1. Home
  2. Blogs for June, 2020

Month: June 2020

BDC invests in Matrix

Bridgepoint Development Capital (BDC) has invested in managed services provider Matrix SCM.

Apiary-backed Conn3ct acquires ICR

Apiary Capital portfolio company Conn3ct has acquired speech application development company ICR Speech Solutions & Services.

Apollo-backed Chuck E Cheese parent company files for bankruptcy due to coronavirus shutdown

Apollo Global-backed CEC Entertainment, the parent company of novelty restaurant chain Chuck E Cheese, has filed for bankruptcy protection in the wake of the coronavirus crippling its operations.

Lonsdale-backed CRSG acquires Acclimatise

Lonsdale Capital Partners portfolio company Cross Rental Services Group (CRSG) has acquired HVAC specialist Acclimatise.

BNP Paribas seals timely €570m-plus fund close to help European SMEs through coronavirus crisis

BNP Paribas Asset Management has raised more than €570m for the final close of its second Euro SME Debt Fund, following its first fund completing its investment period earlier this year.

Central Europe-focused Genesis Capital back with €150m-targeting fundraise

Central Europe-focused private equity house Genesis Capital has launched a €150m fundraise for its sixth flagship buyout vehicle.

FTV Capital follows $1.2bn fundraise by backing capital markets fintech platform Derivative Path

Hot on the heels of raising $1.2bn for its biggest ever fundraise, FTV Capital has bought into capital markets financial technology and services company Derivative Path through a $35m growth equity funding.

US securities regulator uncovers conflicts of interest in private equity

SEC also spotted problems with fee and expense disclosures in its recent examinations of industry firms

Ardian-led consortium takes stake in Inwit from Telecom Italia worth €1.6bn

The deal is one of the largest private investment in public equity (PIPE) deals carried out in Europe recently

Gyrus Capital hires two

Recently-launched GP Gyrus Capital has added Anna Mattsson Samanta and Patrick Vink to its operating and advisory partnership.

Yellow Wood Partners taps veteran beauty, cosmetics CEO Stammer as newest operating partner

Consumer brands-focused private equity investor Yellow Wood Partners has named veteran beauty and cosmetics CEO James Stammer as an operating partner.

DACH venture capital looks for a new normal

Although dealflow in the DACH VC market has remained fairly strong amid the coronavirus crisis, deals have shrunk in average size, and uncertainty lingers. Harriet Matthews reports

Barclays’ lawyers quiz Staveley witness over sale of Newcastle football club

The bank’s attorney Jeffery Onions QC was trying to determine whether Ali Jassim, an adviser to Sheikh Mansour of Abu Dhabi, and Amanda Staveley are still working together

IMF downgrades already-poor economic outlook due to pandemic

The world has made less progress than expected in April in terms of combating the pandemic and salvaging businesses, and so the forecasts have deteriorated

Connect Ventures raises biggest fund to date to target European seed investments

London-based investment house Connect Ventures has sealed a £65m fundraise targeting seed-stage tech deals across Europe.

Grant Thornton LLP names Carlos Ferreira as US private equity managing partner

Professional services firm Grant Thornton LLP has picked Carlos Ferreira as its US managing partner for private equity ahead of the impending retirement of Doug Gawrych.

AI logistics, supply chain management startup 7bridges gets Crane Venture Partners backing

7bridges, an AI-powered automation engine for businesses logistics and supply chains, has launched with a $3.4m seed round led by Crane Venture Partners and LocalGlobe.

Healthcare payments app Cedar nets $102m Series C led by Andreessen Horowitz

Cedar, a FinTech company hoping to simplify the financial experience for patients, has netted $102m in a Series C round led by Andreessen Horowitz.

Shamrock reinvests in AI sports production business Pixellot as leagues begin to return from Covid-19 suspension

AI-automated sports production business Pixellot has picked up a $16m investment round led by current backed Shamrock Capital Advisors.

Warburg-backed data privacy company Privatar expands $80m Series C round with new capital

Warburg Pincus-backed data privacy platform Privitar has raised an additional $7m for its Series C round, having initially closed the round on $80m in April.

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.