Deals
Lendable has raised USD 6.5 million in a Series A round of investment from KawiSafi Ventures, Omidyar Network, Fenway Summer Ventures and a number of prominent FinTech angel investors from the United States.
They included Larry Rosenberger, the former Fair Isaac Corporation (FICO) CEO. The funds will be used to scale operations, drive market expansion, and roll out new products.
Lendable has launched the first technology-enabled deal platform designed specifically for alternative lenders in frontier markets. The Lendable platform enables these companies to raise scalable forms of off balance sheet financing in weeks.
Lendable has so far completed
FX affiliate firm Investoo Group has moved in to the portfolio management space with the acquisition of RoboAdvisors.com.
With a commitment to making portfolio management affordable and accessible, RoboAdvisors.com is aiming to become the leading robo advisor comparison site.
Investoo Group CEO Adam Grunwerg, says: “Our acquisition of this dynamic robo advisor comparison site represents a major turning point in our company as we expand into the retail investments industry. Robo advisors is a rapidly growing market that we feel will revolutionise the personal investments industry. This acquisition fits nicely into our group of brands, alongside our investment and
Reconor Group, a portfolio company of private equity firm Agilitas, has completed its second addition of 2017 with the acquisition of Mijodan.
Reconor, one of the leading environmental services groups in Denmark, also purchased Lotra in June 2017.
Reconor handles over 2 million tonnes of waste each year, with only 0.12 per cent being sent to landfill. The majority of the waste is recycled (e.g. for renewable power resources, hardcore ballast for construction, as well as materials for plasterboard). Reconor’s expertise helps Danish industrial and construction groups meet the country’s high standards of responsible and environmentally safe recycling.
ARX Equity Partners (ARX) has exited its 2010 investment in Czech construction materials manufacturer, KVK Holding (KVK), generating an overall 3.7x cash-on-cash return multiple and an IRR exceeding 20 per cent in the process.
KVK operates six production sites in the Czech Republic – three for the manufacture of mortar products, two for bituminous membranes and one for expanded polystyrene insulation. KVK generated revenues of EUR40 million in 2016.
The ARX exit was executed via a sale to Sika CZ, a subsidiary of Sika, a Swiss-headquartered specialty chemicals company with a leading position in the development and production of
Noerr has advised Evac Group Holding Oy on the sale of the Finnish Evac Group by IK Investment Partners (through its IK VII Fund) to private equity funds managed by Bridgepoint.
Evac Group is the world’s leading provider of integrated waste, wastewater, and water management systems for the marine, offshore and building industries. In 2016, it generated a turnover exceeding EUR 100 million. Evac Group is headquartered in Finland and has offices in Brazil, China, Finland, France, Germany, South Korea, Norway, Sweden and the USA, as well as representatives in more than 40 countries.
In the course of the
Bryan Cave’s M&A teams in Frankfurt and Hamburg have advised the Altano Group, a subsidiary of the Swiss investment company Ufenau Capital Partners, on its acquisiton of Pferdeklinik, an equine clinic located in Kirchheim, Baden-Wuerttemberg.
The Altano Group, which is one of the leading operators of equine clinics in Germany, is growing its presence in Southern Germany.
The Altano Group is a platform for the buy & build strategy of the Ufenau V German Asset Light Fond in the area of equine medicine in Germany, Switzerland and Austria. Ufenau Capital Partners is in exclusive negotiations with several leading equine
Gendius, a digital health start-up, has completed a Series A funding to launch Intellin – an App-based platform for people living with diabetes to better manage their condition.
The funding came from the GM&C Life Sciences Fund, managed by Catapult Ventures.
Diabetes is a global epidemic. The economic cost of treating diabetes in 2014 is estimated at over USD600 billion and the latest WHO report predicts there will be 592 million sufferers around the world by 2035. Healthcare systems are desperate for novel solutions to engage and empower people to manage their diabetes more effectively and mobile technologies are
UK private equity house Maven Capital Partners (Maven) and Enso Ventures (Enso), a specialist early-stage venture capital firm, have invested GBP2million in Cognitive Geology (Cognitive).
The funding will accelerate the roll out of ‘Hutton’ to oil companies and enable Cognitive to develop its pipeline of advanced third-generation petroleum geoscience software modules. These are designed to further help geologists find, appraise, and develop both onshore and offshore conventional and unconventional oil & gas reserves.
Founded in 2014 by Geologist Luke Johnson, Edinburgh-based Cognitive recently launched ‘Hutton’, its first advanced geological data analysis tool. Petroleum geologists analysing the subsurface have to
Noerr has advised the Chinese motor manufacturer SEC Holding Co, Ltd, which also owns the publicly traded SEC Electric Machinery Co, on a strategic acquisition of drive technology specialist VEM, a member of the Merckle Group.
The VEM Group specialises in manufacturing electric drive systems, custom motors and special machines. The company, which is active worldwide and has 1,500 employees, had revenue of about EUR200 million during its most recent business year. In this transaction, the entrepreneurial family Merckle sold the shares in SEC that it had acquired in 1997. The sale includes all current worldwide locations of the electric
Secret Escapes, the London-based international online marketplace for affordable luxury travel deals, has closed a USD111 million (GBP83 million) Series D investment and debt facility.
This significant equity round was led by Singapore-headquartered Temasek, with participation from existing investors Idinvest Partners, and a debt facility from Silicon Valley Bank.
With the additional funding, Secret Escapes has now raised almost USD153 million (GBP104 million) in capital since its 2011 launch. In July 2015, the company raised USD60m (GBP37 million) in a round led by Google Ventures and Octopus Ventures.
Since the brand’s arrival onto the global travel scene in
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
