iBanFirst teams up with global investment firm Marlin Equity Partners to finance organic growth and M&A initiatives
Financial services provider iBanFirst, which delivers solutions across banking borders, has secured a growth equity investment to fund product development, international expansion and M&A, from global private equity firm Marlin, which became the fintech’s largest shareholder as a result, replacing existing business angels and some of the company’s early backers. Through the transaction, a number […]
Pathway Capital Management closes on USD400m custom FOF for Asia-based investor
Pathway has closed on a USD400 million customised fund of funds (FOF) for an Asia-based institutional investor. The fund will seek to build a diversified portfolio of primary fund investments and co-investments in both the small and middle markets globally. The fund represents a continuation of Pathway’s successful 30-year history of investing in private markets, […]
Foresight leads round to support growth of Fresh Relevance
Foresight Group (Foresight), a listed infrastructure and private equity investment manager, has made a further investment into Fresh Relevance, following on a record quarter of growth for the company, to accelerate product roadmap roll out and support scaling. Some members of the management team have participated in the funding round, demonstrating strong support for the […]
Private Equity Firm Naxicap Acquires Stromer
Naxicap Partners, a European private equity firm, has reached an agreement to acquire Stromer, the Swiss e-bike brand. Terms were not disclosed. The transaction is subject to customary approvals. Stromer was founded in 2009. It merged with BMC in 2011 and then with the new investment it separated from BMC in 2016. “Over the last […]
Dechert appoints PE partner in Germany
Global law firm Dechert is growing its global private equity practice with the addition of Dominik Stühler as a corporate and securities partner in the firm’s Munich office. Stühler will focus his practice on national and cross-border private equity deals and mergers and acquisitions. Some of Stühler’s high-profile mandates include advising Hg on the sale […]
Kodiak Cakes purchased by private equity firm L Catterton
Pancake maker Kodiak Cakes is being acquired by private equity firm L Catterton for an undisclosed amount, the companies said in a statement. Kodiak has expanded into waffle mixes, frozen waffles, oatmeal, baking mixes and a variety of snacking products. Its better-for-you offerings are currently sold in 26,000 retail locations, including Target, Walmart and Costco. […]
KKR Makes $55 Million Investment in eSSENTIAL Accessibility
KKR today announced a $55 million investment in eSSENTIAL Accessibility (“eA” or the “Company”), the pioneering provider of Accessibility-as-a-Service. As the digital divide for people with disabilities expands and the number of companies facing Americans with Disabilities Act (ADA)-related litigation continues to skyrocket, eA’s digital accessibility platform addresses the growing demand for a comprehensive, sustainable solution. “As our […]
Temasek-backed Flywire valued at $3.4 bln in U.S. market debut
Temasek Holdings-backed payments firm Flywire Corp (FLYW.O) was valued at $3.39 billion in its Nasdaq debut on Wednesday, 239% higher from its valuation after a funding round in February last year, according to data from Pitchbook. The company’s shares opened at $34 each, up from the initial public offering price of $24 apiece. Flywire, founded […]
Thoma Bravo acquires Greenphire
Thoma Bravo, has reached an agreement to acquire Greenphire, the global leader in financial lifecycle management software for clinical trials, from The Riverside Company. The deal, which is subject to customary regulatory approvals, is expected to close in the second quarter of this year. Jim Murphy, CEO of Greenphire, will continue to lead the company […]
Foresight Just Announced First Closing Of Its Latest Regional Private Equity Fund
Foresight Group, an award-winning listed infrastructure and private equity investment manager, announces the first close of the Foresight Regional Investment III LP (the “Fund”) at £65m. The Fund is cornerstone by the Greater Manchester Pension Fund, with strong support from Clwyd and Merseyside Pension Funds. The fundraise comes off the back of the Foresight Regional […]
