Deals
Secondaries investor Coller Capital is leading a GP-led secondary transaction to acquire the four remaining assets of Permira’s fourth fund.
JRJ Group, an international private equity investment firm focused on the financial services sector and growth situations, is to sell ETX Capital, a providers of multi-asset CFDs and spread betting products, to a fund associated with Guru Capital, a Switzerland-based private equity firm with specific experience in the CFD space.Terms of the transaction have not been disclosed.
Roger Nagioff, Founding Partner of JRJ Group, says: “During JRJ’s ownership, we have invested in bolt-on acquisitions and enhanced the technology of the firm. We are delighted with the strength and resilience of the platform we have built, alongside the management team and
US private equity firm Horizon Capital’s USD200 million Emerging Europe Growth Fund III has acquired a minority stake in European e-commerce beauty company MAKEUP, thereby becoming its main financial investor.
Poplar has closed a USD2.1million investment, led by Fuel Ventures, to push its ambition to become the world’s leading augmented reality (AR) creative platform. This seed round, which sees Haatch Ventures, Ascension Ventures and Super Ventures also invest, will help Poplar deliver on-demand creation of premium AR and 3D experiences to accommodate the growing demand for branded AR campaigns. Since the pandemic lockdown in March, AR engagement has spiked by 19 per cent as consumers turn to social, web and mobile for alternative ways to engage with retailers and brands.
Poplar’s platform automatically assembles teams of certified and trusted AR and
C5 Capital USA (C5 Capital), a specialist investment firm investing in the secure data ecosystem, has led a Series D funding round for Synack, a provider of continuous application security and penetration testing services using AI and skilled ethical hackers.C5 Capital led the Series D round investment of USD52 million along with B Capital Group, and which also included a number of strategic partners and leading technology investors including GGV Capital, GV (formerly Google Ventures), Hewlett Packard Enterprise (HPE), Icon Ventures, Intel Capital, Kleiner Perkins, Microsoft’s venture fund M12 and Singtel Innov8 (the corporate venture arm of the Singtel Group).
Wasabi Technologies, a hot cloud storage company, has closed a USD30 million financing round led by Forestay Capital, the technology innovation arm of Waypoint Capital, with participation from Wasabi’s previous investors.
Warranty & Indemnity (W&I) insurance is likely to become more sought after in the coming months as a result of Covid-19, according to Lockton, one of the world’s largest privately held independent insurance brokers.
Take up of W&I insurance in M&A deals is up from 6 per cent to over 40 per cent in the past five years as companies scramble to win transactions in increasingly aggressive and competitive auction processes.
“Back in 2014, W&I insurance was a rarity in M&A transactions. But in the last five years, W&I insurance products – and buy-side policies in particular – have
insitro, a machine-learning driven drug discovery and development company, has raised USD143 million in an oversubscribed Series B financing. The financing was led by Andreessen Horowitz, with participation from new investors Canada Pension Plan Investment Board (CPP Investments) and funds and accounts advised by T Rowe Price Associates, Inc. as well as funds managed by BlackRock, Casdin Capital, HOF Capital, WuXi AppTec’s Corporate Venture Fund, and other undisclosed investors. Current investors ARCH Venture Partners, Foresite Capital, GV, Third Rock Ventures, Two Sigma Ventures, and Alexandria Venture Investments also participated in the financing. In addition, insitro announced that Vijay Pande, PhD, general
Babylon, a technology company aimed at putting digital-first care into the hands of every person on Earth, had made an investment in consumer health engagement company Higi. Higi – through its 10,000-plus FDA-cleared self-service Smart Health Stations – provides access points that can help people learn about health conditions, assess their risks, and receive personalised recommendations for local care resources and services. Conveniently located within 5 miles of 73 per cent of the US population and free to use, the Higi Smart Health Station experience is complemented by a suite of digital programming focused on awareness, prevention, and condition management. Higi
KKR and data centre entrepreneur Franek Sodzawiczny are forming Global Technical Realty, a new build-to-suit and roll-up acquisition data centre platform, to develop and operate data centres for large tech companies across Europe as the PE group sees continued demand for data.
KKR will make a USD1 billion equity commitment primarily from its third global infrastructure fund, which may be topped up with additional commitments over time. “The data centre market in Europe presents a unique opportunity to invest behind the secular trend of increased cloud services adoption and demand for data,” said Waldemar Szlezak, managing director of KKR.
KKR
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
