Managers
Upflow has raised USD15 million to ‘revolutionise’ how B2B companies get paid. The company provides a SaaS solution that enables companies to radically modernise their entire cash-cycle, and effortlessly collect customer payments. Upflow now processes more than USD200 million worth of invoices a month, for over 1.5 million transacting companies.
The funding round includes participation from 9yards Capital and existing investor eFounders. Several industry-leading angel investors also participated, including N26 CoFounder Maximilian Tayenthal; SVP Delivery, Pierre-Dimitri Gore-Coty of Uber; and Raffael Johnen, Co-Founder & CEO at auxmoney. As part of the transaction, the former co-founder and co-CEO of Westwing, Andrew
TA Associates, a global growth private equity firm is to sell Paula’s Choice, a leading digital-led skin care brand, to Unilever, one of the world’s leading suppliers of Beauty & Personal Care, Home Care, and Foods & Refreshment products. Terms of the transaction, which is expected to close in the third quarter of 2021, have not been disclosed.
Paula’s Choice is one of the largest digitally native beauty brands in the world. Founded more than 25 years ago by one of the original beauty influencers, Paula Begoun, Paula’s Choice has grown into a leading global skin care brand with a
Polaris has intensified its sustainability work and today published its first annual sustainability report, outlining the efforts in 2020 across the investment process, its portfolio companies and Polaris Management.
The work will continue in the coming years based on dialogue with investors, portfolio companies, employees and other stakeholders.
Polaris and its portfolio companies have seen increasingly sharp focus on sustainability in recent years as both investors and customers expect structured and systematic efforts in the field. With the development of ‘Polaris Sustainability Program’, Polaris expanded its overall ‘Polaris Excellence Model’ in 2020 with a sustainability concept, which is mandatory for
NewSpring’s buyout strategy, NewSpring Holdings, has raised an additional USD120 million in a funding round led by Northleaf Capital Partners (Northleaf) and Velocity Structured Solutions.
The investment supports the strategic growth and expansion of NewSpring Holdings’ existing platform companies and the acquisition of additional platforms, where the team seeks to consolidate fragmented markets with proven leadership and technology enablement.
NewSpring Holdings executes a buy-and-build strategy that identifies, acquires, and assists in transforming founder and family-led businesses in the lower-middle market. Over the past six years, the NewSpring Holdings team has propelled its four platform companies to over USD700 million in
Keensight Capital, a private equity managers dedicated to pan-European Growth Buyout investments, is to acquire a majority stake in Adista, an alternative B2B hosted services provider.
Upon completion of the transaction, Keensight will take over from Equistone Partners Europe (Equistone) as Adista’s majority shareholder alongside FEF, the co-investment partnership between Mubadala and Bpifrance and the management team led by Patrice Bélie.
Adista, a specialist in IT and telecom services, supports the digitalisation of a diverse customer base, made up of private-sector players (from SMEs to large companies) and public-sector organisations (hospitals and local authorities), with a full range of services.
Scurri, a cloud-based software provider connecting and optimising the eCommerce ordering, shipping, and delivery process, has secured a EUR9 million in an investment round led by Gresham House Ventures.
Existing investors including family offices represented by Millview advisory, Pa Nolan and others are continuing to support the company in this round, which brings the Wexford-based company’s total funding to EUR15.3 million to date.
Scurri currently derives over 70 per centof its revenue from the UK, and will power over 100 million parcel deliveries this year by enabling merchants to present the most efficient delivery option via more than 700 carrier
Apollo Precision Manufacturing Limited (Apollo), an investment vehicle managed by EverEdge Capital, has acquired Accord Precision Limited (Accord), NZ’s largest certified precision manufacturing and assembly business.
Accord provides end-to-end precision manufacturing and assembly — from R&D and consultative design through to complete assembly and distribution. The business was established 50 years ago and achieved close to NZD30 million in sales for the year ending 31 March 2021. It has successfully transitioned from being a conventional machine shop to a full-solution provider for sophisticated OEM global customers, including F&P, John Deere, Assa Abloy and Kirby Morgan.
Accord also maintains a comprehensive portfolio
Equita Capital SGR, the alternative asset management company of Equita Group, and Cordusio SIM, the wealth management boutique of the UniCredit Group, have launched Equita Smart Capital – ELTIF, a private equity and “alternative” PIR fund which will invest in Italian small and medium enterprises (SMEs).
The strong expertise of Equita as asset manager and the ability of Cordusio SIM – who has supported Equita Capital SGR during the structuring phase of the product and who will act as first distributor of the Fund – to offer to its clients innovative solutions beneficial for the Italian economy will both
Berenson Capital, a sector-focused private equity practice investing in Software and Technology-enabled Services businesses, has acquired video collaboration and telehealth solutions provider Interactive Digital Solutions (IDS). Terms of the transaction have not been disclosed.
IDS is a leading provider of cloud-based video communications solutions to enterprises, healthcare systems and government entities. For more than 20 years, IDS has been helping their customers leverage next-generation solutions to facilitate communication and collaboration between all stakeholders. A premier element of IDS’s portfolio of solutions is their proprietary virtual patient observation platform, MedSitter.
IDS developed the MedSitter platform in 2017 to help healthcare systems
Entities, clients and funds managed by its affiliates of Apollo Global Management (the Apollo Funds) have committed to invest up to USD500 million in senior secured credit facilities originated by Victory Park Capital (VPC), a global investment firm with an extensive track record in asset-backed credit origination for emerging and established companies.
The new lending relationship between the Apollo Funds and VPC will focus on asset-backed lending (ABL) to companies that aggregate third-party sellers on Amazon and other e-commerce sites. VPC is a first mover in providing credit facilities to the industry’s leading players in this emerging, high-growth market. With this
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
