Solutions
State Street Corporation is to acquire Mercatus, a front-and-middle-office solutions and data management provider for private market managers. The transaction is expected to be completed in September subject to customary closing conditions. Financial terms have not been disclosed.
In connection with the acquisition, the company will launch its State Street AlphaSM for Private Markets solution which will allow institutional investors to fully manage the entire lifecycle of their infrastructure, private equity, real estate, private debt and fund of funds investments through a fully integrated, digital front -to-back, single platform. This includes the ability to provide whole portfolio exposure to managers
Palatine Private Equity has exchanged contracts for the sale of national independent financial adviser Wren Sterling to the management team supported by investment funds affiliated with Lightyear Capital LLC (Lightyear), which is making a majority investment in the firm.
Wren Sterling was created in 2015 through the Palatine-backed management buyout of Towergate Financial. Over the subsequent six years, Palatine’s investment has driven strong growth at the firm, growing its assets under management significantly to GBP4.6 billion and achieving a substantial increase in profitability.
Drawing on Palatine’s expertise in successful buy and build strategies, Wren Sterling has completed eight bolt-on acquisitions
Bridgepoint has seen its share price rise to 440 pence on the London Stock Exchange today (21 July), a 26 per cent increase on the 350 pence per share set for its IPO, during Wednesday morning trading.
Based on the offer price, Bridgepoint’s total market capitalisation at the start of dealings on the main market of the London Stock Exchange was close to GBP2,881 million.
The private equity firm’s shares – whose investments include UK restaurant chain Itsu, Burger King’s France and UK branches and Wiggle – quickly rose 21 per cent during early trading hours and have continued
Yapily, an open banking infrastructure provider, has held the first closing of its USD51m Series B funding round (second closing subject to regulatory approvals), taking its total investment to date to USD69 million.
The company will use the funding to expand across Europe, extending open banking to cover 95 per cent of the continent by the end of the year; and will continue to invest in its market-leading infrastructure to pave the way for open finance, creating financial inclusion for all.
The investment is led by Sapphire Ventures, a leading venture capital firm that partners with visionary teams and
An affiliate of Sun Capital Partners (Sun Capital) has completed the acquisition of Environmental Infrastructure Solutions (EIS), a provider of mission-critical environmental and infrastructure services, including abatement, decontamination and remediation, from O2 Investment Partners. Terms of the private transaction have not been disclosed.
Founded in 2018 via the combination of five leading environmental services firms and headquartered in Fort Worth, Texas, with more than 750 employees and 24 offices, EIS provides federally-mandated services to over 1,400 customers across the US, making spaces safe from environmental and structural hazards. EIS clients include leading private and public sector institutions, across a variety
Spendesk, an all-in-one spend management platform for finance teams, has raised EUR100 million in Series C funding led by global growth equity firm General Atlantic.
All previous investors, including Index Ventures and Eight Roads Ventures, also participated in this round, bringing Spendesk’s total funding to EUR160 million. With the additional investment, Spendesk will focus on hiring top talent and accelerating product innovation to bring more automation and insights to every aspect of business spending.
Spendesk offers an intuitive SaaS spend management solution that provides full visibility and control on all company spending — with every purchase trackable to a
FTX Trading (FTX.COM), the owner and operator of the FTX.COM cryptocurrency exchange, has closed a USD900 million Series B fundraise, valuing the Company at USD18 billion.
This new financing round will expand FTX’s global presence, accelerate the Company’s growth, and represents one of the largest raises for a crypto company.
Over 60 investors participated including Paradigm, Sequoia Capital, Thoma Bravo, SoftBank, Ribbit Capital, Insight Partners, Third Point, Lightspeed Venture Partners, Altimeter, BOND, NEA, Coinbase Ventures, Willoughby Capital, 40North, Senator Investment Group, Sino Global Capital, Multicoin, the Paul Tudor Jones family, Izzy Englander, Alan Howard, VanEck, Hudson River Trading, and Circle.
Vestwell, a specialist in workplace savings and investing programmes, has raised USD70 million in a Series C financing round led by Wells Fargo Strategic Capital and Fin Venture Capital. A host of other financial services and fintech leaders also participated, including Goldman Sachs, Morgan Stanley, Manulife, Point72, Nationwide Ventures, Allianz Life Ventures, Northwestern Mutual, FinTech Collective, Greenspring Associates, Primary Venture Partners, Teamworthy Ventures, F-Prime Capital, Industry Ventures, and Commerce Ventures.
Vestwell provides the underlying infrastructure for workplace savings and investing programs, such as 401(k) and 403(b) retirement plans. The firm’s API-based technology is designed to support a diverse ecosystem of
Hazeltree, a provider of integrated treasury management and portfolio finance solutions for investment managers, has formed a strategic alliance with Lionpoint Group, a global consulting firm for digital transformation in the alternative investments industry.
Working with Hazeltree, Lionpoint officially launched its Treasury Management practice, focusing on private capital markets, including private equity and debt, real estate, and infrastructure.
Lionpoint’s Treasury Management practice will advise clients on how to effectively reengineer their cash, treasury and operational processes to implement Hazeltree’s treasury solution. Partnering with Hazeltree, both firms bring together the best-in-class industry-specific treasury management technology with consulting and professional services expertise
Demand Science, a global revenue intelligence platform that drives growth for hundreds of the world’s largest software, technology, and B2B services companies, has acquired Airborne App.
Founded by Lee Gladish and Michael Morckos, Airborne is a Toronto-based sales engagement and enablement software platform. The acquisition is Demand Science’s sixth since August 2020, and further enhances its global B2B data and intelligence solutions for sales and marketing professionals.
Counting both organic performance and recent acquisitions, Demand Science is growing over 100 per cent year over year and leads the B2B marketplace in technology-forward, data-centric products and solutions. Demand Science creates
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
