Capital on Tap has secured a £200 million funding facility with JP Morgan and Triple Point to support UK small businesses. The funding will help small businesses access credit at a time when the UK is anticipating a recession and facing historic inflation rates.

Thoma Bravo is closing in on a deal to acquire aerial imagery company Nearmap Ltd for AUD1.06 billion ($728.5 million), according to a report by Reuters. The AUD2.10-per-share offer submitted last month represents a premium of nearly 39% to the stock’s closing price on 12 Aug, a day before the offer was disclosed.  Shares of Nearmap jumped 5.9% to AUD2.08, their highest level since November 2021, after news of the all-cash deal broke. The company’s shares have slumped by more than half since hitting a peak in 2019. Thoma Bravo, a software investor with assets under management of more than

Ayesa, a portfolio company of A&M Capital Europe (AMCE), is to acquire Ibermática, a Spanish IT services firm, from ProA Capital and the remaining minority shareholders, including ONCE and Kutxabank. The transaction is expected to close in the coming months following approval by the relevant authorities. Terms of the transaction have not been disclosed. Founded in 1973, Ibermática is widely considered the premier IT services provider for large corporates in Spain and counts many IBEX 35 companies as clients. Ibermática offers a wide-ranging portfolio of solutions spanning IT consultancy, cybersecurity, cloud computing and data analytics. At the end of 2021,

New State Capital Partners (New State) has acquired AFIMAC Global Inc (AFIMAC), a provider of specialty business continuity solutions, including staffing, security, and logistics, as a carve-out from its parent company Dalton First Financial Inc. Joe Schollaert will continue to serve as AFIMAC’s president and chief executive officer.  Terms of the transaction were not disclosed.   AFIMAC’s clients include a diverse range of Fortune 500 companies across end markets such as food and beverage, consumer, business services, and specialty manufacturing.   The acquisition of AFIMAC marks New State’s fifth deal in nine months and the fourth platform investment in New

Carbon Direct, a science-first carbon management firm and software provider, has closed a $60 million funding round led by Decarbonization Partners, a partnership between Temasek and BlackRock, and Quantum Energy Partners.

CenterOak Partners (CenterOak), a Dallas-based private equity firm, has formed Turf Masters Lawn Care Services, a residential lawn services platform created through the combination of three providers: Turf Masters Lawncare (Turf Masters), All Turf Holdings (All Turf), and Green Group Holdings (Green Group). As part of the transaction, the existing owners and management teams will continue to be active and will have an equity interest in the Company. Andy Kadrich, the founder of Turf Masters, will lead the Company as CEO. CenterOak’s investment will provide capital to support the growth of the newly formed entity. Terms of the transaction were

LDC has made an £18 million minority investment in TMC Pharma Services (TMC), a global pharmaceutical development organisation that specialises in innovative treatments for rare diseases and oncology. The mid-market private equity firm is backing the existing TMC management team, led by Co-Founder and CEO Julie Matthews and COO Carol Woodward. Its minority investment will help TMC to further expand into the US and Asia markets. The business also plans to double the number of full-time employees it has over the next five years and open new offices in key international markets. TMC has successfully supported over 150 Orphan Drug

STRAT7, a strategic customer insight business backed by Horizon Capital, has made its third investment in two years with the acquisition of Jigsaw Research, a strategic insight agency. STRAT7 acquired insight consultancy, Incite, in September 2021 and cultural trend specialists, Crowd DNA, in November 2020. Founded in 1998, Jigsaw delivers integrated quantitative and qualitative research services across a range of sectors, including Financial Services, Technology, Media and Telecoms, Life Sciences, Professional Services, Public Sector and Retail. It boasts a global blue-chip client list including American Express, M&S, Lloyds, BBC, ITV, Sage, Vodafone, PwC, Deloitte and Ofcom. Through its proprietary online

Sound Point Capital Management (Sound Point), a credit-focused investment manager with more than $30 billion in assets, has appointed Andrea Sayago as its new chief compliance officer and associate general counsel.

iCapital, a global fintech platform focused on access and efficiency in alternative investing for the asset and wealth management industries, is to acquire UBS Fund Advisor, UBS’s legacy proprietary US alternative investment manager and the feeder fund platform it manages.