Deals
Long Ridge Equity Partners has announced that its portfolio company, Carson Group, an industry-leading provider of wealth management technology and services to financial advisors and clients, has received a strategic investment from Bain Capital, valuing the business at over USD1 billion and providing a full exit for Long Ridge’s Fund I investment.
Founded in 1983 by Ron Carson and headquartered in Omaha, Nebraska, Carson Group serves financial advisors and investors through its three businesses – Carson Wealth, Carson Coaching, and Carson Partners. Carson Group has created an ecosystem dedicated to helping financial advisors unleash the full potential of their
LMAX Group, an independent operator of institutional execution venues for FX and crypto currency trading, today announced that it has signed a definitive agreement to sell a 30 per cent stake in the company to JC Flowers & Co LLC (JC Flowers), a private investment firm dedicated to investing globally in the financial services industry, for a cash consideration of USD300 million valuing LMAX Group at USD1 billion. This is a secondary share sale by LMAX Group employees. The transaction remains subject to regulatory approval.
LMAX Group and J.C. Flowers will partner to accelerate the Company’s next phase of
Sweden-based investment firm EQT’s infrastructure division has agreed to acquire Covanta Holding Corporation, whose business focuses on sustainable waste processing and advancing transitions to a circular economy in North America.
Oxane Partners (Oxane), a technology-driven solutions provider to private markets, has expanded the coverage of its solutions to cater to a wider range of credit asset classes.
Since starting operations in 2013, Oxane has gradually broadened its offerings to now become a one-stop solution provider supporting banks and investment firms to analyse and better manage their private markets investments.
The inherent challenge in unifying investments across multiple trading desks in private markets lies in handling distinct deal structures, dataflows, and reporting metrics. Without a viable solution that can provide an aggregate view across disparate assets, banks and investment firms either
WeVee, the first fully-integrated electric vehicle leasing platform, which launched in the UK (home to Cazoo, Cinch and Carwow), is now valued at USD14million after its latest USD7 million investment injection.
The EV price comparison and leasing platform, which launched in March 2020 to support fast growing demand for electric vehicles, and attracts up to 100,000 UK visitors per month, has taken its first steps towards becoming a global e-mobility lifestyle platform and marketplace, after closing a pre-seed round last week by a line-up of top European angel investors, industry leaders and global tech entrepreneurs.
The backing for worldwide
Private equity firm WestBridge has exited its investment in portfolio company AJM Healthcare following the company’s acquisition by Livingbridge. AJM provides wheelchair and mobility solutions to the NHS, Local Authorities and individuals across the UK.
The transaction marks the first exit from the firm’s second fund and has been completed in little more than two and a half years after WestBridge supported the original management buyout of the company in September 2018.
Following the MBO, WestBridge appointed Andy Dun as Chairman to help drive strategy and has worked closely with him and the executive team to develop the business.
As
Limina, provider of a customisable cloud-native Investment Management Solution (IMS) for mid-sized asset managers, has completed a USD3 million Series A funding. The investment was led by Nordic venture capital firm Industrifonden.
Existing investors, including STOAF SciTech, Vidici Ventures, Almi Invest and Justin Wheatley, the founder of StatPro, also joined the latest funding round. The company’s enterprise SaaS model for asset management IMS has seen great traction from forward-looking asset managers across Europe in the past 18 months. Limina has delivered triple digit growth since 2019, with a steady stream of new client contracts, including Alquity and Lannebo.
Limina will
Specialized Packaging Group (SPG), a vertically-integrated provider of protective packaging products, has acquired Bay Area-based Specialized Packaging Solutions (SPS).
The acquisition will enhance SPG’s existing capability set in its Engineered Packaging division, expanding the company’s reach while adding approximately 100 employees to its 1,100-person workforce. SPS and its full workforce will continue to operate in Newark, California while founder and CEO Terry Besso will be retiring. SPG, one of the largest independent protective packaging manufacturers in North America, is a portfolio company of Altamont Capital Partners.
“The addition of SPS to our Engineered Packaging division means we will be
SCB 10X, the venture arm of Thailand’s oldest bank, has made another investment in the decentralised finance (DeFi) sector via the fast-growing asset aggregator and portfolio dashboard, Ape Board. The company aims to resolve poor user experience, complexities in generating yield and overcome fragmentation issues in DeFi.
“SCB 10X is excited to announce our investment in Ape Board, which now has more than 350,000 users, within four months of inception. This investment will further our goal of integrating traditional finance and decentralised finance by championing projects that resolve complexity and fragmentation issues in DeFi to bring a truly user-friendly experience.
Bower Collective, the sustainable consumer goods business has raised GBP2.1 million in a seed stage fundraising round led by Oxford Capital and Doehler Ventures.
The brand offers a range of sustainable home and personal care products and is on a mission to eliminate plastic waste. It has developed an innovative approach to ecommerce by providing a closed loop, plastic waste-free solution. Users subscribe to a range of products that are supplied in refill packages. Customers return the empty packages in pre-paid envelopes to Bower for reuse and recycling, ensuring zero plastic waste in their supply chain.
Since launch, the
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12 November, 2026 – 8:00 am
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