Private Equity stories

Anthropic raises USD $30bn in new backing, lifting the AI group’s valuation to USD $380bn as demand for its Claude models surges.

Seismic to merge with Highspot, uniting rival sales enablement platforms in an AI-first deal with Permira to remain controlling shareholder.

Manchester’s mid-sized firms are stalling investment and expansion, citing volatile costs, policy shifts and tougher access to finance.

Serbus completes six-strong executive team with new finance and security chiefs to drive UK “connect and protect” critical services push.

Paragon has acquired a majority stake in South Yorkshire outsourcing specialist Parseq from Parabellum, boosting its back-office and payments arm.

Specialist Risk Group enters Australia with Sydney and Melbourne offices, targeting mid-market clients as it grows its Asia-Pacific platform.

Copilot Capital promotes Dave Sun to Partner and Zerxis Billimoria to Director as it sharpens focus on pan-European software investments.

Tata Communications has appointed Siddhartha Mundra as chief financial officer, with a phased transition completing on 1 May 2026.

Nebula launches an Impact Rewards scheme that ties partner renewal perks to carbon credits, social housing upgrades and service governance.

Ripjar names Matt Mills Chief Executive to spearhead global expansion as regulatory pressure fuels demand for smarter crime screening tech.

Openmarkets adds two non-executive directors and a new CFO to bolster governance and growth plans ahead of its proposed Nasdaq listing.

Open ECX wins PEPPOL access point status as the UK edges towards mandatory e-invoicing, expected to be introduced by 2029.

ProGlove co-founder Konstantin Brunnbauer becomes managing director as CEO Stefan Lampa steps down and shifts to an advisory role.

Searchlight Cyber has promoted former product chief Michael Gianarakis to CEO as founder Ben Jones moves to a strategic board role.

Marketplace platform Azzet adds veteran Australian executive Yvonne Howie to its board as it ramps up governance for global expansion.

CyberFOX secures nine-figure backing from Level Equity and Radian to scale MSP-focused security tools, AI projects and global expansion.

Conga buys PROS’ B2B software unit, fusing AI-driven pricing with quoting and contract tools for over 10,000 enterprise customers.

UK tech, IT and telecoms leaders grow bolder on risk, eye private equity backing and global expansion despite rising cost pressures.

Teciem debuts in London as an independent treasury software group, backed by Apax and serving more than 340 financial institutions.

Cruxy names Rebecca Osman CFO and COO to spearhead international expansion and deepen work with private equity-backed tech firms.