Australia’s Five V exits Totara to trade buyer
Australia’s Five V Capital has sold its majority position in employee management software provider Totara to London-based growth equity investor Tenzing for an undisclosed sum.
Five V acquired Totara for about USD 34.2m in June 2020, according to AVCJ Research. Tenzing targets companies valued in a range of GBP 10m-GBP 200m (USD 12.5m-USD 243m). The operations and management...
More on Australasia
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.