Deals
Genstar Capital portfolio company Foreside Financial Group, LLC (Foreside), a provider of governance, risk management, and compliance (GRC) solutions and technology offerings to clients in the global asset management industry, has acquired Alaric Compliance Services, a specialist in regulatory and compliance services.
Founded in 2004, Alaric Compliance Services partners with a diversified and well-known client base, including private credit, private real estate and other alternative asset managers, advisors, broker-dealers, private fund managers, open and closed end funds, BDCs, CLOs, and more.
Transatlantic venture capital firm Beringea has led a USD10 million Series A funding round in Learnerbly, an SaaS-enabled marketplace for workplace learning and development.
Main Post Partners, a private equity investment firm with deep experience partnering with iconic brands and multi-location foodservice platforms, has a made a growth investment in Krispy Krunchy Chicken.
With 2,600 retail locations in 48 states, the company is one of the largest branded convenience store foodservice programmes in the United States.
Financial terms of the transaction have not been disclosed.
Eurazeo, with support from Sapphire, has led a USD44 million Series B growth funding round in secret detection platform specialist GitGuardian.
Existing investors including Balderton, BPI and Fly Ventures also participated.
HypnoVR, a market leader in the field of digital therapies to manage pain and stress, today announces that it has raised EUR4.5 million (USD5.1 million) in a Series A funding round.
This fundraising involved several newcomers, including lead investor Theodorus (Belgium), the Banque des Territoires (France) operating for the French state as part of the Investments for the Future Programme (Programme d’investissements d’avenir, PIA), Akiles (Belgium) and Capital Grand Est via Alsace Création (France).
They were joined by some of the company’s previous investors, including Guillaume Richard, founder and CEO of OuiCare (French market leader in home care services), and
Onex Corporation’s USD7.2 billion Onex Partners V fund is to acquire to acquire Tes Global (Tes), an education technology services provider, from Providence Equity Partners (Providence), a premier private equity firm that specialises in growth-oriented investments in media, communications, education and technology.
Financial terms of the deal, which will see the TES management team also invest alongside Onex, have not been disclosed.
The transaction is anticipated to close in the first quarter of 2022, and will see Onex Partners V approximately 78 per cent invested.
Advent France Biotechnology (AFB), an AMF-regulated investment company dedicated to life sciences, is changing its company name to AdBio partners.
The name change reflects the company’s expansion beyond France with UK-based partner Advent Life Sciences.
AdBio Partners held the first close of its second fund at EUR86 million (USD102 million) in September 2021. This fund will be used to create, develop and finance European life sciences start-ups, with the goal of selecting and financing two before the end of 2021. second fund is larger than the first seed fund launched in 2017, which closed at EUR68 million.
Active Partners has invested GBP10 million in a Series A funding round for Facetheory, a direct-to-consumer clean skincare brand based in South Yorkshire.
The investment will be used to fuel growth in key markets, recruit best-in-class talent, and invest in product research and development. The investment team at Active Partners was led by Jason Mahendran and Janice Cargo, who will also be joining the Facetheory board.
UK based FinTech group, SPG, the owner and operator of Shieldpay and Paycast, has raised USD34 million (GBP25 million pounds) in a Series A round that includes strategic funding from Mastercard and Marqeta.
Other significant Investors in SPG include Elliott Management, CreditEase and Techstars.
To date SPG has processed over USD3 billion dollars of payments for its clients and experienced a surge in business during the pandemic that saw revenues grow by over 360 per cent in the last year.
Red Arts Capital (Red Arts), a middle-market, sector-focused private equity investment firm, has sold RAC MME Holdings, LLC to Knight-Swift Transportation Holdings, Inc for USD150 million in cash.
Red Arts Capital partnered with Prudential Capital Partners, Brightwood Capital Advisors, LLC and several family offices in 2019 to acquire MME, Inc from the Roswick and Greenstein families, who founded the Company in North Dakota in 1918. Legacy family ownership moved outside to elect Marlin Kling to his current leadership role as President in 2006, and he remained in his role after the Red Arts-led acquisition.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
