Allocations
Quorso, a platform for managing business performance improvement, has closed a USD5.2 million Series A funding round, led by OMERS Ventures and joined by existing investor Hambro Perks.
Quorso will use the fundraising to accelerate its global commercial expansion. The Quorso platform makes performance improvement effortless; by surfacing insights, taking action, measuring impact and scaling success — all in a single tool. Harry Briggs, managing partner at OMERS Ventures, will join Quorso’s board of directors.
“Every business in the world is focused on improving performance. And as data gets richer and more accessible, there is no shortage of smart insights.
It is becoming increasingly clear that private equity investors are training their sights on how GPs think about ESG issues. The degree to which they engage on the topic, and their approach to influencing portfolio companies, is now firmly entrenched in manager selection and it is a trend that is not likely to reverse anytime soon.
New London-based investor, Inspirit Capital, is to focus on acquiring and transforming small and medium-sized businesses that are experiencing strategic, operational or financial complexities.
Inspirit Fund I successfully hit its GBP50 million hard cap attracting committed capital from a select group of blue-chip institutional investors for investment in UK headquartered businesses. This comes at a time when domestic and global market dynamics, as well as the political backdrop, are impacting many UK businesses, which in turn is creating an interesting environment for special situations investors.
Despite this opportunity, the number of special situations investors operating with committed capital in
BID Equity, a DACH-region software buyout specialist, has closed BID Equity Fund II at its hard cap of EUR125 million in its second and final close, with a significant additional commitment by the BID Equity team.
Hamburg-based private equity firm BID Equity is pleased to announce the successful final closing of its advised BID Equity Fund II, the first institutional fund following three years of deal-by-deal investment activity in the small-cap software space in Europe.
BID Equity Fund II attracted a diversified group of institutional blue-chip investors, international family offices and entrepreneurs from Europe and the US. The Fund was
Iotic has secured investment of EUR7.5million to accelerate growth and meet increasing demand for its digital twin technology.
Iotic enables enterprises and their ecosystems of assets, objects, companies and people to interact automatically and securely. The digital software company provides the secure operating environment and tools to create digital twins of any thing, enabling their secure interactions, and building true interoperable ecosystems.
The investment from leading European VCs; IQ Capital, Talis Capital and Breed Reply, will drive rapid deployment, deepen channel partnerships and expand market adoption of its patented Iotic Operating Environment, Twin technology and Event Analytics. The funding
BlackRock’ has held the first close of the European Middle Market Private Debt Fund II, its European direct lending strategy, with EUR1.5billion in commitments – including segregated mandates.
The fund is managed by Stephan Caron.
The first close of EMMPD II has surpassed the final close of the previous fund (EMMPD I). The Fund has received commitments of EUR1.2 billion with a further EUR300 million in segregated mandates equating to EUR1.5 billion from 24 investors since its launch in June. The previous strategy held its final close at EUR1.1 billion, excluding separate accounts
The fund has received commitments from both
Private equity firm Lonsdale Capital Partners’ (Lonsdale) portfolio company Cross Rental Services Group has completed the acquisition of Swegon Hire UK (Swegon).
The acquisition cements Cross’ position as one of the largest specialist chiller, boiler, heating & air conditioning rental companies in the UK and Irish market.
Lonsdale has now completed thirteen bolt-on acquisitions for its portfolio companies and eight platform investments, since closing its first institutional fund of GBP110 million in April 2016.
Cross, which Lonsdale acquired in December 2018, is a market leading provider of rental equipment to both retail and commercial customers. It was established
Ardenton Capital Corporation (Ardenton) has acquired Pebbles Care, a provider of residential care and education for young people across the United Kingdom. This is Ardenton’s sixth investment in the UK.
Headquartered in Leeds and Dunfermline, Pebbles currently operates 41 residential care homes and four schools, providing care and education across the North of England and Scotland for more than 100 young people.
Ardenton will work closely with the business’ management team, and the investment will support Pebbles in its roll-out of best-in-class service for young people.
The company was founded in 2003 when company director Luiz Guilherme opened Pebbles House
Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, has acquires a 24.9 per cent stake in the public-private partnership (PPP) contract for the trains, systems, operations and maintenance of Sydney Metro, Australia’s biggest public transport project, which includes both the North West and City & Southwest lines.
The total value of the transaction is AUD167 million (CAD150 million). Other investors include MTR Corporation Limited, Marubeni Corporation, Plenary Group and CIMIC Group Limited.
The Metro North West Line opened in May 2019 with 13 metro stations in Sydney’s North West. It is being extended into the Sydney city
Trouva, an online destination for unique products from the best curators around the world, has raised GBP17 million in further investment to accelerate international expansion.
The funding was led by Octopus Ventures, alongside C4 Ventures and Downing Ventures, with BGF and LocalGlobe also participating in the round.
Launched in London in September 2015 and co-founded by Alex Loizou, Mandeep Singh and Glen Walker, Trouva is one of the five most exciting high-growth startups in the UK (Startups 100 Index 2019). By enabling customers to discover beautiful, hard-to-find products, handpicked by the world’s best curators from Shoreditch to Stockholm, Trouva ensures they no longer miss out on
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
