Managers
IK Investment Partners’ (IK) IK Small Cap I Fund is to acquire a majority stake in OS Group AB (OpenSolution), a Nordic payment solution provider, from the company’s founder. Financial terms of the transaction have not been disclosed.
Headquartered in Gothenburg, Sweden, OpenSolution offers a full service product and software portfolio to its client base, including restaurants, casinos, arenas and other customer verticals. With its in-house development capabilities and strong focus on innovation, the Company covers the entire value chain of payment solutions, making it a single point of contact for >8,000 customers throughout Scandinavia. In 2015, OpenSolution generated revenue
Armeron recently secured funding of USD2 million from Glilot Capital Partners, a venture capital fund specialising in Enterprise Software.
Armeron's isolation platform is a drastic departure from today's filtering-based approach to web application protection such as Web Application Firewalls. These first generation approaches rely on a mix of signatures and complex rules which administrators setup and retune every time the application changes. In contrast, Armeron's isolation technology disregards any manipulation attempts on the request sent to the application, which renders all known or unknown application attacks irrelevant.
Armeron was founded by Tsion Gonen, Ron Kuper and Dan Pasternak. Prior to
Octopus has taken a 12.3 per cent stake in European impact investment bank ClearlySo as part of a GBP1.25 million growth funding round. Octopus will become the largest single institutional investor in the firm and Octopus Co-Founder Chris Hulatt will join the ClearlySo board as a non-executive director.
The investment by Octopus comes on the heels of a series of major milestones for ClearlySo, starting the year with the largest growth capital investment in UK history for HCT Group and followed up by the crossing of the £100 million mark in total capital raised for nearly 100 clients. It also
Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a senior credit facility (including an undrawn revolving credit facility) to support the acquisition of Ashley Stewart by its senior management and an affiliate of The Invus Group.
Ashley Stewart, founded in 1991 and based in Secaucus, New Jersey, is a global lifestyle brand for plus size women’s fashion. The company offers fashionable, on-trend clothing at affordable prices through its website, social media platforms, and 89 retail store locations across the United States.
CHRONEXT, a curated online marketplace for luxury watches, has closed a series C financing round of EUR11 million led by Partech Ventures and joined by new backer Octopus Ventures alongside existing investors, Capnamic Ventures, NRW.BANK and InVenture Partners.
Founded in 2013 in Switzerland, CHRONEXT is a secure marketplace where new and second-hand luxury watches can be bought, sold, or serviced at fair prices. The company operates in the multi-billion Euro market for luxury watches. Currently, online sales account for 1 to 2% of the market and represent the fastest growing segment of the industry.
CHRONEXT achieved an impressive traction and
WorldQuant Ventures, an angel investment firm focused on disruptive companies in technology, has invested in Cycle Computing, a specialist in Big Compute software.
WorldQuant Ventures’ investment allows Cycle Computing to expand access for financial services companies to flexible and affordable cloud-based computing solutions.
“We are excited to announce our investment in Cycle Computing,” says Steven Lau, Managing Director at WorldQuant Ventures. “Companies in the financial services industry are increasingly turning to computing resources to help meet business and regulatory needs. We believe Cycle Computing’s innovative cloud computing platform, along with the growing demand for computing services, provides an attractive
Vivo Capital, a global healthcare investment firm, has closed a new healthcare venture capital focused fund, the Vivo PANDA Fund, at over USD100 million.
Vivo plans to invest the capital primarily in innovative early-stage healthcare companies across the industry spectrum, including pharmaceuticals, biotechnology, medical devices, and diagnostics. The addition of Vivo PANDA will enable the firm to invest in all stages in the life science industry's development cycles. Vivo PANDA will complement and build synergies with Vivo Capital Fund VIII, which invests primarily in later development stage and growth stage healthcare companies.
Vivo also intends to continue its strategy of
NextEnergy Capital Group (NEC) has held the first close of NextPower II, a private equity fund focused on acquiring operating solar power projects in Italy.
NextPower II has secured an initial commitment of EUR150 million, and will begin deploying capital imminently.
NextPower II’s strategy is to consolidate the large but highly fragmented Italian solar market. Italy has the second largest installed base of operating solar plants in the EU, and is the fifth-largest market globally, but is fragmented with the top 10 players accounting for only 7 per cent of the market. The majority of Italy’s solar assets were constructed
Specialist finance and advisory firm TCA Fund Management Group Corp is planning to launch a small-cap private equity fund to invest in under-served growth stage companies, primarily in the US and UK.
TCA Opportunities Fund I, LP, registered with the Guernsey Financial Services Commission will seek just to target 15 to 20 companies, using a US Dollar based vehicle as well as having a US based feeder.
According to the US census, there are more than 28 million small businesses with revenues between USD25-USD150 million who fall short of capital requirements from banks, peer to-peer lending, traditional private equity and
Private equity firm Inflexion’s portfolio company Succession has secured an investment package of over GBP25 million from HSBC and its existing shareholders, to continue its growth strategy through the acquisition of the best 50 firms from its affiliated membership by the end of 2017.
In the last three years Succession has acquired 25 firms to create a highly profitable, organically growing, national advisory business of scale.
Group Chief Executive of Succession, Simon Chamberlain, says: “We are at the half way point in our plan to create the UK’s largest independent wealth management business, with strong funds under management, and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
