Allocations
EQT Ventures has led a EUR4 million funding round in Helsinki-based mobile games studio Reworks, as well as the official release of its first game Redecor, a home decor game.
Play Ventures and Anton Gauffin, founder and CEO at Huuuge Games also joined the round. The fresh capital will be used to expand and develop Redecor, according to the company.
EQT Ventures partner Lars Jornow joins the board at Reworks, bringing with him experience from King, where he helped create its first Facebook and mobile games including Candy Crush Saga. He also led EQT Ventures’ exit of Small Giant Games
One Utility Bill, a tech firm focused on simplifying utility billing for tenants, landlords and letting agents, has raised GBP1.7 million to further develop its platform and expand its business. The funding round was led by DSW Angels, the venture capital business of the Dow Schofield Watts group, and included existing investors the North East Innovation Fund, supported by the European Regional Development Fund and managed by Northstar Ventures.
One Utility Bill, which is based in Newcastle, consolidates household bills into one simple monthly payment, which can be split equally between housemates. The company manages energy, water, broadband, media and TV
Ingenious today announces that its Infrastructure Ventures EIS Service has led a USD4 million A-series investment round in Shoreline. The Norway-based start-up has built an intelligent field operations and project development platform to help develop profitable wind projects by constructing and operating them efficiently using schedule optimisation and simulation.The investment will allow Shoreline to capitalise on the rapid growth in the renewables market, which it believes has resulted in larger and more expensive projects. Shoreline will also be able to enhance its service to existing wind farms and assets that require service providers, project developers, OEMs, and operators to look
LGB Corporate Finance has advised multinational advertising and media company Whalar on the establishment of a secured working capital facility from Praetura Commercial Finance, an alternative debt and equity funding business.Based in London, with offices in Berlin, Los Angeles, Malaga, New York, and Singapore, Whalar is a modern media agency which employs around 100 people across its global structure. The company specialises in technology-driven influencer marketing and branded content, and is the only approved partner to Facebook, Instagram, and Snapchat within this space.
Whalar’s tech platform is home to over 5,000 influencers from across the world with a combined follower
IW Capital today announces the completion of a GBP2 million investment in GPDQ, providing a welcome boost to healthcare provision in the UK as demand surges during the Covid-19 pandemic.GPDQ delivers CQC-certified primary healthcare services by mobilising innovative NHS GPs, nurses, pharmacists and other specialists to meet patient demand right across the UK. As the leading multi-channel doctor-on-demand service, The Company has been using its technology platform to connect its extensive network of clinicians with thousands of NHS and private patients through home visits, in-clinic or via video since 2015.
The investment from private equity specialists IW Capital will be
CVC Credit Partners has managed to raise USD657 million for its second US focused direct lending fund, CVC Credit Partners US Direct Lending Fund II. Fund II will follow the same strategy as its predecessor fund, investing in established US middle market businesses. Fund II surpassed its USD500 million target and is also larger than its predecessor fund. Fund II enjoys a diverse investor base of institutional capital, including pension funds, insurance companies, asset managers, and private wealth, spread across North America, Europe, Asia, and Australia.
CVC Credit’s US direct lending strategy seeks to provide investors access to a diversified and
Macfarlanes has advised private equity firm Epiris on the completion of the sale of TI Media, the large UK publisher previously known as Time Inc UK, to Bath-based media company Future.TI Media owns a diverse portfolio of publications including Ideal Home, Wallpaper and Horse & Hound, and sells over 350 million magazines every year.
Macfarlanes also advised Epiris on the purchase of TI Media from Meredith Corporation in February 2018. Since the purchase, Epiris has refocused the business, selling several titles and its portfolio of comics. This will be the first significant realisation of Epiris Fund II.
The Macfarlanes
TigerRisk Partners, a risk, capital and strategic adviser to the global insurance and reinsurance industry, has partnered with private equity firm Flexpoint Ford to enhance its ability to assist clients as well as provide additional capital and expertise in the current unprecedented market environment.TigerRisk’s management team, including CEO and co-founder Rod Fox, and president Rob Bredahl, will remain in their current roles. Current employees will remain significant shareholders in the company.
“Our partnership with Flexpoint Ford will provide us with the added resources to help our clients navigate this difficult period, capitalise on a dynamic competitive landscape and continue our
Alternative investment specialist, Aquila Capital, has secured further capital commitments for its infrastructure fund, ACIF. The fund’s volume now exceeds EUR200 million. The defensive fund, with a focus on Core and Core+ investments in OECD countries, achieved a further net growth of 9.5 per cent for the full year 2019. Since the fund’s launch, the ACIF has posted positive performance in each quarter, thereby avoiding the so-called ‘J-curve’.
The performance of the fund is mainly driven by positive financial contributions through direct and co-investments, appreciations as well as dividends from the target funds. The portfolio currently consists of more than 180
Global private equity secondary deal flow could fall by as much as 40 to 50 per cent this year, compared to 2019, as the repercussions of coronavirus play out over the next few quarters. But for those operating in the lower middle-market, discounted opportunities could be highly attractive.
Last year, transaction volumes exceeded USD85 billion, a jump of 7.2 per cent on 2018. But those numbers are going to look markedly different come the end of 2020, as the expected number of completed transactions fall over valuation gap fears.
Across the PE secondary landscape, it is possible that overall deal
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
