Allocations
FNA has closed USD5.5m Series A investment round led by IQ Capital, with participation from GETTYLAB.
The funds will be used to further develop the FNA platform and solutions to help financial regulators and institutions operationalise advanced data analytics, identify fault lines in the financial system and prepare better for financial crisis and cyber threats.
Founded in 2013, FNA is a London-based RegTech and SupTech (Supervisory Technology) company that uses its network analytics, AI and machine learning platform to enable financial institutions to map and monitor complex financial systems, and to simulate operational and financial risks. FNA works with leading
Wealth Enhancement Group, an independent wealth management firm that oversees USD11.8 billion in client assets, has been acquired by funds affiliated with TA Associates, a global growth private equity firm with extensive experience in financial services investing.
The transaction brings aboard a new primary capital partner for Wealth Enhancement Group, with TA Associates purchasing the equity stake owned by funds affiliated with Lightyear Capital LLC, which has been the majority owner since June 2015. Under the terms of the acquisition, Wealth Enhancement Group will continue to be a privately held, independent firm, under its existing leadership team, brand and strategy.
Lumina Capital Advisers Limited (LUMINA), a specialist corporate finance advisory firm specialising in private company M&A throughout the GCC, has released its Q2 2019 Lumina Private Company Index (LPCI) – the first private company M&A index covering the GCC.
The quarterly report tracks private company average deal valuations across a broad range of sectors across the region.
In addition, Lumina’s latest ‘State of M&A’ survey which analysed mid-market M&A data from private companies, investment firms and advisors in the region indicate most active sectors as industrials, healthcare, and consumer with intra-GCC deals accounting for 63 per cent of M&A
Mid-market private equity investor Equistone Partners Europe Limited (Equistone) is to acquire a majority stake in Bulgin, a UK-headquartered developer and manufacturer of environmentally sealed high-performance engineered solutions, from Elektron Technology for an enterprise valuation of GBP105 million.
Following Equistone’s investment, Bulgin will continue to be led by John Wilson, who will transition from the role of Executive Chairman to Chief Executive Officer, and its existing management team, who will acquire a minority shareholding alongside Equistone. The team will be strengthened by the appointment of Peter Williamson, who brings extensive experience of driving value in international engineering and manufacturing businesses
blufolio AG, a Swiss blockchain investment firm and manager of the Luxembourg-registered blufolio venture capital fund, has invested in Liquineq, a global payments platform start-up based in Zug, Switzerland.
Liquineq is targeting a specific segment of the global remittances market, with strong potential for growth via a strategy of third-party partnerships.
Balazs Klemm, blufolio AG founding partner, says: “We are delighted to support the growth of Liquineq, which is targeting a clear gap in the market for global remittances. We see a wealth of opportunities for Liquineq’s top-drawer management team to leverage its offering via partnerships in emerging markets and
Vestigo Ventures, an early-stage venture capital firm focused on making investments in fintech companies, and AXA Venture Partners, a venture capital fund investing in high-growth, technology-enabled companies, have closed a USD11 million financing round for Jobble, a community of on-demand workers.
The funding round was led by Vestigo Ventures and AXA Venture Partners with participation from Guardian Strategic Ventures and Harlem Capital Partners.
Founded by Zack Smith and Corey Bober, Jobble is an on-demand marketplace and management platform that connects 60 million gig economy workers in the United States seeking jobs with companies offering flexible work opportunities. As one of
Clayton, Dubilier & Rice has completed the sale of TRANZACT, a provider of direct-to-consumer sales and marketing solutions for individual Medicare and Life insurance policies across the US, to Willis Towers Watson. The total purchase price was USD1.3 billion.
Under CD&R’s ownership, TRANZACT capitalised on rapid growth in its core Medicare markets. TRANZACT’s success was supported by the company’s strong leadership team, entrepreneurial culture, and significant investments in its portfolio of differentiated technology and analytics capabilities.
As a leader in direct-to-consumer insurance sales, TRANZACT today employs approximately 1,300 individuals, including 850 licensed agents. The company integrates expertise in technology, marketing,
Bluegem Capital Partners, a European mid-market fund focused on consumer brands, has acquired Pool Service, an Italian professional hair care group and owner of the Medavita brand, from the private equity house Accord Management and the Cattaneo family.
Headquartered near Milan, the group is a leading developer and manufacturer of premium professional hair care products under both own and third party brands. The most prominent of the own brands is Medavita, with a history of over 50 years and known for its high efficacy, scientific formulas of its full range of professional haircare products.
The Group has strong R&D capabilities
BGF has invested GBP6.25 million in Christopher Ward, a Maidenhead-based premium British watch brand, founded in 2005 by Mike France, Chris Ward and Peter Ellis.
Christopher Ward, which has customers in more than 100 countries, creates high-quality timepieces that combine British style and innovation with Swiss watchmaking skills. The brand specialises in mechanical and quartz watches, that are designed in the UK and manufactured in the home of horology, Biel, Switzerland.
The brand is a leading innovator in the British watch industry and this year marks the fifth anniversary of the creation of the brand’s own in-house Swiss-made movement, Calibre
FFL Partners (FFL), a private equity firm focused on growth investments in middle market companies, has completed a majority investment in ALKU, a provider of highly specialised consulting and staffing services. Financial terms of the transaction were not disclosed.
ALKU CEO and Founder Mark Eldridge and the Company’s management team have invested alongside FFL to retain a significant minority ownership stake in the business. WestView Capital Partners, an existing minority investor in ALKU, has also invested in the recapitalization.
“The acquisition of ALKU reflects FFL’s multi-year focus on identifying HR services firms with outstanding management teams, differentiated market opportunities
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
