Vestiaire Collective, a global online marketplace for desirable pre-loved fashion, has acquired Tradesy, a US specialist in the fashion resale industry. Financial terms of the deal have not been disclosed. Vestiaire Collective and Tradesy were both founded in 2009 by women entrepreneurs committed to transforming the fashion industry towards a more sustainable future.  By joining forces, Vestiaire Collective and Tradesy significantly increase the size and reach of their peer-to-peer marketplaces, to the direct benefit of their sellers and buyers. The combined company will boast a membership community of 23 million, a catalogue of five million items and a Gross Merchandise

TA Associates (TA), a global growth private equity firm, is to make a significant growth investment in Veracode, a global provider of application security solutions. Veracode’s current majority investor, softwares investment firm Thoma Bravo, will retain a minority position in the business. The transaction, which values Veracode at USD2.5 billion, is expected to be completed in Q2 2022, subject to customary closing conditions. An eight-time leader in the Gartner Magic Quadrant for Application Security Testing, Veracode offers a comprehensive software security platform that empowers organizations to deliver secure software at scale and with unmatched speed.

New Era ADR, a technology company focused on the USD250 billion litigation and dispute resolution industry, has closed an oversubscribed USD4.6 million seed funding round. The financing is led by New York and Boston-based Nextview Ventures with participation from Jump Capital.  The company’s original pre-seed investors, Motivate Ventures and Alumni Ventures, also participated in this round along with entrepreneurs and investors David Kalt, Sean Chou, Pete Kadens, and Lon Chow. This latest round of financing brings the company’s total funding to USD6.3 million – all of it raised in the past year.

Mayfair Capital Partners (Mayfair), a division of Oxford Financial Group (Oxford), on behalf of its underlying investors, has acquired Tile Redi Holdings (Tile Redi). Terms of the investment, which closed on 28 February, 2022, have not been disclosed. Headquartered in Charlotte, North Carolina, Tile Redi manufactures highly-engineered, patented shower product solutions. The Company is a market leader in one-piece, customisable shower pans that are leak-proof, easy to install and UL certified.  Oxford’s Mayfair division has a history of investing in high-growth, market-leading companies with the goal of providing growth capital and strategic support in order to enable businesses to broaden

Cosmetic Solutions (Cosmetic Solutions), an innovation partner for turnkey private label skin care, custom formulation, and contract manufacturing, has acquired New Mexico-based Private Label Select (PLS), an organic cosmetics and personal care manufacturer. PLS President Micah Halpert brings his organic and natural product development expertise to his new role as Vice President of Business Development for Cosmetic Solutions. Financial terms of the transaction, which sees funds managed by Lee Equity Partners invest in Cosmetic Solutions, have not been disclosed.  Private Label Select specialises in product development for skincare, lip balms, salves, sunscreens and SPF products, lip tints and glosses, and

IMB Partners (IMB), a middle market private equity firm specialising in utility and government agency services, has agreed to make a strategic investment in Carr & Duff (C&D), a southeastern Pennsylvania corporation providing specialty electrical construction services. Financial details of the transaction have not been disclosed. IMB and its principals have invested over USD800 million of capital in over 30 platform and add-on investments, setting itself apart through its differentiated value creation process and emphasis on valuing partnership and people first. The company has experience in the Philadelphia utility services market through its partnership with project and construction management company

EQT AB is to acquire Baring Private Equity Asia (BPEA), a private markets investment firm in Asia with EUR17.7 billion of assets under management (AUM). The total consideration for the the transaction is EUR8.6 billion, consisting of USD191.2 million new ordinary EQT shares, valued at EUR5.3 billion, plus EUR1.5 billion in cash The combination with BPEA, a Pan-Asian private markets firm, provides a step-change to EQT’s presence in Asia, and ideally positions EQT to execute on the structural growth opportunity in Asian private markets. Following the combination, EQT will be local-with-locals in 25 countries, representing ~80 per cent of global

ConsenSys has closed a USD450 million financing round, bringing its valuation to over USD7 billion. ParaFi Capital led this raise after participating in ConsenSys’ Series C round in November 2021. New investors, including Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures also participated, along with Series C investors Third Point, Marshall Wace, TRUE Capital Management, and UTA VC, United Talent Agency’s venture fund.  Sullivan & Cromwell LLP acted as ConsenSys’ legal advisor in this transaction. ConsenSys has been a pioneer in creating the foundational software for the next wave of the internet, Web3. All Proceeds

capital D, a private equity fund manager investing in disruptive mid-market businesses across Europe, has acquired a majority stake in Phrasee, an AI-powered SaaS platform that revolutionises customer communication through brand language optimisation. Investment Funds managed by Morgan Stanley Expansion Capital, together with a group formed by Keyhaven Capital Partners and family offices co-invested alongside capital D.   The capital D consortium have acquired a 64 per cent stake in Phrasee with the founders and management holding the remainder.   Founded in 2015, London-based Phrasee is disrupting the traditional role of the human copywriter/marketer using data science and a powerful

Global private equity firm Advent International has acquired a minority stake in Medius, a provider of source to pay solutions. Following the deal, Marlin Equity Partners remains Medius’ majority shareholder.  The terms of the transaction, which sees Douglas Hallstrom, Director at Advent join the Medius board, have not been disclosed.