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Solutions

IWP makes double acquisition

Independent Wealth Planners (IWP), a UK-wide group of independent financial advisers, has expanded its nationwide coverage with the acquisitions of Alex M Grant and Custodian Wealth Management. Alex M Grant, based in Keith, north-east Scotland, joins IWP’s regional firm for Aberdeenshire, Buchanan and Associates, bringing across a total of GBP290

Fremman to acquire a majority stake in Kids Planet

Fremman Capital (Fremman) has acquired a majority stake in Kids Planet Day Nurseries (Kids Planet), a UK-based, independently owned nursery operator. Kids Planet, mostly clustered around the Liverpool and Manchester area (with a recent expansion to Oxford), was established in 2008 by Clare Roberts and her father John Hoban, in

Altus acquires Reonomy

Altus Group Limited, a provider of software, data solutions and independent advisory services to the global commercial real estate (CRE) is to acquire Scryer, Inc (dba Reonomy), an AI-powered data platform for the CRE industry, for USD201.5 million (approximately CAD249.5 million) subject to adjustments. The transaction is expected to close

Socure secures USD450m in Series E

Socure, a provider of digital identity verification and fraud solutions, has raised USD450 million in oversubscribed Series E funding round valuing the company at USD4.5 billion. The company achieved a USD4.5 billion valuation just seven months after its USD1.3 billion Series D, on the back of 500 per cent year-over-year

Riverside to sell Bohemia Interactive

The Riverside Company is to sell its investment in Bohemia Interactive Simulations (Bohemia) to BAE Systems, one of the world’s largest defence contractors. Closing of the transaction will occur once regulatory approvals are secured.

Partners Group to sell Pacific Bells

Private markets firm Partners Group, on behalf of its clients, is to sell Pacific Bells, a franchisee of the Taco Bell brand in the US, to Orangewood Partners, a long-term focused private investment firm. The terms of the transaction have not been disclosed. Founded in 1989 with the opening of

DLA Piper launches global dedicated end-to-end Investment Management and Funds practice

DLA Piper has launched a global, dedicated end-to-end Investment Management and Funds practice offering to support to the entire investment management and investment funds value chain. Co-led by International partners, Catherine Pogorzelski and James O’Donnell and US partners, Jesse Criz and David Parrish, the global dedicated practice builds upon the

CI Financial makes strategic investment in alt investment platform GLASfunds

CI Financial Corp (CI) has made a strategic investment in GLAS Funds (GLASfunds), a turnkey alternative investment platform and alternative asset management firm based in Cleveland. Founded in 2009, GLASfunds is a tech-enabled platform providing investors with secure and streamlined digital access to institutional-quality alternative investment opportunities and asset management

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