Allocations
Audax Private Equity (Audax) has made an investment in Astute, a provider of AI-driven customer engagement, digital self-service, and first-party consumer data management software headquartered in Columbus, Ohio.
Ray Carey, CEO of Astute, says: “We’re looking forward to partnering with Audax as we embark on an exciting new chapter of our story. Astute’s mission is to help our clients create amazing customer experiences that drive loyalty, revenue, and brand protection, and we’re excited about the resources and expertise Audax brings to support that mission.”
In the past year, Astute has received numerous industry awards for product innovation and expanded
Despite the prevailing economic uncertainty surrounding Brexit, Velocity Capital Advisors has closed its Velocity Enterprise Investment Scheme (EIS) Technology Fund 5 and Velocity Seed Enterprise Investment Scheme (SEIS) Technology Fund 4, having raised three times the investment secured in the previous funding round.
All funds in the portfolio have been deployed with 21 investments completed. Furthermore, investors benefited from 100 per cent tax carry back on their investments. These investors will also expect to receive their EIS 3 certificate by June 2019, therefore being able to claim their tax relief quickly.
Velocity has now opened the next series of
Behrman Capital (Behrman), a private equity investment firm based in New York and San Francisco, has acquired Waterline Renewal Technologies (Waterline), a division of Triwater Holdings.
Members of Waterline’s senior management team invested in the transaction alongside Behrman. Financial terms of the transaction have not been disclosed.
Waterline is a leading provider of engineered products used in the trenchless rehabilitation of wastewater infrastructure for municipal, commercial, industrial, and residential applications. The Company’s patented line of products and technologies allows its customers to deliver long-lasting solutions that repair sewer systems and wastewater lines without the need for excavation or property
European intelligence platform Atheneum has raised EUR10 million in its latest funding round, on the back of 60 per cent year-on-year revenue growth in the UK.
Atheneum’s London office has seen incredible expansion since opening in 2014, now making up 41 per cent of the company’s global revenue. In an industry valued at over USD5 billion and a part of the global USD200 billion Information Services market, the UK is proving to be Atheneum’s most lucrative market.
The company’s agile approach to leveraging the insights of over 400,000 credible industry experts helps top renowned investment firms, leading global corporations
AfricInvest, a private equity firm in Africa with USD1.5 billion in assets under management, and Cathay Innovation, a global venture capital fund, created in affiliation with Cathay Capital Private Equity, have launched a pan-African venture fund, the Cathay Africinvest Innovation Fund.
This partnership capitalises on the pan-African presence of AfricInvest teams (eight offices over the continent) and its in-depth knowledge of the entrepreneurial networks across Africa, as well as the experience and depth of Cathay Innovation’s global platform that connects the main technological ecosystems in Europe, China and the United States.
The new fund, with a projected size of
US private equity firm Horizon Capital has acquired a majority stake in Dobrobut, a private healthcare services provider in Ukraine, via its latest USD200 million fund, Emerging Europe Growth Fund III. Financial details for the deal have not been disclosed.
Dobrobut is a network of clinics and medical institutions in Kyiv and Kyiv region, offering high quality, essential services to patients in Ukraine. The Company owns a wide network of clinics and hospitals, staffed by strong professionals and equipped with modern medical equipment, providing quality care to their patients. As one of the most innovative players in the industry,
Inverness Graham Investments’ workforce management SaaS software portfolio company, SwipeClock, has acquired ApplicantStack.
The acquisition rounds out Swipeclock’s software suite, adding recruiting to its scheduling, time tracking and HR engagement soultions. Based in North Carolina, ApplicantStack is a leading provider of applicant tracking software that allows small and medium-sized businesses and recruiters to efficiently manage the process of soliciting, tracking, interviewing, and hiring top employees.
“We are very excited to close the second add-on for SwipeClock during the first 18 months of our ownership,” says Trey Sykes, Managing Principal of Inverness Graham. “With the addition of ApplicantStack, and Shugo
KGAL New Frontiers (KNF) has acquired a 22 per cent share of SunErgy AS, a Norwegian company delivering innovative solar power infrastructure in emerging markets.
SunErgy AS supplies off-grid electricity to towns in emerging markets. It does this using small solar power plants that it ships in containers from Northern Europe; at their destination the power plants are then connected to houses using the company’s own network, via which they supply homes with power, as well as cable TV and internet access.
The KNF investment is intended to finance the company’s further growth. “In Cameroon, I saw for myself
Vista Global, a specialist in business flight solutions, is to acquire JetSmarter, creating a global On Demand digital marketplace.
JetSmarter’s marketplace technology will fulfil Vista Global’s digitalisation strategy, providing all customers with an unmatched end-to-end service booking experience. The acquisition will enhance Vista Global’s position offering the largest suite of services and advanced technologies to every private aviation customer.
Following JetSmarter’s successful digital partnership with XOJET, it will now bring its digital capabilities to the entire Vista Global group. JetSmarter’s industry-disrupting platform will therefore be integrated into the back-end technology of Vista Global’s brands VistaJet, Vista Lease and XOJET.
iCapital Network, a financial technology platform aiming to improving access and efficiency in the alternative investment marketplace, is to enter into an exclusive relationship with The Nasdaq Private Market (NPM) to create an integrated secondary marketplace for iCapital sponsored funds through the NPM platform.
The agreement will offer liquidity solutions to advisors and their high-net-worth clients who have private equity investments in their portfolios.
NPM’s qualified matching service will give investors who have holdings in iCapital sponsored funds – on the iCapital flagship platform or on third party platforms powered by iCapital technology – the option to put private
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
