Allocations
European credit investment firm AlbaCore Capital Group (AlbaCore), is making a sustainability-linked investment of up to USD200 million in Babylon Holdings Limited (Babylon), one of the world’s fastest-growing digital healthcare companies.
The interest rate on the notes is tied to the delivery of affordable healthcare to under-served populations.
The proceeds will provide Babylon with additional capital ranging from USD100 million to USD200 million of debt, with the investment level to be determined at Babylon’s option upon closing of the merger with Alkuri Global Acquisition Corp. (Alkuri), a publicly traded special purpose acquisition company. The merger is expected to close
ClearCourse Partnership (ClearCourse), a group of technology companies providing useful, integrated software solutions, is to acquire TISSL, a supplier of point of sale (POS) solutions to the hospitality industry.
The acquisition strengthens ClearCourse’s offering in these sectors and provides further opportunity for integration of its ClearAccept platform. TISSL will join the Group’s Retail division. Following the deal, TISSL’s Founder Kevin Coetzee will step away from the leadership of the business to retire. He passes the role of Managing Director to Sam Peterson, formerly Finance Director of TISSL.
Founded in 2003, TISSL provides point of sale solutions to restaurants, cafes
Summa Equity has signed a definitive agreement to sell Lakers Group Holding (Lakers), an independent aftermarket service provider of water and wastewater pumps to Vestum AB (publ) (Vestum) for a total consideration of approximately SEK2 billion, of which cSEK250 million will be reinvested into Vestum.
Since Summa Equity’s acquisition of Lakers in 2018, the Company has grown rapidly through organic initiatives and a series of 14 acquisitions across the Nordic region, United Kingdom and Germany.
“Our investment in Lakers was founded in Summa Equity’s philosophy of investing to solve global challenges, and Lakers solves issues with our ageing water and
Cornami has completed an early close to its currently over-subscribed USD50 million Series C financing led by SoftBank Vision Fund 2 to bring Fully Homomorphic Encryption (FHE) to market.
Others participating in this round include institutional investors as well as other existing investors and insiders.
FHE is a game-changer in cloud-computing security as it allows for extracting valuable data analytics without ever decrypting the data to expose the underlying plaintext data, whether it is sensitive intellectual property (IP), financial information, personally identifiable information (PII), intelligence insight, or beyond. The current costs and damages associated with the growing number of cybercrimes
Permira, a global private equity firm which backs tech-enabled businesses, has signed an agreement with software investment firm Thoma Bravo, to make a significant strategic investment in Motus, a reimbursement software platform for the anywhere workforce.
As part of the transaction, existing investor Thoma Bravo plans to reinvest and remain a significant investor in Motus. Financial terms of the transaction were not disclosed.
Established in 2004, Motus provides end-to-end, proprietary software to simplify the reimbursement and management of vehicle, device and remote work costs, and is a pioneer of the IRS-approved fixed and variable rate (FAVR) reimbursement methodology. Following
An investment group led by the Public Investment Fund (PIF), and also comprising PCP Capital Partners and RB Sports & Media, has completed the acquisition of 100 per cent of Newcastle United Limited and Newcastle United Football Club Limited (Newcastle United) from St James Holdings Limited.
Manulife Investment Management has closed Manulife Co-Investment Partners II (MCIP II), a USD683.5 million private equity co-investment fund, which exceeded its original target of USD600 million.
MCIP II is the firm’s second co-investment fund, primarily investing in a diverse portfolio of North American middle market companies. MCIP II further fulfils Manulife Investment Management’s commitment to provide global investors access to its private market capabilities across private equity and credit, infrastructure, real estate, timberland, and agriculture.
“We are pleased to have closed the Fund above target – and well in excess of the size of our first equity co-investment fund,”
Kentik, the network observability company, has closed a USD40 million Series C funding round led by existing investor Third Point Ventures.
Investors from prior rounds – August Capital, Tahoma Ventures, DCVC, Engineering Capital and Vistara Growth – were joined by new investors Golub Capital, Gaingels and Delta-v Capital to complete this round. To date, Kentik has raised USD102 million in total financing.
With the explosion of digital business, the API economy and consumer expectations for instantaneous service, applications rely more than ever on network health and performance. At the same time, those networks are increasingly diverse and no longer
HIG Capital (HIG) has completed the recapitalisation of Health Network One and its various affiliates and subsidiaries, a provider of specialty benefit management services for health insurers.
Founded in 1999, Health Network One partners with health plans to optimise care across a number of specialties, including Physical, Occupational and Speech Therapy; Dermatology; Vision and Ophthalmology; Podiatry; Gastroenterology; and Urology. Through the Company’s comprehensive network of over 10,000 providers and dedicated in-house clinical expertise, Health Network One helps deliver high quality and convenient healthcare to over five million covered lives. In addition to helping drive medical outcomes, Health Network One’s cost-effective
Insurity, a leading provider of cloud-based software for property and casualty (P&C) carriers, brokers, and MGAs today announced that it has completed the acquisition of Maprisk.
Maprisk provides geospatial data and analytics software to enable underwriting automation and allows P&C carriers and MGAs to smartly plan and proactively respond to natural disasters. With the addition of Maprisk to the Insurity suite, P&C carriers and MGAs writing personal and commercial lines can seamlessly integrate geospatial data and analytics across the full policy lifecycle, from quoting and underwriting to claims.
The acquisition of Maprisk builds on Insurity’s prior acquisition of SpatialKey, the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
