Barbour ABI has been granted a contract extension by HM Government to continue to publish the Government Construction and National Infrastructure Pipelines through until August 2016.  Barbour ABI was originally awarded the contract in September 2012, following a formal competitive tender process, because of their proven data collection processes and their existing knowledge in researching and tracking construction projects.  Since 2011, the published Pipelines have expanded to include more data on projects and programmes across departments. The commitment to making the data more user friendly using mapping and timeline technology – as well as promoting the pipeline more widely across

An affiliate of private equity firm Warburg Pincus is to recapitalise Sterigenics, provider of contract sterilization, gamma technologies and medical isotopes, in partnership with private equity firm GTCR. Terms of the transaction have not been disclosed. GTCR purchased Sterigenics in 2011. “With this new partnership between Warburg Pincus and GTCR, Sterigenics is extraordinarily well positioned to accelerate growth, invest additional capital to serve our customers and expand our global footprint,” says Michael Mulhern, CEO of Sterigenics International. Sterigenics’ growth over the past several years has reinforced its global market-leading position in the contract sterilization services industry.  In 2014, Sterigenics acquired

Lending Works, the first peer-to-peer lender to have insurance against borrower default risk, is introducing several new features aimed at the UK pensions market, as new pension rule changes come into effect in April 2015. More than 52% of Lending Works’ lenders are aged 55 or older, indicating a growing inclination among later-life lenders to make peer-to-peer lending a common feature of their retirement finance plans.   From early April 2015, Lending Works will offer four brand new features that make peer-to-peer lending even more appealing to pensioners who take control of their pensions and look for simple, personal, high-interest

Remitly has closed a USD12.5 million Series B funding round led by DFJ with participation from DN Capital and existing investors QED Investors and Trilogy Equity Partners.  DFJ partner William Bryant will join Remitly’s board of directors. Remitly will use the new capital to expand its team, scale marketing efforts, and broaden the service to include new countries. While the global economy becomes more integrated through technology, international money transfers remain antiquated. There are more than 200 million people who live abroad and send money home. These customers use remittance services that are often riddled with high and hidden fees,

Trax Technologies has completed its previously disclosed majority investment in Trax, made in partnership with Trax’s current management team, led by Founder and CEO J Scott Nelson.  The terms of the transaction have not been disclosed. “With this transaction complete, we are excited to continue building the Trax platform and services in support of our current and future global customer base,” says Nelson. “This investment will support further development, deployment, and support of existing and new products and services benefiting both buyers and sellers of logistics services.”

Healthcare investment firm Vivo Capital has held the final closing of Vivo Capital Fund VIII at USD750 million, which brings the firm's total funds under management to more than USD1.7 billion. Vivo plans to invest the capital primarily in later development stage pharmaceutical and medical device companies in the US and in revenue stage healthcare companies in greater China. Vivo plans to continue assisting companies in both countries in their efforts to forge cross-border partnerships, enabling companies to acquire new products and expand the market for their existing products. Vivo also intends to continue its successful strategies of building companies