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Genstar and Oak Hill-backed Mercer Advisors acquires Wrenn Financial Strategies

Mercer Global Advisors, a full-service wealth management firm and national Registered Investment Adviser (RIA) backed by private equity firms Genstar and Oak Hill Capital, has acquired Wrenn Financial Strategies, a wealth management firm located in Raleigh, North Carolina. Wrenn serves over 150 clients with assets under management (AUM) of approximately

Kneip acquires process automation and data transformation specialist Dataglide

KNEIP, a specialist in fund data management and reporting solutions for the asset management industry, has acquired Dataglide, a UK-based technology company specialised in data transformation and cloud-based automation. The acquisition brings significant technology expertise in-house, with microservices architecture and multi-tenant cloud computing, which will increase service quality and data

Boosted.ai Raises USD35m in Series B led by Ten Coves Capital

Boosted.ai, a distributed machine learning platform for global investment professionals, has closed a USD35 million Series B financing round, led by Ten Coves Capital and Spark Capital. Portage Ventures, Royal Bank of Canada (RBC) and HarbourVest Partners also participated in the round. Inclusive of seed capital, Boosted.ai’s total funding now

Eureka secures USD8m from YL Ventures

Eureka, an Israeli startup offering holistic security across cloud data stores, has secured USD8 million in a seed funding round led by YL Ventures with participation from renowned security executives and serial entrepreneurs. Industry leaders and security luminaries who participated in Eureka’s seed round include Edna Conway (VP, Security &

SEBA Bank raises CHF110m in Series C funding

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, has secured CHF110 million in a Series C funding round co-led by a consortium of specialised blockchain and fintech investors, comprised of Altive, Ordway Selections, and Summer Capital, as well as DeFi Technologies, a NEO listed leader in decentralised

Accelerant secures USD190m in growth funding round led by Eldridge

Accelerant, a provider of risk exchange and data analytics to the, insurance sector has raised in excess of USD190 million at a USD2 billion pre-money valuation in a funding round led by Eldridge. Deer Park, Marshall Wace, MS&AD Ventures, and others also participated along with existing majority investor Altamont Capital

PSG Invests USD100m-plus in merged Meal Ticket and MarketMan

PSG, a growth equity firm partnering with middle-market software and technology-enabled services companies, is supporting a merger between Meal Ticket, an end-to-end business management solution for foodservice distributors, and MarketMan, an inventory management and supplier automation platform for the restaurant industry. The investment of over USD100 million aims to support

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