TELEO Capital completes significant growth equity investment in Teesnap
TELEO Capital Management (TELEO) has made a significant growth equity investment in Teesnap, a golf course operations management software platform. TELEO will be partnering with existing shareholder, Allegiant Travel Company (Allegiant), to invest in product and go-to-market initiatives. Based in Las Vegas, Teesnap offers a cloud-based software solution that helps golf course operators create a […]
Kempen European Private Equity Fund invests in Norwegian campervan dealer Tellus
The Kempen European Private Equity Fund, the private equity investment fund of Kempen Capital Management (Kempen), has acquired a direct interest in a new entity by the name of Tellus Group (Tellus) that was formed as a result of the merger of five regional campervan dealers in Norway. Tellus was formed by the merger of […]
Seward & Kissel represents Kennedy Lewis on strategic partnership with York Capital Management
Law firm Seward & Kissel represented opportunistic credit manager Kennedy Lewis Investment Management in connection with its strategic partnership with York Capital Management to form Generate Advisors Under the partnership agreement, York’s approximately USD4 billion Collateral Loan Obligation (CLO) business and team, led by Rizwan Akhter, will transition to Generate Advisors and continue to manage […]
Mogrify completes Series A financing totalling USD33m
Mogrify Limited (Mogrify), a biopharmaceutical company aiming to transform the development of ex vivo cell therapies and pioneer a new class of in vivo reprogramming therapies, has held the second closing of its Series A financing of USD17 million, bringing the total raised to USD33 million in this round The funding will support the advancement […]
CAPZA acquires a majority stake in Eidosmedia
CAPZA, an independent management company and leading player in private investments in European SMEs – has acquired a majority stake in Eidosmedia, an international player in Content Management System (CMS) solutions Eidosmedia develops innovative content management solutions serving clients with high-value content and complex workflow management needs. Its software covers the end-to-end content lifecycle for […]
Cyber protection specialist Acronis secures more than USD250m investment at a USD2.5bn valuation
Acronis, the global specialist in cyber protection, has received more than USD250 million in a funding round from CVC Capital Partners VII and other investors. Acronis will use the funds to further accelerate growth by expanding its unique portfolio of natively integrated cyber protection products. A significant portion of the investment will also be used […]
CVC Credit supports HIG Capital’s acquisition of KPMG’s UK Restructuring business
CVC Credit has provided senior debt facilities to support HIG Capital’s (HIG) acquisition of KPMG’s UK restructuring business, a provider of insolvency, financial restructuring and turnaround services in the UK and globally. The business which has been renamed Interpath Advisory (Interpath), will use CVC Credit’s investment to fund its transition to an independent business and […]
Dell to sell its Boomi software business to private equity firms for $4B
Dell Technologies Inc. has announced that private equity firms Francisco Partners and TPG Capital will acquire its Boomi integration platform as a service, or iPaaS, business in a $4 billion deal. “This proposed transaction positions Boomi for its next phase of growth and is the right move for both companies, our shared customers and partners,” […]
Private Equity Firm Aurora Capital Partners Acquires Grace Hill
Grace Hill today announced that Aurora Capital Partners (Aurora), has agreed to acquire the company from investment funds managed by Stone Point Capital, LLC. Grace Hill is the innovator of talent and customer management solutions for commercial and multifamily real estate covering policies, training, assessment and surveys. Its platform is designed to drive property performance […]
SafetyCulture’s Valuation Reaches A$2.2 Billion
Global technology company’s valuation soars after A$99 million funding round led by global venture capital and private equity firm Insight Partners SafetyCulture, the global operations platform which empowers working teams to drive improvements in the workplace, has today announced a A$2.2 billion valuation (approx. GBP £1.2 billion), smashing past its previous unicorn status from April […]
