Allocations
Palatine Private Equity has backed Acora, a managed IT services provider, as it looks to expand its service capabilities through a buy-and-build strategy.Acora has traded for more than 25 years, providing a range of IT support and cloud solutions to help mid-market organisations modernise infrastructure and operate in the digital economy. It offers a full service suite, from service desk through to cloud transformation and ongoing managed service of cloud applications and infrastructure.
David Rabson, CEO of Acora, acquired the business through a management buyout in 2008. Since then, the business has developed from a traditional service desk provider
Cache Ventures has partnered with 360 Family Office to launch a private equity fund, kicking things off with its first acquisition, LeadOwl.Since 2013, Cache has been entirely self-funded. Founders Sean Heilweil and Jarrett Lusso began by building and launching Exit Monitor, which was acquired in August 2016 by Kaleidoscope Global. Their experience building, growing, and exiting the company inspired them to embark on a non-traditional route. As a venture studio, Cache set its sights on building an organisation that aimed to repeatedly build new ideas. Thanks to existing infrastructure and resources, Cache Ventures has been able to increase its chances of
Privitar, a data privacy platform provider, has completed an USD80 million Series C funding round led by Warburg Pincus, with participation from Accel, Partech, IQ Capital, Salesforce Ventures and ABN AMRO Ventures.The investment comes less than a year after a USD40 million Series B funding round led by Accel in June 2019. This raise enables Privitar to further accelerate the development of its data privacy platform, fuel continued innovation, and support key growth initiatives, with a focus on international expansion and increased hiring across sales, services, product development, and other areas of the business.
“The Privitar platform enables our customers
MMC Ventures and Forward Partners have co-invested USD7 million in a Series A round for London-based data streaming startup Ably.
MMC Ventures invested from its GBP52 million MMC Greater London Fund, launched in May 2019, which forms part of the Mayor of London’s initiative – the Greater London Investment Fund.
The capital injection will be used to scale, as demand for real-time around the world escalates.
Ably provides cloud infrastructure and APIs that enable developers to deliver live experiences to their users. Large enterprises and high-growth tech companies choose Ably to offload the technical and operational burden required to deliver
Global software investor Insight Partners has held a final close of its growth equity fund Insight Partners XI at USD9.5 billion, with support from Insight’s existing, as well as new, investors.
Fund XI is one of the largest global funds focused on investing in scaleup software companies, businesses that have advanced from the startup phase and are positioned for rapid growth that includes major milestones like global expansion, M&A, and IPO, according to Insight Partners.
The fund is expected to invest between USD10 million and USD350 million of equity in a company, although larger transactions are also possible.
“First and
“The greater the obstacle, the more glory in overcoming it.” – Molière
These are extraordinary times; a defining moment in our collective history. Covid-19 has forced over one billion of the world’s population into lockdown, and while many businesses are adjusting to remote working, the repercussions for non-human contact in a people-centric industry like private equity are significant.
Substantive Research Limited, a provider of research analysis to asset managers, has secured a GBP800,000 growth capital investment from Foresight Group.Read the full story at Institutional Asset Manager…
Harbert European Growth Capital Fund II, SCSp (HEGC) has funded Cubyn with venture debt capital. Cubyn is a Paris-based third-party, technology driven logistics and warehouse fulfilment provider for merchants, serving principally e-commerce marketplaces across Europe. The debt will be used to help Cubyn continue its expansion across France and help provide global merchants a means to selling into Europe. It will further help Cubyn accelerate its automation projects within their warehouses in France.
Cubyn commits to being able to reduce logistics costs for merchants and marketplaces by up to 30 per cent while improving the quality of shipments. They are able
Franz B & Cie (Haniel) is to acquire 50.1 per cent of Emma – The Sleep Company (Bettzeit). Its two founders, Manuel Müller und Dr. Dennis Schmoltzi, will each retain a 24.95 per cent stake in the company and will continue to drive Emma’s international expansion as active CEOs.“With Emma, we are very pleased to have won a young, innovative and at the same time fast-growing company with many unique selling propositions for the further transformation of our portfolio,” says Haniel CEO Thomas Schmidt.
The founders also see a benefit for their company in the cooperation with Haniel, as Co-CEO Dr Dennis
venBio Partners has closed the venBio Global Strategic Fund III (venBio Fund III), its third life sciences venture capital fund, exceeding its target with approximately USD394 million in capital commitments.The capital was raised from existing and new investors, including a broad range of institutional investors comprising pharmaceutical companies, corporate pensions, financial institutions, endowments and foundations, family offices and funds-of-funds.
Led by Managing Partners Corey Goodman, PhD, Robert Adelman, MD, and Aaron Royston, MD, venBio Fund III will continue to invest primarily in therapeutics companies that are developing biopharmaceuticals for unmet medical needs. The venBio team typically leads or co-leads investments
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
