Private Equity Wire Newsletter

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NEWSLETTER | 17 Feb 2021

Wed | 17 Feb 2021, 11:49

International technology investment firm, Flashpoint has launched a secondary fund, targeting USD200 million, having completed a first close of USD70 million.

Wed | 17 Feb 2021, 11:49

Vanguard has closed the Vanguard HarbourVest 2020 Private Equity Fund, marking the firm’s one-year anniversary of entering the private equity market in partnership with HarbourVest last year.

Wed | 17 Feb 2021, 11:49

An affiliate of One Rock Capital Partners (One Rock), in partnership with Metropoulos & Co, is to acquire Nestlé Waters North America (NWNA), a provider of bottled water in North America, from Nestlé.

Wed | 17 Feb 2021, 11:49

Goldin Auctions, a marketplace for collectibles and trading cards, has raised ~USD40 million in growth financing from The Chernin Group (TCG), a multi-stage investment firm known for building and investing in emerging consumer businesses in the media, commerce and technology industries.

IK Investment Partners to acquire Innovad Group

Wed | 17 Feb 2021, 11:49

IK Investment Partners' (IK) IK IX Fund is to acquire a majority stake in Innovad Group (Innovad) from CEO and founder Jamal Al-Saifi. Financial terms of the transaction have not been disclosed.

Wed | 17 Feb 2021, 11:49

Axiom Space, which is developing the first commercial space station, has raised USD130 million in Series B funding.

Wed | 17 Feb 2021, 11:49

HSBC Asset Management has launched a UK-focused direct lending investment capability as part of the firm’s ambition to grow its alternative investments platform.

Wed | 17 Feb 2021, 11:49

As sustainability regulation ramps up in Europe, the ESG reporting requirements for asset managers and their products are due to increase sharply. Although new regulations are due to come into force in March 2021, there is still significant uncertainty around what managers will be expected to do. In this changing environment, it is a time for service providers to offer new forms of support to the asset manager community.

GCP exits investment in Infinity Works

Wed | 17 Feb 2021, 11:49

Growth Capital Partners (GCP), a UK mid-market private equity firm that specialises in partnering with owner-managers, has exited its investment in Infinity Works, one of the UK’s leading digital transformation consultancies.

EW GROUP acquires Hygiena from Warburg Pincus

Wed | 17 Feb 2021, 11:49

EW GROUP, a German strategic holding company in the field of animal breeding, health, nutrition and diagnostics, has acquired Hygiena, a specialist in food safety and environmental testing solutions.

Wed | 17 Feb 2021, 11:49

Colossi Games, a specialist in role-playing games (RPG), has secured USD2.5 million in a seed round led by EQT Ventures, with participation from existing investor Play Ventures.

Wed | 17 Feb 2021, 11:49

Private equity firm Baird Capital has sold its portfolio company Collingwood Lighting (Collingwood) to Ambienta. The terms of the transaction have not been disclosed.

YFM invests in Outpost VFX

Wed | 17 Feb 2021, 11:49

Outpost VFX, a UK-headquartered film and TV visual effects company, has secured a multi-million pound investment from funds managed by YFM Equity Partners (YFM) which will enable it to develop its infrastructure, company culture and proprietary platforms, as well as providing a solid base for further international growth across its four international locations.

Wed | 17 Feb 2021, 11:49

Growth capital investor VGC Partners is targeting investments in disruptive future sectors including gaming, luxury e-commerce brands and voice tech, following the firm’s most active 12 months to date.

Billhop raises EUR4m in Series A funding from Element Ventures

Wed | 17 Feb 2021, 11:49

Billhop, a Swedish company which enables businesses and individuals to pay their invoices by credit card, has closed a EUR4 million Series A investment round from financial technology VC Element Ventures (www.elementventures.vc).

Wed | 17 Feb 2021, 11:49

Citizens M&A Advisory served as the exclusive M&A advisor to Bionix Development Corporation on its recapitalisation by Argosy Private Equity.

tru.ID raises GBP3m in funding round

Wed | 17 Feb 2021, 11:49

Mobile authentication platform tru.ID is exiting stealth mode to announce it has secured a GBP3 million funding round from investors including Episode 1, MMC Ventures and NHN Ventures.

Wed | 17 Feb 2021, 11:49

UK law firm TLT has advised longstanding client Blackfinch Energy, an investor in renewable energy and energy infrastructure products, on the acquisition of two new wind energy sites in Scotland.

Deloitte partners with Diligend

Wed | 17 Feb 2021, 11:49

Diligend, an investment management software provider for institutional investors and consultants, has added Deloitte Consulting as a client.

PSG portfolio company Sympa partners with Recruitee

Wed | 17 Feb 2021, 11:49

Sympa, a provider of core HR software in the Nordics and Recruitee, a provider of applicant tracking systems (ATS) in central Europe and the USA, are combining to create a digital HR solutions offering.