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RPC advises Asta’s management team on sale to Davies Group

Leading international law firm RPC has advised the management team of Asta Capital Limited (Asta) on the sale of Asta to Davies Group Limited (Davies). Asta is the leading third party managing agency at Lloyd’s providing a range of solutions to Lloyd’s and non-Lloyd’s business across the insurance life cycle,

Riverside’s UniFocus Platform acquires hospitality software solutions provider Knowcross

Private investor The Riverside Company has acquired Knowcross through its platform UniFocus. Based in New Delhi, India, Knowcross provides hotel operations management software that covers housekeeping management, guest request and service request management, preventative maintenance and other work order-related solutions to the hospitality industry. Based in Carrollton, Texas, UniFocus has thrived

Netrix acquires PSC Group

Netrix, a provider of managed and professional IT services, with a core focus on cloud, security, collaboration, ITSM and application development solutions, has closed the acquisition of PSC Group.  The acquisition adds significant scale to Netrix’s cloud application development and data intelligence practices, leveraging both Microsoft Azure and Amazon Web

Cinven to make majority investment in True Potential

International private equity firm, Cinven is to make a majority investment in UK financial services group True Potential. Financial details of the transaction have not been disclosed. True Potential operates across the wealth management value chain, providing advice, investment platform and fund solutions to more than 1.4 million retail clients

Conservice acquires ESG platform Goby

Conservice, a utility management platform for the property management industry, has acquired Goby, an ESG Platform serving the commercial real estate and fund management industries.  The acquisition will further enable Conservice clients to reduce their environmental impact, achieve their sustainability goals, and increase their return on investment. “The addition of

10T raises USD750m for Digital asset ecosystem investments

10T Holdings (10T), a mid-to-late-stage private equity firm focused on companies operating in the digital asset ecosystem, has closed its inaugural growth equity funds, 10T Fund, LP and 10T DAE Expansion Fund, LP (the “Funds”), with nearly USD389 million in capital commitments. Together with co-investment and sub-advised vehicles, 10T raised

Seraphim invests in Spire Global

Seraphim Space Investment Trust, a closed-ended investment company which invests in a diversified international portfolio of early and growth-stage Space Tech businesses, has acquired the holding of Spire Global (Spire) from the Seraphim Space LP (Seraphim Space Fund). As set out in the IPO prospectus, following its IPO Seraphim Space

Telos Brands raises USD2.1m in seed funding from Picus Capital

San Francisco-based Telos Brands, a technology-first eCommerce company focused on the Amazon FBA ecosystem, announced a USD2.1 million seed round led by Picus Capital with participation from select business angels. Telos has also raised an undisclosed amount of debt from several financing partners to support acquisitions. Telos Brands is rethinking

L Squared completes acquisition of Sterling Trading Tech

L Squared Capital Partners has acquired  of Chicago-based Sterling Trading Tech (STT) from LLR Partners and other investors, a SaaS provider of financial technology for the global capital markets.  The investment represents L Squared’s fourth platform investment in Fund III, a USD505 million private equity fund that closed in September

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