Funds advised by Apax to acquire Lutech
Funds advised by Apax have signed a definitive agreement to acquire a majority stake in Lutech (Lutech), an IT services, software and technology company in Italy, from One Equity Partners, a middle market private equity firm The financial terms of the transaction, which are subject to applicable regulatory approvals, have not been disclosed. Founded in […]
Fy! secures GBP5m in funding round led by Hoxton Ventures
Fy!, a home, living and lifestyle retail platform has secured GBP5 million in a funding round led by Hoxton Ventures, with additional investment from a number of angel investors The funding will enable the team to focus on growth in international territories including the USA, Australia and the EU, and speed up the innovation of […]
Latin America investors commit USD1.2 billion to CD&R Fund XI
Clayton, Dubilier & Rice (CD&R), advised by LatAm advisory and investment firm HMC Itajubá, has closed its latest flagship fund with USD1.2 billion in capital commitments from Latin America investors The capital committed represents one of the largest fundraises for a buyout manager in Latin America to date. The Latin America capital for CD&R fund […]
SK Telecom, Shinsegae Group among bidders for eBay’s Korean business
South Korea’s SK Telecom, retailer Shinsegae Group and private equity firm MBK Partners were among those that entered non-binding, preliminary bids for the sale of eBay Inc’s South Korean business, the telecom company and two sources with knowledge of the matter said on Tuesday. EBay Korea operates open market e-commerce platforms Gmarket, Auction and G9, […]
Rogers’ sweeteners for $16 billion Shaw takeover may test Canadian regulatory
Rogers Communications Inc’s efforts to secure its C$20 billion ($16 billion) acquisition of Shaw Communications Inc could be insufficient to overcome regulatory hurdles and political opposition amid concerns Canadians face some of the world’s highest phone bills. Analysts and fund managers say the company is facing an uphill battle closing the deal even as it […]
Cryptocurrency prediction platform TotemFi raises USD255,000 in strategic funding round
TotemFi, a decentralised finance (DeFi) prediction markets platform for the crypto community, has closed USD255,000 funding round with a roster of strategic investors including DuckDAO, Nabais Capital, LD Capital, Alphabit, Altvest, Moonwhale Ventures, and Bluenode Capital CEO Jolyon Layard-Horsfall says: “We couldn’t be happier with the strategic investors we’ve partnered with; each of them brings […]
ROI acquires Danish fintech Firstborn Capital
Lead generation technology company, ROI Media UK, has acquired Copenhagen-headquartered, Firstborn Capital Firstborn Capital provides digital marketing and lead generation in the fintech space, with a focus on unsecured consumer loans and bank loans through partnerships with leading financial companies and banks. The deal adds SEK9 million of annual revenue for ROI and is the […]
Sentinel Capital Partners closes sale of Pet Supplies Plus
Sentinel Capital Partners, a private equity firm that invests in promising lower mid-market companies, has closed its sale of Pet Supplies Plus (PSP), the third largest pet specialty chain in the US, to Franchise Group, Inc. The deal is valued at USD700 million. Founded in 1988 and headquartered in Livonia, Michigan, PSP is the leading […]
The Gamestop effect may attract investors to private markets
Volatility has been the watchword in public markets since the turn of the year The bull market on tech stocks continued in January before a slight correction as market dynamics shifted in response to the vaccine roll out in the US and UK. Fears of inflation and the so-called Gamestop effect, as a new generation […]
Inflexion makes minority investment in The Goat Agency
Inflexion has made a minority investment in The Goat Agency (Goat), a global social media and influencer marketing agency. The investment is being made by Inflexion Enterprise Fund V, Inflexion’s lower mid‐market fund. Inflexion will work with Goat to sustain its impressive growth trajectory in international markets, with support from Inflexion’s in-country experts. Goat’s data-led […]
