the total amount raised to date by Heydoc to USD12 million.    The new funding will be used for further expansion in the UK

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