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News
Francisco Partners And KKR To Buy Minority Stakes In TeamSystem At Up To €10 Billion Valuation
12+ hour, 27+ min ago (1128+ words) Francisco Partners and KKR have agreed terms to acquire minority stakes in Italian business software company TeamSystem from majority shareholder Hellman & Friedman, in a transaction valuing the company at between €8 billion and €10 billion, according to Reuters. Francisco Partners is expected…...
Xapien Raises $56M, Moves HQ Leadership to Boston
10+ hour, 29+ min ago (153+ words) An artificial intelligence startup that automates background checks for banks, law firms, and universities is moving its top brass to Boston after pulling in $56 million in new funding. Xapien announced the investment round this week, saying the money will fund…...
Pinegrove Venture Partners Closes Oversubscribed $1.5 Billion Strategic Investors Fund XII
21+ hour, 2+ min ago (210+ words) Pinegrove Venture Partners has closed Strategic Investors Fund XII at $1.5 billion across its Early and Scale strategies. The Strategic Investors Fund program gives institutional investors concentrated exposure to a select group of established and emerging venture managers and the private…...
Matt Travis Leads Bounce Funding Into New Chapter Following £4.75m Hampshire Accountants Acquisition
2+ week, 4+ day ago (812+ words) London, UK – 25 August, 2026 – Hampshire Accountants has acquired Bounce Funding in a £4.75 million transaction, bringing the UK business finance specialist into a growing professional-services group with ambitions spanning the UK, Australia and Asia. Founded by British entrepreneur Matt Travis, Bounce Funding…...
Compass Business Finance unlocks £45m pot from British Business Bank
2+ day, 19+ hour ago (466+ words) The British Business Bank has expanded its partnership with Compass Business Finance, unlocking a £45m funding pot to drive small business growth The British Business Bank has extended its facility with Kent-based lender, Compass Business Finance, to up to £45m. Compass is…...
Council faces £45m budget gap as service costs continue to rise
2+ day, 13+ hour ago (670+ words) Wales’ largest council is facing a £45m hole in its finances next year as rising costs and growing demand for services put further pressure on its budget. Cardiff Council estimates it will cost an additional £60.3m to maintain services at their current…...
Finding a different way to achieve the large-scale progress we need
2+ day, 16+ hour ago (12+ words) thepost.co.nz...
Funding Circle: H1 Revenue Jumps 50% To £138.2 Million, Raises FY26 Guidance And Announces £25 Million Buyback
2+ day, 14+ hour ago (309+ words) Funding Circle reported first-half 2026 revenue of £138.2 million, up 50% year over year, as increased lending volumes, product expansion and operating leverage drove a sharp increase in profitability. Profit before tax increased more than fourfold to £24.1 million from £6 million, with PBT margin…...
Council says every leisure facility under review amid £51m cuts plan
2+ day, 15+ hour ago (543+ words) The scrutiny committee meeting took place at the council’s Time Square offices building Every leisure facility in Warrington will form part of a review amid huge cuts proposed by the cash-strapped council – with ‘all options’ on the table. The Labour-run…...
Durham County Council warns of £80m shortfall and suggests possible tax hike
2+ day, 16+ hour ago (444+ words) A cpuncil has warned it faces a budget shortfall of more than £80 million. Durham County Council is predicting an £83.662 million funding gap over the next four years and says major savings will be needed to balance the books for 2027/28 and…...