Deals
SharesPost, a liquidity provider to the private technology growth asset class, has closed a USD15 million Series C round led by LUN Partners and Kenetic Capital.
The funding will be used to build out SharesPost’s Alternative Trading System (ATS) for private company shares and security tokens and to further expand its global reach into Asia.
“Our strategy is to create a single, global marketplace for traditional and digital securities of private growth companies. Connecting US and Asian investors and companies on our ATS is a key objective in realising that vision,” says Greg Brogger, Founder and CEO of SharesPost.
Silexica, developer of the SLX programming tools, has completed a USD18 million Series B round of financing, led by The EQT Ventures Fund (EQT Ventures), plus existing investors Merus Capital, Paua Ventures, Seed Fonds Aachen and DSA Invest.
The complexity of software design is evolving rapidly, with embedded supercomputers required to deliver trillions of actions every second for systems such as autonomous cars. Due to the shift to the computing everywhere era with increased connectivity and rapid data processing, complex new computing architectures are becoming increasingly difficult to program manually.
Silexica has been developing the SLX programming tools since
SmartAsset has raised USD28 million in Series C funding. The new investment, which comes from Focus Financial Partners (backed by Stone Point Capital and KKR), Javelin Venture Partners, TTV Capital, IA Capital and Citi Ventures, among others, increases the company’s total funding to more than USD51 million.
SmartAsset plans to use the funding to further grow its audience, as well as expand its fast growing SmartAdvisor platform, which matches consumers to financial advisors.
The six-year-old Y Combinator company provides personal finance information and tools to more than 45 million people each month. Powered by proprietary Automated Financial Modelling software,
TPG Capital (TPG), the private equity platform of global alternative asset firm TPG, is to make a strategic minority investment in beauty company Anastasia Beverly Hills.
TPG is partnering with Anastasia Beverly Hills to help enhance its operations and growth, with a focus on e-commerce and international expansion. Terms of the transaction were not disclosed.
“It has been incredible to watch Anastasia Beverly Hills evolve,” says Anastasia Soare, Founder and CEO of Anastasia Beverly Hills. “With the help of my daughter, Claudia, what started as a singular brow studio in Beverly Hills has gone on to become one of
Noerr has advised Rocket Internet on the successful IPO of home24 SE. The company’s shares are now trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange.
The shares of the leading European online home & living e-commerce platform were offered in a public offering in Germany and Luxembourg as well as through private placements in certain other jurisdictions. With a final offer price of EUR23.00 per share, market capitalisation – after full exercise of the greenshoe option – amounts to around EUR600 million. The first trading price was EUR28.50.
Gross proceeds from the IPO come to
Quantifeed, Asia’s leading B2B robo-advice provider, has closed USD10 million (AUD13.5 million) in a Series B funding round led by Cathay Financial Holdings, with participation from Legg Mason.
The Series B round will enable Quantifeed to fuel its growth in Australia and Asia-Pacific. The investment will also accelerate research and development in areas such as behavioural analytics and data science to improve customer engagement.
“We welcome the commitment of Cathay Financial Holdings and Legg Mason to our growth and we are confident that they will bring enormous value to our business,” says Alex Ypsilanti, CEO and Co-Founder of Quantifeed.
Tiller, a French specialist in cash registers and connected management, has closed a EUR12 million Series B funding round, with the option of deploying up to a further EUR8 million in the next 18 months to fund external growth.
The funding round was led by Ring Capital and Cambon Partners with participation from existing investor 360 Capital Partners and Omnes Capital.
Spanning 5,000 customers in more than 35 countries, Tiller offers a comprehensive management tool (order taking, cashing, real-time performance monitoring, integrated digital solutions marketplace) for merchants. With a team of nearly 150 people, offices in Paris, Barcelona and
Polaris is to acquire a majority shareholding in ProData Consult, a Danish independent IT consultancy focused on business and IT consultants.
Over 15 years, ProData Consult has generated an average annual growth in excess of 20 per cent, and the Group has activities in Denmark, Norway, Sweden, Poland, Germany and the Netherlands. The investment is the sixth in Polaris’ fund IV.
Following growth of more than 30 per cent in 2017, ProData Consult reached revenue of DKK 910 million based on the company’s core business of providing high-end business and IT consultants to a series of acknowledged clients, in
Artivest, a financial technology firm based in New York, and Altegris, an alternative investment manager based in San Diego, have successfully closed their previously announced merger.
The merged company, named Artivest, is headquartered in New York and California. Artivest serves over 10,000 clients worldwide, with approximately USD3 billion of asset flows, USD2.5 billion of which are alternative assets under management. Artivest’s digital alternative investment platform is a fully-encrypted online marketplace for qualified investors and financial advisors seeking access to world-class private equity, hedge fund, real assets and managed futures strategies, among others.
“Artivest is now the largest independent alternative
Verscend Technologies, a portfolio company of private equity firm Veritas Capital and a specialist in data-driven healthcare solutions, is to acquire Cotiviti Holdings, a provider of payment accuracy and analytics-driven solutions for the healthcare industry, for USD4.9 billion in cash.
Under the terms of the agreement, Cotiviti shareholders will receive USD44.75 in cash per share of Cotiviti common stock, and Verscend will assume all of Cotiviti’s outstanding debt, resulting in an enterprise value of approximately USD4.9 billion. The offer price represents a 32 per cent premium to Cotiviti’s unaffected share price as of 4 June, 2018 and a 136 per cent premium to the initial
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
