Allocations
Victory Capital Holdings’ wholly owned operating subsidiary Victory Capital Management Inc is to acquire 100 per cent of New Energy Capital Partners (NEC).
NEC will become Victory Capital’s 11th Investment Franchise and represents the Company’s first Franchise focusing exclusively on alternative investments. Founded in 2004 and based in Hanover, New Hampshire, NEC is a leading alternative asset management firm focused on debt and equity investments in clean energy infrastructure projects and companies. The transaction is expected to close during the fourth quarter of 2021 and be immediately accretive to Victory Capital’s earnings.
David Brown, Chairman and CEO of Victory Capital,
Trustmary, a testimonial marketing platform, has closed its first funding round of USD2.2 million to drive growth both in North America and Europe.
The investment will be used to further intensify the company’s market entry while also strengthening marketing and development teams in both the European headquarters in Finland and the US headquarters in Minneapolis.
Since the launch of the first SaaS product, the company has rapidly gained hundreds of customers from USA, Canada, Germany, Finland, and Sweden. The round consisted of a USD1.34 million equity investment from Vendep Capital, a Northern European SaaS focused venture capital company and a
Thomas H Lee Partners (THL), a premier private equity firm investing in growth companies, has acquired a majority interest in House of Design, a provider of robotic automation systems and software for the construction market.
THL’s investment will strengthen House of Design’s existing capabilities and provide capital and resources for future growth investments. House of Design’s co-founders will hold minority positions in the Company. Terms of the transaction were not disclosed.
Founded in 2012 and based in Nampa, Idaho, House of Design is a leading provider of automated solutions for the building components and residential offsite construction industries. The Company
Paragon Metals (Paragon) has completed a new investment by affiliates of Stellex Capital Management (Stellex), a middle market private equity firm.
This additional investment by Stellex follows its purchase of Paragon in early 2019, at which time Stellex committed to provide capital to support additional growth. Following the investment, Paragon will have an underleveraged balance sheet and significant liquidity. The financial terms of the transaction have not been disclosed.
With three manufacturing facilities in southern Michigan, Paragon is engaged in the business of manufacturing, distributing, sourcing, and importing complex, tight tolerance precision-machined components and assemblies serving a variety of industries,
Pixieset Media (Pixieset), a Vancouver-based software solutions provider for photographers and creative professionals, has secured a growth investment from Susquehanna Growth Equity (SGE), an entrepreneur-centric growth equity firm exclusively focused on software and information services companies.
In conjunction with the transaction, Martin Angert, Managing Director at SGE, has joined Pixieset’s Board of Directors alongside Co-Founder & CEO Simon Wong and Co-Founder & COO Phoebe Jiang.
Founded in 2013, Pixieset’s mission is to support photographers and creatives across the world as they launch and grow their businesses. The Company’s platform includes tools to help photographers tell their story and manage workflow,
Piva Capital, a VC firm that’s backs ‘visionary’ founders and emerging technology companies transforming industry, has appointed Mark Gudiksen as the firm’s second Managing Partner and Roxanne Tully has joined as an Investor.
Founded in 2019, Piva Capital believes emerging companies need investors who are global, fast-moving, engaged, supportive, and connected. The firm takes a thesis-driven approach that includes using an Environmental, Social, and Governance (ESG) framework to create value, having invested in 11 companies redefining trillion-dollar markets such as agriculture, manufacturing, chemicals, transportation, and energy.
Recent investments include Boston Metal, a company accelerating industrial-scale deployments of molten oxide electrolysis
Oakley Capital’s Oakley Capital Origin Fund (Origin Fund) is investing USD35 million to acquire a minority stake in Seedtag, a specialist in contextual advertising in EMEA and Latin America.
Founded in Madrid in 2014, Seedtag helps brands and agencies to deliver digital advertising that is directly relevant to the content that readers are consuming. Oakley’s investment will support the Company’s expansion into the US and fund further investment in its contextual AI technology at a time of profound change for the advertising industry.
Over the coming years, the increasing importance of consumer privacy and GDPR rules is expected to
Global fintech MODIFI has raised USD24 million in a Series B funding round, which brings its valuation to more than USD120 million.
The round was led by new investor Heliad Equity Partners with a co-investment from Neva SGR, the venture capital investment vehicle of Italy’s leading banking group Intesa San Paolo. Existing investors also participated significantly, including Global Founders Capital, Maersk Growth and Picus Capital. The funds will be used to grow MODIFI’s digital trade finance platform for SMEs into a global trade management hub.
MODIFI is the only digital trade finance platform for SMEs that spans the three
The investment will be used to significantly increase the company’s product and engineering teams to further develop its platform, alongside building its commercial team to support the growth of new and existing customers.
HHAeXchange (HHAX), a provider of homecare management solutions for payers, providers, and state Medicaid agencies, has secured a new investment from Hg, a global investor in software and services.
Cressey & Company LP (Cressey), a leading healthcare-focused private investment firm which first partnered with HHAX in 2018, will continue to be a significant investor in HHAX. Both investors will share joint governance of the business.
Greg Strobel, CEO of HHAeXchange, says: “We are proud to welcome Hg to the team for this next chapter of HHAeXchange’s continued success. With Hg’s track record of growing technology businesses and Cressey’s specialist
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
