Deals
Palatine-backed TTC Group has completed the bolt-on acquisition of licence checking and document verification business Licence Bureau.The strategic acquisition sees TTC Group broaden its corporate fleet customer base and further strengthen its compliance capability within its proprietary technology platform, Continuum.
Founded in 2003, Licence Bureau provides licence checking and document verification services for SMEs and large corporates. The company has one of the UK’s largest corporate fleet client bases, with more than 1,400 companies utilising its services, including over 20 per cent of FTSE 100 companies. From its base in Hemel Hempstead, the company has completed more than 4
Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Lead Arranger and Joint Bookrunner on a senior secured credit facility to support the acquisition of ALC Schools, by affiliates of Palladium Equity Partners (Palladium).ALC offers alternative student transportation solutions for a variety of student populations, including special education, homeless, foster and other in-need students. ALC’s transportation solutions ease school districts’ transportation challenges by providing an exceptional level of safety and consistency for their most vulnerable students. Each day, ALC coordinates transportation for hundreds of districts and thousands of students across the country.
ALC has 23 field offices across the
Overhaul, a real-time supply chain integrity technology solution, has secured USD17.5 million in a growth investment round led by Edison Partners, with participation from Overhaul’s existing investor, Abbey International Finance Group. Launched in 2016, Overhaul leverages visibility to detect and automatically correct noncompliance within supply chains and has grown to be a trusted provider of integrity solutions for pharmaceutical, high-tech and food industry Fortune 100s moving freight globally.
Overhaul plans to use the investment to achieve its aggressive growth goals in 2020, bolster product offerings to support broad market use, grow its team in North America as well as in its
JLL Partners (JLL) has entered into a partnership with Bart Doedens, a specialist in the biomedical industry, to form Renovo Health, which seeks to buy, build, and develop materials technologies to provide a platform for improved efficacy across a spectrum of medical and dental procedures while offering an opportunity for near-term expansion. Renovo Health will focus on partnering with existing best-in-class operators, leveraging its deep expertise and organisational capabilities to facilitate organic growth as well as through the development of complementary offerings, operational improvement initiatives, and strategic mergers and acquisitions. JLL Partners has initially committed USD100 million to capitalise Renovo Health
Low interest rates and favourable debt markets have made it easier for private equity firms to pick up market-leading IT businesses, according to the. latest IT & Business Services M&A market report from Hampleton Partners, an international technology mergers and acquisitions adviser.The report highlights how PE buyers have grown their share of the sector’s M&A activity to 15 per cent of all transactions in 2019, compared to just under five percent in 2014.
PE firms armed with record amounts of capital are making big investments in the nine – or ten-digit range pushing up median deal sizes.
In 2018, the
DeepCrawl, a cloud-based technical SEO platform, has raised USD19 million in a Series B funding round with Five Elms Capital and Beringea. The round is being led by Five Elms, a growth equity and venture capital firm focused on B2B software companies. To date, DeepCrawl has raised USD25.8 million through angel investments from Beaumont Capital and Series A funding led by Beringea. This latest funding round will primarily be used for R&D and investing in sales and marketing to drive greater market penetration in the US.
Today’s websites are becoming increasingly complex as brands continue evolving their online presence to
Universtone, a global private equity real estate investment and development firm has invested in Bondstone, a private equity real estate investment and asset management firm focused on the Portuguese market.
Bondstone was formed by Paulo Loureiro, a Portuguese real estate entrepreneur and a former executive director at Morgan Stanley in New York.
With offices in Lisbon and Porto, Bondstone plans to deploy a total investment of EUR400 million by the end of 2021, by co-investing with prominent investors in value-add and opportunistic strategies in the commercial and residential sectors. The strategies will include development, refurbishment and repositioning projects.
“I
QRails, a cloud-based, open API issuer-processor that enables payment solutions around the world, has closed a USD8 million Series A funding round led by EFM Asset Management. The announcement comes as QRails, in partnership with payroll service providers, is about to launch a novel earned wage access solution in the United States, UK and Australia. This fundraising round brings total funds raised to date by QRails to USD18 million.
Less than a year after launching its processor and after co-founder Gerard Griffin took the helm as CEO, QRails has won significant customer mandates on the strength of its technology, its domain
New Heritage Capital (Heritage), a Boston-based private equity firm, has made a platform investment in Northern California-based DeWinter Group (DeWinter), a provider of temporary and permanent staffing solutions with expertise in finance, accounting and information technology. The transaction was structured using Heritage’s unique Private IPO solution, which leaves operating control in the hands of the reinvesting owners while providing them the desired liquidity and financial flexibility to accelerate future growth.
DeWinter has provided high-skilled staffing solutions in the San Francisco Bay Area for 20 years, building a reputation for an unwavering commitment to serving its clients and candidates. “We are thrilled
Funds managed by Blackstone are to acquire a majority stake in HealthEdge, a technology business that delivers next generation Core Administrative Processing Systems (CAPS) solutions to healthcare businesses. The investment is being led by Blackstone’s growth equity team, which is focused on providing capital to fast-growing companies and helping them leverage Blackstone’s deep operating resources and scale to become market leaders.
Steve Krupa, CEO of HealthEdge, says: “We are thrilled to work with Blackstone as we enter the next chapter of our company’s growth. Blackstone’s expertise in healthcare and extensive operational resources made them our partner of choice to help fuel
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
