Deals
Fly Now Pay Later, a British fintech company offering consumers globally an alternative and more flexible way to finance travel, has closed a USD75 million debt funding package provided by funds managed by Atalaya Capital Management to support expansion into the United States – the largest travel market in the world.
As part of the funding package, the New-York headquartered financier has also provided an equity investment into the business.
Building on GBP45 million of new investment made in the previous two equity funding rounds, the alternative payments provider launched in 2015 by Jasper Dykes, has now raised a total of
TMF Group, a provider of global administrative services, has completed the acquisition of Paraty Capital, a Brazilian fund administration platform which focuses on private equity, infrastructure, venture capital and private debt funds.
TA Associates, a global growth private equity firm, and LEA Partners, a technology focused private equity firm, are to merge Enscape, a developer of real-time rendering and design workflow technology for the Architecture, Engineering and Construction (AEC) industries, and Chaos, a specialist in photorealistic rendering technology.
The merger will establish a specialist in the 3D visualisation and design workflow software sectors, with a focus on the AEC, Visual Effects (VFX) and Product Design verticals.
Peter Mitev, CEO and co-founder of Chaos, and Christian Lang, CEO of Enscape, will share the title of co-CEO for the new company. Vladimir Koylazov,
Sky Peak Capital (Sky Peak), a founder-focused, operationally-driven private equity firm, has acquired Jarvis Machine (Jarvis), a supplier of precision machining services to the industrial, defence, photonics, firearms and pneumatics industries.
After making a strategic growth investment in February 2021, Sky Peak recently exercised its option to purchase the entirety of Jarvis, delivering value to the founder, Duane Jarvis, as well as certainty and commitment to Jarvis’ employees, customers and broader stakeholders. While Sky Peak will primarily target control transactions, its flexible mandate provides the ability to structure creative capital solutions.
Founded in 2009, Jarvis is a leading supplier of
Private equity firm OpenGate Capital’s portfolio company, SMAC, a French provider of waterproofing and building envelope solutions, has completed the full exit of its manufacturing division, Industrie, with the sale of its Resins business unit to MAPEI, an Italian leader in the production of adhesives and chemical products for the building industry.
The Resins business unit includes resin manufacturer, Resipoly and Services, and installation specialist, Eurosyntec. Terms of the agreement were not disclosed.
This latest disposal completes SMAC´s exit from its manufacturing division, in line with its strategy to refocus on its core works business (Travaux), which is centred on
ChargeNet, a software platform start-up that integrates electric vehicle (EV) fast chargers, energy storage and solar power with a payment system, has closed a USD6.2 million seed financing round led by Aligned Climate Capital.
mPulse Mobile, a specialist in conversational AI and digital engagement solutions for the healthcare industry, has acquired HealthCrowd, a communications platform-as-a-service innovator focused primarily on the Medicaid market.
mPulse has also secured a growth investment from PSG, a growth equity firm partnering with middle-market software and technology-enabled services companies.
The acquisition comes at a time when healthcare organisations need innovative solutions to engage consumers as the pandemic spurs a dramatic adoption of virtual health. Health plans and providers are adapting to a significant shift towards consumer experience as a measure of performance. By joining two innovative organisations with deep
Praetura Group (Praetura), a North West UK-based debt and equity capital provider to small and medium sized businesses, has reported a record GBP253 million year as demand for its equity and debt services continues to grow.
The Group’s lending division, which comprises Praetura Asset Finance, Praetura Commercial Finance, Praetura Invoice Finance and Kingsway Finance, finished the previous year on a GBP123 million loanbook. However, over 2021 the group grew its collective loanbook to more than GBP200 million, marking its highest lending levels since it was founded in 2011 and a 62 per cent increase from 2020.
Through its lending
Golub Capital has announced record originations for both the fourth quarter of 2021 and the full year. The Firm closed over USD15 billion in commitments during the fourth quarter and over USD36 billion in commitments for all of 2021.
Over 90 per cent of new loans were to companies controlled by private equity firms Golub Capital has previously worked with.
The firm also led or co-led a record 38 “mega one-stops” (unitranches above USD500 million) in 2021, more than half of all mega one-stop deals completed during the period
Strong credit results, reflected in a default rate of approximately 0.16
HungryPanda, a Asian food delivery company, has acquired Australian food delivery platform EASI and New Zealand Asian food delivery platform BUY@HOME.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
