Managers
Leeds Equity Partners (Leeds Equity), a New York-based private equity firm, is investing in OptionMetrics, an options and futures database and analytics provider for institutional investors and academic researchers worldwide.
OptionMetrics represents the first investment platform for Leeds Equity Partners VII. Terms of the transaction have not been disclosed.
Leeds Equity actively partners with exceptional management teams to drive innovation and growth in leading companies across the Knowledge Industries, and its investment in OptionMetrics will enable the Company to expand its data and analytics solutions, build upon client services and delivery tools, and meet the emerging needs of its customer
ScaleUp Capital has made an investment in InStep, a Cheshire-based apprenticeship and commercial training provider, and imageHOLDERS, a Dorset-based custom kiosk designer and manufacturer.
Both companies are profitable with revenues in the range of GBP5-7 million, growing at 30-40 per cent per year and an enterprise value in the range of GBP7-10 million, but both fall into the funding gap for scale-ups in between venture capital and private equity.
ScaleUp Capital invests in digital B2B businesses of GBP1-10 million in revenues that have the potential to grow to GBP10-50 million in revenues but are typically underfunded because they are
Expensya, an automated spend management solution for businesses, has completed a USD20 million fundraising campaign. Two new funds, MAIF Avenir and Silicon Badia, have invested in the development of the fintech company, joining ISAI and Seventure, the two other funds that were raised in the previous round.
In this first quarter of 2021, Expensya carried out a new highly successful fundraising campaign. Two new investment funds are now on board: MAIF Avenir and Silicon Badia. With this, the fintech company’s ambition is set: to provide the most comprehensive payment and expense management experience involving the employee (expense reports, general expenses,
Wasabi, the hot cloud storage company, has secured USD112 million in Series C funding led by Fidelity Management & Research Company with participation from existing investors.
The round follows Wasabi’s USD27.5 million in debt financing announced in January. The C round brings Wasabi’s total equity financing to USD219 million.
The valuation of the C round was roughly triple the valuation of the company’s most recent equity round, which closed almost exactly one year ago. Wasabi’s revenue and storage under management has also tripled in the last year with deployed storage recently passing one exabyte. The company has 22,000 customers worldwide,
JOG Capital, a private equity firm with a 14-year track record managing more than USD1.3 billion in energy investments, has completed a corporate transition and rebranding to become Carbon Infrastructure Partners (CIP).
CIP is among the first investment firms focused on solving the dual challenge of how to meet global energy demand for 7.7 billion people while rapidly reducing carbon emissions. CIP believes the solutions to these challenges lie in understanding and investing in the entire carbon lifecycle; from hydrocarbon-based energy production through to carbon capture, utilisation, and storage back into the subsurface.
Carbon Capture and Storage (CCS), an
Clayton, Dubilier & Rice (CD&R) has completed the previously announced sale of Capco, a global management and technology consultancy, to Wipro Limited (NYSE: WIT).
The total purchase price was USD1.45 billion.
CD&R funds acquired a 60 per cent stake in Capco in July 2017 in a partnership transaction with the seller, FIS (NYSE: FIS). CD&R Operating Partner Russ Fradin, former CEO of SunGard Data Systems (sold to FIS in 2015), served as Chairman of Capco under CD&R’s ownership, overseeing a period in which Capco invested in organic and inorganic expansion opportunities and added capabilities to further accelerate growth, including
Astro Aerospace, a developer of eVTOL aerial vehicles and drones, is to acquire Horizon Aircraft (Horizon), a developer of advanced eVTOLs, for five million common shares of Astro stock, the material terms of which are disclosed in the Company’s related 8-K filing.
The transaction was unanimously approved by the respective Boards of Directors.
The acquisition of Horizon is expected to close in approximately ten days, subject to customary closing conditions. Upon closing the transaction, the CEO and Co-Founder of Horizon, Brandon Robinson, will be appointed as President of Astro and will sit on the Board of Directors. Jason O’Neill, Horizon’s
AI Capital, a Colorado-based venture capital firm investing in early growth stage enterprise AI software companies, is selling its portfolio company, Link3D, to Materialise just over a year after investing.
Alongside the exit, the firm has closed its North America (NA) Fund I and is now launching NA Fund II. The firm expects to launch its European Union (EU) Fund I later in the year.
Based near Boulder, CO, Link3D offers additive manufacturing execution systems (MES) workflow software to help organisations scale their digital manufacturing strategy and workflows. Additive manufacturing (AM), commonly known as 3D printing, is poised for
IPO activity in the US had the strongest first quarter in the year 2021, continuing the strong momentum seen in the second half of the year.
According to the research data analysed and published by Finaria, 389 US-based IPOs raised a total of USD125 billion in Q1 2021, up from the 33 issuances that raised USD10 billion in Q1 2020. From this total, there were 298 SPAC deals raising a collective USD87 billion. That was higher than the amount raised in the whole of 2020.
On the global landscape, proceeds from traditional IPOs set a five-year record. Based on a
CVS Health has launched CVS Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with high-potential, early-stage companies focused on making health care more accessible, affordable, and simpler.
“Consumers deserve a better health experience, one that puts them at the centre of cutting-edge, digitally enabled solutions,” says Karen S Lynch, President and CEO, CVS Health. “Forming CVS Health Ventures will build on our successful track record of scaling innovation and driving change in health care.”
The fund will initially launch with USD100 million allocated for investments and will focus on companies with the potential for
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm