General Atlantic Invests in Deutsche Börse Index and Portfolio Risk/Analytics Business; Combines DB’s Existing Index Provider with Axioma, Inc.
Deutsche Börse AG (Deutsche Börse) and Axioma, Inc. (Axioma) announced that Axioma has agreed to be acquired by Deutsche Börse for US$850 million cash and debt free (around US$820 million equity value) and will be combined with Deutsche Börse’s index businesses (STOXX® and DAX®) valued at €2.6 billion.
Invoice Cloud, Inc. (“Invoice Cloud”), a leading Software as a Service (“SaaS”) provider of vertical software, billing, and payments solutions, today announced a strategic partnership with General Atlantic, a global growth equity firm. General Atlantic, which will become the majority shareholder, will invest in Invoice Cloud alongside existing shareholder Summit Partners and Invoice Cloud management to help fuel the company’s next stage of growth.
La Caisse de dépôt et placement du Québec (“CDPQ”) and Generation Investment Management LLP (“Generation”) have today announced the acquisition, subject to regulatory approval, of General Atlantic and H.I.G. Capital’s investment in FNZ, in a deal valuing the company at £1.65 billion. The acquisition, which is one of the world’s largest FinTech transactions this year, represents the first investment by CDPQ-Generation, the unique, sustainable equity partnership announced today by CDPQ and Generation.
Greensill, a market-leading provider of working capital finance for companies globally, announced today it has received a strategic investment from General Atlantic, a leading global growth equity firm. General Atlantic’s $250 million investment values Greensill at $1.64 billion.
SigFig, a financial technology company for banks, advisors, and consumers, announced today that it has raised $50 million in Series E funding. The round was led by General Atlantic, a leading global growth equity firm, with participation from existing investors including Bain Capital Ventures, DCM Ventures, Eaton Vance, New York Life, Nyca Partners, UBS, and Union Square Ventures.
Alkami Technology Inc., a leading provider of digital banking solutions to credit unions and banks, announced today that General Atlantic, a leading global growth equity firm, has made a strategic investment in the company. General Atlantic will be joining existing investors S3 Ventures, Argonaut Private Equity, and a number of other strategic fintech investors in Alkami’s next stage of innovation, growth, and expansion.
General Atlantic, a leading global growth equity firm, today announced the appointment of Aaron Goldman to Head of Financial Services and Software for the EMEA region. Mr. Goldman, who joined General Atlantic’s New York Office in 2007, has relocated and will now be based in the firm’s London office.
Karvy Computershare, a leading provider of investor and issuer services for the asset management industry and Indian corporations, announced today that it has entered into definitive agreements for General Atlantic to become a significant shareholder in the company, subject to regulatory approvals and custom closing conditions. As part of the transaction, Computershare Limited (ASX: CPU) and certain other shareholders will exit their investments in Karvy Computershare. C. Parthasarathy, will continue as a meaningful shareholder in Karvy Computershare and will become Chairman of the Board of Directors.
ControlExpert, a leading service provider to the car insurance industry, today announced a strategic partnership with General Atlantic, a leading global growth equity firm. General Atlantic provides capital and strategic support to growth companies by combining sector-specific expertise, a long-term investment horizon, and a deep understanding of growth drivers to partner with great management and build exceptional businesses worldwide.
Insurity, Inc., a provider of core insurance processing software and data integration and analytics solutions, announced today that General Atlantic, a leading global growth equity firm, has made a strategic growth investment in the company. General Atlantic joins TA Associates and Genstar Capital as an investor.
General Atlantic, a leading global growth equity firm, announced today that Eric Zhang, former Global Partner and Managing Director of The Carlyle Group, has joined General Atlantic as Managing Director and Head of China. Mr. Zhang will lead the firm’s investments in growth companies across China.
General Atlantic and Warburg Pincus Make Strategic Growth Investment in Network International as The Abraaj Group Exits 5-year Investment
Network International (the “Company”), a leading payment solutions provider in the Middle East and Africa, today announced that affiliates of global investment firms Warburg Pincus and General Atlantic have agreed to acquire a 49% stake in the Company from The Abraaj Group (“Abraaj”). Emirates NBD will continue to own a 51% stake in the Company.