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Jun212021

Private Equity Insider

GI Partners closes USD3.9bn Private Equity Fund VI

GI Partners has closed the GI Partners Fund VI, with USD3.9 billion in total commitments. The oversubscribed fund includes a broad group of global investors and surpassed its target of USD3.25 billion, as well as exceeded its prior Fund V raise of USD2.8 billion in 2017.

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Jun162021

UK Tech Exits

Battery Ventures backed Learnosity acquires SaaS testing and assessment platform Questionmark

FPE Capital LLP (‘FPE’), the specialist software and services growth investor, is pleased to announce the successful sale of its investment in leading SaaS testing and assessment provider Questionmark, to Battery Ventures backed Learnosity. The terms of the transaction are not disclosed.

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Jun032021

Forbes

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.

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Jun022021

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.

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Apr202021

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.

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Feb232021

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...

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Feb192021

Cint

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...

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Feb012021

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...

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Jan072021

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,...

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Dec162020

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...

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