Vivino Continues Watershed Year In Online Wine Sales With $155 Million In Funding And CEO Appointment

It was only about ten years ago that Danish entrepreneur Heini Zachariassen co-founded Vivino, the world’s largest wine app. Fast-forward to today where the company has 50 million users in 17 different countries, with wine sales of more than $265 million in 2020, double their 2019 revenues.



Tech Crunch

Yieldstreet raises $100M as it mulls going public via SPAC, eyes acquisitions

Yieldstreet — which provides a platform for making alternative investments in areas like real estate, marine/shipping, legal finance, commercial loans and other opportunities that were previously only open to institutional investors — announced Tuesday that it has raised $100 million in a Series C funding round.



Market Watch

FintechOS nabs $60M for a low-code approach to modernizing legacy banking and insurance services

FintechOS, which has built a low-code platform aimed at larger (older) banking and insurance companies to help them build new services and analytics on top of and around their existing infrastructure, has raised €51 million ($61.5 million at today’s rates, but $60 million at the time of the deal closing) in a Series B round of funding.



London Stock Exchange

London Stock Exchange welcomes Auction Technology Group to the Premium Segment of the Main Market

But insiders told Sky that the date was not yet set in stone and could change. Deliveroo declined to comment on the report. The eagerly anticipated float could easily be one of the largest London IPOs this year and has already been hailed as major victory for the City. The delivery platform is now valued at over $7bn (£5bn) after recently securing $180m in fresh funding...




Cint completes successful IPO, rings the Nasdaq bell and lights up Times Square

Today, we marked a significant milestone in Cint’s 23-year history when we rang the Nasdaq bell and became a public company on the Nasdaq Stockholm stock exchange. Like many events this year, our listing ceremony was a combination of deft timing and technology, as we synced up from locations around the world via Zoom for the count down and the official ringing of the bell at 9:00 am CET. To further mark the occasion, the Cint logo lit up the iconic Nasdaq Tower at Times Square in New York as we joined the coveted Nasdaq family of companies...



L Capital Exits Portfolio Company Ascender to Ceridian

SYDNEY, AUSTRALIA, FEBRUARY 1, 2021 - L Capital Fund I portfolio company Ascender, a leading payroll and HR solutions provider in Asia Pacific, has announced it has entered into a definitive agreement to be acquired by Ceridian (NYSE:CDAY; TSX: CDAY), a global HCM technology and services company. Ascender will broaden...



L Capital Fund II Invests in Mirakl Alongside Permira

PARIS, FRANCE, DECEMBER 2020 L Capital Fund II has made a growth equity investment in Mirakl, a European eCommerce marketplace SaaS platform, alongside Permira, a leading private equity fund out of Europe with €44B in AUM. L Capital has previously invested with Permira in previous portfolio companies: Klarna,...



Elemica Acquires ProcessWeaver, Integrates Parcel TMS

Elemica’s acquisition of ProcessWeaver will complement Elemica’s transportation management capabilities with carrier-compliant parcel shipment execution—allowing companies in the network to digitally integrate 100 percent of their shipments for improved transportation economics. WAYNE, PA Elemica, the...



L Capital Exits Portfolio Company Syndigo to Summit Partners and The Jordan Company

SAN FRANCSICO, CA, DECEMBER 16, 2020 - L Capital Fund I portfolio company Syndigo (fka "Gladson"), a leading provider of a software-as-a-service for product information management and syndication, has announced a new round of growth equity investment led by Summit Partners ("Summit"), a global alternative investment...



PROBE Group Completes Acquisition of Leading Global Experience Provider, Stellar

MELBOURNE, AUSTRALIA, OCTOBER 2, 2020 — L Capital Fund I and Fund II portfolio company, PROBE Group, has completed the acquisition of their leading competitor, Stellar. PROBE is now the largest Australian-owned provider of customer contact and communication solutions (BPO) in Australia. Both organizations have long...