Deals
Edison Partners has exited its portfolio company, PandoLogic, a provider of intelligent hiring solutions, to Veritone (NASDAQ: VERI), a provider of artificial intelligence (AI) technology and solutions in a deal valued at USD150 million.
PandoLogic will become Veritone’s marquee offering for Human Capital Management.
Through the pandemic, a period of unprecedented volatility in the job market, PandoLogic is credited with helping to hire a large portion of essential workers and partnering with many of the Fortune 100 to re-establish their workforces through job recovery. The company has experienced 700 per cent growth since Edison’s initial investment in 2013. Veritone’s proprietary
RiverGlade Capital (RiverGlade), a healthcare-focused private equity firm, has made threenew platform investments in the first six months of 2021 – Dynamic Infusion Therapy (DIT), Home Helpers Home Care (Home Helpers), and 2nd Chance Treatment Centers (2nd Chance).
“These investments are a result of RiverGlade’s efforts around several key themes that we believe will have a meaningful impact on the healthcare landscape,” says Garrick Rice, Managing Partner and Co-Founder of RiverGlade. “We are focused on opportunities that will benefit from the increase in outsourced services, the focus on cost containment and efficiency, and improvement in the quality of care because
Dubin Clark, a private equity firm focused on niche market leaders in the lower middle-market, has created a new holding company, Super Home Services, to invest in Evergreen Lawn & Pest Control (Evergreen).
Financial terms of the transaction have not been disclosed.
Evergreen is a provider of residential lawn spray and pest control services throughout the Central Florida region. The Company’s service offerings include lawn spray services, tree and shrub services, pest control, termite treatment, and mosquito control services. Since its founding in 1991, Evergreen has established a reputation for quality, excellence, and high customer satisfaction. The Company is
Gravitee.io, an open source API management platform that gives businesses and their developers unprecedented control over their entire API ecosystem, has raised USD11m in a Series A round, co-led by AlbionVC and Oxx, to power its expansion in the burgeoning API management market, which is predicted to be worth USD22 billion by 2028.
As the world has become more digital, the need for connected software has exploded, and APIs are now ubiquitous. This increased reliance on APIs brings endless possibilities, but also means that APIs should run perfectly every time. For businesses, keeping track of the complex web of APIs
Mercedes-Benz has acquired YASA, a specialist in next-generation electric drive technology.
YASA’s proprietary axial-flux electric motors offer enhanced performance over radial electric motor technologies. YASA’s e-motors deliver the greatest efficiencies and highest power densities in class for the smallest possible size and weight.
Following the acquisition, YASA and its 250 employees will continue to operate from its headquarters and production facility in Oxford, UK. YASA will provide electric motors for Mercedes-Benz’s AMG.EA electric-only platform, while also acting as an innovation partner pioneering new electric drive technology for the Group
Moray Wright, CEO of Parkwalk, says: “Parkwalk was the largest investor
Coinciding with the milestone of delivering prototype winding wire to the automotive industry, Tau has concluded its Aeries A financing round with additional funding from Finindus, a Belgium-based investment company financed by ArcelorMittal and the Flemish Region, and a top-up by German specialty chemicals company ALTANA.
Tau develops high-performance wire that combines minimised partial discharge, high filling factors, greater temperature resistance, high-voltage and frequency optimisation. This enables global producers of electric motors, cars, buses, trucks and aircraft to double the power output of future traction motors while keeping their size.
“Years of research have allowed us to be developing coated
Business-to-business social media marketing platform Oktopost has secured a USD20 million minority investment from London-based growth equity firm Expedition Growth Capital.
Oktopost plans to use the fresh capital to advance its product roadmap focused on B2B needs, improve its customer success function, accelerate marketing and sales, and explore strategic acquisitions. The company’s team is spread across Tel Aviv, London and Atlanta and plans to grow its workforce by 50 percent in the second half of 2021.
Oktopost provides an enterprise grade cloud platform built on a single code base, where B2B marketers can curate content, organise, and manage campaigns for
Exus Management Partners (Exus), a specialist in powering sustainable investments through operational excellence, has advised on the acquisition and been chosen by Onex Renewables (Onex) to deliver its full suite of asset and financial management services for a 221MW wind portfolio in northern Portugal.
With over 7.5GW of renewable energy assets developed and operated worldwide, Exus brings considerable expertise to the five individual projects, which represent an anchor investment for Onex within the market.
Previously owned by EDP Renewables (EDPR), the combined sites come with an 18-year PPA attached. The portfolio has an estimated enterprise value of EUR532 million,
Having launched an impressive 34 businesses to date, North East university collaboration Northern Accelerator has been awarded a further GBP3.6 million from Research England to continue its successful programme, expanding its partnership in the North East and rolling out its flagship support model to universities in the South of England.
Northern Accelerator was set up to develop the ecosystem for creation of spin-out businesses from the North East’s universities, strengthening the region’s knowledge economy and helping address regional imbalance. Funded by Research England’s Connecting Capability Fund and the European Regional Development Fund, Northern Accelerator brings together academics and business leaders,
European travel startup Framey has closed a USD1 million seed funding round led by ICE Capital from Dubai, and backed by Romanian based JECO Capital.
The company, planning to disrupt the way people plan their trips, will use the funds to invest in its technology, scale up its operations and launch globally.
Founded in 2019 by Romanian entrepreneurs Robert Preoteasa and Alexandru Iulian Florea, Framey is building an inspiring platform where users can go through the entire process of a travel journey, from dreaming to planning, experiencing and sharing.
“We are very excited about our next chapter post funding closing
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
