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Afterparty raises USD3m in seed funding led by Acrew Capital and TenOneTen Ventures

Afterparty, a technology company behind the new Web3 platform enabling creators to directly monetise and manage NFT collector relationships, has raised USD3 million in seed funding.  The round is led by Acrew Capital and TenOneTen Ventures with participation from Palm Tree Crew, Act One Ventures, Hex Capital, Red Light Management,

SeaFort Capital to leverage SS&C’s front-to-back solution to support Fund II

SeaFort Capital, a Halifax, Nova Scotia-based private equity firm, has selected SS&C Technologies’ full-service fund administration solution.  The firm launched its growth-focused buyout fund, SeaFort Capital Fund II, with a target fund size of USD160 million and USD110 million in initial committed capital. The new fund will invest in Canadian

Cerberus-backed KBS acquires BRAVO!

Kellermeyer Bergensons Services (KBS), a partner to operations and facility managers across North America, has acquired BRAVO! Building Services and two other related companies, BRAVO! Facility Services and BRAVO! Innovative Solutions (together BRAVO!).  KBS is a portfolio company of Cerberus Capital Management, LP (Cerberus), a specialist in alternative investing.  

Northlane Capital Partners invests in Choice Financial Group

Northlane Capital Partners (NCP) has made an investment in insurance agency Choice Financial Group (Choice).  NCP invested in partnership with the Choice management team, led by Founder and President Richard Braun. In addition, Bob Hilb, an established insurance industry executive with more than 30 years of experience, joined the Choice

Mercia invests in UK Landscapes

A landscaping business which maintains sites nationwide for leading supermarkets and utilities companies has secured a significant investment from Mercia’s private equity funds. UK Landscapes, a family business which founded in 1997, now employs over 175 staff at its headquarters in Middlewich, Cheshire and regional depots throughout the UK including

Carlyle acquires majority stake in German business software provider CSS AG

Global investment firm Carlyle has acquired a majority stake in CSS AG (CSS), a German business software provider with a focus on accounting, controlling and human resources (HR) software. Majority shareholder Michael Friemel will retain a large minority stake in CSS and will continue to lead the company as CEO.

Vestwell to acquire BNY Mellon’s Sumday

Vestwell, a fintech engine powering leading workplace savings programmes, is to acquire Sumday, a subsidiary of The Bank of New York Mellon Corporation (BNY Mellon) managing and administers 529 college savings, 529A ABLE, and Secure Choice/Auto-IRA state-sponsored savings programs. The terms of the deal have not been disclosed. BNY Mellon

TPG completes investment in Keter Environmental Services

TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, has completed a significant investment in Keter Environmental Services (Keter), a full-service recycling and waste management company focused on providing first-class sustainable recycling and waste programs.  Financial terms of the transaction have not been disclosed. Over

Riverside Company invests in Halski Systems

The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in Halski Systems, a full-service IT managed services provider (MSP). The company is an add-on investment to Riverside’s platform, Logically, a leading provider of Managed IT Services. Founded in 2000 and based

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