Managers
Finch Capital has held the first close of its EUR150 million fund, Europe III, which will invest in European technology companies that shape the future of finance by using technology such as artificial intelligence.
Europe III saw a near 90 per cent follow on investment from previous funds. Since its inception in 2013, the firm has made a total of 40 investments across Europe and Asia and its assets now total USD400 million.
Finch’s Fund II invested in both SE Asian and European startups. Both Fund I (EUR40 million, 2014 Vintage) and Fund II (EUR110 million, 2017 Vintage) are generating
Newtown Lane Marketing (Newtown) and Appgate have entered into a definitive merger agreement. The deal will see Appgate become a public company with significant financial resources to accelerate growth, scale, and go-to-market strategies.
Appgate has also announced that a leading alternative investment manager with over USD12.5 billion in assets under management is investing up to USD100 million in convertible notes at a USD1 billion post-money valuation.
Headquartered in Miami with more than 360 employees, Appgate provides cybersecurity solutions for for private enterprises and government entities. Its secure access solutions include software defined perimeter (SDP), risk-based authentication, and digital threat protection,
Additive manufactured mountain bike company Atherton Bikes has raised GBP385,000 through Angel Investment Network.
The Welsh business is the brainchild of world-famous mountain biker siblings Gee Atherton, Dan Atherton and Rachel Atherton who have partnered with a team of engineers from F1, aerospace and NASA to produce a world-beating mountain-bike. The business is chaired by entrepreneur and Dragon’s Den investor Piers Linney.
The raise took two months with the funds being used to scale production. The bikes are made in UK by joining carbon tubes with Additive Manufactured lugs (3d printing in titanium). Every bike can be fitted to
Groupama Axiom Legacy 21 has reached EUR506 million in assets under management, less than three years after the fund’s launch in 2018.
The fund focuses on the subordinated “legacy” debt universe, a sector of financial instruments that is constantly being influenced by regulatory changes across the Eurozone. Currently, the majority of the fund’s holdings are reaching maturity, meaning that they will no longer be eligible instruments by which financial institutions can reach their regulatory capital requirements, a feature of the transition from Basel II to Basel III.
This means, that 2021 is a pivotal year for Groupama Axiom as the
BITE Investments, a fintech company with an alternative investment platform, has published a new white paper which presents a strong case for private equity investments and important factors for success.
Read the full story at Wealth Adviser…
Wombat, the UK’s first thematic & curated fractional investment platform, has closed a GBP2 million seed round to help the fast-growth business serve consumers’ increasing appetite for shares investing.
The seed round, led by Fuel Ventures, will help Wombat further develop the platform to provide easy access to the world of investment and further open up its ability to offer fractional shares in global, household brands.
Wombat’s fractional investment platform is the first of its kind in the UK and is encouraging a new generation of investors to save for the future by helping them to invest in shares, without
Orion Innovation (Orion), a digital transformation and product development services firm, is to acquire Tellence Technologies (Tellence), a privately-held technology services company headquartered in Bucharest, Romania.
With this acquisition, Orion is strengthening its European presence by establishing an R&D operation in Romania, with associates across Bucharest and other major cities, as well as Tel Aviv, Israel. The Bucharest site will host 300-plus engineers, primarily focusing on Digital Product Development Services for several global clients. The Romanian operation is expected to continue its rapid expansion, growing to over 1,000 engineers in the coming years.
Founded in 2012, Tellence develops and delivers cutting-edge
TA Associates, a global growth private equity firm, has entered exclusive negotiations to make a majority growth investment in DL Software, a France-based group of enterprise resource planning (ERP) software providers.
Current DL Software majority shareholder 21 Invest France, as well as company founders and management, would each retain a stake in the business following TA’s investment. The envisaged transaction, which is currently under review by representatives of the company’s employees, is expected to close in the second quarter of 2021, subject to customary approvals. Financial terms were not disclosed.
Founded in 2003, DL Software is comprised of 13
Kingswood Capital Management (Kingswood), an operationally-focused lower-middle market private equity firm, has closed the Kingswood Capital Opportunities Fund I.
The Fund was oversubscribed and closed at the hard cap with total commitments of USD230 million. The Fund received commitments from a balanced group of high-quality limited partners, including public pension funds, insurance companies, endowments, foundations, multi-manager funds, and family offices.
The Fund will seek to make value-oriented control buyouts and structured debt and equity investments in companies that are headquartered in North America and characterised by operational, transactional, and/or structural complexity where the Firm believes it can
Bain Capital Private Equity (Bain Capital) and Cinven (the consortium) have entered into definitive agreements to acquire Lonza Specialty Ingredients (LSI), a division of Lonza AG, for a total enterprise value of CHF4.2 billion.
LSI is a world-leading provider of specialty chemicals for microbial control solutions, used to eliminate or control harmful and unwanted micro-organisms. LSI’s products are critical ingredients in disinfectants, preservatives, sanitisers, personal care products, as well as coatings and other industrial uses. The business also produces a range of other specialty chemicals, centred around its unique production facility in Switzerland.
Headquartered in Basel, Switzerland, LSI has
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
