1. Home
  2. Deal News

Category: Fintech and Finance

Europe’s Nexi agrees to acquire PE-backed SIA for almost €4.6bn in stock

Among the fintech's shareholders are three private equity funds, Advent, Clessidra and Bain Capital

Warburg Pincus exits fintech business Avaloq in $2.2bn deal

Transaction with the Japanese electronics and technology company NEC is expected to close in April 2021

Further Global acquires majority stake in AA Ireland for €240m

Further Global Capital Management has acquired AA Ireland, the roadside assistance and insurance intermediary company, for €240m.

Warburg Pincus sells stake in Avaloq at CHF 2bn valuation

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.

UK insurer Liverpool Victoria in talks with Bain Capital

Liverpool Victoria sold its general-insurance business to Allianz earlier this year

Opalesque Exclusive: Private equity banks on recovery in 2021

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 Exits AI at 24x

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 sells A-Plan to trade buyer Howden

Hg has sold insurance intermediary A-Plan Group to trade buyer Howden.

Hg seals trade sale exit of A-Plan Group after more than doubling revenue at company

European software and tech private equity specialist Hg has scored an exit of UK insurance intermediary A-Plan Group to international trade buyer Howden.

Bank of England to roll out ‘simpler regime’ for small banks post-Brexit

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

VC backers return to help open banking startup TrueLayer to another $25m

Open banking company TrueLayer has added another $25m to its coffers by tapping its existing investors for another cash injection.

Venture capital helps ‘buy now, pay later’ fintech business Affirm to $500m investment round

Affirm, a buy-now-pay-later tech startup, has closed its Series G round on $500m.

Schroders buys £2bn family office Sandaire in UK wealth push

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

Bankers are scared to return as pressure mounts to get back to the office

After maintaining a cautious approach to bringing staff back, investment banks are ramping up the return. A poll found many are happier at home

Financial Sponsor Pro Joins BGL

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 secures $60m in Series D led by Munich Re Ventures

Acko General Insurance has reportedly netted $60m in a Series D round led by Munich Re Ventures.

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.