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Cloud storage
Thomson Reuters has acquired CaseLines, a cloud-based court document and evidence management platform, in order to digitally transform legal processes. 
HealthEdge, the provider of HealthRules Payor,van integrated financial, administrative and clinical platform for health insurers, has completed the acquisition of The Burgess Group (Burgess), a payment integrity software company focused on improving healthcare payment operations through technology. Health plan customers will now benefit from claims cost savings via the Burgess Source platform’s ability to identify and reduce wasteful spending in the US healthcare system. “We are really excited about the future of HealthEdge,” says Steve Krupa, CEO of HealthEdge. “Our company’s growth and maturation, coupled with strategic and capital support from our investors, have enabled us to take a significant step
CI Capital Partners, a New York-based private equity firm, has formed a partnership with Martin Reidy to jointly pursue platform company investments in the marketing services industry. Reidy brings has significant operational experience in marketing services, having most recently served as the President & CEO of Ansira, a leading technology-enabled marketing solutions provider focused on targeted local marketing. Prior to Ansira, he was Senior Partner at MediaLink and before that, President & CEO of Meredith Integrated Marketing. Reidy also served as President & CEO of both Publicis Modem Digitas and R/GA, two global marketing services agencies. CI Capital and Reidy will
Liki24, a Ukraine-based e-commerce platform for medicine delivery, has raised a USD5 million round from Horizon Capital and existing investors, bringing total funding raised to date to USD6 million. This new equity round will support the Company’s ambitious European expansion plans, with Poland being the first international market where Liki24 launched operations last month. Liki24.com is a marketplace aggregating offers from thousands of pharmacies and facilitating transactions between pharmacies and consumers. Liki24 launched in Ukraine in late 2017, addressing three consumer pain points: significant variation in pricing among market players, limited availability of medicines in one point of sale, and lack
As the initial shockwaves of the global pandemic subside, middle market sponsors and lenders have proven supportive of their portfolio companies as the financial challenges caused as a result of stay-at-home orders began to crystalize, according to analysis from Lincoln International, a global investment banking advisory firm.The company’s proprietary database includes over 2,100 portfolio companies primarily owned by private equity firms with median EBITDA of approximately USD30 million. This is evidenced across a subset of approximately 450 portfolio companies wherein 67 breached their leverage covenant, a 50 per cent increase relative to 2019 levels. In addition, only one was taken
Medical testing
PitchBook Data has released its healthcare focused Q2 European M&A Report, showing European M&A totalled an impressive EUR563.6 billion in H1 2020, keeping pace with 2019 figures despite the pandemic.
Michael Johnson, Crestbridge
Michael Johnson (pictured) is responsible for continuing to grow and evolve Crestbridge’s overall funds proposition. Here he discusses how Covid has created barriers to private equity fundraising, what challenges GPs are facing going forward beyond Covid and how managers can best position themselves to address these.
Apex Group, a global financial services provider, has expanded its well-established ESG Ratings and Advisory service by unveiling a new ratings and scoring platform, which is designed to provide ESG insights to private companies and their investors.Apex has led the way in pioneering ESG solutions for its clients as the first fund services provider to launch an ESG offering back in 2019. The addition of the portal to its already established suite of ESG solutions further bolsters the Group’s strength in the ESG space, providing clients with tailored ESG analysis across the entire portfolio. Apex manages the independent collection of
Carnot, the developer of a hydrogen combustion engine, has partnered with Crowdcube to launch an equity crowdfund campaign to fuel its production of a prototype. The company is seeking GBP170,000 to build and test a prototype by April 2021. Owing to its unique layout, Carnot’s technology offers a significant increase in efficiency which equates to twice the power for every litre of fuel when compared to a standard diesel engine.  The founding team of Archie Watts-Farmer, Francis Lempp, and Nadiur Rahman started Carnot because: “We wanted to tackle climate change head on by developing a technology capable of reducing our carbon
Parabellum Investments, an international investment firm specialising in the mid- market, has acquired the India business of The Column Group a US-based privately-owned technology consulting, systems, and services provider it acquired with The Acacia Group earlier this year.Based in Pune, Column India has a workforce of around 180 people and has a strong heritage providing IT services to international corporate clients. The company specialises in implementing BMC projects and solutions, in areas including cloud computing, IT service management and operations, and had revenues of around USD5million in its last financial year. Parabellum Investments intends for Column India to work alongside

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