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Thomas H Lee Partners buys into asset finance software business Odessa

Thomas H Lee Partners has picked up asset finance software specialist Odessa to build out the business. The post Thomas H Lee Partners buys into asset finance software business Odessa first appeared on AltAssets Private

Real-time accent reduction firm gets seed capital

Sanas.ai raises $5.5m after developing software that modifies pronunciation to make accented speech more like Standard American English

Oakley invests USD 35m in Seedtag

Oakley Capital has made a USD 35m investment in Spain-based Sedtag, a contextual advertising software platform.

Accel leads USD 140m round for CommerceTools

Accel has led a USD 140m Series C funding round for Germany-headquartered e-commerce software developer CommerceTools.

Funds swarm first Allfunds block since IPO

The €880m share sale by Credit Suisse, BNP Paribas and Hellman & Friedman was multiple times covered, according to sources

Software investor Diversis collects $675m for second fund in just three months, almost triple Fund I size

Diversis Capital has closed its second software-focused fund on $675m within three months of its formal launch, surging past its initial $500m target. The post Software investor Diversis collects $675m for second fund in just

HIG to collect first-round bids for Conet next week

HIG Europe will collect indicative bids next week for portfolio company Conet Technologies, a German IT and software development company, two sources familiar with the matter said.

Aeternum et al. invest in Hg's Visma at EUR 16bn EV

Aeternum Capital, Government Pension Fund Norway (Folketrygdfondet), Vind and GIC have invested in Norway-based enterprise software platform Visma, a portfolio company of Hg.

Blackstone Growth to buy into Dynamo Software to “catch tailwinds” in alternative investment management industry

Blackstone Growth has agreed on a strategic growth investment in cloud software provider Dynamo Software. The post Blackstone Growth to buy into Dynamo Software to “catch tailwinds” in alternative investment management industry first appeared on

PE-backed Visma surges to $16bn valuation through new investment round

Private equity-backed software business Visma has surged to a $16bn valuation thanks to a new round of investment from backers including Norway's giant Government Pension Fund. The post PE-backed Visma surges to $16bn valuation through

KKR fully exits SoftwareOne

KKR has fully exited its stake in listed Switzerland-based SoftwareOne; the deal ends a six-year investment period that saw the GP acquire a 25% stake in the company, followed by an IPO in 2019.

Hedge funds gain as political risks rise

Opalesque Industry Update - Equity Hedge tops strategy performance as HFRI posts 10th gain in 11 months following uncertainty around Afghanistan, stimulus, spending and reopening increase. Hedge funds advanced in August, despite increasing risks associated

Alpine races to $2.25bn Fund VIII close in just four months, more than doubles predecessor vehicle size

Software-focused private equity house Alpine Capital has closed its eighth investment fund on its $2.25bn hard cap, less than four months after its launch in May. The post Alpine races to $2.25bn Fund VIII close

KKR completes its investment journey with SoftwareONE

Stans, Switzerland and London, 08 September 2021 – KKR, a leading global investment firm, today announced that KKR has sold the final part of its stake in SoftwareONE (SIX: “SWON”), a leading global provider of

Thoma Bravo takes stake in cyber threat intelligence business Intel 471

Software-focused private equity major Thoma Bravo has agreed a growth investment in cyber threat intelligence provider Intel 471. The post Thoma Bravo takes stake in cyber threat intelligence business Intel 471 first appeared on AltAssets

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