Solutions
Nordic Capital is to invest in Duco Technology Limited (Duco) and acquire a majority shareholding from current investors, CME Ventures, Insight Partners and Eight Roads Ventures.
Founder Christian Nentwich will remain as a shareholder and Chief Executive Officer.
Nordic Capital will utilise its experience within the Technology and Payments sector, as well as its broad network and operational resources to accelerate the transformative growth of the business. The data automation market is growing rapidly, and Nordic Capital’s investment will enable the business to further increase its international footprint whilst also supporting product expansion and employee growth.
Duco provides Software as
Cairngorm Capital Partners has acquired Munnypot Limited and Whitefoord LLP, to launch Verso Wealth Management (Verso), a wealth management group providing financial advice and investment management, powered by a digital platform.
The acquisitions are expected to complete shortly, subject to FCA approval, and mark Cairngorm Capital’s entry into the financial services and wealthtech sectors – a long-held objective of the firm.
Established in 2015, Munnypot provides an online investment service that delivers affordable and easily understood financial advice to individuals. Built to comply with the FCA’s regulatory requirements and connect with the most commonly used industry applications, Munnypot’s award winning
Play2Pay, a global mobile payments platform that gamifies payments, has completed an oversubscribed USD13 million Series A funding round led by Telesoft Partners with participation from Harbor Spring Capital and notable individual investors including: former AT&T vice chairman Ralph de la Vega, former Reuters CEO Tom Glocer, Madison Dearborn Partners co-founder and senior advisor Jim Perry, and Virtusa founder and former CEO, Kris Canekeratne. The new capital will fuel the company’s rapid global expansion by accelerating product development, hiring and partner engagement.
Through the Play2Pay platform, mobile phone users can reduce their bills by an average of 30 per cent
Long Ridge Equity Partners has announced that its portfolio company, Carson Group, an industry-leading provider of wealth management technology and services to financial advisors and clients, has received a strategic investment from Bain Capital, valuing the business at over USD1 billion and providing a full exit for Long Ridge’s Fund I investment.
Founded in 1983 by Ron Carson and headquartered in Omaha, Nebraska, Carson Group serves financial advisors and investors through its three businesses – Carson Wealth, Carson Coaching, and Carson Partners. Carson Group has created an ecosystem dedicated to helping financial advisors unleash the full potential of their
LMAX Group, an independent operator of institutional execution venues for FX and crypto currency trading, today announced that it has signed a definitive agreement to sell a 30 per cent stake in the company to JC Flowers & Co LLC (JC Flowers), a private investment firm dedicated to investing globally in the financial services industry, for a cash consideration of USD300 million valuing LMAX Group at USD1 billion. This is a secondary share sale by LMAX Group employees. The transaction remains subject to regulatory approval.
LMAX Group and J.C. Flowers will partner to accelerate the Company’s next phase of
AltsAxis has launched its proprietary mobile technology ecosystem connecting all parties across the alternative investment industry on one centralised platform.
Read the full story at Hedgeweek…
Oxane Partners (Oxane), a technology-driven solutions provider to private markets, has expanded the coverage of its solutions to cater to a wider range of credit asset classes.
Since starting operations in 2013, Oxane has gradually broadened its offerings to now become a one-stop solution provider supporting banks and investment firms to analyse and better manage their private markets investments.
The inherent challenge in unifying investments across multiple trading desks in private markets lies in handling distinct deal structures, dataflows, and reporting metrics. Without a viable solution that can provide an aggregate view across disparate assets, banks and investment firms either
WeVee, the first fully-integrated electric vehicle leasing platform, which launched in the UK (home to Cazoo, Cinch and Carwow), is now valued at USD14million after its latest USD7 million investment injection.
The EV price comparison and leasing platform, which launched in March 2020 to support fast growing demand for electric vehicles, and attracts up to 100,000 UK visitors per month, has taken its first steps towards becoming a global e-mobility lifestyle platform and marketplace, after closing a pre-seed round last week by a line-up of top European angel investors, industry leaders and global tech entrepreneurs.
The backing for worldwide
Limina, provider of a customisable cloud-native Investment Management Solution (IMS) for mid-sized asset managers, has completed a USD3 million Series A funding. The investment was led by Nordic venture capital firm Industrifonden.
Existing investors, including STOAF SciTech, Vidici Ventures, Almi Invest and Justin Wheatley, the founder of StatPro, also joined the latest funding round. The company’s enterprise SaaS model for asset management IMS has seen great traction from forward-looking asset managers across Europe in the past 18 months. Limina has delivered triple digit growth since 2019, with a steady stream of new client contracts, including Alquity and Lannebo.
Limina will
Specialized Packaging Group (SPG), a vertically-integrated provider of protective packaging products, has acquired Bay Area-based Specialized Packaging Solutions (SPS).
The acquisition will enhance SPG’s existing capability set in its Engineered Packaging division, expanding the company’s reach while adding approximately 100 employees to its 1,100-person workforce. SPS and its full workforce will continue to operate in Newark, California while founder and CEO Terry Besso will be retiring. SPG, one of the largest independent protective packaging manufacturers in North America, is a portfolio company of Altamont Capital Partners.
“The addition of SPS to our Engineered Packaging division means we will be
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
