Allocations
A platform that helps parents and students to find online tutors has raised a further GBP3 million investment amidst a boom in business following the pandemic.
Tutorful has secured funding from Mercia’s Northern Venture Capital Trust (VCT) funds and NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund.
The Sheffield-based platform achieved a 376 per cent growth in revenue from online tuition during 2020 as students took to distance learning, whether to support their existing school or university studies or to learn new hobbies and skills. The triple-digit growth has
Ropes & Gray has advised Intermediate Capital Group (ICG) in connection with an investment by Aeternum Capital, Government Pension Fund Norway (Folketrygdfondet), Vind, GIC and certain existing institutional investors in Visma – a provider of business-critical software to private and public companies in Europe.
The transaction values Visma at EUR16 billion (~NOK165 billion).
Following completion of the transaction, Hg, a leading global investor in software and services, will continue to own a majority stake in Visma, alongside a group of co-investors comprising GIC, ICG, CPPIB, General Atlantic, TPG, Warburg Pincus, Visma management, and the new investors.
The Ropes &
Nordic Capital Evolution has signed an agreement to invest in the fintech company Qred. The investment will be made in partnership with Qred’s management and founders, with the goal of continuing to significantly expand the business across Europe together.
Since its inception in 2015, Qred has been a provider of financing and payment services to small businesses in the Nordics and the Netherlands, with its fully automated credit system, digital platform and easy, innovative solutions for entrepreneurs seeking financing. Nordic Capital will support the company in driving growth, investing in new products for responsible and inclusive lending, and increasing its
Monte Nido & Affiliates (Monte Nido), a portfolio company of Levine Leichtman Capital Partners (LLCP), has completed its acquisition of Walden Behavioral Care (Walden). Monte Nido is one of the USA’s most established eating disorder treatment providers.
Founded in 2003 and based in Waltham, Massachusetts, Walden is an industry pioneer, offering inpatient, residential, partial hospitalisation and intensive outpatient programmes in Massachusetts, Connecticut and Georgia. Walden opened the Walden Behavioral Care Center for Recovery in 2020, one of the largest 24-hour inpatient and residential care facilities dedicated to the treatment of eating disorders in the US.
Headquartered in Miami, Florida
Sentinel Capital Partners, a private equity firm that invests in promising companies at the lower end of the midmarket, has invested in a new partnership with Midwest Eye Consultants (Midwest Eye), a management service provider to eye care practices in Indiana and northwest Ohio. Midwest Eye is owned and managed by its founding doctors. The terms of the deal have not been disclosed.
Midwest Eye provides management services to one of the largest providers of integrated eye care services in Indiana and northwest Ohio. Midwest Eye’s affiliated optometry and ophthalmology practices provide patients with a full spectrum of eye care,
An affiliate of global alternative asset management firm HIG Capital (HIG) has sold Fiora Bath Collections to The Engineered Stone Group (ES Group).
Fiora is a leading manufacturer of resin shower trays, bathroom furniture, wall panels, washbasins, and other bathroom products, operating from a state-of-the-art manufacturing plant located in Nájera (La Rioja, Spain) and selling its products to over 30 countries.
Fernando Soriano, CEO of Fiora, says: “We would like to thank HIG for their close and trusting support and their strategic guidance over the last four years. Together, we have strengthened Fiora’s position as a leading shower tray
Diversis Capital Management (Diversis), a Los Angeles-based private equity firm focused on investing in software and technology-enabled services organisations, has announced the completion of Diversis Capital Partners II (the “Fund”), with USD675 million of total commitments three months after formal launch.
The oversubscribed fund includes a broad group of global investors and surpassed its target of USD500 million, as well as exceeded its inaugural fund raise of USD255 million raised in 2019.
The latest fund continues Diversis’s focus on making operationally-focused control private equity investments in lower middle-market companies. Led by Managing Partners Ron Nayot and Kevin Ma, who
BGF has invested GBP13 million into Bambino Mio. This is the largest investment ever in a reusable nappy firm in the UK, demonstrating the potential of the sector.
The funding will allow the business to expand and accelerate its growth, both in the UK and internationally. The GBP13 million investment will be used by Bambino Mio to drive multi-channel growth and increase spend across the firm’s infrastructure, marketing, brand and product development.
Founded in 1997 by husband and wife team, Guy Schanschieff MBE and Jo Schanschieff, Bambino Mio creates long-lasting, stylish and affordable reusable nappies for babies from birth
Numan, a European digital platform for men’s health, has raised USD40 million in a series B funding round to fuel its expansion and meet the growing demand for digital health services.
The round was led by White Star Capital, with participation from existing investors Novator, Vostok New Global, Anthemis Exponential and Colle Capital, and new investor Hanwha Dream Fund.
Offering an entirely digital service, Numan provides men with treatment for erectile dysfunction, premature ejaculation, hair loss, gut and lung health, and nutritional deficiencies. Blood tests for general health ‘MOTs’, which aid in determining the causes of conditions such as erectile
Precision fermentation company Formo has closed a USD50 million Series A financing round led by EQT Ventures, with Elevat3 Capital and Lowercarbon Capital as co-leads.
The round also saw participation from Lionheart Ventures, Happiness Capital, and Albert Wenger. Additionally, existing investors Agronomics, CPT Capital, Good Seed Ventures, Grazia Equity, and M Ventures participated in the round.
The startup will use the new funding to construct its pilot plant, fast-track its commercial-scale production, and grow the molecular biology and food science team. With the resulting increase in R&D capacity, Formo plans to expand its product portfolio to represent a wide
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
