Deals
Logisly, a B2B tech-enabled logistics platform based in Indonesia, has closed a new USD6 million funding round led by Monk’s Hill Ventures.The funding will be used to scale Logisly’s operations in Indonesia, by growing their sales and vendor acquisition teams to strengthen its network of shippers and transporters and product development. This includes providing tools for shippers and transporters to improve their business operations.
Logisly CEO and Co-Founder, Roolin Njotosetiadi, says: “We are focused on digitizing the logistics industry in Indonesia, which remains largely fragmented. The industry continues to face a plethora of challenges such as fragmented ecosystem players, high
Zip Co Limited, a specialist in the digital retail finance and payments industry, has closed a AUD100 million debt funding agreement with Victory Park Capital (VPC).Zip offers point-of-sale credit and digital payment services to the retail, home, health, automotive and travel industries. This is Zip’s second transaction with VPC, having closed a AUSD108 million asset-backed warehouse facility with the firm in 2015 that later grew to AUD200 million, making VPC one of Zip’s earliest partners.
The debt facility from VPC will fund receivables and support the company’s recently launched Zip Business platform designed to support the small business community,
Warburg Pincus, a global private equity firm focused on growth investing, has entered into an agreement to acquire Sweeping Corp of America (SCA) from Soundcore Capital Partners. Financial terms of the transaction have not been disclosed.
The investment will allow SCA to accelerate its sales and marketing efforts and help the company identify strategic relationships and acquisition opportunities.
With over 1,000 employees in its 35 locations throughout the eastern half of the United States, the company’s key services include street and highway sweeping, parking lot sweeping, and jet vac services. Customers served include municipalities, state departments of transportation, commercial, infrastructure, and
City law firm, McCarthy Denning, has successfully advised flypop, a UK-based start-up and low-cost long-distance airline, on attracting significant investment from the UK Government’s Future Fund (opened in May this year) and other private investors. With the effects of Covid-19 resonating around the globe, the UK economy and aviation industry will benefit greatly from closer travel links with India, the world’s sixth largest economy. This crucial funding takes flypop closer to applying to the UK Civil Aviation Authority (CAA) for its Air Operator Certificate. flypop plans to launch its first scheduled flights in the second half of 2021. Passengers will travel
Eurazeo has completed the sale of all its shares in Farfetch, a Eurazeo Growth portfolio company.This disposal resulted in net proceeds of EUR90.4 million, corresponding to a multiple of 4.1x cash-on-cash and an IRR of around 38 per cent. It is the second portfolio exit for Eurazeo Growth, after PeopleDoc in 2018.
Eurazeo had been a shareholder in Farfetch, an online marketplace connecting fashion and luxury goods brands as well as multi-brand boutiques with customers in 190 countries, since May 2016. Over this period, the Group accompanied the company’s growth, particularly by helping it develop its business among luxury
The London Technology Club (LTC), which includes some of the world’s leading technology investors, has invested in Reflektion, an AI-powered personalisation platform for the retail industry. LTC invested in Reflektion’s USD13.5 million funding round alongside leading venture capitalists such as Clear Ventures, Intel Capital, Battery Ventures and Hasso Plattner Ventures.
Reflektion currently manages approximately USD18 billion of GMV (Gross Merchandise Value), over USD5.5 billion unique shopping sessions (since Jan 2018) and 300 million unique anonymous shopper profiles. The fund-raising will bolster Reflektion’s growth ambitions to move beyond only eCommerce and into grocery, and penetrate other online commerce markets such as B2B2C,
NorthEdge-backed Catalis Group is expanding its North American footprint with a second bolt-on acquisition completed during lockdown.Curve Digital, part of the Catalis Group, has bought Vancouver-based IronOak Games, an independent games developer. Curve Digital is a video games publisher based in London.
IronOak Games, headed up by Gordon Moran and Colby Young, was founded in January 2015 and it has previously collaborated with Curve Digital on the critically acclaimed title For The King, a game published for PC, Xbox One, PlayStation 4 and Nintendo Switch.
The deal forms part of Curve Digital’s wider strategy of acquiring independent game
Inflexion has agreed to make a minority investment in Phenna Group (Phenna), a business focused on the testing, inspection, certification and compliance (TICC) sector.
Foreside has bolstered its customised, tech-enabled governance, risk management, and compliance offering, for hedge fund, private equity, and other emerging alternative investments managers with the acquisition of Integrated Compliance Solutions Group (ICSGroup).ICSGroup is a regulatory compliance services firm serving the asset management industry in the US and Africa, with an emphasis on private funds and emerging managers.
Founded in 2008 and based in Hartford, Connecticut, ICSGroup has helped its clients adhere to regulatory requirements and industry standards by developing and managing robust compliance programs, effectively managing regulatory issues, and providing operational due diligence to instill confidence in their investors and
Stonepeak Infrastructure Partners (Stonepeak), a private equity firm specialising in infrastructure investing, is to acquire Astound Broadband (Astound), the sixth largest US cable operator in the United States that operates leading regional providers RCN, Grande, Wave and enTouch.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
