Euromoney Institutional Investor, a financial news and information business has agreed to be acquired by private equity consortium in a deal worth around £1.6 billion, according to a report by Bloomberg. The deal will see Euromoney shareholders receive £14.61 per share from Luxembourg-based private equity manager Astorg Asset Management and British firm Epiris, a 34% premium to Euromoney’s share price on 17 June, the day before the discussions were disclosed.  On completion the business will be split into two separate entities with Fastmarkets becoming a stand-alone unit will be owned by Astorg, while Epiris will retain the remaining Euromoney businesses. 

5ire, a fifth generation level 1 blockchain network and the world’s first and only sustainable blockchain, has raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM. This investment makes 5ire the fastest growing blockchain unicorn in India and the only sustainable blockchain unicorn in the world, valued at $1.5 billion.  5ire was founded by Indian-origin entrepreneurs, Pratik Gauri and Prateek Dwivedi, along with web3 financier Vilma Mattila, in August 2021.  5ire raised a funding of $21 million in its seed round at a valuation of $110 million with participation from both private and institutional investors like

Onramp Invest, a turnkey digital asset platform for financial professionals, has completed its Series A funding round with a total of $7 million raised from lead investors JAM FINTOP and EJF Capital (EJF), which participated through its affiliate, the EJF Silvergate Ventures Fund. Since its inception, Onramp Invest’s mission has been to break down barriers to digital asset investment and help financial professionals smartly and safely provide crypto investment services to their clients. In turn, the financial services community has been paramount in informing Onramp’s development and feature roadmap. Onramp Invest offers an suite of tools and services on an

Crash Champions a US-based independent collision repair service provider, has secured a growth investment from Clearlake Capital Group, and will simultaneously execute a strategic acquisition of Service King Collision. Crash Champions’ management team and operating partners, alongside Clearlake, will lead the combined Company going forward. Following closing and integration, the Company will operate over 550 total locations across 35 states and the District of Columbia under the Crash Champions name and banner.  Terms of the transaction, which is subject to customary closing conditions including regulatory clearances, have not been disclosed.   Following the closing of this deal, the combined Company’s

RIDE Capital has raised €3 million in a funding round led by angel investors and entrepreneurs Lea-Sophie Cramer and Verena Pausder, and angel investor and professional football player Mario Götze. The new funding will fuel the Berlin-based FinTech’s plans to become a digital private bank. Together with other business angels, RIDE Capital has raised a total of €8 million since its foundation.    RIDE Capital founders Christine Kiefer and Felix Schulte are developing special services for a target group below the level of classic private banking.  The company has served more than 1,200 customers with a total of €250 million

Allied Power Holdings (Allied), a full-service provider of power plant services, has acquired Radiation Safety & Control Services (RSCS), a provider of project management, technical and laboratory services to the nuclear power industry. Financial terms of the transaction have not been disclosed.   Allied provides a diversified range of services – from routine maintenance to outage services and management, capital construction and specialised support – for power plants across the asset life cycle throughout the US. In November 2020, the Company was acquired by Bernhard Capital Partners, a services and infrastructure-focused private equity management firm investing in middle market businesses

Nyobolt, a pioneers in end-to-end fast-charging battery systems, has held the initial close of a £50 million Series B funding round which will enable the company to enter a stage of manufacturing at scale. HC Starck Tungsten Powders (HCS), a subsidiary of Masan High-Tech Materials, one of the world’s largest tungsten suppliers – a key component of Nyobolt’s technology – led the round alongside existing deeptech investor IQ Capital.  The investment is set to drive Nyobolt’s market entry by establishing its presence and launching the manufacturing of millions of units next year. HC Starck funding will enable Nyobolt’s first materials

Revelstoke Capital Partners, a private equity firm focused on investing in healthcare services companies, has completed fundraising for Revelstoke EPIC Fund III (EPIC III) to support the growth of Rarebreed Veterinary Partners (Rarebreed), which Revelstoke recapitalised in December 2021. EPIC III, with $376 million of commitments, was substantially oversubscribed and is the third single-asset vehicle in Revelstoke’s EPIC Fund series, which collectively totals over $1 billion in commitments.  Since the firm’s inception in 2013, Revelstoke has raised over $3.9 billion in equity commitments and has invested in 25 platform companies and 132 add-on acquisitions. Concurrently with the closing of EPIC

Omni Partners, a London based alternative investment management firm, has supported the management buyout (MBO) of Vivup, a wellbeing and employee benefits provider.

International ESG-focused law firm PGMBM and European special situations investor North Wall Capital (North Wall) have agreed an incremental £100 million funding partnership, substantially expanding the total size of the two firms’ financing relationship to £150 million. The latest investment by North Wall will be used by PGMBM to address the growing demand from consumers and other victims of injustice to access recourse against corporates.   The transaction, which is believed to be the largest investment in a UK claimant law firm to date, will be funded from the second fund vintage of North Wall’s ESG-focused legal assets strategy. The