Financial wellness specialist PayActiv pulls in $100m for Series C round

Financial wellness platform PayActiv has bagged $100m in its Series C funding round to increase its customer base.

EDDI forum to hold first meeting next month

A temporary forum created by the European Central Bank to discuss the proposed European Distribution of Debt Instruments (EDDI) project will hold its first meeting in September.

TSG Invests in American Technologies

TSG Consumer Partners has made an investment in American Technologies, the nation’s largest family-owned and operated restoration contractor. American Technologies (ATI) was founded in 1989 by CEO Gary Moore and as part of this transaction

Keystone Acquires Newport Distribution

Kendell Doors & Hardware, a portfolio company of Keystone Capital, has acquired Newport Distribution, a Chicago-based supplier of doors and door hardware. The buy of Newport expands Kendell’s reach into the Chicago market and complements

Paris-based Andera Partners seeks €450m for European, US biomedical investments

Maturing biotech venture market in Europe drawing more venture capital

Parabellum Investments picks up India operation of IT specialist The Column Group

Parabellum Investments has bought the India business of The Column Group, a US-based privately-owned technology consulting, systems, and services provider it acquired with The Acacia Group earlier this year.

Booming secondaries fundraising market starting to spread its geographic reach – Preqin

Secondaries private equity fund managers have traditionally had a heavy focus on the North America market - but new fundraises are seeing the sector begin to spread its reach, the latest data from Preqin shows.

Venture, tech keep UK market afloat in H1

While buyout and exit volume dropped dramatically in the first half of 2020 in the UK and Ireland, venture investment volume has remained resilient and the technology sector has become an even larger focus for

TA Associates buys into Clearlake Capital portfolio company Ivanti

Clearlake Capital-backed IT management and security software business Ivanti has picked up new investment from global private equity player TA Associates.

Algorithm-based venture capital investor Rocketship.vc raises $100m for heftier second fund

Data science-focused venture capital firm Rocketship.vc has raised $100m for its second fund, more than twice the total raised for its debut vehicle.

Accel-KKR buys into fast-growing subscriptions management platform Recurly

Tech-focused private equity house Accel-KKR has backed subscription commerce management platform Recurly.

Carr’s Hill Capital Partners picks up AXIS Industrial Services

New Orleans private equity house Carr's Hill Capital Partners has bought AXIS Industrial Services, an industrial contractor providing scaffolding, insulation, fireproofing and other services to the US processing and manufacturing sectors.

Octopus Ventures leads £6.6m Series A for payments startup Vitesse

Cross-border B2B payments company Vitesse has bagged £6.6m in a Series A round led by Octopus Ventures.

Paymob secures VC funding to help bolster financial inclusion in Egypt

Egyptian digital payments company Paymob has secured $3.5m in its funding round, which was led by Global Ventures and Dutch Entrepreneurial Development Bank FMO.

A ‘Nike swoosh’ recovery or a V-shaped rebound? City views on Britain’s prospects

Should we be braced for a prolonged period of pain? Or is a sharp recovery expected? City experts give their view

EDDI forum to hold first meeting in September

A temporary forum created by the European Central Bank to discuss the proposed European Distribution of Debt Instruments (EDDI) project will be holding its first meeting next month.

ABN Amro to slim down CIB

ABN Amro plans to quit corporate banking outside of Europe, except for clearing, and also exit trade and commodity finance in a shake-out of its corporate and investment banking activities.

ESM reform hangs in the balance ahead of Italian vote

Italian MPs are threatening to use a vote in parliament this week to derail a recent EU agreement on planned reforms for the European Stability Mechanism (ESM).

Liquidity crisis avoided – now to dodge the solvency crisis

Sovereign and corporate debt has rocketed during the coronavirus pandemic, as liquidity became the essential plaster to cover the almost overnight collapse in consumer spending. European treasurers might be tempted to spend 2021 shying away

MiddleGround Buys Automotive Supplier

MiddleGround Capital has acquired majority ownership of Dura Automotive Systems from Bardin Hill Investment Partners. The buy of Dura is MiddleGround’s sixth platform acquisition in its first fund which closed in August 2019. Dura Automotive

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