Solutions
HQLAX has added JP Morgan as a strategic investor in its Series B funding round, joining existing investors BNY Mellon, Goldman Sachs, BNP Paribas Securities Services, Citigroup, and Deutsche Börse Group.
JP Morgan has already connected to the HQLAX platform as Triparty Agent, and JP Morgan will also connect its Agency Securities Lending business in 2021.
HQLAX’s core clients are financial institutions active in securities lending and collateral management. The HQLAX platform enables market participants to transfer ownership of securities seamlessly across disparate collateral pools at precise moments in time. This allows participants to optimise their liquidity management and
Private investment company DRS Investment sells 100 per cent of the shares in the Swiss software company XELOG AG to proLogistik Holding in Dortmund.
XELOG will remain an independent company and bundles its resources and competencies in the field of warehouse management systems (WMS) with proLogistik and Dataphone forming the proLogistik Group.
Since the 2018 acquisition of XELOG AG by DRS from the founders Armin Töngi and Peter Duss, XELOG AG has successfully developed under the leadership of Carsten Pauli. By investing in product development, the location in Germany and marketing & sales, the foundation for future growth has been
UBCO, a specialist in utility electric vehicles, has raised USD10 million by bringing on board investors Oregon based Seven Peak Ventures, Nuance Capital, global technology powerhouse TPK Holdings.
This USD10 million funding comes off the back of a strong year for UBCO, including expansion across new and existing markets and the introduction of its subscription service. UBCO will use the funding to help continue scaling into the US, which will be its biggest market, focusing on the food delivery, postal, agriculture and last mile sectors. Already a large proportion of customers use UBCO vehicles for work in the gig economy
Squire Patton Boggs continues to expand its Financial Services Practice Group with the appointment of Steven Ward as partner in the firm’s London office.
Ward, who joins from Paul Hastings, will spearhead the development of a new Funds Practice.
Welcoming Ward, Jonathan Jones, European managing partner, says: “Steven will drive forward a new Funds Practice from London and focus on the fundraising and ongoing advising of real estate, private equity, venture capital and debt funds, offering our diverse client base additional investment expertise to complement our current transactional support for their businesses.”
“Steven’s arrival is another step in
Puma Private Equity, the private equity division of Puma Investments, has exited its stake in portfolio company, Pure Cremation – a fast-growing direct cremations business.
Pure Cremation has been the driving force behind the UK-wide adoption of direct cremation, a straightforward and affordable alternative to traditional funerals, enabling loved ones to hold a more personal event to commemorate the deceased’s life at a later date.
Puma delivered GBP7.35 million of funding in two rounds, in November 2017 and December 2018. Since then Pure Cremation has gone from strength to strength, doubling in size each year since launching in 2015 as
One Equity Partners (OEP), a middle market private equity firm, has completed the acquisition of the BRUSH Group (BRUSH0, an independent provider of equipment, services and solutions for electrical power generation and distribution. Terms of the private transaction have not been disclosed.
Founded in 1889, and headquartered in Ashby de la Zouch, United Kingdom, BRUSH has a long and rich history serving power generation, control and distribution products, namely turbogenerators, transformers, and switchgear. The Company’s 1,200 employees also provide a wide range of services for these same product segments worldwide. BRUSH’s products are used across a wide range of end
Oakley Capital’s Oakley Capital Private Equity III (Fund III) has agreed to acquire PRIMAVERA Business Software Solutions (PRIMAVERA), a Portuguese specialist in business management software.
The Company will be combined with existing Oakley Capital portfolio company Ekon, a Spanish provider of Enterprise Resource Planning (ERP) software, to create a new group under the name Grupo Primavera, which will be the largest independent provider of business software in Iberia. The transaction is subject to regulatory approval.
Founded in 1993, PRIMAVERA provides ERP and cloud business software solutions to over 32,000 Small and Medium-sized Enterprises (“SMEs”) across Portugal and Portuguese-speaking Africa. PRIMAVERA
IK Investment Partners (IK) is in exclusive discussions with Fremman Capital to sell its stake in VPS from the IK VII Fund. Financial terms of the intended transaction have not been disclosed.
Enseo, a services provider offering in-room technology solutions to the hospitality, senior living, education, and healthcare markets, has secured a growth investment from alternative investment firm HIG Capital.
With this investment, Enseo will rapidly accelerate growth, both organically and inorganically. Enjoyed by guests in more than 300,000 rooms worldwide, Enseo will continue to innovate in hospitality and aggressively expand into senior living, education, healthcare, and other new vertical markets.
“HIG is excited to partner with founder-led companies like Enseo that are leaders in their fields,” says Todd Ofenloch, Managing Director at HIG “Enseo is uniquely positioned to build upon its
Gresham Technologies (Gresham), a global fintech that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management, has closed its acquisition of Electra Information Systems (Electra).
First announced in May 2021, the USD38.6 million acquisition reinforces Gresham’s market leadership position in reconciliation solutions for financial markets and strengthens the fintech’s rapidly expanding operations in North America.
This strategic investment follows Gresham’s successful acquisition of Inforalgo Information Technologies in July 2020 to enhance the firm’s regulatory reporting and connectivity capabilities. The deal will enable Gresham’s customers to benefit from a rich portfolio of cloud services,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
