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Private Equity Stories - Page 10

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Private Equity stories

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 • Thu, 25th Jun 2026
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 • Wed, 24th Jun 2026
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 • Fri, 19th Jun 2026
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 • Fri, 19th Jun 2026
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 • Thu, 18th Jun 2026
Advancing Analytics secures growth investment from Lead Edge
Data Analytics

Advancing Analytics secures growth investment from Lead Edge

The deal should help the European consultancy expand as demand grows for data analytics and AI advice across financial services and retail.

By Sean Mitchell • 4 min read • Wed, 17th Jun 2026
ICEYE raises EUR 450 million in General Atlantic-led round
Space

ICEYE raises EUR 450 million in General Atlantic-led round

The deal values the Finnish satellite intelligence group at more than EUR 10 billion as governments step up demand for sovereign space systems.

By Mark Tarre • 3 min read • Wed, 17th Jun 2026
ADAPTOVATE launches AI framework to close scale gap
Digital Transformation

ADAPTOVATE launches AI framework to close scale gap

Enterprises are under pressure to prove AI spending is delivering returns, as most pilots still fail to reach day-to-day use.

By Sofiah Nichole Salivio • 4 min read • Tue, 16th Jun 2026
Agiloft names Jason Barnwell Chief Product Officer
Software-as-a-Service

Agiloft names Jason Barnwell Chief Product Officer

The move signals Agiloft's push to tie contract AI to reliable data, with the former chief legal officer now steering product strategy.

By Joseph Gabriel Lagonsin • 4 min read • Tue, 16th Jun 2026
IP Fabric names Jonathan Korntheuer Chief Financial Officer
Software-as-a-Service

IP Fabric names Jonathan Korntheuer Chief Financial Officer

The move signals tighter financial oversight as IP Fabric steps up hiring and targets more enterprise demand for network visibility tools.

By Sean Mitchell • 3 min read • Tue, 16th Jun 2026
Huboo launches US operations with Dallas fulfilment base
Supply Chain

Huboo launches US operations with Dallas fulfilment base

The Dallas launch gives brands a US fulfilment base, helping them ship nationwide and expand into a market that drives overseas sales growth.

By Joseph Gabriel Lagonsin • 4 min read • Fri, 12th Jun 2026

Stories from Other Regions

Private Equity stories

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 • Wed, 24th Jun 2026
Evolution Funding rebrands as Centeca in platform push
Software-as-a-Service

Evolution Funding rebrands as Centeca in platform push

Existing customers will see no change as the renamed group broadens its role in connecting car finance, retail and compliance systems.

By Karen Joy Bacudo • 4 min read • Mon, 22nd Jun 2026
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 • Mon, 22nd Jun 2026
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 • Fri, 19th Jun 2026
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 • Fri, 19th Jun 2026
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 • Fri, 19th Jun 2026
Alethea names Gyanendra Pati, Gaurav Jain to posts
Data Analytics

Alethea names Gyanendra Pati, Gaurav Jain to posts

The Bengaluru firm is adding senior firepower as demand grows for cross-border deal advice paired with execution support.

By Sean Mitchell • 3 min read • Wed, 17th Jun 2026