Managers
Business-to-business (B2B) auto parts trading platform Haoqipei has closed a USD60 million Series D financing round led by Access Technology Ventures, with David Yang joining the Haoqipei Board of Directors.
Additional participants in the financing included existing investors XVC Venture Capital, Jeneration Capital, DCM and SIG.
Founded in 2016 and now having raised more than USD150 million in private capital, Haoqipei is an online, technology-driven trading platform connecting vehicle repair shops with auto part suppliers. The company provides market price comparisons and online payments through its software as a service (SaaS) system, and offline warehousing and logistics services.
The
Crystal Capital Partners, the operator of an alternative investments platforms for financial advisors and their qualified purchaser (QP) investors, has reported 46 per cent growth in its advisory partnerships since January 2018.
CEI Steven Brod says: “With 25 years of alternative investment experience, it is our ongoing commitment to remove the complexities and barriers to entry associated with alternative investments, and work with a network of willing partners that want to leverage our expertise, technology and infrastructure. We are forever grateful to all of our partners, and fully intend to evolve and flourish with them every step of the way.”
Angelo Gordon has raised over USD2.75 billion in equity commitments for AG Direct Lending Fund III, exceeding the Fund’s USD2 billion target and making this the Firm’s largest direct lending fund to date. The Fund is managed by Twin Brook Capital Partners (Twin Brook), Angelo Gordon’s middle market direct lending subsidiary.
Consistent with Twin Brook’s distinctive approach, the Fund will seek to capitalise on the long-term investment opportunities in middle market direct lending by sourcing, underwriting, and actively managing a diversified portfolio of middle market, floating rate, senior secured loans, with a focus on providing first lien secured debt to
Xirgo Technologies (Xirgo), a portfolio company of private equity firm HKW, has acquired UAB Baltic Car Equipment (BCE) based in Kaunas, Lithuania.
Founded in 2006, BCE provides a variety of fleet management solutions, including hardware and software suites for light vehicles, trucks, heavy machinery, and agricultural equipment targeting a variety of industries.
Shawn Aleman, CEO of Xirgo, says: “We are very excited to welcome the BCE team to Xirgo. The joining of our companies will allow Xirgo to establish a European footprint improving our access to Europe, the Middle East, and Africa, enabling our companies to target new customers
Fortino Capital Partners has expands its portfolio of Travel & Expense management companies with an investment in Declaree.
Founded in 2014 by Bas Janssen, Bart Jochems and Jasper Spoor with the ambition of simplifying and facilitating paper-based and cumbersome expense management processes, Declaree has 20 employees and 750 clients mainly located in the Netherlands and Germany. In the Netherlands and Belgium, Declaree serves large customers such as KLM, Hunter Douglas, Schiphol and KPMG, as well as many small and medium-sized companies. For Germany, it is about companies such as Lemonaid, Suitepad and Lufthansa Group Business Services.
Expense management is a
Connected Energy, a specialist in site-integrated energy storage solutions, has secured a GBP5 million investment to realise ambitious growth plans on a global stage.
The significant investment, made by Sumitomo Corporation, ENGIE and Macquarie Group, will provide the UK company with a platform to deliver its next phase of international growth having developed the world’s only commercially-available, stationary, energy storage system which uses electric vehicle battery packs after they have completed their useful lives on-board vehicles.
With rapidly increasing, global electric vehicle sales, Connected Energy is at the forefront of worldwide innovation having developed a means of reusing electric
Wolt, a Helsinki-based food delivery service, has secured a USD130 million Series C investment round, led by ICONIQ Capital, to drive growth, expansion into new markets and hiring across operational countries.
Existing investors 83North, the EQT Ventures fund (EQT Ventures), Highland Europe and Lifeline Ventures also participated in the round. This latest investment brings total funds raised by Wolt in the last 18 months to USD160 million, following a USD30 million Series B led by 83North in January 2018.
Founded in Helsinki in 2014, Wolt’s aim is to make it incredibly easy for people to discover and get great food
T-street Capital (T-street) has completed the spinout of a private equity portfolio from a publicly traded commercial bank. T-street acquired the private equity holdings from the bank’s affiliated small business investment company fund and has raised a new USD75.0 million committed fund to continue its focus on growth equity investments.
Dale L Cheney, one of the managing partners of the bank’s small business investment company fund, will continue as the managing general partner of T-street Opportunity Fund I (Fund I).
The Limited Partners in Fund I are led by sophisticated institutional investors, Committed Advisors and Timber Bay Partners. Cheney says:
Newbridge Global Sourcing (Newbridge), a leading specialty finance company focusing on payables funding, recently provided USD30 million in supply chain financing to clients throughout North and Latin America, Europe and Asia.
Clients included a Florida-based distributor of luxury consumer products, a Latin American snack food manufacturer and a New York-based pharmaceutical distribution company, among others.
Newbridge’s differentiated supply chain finance product allows buyers to benefit from extended payment terms up to 120 days while suppliers benefit from the accelerated collection of receivables. Newbridge purchases 100 per cent of clients’ inventory cost, including raw materials, finished goods and packaging supplies.
Mid Europa Partners (Mid Europa), a private equity investor in Central and Eastern Europe, as completed the sale of Bambi, a biscuit producer in the countries of former Yugoslavia, to Coca-Cola HBC AG.
Mid Europa acquired Bambi in 2015 together with Imlek and Knjaz Miloš, the leading regional dairy and natural mineral water players, respectively, forming the consumer group – Moji Brendovi.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
