Angela Sormani
Software company Syapse has raised $10 million in Series B financing, led by Safeguard Scientifics with participation from Series A investor, The Social+Capital Partnership. To date, Syapse has raised a total of $14.5 million.
Tensar Corporation has been acquired by Castle Harlan. Tensar Corporation was previously owned by Arcapita.
Book a Tiger, a German online portal for the instant booking of professional cleaners, has completed a seed funding round led by DN Capital. Nenad Marovac, managing partner DN Capital, will join founders Claude Ritter and Nikita Fahrenholz on the board.
Standard Chartered Private Equity has led a $124 million investment to acquire a 28 percent equity stake in a mixed-use commercial development project sponsored by Longfor Properties. Of the total investment amount, $69.4 million was invested by SCPE and the remainder by a large Chinese institutional investor and an Asian family group.
Francisco Partners has promoted Chris Adams, Peter Christodoulo, Petri Oksanen and Matt Spetzler to partner. Francisco Partners is a global private equity firm that specializes in investments in technology companies.
PowerReviews, a provider of ratings and reviews has secured $35 million in Series B equity funding. The round was led by ABS Capital Partners, an investor in later stage growth companies.
3i-backed SLR Management has acquired CCA Environmental Pty. Based in Cape Town, South Africa, CCA is an environmental impact assessment consultant to the international oil and gas industry and South African linear infrastructure sector.
Abingworth has promoted Ken Haas and Vin Miles to partners. They are both based in the US where they source and manage deals including early stage and late stage venture capital, venture growth and public market investments as well as VIPEs (venture investments in public equities).
Perfect Channel has secured growth funding from Beringea, which manages the ProVen Venture Capital Trusts. The investment will be used to build the senior management team, to launch in the US and to expand the development team.
Euro Choice Secondary, a private equity secondary investment programme advised by Akina, has completed its first closing rounds. Euro Choice Secondary targets value, inflection point and high-discount investment opportunities in the European mid-market.