Latest News
Battery Ventures, a global, technology-focused investment firm, has closed new funds totalling $3.8 billion to continue backing innovative companies worldwide in a variety of sectors.
The new funds—raised as Battery approaches 40 years of continuous operations—include Battery Ventures XIV and a companion fund, together capitalised at $3.3 billion, and the $530 million Battery Ventures Select Fund II, a vehicle intended to make additional investments primarily in portfolio companies of the firm’s other funds.
Battery will use the new capital to continue investing in companies at all stages, from seed and early-stage venture to buyout, in areas such as business software,
Funds managed by affiliates of Apollo (the Apollo Funds) have agreed to make a $175 million strategic investment in Summit Ridge, an owner-operator of community solar assets.
COI Partners, a DACH-focused growth investor and pioneer in deal-by-deal investments, has held the first closing of COIP DACH Growth II SCSp, a Luxembourg-based fund focusing on growth companies.
With a target size of EUR120 million, the fund will match each future deal-by-deal investment by COI Partners. This will bring COI Partners’ assets under management to over EUR300 million and strengthen the firm’s mission of partnering with outstanding companies and entrepreneurs.
Primarily focused on DACH, the fund will target growth companies that have a proven business model, positive unit economics, and are ready to scale. COI Partners generally invests
Plenitude, a Financial Crime, Risk and Compliance (FCC) specialist, has secured a strategic investment from Growth Capital Partners (GCP), a private equity firm focused on investing in outstanding growth companies in the technology and services sectors.
Pelican Capital exited its investment in parking technology provider, YourParkingSpace, through a sale to urban mobility specialist, Flowbird Group.
Pelican Capital invested in YourParkingSpace in September 2020 and since then the business has grown substantially, developing best-in-class technology solutions. The exit generates a return of up to 6.5 times money for Pelican Capital.
YourParkingSpace was founded in 2013 and specialises in parking technology solutions, developing the world’s most customisable end-to-end digitally led parking solution whilst also operating the UK’s leading pre-book and subscription marketplace. The business has grown by 125% in the past 12 months alone.
Flowbird Group is a
Kyros, a digital technology platform bringing providers, clients and recovery organisations together into a virtual marketplace, has raised $4.4 million in a seed financing round led by Rally Ventures, with participation from strategic angel investors.
As part of its initiative to deliver customisable solutions, Northern Trust has launched an enhanced liquidity management data tool in its Front Office Solutions platform.
KKday, a travel experiences platform in Asia, has secured additional funding in a Series C+ round, bringing the total Series C round raised to US$95 million. The round was led by major tech Asia private equity firm TGVest Capital.
The new funding will be used to expand KKday’s team globally, and deepen its domestic footprint, particularly in markets where there is a focus on domestic travel (eg. Japan, Korea, Taiwan, etc), and tech innovation to meet the increasing demands of online travel agencies (OTAs) and local activity and experience providers (local merchants).
KKday is rebounding swiftly due to growth in
Compusoft + 2020, a global provider of end-to-end software and content solutions to the spaces for living industry, backed by private equity investor TA Associates, has completed the acquisition of Resource and Financial Management Systems Inc (RFMS), a business management software provider serving the flooring market.
RFMS has over 35 years’ experience in streamlining flooring businesses to help owners become more efficient and profitable. RFMS provides an extensive range of solutions dedicated to the flooring industry including ERP, CRM, measuring & estimating applications and payments. The software suite is enhanced by industry tailored training and customer service.
The acquisition
An affilate of private investment firm Sun Capital Partners has completed the acquisition of Andersen Commercial Plumbing, (ACP).
Terms of the private transaction have not been disclosed.
Founded in 1993 and headquartered in La Verne, California, ACP is a leading provider of commercial plumbing services across Southern California, including maintenance and repair, tenant improvement and new build solutions. The Company’s customer base of more than 9,000 local and national accounts includes commercial office buildings, industrial facilities, educational institutions, healthcare providers and life sciences companies.
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
