Latest News
Cornerstone OnDemand, a leader in adaptive cloud-based HR software solutions and a portfolio company of Clearlake Capital, is to acquire EdCast, a learning experience platform (LXP) software provider.
Terms of the transaction, which is expected to close in Q2 2022, have not been disclosed.
This acquisition is the first planned transaction by Cornerstone since joining the Clearlake portfolio in late 2021. Clearlake and Cornerstone plan to continue accelerating the company’s value through inorganic and organic growth, transformation and market consolidation.
Personal care brand Plum is looking to raise USD25 million in a Series C funding round with several private equity funds and growth stage investors said to be interest in backing the business, according to a report by VC Circle.
A91 Partners is one of the funds said to be in an “advanced stage of discussion” with Plum, which is operated by Pureplay Skin Sciences (India) Pvt. Ltd.
Previous funding rounds have been supported by the Unilever Ventures – the VC arm of the consumer good giant – and mid-market PE firm Faering Capital.
The SBAI, a global alliance of alternative investment managers and allocators and custodian of the Alternative Investments Standards, announced it has created a forum of alternative investment industry organisations committed to addressing diversity in the alternatives industry.
The forum is chaired by the SBAI and its members include 100 Women in Finance, The Alternative Investment Management Association (AIMA), The Asset Owner Charter UK, CFA Institute, The Chartered Alternative Investment Analyst Association (CAIA), The Diversity Project, The European Leveraged Finance Association (ELFA), Institutional Limited Partners Association (ILPA), Investor Leadership Network (ILN), and The Value Reporting Foundation (VRF).
Diversity is a widely
Middle market private equity firm Odyssey Investment Partners (Odyssey) has acquired Pexco, a North American engineered plastic component supplier, from AEA Investors.
Another Odyssey Fund previously owned Pexco from 2012 to 2017. Financial terms of the transaction have not been disclosed.
Based in Atlanta with manufacturing plants in the United States and Mexico, Pexco provides extrusion, design and fabrication of specialty plastic products for a wide variety of applications across a diverse range of end-markets including traffic safety, lighting, fluid handling, electrical insulation, privacy fence, and other specialty industrial markets.
Pexco CEO Sam Patel and the management team will continue
Mindbody, an experience technology platform for the wellness industry, has signed a global agreement with TRIB3, a unique fitness concept centred around community.
As the franchise brand rapidly expands its global footprint, TRIB3 partners with Mindbody to support franchisees with a reliable and streamlined operations solution.
TRIB3 sets itself apart in the fitness market through intensive and inclusive high-intensity interval training (HIIT) sessions with three elements: treadmills, resistance and intensity. Each TRIB3 location also nurtures its member community through purpose-designed lounge areas and mixology bars that host events, socials and celebrations of key milestones.
With locations currently open in territories
KKR has appointed Chano Fernandez, co-CEO at Workday, as a Senior Advisor to the firm’s global technology team.
Fernandez will advise the KKR team on its investment activities in the technology sector globally, with a focus on the enterprise application software segment in Europe and North America. In his role, Fernandez will help to identify and assess new opportunities, and provide guidance to the management teams of KKR’s portfolio companies on operations and growth strategies.
Fernandez brings over 20 years of global leadership and entrepreneurial experience in the technology sector, with a focus on cloud, SaaS and enterprise software solutions.
Frazier Life Sciences has closed Frazier Life Sciences XI (FLS XI), exceeding its target of USD800 million and raising more than USD987 million in capital commitments in an oversubscribed fundraise.
FLS XI is Frazier Life Sciences’ fourth venture fund focused on biopharmaceuticals and represents a continuation of the team’s investment strategy of advancing innovative therapeutics through company creation, early-stage venture (Series A and Series B), and crossover and public investing.
FLS XI will be led by Managing Partners Patrick Heron and James Topper and General Partner Dan Estes, who have been with Frazier for 24, 20, and 12 years respectively.
FLASH, a specialist in cloud parking software and mobility transformation, has secured a USD250 million-plus strategic investment led by Vista Equity Partners (Vista), a global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses.
Vista is joined by existing lead investor L Catterton, other prior investors, and management. The minority investment will be used to expand FLASH’s mobility operating system and payments platform, extend digital services, and invest substantially in talent to support FLASH’s exceptional growth.
Crondall Energy, a UK-headquartered offshore energy consultancy, has secured a GBP1 million loan from the alternative lender BOOST&Co.
The funding will enable the firm to maintain its global reach supporting operators and developers to transform the offshore energy industry and work towards the net zero future of energy.
The group specialises in floating and subsea facilities, providing strategic, commercial and technical services for offshore energy projects. These services are provided by a multidisciplinary team with a wealth of expertise in the delivery and operation of offshore projects. The business provides technical expertise, advisory and training on a global scale,
Logically, a technology company using advanced AI to tackle harmful mis- and disinformation, has completed a USD24 million funding round led by growth investor Vitruvian Partners.
The round also included investment from the Amazon Alexa Fund, and existing seed investors XTX Ventures and the Northern Powerhouse Investment Fund (NPIF), managed by Mercia Asset Management Plc.
Logically will use the funds to scale its capabilities and drive growth across its three core markets in the US, UK and India. The investment enables Logically to accelerate its technologies across AI, machine learning and OSINT, and stay at the forefront of the fight
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
