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iCapital To Buy Parallel Markets To Advance Financial Identity Platform

By Amit Chowdhry ● Jan 20, 2025

iCapital (a fintech platform driving the world’s alternative investment marketplace for the wealth and asset management industries) and Parallel Markets (a leader in reusable financial identity, providing a scalable, end-to-end solution for investor onboarding, verification, and monitoring) announced they have entered a definitive agreement under which iCapital is expected to acquire Parallel Markets.

ThoughtFocus: Sanjib Banerjee Named As Head of Global Payments

By Amit Chowdhry ● Jan 20, 2025

ThoughtFocus - a leading provider of digital services and technology-enabled operations specializing in the financial services industry - announced the appointment of Sanjib Banerjee as Head of the Global Payments Practice.

IBM To Buy Applications Software Technology

By Amit Chowdhry ● Jan 20, 2025

IBM intends to acquire Applications Software Technology, a global Oracle consultancy company. Applications Software Technology offers deep expertise in driving business transformations with Oracle Cloud Applications, including for clients in the public sector, such as local government and K-12 education.

Skor Technologies: Indonesia-Based Personal Finance Company Raises $6.2 Million (Pre-Series A)

By Amit Chowdhry ● Jan 20, 2025

Skor Technologies, the parent company of Indonesia-focused Skorlife and the new Scorecard credit card announced it had raised $6.2 million in its latest Pre-A round. Argor Capital, a Southeast Asia-focused VC, led the round. Its previous investors, QED Investors and Saison Capital, and new investor, the Digital Currency Group, also participated in the round, bringing the total capital raised to more than $12 million for the fintech company.

ServiceNow To Buy Conversational Data Company Cuein

By Amit Chowdhry ● Jan 20, 2025

ServiceNow, an AI platform for business transformation, has agreed to acquire Cuein, a leader in AI native conversation data analysis and insights. And Cuein will help advance the effectiveness of ServiceNow AI Agents by enhancing their ability to understand, process, and transform data from siloed customer interactions across different channels and systems into a comprehensive analysis with actionable insights. This acquisition continues to fuel ServiceNow’s roadmap in agentic AI and reinforces its role as the AI platform for business transformation.

Barry’s: Princeton Equity Group Named As New Strategic Investment Partner

By Amit Chowdhry ● Jan 20, 2025

Boutique fitness leader Barry’s announced a new strategic investment from Princeton Equity Group, a private equity firm focused on investing in and growing franchisor and multi-location companies. Founded in 1998 by Barry Jay, John Mumford, and Rachel Coxton, Barry’s has become synonymous with premium fitness experiences.

Hart Buying Detroit-Based Ageny Rebuild

By Amit Chowdhry ● Jan 20, 2025

Hart, a full-service independent brand transformation agency, announced the acquisition of Rebuild, an agency based in Detroit, Michigan.

Octaura: Interview With Co-Founder & CEO Brian Bejile About The Electronic Trading Solution Company

By Amit Chowdhry ● Jan 20, 2025

Octaura is an electronic trading solution created by the industry for the industry. And Octaura has reimagined the way the syndicated loan and the CLO markets trade. Pulse 2.0 interviewed Octaura co-founder and CEO Brian Bejile to learn more about the company.

EMCOR To Buy Miller Electric Company In $865 Million Deal

By Amit Chowdhry ● Jan 20, 2025

EMCOR Group announced that it has entered into a definitive agreement to buy Miller Electric Company, a leading electrical contractor serving high-growth areas across the Southeastern U.S., for $865 million in cash, subject to customary adjustments. The boards of directors of both of the companies unanimously approved the deal.

Orchid: Identity-First Security Orchestration Company Raises $36 Million (Seed)

By Amit Chowdhry ● Jan 20, 2025

Orchid Security, an emerging leader in identity-first security orchestration, announced it has raised $36 million in seed funding. Co-led by Team8 and Intel Capital, with the support of CapitalOne and industry leaders, including Jeff Williams, Dror Davidoff, and Zohar Alon.

Filmustage: Interview With Co-Founder & CEO Egor Dubrovsky About The Film Pre-Production Enhancement Company

By Amit Chowdhry ● Jan 20, 2025

Filmustage is an AI-based platform that enhances the film pre-production phase from script breakdowns and scheduling to analysis, synopsis crafting, and budget management. Pulse 2.0 interviewed Filmustage co-founder and CEO Egor Dubrovsky to learn more about the company.

