Deals
FSN Capital VI is to invest in OptiGroup and Hygas to create a major player in the business-to-business (B2B) distribution market. Existing shareholders and the management team will retain minority stakes in the combined group.
The investment in OptiGroup and Hygas, which will have combined revenues of around EUR1.3 billion and EBITDA in excess of EUR100 million, is in line with FSN Capital’s approach to transform companies and make them more international, sustainable and competitive.
Headquartered in Mölndal, Sweden, OptiGroup is a leading Northern European B2B distributor with a broad product offering in Facility, Safety & Foodservice, Packaging Solutions, and
FNZ, a global wealth management platform, has completed the sale of financial technology provider GBST to Anchorage Capital Partners, a global private equity fund with extensive financial services and systems experience.
Anchorage Capital Partners’ investment is focussed on GBST’s Wealth Management division and is committed to supporting GBST’s experienced management team in executing its growth strategy and delivering market leading solutions to clients. This includes support for continued investment and the rollout of the technology transformation of GBST’s market leading platform solution Composer to current and prospective clients.
Following the transaction, FNZ will reacquire GBST’s capital markets division including
FFL Partners (FFL), a private equity firm focused on growth investments in middle market companies, and Two Sigma Impact, the impact investing business of Two Sigma, have acquired opioid treatment programme provider Community Medical Services (CMS).
Financial terms of the private transaction have not been disclosed.
Headquartered in Scottsdale, Arizona, CMS operates more than 45 clinics in nine states that provide high-efficacy opioid use disorder (OUD) treatment, while reducing the stigma associated with it.
Cogsy, a real-time operational intelligence and supply chain management platform for SME e-commerce merchants, has raised a USD6 million seed round led by Accel with participation from Bain Capital Ventures, WooCommerce (Automattic), Sugar Capital, and RiverPark Ventures.
Angel investors including Casey Armstrong (CMO, ShipBob), Jay Myers (co-founder, Bold Commerce), Brian Long (co-founder and CEO, Attentive), Tomer Tagrin and Omri Cohen (co-founders, Yotpo) also participated in the round.
The investment will be used to make key hires at all levels across functions and geographies, as Cogsy is a fully distributed team. The funding will allow Cogsy to build on the platform’s
Clessidra Private Equity SGR has finalised an agreement for the acquisition of a majority stake in Formula Impresoft, a technology hub in the Italian software and services market, from Xenon Private Equity VII SCA SICAV RAIF.
The top management of Impresoft Group, composed largely of the founders, will keep a significant stake in the company.
The investment in Impresoft Group marks the third transaction of Clessidra Capital Partners 4 fund, whose first closing took place last June. Italmobiliare will participate in the transaction as a co-investor.
Healthcare investor BPOC has made a strategic investment in Alliance Physical Therapy Partners (Alliance), a provider of physical therapy services across the US.
Alliance is a national physical therapy operator offering outpatient physical therapy across a network of 90-plus clinics in 14 states. In addition to traditional physical therapy, Alliance offers virtual physical therapy, a workplace therapy solution, in-hospital services, and a comprehensive electronic medical record platform.
Financial terms of the transactions, which will see BPOC partner with the existing management team, led by Richard Leaver, have not been disclosed.
Project Admission, a technology company specialising in ticketing technologies, has closed a seed funding round led by global venture investment firm, Anthemis Group with participation from Flyover Capital.
With this funding, Project Admission plans to expand operations to meet the growing needs of the rapidly evolving digitally-driven ticketing ecosystem. Anthemis has a passion for emerging technology and strategically invests in tech-driven companies who serve as thought-leaders and change-agents in the world of finance. With more than USD9 million in funding to date, this latest round helps to further Project Admission’s mission to create unique monetising features and opportunities around the
Pemberton, a European private debt manager, is to provide a refinancing package to support growth trajectory of PLIXXENT, a German headquartered polyurethane systems business.
The firm was carved out from listed business Covestro AG in 2019, and is now majority owned by alternative investment firm HIG Capital.
Following two acquisitions, PLIXXENT now has six production sites across Europe and its polyurethane systems are used in both, flexible and rigid foam applications across a variety of industries including energy, insulation, footwear, appliances, construction, furniture and transportation.
An affiliate of Peak Rock Capital (Peak Rock), a middle-market private investment firm, has completed the acquisition of Xenon arc Inc, in partnership with the company’s management team.
Xenon arc is a technology-enabled provider of managed services to food & beverage, industrial, and chemical producer clients. The Company manages its clients’ long tails of thousands of SMB customers collectively through its service offering including technical sales, support, technology and distribution services. Headquartered in Bellevue, Washington, with operations across the United States, Europe and South America, the Company has built a strong reputation in the industry for exceptional service, technical capabilities
Paylend, a Kenyan FinTech startup focused on providing access to finance and digitising MSMEs in Kenya, has raised USD2 million in seed investment from Next Chymia Consulting HK Limited, an Asian based company that provides blockchain applications, consultancy services and training to global entities.
Founded in September 2019, Paylend has digitised over 10,000 SMEs and growing with its users enjoying an array of services including access to credit for products and services and crowdfunding tools.
Paylend is an Adanian Labs startup, a Pan African smart technologies venture studio with a mission to build, nurture and scale 300 impact driven tech
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
