BFG Partners, a venture capital firm specializing in early-stage food, beverage and consumer products, has sold Birch Benders to Sovos Brands, a food company backed by private equity firm Advent International.
Point-of-sale financing provider LendingUSA has closed a new credit facility and received a total financing package of up to $200m from Atalaya Capital Management.
Venture capital-backed Brazilian challenger bank Nubank has reportedly raised $300m in new funds, according to a filing with the US Securities and Exchange Commission.
Overall, private equity and venture capital funds focused in the region ended 2019 with a record $1.29tn in assets under management, up 34% from 2018.
Laxman Pai, Opalesque Asia: Asia-Pacific (APAC)-focused private equity and venture capital (PEVC) assets under management (AUM) reached a record-high $1.3tn as of December 2019, a 34% increase from a year prior, said a ...Article Link
KICTeam, a portfolio company of Inverness Graham since May 2020, has acquired Teknipure, a maker of c. Teknipure is a manufacturer and distributor of products used to prevent, control, and remove contaminants from cleanrooms and
Applied Composites, a portfolio company of AE Industrial Partners (AEI), has acquired Alliance Spacesystems, a manufacturer and designer of composite structures used in satellite and aerospace applications. Alliance’s activities include the fabrication, assembly, and testing
Monroe Capital provided financing for last month’s buy of GPI Prototype & Manufacturing by Midwest Composite Technologies (MCT), a portfolio company of CORE Industrial Partners. Monroe is an active provider of senior and junior debt
Arbor Investments has named Tom Halverson as a new operating partner of the firm. Since March 2019, Mr. Halverson has served as the chief financial officer for Inari Agriculture, a Massachusetts-based biotechnology company active with
Novo Seeds has led a €1.9m seed financing round for natural food colourant developer Chromologics, with support from Nordic FoodTech VC and Vækstfonden.
Germany-based luxury fashion brand Escada, a portfolio company of US-based sponsor Regent, has filed for insolvency, according to a filing with the Munich district court dated 2 September 2020.
Online plus-size women's fashion retailer Navabi – backed by Verdane, Index Ventures, Seventure Ventures and DuMont, among others – is to be acquired by its founders.
Webster Equity Partners is reportedly eyeing up to $1bn for healthcare investments through the raise of its debut fund solely dedicated to the sector.
Asia-focused alternative asset manager PAG has reportedly hit a $1.5bn final close for its fourth loan fund, just two years after closing its predecessor fund in the strategy.
Indian VC investment firm 3one4 Capital is targeting INR7.5bn ($100m) through the launch of its fifth fundraise.
Cloudentity, a provider of application security and identity-aware authorisation, has closed its Series A round on $13m.
Bain Capital was among investors in the latest investment round for digital asset infrastructure specialist Zero Hash.
The property technology company said it plans to expand operations in Singapore, Malaysia, Vietnam, Thailand and Indonesia
