Tag: Private Equity

Financial services-focused private equity player Preservation Capital Partners has doubled down on its recent investment in insurtech underwriting company Ascent by picking up construction-focused underwriting specialist MGA Cove Programs.

Private equity-backed online consumer credit platform Smava is reportedly being prepared for a sale or IPO which could see it valued at up to $500m.

Private equity major KKR has given OneStream Software a valuation of more than $1bn by investing in the company through its buyout and growth funds.

Venture capital-backed payments startup Stripe has scored a spectacular valuation of more than $22.5bn through its latest investment round.

Philadelphia investment house LL Funds has led a $60m Series A round for fintech startup Billd, which is aiming to revolutionise payments in the construction industry.

Global buyout house Advent International has bought a 51 per cent stake in Argentinian payments business Prisma Medios de Pago in a deal valuing the company at about $1.42bn.

Canadian pension major the Public Sector Pension Investment Board has agreed to back insurance brokerage business Alliant Insurance Services.

Business lending and secure finances startup Divvy has sealed a $250m funding facility from Waterfall Asset Management to help it keep up with expected growth in 2019.

Private equity newcomer Resurgens Technology Partners has beaten the target for its debut fund to reach a $200m final close for the vehicle.

Cloud-based financial planning and analysis software developer Vena Solutions has picked up $115m of equity financing led by JMI Equity.