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Private Equity stories

Pollen Street buys Finastra's Universal Banking unit
Data Analytics

Pollen Street buys Finastra's Universal Banking unit

Banks using Universal Banking will see continued support as Pollen Street backs standalone growth and AI upgrades after the deal closes.

By Karen Joy Bacudo • 3 min read • 5 days ago
Kubus acquires Ammcom to boost fibre cabling services
Network Infrastructure

Kubus acquires Ammcom to boost fibre cabling services

Demand for integrated IT and fibre infrastructure work is rising as Kubus adds Ammcom to widen its UK project capabilities.

By Mark Tarre • 4 min read • Last week
British Business Bank backs FPE Capital with £40 million
IT Industry

British Business Bank backs FPE Capital with £40 million

The commitment aims to ease a funding gap for UK scale-ups that have outgrown early-stage backing but remain too small for bigger investors.

By Karen Joy Bacudo • 4 min read • Last week
Lloyds survey: UK financial firms boost AI spending
Data Analytics

Lloyds survey: UK financial firms boost AI spending

AI and emerging tech are becoming a growth priority for UK lenders and insurers, with 91% expecting higher spending over the next year.

By Karen Joy Bacudo • 3 min read • Last week

Global Stories

Private Equity stories

Vanillasoft names Alex Terry Chief Executive Officer
Software-as-a-Service

Vanillasoft names Alex Terry Chief Executive Officer

David Hood is stepping back from day-to-day control as the sales software group seeks to broaden its AI tools and customer reach.

By Sofiah Nichole Salivio • 3 min read • Today
IT solution providers post record margins & valuations
Artificial Intelligence

IT solution providers post record margins & valuations

Higher profitability has helped push enterprise values up by about 15% for the average IT solution provider, according to a new report.

By Sean Mitchell • 4 min read • Today
UBDS Group secures investment from LDC for expansion
Digital Transformation

UBDS Group secures investment from LDC for expansion

The funding will help the London-based consultancy expand through acquisitions and into new markets as demand for digital change and security grows.

By Karen Joy Bacudo • 3 min read • Yesterday
Spektrum Labs names Mark Cravotta Chief Operating Officer
Software-as-a-Service

Spektrum Labs names Mark Cravotta Chief Operating Officer

The hire signals Spektrum's push to turn growing demand for cyber resilience tools into repeatable global sales and channel growth.

By Sofiah Nichole Salivio • 4 min read • Yesterday
ECI Partners celebrates 50 years in UK private equity
Data Analytics

ECI Partners celebrates 50 years in UK private equity

Its growth mirrors the shift of UK private equity from a niche source of finance to a mainstream market, with ECI now managing around GBP £3 billion.

By Joseph Gabriel Lagonsin • 6 min read • 2 days ago
Beauhurst tool reveals 37,000 hidden UK business links
Data Analytics

Beauhurst tool reveals 37,000 hidden UK business links

Investors and policymakers risk missing key assets as Beauhurst says the UK's largest firms use more than 37,000 registered entities.

By Sofiah Nichole Salivio • 4 min read • 2 days ago
Candescent names Jason Edelboim as Chief Executive Officer
Software-as-a-Service

Candescent names Jason Edelboim as Chief Executive Officer

The banking software group is betting on AI-led growth as it seeks to expand its reach across more than 1,300 institutions.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago
General Atlantic takes minority stake in Westcon-Comstor
Software-as-a-Service

General Atlantic takes minority stake in Westcon-Comstor

Access to new capital could help Westcon-Comstor expand its cybersecurity and cloud portfolio after seven straight years of growth.

By Sofiah Nichole Salivio • 4 min read • 3 days ago
Festina Finance wins EUR 25 million growth backing
Digital Transformation

Festina Finance wins EUR 25 million growth backing

The backing values the Danish pensions software specialist at about EUR 200 million and will fund expansion across Europe.

By Karen Joy Bacudo • 4 min read • Last week
Cellares adds USD $50m from Prime Radiant to Series D
Initial Public Offering

Cellares adds USD $50m from Prime Radiant to Series D

The cash will help Cellares build out its European factory network for cell therapies as it eyes commercial-scale operations and a 2027 IPO.

By Sean Mitchell • 4 min read • Last week
LevelFive launches with fixed-price AI software model
Digital Transformation

LevelFive launches with fixed-price AI software model

Mid-market buyers could get software in eight to 12 weeks as the Newcastle studio bets AI will make fixed-fee delivery viable.

By Sean Mitchell • 4 min read • Last week

Stories from Other Regions

Private Equity stories

Meta invests USD $1 billion in CRED as Shah steps back
Data Protection

Meta invests USD $1 billion in CRED as Shah steps back

The Indian fintech group is poised to use fresh capital and a new interim chief executive officer as it prepares for a possible public listing.

By Karen Joy Bacudo • 4 min read • 3 days ago
Probook raises USD $40 million for home services dispatch
Software-as-a-Service

Probook raises USD $40 million for home services dispatch

Home services operators could cut back-office headcount as the New York software firm expands after backing from Andreessen Horowitz and Sequoia Capital.

By Sean Mitchell • 4 min read • 4 days ago