Solutions
Scottish Equity Partners (SEP) has completed a USD25 million growth equity investment in Basis Technologies, a specialist provider of DevOps and test automation software for SAP systems.
Organisations across the world use Basis Technologies’ DevOps technology to support the transition from legacy on premise SAP software to modern cloud-hosted SAP systems, and to increase agility through fast, effective delivery of business innovation. The company provides the only complete automated DevOps and testing platform engineered for SAP and serves global enterprise customers including BP, Procter & Gamble and Booking.com, helping them to accelerate time to market, adopt new development methods and
Private equity-backed and family-owned businesses are significantly behind listed companies in gender diversity at board level, with women making up just 13 per cent and 10 per cent of boards respectively at these businesses versus 34 per cent at FTSE 350 companies, says New Street Consulting Group, the leadership and people solutions consultancy.
Large listed companies have been under pressure from group such as the Fawcett Society and Women On Boards to improve gender diversity for many years, while privately-held businesses have received less scrutiny.
In 2016, the Hampton-Alexander Review was set up to ensure FTSE 350 companies reached
Drooms, Europe’s specialist provider of digital data rooms, enjoyed a successful year in 2020, with the number of users of asset management platform Drooms PORTFOLIO, rising 87 per cent versus the previous year.
As a result, the number of assets managed and transacted on Drooms surpassed 10,000 for the first time. Drooms also proved its resilience to crises during the coronavirus pandemic in 2020.
Alexandre Grellier, Co-founder and CEO of Drooms, explains: “Our response from customers remains huge. This is down to the fact that in 2019 we invested in our services and increased staff levels in our
Specialist business advisory firm FRP is to grow its Scottish team following the appointment of a six-strong restructuring advisory team, which includes partners Michelle Elliot and Stuart Robb, all of whom will be based in Glasgow.
With more than 20 years’ experience, Elliot is a qualified chartered accountant and insolvency practitioner. She has spent her career advising business owners, lenders, shareholders and other stakeholders on all aspects of corporate restructuring, including independent business reviews, contingency planning, options review and contentious insolvency.
Elliot’s experience covers the full range of stressed and distressed situations, from large corporates to owner-managed businesses, and
Sky9 Capital, a venture capital firm investing in Chinese start-ups, has completed the flotation of its portfolio company TuSimple on the Nasdaq stock exchange today under the ticker symbol ‘TSP’ at a market capitalisation of USD8.49 billion.
TuSimple is the global leader in autonomous trucking and is revolutionising the USD4 trillion global truck freight market. Founded in 2015, it has developed a fully integrated software and hardware solution enabling what is believed to be the world’s most advanced Level 4 driver-out autonomous semi-truck technology.
Through its innovative technology, TuSimple is able to address some of the trucking industry’s most
Maverix Private Equity has appointed SS&C GlobeOp as fund administrator for its inaugural growth equity fund.
Maverix will use SS&C GlobeOp’s full suite of private capital fund services to support the Maverix Growth Equity Fund, including its fund accounting, investor services, reporting and data analytics. SS&C’s Toronto team will oversee services for the fund. Maverix was founded in early 2021 by John Ruffolo and Mark Maybank.
“We aim to build a globally-recognized, industry-leading, Canada-based private equity platform, so we want to partner with the best. SS&C is one of the world’s largest private equity administrators,” says John Ruffolo, Managing
Canoe Intelligence, a financial technology company focused on reimagining data management processes for alternative investors and allocators, has announced a new collaboration with Holland Mountain, a leading data solutions provider to the Private Capital industry.
Through this collaboration, Holland Mountain can now offer a connector for Canoe’s technology to mutual clients. This forms a crucial part of Canoe’s expansion into Europe and the broadening of services available to help firms achieve operational efficiency and scale. Holland Mountain’s ATLAS data platform will be able to connect seamlessly with Canoe’s technology to streamline the delivery and aggregation of clean alternative investment reporting
Vidrio Financial (Vidrio), a provider of software and data services for institutional alternative allocators globally, has launched Vidrio ”One,” its first non-enterprise offering driven by increased demand from a broader range of institutional investors including pensions, endowments, foundations, consultants and family offices to allocate across the alternatives landscape.
Partners Group, a leading global private markets firm, has, on behalf of its clients, sold a large-scale portfolio of US industrial properties (the Portfolio) at a Gross Asset Value of over USD1 billion.
Ecommerce data specialist Conjura has launched a new data due diligence service, Snapshot. This allows businesses preparing for a funding round to assess the customer data they hold. This can be used to demonstrate current performance and also identify potential growth opportunities. Conversely, Snapshot can be used by investors to audit and analyse granular transaction level business data to help them decide whether to invest or not.
Conjura Snapshot plugs in direct to the APIs of the majority of cloud-based tools and systems used by ecommerce businesses to provide an overview of online/offline sales, customer marketing, product development and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm