Middle market private equity firm Gryphon Investors (Gryphon) has acquired Rootstock Software (Rootstock), a provider of cloud-based Enterprise Resource Planning (ERP) software to manufacturing, distribution, and supply chain organisations, which are increasingly seeking cloud-native, purpose-built ERP solutions to streamline business operations. Both Salesforce Ventures and the company’s management team re-invested in the deal alongside Gryphon.  Terms of the deal have not been disclosed. Rootstock provides a market-leading, composable cloud ERP solution built on the Salesforce Platform. The company’s software helps manufacturers, distributors, and other organisations run their everyday business operations by linking customers, suppliers, and employers to critical data across

The UK’s largest distributor of decorative surfaces, International Decorative Surfaces (IDS), has completed a management buyout in partnership with private equity investor Chiltern Capital, with the support of a multi-million asset-based lending facility from Secure Trust Bank Commercial Finance. The facility will also support IDS’ working capital needs, as it looks to increase its market share.   Previously a subsidiary of Compagnie de Saint-Gobain (Saint-Gobain), a listed multinational headquartered in France, IDS specialises in flooring, worktops, laminates, compact, panel products, solid surface, wall panelling and composite decking. Headquartered in Newcastle-Under-Lyme, Staffordshire, it supplies more than 12,000 products, serving its customer

Buyout firm Permira is hoping to agree a £1.3 billion deal to acquire Reorg Research Inc, a financial data vendor specialising in debt restructuring, according to a report by Reuters. The report cites unnamed sources as revealing that the deal would see private equity firm Warburg Pincus, which valued Reorg at around $400 million when it acquired a controlling stake in 2018, make a lucrative exit from the business following an auction process, with Permira hoping to sign a deal in the coming days. Should deal be reached, Reorg Chief Executive Kent Collier, who founded the New York-based firm in

BuiltAI, an AI platform for the commercial real estate market, has closed a £2 million seed round led by former Apple/DataTiger executives Philipp Mohr and Puli Liyanagama and supported by MMC Ventures, Plug and Play and an InnovateUK Smart Grant. The new funds will fuel BuiltAI’s R&D and product growth – including furthering its AI geospatial analytics platform and extending its customer acquisition in the UK and Europe.  The deeptech company is developing AI inference technology that delivers radical transparency to the commercial real estate market in order to inform better, quicker investment decisions by players in the market.  Built

US private equity firms Carlye Group and Advent International are to acquire a 10% stake in India’s Yes Bank, according to a report by Reuters.

Ironwood Capital has invested in Pro Disposal USA (Pro Disposal), a vertically integrated waste management service provider permitted to handle waste from initial collection, through its managed transfer station, to final disposal. The investment will support Pro Disposal’s acquisition of Carolina Containers of Beaufort and Barnwell Resources (“CCB”), a collection and hauling, transfer station and landfill business specialising in C&D waste. Founded in 2006 and headquartered in Ridgeland, South Carolina, Pro Disposal serves the Lowcountry region of South Carolina from Charleston to Hilton Head to Savannah, an area experiencing significant population growth contributing to high levels of demand for solid

BBC Maestro, an online education platform providing access to expert masterclasses with the likes of David Walliams, Marco Pierre White and Mark Ronson, has completed a multi-million-pound funding round to facilitate market growth.

Amazon.com has agreed to acquire One Medical, a primary care provider owned by Caryle Group for for $18 a share, in an all-cash deal that values the company at $3.49 billion, according to a report by Private Equity Insights.

Quasar Finance has raised $6 million from a range of leading investment firms, including Polychain Capital, Blockchain Capital, Figment Capital, Lightshift Capital and Galileo.