Fintech RITMO has closed a $200 million debt funding round led by i80 Group and Avellinia Capital, making it one of the largest funding rounds of any e-commerce finance business in Europe and Latin America (LATAM). i80 Group is a US-based leading provider of capital to breakthrough technology companies that has committed over $1 billion in credit to fintech and proptech firms, while Avellinia is a European provider of tailor-made capital solutions for fast-growing disruptors across fintech lending, e-commerce and mobility.   To date, RITMO has raised $225 million in debt and equity funding in its first year of operations

An affiliate of private investment firm Sun Capital Partners is to to sell C&K, a manufacturer of high-quality electromechanical switches, to Littelfuse, an industrial technology manufacturing company, for a total enterprise value of USD540 million. Sun Capital was advised by its European affiliate, Sun European Partners, LLP, in connection with this transaction.  Founded in 1928, C&K has been at the forefront of technological evolution in electromechanical switches. The Company is a leading global provider of critical, highly-engineered electromechanical switches and interface technology solutions for essential applications in industrial, transportation, aerospace, and datacom products, and other industries.  C&K successfully completed two

Carmoola [carmoola.co.uk], a newly launched motoring fintech has raised £27 million in investment from Jaguar Land Rover’s investment fund, InMotion Ventures, VentureFriends, BCI and California-based Clocktower Ventures. The seed round also included a host of high profile angels that have backed companies such as Revolut, Marshmallow, Clearscore and Monzo, including the former MD of Google (UK and Ireland), Dan Cobley. Founded by British, Ukrainian and former Movebubble and Zoopla executives: Aidan Rushby, Amy McKechnie, Roman Sumnikov, and Igor Gordiichuk; Carmoola empowers consumers with a budget and finance decision in sixty seconds, giving them the freedom to buy a vehicle instantly

Highborn Group, a portfolio company of global alternative investment firm HIG Capital, has acquired Plumbworld Limited (Plumbworld), a UK e-commerce specialists for bathroom, kitchen, plumbing and heating products. The combination with Plumbworld will strengthen Highbourne’s leading omni-channel capabilities for both trade and retail customers. Plumbworld’s proposition is highly complementary to Highbourne and will enable the group to expand its footprint in the UK and Ireland, while maintaining its commitment to providing the highest quality services and convenience to its customers.

Sagard NewGen is entering into exclusive negotiations to acquire a majority stake in Horizon Software from Capza. For 24 years, Horizon Software has brought automation to Investment Banks, Brokers, Exchanges and Trading Platforms for their electronic trading needs spanning more than 150 liquidity venues globally.   The Horizon trading platform brings together equity and derivatives departments and provides principal and agency traders with a unique cross-asset solution. By combining native trading functionalities with sophisticated algorithmic capabilities, Horizon Software’s clients create, test and implement automated strategies within incredibly short timescales and with absolute security.

Kazoo, an employee experience platform, has acquired WorkTango, a Toronto-based employee experience survey and people analytics company that gives employees a voice and leaders actionable insights to create a more engaged workforce. With this acquisition, Kazoo will be the only solution in the market with a full suite of employee listening, recognition and rewards, and performance management capabilities, all in a single platform. Kazoo and WorkTango will initially operate their platforms individually as they work to fully integrate both the teams and the solutions. WorkTango co-founders Rob Catalano and Nadir Ebrahim will join Kazoo’s executive team as Chief Strategy &

Private equity firm TSG Consumer Partners (TSG) is to acquire a majority stake in Cadogan Tate Group Holdings (Cadogan Tate), a specialist logistics group. As part of the transaction, Cadogan Tate management will continue to lead the Company and retain a minority stake. Financial terms of the deal have not been disclosed. Founded in 1977, Cadogan Tate is an international storage, moving and shipping group specialising in fine art and other valuable possessions.

Viz.ai, an AI-powered disease detection and care coordination platform, has raised a USD100 million in a Series D funding round at a USD1.2 billion valuation. The round, which comes as the number of hospitals using the Viz Platform surpasses the 1,000 mark and patients served reaches millions, was led by Tiger Global and Insight Partners.  Also joining the round were several of the company’s early backers, including Scale Ventures, Kleiner Perkins, Threshold, GV (formerly Google Ventures), Sozo Ventures, CRV, and Susa. The new funds will be used to support Viz.ai’s significant growth trajectory, expand the Viz Platform to detect and