Allocations
Nauta Capital, the pan-European Venture Capital firm investing in capital-efficient B2B software companies, has made the final close of its oversubscribed fifth fund at EUR190 million.
With a EUR120 million first closed in 2020 – at the height of global pandemic – the fund’s final close brings the firm’s assets under management to EUR550+ million, making Nauta one of Europe’s largest venture capital firms specialising in B2B startups.
Simultaneously fundraising and investing, Nauta has invested in 11 companies across Europe from the new fund since its launch.
Carles Ferrer, Nauta’s London-based General Partner, says: “It has
Fintso, the new age B2B2C WealthTech platform, has announced the acquisition of WealthMagic – a SaaS provider in the wealth management space.
The specific financials of the deal remain undisclosed although it is a part-equity and part-cash transaction. The acquisition by Fintso is aimed towards extending its platform to reach the next billion investors in India by equipping and providing multi-product solutions to the distributors who are key to this wave of financial inclusion.
WealthMagic is one of the largest SaaS providers to mutual fund distributors, transforming their back and front office operations. WealthMagic was launched in 2016 by Datacomp
Prepaid Technologies, a Birmingham, Alabama-based provider of prepaid digital payment solutions, has raised USD96 million in new growth financing in a funding round led by Edison Partners, a growth equity firm.
StepStone Group (which recently acquired venture capital platform Greenspring Associates) co-led, while Stifel Venture Bank, a Division of Stifel Bank, and Top Tier Capital Partners also participated. The company will use the proceeds to accelerate its market expansion and continue to advance its category-leading technology payments platform and customer-focused prepaid solutions.
Analysts estimate USD120 trillion in business payments are still check-based, and service providers are fragmented across multiple vendors
Len The Plumber (LTP), a full-service residential plumbing company headquartered in Baltimore, Maryland, and a portfolio company of St Louis-based private equity firm Thompson Street Capital Partners, has completed the acquisition of Service Today, Heating & Cooling Company (Service Today).
Service Today is a full-service provider of residential HVAC, plumbing, electrical and indoor air quality services located in Federalsburg, Maryland. Service Today was founded in 2000 and serves the Eastern shore of Maryland and Delaware across 5 locations. Service Today’s founder, Ed Collier, currently spends several months away from the business and plans to fully retire after a 6-month transition.
Arsenal Capital Partners (Arsenal), a private equity firm specialising in building healthcare businesses, has acquired Guidemark Health (Guidemark), a healthcare marketing communications, training, and medical education agency. Guidemark is the third acquisition for Arsenal’s Value Demonstration organisation, following the acquisitions of BresMed Health Solutions and Cello Health plc (Cello Health) in 2020.
Arsenal has brought these companies together to create a unique combination of solutions to develop and communicate evidence of value to optimise patient access to new therapies.
US-based Guidemark enables biopharmaceutical companies to stay “One Need Ahead” through patient-centric healthcare marketing, education, and engagement. Its deep customer engagement
According to data presented by Stock Apps, European IPO activity jumped by 330 per cent YoY, with the combined value of deals reaching USD89 billion last week. The total value of deals 75 per cent higher than in the last two years combined.
After a record-breaking first half of the year, global IPO activity has slowed down in the third quarter, driven by inflation concerns, tightening of the monetary policies by central banks, supply chain disruptions, and worries about the post-lockdown economic recovery. Although the total value of deals hit USD112.3 billion, down from USD122.3 billion in the same period
Palatine’s Impact Fund has made its first exit with the sale of Estio Training to global education provider BPP Education Group.
Estio is a specialist provider of NVQ level 3 and level 4 IT and digital apprenticeships, provided through its online delivery model. The Leeds-based company addresses a national, growing IT skills gap by making it easier for candidates to be successfully matched with funded industry training places, leading to excellent new or enhanced career prospects in the growing and sought after skill area of IT and digital technology.
The exit has generated an excellent return for Palatine, providing
Victory Capital Holdings’ wholly owned operating subsidiary Victory Capital Management has closed on its previously announced acquisition of New Energy Capital Partners (NEC). The transaction is immediately accretive to Victory Capital’s earnings.
David Brown, Chairman and CEO of Victory Capital, says “Closing on our first Investment Franchise exclusively managing alternative investments is a major milestone for our Company. This new platform creates additional growth opportunities in an attractive and expanding asset class and market sector. With multiple, well-established distribution channels, Victory Capital is ideally positioned to serve as a growth catalyst for high-quality alternative investment managers.”
NEC becomes Victory Capital’s
Alarm and event handling company Skyresponse has raised EUR5 million through a combination of investment from venture capital investor Nordic Eye and existing shareholders.
The additional capital will help drive the company’s success story from the Nordic markets into Europe.
Skyresponse is an established and trusted Swedish Software-as-a-Service (SaaS) company which offers a 100 per cent cloud-based alarm management platform used by major international care and security organisations across the public and private sectors, offering a flexible, secure, and resilient alarm management platform solution for: Alarm response centres; technology enabled care; supported housing and retirement living; residential and domiciliary care;
Puma Private Equity, the private equity division of Puma Investments, has completed follow-on funding of GBP5 million into fast-growing business Connectr – the leading HR tech platform for building businesses where people belong.
This latest round brings Puma’s total investment into the company to GBP8.7 million.
Connectr, formerly known as MyKindaFuture, was founded in 2011 with the aim to help emerging talent develop employability skills whilst supporting employers to engage, recruit and retain top talent. Today, Connectr partners with more than 80 FTSE employers to deliver a mentoring solution for all people, including early talent, candidates and employees.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
