CDPQ has committed $75 million to B2B SaaS customer engagement and retention platform CleverTap’s $105 million Series D Funding round. IIFL AMC’s Tech Fund also participated along with existing investors Tiger Global and Sequoia India.  The funds will be used to support CleverTap’s global expansion and enhance the development of its world-class solutions and technology. Founded in Mumbai in 2013 and headquartered in Mountain View, California, CleverTap’s customer engagement and retention SaaS platform leverages machine learning and artificial intelligence to offer a comprehensive user engagement suite that enables brands to build valuable, long-term relationships with their customers. CleverTap’s subscription-based solution has

Funds managed by Carlyle’s Global Infrastructure platform have committed up to $1 billion to partner with Tillman Global Holdings to accelerate investments in Tillman Infrastructure, a privately held cell tower platform in the United States. Since its founding in 2016, Tillman Infrastructure has become one of the largest providers of build-to-suit tower assets in the country and these funds will seek to further support that growth trajectory. Tillman Global will use the funds to seek to accelerate growth to meet increasing demand for mobile internet infrastructure, and to continue to invest in premium mobile infrastructure to serve its underlying mobile

ARQIS has advised Munich-based Agile Robots AG and its subsidiary Agile Robots Hanover on the acquisition of the Yu cobot with all associated technology components in an asset deal, from Hanover-based voraus robotik. voraus robotik is active in the field of software development of functional software for robot systems and had acquired essential assets of the insolvent YUANDA Robotics based in Hanover from its insolvency administrator. YUANDA had developed, produced and distributed the collaborative robot Yu. Now that voraus robotik wants to focus on the development of software for robots, Agile Robots has acquired the hardware as well as the

Partners Group, a global private markets firm, has, on behalf of clients, is to acquire a controlling stake in Foundation Risk Partners (FRP), a specialist insurance broker in the US, from Warburg Pincus.  FRP’s management will maintain a substantial stake in the business while Warburg Pincus will retain a meaningful minority position. Headquartered in Daytona Beach, Florida, FRP assists businesses and private individuals in navigating the complex US insurance landscape. The company’s areas of expertise include commercial insurance, employee benefits, personal insurance, and risk management services. FRP helps clients, which include small to mid-sized businesses and high net worth individuals,

Upper90, a provider of hybrid growth capital, has raised $180 million in a capped initial closing for its third fund. Commitments came from a strategic investor base of 300 entrepreneurs to help founders scale with less dilution.  The firm has pioneered a new investment model combining tailored credit and equity for alignment with technology businesses that have predictable revenue or collateral. Since raising Fund I in 2018, Upper90 manages and has syndicated over $2.2 billion across 43 portfolio companies generating attractive risk adjusted returns through asset-backed credit structures. Upper90 was an initial institutional capital partner to some of today’s fastest-growing

Perwyn has led a £20 million Series B funding round in Patchwork Health, a healthcare workforce platform built by NHS doctors, to accelerate its work tackling the NHS staffing crisis. The round was also backed by Praetura Ventures and KHP Ventures.  They were joined by a range of prominent angel investors, including Monzo founder Tom Blomfield and Social Chain Co-founder Dominic McGregor.   Founded in 2016 by NHS medics Dr Anas Nader and Dr Jing Ouyang, Patchwork partners with over 100 healthcare sites across the UK. It provides tech-powered solutions that address staffing challenges and allow NHS teams to manage

Cura Terrae, a new environmental services group backed by Palatine’s Impact Fund, has made its first acquisition since its creation in March with a bolt-on deal for group company Envirocare of S I Environmental, an established occupational health consultancy based in Nottingham. The acquisition expands Envirocare presence to the East Midlands alongside its existing bases in Bradford, Brackley (Northants) and East Kilbride in Scotland. S I Environmental was established in 2000 and has a strong market reputation and a number of specialist and experienced staff; some with over 30 years’ experience in occupational hygiene monitoring. This acquisition was backed by

NPIF – Maven Equity Finance, managed by Maven Capital Partners (Maven) and part of the Northern Powerhouse Investment Fund (NPIF), has invested £250,000 in RiskSmart. RiskSmart is currently developing an integrated risk management platform that will make risk management simpler for SMEs by utilising Machine Learning (ML) and Artificial Intelligence (AI) technologies to leverage valuable data. Its platform and solutions simplify, centralise and digitalise risk management to increase confidence and business resilience. Funding from NPIF – Maven Equity Finance will support the business as it aims to bring its innovative solution to market, with its minimal viable product set for

RESA Power, a specialist in power systems electrical testing, transformer services and life extension solutions for power distribution equipment, and a portfolio company of Investcorp, has acquired Advanced Electrical Services, Ltd.  RESA Power was acquired by Investcorp in December 2021 and this deal marks the first add-on acquisition under the alternative investment firm’s ownership. Advanced Electrical Services (AES) is a NETA accredited company that has two locations in Calgary and Edmonton from which it has been providing electrical testing services since 2008 throughout Western Canada. AES specialises in providing medium and high-voltage services and products into the renewable energy, mining,

Graphite Capital, a UK mid-market private equity specialist, has sold YSC Consulting, an independent global provider of leadership strategy consulting and advisory services, to a global professional services company. Graphite led the buy-out of YSC Consulting in 2017 and has worked closely with the management team to transform the business. Under Graphite’s ownership YSC expanded its client base, broadened its range of services and strengthened its international presence. It strategically repositioned its services towards the C-Suite and established a dedicated private equity practice, currently serving over 40 global private equity funds.     Graphite also invested in and supported YSC