Solutions
Percent, the fintech innovator with the mission to put good into everyday financial transactions, has closed a USD5 million venture round led by Morpheus Ventures. This strategic investment is being used to expand Percent’s Purpose-as-a-Service offering to commerce, big-tech and fintech markets in the US, building on its existing presence in the UK and Australia.
Nationwide Building Society is a co-investor in the round, building on its original investment in Percent early in the start-up’s journey. Such has been the building society’s belief in Percent and it’s offering since its previous investment, it also became a Percent customer in
Global law firm White & Case LLP has advised The Carlyle Group on its acquisition of LiveU from Francisco Partners.
“Our team helped to successfully navigate this strategic investment, which will enable Carlyle to continue to support the growth of media tech companies and LiveU to reach new customers,” says White & Case partner Ken Barry, who led the Firm’s deal team. “Advising on this deal highlights White & Case’s expertise at the crossroads of the private equity and fast growing technology industry.”
The investment was made by Carlyle Europe Technology Partners (CETP) IV, a EUR1.35 billion fund that
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
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
