Allocations
Altada Technology Solutions (Altada), a global artificial intelligence (AI) platform solution provider which creates operational efficiencies for clients by leveraging cutting edge AI to unlock value in data, announced today a USD11.5 million funding round led by Rocktop Partners alongside Elkstone Partners and Enterprise Ireland.
With over 70 employees across the US and Europe, Altada is focused on building upon its work in financial services and responding to a rapidly increasing demand for AI solutions in healthcare, security, and travel. This new infusion of capital will support the hiring of over 100 new employees across Altada’s global offices in the
An affiliate of Peak Rock Capital (Peak Rock), a middle-market private investment firm, has completed an acquisition of SAM Companies (SAM), a provider of geospatial services to utility, transportation, and broader infrastructure clients.
The SAM management team, which is headquartered in Austin, Texas, will maintain a meaningful ownership position in the Company.
SAM’s comprehensive service offering includes surveying and building information modelling, geographic information systems and aerial mapping, utility engineering, program management, and inspection services. SAM provides value-added technical services and a full spectrum of geospatial data solutions to capture, analyse, and deliver the most accurate and reliable data, and
Registered Investment Advisor (RIA) Mercer Global Advisors, which is majority owned by Oak Hill Capital and Genstar Capital, has acquired Quest Capital Management, a wealth management firm located in Dallas, Texas.
Quest serves approximately 660 clients with assets under management (AUM) of approximately USD1.5 billion. Quest was founded in 1987 and is managed by its six shareholders Kalita Blessing, CFP, CAP, AEP, CSRIC, President, Dennis Moore, CFP, MBA, Chief Operating Officer, Robert Cox, CFP, CDFA, Wealth Advisor, Chandler Ferguson, CFP, CIMA, Wealth Advisor, Carl Kunhardt, CFP, CIMA, AEP, Wealth Advisor, and Chris Young, CFP, CPWA, AEP. Quest offers comprehensive wealth
KonfÃo, a technology company aimed at boosting the growth and productivity of companies in Mexico, has closed a USD110 million extension of its series ‘E’ capital raising round at a USD1.3 billion valuation.
This completes KonfÃo’s Series E round for a total of USD235 million.
KonfÃo, founded and led by David Arana, will use the funds to primarily expand its platform offer in Mexico, and to boost the market reach of KonfÃo’s payments solutions and business tools. KonfÃo’s use of capital has become increasingly efficient as the number of funding options has continued to increase, and funding terms improve
A company that restores and resells luxury handbags to clients worldwide has raised GBP800,000 from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia, and private investors, to support its growth.
The investment will allow Handbag Clinic to create around 20 new jobs at its premises in Burnopfield, Co Durham, further develop its technology and strengthen its senior management team.
As part of the investment, the company has appointed the former CEO of Claire’s Accessories, Beatrice LaFon, as Chair and Ian Griffiths, founder of WhoCanFixMyCar.com, another company backed by Mercia, as
G2 Venture Partners, a venture capital firm building and supporting technology companies digitalising traditional industries, hired Neel Mehta and Charlie Klene.
Mehta joins G2 as an Investor, having previously been an early operator at Zoox – a 1,000-plus person start-up developing fully autonomous, all-electric vehicles for urban ride-sharing. During his five-year tenure, Neel led Strategy, Go-To-Market, Corporate Development, and FP&A teams, supported industry-record capital raises, and, most recently, served on the core deal team in Zoox’s acquisition by Amazon. Prior to Zoox, Mehta was at Morgan Stanley, where he covered automotive stocks with top Wall Street Autos Analyst, Adam Jonas.
Clean Energy Systems (CES), a pioneer in oxy-combustion technology, raised USD15 million in a Series A funding round led by Carbon Direct Capital Management (Carbon Direct).
By Robin Pagnamenta – Private equity firms have been enjoying an unprecedented boom amid a frenzy of dealmaking over the past 18 months.
But as funds scramble to pursue target companies and bolster their portfolios, the industry is undergoing profound changes in the way it operates. This is because investments are no longer being measured by traditional financial metrics alone.
These days, the industry is thinking hard about the environmental, social and governance (ESG) factors underpinning every deal.
No longer a ‘nice to have’
ESG is a trend that has become impossible to ignore and which appears set to intensify over
STRAT7, a marketing and customer analytics consultancy, has acquired Incite. The acquisition marks another important milestone in the development of STRAT7 and further enhances its global strategic insight and consulting offer, less than a year after the acquisition of cultural trend specialists, Crowd DNA.
Incite, formerly part of Kin + Carta plc, blends ‘commercial acumen with human empathy, curiosity and creativity’, to unlock opportunities for its clients. Incite’s three practices – Research, Planning and Strategy – provide insight-based consulting services to brands and businesses using a wide range of techniques and methods.
Founded in 2000 to blend specialist insight with
Pitalia Capital, a North West-based investment firm, has backed Bolton-headquartered CCM Motorcycles (CCM) with a significant investment as the company looks to kickstart an international growth drive.
Founded in 1971 by the late Alan Clews, CCM is a specialist motorcycle manufacturer renowned for innovative design and synonymous with multiple successes in motocross, flat-track, trials, supermoto and road racing competitions.
It is best known for its critically acclaimed Spitfire series and has been developing market-leading motorbikes across its range of dual sport, supermoto and modern retro models from its factory at Jubilee Works in Bolton for the last 50 years.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm