Deals
CenterOak Partners (CenterOak), a Dallas-based private equity firm, is to sell its portfolio company Cascade Windows (Cascade), to Cornerstone Building Brands, for a cash purchase price of USD245 million.
Bolt, the first European super-app, has closed a EUR600 million funding round, increasing the company’s valuation to more than EUR4 billion. Bolt will use the funds to boost its new 15-minute grocery delivery service, Bolt Market, and to accelerate the expansion of its existing mobility and delivery products.
The funds were raised from new investors including Sequoia, Tekne and Ghisallo, as well as Bolt’s existing investors G Squared, D1 Capital and Naya.
Markus Villig, CEO at Bolt, says: “Bolt’s mission is to make urban travel affordable and sustainable. We are building a future where people are not forced to buy
T-Knife Therapeutics, a portfolio company of European investment management firm Andrea Partners, has completed a USD110 million Series B financing.
The financing was led by Fidelity Management & Research Company, with participation from other new investors including LSP, Qatar Investment Authority (QIA), Casdin Capital, Sixty Degree Capital, and CaaS Capital, along with existing investors RA Capital Management, Versant Ventures and founding investor Andera Partners. T-knife plans to use proceeds from the financing to expand its scientific team, increase manufacturing capacity and advance its pipeline of T-cell receptor (TCR) engineered T cell therapies (TCR-T).
“Over the past year we have made
An affiliate of global alternative investment firm HIG Capital (HIG) has entered into a definitive agreement to acquire Quick Restaurants (Quick) from Burger King France.
EmergeVest, a Hong Kong-based growth-oriented private equity investment group, has invested in Lucy, a neobank focused on women entrepreneurs, through seed funding. In addition, Dr Jessica Bruser of EmergeVest has joined Lucy’s board of directors.
Lucy will use the proceeds of this funding round to invest in its tech platform, expand its Singapore-based team and prepare for an imminent launch of its inaugural product, before expanding regionally through strategic partnerships.
Diversity and inclusion are a fundamental part of the culture and long-term strategy at EmergeVest. This investment, which allows Lucy to further support female entrepreneurs, is aligned with EmergeVest’s
Open banking platform Snoop has secured GBP15 million in Series A funding from leading American investment management firm Paulson & Co Inc (Paulson), giving the business a post-money valuation of GBP47 million.
The money management app helps people spend, save and live smarter through personalised money-saving insights, and aims to save the average user GBP1,500 per year. This most recent round of fundraising for the company follows a GBP10 million round in December 2020 (Europe’s second largest crowdfund that year).
Snoop was launched in April 2020 by Dame Jayne-Anne Gadhia, the former CEO of Virgin Money. The award-winning app uses
Mayfair Equity Partners (Mayfair), a tech and consumer growth investor, has completed an investment in British haircare brand Tangle Teezer. Mayfair will hold a majority stake in the business. Additional deal terms have not been disclosed.
Founded in 2007 by Shaun Pulfrey, Tangle Teezer produces a range of innovative detangling, blow-drying and styling hairbrushes famous for their unique teeth technology. The business has grown to become a world-renowned brand, recognised for creating the detangling haircare category, and swiftly becoming an essential haircare companion to both consumers and haircare professionals. Shaun will remain a minority shareholder in the business.
Recognising the
Legend Capital has participated a biological computing platform enterprise BioMap’s USD100 million Series A funding round.
The funds will be used to for R&D and talent recruitment.
BioMap is positioned as an innovative medicine R&D platform driven by biological computing engine. It was co-founded by Robin Li in November 2020 and he currently serves as the Chairman. Through advanced computing and biotechnology, BioMap draws maps on disease targets and drug design to realize the Global First-in-class original drugs. In the future, BioMap will also focus on the field of immune mechanism of tumors, autoimmune diseases and fibrotic diseases.
Richard Li,
Surrey-based fulfilment and national delivery business Diamond Logistics has secured a GBP2.5 million investment from BOOST&Co.
The funding will be used to continue developing the firm’s ‘one-stop’ logistics platform Despatchlab, accelerate the growth of its network and build on the demand created by the UK lockdowns.
Established in 1992 and led by founder and chief executive Kate Lester, Diamond Logistics provides local and national fulfilment and delivery to businesses across the UK. The firm has since pivoted from being a traditional logistics business operating its own fleet of vehicles, to becoming an organisation at the forefront of logistic and
Aliter Capital (Aliter), a private equity buy and build specialist in the support services sector, is pleased to announce that it has agreed the sale of its shareholding in North Group SP (North) to Livingbridge.
The management team will continue to work in North and will reinvest part of their proceeds in the Group. The sale of North marks the first exit from Aliter’s maiden 2017 fund and delivers a strong return for investors.
North is a highly technical integrated technology specialist delivering end-to-end networking and IoT application design, implementation, support, and managed services throughout the UK. North prides itself
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
