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Revelstoke Capital appoints Apex Group for fund administration

Apex Group Ltd (Apex), a global financial services provider, has been appointed to provide fund administration services to Revelstoke Capital (Revelstoke), a private equity firm building industry-leading companies in healthcare and the health and wellness sectors. Revelstoke has a strong track record of partnering with entrepreneurs and management teams to

IK Partners to acquire Truesec

IK Partners’ (IK) IK IX Fund is to acquire Truesec Group AB (Truesec) from Sobro, alongside management and employees who will be reinvesting. Financial terms of the transaction have not been disclosed. Founded in 2005 by Marcus Murray and headquartered in Stockholm, Sweden, Truesec is the leading independent cybersecurity service

Fyllo raises USD40m in Series C funding round

Fyllo, a specialist in compliance-first SaaS solutions for highly regulated industries, has closed a USD40 million Series C round led by Eminence Capital.  New venture firms that participated in the round include Longview Capital Advisors and ArrowMark Partners. Fyllo is developing compliance, data and marketing solutions to enable companies in

Female Invest closes GBP3.3m funding round

Female Invest, an EdTech platform and community which empowers women by increasing their understanding of personal finance and investing, has closed a GBP3.3 million funding round from a syndicate of prominent investors including Y Combinator and Dr Fiona Pathiraja.  Female Invest was founded in 2019 by Emma Due Bitz (26),

Cadenza Ventures raises USD50m crypto venture fund

Cadenza Ventures has raised a USD50 million early stage venture fund, anchored by Van Eck Associates, with participation from institutions that include Solana, Dapper Labs, WorldQuant Ventures, Mirana, TRON, Lennertz, Babel Finance, Social Leverage and individuals affiliated with Coinbase, Kraken Ventures, Angellist and Norwest Venture Partners. The fund is led

Alfa eCare enters Finnish daycare software market with Daisy acquisition

Healthcare software provider Alfa eCare, backed by Main Capital Partners, has entered the Finnish market for childcare software with the acquisition of Daisy.  Daisy, flagship label of software company WhileOnTheMove, is active in the Finnish municipality ecosystem providing software solutions for early childhood education and daycare. Daisy is the third

RSK acquires four new businesses

Following government focus on low carbon heating roll-out, RSK Group Limited, an integrated environmental, engineering and technical services business, is further strengthening its offering with the acquisition of four businesses across the environmental services sector. New businesses Carbon Zero Consulting, Envireau Water, Enviroflow and Streetwise are the latest in a

IK Partners to sell BST to Norvestor

IK Small Cap II Fund has signed an agreement to sell its entire stake in BST Group Nordic AB (BST or the Company) to Norvestor. Financial terms of the transaction are not disclosed. Founded in 2012 and headquartered in Stockholm, Sweden, BST is a full-service provider of active fire protection

H2O.ai closes USD100m in funding led by customer Commonwealth Bank of Australia

H2O.ai, an AI cloud specialist, has closed USD100 million in Series E funding led by Australia’s largest bank, customer Commonwealth Bank of Australia (CBA). H2O.ai has now raised over USD250 million and is valued at USD1.7 billion.  Pivot Investment Partners joins prior investors Goldman Sachs Asset Management and Crane Venture

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