Encompass Corporation, a provider of automated Know Your Customer (KYC) solutions, has raised approximately USD33 million (GBP25 million) in a funding round led by Australian investment management company Perennial Partners. Financial services focused principal investing firm Serendipity Capital, Seven Seat Capital, and FinTech investment firm Microequities Asset Management also participated in the round. There were also follow-on investments from several existing shareholders, including Alan McIntyre, former Global Head of Banking Services at Accenture, and Tim Frost, ex-Chairman of IHS Markit, as well as experienced technology investor Ray Scott. Encompass’ capital raise will be used to accelerate its growth globally, which

Sentinel Capital Partners, a private equity firm that invests in promising lower mid-market companies, has recapitalised TriMech, a provider of 3D engineering design and additive manufacturing software, services, and solutions.  Terms of the deal have not been disclosed. Headquartered in Richmond, Virginia, TriMech is a provider of computer-aided design and engineering software, additive and subtractive manufacturing solutions, and associated training, consulting, implementation, and staff augmentation services to customers across a variety of industries. TriMech partners with leading software and hardware providers, including Dassault Systèmes and Stratasys, throughout the central and eastern United States and Canada, and delivers expert technical support

AYOXXA Biosystems, a specialist in the development of multiplex protein analysis assays for drug discovery and translational research, has closed a funding round led by Prosnav Capital, who will provide AYOXXA access to the Asian market with a broad regional network.  Besides Prosnav, a group of existing shareholders participated in the financing. The funds will be used to drive the global commercialisation of AYOXXA’s LUNARIS platform. The platform is designed to generate high-quality proteomics data using smallest-volume samples. It enables fully scalable quantitative validation of disease-relevant biomarkers and allows for translational research from laboratory to clinic, from mouse model to

New Mountain Capital, a growth-oriented investment firm with over USD35 billion in assets under management, and Endicott Capital, an investment fund focused exclusively on the information services sector, have closed on the the acquisition of 3E from Verisk.  New Mountain will serve as the control investor. For more than 30 years, 3E has provided its clients with the necessary expertise and content to support their environmental health and safety (EHS) initiatives. The company provides market-leading data and software solutions that increase chemical and workplace safety, strengthen product safety and stewardship, improve supply chain responsibility, and enhance research and development capabilities.

Gen II Fund Services (Gen II), an independent fund administrator in the alternative investment space, has acquired Update Capital, a specialist in investment management technology solutions for the real estate asset class.  Terms of the transaction have not been disclosed. Founded by Ran Kohavi and Itamar David, Vancouver-based Update Capital provides an automated, cloud-based solution for real estate sponsors to manage their assets, engage their investors, and connect with new prospects. The product offers asset-level data as well as financial and transactional data providing visibility to both the manager and investors. Ran Kohavi, Co-Founder and CEO of Update Capital, will

CN Group, a managed IT, cloud and digital transformation specialist, has acquired application and analytics business, Public View, following last year’s purchase of analytics, data and automation specialists, Cloud2. UK-based cloud application company, Public View, is at the forefront of providing performance monitoring and benchmarking services to the NHS underpinned by Microsoft, .Net, and Azure Cloud Platform. Public View promptly collates data from hundreds of public data sources automatically and combines them into a single intuitive portal for NHS leaders. Public View subscribers can instantly identify areas that are high performing, progressing well, or a cause for concern.

Arrowpoint Advisory’s TMT team has advised Inviqa – A UK-based, independent digital experience agency – on its acquisition by Havas Group in a substantial, eight-figure deal.  Inviqa, which comprises more than 150 employees across eight offices, will be integrated into Havas Creative’s dedicated customer experience network, Havas CX, to significantly expand its specialism, scale, and capabilities in experience design, software engineering, technology consulting, and ecommerce.   As part of Havas CX, Inviqa will merge with Havas’ existing UK-based digital experience agency, ekino London. The combined company, which will be headquartered out of Havas’ UK Village in London’s King’s Cross, will

Apollo Insurance Solutions, a leading Canadian digital insurance provider, has closed a Series B financing round led by Definity Financial Corporation.  Definity has strong digital insurance experience expertise through Sonnet, Canada’s first fully online personal insurance offering, and Vyne, Definity’s broker digital platform.  The strategic partnership includes a distribution relationship between Definity Financial’s affiliate Definity Insurance Company and APOLLO, and an agreement by Definity Financial to complete an initial minority equity investment. APOLLO launched in 2019, and announced the close of a Series A financing round of CAD13.5 million in January 2021, led by Gravitas Securities.

AiFi, a flexible AI platform that enables retailers to affordably deploy and scale autonomous shopping solutions, has secured USD65 million in a Series B funding round with participation from ALDI South Group, Żabka Group, REWE, Verizon Ventures, and Qualcomm Ventures, among others.  This round, which brings AiFi’s total funding to USD80 million, will primarily be used to expand the company’s technical team to cater to the surging demand for AiFi’s solution. The retail partners and investors that participated in this round include Verizon Ventures, Qualcomm Ventures, HP Tech Ventures, Mithril Capital, ALDI South Group, Żabka Group, and REWE.

Private investment firm Auxo Investment Partners has acquired Golden State Assembly (GSA), a vertically integrated, complete lifecycle wire/cable assembly and harness manufacturer headquartered in Fremont, California.  GSA founders Cesar and Yesenia Madrueno will retain a significant interest in the company and will remain in their operating roles.   Founded in 2007, GSA primarily designs and assembles wire harnesses and cable assemblies for a variety of customers in the automotive, aerospace, industrial equipment, medical device, electronics, specialty vehicle, and energy industries that range from Fortune 50 companies to small and medium-sized organisations.  GSA also provides value-add manufacturing services such as kitting,