Deals
Vestwell, a fintech engine powering leading workplace savings programmes, is to acquire Sumday, a subsidiary of The Bank of New York Mellon Corporation (BNY Mellon) managing and administers 529 college savings, 529A ABLE, and Secure Choice/Auto-IRA state-sponsored savings programs.
The terms of the deal have not been disclosed.
BNY Mellon will act as the preferred servicing agent for the state programs managed by Vestwell, providing custody, fund accounting, record-keeping services, and where applicable, sub-advisory services through its affiliate Lockwood Advisors, Inc. (an investment adviser registered in the US under the Investment Advisers Act of 1940). Vestwell will continue to play
TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, has completed a significant investment in Keter Environmental Services (Keter), a full-service recycling and waste management company focused on providing first-class sustainable recycling and waste programs.
Financial terms of the transaction have not been disclosed.
Over the past two decades, Keter has grown into a provider of outsourced full-service recycling and waste management services in the United States. Through its high-quality and tech-enabled offerings, the company now helps more than 500 locations across 46 states manage their waste more efficiently and sustainably.
“Partnering with TPG will
The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in Halski Systems, a full-service IT managed services provider (MSP).
The company is an add-on investment to Riverside’s platform, Logically, a leading provider of Managed IT Services.
Founded in 2000 and based in Gainesville, Georgia, Halski offers its customers comprehensive outsourced managed IT, cybersecurity, cloud and telecom services. Halski acts as a trusted partner to help clients create and execute their IT strategy.
“As Logically continues to grow, we strive to partner with the best MSPs that provide an exceptional level of
Mynt, a Philippines-based digital financial solutions provider and the company behind the popular GCash payment services app, has raised over USD300 million in funding, valuing the business at over USD2 billion.
HIG Growth Partners (HIG Growth), the dedicated growth capital investment affiliate of HIG Capital, has participated in a USD202 million Series D funding round for Everlaw, a cloud-native investigation and litigation platform.
HIG Growth invested alongside TPG and existing investors CapitalG, Menlo Ventures, Andreessen Horowitz and K9 Ventures.
Everlaw is used by 91 of the Am Law 200, as well as the attorneys general in all 50 US states. Total cases on Everlaw’s platform have more than doubled since the Company’s Series C raise in March 2020 as the Company signed significant new contracts with corporations and government agencies. During
eEquity AB, a Stockholm-based growth investor focusing on investments in digitally enabled businesses, has sold price comparison website PriceRunner to Klarna, a global retail bank founded in Sweden.
PriceRunner will bring new features in the form of product reviews, rich product discovery and price comparisons to the Klarna app to enhance the shopping, payments and banking experience for consumers globally.
eEquity invested in PriceRunner in early 2020 and Klarna will acquire PriceRunner at a valuation over SEK9 billion, bringing eEquity’s total return on investment to over 15 times. Klarna will pay 40 per cent of the price in cash and
Offen Petroleum (Offen) has completed two separate transactions where it acquired a portfolio of branded motor fuel dealer contracts from Petroleum Management (PM), a motor fuel distributor headquartered in Platteville, Colorado, and certain logistics assets of Pathfinder Transportation (Pathfinder), a distributor of propane in Missouri, Arkansas, and Oklahoma.
Offen is an independent distributor of motor fuels, propane, lubricants, and offers petroleum logistics services in 26 states throughout the Western and Midwestern United States. The business combinations continue to strengthen Offen’s geographic density and product offerings.
Petroleum Management is owned jointly by Bill Scaff and Ed Holloway and is
Waterline Renewal Technologies, a portfolio company of Behrman Capital, has acquired Pipe Lining Supply, a full-service cured-in-place pipe (CIPP) lateral lining and drain, waste and vent (DWV) sewer pipe rehabilitation supplier specialised in best-in-class customer support and training.
Aligned with Waterline Renewal Technologies’ growth strategy, the acquisition will provide Waterline Renewal Technologies with a solid foundation for the continued development of its business in North America. Financial terms of the transaction were not disclosed.
Founded in 2004 by Linda Heisler and later joined by her husband John Heisler, Pipe Lining Supply is a provider of consumables and equipment for
VU Compare, a vehicle finance and insurance comparison site, has secured GBP70,000 in pre-seed capital to support product development and marketing, ahead of its official launch later this year.
Tim Borthwick, Managing Director of VU Compare, says: “VU Compare is such an exciting proposition and one that myself and the team are exceptionally proud of. It promises to be a real market disrupter, offering a much more comprehensive suite of comparison facilities, compared to its nearest competitors.
“We’re thrilled to have raised such a significant amount of capital in a short period, which will make a huge difference as
North West-based corporate finance boutique Rickitt Mitchell has acted as financial advisor to commercial cleaning provider AM Services Group (AMSG) on sale to facilities and property managed services provider Pinnacle Group (Pinnacle).
The acquisition will extend Pinnacle’s service capacity, technical skill set and expert knowledge across new FM sectors, including retail, manufacturing and chemical industries.
With AMSG headquartered in Lancashire, the acquisition also enhances Pinnacle’s ability to deliver holistic seamless services to a broader range of communities in accordance with their commitment to community stewardship.
Established in 2001, 750-strong AMSG has over 20 years of collective FM business
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12 November, 2026 – 8:00 am
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