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Month: November 2020

AMB :- Blackstone acquires quant credit manager DCI

Laxman Pai, Opalesque Asia: American private equity firm Blackstone has completed the acquisition of quantitative credit investing platform DCI. The financial terms of the deal were not announced. According to a press r...Article Link

Certior capital closes €35m fund backed by pension funds and family offices

Finnish private equity firm Certior has announced the first close of its Certior Special Opportunities Fund (CSOF) on €35m.  The fund is backed by a group LPs, including pension funds and family offices. The new

Castle Harlan completes refinancing of Tensar

New York-based private equity firm Castle Harlan has completed a $295m refinancing for its portfolio company Tensar.

Montagu in exclusive talks with Capita to buy its ESS division

The negotiations with the software and consulting company involve the acquisition of its Education Software Solutions business

Blackstone closes acquisition of credit investing firm DCI

American private equity firm Blackstone has completed the acquisition of quantitative credit investing platform DCI.

Norway’s Longship closes second fund at €160m

The firm, a lower mid-market buyout specialist, typically invests between €10m and €50m per deal

Norwegian private equity firm Longship said to close its sophomore fund

Norwegian private equity firm Longship has reportedly closed its sophomore buyout fund on NOK 1.7bn (€160m).

Progressio acquires 30% in CRM platform Assist Digital

Private Equity Fund Progressio Investimenti III has acquired a 30% stake in Assist Digital, a customer relationship management (CRM) and business transformation platform.

Intact Financial Corporation completes a CAD 3.2bn private placement from trio of pension firms

Intact Financial Corporation has completed a CAD 3.2bn ($2.5bn) private placement from a number of Canadian Pension firms.

Firstminute Capital $111m venture fund backed by several decacorn founders

From: FinTech Global Investor Firstminute Capital has launched a $111m venture fund backed by a proverbial who’s-who list of tech entrepreneurs as it gears up to invest in more European tech startups Firstminute Capital raised

Deutsche Beteiligungs AG announces annual results

Deutsche Beteiligungs AG (DBAG) has announced its 2019/20 annual results, noting that while the net asset value of its portfolio fell in this period, it expects its private equity investments to increase in the next

Vista’s Sheth resigns weeks after CEO Smith settles tax probe

Brian Sheth left the technology investor barely a month after the yearslong tax investigation of Robert Smith ended

Norrsken, Partech lead €5m round for Material Exchange

Tech investor Norrsken and venture capital investor Partech have co-led a €5m funding round for Swedish fashion software developer Material Exchange.

Kinnevik leads $70m series-C for HungryPanda

Kinnevik has led a $70m series-C for Chinese food delivery service HungryPanda.

STC Pay said to become Saudi Arabia’s first unicorn after close of new round

Saudi Arabia-based STC Pay, digital payment solution developer, has reportedly reached a $1.3bn valuation after the close of a $200m investment.

G Square backs €40m round for Medadom

G Square Capital has led a €40m series-A funding round for telemedicine startup Medadom.

Mobeus sells stake in Advantedge for 30% IRR

Mobeus has made a 30% IRR from selling its stake in Advantedge Commercial Finance, a provider of invoice finance facilities.

Capita in exclusive talks with Montagu to sell its ESS division

Capita is in exclusive talks with Montagu Private Equity to sell its Education Software Solutions division (ESS).

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