Managers
Lincoln Park Capital Fund has signed a stock purchase agreement with GelTech Solutions for up to USD10 million of common stock.
“With our recent sales increases with several state agencies in the Wildland Division and our continued penetration in the Utilities Division, this is a great time to enter into this funding arrangement with Lincoln Park, an institutional investor that has partnered with GelTech in the past to supplement the Company’s capital needs," says Michael Reger, GelTech’s president. "The funds will provide the Company with capital, if needed, to fund operations, including supporting working capital needs, increasing inventory and investing
Questback, Europe’s leading supplier of solutions for Enterprise Feedback, Social CRM and online surveys, is raising GBP12 million in new capital from existing investors.
The transaction will strengthen the equity base by approximately GBP12m (NOK150 million). The largest investors are Reiten & Co Capital Partners VII L.P. and First Fellow Oy. Other existing investors are also offered to participate.
“We see the business of Questback as a great investment case, and we decided to increase our investment to support the company in its next growth phase,” says Terje Bakken, partner at Reiten & Co and chairman of the board
Private equity firm Flexpoint Ford has held the first and final closing of its third private equity fund, Flexpoint Fund III at USD950 million, along with a new investment vehicle, Flexpoint Special Assets Fund at USD317 million.
The initial targets for the funds were USD750 million and USD250 million, respectively.
Fund III plans to invest in minority and majority equity stakes in financial services and healthcare companies, utilising Flexpoint Ford's demonstrated proprietary sourcing and operating capabilities. The Special Assets Fund will further leverage Flexpoint Ford's existing financial services expertise by investing in financial assets such as loans, leases, books
VATBox, a cloud-based provider of automated VAT recovery and governance solutions, has closed a USD24 million financing round led by Viola Private Equity with participation of existing private investors.
The funding will further fuel VATBox's aggressive growth plans, accelerating its expansion in the massive, growing market of VAT recovery and governance.
VATBox was founded in 2013 by CEO Isaac Saft and President Noam Guzman. Leveraging their extensive experience in the enterprise software market, together with Comverse former SVP of Global Operations Yoram Hordan (COO) and a team of 60 employees, VATBox has become a significant player in the field
The average time taken for private real estate funds to reach a final close so far this year is the longest it has ever been. This extract from Preqin Real Estate Spotlight: August 2015 explores the key trends that emerge when comparing time on the road to fundraising success and past performance in an increasingly competitive market.
The real estate fundraising landscape remains a competitive one, despite increasing institutional demand for exposure to the asset class. Preqin’s Real Estate Online contains detailed profiles for over 4,900 private real estate funds worldwide, which include information on strategy and geographic preferences, fundraising,
PHEMI has raised a USD12.2 million round of venture financing to expand the commercialisation phase of the company.
Secured by a combination of new and existing investors, the financing was co-led by CTI Life Sciences Fund (CTI) and British Columbia Discovery Fund (Discovery Capital). It also included significant participation from early investors BDC Capital Healthcare Venture Fund and Yaletown Venture Partners.
A team of serial entrepreneurs, Dr Paul Terry, Adam Lorant and John Seminerio – with expertise in developing and commercialising innovative business and technology solutions for a wide variety of industries, including healthcare, telecommunications and high-performance computing –
Palamon Capital Partners and Corsair Capita are to jointly acquire control of Currencies Direct, a specialist provider of foreign exchange (FX) and international payment solutions to private and corporate clients.
The transaction value exceeds GBP200 million.
The acquisition is structured so that Currencies Direct management will increase its ownership position in the company and will also include continuing equity participation by the firm’s principal founder, Mayank B Patel OBE, who will become Honorary President.
Currencies Direct’s Private FX segment provides foreign exchange services to more than 150,000 registered retail clients. Its Corporate FX segment offers foreign exchange services to
EMEA deal volume may have slowed down across the region, down 15 per cent year-on-year with a total of 2,779 announced deals recorded, but deal value has seen a significant boost on last year’s figures, up by 16 per cent and recording a total of EUR414.8 billion.
That’s according to the half-year 2015 edition of Mergermarket’s EMEA Deal Drivers.
“Confidence among corporates that have steadily strengthened their balance sheets has risen in the last year. This in turn has leant itself to increased M&A activity among blue chips as they compete for market position,” says Paul Francis-Grey (pictured), Deputy
Sliced Investing, an online alternative investment platform that gives accredited investors access to elite investments like hedge funds and private equity, has launched Sliced Institutional.
Sliced Institutional is dedicated to giving registered investment advisors (RIAs) access to a suite of alternative investments while also automating all the manual tasks associated with private investments. Sliced Investing is launching the platform with a strategic partnership with Krusen Capital, who provides access to over 35 private offerings – many of which are household name hedge funds or private equity funds. Financial advisor firms Harvest Financial Group, Fort Point Capital and Caerus Advisors are
Centaur Private Equity has successfully exited its venture capital investment in Sport Events International Ltd (SEI).
SEI is the holding company of a series of sports based event companies including; Global Legends Series, which brings together a group of legendary football players from around the world to play against each other in legend vs legend games in different cities worldwide; F5WC, the world's largest 5-a-side football tournament; and World Soccer Fives USA, a multi city tournament to find the best amateur 5-a-side soccer team in the United States to represent the USA in the F5WC World Finals.
Global Legends
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
