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Thomas H Lee Partners acquires House of Design

Thomas H Lee Partners (THL), a premier private equity firm investing in growth companies, has acquired a majority interest in House of Design, a provider of robotic automation systems and software for the construction market.  THL’s investment will strengthen House of Design’s existing capabilities and provide capital and resources for

MODIFI raises USD24m in equity to create global trade management hub for SMEs

Global fintech MODIFI has raised USD24 million in a Series B funding round, which brings its valuation to more than USD120 million.  The round was led by new investor Heliad Equity Partners with a co-investment from Neva SGR, the venture capital investment vehicle of Italy’s leading banking group Intesa San

Edtech platform raises further GBP3m as it targets international expansion

A platform that helps parents and students to find online tutors has raised a further GBP3 million investment amidst a boom in business following the pandemic.  Tutorful has secured funding from Mercia’s Northern Venture Capital Trust (VCT) funds and NPIF – Mercia Equity Finance, which is managed by Mercia and

Ropes & Gray advises ICG on Visma transaction

Ropes & Gray has advised Intermediate Capital Group (ICG) in connection with an investment by Aeternum Capital, Government Pension Fund Norway (Folketrygdfondet), Vind, GIC and certain existing institutional investors in Visma – a provider of business-critical software to private and public companies in Europe.  The transaction values Visma at EUR16 billion

Nordic Capital partners with Qred

Nordic Capital Evolution has signed an agreement to invest in the fintech company Qred. The investment will be made in partnership with Qred’s management and founders, with the goal of continuing to significantly expand the business across Europe together. Since its inception in 2015, Qred has been a provider of

X-Margin raises USD8m in Series A funding round

X-Margin, a specialist in applying privacy-preserving technology to credit and financial market risk, has raised USD8 million in a Series A funding round where Coinbase Ventures, HashKey Capital and Spartan Group were major investors.  Bixin Ventures, Miranda Ventures (Bybit), Gemini, Primitive Ventures and Kenetic Capital also participated in the funding

Sprinque raises EUR1.7m

Sprinque, an Amsterdam-based checkout platform for B2B merchants and marketplaces offering a SaaS payment solution tailored to businesses’ needs, has raised EUR1.7 million in funding from Volta Ventures, Force Over Mass and a renowned group of angel investors and payments industry executives. Sprinque built a digital checkout infrastructure to make

Brevan Howard appoints head of crypto venture investments

Brevan Howard Asset Management LLP, a global alternative investment management platform, has appointed Colleen Sullivan, CEO and co-founder of CMT Digital, to lead the firm’s private and venture investment activities in crypto. Additionally, Sullivan is to chair the investment committee of a new strategy which will focus on the highly

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