Motility Software, a specialist in end-to-end dealer management software for specialty dealerships and backed by Serent Capital, announced today it has been acquired by The Reynolds and Reynolds Company, a leading provider of automobile dealership software and services. The two companies are joining forces to drive operational excellence at specialty dealerships across the country. In 2018, Motility entered a partnership with Serent Capital, a growth-focused private equity firm. Motility has experienced record-breaking growth during this time with the addition of over 125 dealers. That growth was bolstered by the acquisition of location-based inventory management solution, Lot Metrix in 2021. In

123Dentist, Altima Dental, and Lapointe Group have entered into a merger agreement to create one of the largest dental support organisations in Canada, with nearly 350 supported dental practices. The transaction is being financed through equity capital provided by 123Dentist’s existing financial partner, Peloton Capital Management; new investors KKR, a leading global investment firm, and Heartland Dental, a KKR portfolio company and a leading dental support organisation in the US; and Sentinel Capital Partners, Altima Dental’s existing financial partner. 123Dentist will continue its dentist-first, patient-focused growth strategy and pursue attractive opportunities with dentists looking for long-term partnership solutions that provide

APDS, a public-benefit corporation whose advanced career readiness platform helps incarcerated individuals attain a living wage after release, has raised $7 million in a Series C funding round. ETS Strategic Capital, a division of ETS focused on equity investments, growth partnerships and mergers and acquisitions, co-lead the Series C round, while existing investors Converge Venture Partners, ECMC Group’s Education Impact Fund, Juvo Ventures, the Partnership Fund for New York City, Rethink Education, and Strada Education Network, also participated.  The capital will allow the company to further scale its innovative services across correctional facilities nationwide while enhancing its proprietary learning platform,

European venture capital investor Seventure Partners has led a €5 million Series A funding round in Sentryc GmbH, a technology company founded in 2019. Sentryc offers companies and brands a digital solution as a brand protection specialist with its proprietary brand protection software to detect and curb product piracy and brand abuse on online marketplaces. With the substantial multi-million financing round, the digital focus and the strong partner network of the new investor, the team around CEO Nicole Jasmin Hofmann and CPO Hendrik Schüler gains effective support for the planned further development of the SaaS solution, growth and further expansion into

wefox, a Berlin-based insurtech, has closed a Series D funding round of $400 million – comprising equity and debt – and increasing its post-money valuation to $4.5 billion in the process. Mubadala Investment Company led the equity raise with participation from Eurazeo, LGT, Horizons Ventures, OMERS Ventures and Target Global. The round sees wefox increase its valuation from $3 billion to $4.5 billion in 12 months, bucking the trend currently experienced in the insurtech market and more broadly across the tech sector.  wefox intends to use the funding for product development and expand across Europe and thereafter Asia and the US.

BGF has exited its investment in Fife-headquartered housebuilder Campion Homes. Having initially invested a multimillion sum in 2016, BGF’s exit follows a strong period for Campion Homes, with it trebling in size taking turnover from £14.6 million to over £45 million. The company is utilising its profit growth and strong cash generation over BGF’s hold period to buy out BGF’s position in full.   Campion Homes is an award-winning family-owned business that has been constructing quality homes across East Central Scotland for over 30 years. The business has completed 2,300 homes across Fife, the Lothians, Clackmannanshire and, Perth & Kinross

Investec Aviation Finance (Investec) has completed a senior secured debt facility with ALAFCO Aviation Lease and Finance Company KSCP (ALAFCO). Investec has provided $15 million of senior debt financing against an aircraft being operated by a low-cost carrier in Southeast Asia that is currently undergoing restructuring. Established in 1992, ALAFCO began as an aircraft leasing arm of Kuwait Airways, before being acquired by Kuwait Finance House in 1999. It was listed on the Kuwait Stock Exchange (now Boursa Kuwait) in 2006 and has established itself as a leading name in aircraft leasing, currently operating out of both Kuwait and Dublin.

IK Partners’ (IK) IK IX Fund (IK IX) is to acquire a majority stake in leading Dutch consultancy and technology firm IG&H from its founding management team who are reinvesting alongside IK.

Tikehau Capital, a global alternative asset manager, has partnered with NOVAFRANCE Energy, a specialist in the development of renewable energy projects, to finance an programme of 5,000 photovoltaic poultry shelters. Launched at the end of 2018, NOVAFRANCE Energy specialises in agrivoltaics to design agricultural solutions for animal welfare by producing renewable electricity. The investment programme will look to deploy €50 million over the next few years for a potential photovoltaic capacity of 300 Megawatts peak[1] (MWp).   The funding is being provided by Tikehau Capital’s Green Assets strategy, one of its impact private equity strategies, which finances, builds and operates

Collingwood Lighting Group (UK) (Collingwood), a platform company of Ambienta SGR (Ambienta), one of Europe’s largest asset managers entirely focused on environmental sustainability, has completed its acquisition of Nobile Italia (Nobile). Nobile, founded in 1966 and headquartered in Rome, is a leading Italian designer, manufacturer and distributor of LED luminaires focused on the Italian wholesale and export markets. Nobile is positioned at the premium end of the market, has excellent service levels, well established customer relationships, strong R&D capabilities and is a market leader in LED strip. The business is led by Fulvio Nobile (CEO, Owner) and Davide Jurisic (General