May192023
Restaurant365
Restaurant365 Announces $135M Funding Round Co-Led by KKR and L Catterton
Restaurant365, an industry leading all-in-one restaurant enterprise management software, today announced it has agreed to a $135M funding round co-led by global investment firms KKR and L Catterton with participation from current investors, including ICONIQ Growth and Bessemer Venture Partners.
May182023
Macau Business
BANGKOK, THAILAND – Media OutReach – 18 May 2023 – Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to integrate Tether (USDT) payment rails. Beginning with a phased rollout, the payment rails will be fully available to all members by the end of May. Building on its existing USDC rails that were launched in March, the bank is now enabling members to leverage the world’s most widely adopted stablecoin for payments as an alternative to time-consuming and costly SWIFT rails.
May172023
IT Security Guru
Adarma Announces Management Expansion Amid Rapid Growth
Edinburgh-based Adarma, the leading independent specialist in detection and response services, welcomes three new leaders to its cybersecurity services delivery team.
May122023
Martech Vibe
Boost.ai Adds LLMs To Its Conversational AI
The new update will take advantage of generative AI to suggest messaging content to AI trainers within the boost.ai platform.
Boost.ai, a conversational artificial intelligence solution provider, launched Version 12 of its platform with new large language model (LLM)-enriched features for content suggestion, content rewriting, and accelerated generation of training data.
May112023
Businesswire
NEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Industrial Physics (or the “Company”), a leading manufacturer of testing and measurement instruments, from Union Park Capital (“UPC”). KKR plans to support the Company in its continued growth organically and through add-on acquisitions. Financial terms were not disclosed.
May112023
PR Newswire
Bregal Sagemount and FTV Capital Announce Strategic Growth Investment in Neptune Flood Incorporated
NEW YORK, May 11, 2023 /PRNewswire/ -- Bregal Sagemount ("Sagemount") and FTV Capital ("FTV"), two leading growth-focused private equity firms, today announced a strategic growth investment in Neptune Flood Incorporated ("Neptune" or the "Company"), a leading digital insurtech platform and private flood insurance provider. Sagemount and FTV will acquire a substantial minority stake in the Company, with Neptune CEO and management maintaining majority ownership. Financial terms of the transaction were not disclosed.
May082023
Global Newswire
Resilinc Receives Strategic Growth Investment from Vista Equity Partners
MILPITAS, CA, May 08, 2023 (GLOBE NEWSWIRE) -- Resilinc, a leading supply chain mapping, disruption sensing, and resiliency analytics company, today announced a strategic growth investment from Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses. Resilinc will use the growth capital to accelerate product innovation, talent, and go-to-market functions to meet the growing demand for more resilient, sustainable, secure, and transparent supply chains.
May042023
TECH.EU
HV Capital closes new fund at €710 million
The firm's largest to date, HV Capital's 9th will continue to support European startups and offer ticket sizes ranging from €500,000 to €60 million.
May032023
Cision PR Newswire
New Mountain Capital to buy Apixio from Centene (NYS: CNC; TTM Revenue: $145B)
ST. LOUIS, May 3, 2023 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today that it has signed a definitive agreement to sell Apixio, a leading artificial intelligence platform that enables value-based care, to New Mountain Capital, a growth-oriented investment firm with more than $37 billion in assets under management. Centene acquired Apixio in December 2020.
May022023
Businesswire
Rothschild & Co appoints Marie Quintero-Johnson as Senior Adviser
Rothschild & Co announced Marie Quintero-Johnson has joined as a Senior Adviser to the firm.