IsoTruss, an engineering, design, and manufacturing services provider, has raised USD4.5 million in a Series A funding round led by the SG Koenig Trust. The funds will be used to scale up operations and accelerate production of patented IsoTrust carbon fibre cell towers in support of 5G rollout by telecom infrastructure providers. 5G is forecast to cover approximately 60 per cent of the world’s population in 2026. The fundraising follows a USD3 million seed investment round led by the Sojitz Corporation of Japan in October 2020.

ConnectionPoint Systems Inc, a platform for collaborative funding, has raised USD1.5 million for the launch of CoCoPay, the first community-centric healthcare payment solution that tackles the issue of quality care affordability. CoCoPay helps healthcare providers mitigate this by enabling a patient’s community of friends and family to contribute toward the cost of the medical bill. Healthcare providers add CoCoPay as a supported payment option and all funds raised from the community are paid directly to them for full accountability.

Motive Partners (Motive), a specialist private equity firm focused on growth equity and buyout investments in software and information services companies that serve the financial services industry, has agreed, along with other shareholders, for JP Morgan to acquire Motive Capital Fund 1 portfolio company, Global Shares, subject to regulatory approvals and customary closing conditions. Motive Partners invested in Global Shares in July 2018, acquiring a c40 per cnt shareholding in the business for cUSD25 million.

ICV Partners, an investment firm focused on lower middle market companies in business services, consumer goods & services, food & beverage, and healthcare, has acquired Urgent Care Group (UCG) and its combination with portfolio company Total Access Urgent Care (TAUC). Founded in 2017 by Chief Executive Officer David Maloney, Urgent Care Group serves communities through 24 locations and three brands in Wilmington, NC, the Greater Atlanta area, and throughout South Carolina.  The combined organisation will operate more than 50 clinics in four states as Total Access Urgent Care in Missouri; Medac Urgent Care in North Carolina, MEDcare Urgent Care in

Cairngorm Capital Partners portfolio company, Verso Wealth Management (Verso), has acquired CDC Wealth Management Limited (CDC). This acquisition continues Verso’s strategy to build a market leading, national wealth management group. Founded in 2006, CDC is a wealth management company serving private individuals, families, trusts and companies across the UK. With an office in Sunderland, CDC combines financial advice and planning, with discretionary investment management, to provide a comprehensive wealth management service. With a team of 10 advisors, investment professionals and support staff, CDC provides advice on assets exceeding GBP150 million, as at Q4 2021. The addition of CDC to the

The InsuResilience Investment Fund (IIF) managed by impact investment manager BlueOrchard Finance (BlueOrchard) has acquired a stake in Vanguard Assurance Limited (Vanguard), a general and micro-insurance group operating in Ghana. IIF is set up on behalf of the German government by KfW. IIF has acquired 40 per cent of the company and will appoint directors to the Vanguard board to assist the company in driving its market expansion, rolling out its micro-insurance distribution capabilities, and further enhancing governance. Through the IIF Technical Assistance Facility, it will support Vanguard in developing new products and raising market awareness for climate risk mitigation.

Cross-Fire & Security Co (Cross-Fire), a full-service life safety company specialising in the design, engineering, installation, maintenance, monitoring and servicing of state-of-the-art fire and life safety systems and portfolio company of AE Industrial Partners, has acquired Adcock’s Systems (Adcock), a full-service fire alarm, electrical and sprinkler contractor operating in the Washington, DC area. Terms of the transaction have not been disclosed.   Adcock marks the third add-on acquisition completed by Cross-Fire, a fire and life safety services platform established by AE Industrial Partners (“AEI”) in May 2021. The Cross-Fire team is actively seeking additional acquisitions to expand its capabilities and

Macquarie Asset Management, the asset management division of Macquarie Group, has completed its acquisition of Central Park Group, an independent investment advisory firm that specialises in institutional-quality alternative investment strategies for high-net-worth investors. Central Park Group is a pioneer in providing financial advisors and their clients access to top private equity, hedge fund, and real estate talent and strategies in structures specifically designed to meet the needs of high-net-worth and smaller institutional investors. Central Park Group will form the cornerstone of Macquarie’s efforts to serve US high-net-worth investor demand for alternative investments.

European special situations manager Warwick Capital Partners has backed the launch of private rented sector business Eden Living, which will focus on letting newly built housing in South Wales and Southwest England. The business will offer two-to-four-bedroom single-family homes in suburban areas. Developments will be located close in proximity to schools, amenities, services, and transport links, with the broader aim of creating local communities.   Eden Living has partnered with Edenstone Homes, a leading regional homebuilder, to acquire 400 single-family homes for which Edenstone will provide a ‘ready to move in’ fit and finish.    Eden Living has secured equity

Palladius Capital Management (Palladius), a new vertically integrated private equity real estate investment manager focused on pursuing multifamily, student housing, hospitality and select thematic investment strategies, has raised USD15 million in a Series A round. Investors include a portfolio company of Charlesbank Capital Partner; Timothy Dunn, Chairman of JE Dunn; Robert Yallen, CEO of the InterMedia Group of Companies; Shaun Arora, Cofounder of VC firm MiLA Capital; and Max Cutler, Parcast Founder and Spotify executive.  Palladius is led by a diverse, close-knit team of commercial real estate, finance and technology veterans including CEO Nitin Chexal and Senior Managing Directors Manish Shah,