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US tech company Champ Titles raises USD8.5m in Series A funding

Champ Titles, a technology company that is changing the way that vehicle titles are created, managed, and transferred in the United States, has closed an USD8.5 million Series A investment.  The round was led by EOS Venture Partners and W R Berkley Corporation, and brings the company’s combined funding to

Preqin acquires Colmore to support clients through the private market investment lifecycle

In a drive to better serve its clients and increase transparency and understanding of private markets, Preqin — a specialist in alternative assets data, analytics and insights — has acquired Colmore, a private markets technology, services and administration business. Preqin supports more than 110,000 professionals globally in raising capital, sourcing

Thompson Street Capital Partners and Endicott Growth Equity Partners Portfolio Company GovSpend acquires Fedmine

GovSpend, a provider of government intelligence solutions and a portfolio company of Thompson Street Capital Partners (TSCP) and Endicott Growth Equity Partners (EGEP), has completed the acquisition of Fedmine, a provider of detailed federal government contracting and spend intelligence solutions headquartered in Rockville, Maryland.  Terms of the transaction have not

Palamon-backed FairConnect to acquire G-Evolution

Palamon Capital Partners (Palamon) portfolio company, connected insurance service provider FairConnect, is to acquire G-Evolution from Groupama Assicurazioni Italia.  As part of the transaction, FairConnect will establish a long-term strategic partnership agreement with Groupama, the leading insurance carrier in France, for the provision of advanced connected insurance solutions. The transaction

HCAP Partners invests in Myndshft

HCAP Partners, a California-based private equity firm and nationally recognised impact investor, has invested in Myndshft, a provider of real-time medical benefits check and electronic prior authorisation technology. Terms of the investment have not been disclosed. Based in Mesa, Arizona, Myndshft develops real-time medical benefit check (RTMBC) and electronic prior

Insurtech startup Afilio secures USD13m in Series A funding round

Afilio, a Berlin based Insurtech, has secured USD13 million in highly competitive Series A funding to support the expansion of their ‘Peace of Mind-as-a-Service’ platform offering users digital estate management services.  The round was led by CommerzVentures, the specialist fintech investor behind successes including Bought By Many, eToro, Marqeta, and

Cerberus portfolio company KBS acquires American Maintenance

Kellermeyer Bergensons Services, a trusted partner to operations and facility managers across North America, has acquired American Maintenance. KBS is a portfolio company of Cerberus Capital Management (Cerberus). Headquartered in Babylon, New York, American Maintenance is a leading provider of facility maintenance solutions. For more than 45 years, it has

Fabric closes seed investment round led by Pandeavor Ventures and Arnhold

Fabric RQ, a startup founded by veteran risk manager Richard Bookstaber to provide institutional quality risk management software to individual investors through their financial advisors, has closed a seed round led by Pandeavor Ventures, Vikram S Pandit’s family office, and John P Arnhold, managing member of Arnhold LLC.

SoftWorks AI secures minority growth investment led by Long Ridge Equity Partners

SoftWorks AI (SoftWorks), provider of the Trapeze intelligent mortgage automation platform, has closed of a minority growth investment led by Long Ridge Equity Partners (Long Ridge), a private investment firm focused on the financial and business technology sectors.  CBC Companies (CBC), a holding company whose subsidiaries include Factual Data, DataVerify

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