Capitol Imaging Services Buying Houston MRI

By Amit Chowdhry ● Jan 20, 2025

Clearview Capital Fund IV and its affiliates announced the acquisition of DRH & Associates (d/b/a Houston MRI & Diagnostic Imaging) by its portfolio company Capitol Imaging Services.

Waverly Advisors Buying Dickinson Investment Advisors

By Amit Chowdhry ● Jan 20, 2025

Waverly Advisors - a federally registered investment adviser (RIA) specializing in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, announced it has acquired Dickinson Investment Advisors, an investment advisory firm in Council Bluffs, Iowa. This partnership expands Waverly's reach into new markets across Iowa.

Apollo And Standard Chartered Sign $3 Billion Financing Partnership For Global Infrastructure and Energy Transition Credit

By Amit Chowdhry ● Jan 20, 2025

Apollo and Standard Chartered announced a long-term strategic partnership to support and accelerate financing for infrastructure, clean transition, and renewable energy globally, utilizing both firms' leading origination and distribution capabilities.

CertifID: Real Estate Wire Fraud Protection Company Acquires Paymints.io

By Amit Chowdhry ● Jan 20, 2025

CertifID, a leader in wire fraud protection for the real estate industry, announced it has acquired Paymints.io. This solution enables digital money transfers by title companies, law firms, and real estate brokerages. The deal marks a significant step forward in CertifID’s position as the most trusted partner for the industry to secure real estate transactions.

DoiT: Cloud Optimization Company Buying LiveDiagrams

By Amit Chowdhry ● Jan 20, 2025

DoiT, a leading global cloud optimization company offering DoiT Cloud Intelligence - a comprehensive multi-cloud platform powered by industry-defining expertise - announced the acquisition of LiveDiagrams, a cloud infrastructure visualization and analysis software.

Eyelit Technologies Buying Adexa For Expanding Supply Chain Solutions

By Amit Chowdhry ● Jan 20, 2025

Eyelit Technologies, a leader in optimized planning, scheduling, and execution systems for manufacturers, announced the acquisition of Adexa, a global provider of AI-driven supply chain and enterprise business planning solutions. This acquisition strengthens Eyelit’s ability to offer end-to-end smart factory solutions.

Crimson Phoenix Buying Intelligence Solutions Provider Blackspoke

By Amit Chowdhry ● Jan 20, 2025

Crimson Phoenix, a leading digital, data, and intelligence analysis and solutions platform backed by Godspeed Capital Management, announced the acquisition of Blackspoke. This acquisition further solidifies Crimson Phoenix’s position as a leader in AI-powered data labeling and geospatial intelligence solutions while adding prime contracts with the National Geospatial Intelligence Agency (NGA) and National Reconnaissance Office (NRO) and furthering innovation in these notable areas.

Creative Dock Buying nFrontier For Expanding Into Hardware Production

By Amit Chowdhry ● Jan 20, 2025

Creative Dock Group (CDG), a corporate venture builder and growth driver for companies in Europe and MENA, announced it has acquired nFrontier, an award-winning specialist in product experience and industrial design. And the innovation studio is known for its product development for clients such as Airbus, BMW, Dräxlmaier, and Vossloh. CDG’s clients include Adidas, Ahold, Amadeus, Avast, Bekaert, Holcim, Mondelēz, JTI, and Veolia.

Applied Digital: Up To $5 Billion Investment Raised From Macquarie Asset Management

By Amit Chowdhry ● Jan 20, 2025

Applied Digital - a designer, builder, and operator of next-generation digital infrastructure for HPC applications - entered into a $5 billion perpetual preferred equity financing facility, with investment vehicles of funds managed by MAM, for its HPC business conducted through APLD HPC Holdings (APLDH), a subsidiary of Applied Digital.

Amulet: Interview With Founder & CEO Abi Barnes About The Food Allergen Sensor Company

By Amit Chowdhry ● Jan 20, 2025

Amulet is a company that is shining a light on invisible threats in our food system. Amulet has two brands: Allergy Amulet, whose signature wearable helps people detect allergens in their food; and Amulet Scientific, which aims to equip food manufacturers with technology to target toxins and contaminants. Pulse 2.0 interviewed Amulet founder and CEO Abi Barnes to learn more about the company.

