Jio Health, a provider of human-centred, technology-powered healthcare, has completed a USD20 million Series B investment led by Singapore-based healthcare investor, Heritas Capital. Other investors in the round include Fuchsia Venture Capital (CVC of Muang Thai Group Holdings), Kasikorn Bank Group, and existing investor, Monk’s Hill Ventures. The Series B investment in Jio Health will extend its clinical service offering to more consumers and employers, support the launch of additional Smart Clinics in existing and new geographies, expand provider and clinical support teams, and further advance technology platform innovation.

An award-winning entrepreneur has raised a further GBP1.3m for her software platform which helps companies manage complex rebate and price incentive schemes. It is the third funding round for e-bate founder Leanne Bonner-Cooke MBE, and comes from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund, Mercia’s EIS Funds, and angel investors.   Rebates and commissions are commonly used in industries such as pharmaceuticals, manufacturing, consumer goods and construction. e-bate, which is based in Leicester, allows companies to overcome the complexities involved in managing such schemes by

Newfold Digital, a web and commerce technology company backed by Clearlake Capital Group, and Siris Capital Group, is to acquire Deluxe’s Australia web hosting business, Hostopia Australia.  The transaction is expected to close in the second quarter of 2022 subject to the satisfaction of customary closing conditions. The Deluxe Australia web hosting business serves more than 50,000 small business customers and hosts 250,000 websites. 

Investcorp, a global alternative investment firm, has acquired S&S Truck Parts (S&S), an independent distributor of private label and branded aftermarket truck parts. Terms of the transaction have not been disclosed.   Founded in Chicago in 1952, S&S has a long history of providing high-quality, engineered aftermarket truck parts. Today, S&S serves over 1,600 customers including Original Equipment Manufacturers (OEMs), OE dealerships, independent warehouse distributors and service shops primarily across North America.     The partnership will focus on continuing S&S’s organic growth through new product introductions and geographic expansion across North America while seeking to complete strategic, add-on acquisitions.

Blue Horizon, a pure play impact investor in the future of food, has made a seed investment in a sustainable ingredients company producing protein from carbon dioxide. Arkeon Biotechnologies is an ingredients company based in Vienna, Austria, leveraging the power of ancient microbes to create the most sustainable, nutritious, and ethical food system possible. Arkeon’s proprietary technology allows the company to convert CO2 directly into all 20 amino acids that are essential for the human diet, enabling an entirely new world of food products. The company’s technological foundations have been built over a decade of research by co-founders Dr Simon

BGF has exited its investment in long-term portfolio company, Abacus Software Ltd. The London-based SaaS subscription management platform has been acquired by Naviga Inc.   Abacus is a content and subscription management software provider with unique proprietary Customer Data Platform (CDP) and Digital eXperience Platform (DXP) offerings. The London-based business helps brands and communities in the publishing and membership organisation sectors improve revenue and engagement with personalised digital experiences and offers.   BGF backed Abacus in 2013, and has over the last nine years, provided close to GBP4 million of growth capital. During this time, BGF’s investment has enabled the

The Off Grid Electricity Fund (OGEF), a renewable energy access fund for Haiti supported by the World Bank, has provided a loan to Solengy Haiti (Solengy) to support its expansion plans outside of Port-au-Prince. The OGEF was launched by the Haitian Government in 2019 with the aim of providing electricity to 200,000 households and SMEs in Haiti within 10 years.    Solengy was set up in Haiti in 2007, to supply solar solutions to residential, commercial, and industrial customers. In 2019, Solengy launched its lease-to-own program to increase accessibility to households and businesses that cannot afford the upfront capital cost

NMS Capital (NMS) has partnered with Company management in the recapitalisation of LDR Site Services and its related family of waste hauling operations (LDR). Terms of the transaction have not been disclosed. Headquartered in Atlanta, GA, LDR is an asset-light provider of equipment rental and related waste hauling services to site-based projects across the US.  LDR services multiple industries with varying needs, including environmental, emergency response, facilities maintenance, retail, government, construction, and other commercial end markets. Through a national network of trusted service providers that LDR has developed over the past decade, the Company is able to solve complex, and

Fortino Capital Partners, a European B2B software investor, has acquired a majority stake in Bonitasoft from former investors including Bpifrance, Auriga Capital, Serena Capital and Ventech. As part of the transaction, Miguel Valdes and Charles Souillard, who founded Bonitasoft in 2009, will reinvest and team up with Fortino Capital during this new phase of growth. Bonitasoft is a leading software company active in the field of Digital Process Automation and Intelligent Business Process Management. Featured on the Gartner iBPM Magic Quadrant (2019) & Forrester DPA Wave (2021), the company is best-known for its widely adopted open-source Business Process Management platform,

Intertape Polymer Group Inc (IPG) is to be acquired by an affiliate of Clearlake Capital Group for CAD40.50 per share in an all-cash transaction valued at approximately USD2.6 billion, including net debt. This represents a premium of approximately 82 per cent to the closing price of IPG common shares on the Toronto Stock Exchange on 7 March, 2022 and approximately 66 per cent to the volume weighted average trading price of IPG common shares on the Toronto Stock Exchange for the preceding 30 trading days.  Upon completion of the transaction, IPG will become a privately held company. The IPG Board