Solutions
Power Factors, LLC, a global specialist in renewable energy asset performance management (APM) and enterprise asset management (EAM) software, is to acquire 3megawatt, developer of the BluePoint asset management software platform.
The transaction is Power Factors’ second in Europe in the past month, following the acquisition of Greenbyte AB. Upon closing, the combined company will support 110GW of global wind and solar assets, continuing its market leadership in global renewable energy software. The transaction is expected to close on May 31, 2021.
“We have long respected 3megawatt’s founder, Edmée Kelsey, the 3megawatt team, and BluePoint, their innovative asset management
Moglix has reached an important milestone by becoming the first industrial B2B commerce platform, in the manufacturing space, to become a unicorn.
The company is said to be valued at USD1 billion in its latest USD120 million Series E funding round. The latest investment was led by Falcon Edge Capital and Harvard Management Company (HMC). This round of funding also saw participation from its existing investors, Tiger Global, Sequoia Capital India and Venture Highway.
Moglix is India’s largest and fastest growing B2B commerce platform in the industrial & MRO procurement space with a clear first-mover advantage. The Company is building
Black Box Intelligence (BBI), a portfolio company of Diversis Capital Partners, is to acquire restaurant industry benchmarking firm MillerPulse LLC. The move comes just four months after Diversis acquired a majority stake in Black Box Intelligence.
“We’re thrilled to add the MillerPulse membership to our database. The reputation Larry Miller and team have built is strong throughout the industry and we’re extremely excited to see the two powerhouse data sets come together to create an even more robust set of benchmarks that will truly be unmatched in the marketplace,” says Kelli Valade, CEO & President of Black Box Intelligence.
Queen’s Park Equity (QPE) has supported the management buyout of Sagacity Solutions (Sagacity), a provider of tech-enabled customer data management solutions, led by the founders of the business, Anita Dougall, Malka Townshend and Harry Dougall.
Sagacity offers three core solutions within the lifecycle of its clients’ customers; reducing bad debt, improving revenue & margin and optimising customer value. Sagacity generates impressive ROI for some of the largest utility, telecoms and financial services corporates and is very well positioned to capitalise on the multi-million UK market opportunity. QPE is investing alongside the founders to support the company’s continued expansion.
Hayden AI Technologies, Inc (Hayden AI), a smart city solutions provider, has closed a USD4.5 million funding round led by BootstrapLabs, an early-stage Silicon Valley venture capital firm focused on Applied Artificial Intelligence.
This brings the company’s total funding to USD9.5 million, including a USD5 million seed round from last year. The new funding will go towards accelerating the development and delivery of AI-powered solutions aimed at enabling governments to achieve their goals of safer streets, equitable transportation, and efficient urban mobility.
In addition to BootstrapLabs also participating in the round were seed stage investor MVP Partners, UC Berkeley’s
Concentrix Corporation, a global provider of customer experience (CX) solutions and technology, has reached a definitive agreement to sell its insurance third-party administration operations and software platform (CIS) to Abry Partners, a Boston-based private equity firm, and Hoplon Capital, an asset manager focused on digital disruption of end markets including insurance.
This will create a new company which will operate as a standalone business bringing innovation to the insurance marketplace. The transaction is expected to close by the end of May 2021 subject to the approval of customary regulatory requirements and closing conditions. The sale does not impact Concentrix’
Summa Equity is to sell HyTest, a developer and producer of antibodies and antigens, to Mindray, a global medical technology company, for total consideration of approximately EUR545 million.
Since Summa Equity’s acquisition of HyTest in 2018, the company has continued to develop its industry leading antibodies and antigens product portfolio, maintaining and growing market leading positions in several key segments, including cardiac markers, inflammation and infectious diseases. HyTest’s products cover over 20 disease groups and yearly provides antibodies and antigens for in vitro diagnostic (IVD) tests run on over 300 million patients globally. The company contributes to improve UN Sustainable
NV5 Global, a provider of compliance, technology, and engineering consulting solutions, has acquired PES Environmental, an environmental engineering and consulting company providing environmental site assessment, water resources and stormwater management, permitting and compliance, industrial hygiene, and litigation support services.
The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings.
Founded in 1989, PES Environmental’s 56 engineers and environmental scientists help public and private sector clients meet their environmental compliance, permitting, and sustainability goals. PES Environmental’s extensive track record with water resources, ground water, and storm water management projects will offer immediate support
Preqin, a specialist in alternative assets data, tools and insights, has appointed Tom Hunt as its new Chief Technology Officer.
In addition to scaling up Preqin’s technology efforts, Hunt will focus on further developing the company’s solutions and data services to continue to provide the alternatives industry with market-leading data and insights.
Hunt was formerly a technology leader at Kantar and GlobalWebIndex, both market research and data analytics companies. He brings a breadth of experience leading engineering and development teams and leveraging data science to collect and manage large and complex datasets.
Hunt joins Preqin at a time when the
According to the first estimates obtained by the Spanish Venture Capital & Private Equity Association (ASCRI), through the European platform EDC, the volume of private capital investment in Spain reached EUR1.125 billion in the first quarter of 2021, 84 per cent more than in the same of period last year, from a total of 236 deals.
Of the total number of investments closed over this period, 207 were Venture Capital deals and 29 were Private Equity deals. The volume of Venture Capital investment experienced a significant growth, with EUR542M distributed among the 207 transactions mentioned above, representing an increase of
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
