Deals
GlassesUSA, the online retailer specialising in prescription eyewear, announced the closing of USD12.5 million in new financing led by Viola Private Equity, a member of the Viola Group.
The funding will further GlassesUSA's aggressive business growth and accelerate their expansion as a leading player in the growing global market of online eyewear, both B2C and B2B.
GlassesUSA was founded in 2009 by CEO Daniel Rothman, COO Eldad Rothman, and CTO Roy Yamner. Leveraging their vast experience in online branding, marketing and operations and backed by a team of 70 employees, GlassesUSA has built a global leading e-commerce company ranked for
Intesa Sanpaolo and GSO Capital Partners, the credit investment arm of Blackstone, are partnering to provide an alternative source of funding to Italian middle market businesses.
The partnership will significantly expand the availability of private debt capital in Italy, enabled by favourable recent changes in the Italian legal and regulatory framework.
The collaboration will have a focus on both existing corporate clients of Intesa Sanpaolo as well as the broader Italian middle market corporate universe. The private debt capital will be provided to sub-investment grade companies for a variety of purposes ranging from growth capital, acquisition financing, to opportunistic refinancings.
Novan Therapeutics has secured USD50 million in an oversubscribed private financing led by new investor Malin Corporation with strong participation from Novan’s existing private investors throughout the Research Triangle area of North Carolina.
The round closed 27 March, 2015 at USD50 million, including an August 2014 initial filing of USD10.3 million.
Neal Hunter, Novan’s Founding Investor and Chairman, says: “We believe the promise of Novan’s pipeline and our advancement toward commercialisation enabled us to attract strong participation in this round, leading us to close at twice the original target of USD25 million. The funds secured will support Novan’s efforts to
Claranet, the European managed services provider, has signed a refinancing agreement, securing a long-term facility for the company.
Goldman Sachs’ Private Capital Team has joined Claranet’s existing and well-established finance providers RBS, ABRY Partners and Ares Management’s European Direct Lending Team for the first time in a move that reflects the strengthening performance of the privately owned company in the B2B technology space.
Commenting on the new agreement, Charles Nasser, Claranet Group founder and CEO, says: “Our new arrangements reflect the strength of Claranet and the confidence of our funders as we continue to expand both organically and through acquisition
Aberdeen Asset Management is to purchase SVG Capital plc’s stake in their joint venture vehicle, Aberdeen SVG Private Equity Managers Limited (Aberdeen SVG Private Equity) for GBP29 million.
In May 2013, Aberdeen acquired a 50.1% stake in Aberdeen SVG Private Equity from SVG Capital plc with the option of acquiring the remaining 49.9% stake.
The transaction is part of Aberdeen’s strategy to consolidate and strengthen further its alternatives platform which provides multi-manager coverage of hedge funds, property and private equity allocations, infrastructure investments and Pan-Alternative capabilities.
The majority of the Aberdeen SVG Private Equity team will be fully
The Consumer sector team at Livingstone has advised JacTravel, a leading B2B hotel accommodation wholesaler and provider of inbound travel services, on the acquisition of TotalStay Group.
The transaction was supported by Vitruvian Partners, JacTravel’s existing institutional shareholder.
The enlarged group will benefit from greater scale in the accommodation market, achieving an annual combined turnover significantly in excess of £360 million, and direct contractual relationships with over 14,000 independent and chain hotel partners in 800 cities globally. Greater scale is expected to accelerate growth in both companies, which have been growing at around 20% per annum in recent years.
Terry
Capitala Group, a leading provider of financial solutions for lower and traditional middle-market companies, is pleased to announce the final closing of its fourth private equity fund, CapitalSouth SBIC Fund IV.
The fund exceeded its initial target thanks to strong support from existing investors and new commitments from other leading institutional investors including public and private pensions, fund of funds and family offices.
“We are excited to announce the final close of the Growth Fund,” says Joe Alala, Chairman and CEO. “We appreciate the interest expressed in the Fund by many long-standing relationships, as well new investors.”
The CapitalSouth Growth
Amplience has closed of a USD10.5 million Series B funding round led by Octopus Investments, with participation from existing stakeholders and investors including Northstar Ventures and Silicon Valley Bank.
Applience will use the funds to support its continued growth in the North American and Northern European regions.
Since opening its first US office in 2013, Amplience has enjoyed significant expansion across the region, a complement to the company’s growth in Northern European markets. This development is supported largely by a stream of strong customer wins, expansion of existing accounts, and the development of its AmplienceOne Big Content Platform. The
Wheelhouse has expanded into private equity investing through the newly formed Wheelhouse Capital Partners, which is backed by Global Endowment Management (GEM).
Wheelhouse Capital Partners is looking to acquire lower middle market businesses in the USD10 million to USD30 million range in its two core sectors: healthcare and industrial services.
“After a great deal of preparation, we are proud to incorporate private equity investing into our already unique business model,” says Steve Simpson, Wheelhouse co-founder and managing partner. “This expansion is a natural evolution for our firm and we are pleased to add GEM as a partner.”
After working closely
Social media management platform Falcon Social has closed a fund raising round of USD16 million.
The Series B financing round was led by Prime Ventures and joined by existing Falcon Social investors Northcap and Target Partners, bringing the company’s total financing to date to USD25.33 million. The new financing will help support the company’s product development, innovation and continued global expansion.
Founded in 2010, Falcon Social set out to tackle the social media marketing needs for businesses, a market estimated to grow to USD9.8 billion by 2018 according to MarketsandMarkets. Today, Falcon Social helps over 400 world-renowned companies listen, engage,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
