Steele Compliance Solutions Inc, a Bregal Sagemount portfolio company, said Aug. 1 that it acquired Osprey Compliance Software. Financial terms weren’t announced. Osprey provides corporate compliance and oversight software.
2 min read · 01 August 2019
Marc Bell Capital said Aug. 1 that Betty Sapp has joined as a senior adviser. Sapp most recently served as director of the United States National Reconnaissance Office, a joint Department of Defense and Intelligence Community Organization.
1 min read · 01 August 2019
Abry Partners said Aug. 1 that it acquired a majority of Franklin Energy Group. Kohlberg & Co LLC are the sellers. Financial terms weren’t announced. Franklin Energy, of Port Washington, Wisconsin, provides demand side management solutions to utility clients.
4 min read · 01 August 2019
Potter Electric Signal Co said Aug. 1 that it appointed Gerald Connolly as its CEO, effective July 29. Connolly succeeded Bernie Lears, who has decided to retire. Connolly most recently was president of Legrand SA’s wiring device solutions division.
4 min read · 01 August 2019
FNA said Aug. 1 that it raised $5.5 million in Series A funding led by IQ Capital. GETTYLAB participated in the round. FNA, of London, provides a platform that aims to help financial institutions map and monitor complex interconnected networks and to simulate operational and financial risks.
3 min read · 01 August 2019
ClearCourse Partnership LLP, which is backed by Aquiline Capital Partners, said Aug. 1 that it acquired Protech. Financial terms weren’t announced. Protech provides customer relationship management software to the not for profit and public sectors from its headquarters in the West Midlands.
3 min read · 01 August 2019
J.C. Flowers & Co LLC said Aug. 1 that it sold Acuon Capital to Baring Private Equity Asia. Financial terms weren’t announced. Acuon, of Seoul, is a consumer finance and leasing company with a $3.9 billion total loan portfolio and 335,000 customers.
3 min read · 01 August 2019
London Stock Exchange Group plc agreed Aug. 1 to buy Refinitiv, a financial data provider, for about $27 billion. The deal will result in Refinitive shareholders, including Blackstone and Thomson Reuters, owning about 37 economic interest and less than 30 percent of total voting rights of the LSEG.
10 min read · 01 August 2019
Wish said Aug. 1 that it raised a Series H round of funding led by General Atlantic. Wish, a San Francisco e-commerce platform, did not reveal how much it raised.
3 min read · 01 August 2019
Vida Ventures said Aug. 1 that its most recent fund closed on $600 million. Vida Ventures II LLC will invest in life sciences. The firm’s first fund closed in November 2017 with $255 million.
6 min read · 01 August 2019