Deals
Filipino social entertainment platform Kumu has raised a Series C led by General Atlantic, a global growth equity firm with more than 40 years of experience scaling disruptive businesses internationally. Existing investors Openspace and SIG also participated.
This transaction marks the largest equity financing to date for a Filipino startup not founded as a subsidiary or spinoff of an established conglomerate. It also marks General Atlantic’s first investment in the Philippines.
“Kumu is rapidly emerging as a leading digital content community and social platform in the Philippines, as well as for the global Filipino diaspora,” says Sandeep Naik, Managing Director
Forester Capital, an alternative investment platform, has launched a strategic partnership with Louis Chang of Gavilan Investment Partners. Chang invests through a concentrated portfolio of investments within the technology, media, telecom and consumer industries.
Chang brings 17 years of experience and a track record of success as both a long-term, fundamental investor and trusted corporate adviser.
“We believe that Louis’ research-driven approach, and deep fundamental understanding of high-quality businesses, offers a compelling opportunity for our investors,” says Trent Carmichael, founder and managing principal of Forester Capital. “Louis has a differentiated point of view and an impressive track record.”
Prior to
Alantra Private Equity (Alantra) has formed a partnership with Aceitunas Guadalquivir SL (Agolives), a specialist in the olive table sector, aimed at boosting the Company’s ambitious growth plans, both in Spain and at an international level.
The founding family and the rest of the management team will retain a stake and continue with the Company, guaranteeing business continuity at all levels and the effective execution of the growth plans. The financial terms of the transaction are not disclosed.
Alantra’s financial and strategic support will accelerate the implementation of a new business plan to support organic growth while allowing Agolives to
VavaCars, a Turkey-based online trading platform for buying and selling used cars has raised USD50 million to expand its operations in Turkey and Pakistan.
Duquesne Family Office LLC (founded by Stanley F Druckenmiller), founding investor, Vitol, plus one other new investor participated in the round.
Since VavaCars’ launch in April 2019 in Turkey, where it operates in close partnership with the leading fuel retailer, Petrol Ofisi, the Company has traded more than 10,000 cars, and has grown to 300 employees. The Company has been growing GMV by an average of 30 percent month-on-month serving the wholesale and retail market with
Prophix, a specialist in Corporate Performance Management (CPM) software, has acquired Brussels, Belgium-based Sigma Conso, a CPM software and services provider specialising in financial close management and financial planning and analysis.
Prophix has acquired Sigma Conso from Fortino Capital, a European B2B software investor. The acquisition will see Sigma Conso’s technology being added, and eventually integrated, into the Prophix solution. Similarly, their employees will now become part of the Prophix organisation.
As a specialist in cloud-based CPM, Prophix enables mid-market companies across multiple industries worldwide to improve their financial reporting capabilities, while also standardising and streamlining the budgeting process to
Vertical Aerospace (Vertical), a global aerospace and technology company specialising in zero-emissions aviation, has secured over USD200 million in additional financing to support its path to scale production and certification of the VA-X4 electric vertical take-off and landing (eVTOL) aircraft.
Vertical is targeting the highest global certification for its VA-X4, which is expected to achieve the equivalent safety standard of a passenger jet by 2024 (based on the expected standards promulgated by the CAA and EASA).
Mudrick Capital Management (Mudrick Capital) will invest USD200 million in Vertical through convertible senior secured notes. In addition, Kouros SA, a firm specialising in
HelpSystems has acquired Digital Guardian, a SaaS provider of data loss prevention (DLP) solutions for large and mid-sized organisations.
Digital Guardian’s solutions give customers visibility and protection of their data across many operating systems and applications. The company also provides a popular managed service that operates as an extension of their customers’ security teams to protect sensitive data from threats originating inside and outside the organisation.
The team and solutions from Digital Guardian will fit into HelpSystems’ data security portfolio, and combine with powerful security solutions such as GoAnywhere, Clearswift, Agari, and Titus. In addition to extending HelpSystems’ DLP
InCloudCounsel, a specialist in Contract Automation and Intelligence, has secured USD200 million in Series B funding in a round led by funds managed by Blackstone, with participation from existing investor, Battery Ventures, and board member, Mike Paulus.
Berlin Packaging, a Hybrid Packaging Supplier, has signed a binding commitment with O-I France SAS by which Berlin Packaging France SAS would acquire the Le Parfait business and brands.
Founded in Reims, France, in the early 1930s, Le Parfait is known for its iconic glass jars and lids manufactured by O-I France SAS and its affiliates. The brand is popular in France, born from the tradition of homemade preserves, jams, honeys, and terrines that are delicious and long-lasting. Assembled with orange rubber seals, the jars are easily identifiable for consumers and ideal for preserving food while reducing waste. Both glass
Private investment firm Auxo Investment Partners has acquired Genesis Rail Services, a full-service US railroad maintenance company.
As part of the transaction, Cody Harman, son of company founder Jeff Harman, will retain a minority ownership stake in the company and continue in his role running day-to-day operations. In addition, railroad industry veteran John McPherson will serve as Auxo’s operating partner and a board member.
Founded in 2009, Genesis Rail Services provides outsourced mission-critical maintenance of way (MOW), mechanical and construction services to Class I, Class II and industrial railroads across the country. Class I railroads are the largest railroad
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
