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According to the PhishMe 2016 Q3 Malware Review, the proportion of phishing emails containing ransomware grew to 97.25 per cent in Q3 last year. This is a threat that is becoming more sophisticated, and more targeted. Not only that, but the frequency of attacks is at an all-time high.
“As people become better aware of what a phishing attack is, so the sophistication of attacks targeting individuals and organisations becomes greater,” says Dean Hil (pictured)l, Executive Director, Eze Castle Integration.
This is also being driven by continued investments in technology, making it harder for hackers to breach organisations. There is,
Entities managed by LGT European Capital – formerly European Capital Fund Management Limited – have arranged and underwritten EUR24 million in unitranche financing to support the acquisition of Lateral by BlueGem Capital Partners.
Founded in 1997, Lateral is a growing fast-casual dining market in Spain, focused on high-quality Spanish tapas and modern recipes. The Company operates seven restaurants in prime locations, with a differentiated concept reflecting a lifestyle associated with arts and interior design.
“European Capital is pleased to accompany BlueGem Capital Partners and the management of Lateral for the primary buyout of the Company,” says Kevin Abrial, managing
App commerce company Poq has secured GBP3.5 million in its latest funding round, led by growth capital investor Beringea with additional funding from Meyer Bergman and Barclays. This round brings the total amount raised by Poq so far to GBP7 million.
Poq provides a Software-as-a-Service platform (SaaS) for iOS and Android that enables retailers to build engaging shopping apps for their customers. Unlike traditional agency-built apps, Poq’s service operates on Poq’s own platform, ensuring that apps are refreshed in real-time with the latest updates. Retailers using Poq’s platform can access in-app data that provides insights into their customers’ shopping habits,
Century Park Capital Partners has agreed to sell Cirtec Medical to 3i Group.
Cirtec specialises in outsourced solutions for OEMs of active implantable medical devices, with a focus on neuromodulation, drug delivery, cardiac rhythm management, and minimally invasive surgical devices. Cirtec has the expertise to provide value-added solutions to its customers through the entire development cycle to bring medical devices to market. Cirtec’s customer base includes both traditional blue-chip original equipment manufacturers and start-ups.
Century Park acquired majority control of Cirtec in November of 2010 from Charter Oak Equity who maintained an equity stake in the business. Since then,
Operations-focused private equity firm Industrial Opportunity Partners, has held the closing of its third fund, Industrial Opportunity Partners III, with USD450 million of committed capital.
IOP held a single close on 30 June, 2017, achieving its hard cap for Fund III after a three-month fundraising process, and exceeding its original target of USD400 million. Investors include university endowments, foundations, insurance companies, pension plans, and funds-of-funds.
Founded in 2005, IOP focuses on acquiring and overseeing middle-market manufacturing and value-added distribution businesses with revenues typically between USD30 million and USD350 million. IOP primarily targets North American businesses with strong product, customer,
Atlas Holdings portfolio company Iconex has appointed Craig Gunckel as the Chief Executive Officer (CEO) of the Georgia-based business solutions provider.
Gunckel, who most recently served as President of Enterprise Solutions and Merchandising Displays at WestRock, brings over two decades of experience in the paper and packaging sectors.
Iconex invented the paper receipt over a century ago and continues to be an industry leader in receipts today. Operating five manufacturing facilities around the world, Iconex also connects people and goods through its rapidly growing “best in class” labelling and tracking technology.
Michael Sher, Principal of Atlas Holdings, says:
Lastline has secured USD28.5 million in its latest round of funding led by Thomvest Ventures.
The round also includes investments from Osage University Partners, Redpoint Ventures and other current investors, and strategic investors Barracuda Networks, Inc., NTT Finance Corporation, and WatchGuard Technologies, Inc.
The Series C funding will be used to accelerate the company’s next phase of growth driven by an aggressive go-to-market strategy that focuses on sales and marketing expansion and bolstering its development organisation to deliver on its vision of breach detection.
Coinciding with its growth capital round, Lastline is augmenting its board of directors with
Ninety six per cent of women working for organisations that specialise in turnarounds, company restructures and business transformations have never been appointed to a board position within the industry. Yet an overwhelming 68 per cent said that they wanted to be considered for Board positions.
That’s according to new research undertaken by the Turnaround Management Association (TMA), which has revealed that they cited a dominant male culture (71 per cent) and a bias towards male candidates (58 per cent) as being key barriers to their progress within the industry and appointment to boards.
Sixty-eight per cent of respondents said
Foresight Group (Foresight) has launched Tranche A of its innovative Foresight Smart Bonds Fund, which offers investors the choice to invest over one-, two- or three-year fixed terms for between 4.07 per cent and 4.83 per cent rates of interest per annum.
The Fund, which Foresight says is the first of its kind, offers a funding solution for the UK roll out of smart meters. The funds raised will generate returns by lending to companies that own, operate and rent installed Smart Meters to UK energy suppliers.
Foresight Smart Bonds Fund Tranche A, the first tranche to be deployed,
Placement agent and advisory firm Eaton Partners, a wholly owned subsidiary of Stifel Financial Corp, has appointed Bill McLeod (pictured), as a Managing Director.
He will continue to be based out of Stifel’s San Francisco office, establishing the eighth global office location for Eaton.
McLeod, an industry veteran with over 25 years of capital markets and investment banking experience, will focus on growing Eaton Partners’ direct private capital raising platform, advising clients on strategy and providing direct opportunities to investors across the globe. In addition, he will expand Eaton’s origination efforts in the acquisition of new fund clients across
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