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Category: invest

Argentum turns Mediant equity into debt amid ‘unprecedent demand’ for company’s platform amid Covid

FinTech Mediant’s investors have injected a further $18.5m into the company to fuel the next stage of its strategic growth.

Banking fintech Thought Machine hits $125m for expanded Series B round

Cloud-native core banking technology firm Thought Machine has secured an additional $42m to its Series B, bringing the round’s total value to a hefty $125m.

Capricorn Venture Partners backs pioneering diabetes monitoring startup Indigo’s €38m Series B

Capricorn Venture Partners has made the second investment from its Digital Growth Fund by backing the €38m Series B round for medical device business Indigo Diabetes.

SK Capital seals ‘tremendous opportunity’ in Baker Hughes polymers carveout

Private equity house SK Capital Partners has agreed to buy the speciality polymers business from Baker Hughes.

Covid testing, microbiology and viral lab specialist ALG sold by Thompson Street Capital Partners

Thompson Street Capital Partners has completed the sale of Analytical Lab Group, an industry-leading microbiology and viral lab, to trade buyer Element Materials Technology.

Private equity returns surge as coronavirus causes ‘sugar rush’ of demand in some sectors – PwC

US private equity return multiples have surged this year after the global coronavirus pandemic caused a 'sugar rush' of sudden demand in certain sectors, new research shows.

Global gym operator CrossFit gets private equity backing from Berkshire Partners

Boston-based buyout house Berkshire Partners has agreed to pick up global gym operator CrossFit.

LDC backs triple merger to create new UK cloud managed services business Kerv

UK private equity investor LDC has provided the capital for the £30m merger of a trio of cloud-centric management services companies.

Cybersecurity company CyCognito closes $30m Series B round

CyCognito, a cybersecurity solution that aims to uncover and prioritise risk from attacker-exposed systems, has closed its Series B round on $30m.

GoldPoint Partners co-founder Schumacher joins WM Partners as senior advisor

Mid-market private equity house WM Partners has named Goldpoint Partners co-founder John Schumacher as a senior advisor.

Madison Dearborn nears $4.5bn Fund VIII goal

Madison Dearborn is within touching distance of its $4.5bn goal for its eighth flagship fundraise after passing the $4bn mark for the vehicle.

Placement agent BerchWood brings in two new hires across London, New York operations

Private equity fund placement agency BerchWood Partners has made a pair of new hires across its London and New York offices.

CD&R snaps up veteran US food distributor Cheney Brothers

Private equity major Clayton Dubilier & Rice has sealed an investment in regional US food distributor Cheney Brothers.

DC Capital buys into school architectural design specialist PBK Architects

US private equity house DC Capital Partners has made a strategic investment in education-specialist architectural planning and design company PBK Architects.

Carlyle, Microsoft, Google among big-name backers for Cambrian Asset Management round

Global private equity house Carlyle and tech heavyweights Google, Microsoft and Instagram were among backers of Cambrian Asset Management in its latest investment round.

Humvee military vehicle maker AM General to be bought by private equity house KPS Capital

Private equity house KSP Capital has agreed to buy Humvee military vehicle maker AM General.

Sumeru Equity Partners reveals $100m Ceros strategic investment

Sumeru Equity Partners has made a $100m strategic investment in software-as-a-service design platform Ceros.

Impax holds £377m soft close for open-ended environmental products, services fund

Sustainability-focused investment house Impax Asset Management has struck a £377m soft close for its open-ended fund targeting environmental products and services.

Nuveen launches new impact investment fund eyeing income inequality, climate change-battling deals

The $1tn-managing investment house Nuveen has pulled in its first capital for a new private equity fund targeting income inequality and climate change.

TDR Capital reportedly among bidders lining up for Speedway gas stations buyout, offers could reach $17bn

Private equity house TDR Capital is reportedly among a throng of bidders attempting to buy Marathon Petroleum's network of Speedway gas stations in a deal which could fetch up to $17bn.

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