Integrum, an investment firm focused on partnering with technology-enabled services companies, is to acquire MerchantE (ME), an end-to-end payment platform offering flexible and secure payment processing, from Cielo, one of the world’s largest payments companies. Headquartered in Alpharetta, Georgia, MerchantE is a leading payments and commerce solutions provider serving the complex needs of mid-market B2B customers. The Company is a full-stack payments platform with front and back-end processing capabilities and direct connectivity to the major card brands. ME processes over USD17 billion in payments volume across 13,000 merchants, making it a ‘Top 25’ provider of payment processing in the US.

Circularity Capital has continued to build its portfolio of European growth stage businesses enabling the circular economy with a growth capital investment in Cocogreen, a specialist in the design and manufacture of low-carbon, high-yield coir growth substrate for berries, salads, citrus fruit and avocados. The company’s products are manufactured using a by-product of the global coconut industry, which is refined using proprietary product and process technologies.  Circularity Capital’s investment will see the growth equity specialist play a driving role in supporting the management team, as Cocogreen further accelerates its international expansion and the replacement of incumbent carbon-intensive products. David Mowat,

Tailwind Capital (Tailwind), a growth-oriented private equity firm investing in targeted sectors within industrials and business services has completed a partnership investment in Axis Portable Air (Axis). Axis provides portable climate control solutions – including spot coolers, heaters, dehumidifiers, and air quality equipment – to support customers facing emergency and temporary challenges.  In connection with Tailwind’s investment, Axis launched the Team Ownership Program (TOP), an equity participation programme in which every Axis employee will receive shares in the Company, providing them with the opportunity to participate in and benefit from Axis’ continued growth, and strengthening Axis’ culture of ownership. Terms

SFW Capital Partners (SFW) today announced that it has completed a majority recapitalisation of RDI Technologies (RDI), a provider of vision-based analytical solutions used for predictive maintenance and test & measurement applications across a diverse set of industries, including aerospace and defence, power generation, industrial manufacturing, metals and mining, and information technology. Company founder and CEO Dr Jeff Hay, President Bob Wilson, and COO Jenna Johns, are all reinvesting alongside SFW to retain a significant equity stake in RDI. Founded in 2015, RDI is best known for its patented technology, which includes proprietary video and image processing algorithms, that enables

Sólides, a Brazil-based  HRTech for small and medium-sized companies, has secured USD100 million in a Series B round led by Warburg Pincus. This is one of the largest capital raises by a technology company focused on human resources management in Latin America to-date. This is the second round of investments by Sólides. The first round – of BRL14 million – was carried out by DGF Investimentos in 2019 and paved the way for the company to compete for leadership in the national market.

Social and Sustainable Capital (SASC) has expanded its senior team with the appointment of experienced finance professional, Simon Sotomey as Chief Financial Officer to lead the finance and operations functions which were merged last year. Sotomey joined SASC in July 2021 as interim CFO and has now taken on the role permanently. He has substantial experience within financial services and has held senior positions spanning finance, operations, compliance and regulation.   Prior to joining SASC, Sotomey was Chief Financial Operating Officer at Hanson Asset Management holding Senior Management Functions including the Executive Director Function (SMF3), Compliance Oversight Function (SMF16) and

MindFi, an Asia-based corporate mental health and wellness platform, has closed an oversubscribed USD2 million seed funding round that saw participation from existing investor M Venture Partners and Global Founders Capital fund, a backer of Canva and Slack. Carousell co-founder Marcus Tan, Carro executive Kenji Narushima and Spin co-founder Derrick Ko also joined the round, among other prominent angel investors in US and Asia. The fresh funding allows MindFi to accelerate its AI-driven product development, localise in key markets, and further pursue its vision of “culturally competent” wellness in a region where cultural values such as interpersonal harmony, loss of

Flow, a provider of private market software solutions, has closed a USD20 million Series A round led by SVB Financial Group, the parent company of Silicon Valley Bank. Frontier Ventures, GFR Fund, HOF Capital, L’Attitude Ventures, WOCstar Fund, Mantis VC and several other investors also participated in the oversubscribed round. Flow simplifies fund formation and management with its transformative infrastructure software, which provides a platform for unrivaled insights, transparency and dialogue between fund managers and the broad ecosystem of investors, law firms, fund administrators, banks, and accounting firms. With more than USD5 billion in assets managed on the platform, Flow’s

CVC Credit has provided unitranche debt facilities to support the growth strategy of German pet food business AlphaPet. CVC will support the ongoing organic and acquisitive growth of the business, including the recent acquisition of Arden Grange, a UK-based premium pet food brand, through the provision of a term loan as well as a committed acquisition facility.    Established in2016, AlphaPet has grown rapidly through both organic growth and scaled via acquisition. The addition of Arden Grange greatly complements the existing brands and expands the business’s footprint into new geographies.

Funds managed by Ares Management Corporation’s Alternative Credit strategy and Real Estate Group have acquired Capital Automotive (CARS) from a Brookfield private real estate fund for USD3.8 billion. CARS is a self-managed real estate company that provides highly tailored, sale-leaseback capital to automotive dealers in the US and Canada to support them in acquiring new locations and upgrading facilities. The company owns a diversified portfolio of over 250 high-quality, operationally essential real estate assets that are structured as long-term triple net leases.   Ares’ dedicated net lease investment team brings deep industry experience combined with an integrated operating platform. The