Software and services investor Hg has agreed to sell MEDIFOX DAN, a provider of digital solutions for the German care and therapy sectors, to ResMed, a leader in cloud-connected medical devices and out-of-hospital software-as-a-service (SaaS) business solutions, in a transaction valuing the business at an enterprise value of around $1 billion. Founded in 1994 and headquartered in Hildesheim, Germany, MEDIFOX DAN is a leading provider of software solutions and services to care and therapy providers. Its core offering comprises digital solutions for resource and route planning, care planning & documentation, administration, and billing, as well as factoring and hosting services.

Allied Industrial Partners (AIP), an industrial-focused private equity firm, has made a strategic investment in Waste Eliminator, a regional provider of solid waste hauling, disposal and recycling services for commercial and industrial waste generators throughout Metro-Atlanta. The Company will continue to be led by its founder and CEO Wes Turner, who along with others on the management team, will be investing alongside AIP. Together, AIP and management have committed more than $150 million in capital to grow the platform. The terms of the transaction have not been disclosed.

Laserhub, the operator of an online platform for the procurement of customised sheet metal and turned parts, has completed a Series B financing round led by Finnish Evli Growth Partners. Two other international funds, Europe’s Fuse Venture Partners and FJ Labs from the USA, also participated in the round as co-investors, while previous investors Project A, Point Nine Capital and Acton Capital also committed again.

EcoVadis, a provider of business sustainability ratings, has raised $500 million in an investment round led by Astorg and BeyondNetZero, General Atlantic’s climate investing venture.

Consumer insights start-up Knit has raised $3.55 million in an oversubscribed seed funding round led by Silicon Road Ventures. Bread and Butter Ventures, Alumni Ventures, Bootstrappers.mn, Operate Studio, and TiE Global Angels also participated in the round.  Knit’s technology enables customers to tap into a network of over one million Gen Z and four million Millennial consumers to gather on-demand video feedback and quick-turn quantitative data.

Investcorp Technology Partners (ITP), a European technology investor, is to sell softgarden e-recruiting (softgarden), a provider of human resources software solutions to Grupa Pracuj, an HR Tech company listed on the Warsaw Stock Exchange. The transaction, which is expected to complete imminently, will result in a return of in excess of 3x invested capital in less than four years.   Headquartered in Berlin, Germany, softgarden offers an innovative recruitment software platform to a diverse set of mid-market and enterprise customers across Europe.  ITP acquired softgarden in 2018 as part of its Investcorp Technology Partners Fund IV and worked closely with

Platform9 has closed $26 million financing led by Celesta Capital, with participation from Cota Capital, NGP Capital, and other investors. This financing round comes on the back of three consecutive years of 100% growth in annual recurring revenue (ARR) for SaaS Kubernetes, led by enterprise interest in cloud-native distributed clouds.    In addition to the financing, the company has made two significant appointments to its executive team to help scale the company rapidly. Former Oracle and Nokia sales executive, Emilia A’Bell joins as Chief Revenue Officer and former Intel Corporate Vice President, Ravi Jacob, joins as the company’s chief financial

VEON Ventures has completed a $15 million investment as part of a Series A round for Dastgyr, a Pakistan-based B2B e-commerce marketplace platform. This investment will contribute towards boosting Pakistan’s e-commerce market.   Dastgyr offers businesses a one-stop-shop application that connects thousands of retailers with suppliers to give them access to real-time visibility on pricing and financing rates. Platform partners have included Coca-Cola, Nestle, and Reckitt.          The deal is VEON Ventures’ largest investment in a Pakistani start-up and reflects the Group’s continued commitment to the region and to the growth of Pakistan’s digital economy.