Allocations
TPG Capital (TPG), the private equity platform of global alternative asset firm TPG, is to make a strategic minority investment in beauty company Anastasia Beverly Hills.
TPG is partnering with Anastasia Beverly Hills to help enhance its operations and growth, with a focus on e-commerce and international expansion. Terms of the transaction were not disclosed.
“It has been incredible to watch Anastasia Beverly Hills evolve,” says Anastasia Soare, Founder and CEO of Anastasia Beverly Hills. “With the help of my daughter, Claudia, what started as a singular brow studio in Beverly Hills has gone on to become one of
Noerr has advised Rocket Internet on the successful IPO of home24 SE. The company’s shares are now trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange.
The shares of the leading European online home & living e-commerce platform were offered in a public offering in Germany and Luxembourg as well as through private placements in certain other jurisdictions. With a final offer price of EUR23.00 per share, market capitalisation – after full exercise of the greenshoe option – amounts to around EUR600 million. The first trading price was EUR28.50.
Gross proceeds from the IPO come to
Quantifeed, Asia’s leading B2B robo-advice provider, has closed USD10 million (AUD13.5 million) in a Series B funding round led by Cathay Financial Holdings, with participation from Legg Mason.
The Series B round will enable Quantifeed to fuel its growth in Australia and Asia-Pacific. The investment will also accelerate research and development in areas such as behavioural analytics and data science to improve customer engagement.
“We welcome the commitment of Cathay Financial Holdings and Legg Mason to our growth and we are confident that they will bring enormous value to our business,” says Alex Ypsilanti, CEO and Co-Founder of Quantifeed.
Tiller, a French specialist in cash registers and connected management, has closed a EUR12 million Series B funding round, with the option of deploying up to a further EUR8 million in the next 18 months to fund external growth.
The funding round was led by Ring Capital and Cambon Partners with participation from existing investor 360 Capital Partners and Omnes Capital.
Spanning 5,000 customers in more than 35 countries, Tiller offers a comprehensive management tool (order taking, cashing, real-time performance monitoring, integrated digital solutions marketplace) for merchants. With a team of nearly 150 people, offices in Paris, Barcelona and
Polaris is to acquire a majority shareholding in ProData Consult, a Danish independent IT consultancy focused on business and IT consultants.
Over 15 years, ProData Consult has generated an average annual growth in excess of 20 per cent, and the Group has activities in Denmark, Norway, Sweden, Poland, Germany and the Netherlands. The investment is the sixth in Polaris’ fund IV.
Following growth of more than 30 per cent in 2017, ProData Consult reached revenue of DKK 910 million based on the company’s core business of providing high-end business and IT consultants to a series of acknowledged clients, in
European venture capital investment reached its highest amount in a decade with EUR6.4 billion in 2017, according to Invest Europe.
Venture capital funds in Europe increased investments into companies of all stages and sizes last year. Seed and early stage investments grew almost 50 per cent year-on-year, reaching EUR649 million and EUR3.5 billion respectively, the association’s 2017 activity data report reveals. Meanwhile, later stage investments into larger companies reached EUR2.3 billion, the highest level since 2008. The information and communications technology (ICT) sector received 45 per cent of the total investment amount, followed by biotech and healthcare (23 per cent)
Grey Rock Energy Partners (Grey Rock) has held its first and only close of Grey Rock Energy Fund III (Fund III) which was oversubscribed with USD232.5 million in capital commitments.
The entirety of Fund III was raised through institutional investors; the majority are repeat investors who participated in prior Grey Rock funds.
Grey Rock is a Dallas-based private equity firm with more than USD450 million of assets and committed capital under management. The company acquires non-operated working interests in core unconventional basins, either by acquiring non-op directly from current owners, or by providing joint venture capital to operators. Grey
Artivest, a financial technology firm based in New York, and Altegris, an alternative investment manager based in San Diego, have successfully closed their previously announced merger.
The merged company, named Artivest, is headquartered in New York and California. Artivest serves over 10,000 clients worldwide, with approximately USD3 billion of asset flows, USD2.5 billion of which are alternative assets under management. Artivest’s digital alternative investment platform is a fully-encrypted online marketplace for qualified investors and financial advisors seeking access to world-class private equity, hedge fund, real assets and managed futures strategies, among others.
“Artivest is now the largest independent alternative
Verscend Technologies, a portfolio company of private equity firm Veritas Capital and a specialist in data-driven healthcare solutions, is to acquire Cotiviti Holdings, a provider of payment accuracy and analytics-driven solutions for the healthcare industry, for USD4.9 billion in cash.
Under the terms of the agreement, Cotiviti shareholders will receive USD44.75 in cash per share of Cotiviti common stock, and Verscend will assume all of Cotiviti’s outstanding debt, resulting in an enterprise value of approximately USD4.9 billion. The offer price represents a 32 per cent premium to Cotiviti’s unaffected share price as of 4 June, 2018 and a 136 per cent premium to the initial
Oak Hill Advisors (OHA) and Värde Partners (Värde) are to acquire a USD1 billion portfolio of shipping loans from Deutsche Bank. The transaction is expected to close in the third quarter of 2018 pending regulatory approvals.
This represents the second sale of shipping loan portfolios from European banks that Värde and OHA have acquired together.
“We view this investment as part of our long-term commitment to provide alternative capital to the shipping industry as traditional participants reduce their exposure and change tack following a challenging period for the sector as a whole,” says Stephen Seymour, Managing Director at
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
