Deals
London-based insurtech and home of dynamic motor fleet insurance pricing, Humn has raised GBP10.1m in Series A funding led by BXR Group and Shell Ventures as well as Hambro Perks Leaders Fund and Woodside Holdings.
With the investment, Humn aims to further develop its unique insurance data capabilities and expand the commercial functions of the business, as well as expanding into Europe next year.
Founded in 2018, Humn has rewritten traditional motor fleet insurance. Consolidating the traditionally separate categories of fleet insurance and risk management, it has built a solution that provides fleets with unparalleled transparency. Humn’s risk platform, riskOS,
Howden, the international insurance broking group, is to acquire Aston Lark from Goldman Sachs Asset Management and Bowmark Capital. Aston Lark is one of the UK’s leading, independent, specialist complex commercial and private client brokers. The deal is subject to regulatory approval.
The highly complementary union completes Howden’s UK broking business, with Aston Lark joining A-Plan Group and Howden UK to create a full-service broker unrivalled in its quality, scale and reach in the UK.
The transaction marks Howden’s largest acquisition to date and creates a UK business managing over GBP6 billion of gross written premium for more than
Permira funds have agreed to the sale of Lyophilization Services of New England (LSNE), a contract manufacturing organisation, to PCI Pharma Services (PCI), a pharmaceutical and biopharmaceutical global integrated solutions provider.
Founded in 1997 and headquartered in Bedford, New Hampshire, LSNE is a market leader providing a wide range of development and manufacturing services to the pharmaceutical, biotechnology and medical device industries, specializing in a wide range of services including process cycle development, sterile fill-finish and lyophilization, and analytical testing.
The Permira funds acquired LSNE in 2017, and over the last four years have supported the company in its
Hubilo, a global virtual events platform, has raised GBP92 million in Series B funding round led by Alkeon Capital and additionally, Lightspeed Venture Partners and Balderton Capital.
This brings the company’s total funding to GBP113 million to date in less than 18 months. The investment, one of the largest in the event technology category, signals the revolution in ways by which people connect, engage, share experiences, and create opportunities at a time when uncertainty about Covid-19 and its variants have resulted in cancelled events and delayed a return to traditional office environments.
The Series B funding allow the company to
Foresight Group (Foresight), a leading UK listed infrastructure and specialist regional private equity investment manager, has sold Accrosoft Limited, a recruitment and employee onboarding software company, to Acendre Technologies Inc, a global HR software business headquartered in the US.
Based in Loughborough, Accrosoft was founded in 2008 by Alex Khakbiz and Mitesh Chauhan, experienced SaaS entrepreneurs. Accrosoft’s Vacancy Filler (VF) software streamlines talent acquisition and recruitment management for organisations. VF helps millions of candidates to apply for jobs easily and empowers thousands of recruiters and hiring managers to recruit better and faster. The product now supports customers across a range
9fin, a provider of data, news and predictive analytics for debt capital markets, has raised GBP8 million Series A round to fuel its expansion into the US.
CarDekho, India’s largest car search platform, has closed a USD250 million round of funding that included USD200 million Series E equity and USD50 million debt in its pre-IPO round.
Adenia Partners, a private equity firm investing in Africa, has acquired a majority stake in Altilands SA, the parent company of Red Lands Roses (Red Lands), a grower of premium fresh-cut roses in Kenya.
Red Lands is internationally recognised for its green horticultural practices that respect people and the environment. Financial terms of the transaction were not disclosed.
Established in 1996 by agronomist, Isabelle Spindler, Red Lands operates a farm of 28 hectares, 35 kilometres northeast of Nairobi, at approximately 1,565 meters above sea level. Red Lands’ premium fresh-cut roses have fuller heads, longer stems, and an enviable vase
Tiptree has secured a USD200 million strategic investment in its insurance subsidiary, The Fortegra Group (Fortegra) from Warburg Pincus.
The investment will give Warburg Pincus an approximate 24 per cent ownership in Fortegra on a fully diluted basis and is expected to close in the first quarter 2022. This transaction highlights the underlying intrinsic value of Fortegra to Tiptree shareholders, representing a significant milestone for the Company.
Fortegra is a rapidly growing and consistently profitable specialty insurer, underwriting over USD2.0 billion of gross written premiums and premium equivalents annually. The business underwrites and administers a variety of specialty insurance products
Two Sigma Impact, the impact investing business of Two Sigma, has acquired Eclipse Advantage (Eclipse), a provider of outsourced supply chain workforce solutions specialising in servicing warehouses and distribution centres across the US and Canada.
Financial terms of the transaction have not been disclosed.
Founded in 2003, Eclipse employs approximately 5,000 workers, or “industrial athletes”, to fill the gap in the large and growing outsourced distribution labor market. The Company has enjoyed year-over-year growth for nearly two decades and partners with Fortune 1000 companies to improve supply chain productivity and efficiency. Eclipse provides a comprehensive suite of labor services
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
