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IK Partners to acquire Renta Group

IK Partners’ (IK) IK IX Fund is to acquire Renta Group Oy (Renta Group) from Intera Partners (Intera), alongside management and employees who will be reinvesting. Financial terms of the transaction have not been disclosed. Renta Group is a full-service machine and equipment rental services company with more than 100

Apex Group wins new mandate from life insurer

Apex Group Ltd (Apex), a global financial services provider, has been appointed to provide Fund Administration and Middle Office Services to the life insurance company of Azimut Group (Azimut), an Italy-based, independent asset management operator with over EUR80 billion in assets (as of end of October 2021). Following a competitive process,

FYLD raises GBP10m in Series A funding

FYLD, a London-based, AI-driven digital platform designed to ensure the safety and efficiency of field teams, has completed completed a GBP10 million Series A funding round. The funding was provided by Koru, the Ontario Teachers’ Pension Plan’s venture incubator, and corporate partner SGN, a leading UK gas distribution network operator.

Cerbos raises USD3.5m seed round to transform software ‘permissions’

Cerbos, a new open source software startup helping tech scaleups and other companies manage user permissions more efficiently, has raised a USD3.5 million seed round. Investment in the funding round was led by Crane with support from Earlybird Digital East, Seedcamp, 8-Bit Capital, Connect Ventures, OSS Capital, Acequia Capital, HelloWorld,

Vidrio Financial launches portfolio capability updates for asset allocators

Vidrio Financial, a provider of managed data services and software for institutional alternative allocators globally, has made significant updates to its services and platform to supports the unique needs of institutional investors who allocate to external alternative asset funds, including hedge fund and private equity managers. “As we continue to

Waterland portfolio company Skaylink acquires cVation

Skaylink, a recently formed cloud service provider that operates throughout Europe, has acquired a majority stake in cVation with support from Waterland Private Equity (Waterland).  The Danish company is a leading cloud service provider in the Northern European region. This strategic partnership seeks to further diversify and professionalise the Skaylink

Bolt acquires Tipser

Bolt has acquired Tipser, a Swedish-based tech company enabling commerce on any digital surface.  Some 84 per cent of shoppers look for insights on at least one social media platform before purchasing, according to Pew Research Center, and 52 per cent of socially-engaged shoppers have initiated a purchase through a

Clearlake Capital to acquire Quest from Francisco Partners

Quest Software (Quest), a global cybersecurity, data intelligence, and IT operations management software provider, announced it signed a definitive agreement with Clearlake Capital Group is to acquire Quest Software (Quest), a global cybersecurity, data intelligence, and IT operations management software provider, from Francisco Partners.  Patrick Nichols, current CEO of Quest,

Tricor Group acquires NZGT Holding Company Limited

Tricor Group (Tricor), an Asian business expansion specialist, has received regulatory approval and completed its acquisition of NZGT Holding Company Limited (NZGT Holdings) together with its wholly owned subsidiaries The New Zealand Guardian Trust Company Limited (Guardian Trust) and Covenant Trustee Services Limited (Covenant) from Complectus Limited. Tricor is the

NPIF Maven supports Margin Guardian with six-figure investment

NPIF – Maven Equity Finance, managed by Maven Capital Partners (Maven) and part of the Northern Powerhouse Fund (NPIF), has invested a six-figure funding package in Margin Guardian Ltd (MG), a platform that provides fashion retailers with data insight and targeting services.  Funds will allow the business to invest in

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