Managers
Assent Compliance Inc. (Assent), a leader in supply chain sustainability management, announced today that it has raised USD350 million in a funding round led by Vista Equity Partners (Vista), a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses.
This is one of the largest raises in Canadian software company history and establishes Assent in unicorn status, valued at more than USD1 billion.
Vista’s Foundation Fund, which invests in middle-market companies seeking to scale and accelerate their growth trajectory, led the investment. Vista’s Patrick Severson, co-head of the Vista Foundation Fund, and Jake Hodgman, managing director of
IVD company Virtue Diagnostics has closed a USD100 million Series B funding round jointly led by Sequoia China and Morningside Ventures.
ORIZA Holdings also participated in the round alongside existing investors Lilly Asia Ventures and PerkinElmer Ventures. HAOYUE Capital acted as the exclusive financial advisor.
Virtue Diagnostics is a global, platform-based IVD (In Vitro Diagnostic) company focusing on providing affordable clinical solutions at all disease stages including very early screening, initial diagnosis, treatment monitoring and minimal residual disease management.
True Global Ventures 4 Plus (TGV4 Plus) Fund has invested USD4 million in GCEX, an FCA regulated digital brokerage which enables brokers, funds and professional traders to access deep liquidity in digital assets and FX.
Founded by serial entrepreneur, Lars Holst in 2018 on the back of a successful USD120 million sale of his former company within the FX space, GCEX’s groundbreaking innovation comes from bridging the gap between traditional finance and digital assets including STOs and Cryptocurrencies.
The firm offers exposure and access to traditional and digital markets using Tier 1 and trusted providers, and provides institutional and professional
Alternative asset manager Blue Owl Capital (Blue Owl) is to bring its institutional quality middle market lending capabilities to Canadian accredited investors.
The initiative positions Blue Owl as one of the first US-based private credit managers to offer direct lending capabilities to onshore Canadian investors.
Canadian investors will have access to the institutional share class of Owl Rock Core Income Corp (ORCIC), a business development company managed by Owl Rock, a division of Blue Owl. ORCIC has over USD2.7 billion in assets across 92 portfolio companies as of 30 November, 2021, and focuses on originating loans to, and making
Rainier Partners has invested in Wilmar Corporation and its subsidiaries (Wilmar), a supplier, distributor, and category manager of tools and equipment to the automotive aftermarket and other industries.
Rainier’s investment will help accelerate Wilmar’s growth in additional product categories, end markets, and geographies, while preserving the Company’s unique culture and customer focus.
The Cantalini family will retain a significant ownership interest in the Company alongside Rainier.
Middle market private equity firm One Equity Partners (OEP) has acquired a majority interest in Rosboro from Wynnchurch Capital.
Rosboro is a manufacturer of glued laminated timber (glulam), an engineered wood product used in a wide range of building and construction applications, and a variety of lumber products.
Financial terms of the private deal, which will see Wynnchurch Capital remain a significant minority shareholder, have not been disclosed.
Clearview Capital Fund IV, and its affiliates (Fund IV) has announced the acquisition of Outdoor Edge Cutlery Corporation (Outdoor Edge) to Revo Brands, the parent company of Real Avid.
Revo Brands operates in partnership with Vertikal Brands, an executive team assembled by Fund IV to pursue the acquisition of premium brands in the outdoor industry. The Outdoor Edge transaction closed on 4 November, 2021.
Outdoor Edge is a manufacturer of premium knives and hand tools purposely designed for outdoor enthusiasts and professional tradesmen.
Revo Brands is a platform investment in Fund IV, a USD550 million committed fund raised in
FloWorks, a specialty flow control distribution platform backed by Clearlake Capital Group, has acquired SemiTorr Group (SemiTorr), a specialty fluid handling systems and components distributor.
Financial terms of the transaction have not been disclosed.
SemiTorr and its group of companies will operate as a standalone division within FloWorks and retain its well respected brand. Kevin Waddell and his leadership team will continue to manage SemiTorr with support provided jointly by SemiTorr’s and FloWorks’ shared services teams.
RBC Capital Markets, LLC, Jefferies, UBS Investment Bank, Wells Fargo, BNP Paribas, and Audax Private Debt provided debt financing to support the transaction.
Wheel Pros, a designer, manufacturer and distributor of proprietary branded aftermarket vehicle enhancements for light trucks, SUVs, passenger cars and ATVs/UTVs backed by Clearlake Capital Group, has acquired throtl, an aftermarket e-commerce platform for automotive and off-roading enthusiasts.
throtl’s Rick Beckerman, Co-Founder and CEO, Evan Beckerman, Co-Founder and COO, and Erol Erturk, Co-Founder and CTO, will remain with the combined company.
Financial terms of the transaction have not been disclosed.
BV Investment Partners (BV), a private equity firm focused on the tech-enabled business services, software and IT services sectors, has made a significant, growth-oriented investment in Marlabs Inc, a global digital solutions company.
Founded in 1996 by CEO Siby Vadakekkara and Srinivasan Balram, Marlabs is an end-to-end IT services provider that enables its customers to build and manage IT applications and infrastructure. Marlabs serves clients globally and across sectors, with particular strength in healthcare, life sciences and financial services. Based in Piscataway, NJ, Marlabs has over 900 US employees and over 1,500 employees in India.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
