Värde Partners promotes Brendan Albee to partner, names two new senior managing directors

Credit and distressed investment specialist Värde Partners has named Brendan Albee as its newest partner amid a trio of promotions.

Apax-backed ThoughtWorks gets $720m investment

The software consulting firm will use the proceeds to buy back equity from existing investors

Software and Hi-Tech
Holland Capital backs Dimensys

Holland Capital backs Dimensys

Holland Capital has invested in Dimensys, a Dutch company specialised in asset and product lifecycle management.

Software and Hi-Tech
WMS backs FruchtExpress MBI

WMS backs FruchtExpress MBI

Wachstumsfonds Mittelstand Sachsen (WMS) has backed the management buy-in of fruit and vegetable wholesale business FruchtExpress, backing the company alongside incoming managing director Holger Schmitz.

European PE dealmaking, distressed and turnaround fundraising set for record highs in 2021: PitchBook

European private equity dealmaking will set a record high in 2021 as firms look to deploy cautious aggression amid a recovery from the coronavirus pandemic, PitchBook is predicting.

Software and Hi-Tech
Litorina, Bragnum back Nordic Surface Group

Litorina, Bragnum back Nordic Surface Group

Nordic investor Litorina, together with Bragnum Invest, has acquired Nordic Surface Group (NSG) from Capillar Equity.

Appointments
CBPE hires Arma to sell Xceptor

CBPE hires Arma to sell Xceptor

CBPE Capital has hired Arma Partners to sell data automation software provider Xceptor.

Software and Hi-Tech
Spectrum invests $51m in Quantile

Spectrum invests $51m in Quantile

Spectrum Equity has injected $51m in growth capital funding into optimisation engine Quantile.

Angel / Venture
Forbion et al. in $196m round for NewAmsterdam Pharma

Forbion et al. in $196m round for NewAmsterdam Pharma

Forbion, Morningside Ventures and Ascendant BioCapital have led a $196m series-A funding round for Dutch clinical-stage biotechnology company NewAmsterdam Pharma (NAP).

Angel / Venture
VCs in $160m series-D for Sennder

VCs in $160m series-D for Sennder

A consortium of venture capital investors, including Lakestar and Accel, has backed a $160m series-D round for Germany-based freight and logistics software platform Sennder.

SS&C GlobeOp Hedge Fund Performance Index up 3.70% in December

Opalesque Industry Update - SS C Technologies Holdings announced that the gross return of the SS C GlobeOp Hedge Fund Performance Index for December 2020 measured 3.70%. Hedge fund flows as measured by the SS

Apax-backed ThoughtWorks hits $4.6bn valuation thanks to flurry of new investors

Private equity house Apax has seen its portfolio business ThoughtWorks boosted to a $4.6bn valuation thanks to a string of new investors committing to the company.

Pharma and Healthcare
G-Square acquires Diagnostic Healthcare

G-Square acquires Diagnostic Healthcare

G-Square Capital has acquired Diagnostic Healthcare, a medical imaging company.

Software and Hi-Tech
Abénex backs Squad MBO, Apax exits

Abénex backs Squad MBO, Apax exits

Abénex has backed the management buyout of French cybersecurity firm Squad.

Warburg Pincus leads $125m investment in online loan platform LendingPoint

Online loan platform LendingPoint has secured a $125m preferred equity investment from private equity firm Warburg Pincus.

Healthcare-focused Heritage Group closes oversubscribed Fund III on more than $300m

Heritage Group has boosted its fundraising through the final close of its oversubscribed third investment vehicle on more than $300m.

Software and Hi-Tech
Total acquires PCML for EV of £20m

Total acquires PCML for EV of £20m

Total Capital Partners has agreed to acquire precision engineering business PCML Group for an enterprise value of £20m.

BlackRock’s profit and assets surge

The firm has focused on growing more lucrative areas of the business such as private equity

Audax hits $1.7bn final close for GP-led secondary fund to buy up assets from its 2012-vintage Fund IV

Audax Private Equity has sealed a $1.7bn final close for its first Continuation Fund, which will buy up portfolio companies from its 2012-vintage Fund IV.

Angel / Venture
Valar Ventures leads €21m round for Moss

Valar Ventures leads €21m round for Moss

Valar Ventures has led a €21m series-A funding found for Germany-based corporate credit card startup Moss.

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