Allocations
The Dutch central bank has approved a EUR193 million funding round agreed between bunq and Pollen Street Capital, a British private equity firm.
The deal values the Amsterdam-based challenger bank at EUR1.6 billion and sets a new record for a series A investment in a European fintech company.
bunq will use the injection of funds to fuel the company’s growth across Europe, following this year’s introduction of German, French and Spanish IBANs to its offering and the opening of offices in Paris and Cologne. To help achieve this goal, the bank plans to double its total number of staff
Pitchdrive, a Belgian-based start-up funding platform investing in European early-stage ventures, has held the first closing of its second fund at EUR20 million, organised in collaboration with SmartFin.
Pitchdrive leverages data-driven deal selection and extensive entrepreneurial expertise towards one goal: to offer promising technology start-ups the initial funds they need to launch their business. Pitchdrive was founded by known tech entrepreneurs all confronted with an underserved and scattered European seed investment landscape. Among the founding fathers of Pitchdrive Fund II are Jonas Dhaenens, Jürgen Ingels, Lorenz Bogaert, Wim Derkinderen, Toon Coppens, Luc Verelst, Koen Christiaens, and Boris Bogaert.
Pitchdrive’s Fund
The private equity investment platform of Edmond de Rothschild Group and PeakBridge, a specialist in Agri-FoodTech investing, are partnering to accelerate the growth of Peakbridge’s investment platform.
Their shared goal will be to support Agri-FoodTech startups in their growth stages. The joint effort will, at first, target EUR250 million in assets under management, and will look to grow further in the future. Given the global reach and capabilities of both organisations, the intent will be to impact long-term environmental and social challenges.
Edmond de Rothschild Private Equity and PeakBridge bring together two well-aligned organizations that, through the power of innovation
Swedish investment company Partinc Capital AB has invested SEK30 million in Dutch SaaS company TIE Kinetix which is listed on the Amsterdam Stock Exchange (Euronext: TIE), and develops systems to streamline the transfer of business documents between different organisations.
TIE Kinetix offers a software-based system located in the cloud. With the help of TIE Kinetix’s system, businesses can quickly and easily transfer different types of business documents such as invoices, orders, and order confirmations to authorities, customers, and suppliers. No doubt, the trend in global supply chain communication is towards 100 per cent digitalisation.
TIE Kinetix is Partinc Capital’s first
Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Systems 3 by CMI Group (CMI). CMI is an existing portfolio company of Gallant Capital Partners.
Founded in 1972 and headquartered in Phoenix, AZ, CMI is a leading manufacturer of critical components for engines, APUs, fuel and fluid systems, gears, hydraulics, and valves for the majority of commercial, military and business jet platforms serving the aerospace and defense industry. CMI is a key supplier for major global OEMs and utilises its vertically integrated manufacturing expertise and
AP Taylor has secured a GBP750,000 funding package from the Midlands Engine Investment Fund (MEIF), for the East & South East Midlands Debt Finance fund managed by Maven Capital Partners (Maven) and backed by the Recovery Loan Scheme.
The Luton-based leading logistics business will use the capital funding to invest in its growing service range, support business expansion through bulk stock acquisition and help create three new jobs for the local economy.
AP Taylor provides a personalised returns solution to a variety of global manufacturers and retailers of household and garden electronic appliances, providing the collection, analysis and repair of
Koinos Capital, through through the Koinos Uno fund, has acquired a majority stake in Tre Zeta Group, a manufacturer of sneaker and leather soles for the luxury fashion industry. The financial terms of the transaction have not been disclosed.
Based in San Donato (Pisa), Tre Zeta Group has a history dating back to 1967, with a long tradition of producing sneaker and leather soles for the luxury market. Over the last few years the group acquired other companies in the sector including Brenta Suole from Rossimoda (LVMH group), Tresse and Lasertac.
Tre Zeta Group FY2021 estimated turnover is in excess
SDS Rx, a supply chain solutions provider focused on the last mile healthcare market backed by HCI Equity Partners, has acquired Mission Critical Delivery Solutions. Mission Critical is the second add-on acquisition since HCI’s platform investment. Financial terms of the deal have not been disclosed.
Mission Critical is a non-asset-based logistics management company that transports critical pharmaceuticals from long-term care pharmacies to patients, with on demand and same-day service. Mission Critical positions SDS Rx to expand service to existing customers in new geographies and adds route density in select geographies.
“We are excited to welcome the Mission Critical team
Halfords is to use the proceeds of a GBP63.4 million share placing representing 9.9 per cent of previously issued share capital, to acquire tyre and automotive servicing business, Axle Group Holdings. Efficiencies from the deal are expected to add GBP18 million to Halfords cash profits by year five, with a third of that coming in year one.
The group believes the acquisition is “both strategically and financially compelling, delivering on Halfords’ objective of evolving into a business more heavily weighted towards Motoring Services.”
Halfords shares rose 5.5 per cent following the announcement.
Matt Britzman, Equity Analyst at Hargreaves Lansdown, says:
Prometheus Group, a global provider of asset management operations and optimization software backed by Genstar Capital, has acquired Ventureforth, an Atlanta-based Oracle partner specialising in mobile apps and cloud solutions for asset maintenance, supply chain, work management, and more.
Financial terms of the acquisition have not been disclosed.
For over 25 years, Ventureforth has been a leader in mobilising Oracle, providing software solutions for essential workers in industries across the globe from manufacturing to facilities management to oil and gas, and other asset intensive industries.
“We are excited that Ventureforth will be joining our team,” says Eric Huang,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
