Global cryptocurrency trading platform KuCoin’s venture capital arm – KuCoin Ventures – has made a strategic investment in Torches Finance, the decentralised lending protocol based on KuCoin Community Chain (KCC). Torches Finance is a KCC-based lending protocol that integrates functions such as lending, leveraged mining, and NFT. So far, Torches Finance has opened deposit and lending services for BTC, ETH, KCS, USDT, and USDC. Torches Finance has made serious efforts to enrich usage scenarios, innovating token incentive models and implementing strict risk management measures. The Torches Finance usage scenario foresees users gaining token benefits through various channels, including, but not

Mayfair Equity Partners (Mayfair), a dedicated consumer and technology focused private equity investor with over £1 billion in assets under management, has backed a management buyout of Access Partnership (Access), a global firm providing advisory services to technology businesses globally in the fields of regulation and public policy. Founded by its CEO Greg Francis in 1999, Access advises blue-chip technology and telecom clients on achieving entry to new markets on fair terms and maintaining access to existing markets around the world. Access also advises governments, multilateral organisations, and regulatory authorities to ensure that new technology is appropriately regulated.  Headquartered in

  IT-Salonen Ltd. Through the acquisition, iLOQ, a pioneer in digital access management, will further strengthen its programming capabilities. Under the trade name DreamIt, IT-Salonen specialises in providing a wide range of IT services and various cyber services, and also develops software products. Kodinportti is a digital user interface for residential and commercial properties.  Over time, all of DreamIt’s Oulu-based employees will move to iLOQ’s product development team in the company’s headquarters in Oulu. DreamIT also has employees in Tampere and Helsinki. 

Ideagen, a specialist in compliance software for regulated industries, has secured an investment from Hg, a leading software and services investor. Following a positive shareholder meeting on 23 June, 2022, which showed support for Hg’s offer for the business, Ideagen has now delisted from on the London Stock Exchange’s Alternative Investment Market.   Established in 1993 and headquartered in Nottingham, UK, Ideagen’s software helps companies comply with regulation and manage risk. It is a leader in the $30 billion-plus regulatory and compliance software sector, serving highly regulated industries such as life sciences, healthcare, banking and finance and insurance.    The

Eurazeo has closed the sale of its majority stake in the Orolia group, a specialist in R-PNT (Resilient Positioning, Navigation and Timing) solutions and applications, to Safran for €189 million.

The Sterling Group has completed its acquisition of Ergotron, a global company focused on improving how people work, learn, play and care for others. The Sterling Group will support Ergotron as it enters a new phase of growth, just on the heels of celebrating 40 years in business.  For decades, Ergotron has been using human-centred design principles and the Technology of Movement to build environments that help people thrive. A pioneer of the sit-stand movement in the workplace, Ergotron offers award-winning standing and mobile desks, ergonomic wall mounts and monitor arms for office and industrial settings. Ergotron also has a

Sidley Austin has appointed Gabriel (Gaby) Valdes as a Global M&A and Private Equity partner in Miami. Prior to joining Sidley, Valdes, a Miami native, was a corporate partner in the Private Equity practice at McDermott Will & Emery. In addition, Miami natives Karla Utset, previously at McDermott Will & Emery; Marcos Alvarez, previously at Holland & Knight; and Anabelle Dahdah, previously at Jones Day, will be joining in Miami as Senior Managing Associates in the M&A and Private Equity Global Practice group.   Valdes focuses his practice on mergers and acquisitions, leveraged buyouts, divestitures, and other corporate transactions involving

QHP Capital (QHP), a management company for NovaQuest Private Equity (NQPE), has acquired Lexitas Pharma Services (Lexitas), a full-service ophthalmology contract research organisation (CRO) supporting biopharmaceutical and medical device clinical trials. Since 2011, Lexitas has provided clinical trial and medical strategy solutions to biopharmaceutical and medical device companies developing ophthalmic products. The Company provides end-to-end support and development expertise in the anterior and posterior segments of ophthalmology.  Additionally, Lexitas appointed Jeanne Hecht as Executive Chairwoman of the Board. Hecht is a seasoned ophthalmology CRO industry executive having previously served as CEO of Ora, an ophthalmic CRO, where she expanded Ora’s

Iron Path Capital, a private equity firm focused on healthcare and specialty industrials, has appointed Ted Clark as a partner to lead investment initiatives with a focus on high-quality businesses in the specialty industrials sector. Clark joins Iron Path after stepping down as EVP and chief operating officer and transitioning to an advisory role with HB Fuller Company (NYSE: FUL), a global specialty chemical company founded in 1887. Clark joined HB Fuller following its 2017 acquisition of Royal Adhesives and Sealants (a platform Clark founded with Quad-C Management in 2003), where he served as president and CEO. Iron Path Capital

Gresham House has acquired New Century Care (NCC), an elderly care provider operating care homes across the UK, for $21 million. The investment was made by Gresham House’s second flagship sustainability fund, BSIF II, in partnership with specialist care and education provider Salutem.    NCC currently provides care for nearly 300 elderly residents across six sites in the south of England and Scotland. Under its new ownership and management, its capacity and offer will expand, adding much-needed new beds and specialist care for the elderly care sector – where currently an estimated 1.4 million older people in the UK do