Allocations
Gresham Private Equity has exited 7city Learning through the sale of the business to Fitch Group.
Fitch is combining 7city with its Fitch Training unit to form Fitch 7city Learning.
Headquartered in London with operations in New York, Singapore and Dubai, 7city is a global training provider primarily servicing the financial services industry. The company provides training and learning solutions to over 800 blue chip clients, including the global top 10 investment banks and nine of the global top 10 fund managers.
Gresham has supported the company’s management and facilitated growth through the roll-out of an international expansion
Bacchus Capital Management, a San Francisco-based private equity firm providing capital in the wine industry, has provided growth capital to Maritime Wine Trading Collective, a boutique wine import, production, and distribution company based in San Francisco.
Concurrent with the Bacchus investment, Maritime is adding Nine North Brands to its portfolio. Nine North is a Stag’s Leap District-based collection of handcrafted Napa and North Coast red wines.
"The Bacchus growth capital provides Maritime with the platform to build infrastructure and to continue to grow our portfolio brands’ distribution and volume in the US," says Chris Nickolopoulos, Maritime chief executive, who co-founded
KarpReilly, a consumer-focused lower middle market private equity firm, has held the final closing of KarpReilly Capital Partners II (KRCP II) with total capital commitments of approximately USD210m.
In conjunction with the closing of this second fund, KarpReilly also closed KarpReilly Co-Investment Fund II, with approximately USD150m of additional capital.
The co-investment fund provides KarpReilly access to additional equity capital to pursue larger investments, when appropriate, and is funded by KarpReilly’s limited partners.
KarpReilly’s new fund will pursue the same strategy as its first fund, raised in 2008 – investing in consumer growth companies at the lower end of the
BBVA has formed BBVA Ventures, which will invest USD100m in start-ups looking to transform the financial services industry.
Through this effort, BBVA will work with entrepreneurs and venture capital investors to broaden the bank’s understanding of emerging trends, helping advance innovative initiatives in banking and finance.
Based in Silicon Valley, BBVA Ventures is already establishing ties with start-up firms, incubators and venture capital funds in order to identify possible opportunities and offer insight into the financial industry’s most innovative initiatives.
Jay Reinemann (pictured), a veteran corporate venture capitalist and executive director of BBVA Ventures, says building an experienced team is
Semetric, the global data analytics firm behind Musicmetric, has secured significant new financing from two key backers.
The GBP3m (USD4.7m) investment comes from Imperial Innovations Group, the AIM-listed technology investment firm, and existing investor Pentech Ventures, a venture capital fund specialising in software investments.
It follows previous investments totalling GBP1.7m (USD2.7m.
The new investment will support Semetric’s global plans to expand over the coming year while further developing its entertainment analytics products. The current global market for media analytics totals around USD3bn annually.
Musicmetric is the a digital music analytics platform, working with record labels, managers, radio stations and music
Ribbit Capital, a new Silicon Valley-based venture capital firm led by serial entrepreneur Meyer “Micky” Malka, has raised USD100m in venture funding that will be aimed at driving innovation around the world in lending, payments, insurance, accounting, tax preparation and personal financial management.
Ribbit targets disruptive, early-stage companies that leverage technology to reimagine and reinvent what financial services can be for people and businesses.
“Banks have proven to be difficult environments for innovation to flourish, resulting in an antiquated financial services industry that remains relatively untouched by the technology-driven evolution transforming other markets ranging from social media sharing to professional
Merger and acquisition activity is expected to increase in 2013, according to a survey conducted by KPMG, the US audit, tax and advisory firm, and the research practice unit of SourceMedia, the publisher of Mergers & Acquisitions.
The survey of more than 300 M&A professionals in the US found that 76 per cent of respondents anticipate that their company will make at least one acquisition in 2013.
According to 60 per cent of the M&A professionals, companies’ large cash reserves will drive deal activity and 40 per cent acknowledged favourable credit terms as a supporting factor. Opportunities in emerging markets
International aircraft leasing group Avolon’s fleet reached 167 aircraft as at 31 December 2012 while total capital raised by the group has now exceeded USD5bn.
During 2012, Avolon raised USD300m of new equity from the Government of Singapore Investment Corporation and USD1.3bn of new debt finance bringing total capital raised to in excess of USD5.1bn.
The group also delivered 40 aircraft last year valued at over USD2bn – placing it in the top three lessors globally for new aircraft deliveries in 2012.
Avolon also placed forward orders for 20 Airbus 320neo and 20 Boeing 737MAX aircraft, becoming one
Monroe Capital has provided a USD27m unitranche facility to support the sale of Collaborative Neuroscience Network (CNS Network) to a 100 per cent Employee Stock Ownership Plan (ESOP) owned corporation.
This is the first transaction completed by Monroe Capital’s newly-formed national ESOP lending practice.
ESOPs offer corporate and individual level tax advantages that are not typically available in traditional third party sales. In today’s rising tax rate environment, Monroe Capital anticipates that demand will be robust for similarly structured ESOP transactions in 2013 and beyond.
Based in Garden Grove, California, CNS Network is a clinical trial research provider, assisting pharmaceutical
BuyBox, a social payment solution provider for e-merchants, has secured a EUR1.7m equity increase from Iris Capital and Midi Capital.
This financing will be used to develop the product portfolio and international commercial deployment.
Founded at then end of 2010, BuyBox is today a well used solution of social payment for e-commerce. The solutions from BuyBox allow e-commerce sites to natively collect and organise group payment, for example to buy a birthday present or an expensive item.
BuyBox, distributed on Saas mode, is now deployed via well known customers such as Celio, Wonderbox.fr or Micromania. BuyBox is also distributed by
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
