Private Equity Wire Newsletter

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NEWSLETTER | 1 Feb 2021

Mon | 1 Feb 2021, 11:56

An improved public health environment and the possibility of higher capital gains taxes will likely drive increased merger and acquisition activity in 2021, according to a Citizens survey of 700 leaders at US middle market companies and private equity firms.

Mon | 1 Feb 2021, 11:56

European private equity firm Montagu Private Equity (Montagu) is to acquire a majority position in ITRS Group (ITRS), a global provider of real-time monitoring and analytics software from TA Associates (TA), who will remain a minority holder alongside Montagu and Management.

Mon | 1 Feb 2021, 11:56

Lauxera Capital Partners, a newly created, international healthcare investment firm, announces that it has raised approximately EUR100 million for the first closing of Lauxera Growth I, its debut European HealthTech growth/buyout vehicle.

Mon | 1 Feb 2021, 11:56

Ignite Growth (Ignite), a UK-based investor focused on supporting the growth of ambitious, fast growing companies, has acquired Newcastle Tool & Gauge Ltd (NTG), as the first stage in a buy and build growth strategy.

Wallbox completes EUR33m financing round

Mon | 1 Feb 2021, 11:56

Wallbox has closed a EUR33 million financing round to help propel the company’s expansion into new markets and meet global demand for its award-winning Electric Vehicle charging solutions.

ELSA closes USD15m Series B round

Mon | 1 Feb 2021, 11:56

ELSA, a mobile app that uses artificial intelligence and speech recognition technology to help language learners improve their English speaking skills and pronunciation, has cUSDosed Series B round of USD15 million in new capital.

Mon | 1 Feb 2021, 11:56

Bazaar Group, a market-leading furniture manufacturer and ecommerce retailer based in Cramlington, Northumberland, has secured a multi-million pound investment from Comhar Capital as part of a GBP10 million deal to support its international growth plans.

Mon | 1 Feb 2021, 11:56

Thorntons Investment Management Limited has been provided with funding to support the acquisitions of Matheson Financial Consulting Limited and Sonas Wealth Management Limited by leading alternative finance provider for mid-sized SMEs, ThinCats.

Mon | 1 Feb 2021, 11:56

International law firm RPC has appointed corporate lawyer Connor Cahalane as a partner.

RB invests in Bombay Shaving Company

Mon | 1 Feb 2021, 11:56

Reckitt Benckiser’s (RB) venture division has led a GBP4 million funding round in India-based Bombay Shaving Company (BSC).

Mon | 1 Feb 2021, 11:56

Palatine, a mid-market private equity firm, has appointed Tim Crowley as Director of Investor Relations.

Mon | 1 Feb 2021, 11:56

Levine Leichtman Capital Partners (LLCP) has expanded its US Investment Originations Team with the hiring of Debbie Habib as a Director.

Mon | 1 Feb 2021, 11:56

Investcorp, a global provider and manager of alternative investment products, has appointed Andrea Davis as the firm’s first Head of Corporate Strategy.

Mon | 1 Feb 2021, 11:56

Clayton, Dubilier & Rice has completed the previously announced acquisition of Wolseley UK, a leading specialist distributor of plumbing, heating, climate control, pipe and infrastructure & utility products in the United Kingdom, from Ferguson plc.

Dave secures USD100m credit facility from Victory Park Capital

Mon | 1 Feb 2021, 11:56

US banking app Dave has secured a USD100 million credit facility from global alternative investment firm Victory Park Capital (VPC). The funding will support the growth of Dave’s banking product and accelerate the company’s expansion into new products and features.

Mon | 1 Feb 2021, 11:56

SESAMm, a provider of analytics and artificial intelligence solutions for investment professionals and enterprises, has concluded a Series B funding round for over EUR7.5 million led by the Fintech VC fund of NewAlpha Asset Management and global investment firm The Carlyle Group.

Mon | 1 Feb 2021, 11:56

CybSafe, a behavioural security platform aimed at helping organisations manage human cyber risk, has closed a GBP5.6 million (USD7.9 million) Series A1 round, led by deep tech investors, IQ Capital with participation from Hannover Digital Investments (HDI Group) and B8 Ventures.

Copley Equity invests in AeroMed Group

Mon | 1 Feb 2021, 11:56

Copley Equity Partners (Copley Equity), a private equity firm and family office headquartered in Boston, Massachusetts has completed a growth investment in AeroMed Group (AeroMed) to facilitate the company’s acquisition of etaGLOBAL.