Deals
Baffin Bay Networks, a cloud-native cyber security specialist, has acquired US data security business Loryka, which focuses on botnet and IoT research.
Baffin Bay Networks, its team hailing from major US security enterprises and Nordic banks, launched its cloud-based threat prevention service in 2017. This acquisition is the latest milestone following the company’s USD6.4 million Series A investment last year, led by EQT Ventures, accelerating its global expansion.
The company will become the first Baffin Bay affiliate in the United States. The Threat Research centre will be based in Portland, Oregon with additional operations in Virginia, Maryland and Tulsa, Oklahoma. Zac
CloseCross, a multi-party, decentralised derivatives trading platform in beta, has opened its investment round with USD3 million backed by Amnis Ventures, a privately owned venture fund based in Houston, Texas.
The investment puts CloseCross at a post-money valuation of USD60 million.
CloseCross is committed to a disruption of the current financial derivatives market by deploying patented multi-party settlement mechanisms and proprietary algorithms. Its aim is to create a derivatives environment where market participants enter collective smart contracts instead of traditional one-to-one contracts. CloseCross’ testnet application is currently available in beta in 140 countries across both iOS and Android platforms.
dv01, an end-to-end data management, reporting and analytics platform offering loan level transparency and insight into lending markets, has raised USD15 million in Series B funding, led by Pivot Investment Partners.
Other participants include a new strategic investor, Regions Financial Corp., as well as existing investors, including Quantum Strategic Partners Ltd., Jefferies Financial Group Inc., Illuminate Financial Management and OCA Ventures. Proceeds from the financing will be used to expand dv01’s data library and invest in product innovation, including adding new SaaS offerings, securitisation data and integrating third-party data, as dv01 continues to grow its customer base across lending markets,
Arlington Capital Partners (Arlington Capital), a Washington, DC-area private equity firm, is to acquire Triumph Group’s forming and fabrication facilities.
With five locations in Hot Springs, AR; Fort Worth, TX; Shelbyville, IN; Phoenix, AZ; and San Diego, CA, the Company has a complex and differentiated capability set, operating in the forming, special processing and bonding markets, among others. The Company has many longstanding and strong relationships with blue-chip aerospace OEM and Tier 1 customers and has a diversified product portfolio across various aerospace platforms and end-markets.
Peter Manos, a Managing Partner at Arlington Capital, says: “Differentiated aerospace forming has
Cannamedical Pharma, an independent cannabis wholesaler in Germany and the European Union, has received a EUR15 million equity investment from the US- and Germany-based growth equity investment firm Orkila Capital.
As a result of its investment, Orkila Capital has acquired a minority in Cannamedical.
“I am very pleased that Orkila Capital has recognised our growth potential and chosen to invest in us. Our most important goal is to ensure the timely supply of medicinal cannabis to patients at all times. And we are very proud of our reputation in Germany for providing the highest levels of customer service and
Investcorp, a global provider and manager of alternative investment products, has launched operations in India with the imminent completion of its first deal, the acquisition of the Private Equity and Real Estate investment management businesses of IDFC Alternatives Limited (IDFC Alternatives), a subsidiary of IDFC Limited.
The acquisition, which has already received the required regulatory approvals from the Securities and Exchange Board of India, is expected to close on 31 January 2019. This transaction will mark Investcorp’s entry into India and is in line with the firm’s long-term strategy of expanding its investment footprint and client franchise globally.
The
Bipsync, a research platform provider for investment management firms, has secured USD7 million in a growth investment round led by Edison Partners. FINTOP Capital also participated in the round.
Proceeds will be used to expand Bipsync’s global footprint and accelerate product innovation, customer success initiatives, and sales and marketing operations.
The funding builds on an exceptional growth period at Bipsync, which has seen three-times year-over-year growth in bookings, over 100 per cent net revenue retention and expansion into new client markets of Limited Partners and allocators. Bipsync’s global client roster now spans the entire investment management industry in asset
Hg is to acquire a majority interest in Transporeon Group (Transporeon), a global cloud-based business network for industrial logistics, from existing investor TPG Capital (TPG), the private equity platform of global alternative asset firm TPG.
Terms of the transaction have not been disclosed.
Headquartered in Ulm, Germany, Transporeon links manufacturers, retailers, and wholesalers with logistics service providers via the largest network of its kind. The group digitalises the entire logistics supply chain, providing software-as-a-service (SaaS) solutions that connect a global network of over 1,000 shippers and trading companies, almost 90,000 carriers, and over 100,000 users in over 100 countries.
Private equity firm IK Investment Partners (IK) is to acquire Groupe NetCo (NetCo), a specialist in preventive and curative maintenance of belt and roller conveyors.
NetCo will be the fifth acquisition for IK’s Small Cap II Fund, which targets growing businesses within the Benelux, DACH, France, and the Nordics. Financial terms of the transaction are not disclosed.
Founded in 1902 in France, NetCo has grown to become a European specialist in conveyor systems across key industries including quarries, food and heavy goods.
Through its three business units; NetCo Services, NetCo Distribution, NetCo Systems, NetCo holds a leading position
Fiera Infrastructure, an affiliate of Fiera Capital Corporation, has entered into a long-term partnership with EllisDon Capital, an affiliate of EllisDon Inc, a Canadian Public-Private Partnership (PPP) developer, constructor, and facilities service provider.
The newly formed Partnership will acquire EllisDon’s interest in its existing portfolio of PPP projects and have the right of first offer over EllisDon’s future PPP projects for a pre-agreed period. Fiera Infrastructure’s investment in the projects will be added to its global infrastructure fund.
“Partnering with EllisDon, one of North America’s most successful and experienced construction capital groups, enables Fiera Infrastructure to further access the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm