Capitalflow bought by Bunq in deal worth €141m
Capitalflow, a specialist business lender founded in 2016, has been acquired by Bunq in a deal valued at around €141m, according to the Dutch challenger bank’s owner. The deal, which was announced last week and is pending regulatory approval by the Dutch financial regulator, is set to give Capitalflow improved access to funding at competitive […]
CAPITAL INTERNATIONAL’S ACQUIRES 12% STAKE IN MICROSTRATEGY
Business intelligence firm MicroStrategy (MSTR) just spilled intel that the financial services company of Capital International has acquired a huge equity stake from them. Reports are suggesting that the latter has invested over half a billion dollars into the former. If the Securities and Exchange Commission filing made by MicroStrategy is anything to go by, […]
Traeger Grills to acquire MEATER
Traeger Grills (Traeger), a specialist in wood-pellet grills, has acquired MEATER, a global leader in wireless meat thermometers for all cooking and preparation methods. Traeger has been at the forefront of outdoor cooking innovation since the late ’80s when it blazed a trail for the wood-pellet grill category. But what started with an auger feeding […]
DN Capital launches $350m tech fund to shape post-pandemic world
Venture capital firm DN Capital has announced the launch of its latest USD350 million fund, focusing on early-stage founders developing tech to boost the global post-Covid recovery. In an unprecedented global economic environment, the firm’s fifth fund will back early stage entrepreneurs across Europe, the UK and the US who are looking to create businesses […]
French battery start-up Verkor raises €100 million
Less than one year after its launch, the French battery company Verkor has raised €100 million (US$119 million) in funding. Co-led by EQT Ventures and Renault Group, with participation from the French Government and Auvergne-Rhône-Alpes Region, the funding will support the company’s expansion, and trigger the construction of the Verkor Innovation Centre (VIC) where the […]
Audax Private Equity Announces Investment in Solve Industrial Motion Group
Audax Private Equity (“Audax”) today announced that it has acquired a controlling interest in Solve Industrial Motion Group (“Solve” or the “Company”), a leading provider of high-quality power transmission components and industrial-grade bearings, from Incline Equity Partners. Solve is a leading manufacturer and value-added service provider of highly engineered, specialty bearings and other power transmission […]
Peloton Capital Management holds final closing of first fund at $550m
Peloton Capital Management (PCM), a Canadian private equity firm with a long-term approach to middle-market buyouts in the North American market, has closed its first fund at $550 million. The Investment Management Corporation of Ontario (IMCO), an Ontario public fund manager with USD73.3 billion of assets under management, has invested in the fund alongside Canada’s […]
Waystone secures significant growth investment from Montagu Private Equity
Waystone, a provider of institutional governance, risk and compliance services to the asset management industry, has secured a significant investment from Montagu Private Equity. The investment represents a significant opportunity for Waystone to build upon its current expansion plans and continue to invest in offering its clients an extensive set of global solutions. The investment, […]
Aliante closes €160m preferred equity transaction with Pomona Capital
Aliante Partners, an Italian buyout investor, has completed a preferred equity transaction for the investment vehicle Aliante Equity 3. Pomona Capital was the sole investor in the transaction that included a liquidity option provided to shareholders in the vehicle and a second preferred equity line for add-on acquisitions in the portfolio companies held by […]
Genstar Capital to acquire majority stake in Foreside Financial Group from Lovell Minnick Partners
Genstar Capital (Genstar), a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries, is to acquire a majority stake in Foreside Financial Group (Foreside), from Lovell Minnick Partners (LMP). Foreside provides a robust offering of distribution solutions and governance, risk management and compliance (GRC) solutions to […]
