B2B Fintech Tipalti Raises $150 Million at a Valuation of More Than $2 Billion to Accelerate Its Mission to Elevate the Finance Function
Among the fintech's shareholders are three private equity funds, Advent, Clessidra and Bain Capital
Transaction with the Japanese electronics and technology company NEC is expected to close in April 2021
Further Global Capital Management has acquired AA Ireland, the roadside assistance and insurance intermediary company, for €240m.
Japan-headquartered NEC Corporation has wholly acquired Switzerland-based banking software platform Avaloq from existing shareholders, including Warburg Pincus, in a deal valuing the fintech company at CHF 2.05bn.
Liverpool Victoria sold its general-insurance business to Allianz earlier this year
Bailey McCann, Opalesque New York: New data from accounting firm BDO suggests that private equity fund managers are banking on a significant recovery in 2021. BDO's Private Capital Pulse Survey is a survey of 100
Windjammer Capital has agreed to sell Advanced Instruments to Patricia Industries, a subsidiary of industrial holding company Investor AB, at an enterprise value of $780 million. Windjammer acquired Advanced Instruments from its founding family in
Hg has sold insurance intermediary A-Plan Group to trade buyer Howden.
European software and tech private equity specialist Hg has scored an exit of UK insurance intermediary A-Plan Group to international trade buyer Howden.
The deputy governor of the BoE Sam Woods said that the UK would return to a more ‘British-style’ of regulation after the transition period
Open banking company TrueLayer has added another $25m to its coffers by tapping its existing investors for another cash injection.
Affirm, a buy-now-pay-later tech startup, has closed its Series G round on $500m.
The deal comes after Schroders made a big push into the UK wealth management sector after launching Schroders Wealth in 2019 — a joint venture with Lloyds Banking Group
After maintaining a cautious approach to bringing staff back, investment banks are ramping up the return. A poll found many are happier at home
Brown Gibbons Lang & Company (BGL) has hired Heather Mosbacher Reiner as a managing director in the firm’s financial sponsor coverage group. Ms. Reiner will be based in New York City. Ms. Reiner has more
Acko General Insurance has reportedly netted $60m in a Series D round led by Munich Re Ventures.