Deals
Nu Quantum, a quantum photonics specialist, has raised GBP2.1 million in Seed funding in a round led by Amadeus Capital Partners. Ahren Innovation Capital, IQ Capital, Cambridge Enterprise and Martlet Capital have also followed-on from the company’s pre-Seed investment round last September, with Seraphim Capital joining as a new investor. The funding will go towards a state-of-the-art photonics lab in Cambridge and a major recruitment drive for scientists, product team members and business functions as the company approaches the launch of its first commercial technology demonstration.
Nu Quantum brings together a portfolio of intellectual property combining quantum optics, semiconductor photonics, and
Vacation Innovations (VI), a provider of travel-related products, software and services, has acquired Holiday Systems International (HSI), an established travel technology solutions provider and membership platform with a 27-year history of innovation in the travel industry. HSI provides travel discounts at below-OTA rates and custom software solutions that drive a range of private-client travel, rewards and exclusive loyalty programs for a membership base of nearly 400,000 travellers and multiple major global corporate partners.
HSI was founded in 1993 by Craig Morganson and has earned its reputation as a leading developer of award-winning, travel-related technology and membership-based discount programs, producing some of
An affiliate of SK Capital Partners (SK Capital), a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, has completed its previously announced acquisition of the specialty polymers business of Baker Hughes. The business has been renamed NuCera Solutions (NuCera), reflecting its history of innovation in the specialty polymers and polyethylene wax markets.
NuCera, with manufacturing operations in Barnsdall, Oklahoma, produces specialty low molecular weight olefin polymers, including a range of differentiated functional polymers and premium, high melting point polyethylene waxes. Over its 85-year history, the business has been dedicated to innovation and has developed a strong
TA Associates, a global growth private equity firm, has completed a significant growth investment in Priority Software Ltd, a global provider of Enterprise Resource Planning (ERP) software. TA joins existing investor Fortissimo Capital, a leading private equity firm based in Israel and focused on special situations and growth opportunities, as an institutional investor in Priority Software. Financial terms of the transaction were not disclosed.
Founded in 1986, Priority Software provides end-to-end cloud-based (SaaS) and on-premise business management solutions for organisations of all sizes to improve business efficiency and the customer experience. The company’s Priority PRO product provides comprehensive ERP software for
CC Capital, a private investment firm focused on investing in and operating high-quality businesses for the long term, and Motive Partners (Motive), a specialist private equity firm focused on growth and buyout investments in technology-enabled financial services companies, are to acquire Wilshire Associates (Wilshire), an investment technology and advisory company.Since its founding by Dennis Tito in 1972, Wilshire has grown from an investment technology firm into a global advisory company specialising in investment products, consulting services, and technology solutions. Headquartered in Santa Monica, California, the Company serves a deep blue-chip client base of asset owners, including corporate and public pension
An investor group led by Greenbriar has committed to invest USD500 million in a Series A preferred stock financing for Uber Freight, the logistics arm of Uber, valuing the unit at USD3.3 billion on a post-money basis. Uber will maintain majority ownership in Uber Freight and will use the funds to continue to scale its logistics platform and accelerate product innovation to equip shippers with technology to power their supply chains.
In connection with the investment, Michael Weiss and Jill Raker, Managing Partners of Greenbriar, will join the Uber Freight Board of Directors. With a combination of more than 40 years
Palatine Private Equity, the mid-market private equity firm, has completed the maiden investment from its fourth buyout fund (Fund IV) with the acquisition of a majority shareholding in NRG Fleet Services Ltd, a provider of specialist services to the commercial vehicle sector.Headquartered in Skelmersdale, Lancashire, and operating 10 national technical centres, NRG has annual revenues of £90m and employs 280 people. It comprises two divisions, Riverside Truck Rental and Direct Tyre Management.
Riverside Truck Rental is national provider of fleet management services into the UK waste industry, directly servicing local authority providers and large UK waste management operators. It provides
TA Associates (TA), a global growth private equity firm, has completed a majority investment in Netwrix, a cybersecurity vendor that makes data security easy. TA, together with the Netwrix executive management team, plans to accelerate Netwrix’s growth as the company aims to expand its portfolio of easy-to-use data security solutions to its customers globally. Members of Netwrix senior management and existing Netwrix investor Updata Partners will invest alongside TA, and will maintain a significant equity interest in the company. Financial terms of the transaction were not disclosed.
“Netwrix is thrilled to be working alongside TA as we enter our next
A company backed by Permira funds has led a Series F round of USD92million in Seismic, a sales enablement and marketing orchestration platform provider.
In addition to its capital investment, the Permira funds have also made a secondary investment, becoming Seismic’s largest shareholder. This round brings the total raised by Seismic to around USD270 million to-date and values the company at close to USD1.6 billion.
“Permira’s investment in Seismic is a tremendous testament to Seismic’s market opportunity, team, and overall momentum. Permira’s experience investing in leading enterprise software companies will help us accelerate Seismic platform innovations, international expansion, and M&A
Hg, a European investor in software and tech-enabled services businesses, is to make a significant long-term equity investment in Hyperion Insurance Group Limited (Hyperion), an international insurance intermediary, in a deal that values the business at an enterprise value of around USD5 billion. In conjunction with an additional debt raise and existing resources, the investment will provide Hyperion with up to USD1.5illion to accelerate its growth with both selective acquisitions and investments in data and technology.
Hg will join Hyperion as an aligned, long-term, growth partner alongside General Atlantic, which invested in Hyperion in 2013, and CDPQ, which invested in
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
