Los Angeles-based K1 Investment Management is to acquire Australian software provider ELMO Software in an all-cash deal worth $319 million, according to a report by Reuters.

65 Equity Partners, an investment firm wholly-owned by Temasek,  has invested $106 million (SGD150m) in Singapore-based immersive entertainment firm Cityneon Holdings, according to a report by Deal Street Asia. Cityneon has previously raised SGD235 million round in a funding round in April 2021, which gave the company a valuation of over SGD1 billion. Existing investors in the company include CITIC Capital, Pavilion Capital, EDBI, Qatar’s Doha Venture Capital and SeaTown Holdings International. Cityneon is intending house the additional funding to expand into new markets, acquire new IPs, build up technological capabilities, and shore up its balance sheet. The company was

KKR is to acquire Ness Digital Engineering (Ness), a global provider of full-lifecycle end-to-end digital transformation services that specialises in building digital software products and platforms, from The Rohatyn Group (TRG).

General Atlantic, a global growth equity firm, is to acquire Iron Park Capital Partners (Iron Park), a global investment manager with deep experience across public and private credit markets, to create General Atlantic Credit (GA Credit). GA Credit will expand and enhance the firm’s ability to provide creative capital solutions to high-quality companies in need of a strategic partner at multiple stages of corporate and economic lifecycles. Tripp Smith, CEO and founder of Iron Park, will be CEO of GA Credit. Iron Park currently offers a range of credit solutions that are rooted in a robust and well-developed investment process

Ara Partner, the majority shareholder in bio-based ingredients firm BioVeritas, has committed $65 million in additional capital to support the rapid commercialisation of the company’s production process for clean-label food and feed ingredients, gut health supplements, and industrial materials.  Ara Partners acquired BioVeritas in 2021 and recruited David Austgen, a 35-year veteran of the energy, chemicals, biofuels, and biochemicals industries, as BioVeritas’ CEO.   The company has already started delivering samples for testing to customers and potential partners, including major players in the clean-label ingredients market, from its Market Development Unit (MDU) in Bryan, TX. The new funds raised by

Sverica Capital Management (Sverica) has sold its portfolio company iWave to private equity firm Incline Equity Partners (Incline), ending a five-year partnership during which the fundraising intelligence specialist tripled in size. Founded in 1991 and headquartered in Charlottetown, PE, Canada, iWave provides education, healthcare, and nonprofit organisations with an intuitive platform that aggregates wealth, philanthropic and biographic data and turns it into actionable intelligence that fundraising teams need to identify, cultivate, and retain donors. In addition to offering customers the world’s largest and most up-to-date charitable giving database, the Company’s comprehensive platform offers proprietary analytics and actionable insights to help

ConnexPay, a payments technology company that integrates payments acceptance and issuance inside a single platform, has secured a $110 million growth equity investment led by FTV Capital, a sector-focused growth equity investor.  Previous ConnexPay investors also participated in the round.  The funding will enable ConnexPay to drive international expansion in Europe and beyond, as well as continue to  enhance its innovative payments platform. With this investment, ConnexPay has raised a total of $145 million to date.   Founded in 2017, ConnexPay was initially developed to serve the travel industry, today supporting many of the largest travel agencies, tour operators, and

SilverEdge Government Solutions (SilverEdge), a provider of cybersecurity, software, and intelligence solutions for the defence and intelligence communities and a portfolio company of Godspeed Capital, has acquired Counter Threat Solutions (CTS), a provider of all source and counterintelligence analysis, identity intelligence, and enterprise IT and data management solutions.  Founded in 2015 and based in Reston, Virginia, CTS provides technology solutions and related services to key US intelligence agencies. Led by CEO Theresa Keith, a US Army intelligence veteran with more than 20 years of experience in the IC, CTS employs more than 100 technical and mission support specialists, nearly 100%