Sidley: David Grubman And Adam Cromie Named As M&A Partners In New York

By Amit Chowdhry ● Jan 20, 2025

Sidley announced that David Grubman and Adam Cromie have joined Sidley’s M&A practice as partners in the New York office. Grubman joins from Jones Day, where he was M&A Chair for the Americas for the firm’s corporate practice. He will be the global co-leader of Sidley’s M&A practice. Cromie joins from Simpson Thacher, where he was an M&A partner. He had worked with Grubman for seven years.

CIVIE: Strategic Investment Raised From WindRose Health

By Amit Chowdhry ● Jan 20, 2025

WindRose Health Investors, a New York-based healthcare private equity firm, announced it has completed a strategic investment in CIVIE, an AI-based ecosystem of radiology solutions. The company's proprietary technology platform and AI solutions are built to help radiology practices and hospital systems optimize revenue, enhance productivity, streamline operations, and improve patient outcomes. The terms of the transaction were not disclosed.

Kirkland & Ellis: Rodney Hill Named As Tax Partner

By Amit Chowdhry ● Jan 20, 2025

Kirkland & Ellis announced that Rodney Hill has joined the firm as a partner in the Tax Practice Group. Hill advises on the tax aspects of transactions, focusing on investment fund formation and mergers and acquisitions involving investment fund sponsors.

LemFi: $53 Million (Series B) Raised To Transform How Immigrants Access Financial Services

By Amit Chowdhry ● Jan 20, 2025

LemFi, a platform transforming how immigrant communities access financial services, has raised $53 million in Series B funding led by Highland Europe with participation from previous investors Left Lane Capital, Palm Drive Capital, and Y-Combinator. The new funding round brings LemFi’s total capital to $85 million.

DESRI Raises Minority Investment From Macquarie Asset Management

By Amit Chowdhry ● Jan 20, 2025

Macquarie Asset Management (MAM), D. E. Shaw Renewable Investments (DESRI), and the D. E. Shaw group announced that MAM has completed a previously announced significant minority investment in DESRI via several MAM-managed funds. And DESRI is a leading renewable energy company that develops, owns, and operates utility-scale solar, wind, and battery storage projects throughout the United States. The investment will enable DESRI to continue its growth.

Winged Keel Group: Strategic Investment From GTCR Raised

By Amit Chowdhry ● Jan 20, 2025

GTCR, a leading private equity firm, has agreed to invest strategically in Winged Keel Group, an independent life insurance brokerage firm specializing in inter-generational wealth accumulation and estate planning strategies. This investment comes from Winged Keel’s rapid geographic expansion and will fuel the company’s growth. At the same time, it continues to build upon its client service and technology platform, providing enhanced solutions to clients, their advisors, and Winged Keel partners.

Pelican Energy Partners Buying Lancs Industries

By Amit Chowdhry ● Jan 20, 2025

Pelican Energy Partners announced the acquisition of Lancs Industries. Based in Albuquerque, New Mexico, Lancs provides radiation containment and shielding solutions to the U.S. Department of Energy nuclear waste remediation, commercial nuclear power, U.S. Navy, National Laboratory, and pharmaceutical sectors.

AlphaGen Raises $500 Million From ADIA

By Amit Chowdhry ● Jan 20, 2025

ArcLight Capital Partners announced that a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) has agreed to make a $500 million minority investment in AlphaGen, a power infrastructure portfolio owned by affiliates of ArcLight-managed funds.

Shippeo: Multimodal Transportation Visibility Company Raises $30 Million

By Amit Chowdhry ● Jan 20, 2025

Shippeo, a leader in real-time multimodal transportation visibility, announced a $30 million strategic funding round led by Woven Capital, Toyota’s growth fund, with participation from existing investors: Battery Ventures, Partech, NGP Capital, Bpifrance Digital Venture, LFX Venture Partners, Shift4Good, and Yamaha Motor Ventures. This new funding round will support Shippeo’s accelerated expansion across North America and APAC while driving enhancements to its Real-Time Transportation Visibility Platform. With this funding round, Shippeo’s total funding exceeds $140 million.