Allocations
VavaCars, a Turkey-based online trading platform for buying and selling used cars has raised USD50 million to expand its operations in Turkey and Pakistan.
Duquesne Family Office LLC (founded by Stanley F Druckenmiller), founding investor, Vitol, plus one other new investor participated in the round.
Since VavaCars’ launch in April 2019 in Turkey, where it operates in close partnership with the leading fuel retailer, Petrol Ofisi, the Company has traded more than 10,000 cars, and has grown to 300 employees. The Company has been growing GMV by an average of 30 percent month-on-month serving the wholesale and retail market with
Prophix, a specialist in Corporate Performance Management (CPM) software, has acquired Brussels, Belgium-based Sigma Conso, a CPM software and services provider specialising in financial close management and financial planning and analysis.
Prophix has acquired Sigma Conso from Fortino Capital, a European B2B software investor. The acquisition will see Sigma Conso’s technology being added, and eventually integrated, into the Prophix solution. Similarly, their employees will now become part of the Prophix organisation.
As a specialist in cloud-based CPM, Prophix enables mid-market companies across multiple industries worldwide to improve their financial reporting capabilities, while also standardising and streamlining the budgeting process to
Vertical Aerospace (Vertical), a global aerospace and technology company specialising in zero-emissions aviation, has secured over USD200 million in additional financing to support its path to scale production and certification of the VA-X4 electric vertical take-off and landing (eVTOL) aircraft.
Vertical is targeting the highest global certification for its VA-X4, which is expected to achieve the equivalent safety standard of a passenger jet by 2024 (based on the expected standards promulgated by the CAA and EASA).
Mudrick Capital Management (Mudrick Capital) will invest USD200 million in Vertical through convertible senior secured notes. In addition, Kouros SA, a firm specialising in
HelpSystems has acquired Digital Guardian, a SaaS provider of data loss prevention (DLP) solutions for large and mid-sized organisations.
Digital Guardian’s solutions give customers visibility and protection of their data across many operating systems and applications. The company also provides a popular managed service that operates as an extension of their customers’ security teams to protect sensitive data from threats originating inside and outside the organisation.
The team and solutions from Digital Guardian will fit into HelpSystems’ data security portfolio, and combine with powerful security solutions such as GoAnywhere, Clearswift, Agari, and Titus. In addition to extending HelpSystems’ DLP
InCloudCounsel, a specialist in Contract Automation and Intelligence, has secured USD200 million in Series B funding in a round led by funds managed by Blackstone, with participation from existing investor, Battery Ventures, and board member, Mike Paulus.
Berlin Packaging, a Hybrid Packaging Supplier, has signed a binding commitment with O-I France SAS by which Berlin Packaging France SAS would acquire the Le Parfait business and brands.
Founded in Reims, France, in the early 1930s, Le Parfait is known for its iconic glass jars and lids manufactured by O-I France SAS and its affiliates. The brand is popular in France, born from the tradition of homemade preserves, jams, honeys, and terrines that are delicious and long-lasting. Assembled with orange rubber seals, the jars are easily identifiable for consumers and ideal for preserving food while reducing waste. Both glass
Private investment firm Auxo Investment Partners has acquired Genesis Rail Services, a full-service US railroad maintenance company.
As part of the transaction, Cody Harman, son of company founder Jeff Harman, will retain a minority ownership stake in the company and continue in his role running day-to-day operations. In addition, railroad industry veteran John McPherson will serve as Auxo’s operating partner and a board member.
Founded in 2009, Genesis Rail Services provides outsourced mission-critical maintenance of way (MOW), mechanical and construction services to Class I, Class II and industrial railroads across the country. Class I railroads are the largest railroad
A new report published bg Preqin — ESG in Alternatives 2021: Navigating the Climate Crisis — reveals that, as of October 2021, there is USD3.1 trillion of private capital assets under management (AUM) by firms that are committed to ESG investing. This compares with USD8.52tn of private capital AUM globally, or 36 per cent of the total.
Fund managers with established ESG policies are also responsible for a significant portion of total private capital fundraising. Preqin estimates that ESG-committed managers raised USD403 billion in the first nine months of 2021, compared to USD506 billion raised throughout the whole of
Market research platform Attest has raised USD60 million in Series B funding bringing total funds invested in the company to over USD85 million.
Attest has achieved record revenue growth during the pandemic, driving the accelerated importance of customer and market understanding to organisations who are seeking competitive advantage and business growth. Attest has continued to support and grow its ever-expanding roster of clients, including Microsoft, Santander, Walgreens/Boots, Wise and Klarna.
This latest round will help further accelerate Attest’s already rapid expansion in both Europe and North America, as well as the company’s mission to make high quality research simple, fast
365 Response, a Wakefield-based digital transport management and eProcurement software provider, has acquired Redcar-based transport technology solutions business, Flexiroute, after securing follow-on funding from the founders and growth capital investor, BGF.
Just one year on from BGF’s initial GBP3 million investment, this new partnership brings together two providers of Home-to-School and NHS transport software in the UK, working with some of the largest councils and trusts in the country. A combined fifty years’ experience across the Group will drive rapid improvements in service by harmonising the best in sector technologies, for the benefit of over 200 public sector and private
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
