ASG, a portfolio company of Alpine Investors that buys and builds vertical SaaS companies, has acquired Hotel Effectiveness, a software industry leader for hotel labour optimisation, which has been added to ASG’s Actabl platform. Actabl’s integrations, operations and labour management tools, and business intelligence solutions combine to create a cohesive platform that better serves hotel management teams. Hoteliers will benefit from a feedback loop that creates a living playbook for addressing a wide range of hotel business and operational needs. Actabl’s comprehensive suite of industry-leading technology solutions includes:    Hotel Effectiveness, backed by Growth Street Partners, was acquired by ASG

PolySign, a financial technology company providing blockchain-enabled digital asset infrastructure for institutional investors, has raised $53 million in a Series C funding round with participation from Cowen Digital, Brevan Howard, GSR and more. As well as the new funding, PolySign has also secured a $25 million credit facility with Boathouse Capital. Standard Custody & Trust Company, a next-generation NYDFS regulated custodian and subsidiary of PolySign, offers a security program that combines proprietary blockchain technology, end-to-end encryption, and distributed trust protocols to protect private keys. The platform’s integrated escrow solution enables investors to buy and sell digital assets directly from custody,

Kensing, a manufacturer of Natural Vitamin E, Plant Sterols and high-purity surfactants, and a portfolio company of One Rock Capital Partners (One Rock), has acquired Vitae Naturals (Vitae), a producer of Plant Sterol Esters and Non-GMO Natural Vitamin E derivatives for the food, nutrition and skin care end-markets. Founded in 2000 in Talavera de la Reina, Spain, Vitae Naturals manufactures Plant Sterol Esters under the Vitasterol brand and Natural Vitamin E derivatives under the Vitapherole brand. Plant Sterol Esters have been clinically proven to naturally lower cholesterol and help fight heart disease when added to margarine spreads, yogurts, and supplements.

Employee engagement platform WorkBizz has raised £1.5 million in an investment round from from its existing backers Mercia and Foresight, both of which invested via the Midlands Engine Investment Fund (MEIF), alongside funding from private investors. The Milton Keynes-based company has more than doubled the size of its team since the original investment in March 2021, and now employs 35 staff, with plans to create an additional 15 jobs by the end of the year. Revenue has also more than doubled to £2m, while annual recurring revenue is continuing to grow by around eight per cent a month.   The

Doorvest – an online platform facilitating the ownership of high-yield rental homes – has secured a new $50 million asset backed credit facility with Pollen Street Capital, a fast growing, purpose led and high performing private capital asset manager. Launched in 2020 and based in San Francisco, Doorvest’s mission is to reduce barriers for average Americans to generate passive income by owning rental properties. Doorvest gets to know a customer and their investment goals before identifying and buying a property on their behalf, manages the renovations and places a resident in it, then sells the property back to the customer.

Clearlake Capital portfolio company Alkegen, a specialty materials platform that provides high performance materials used in advanced applications such as filtration media, battery technologies, high temperature insulation and fire protection, has acquired a controlling ownership interest in Luyang Energy-Saving Materials (Luyang), a Shenzhen A-share listed platform headquartered in Yuquan, Shandong province, China. Luyang produces energy-saving materials in the fields of ceramic fibres, soluble fibres, alumina fibres, and other high temperature insulating materials, and has been partnered with Alkegen since 2015.