Miravast Completes Fundraise For Its Second Flagship Fund
| | |

Miravast Completes Fundraise For Its Second Flagship Fund

Miravast Asset Management LLC recently completed fundraising for Miravast ILS Credit Opportunities II LP with $346 million of fund commitments. The company is a vertically integrated investment manager specializing in underwriting longevity risk and investing in life settlements. The funding will be used to further their investment strategy and pursue additional opportunities in the longevity…

Truelink Capital Management Announces Successful Final Close of Truelink Capital I Fund
| |

Truelink Capital Management Announces Successful Final Close of Truelink Capital I Fund

Truelink Capital Management, LLC, a private equity firm based in Los Angeles, recently announced the successful final close of its first fund, Truelink Capital I, L.P. The Fund exceeded its target by securing $875 million in thirdparty LP commitments, with strong support from various global investors, including pension plans, foundations, family offices, and financial institutions….

National Western Life Group, Inc. Acquired by Prosperity Life Groups S. USA Life Insurance Company in $1.9 Billion Merger
| |

National Western Life Group, Inc. Acquired by Prosperity Life Groups S. USA Life Insurance Company in $1.9 Billion Merger

National Western Life Group, Inc., a parent company of National Western Life Insurance Company, specializing in life insurance and annuity products, has been acquired by Prosperity Life Groups S. USA Life Insurance Company in a $1.9 billion allcash merger. The transaction marks a significant milestone in the expansion of Prosperitys insurance business, bringing together complementary…

Sparq Acquires Kingsmen Software in Strategic Move to Expand Digital Engineering Offerings in Financial Sector
| |

Sparq Acquires Kingsmen Software in Strategic Move to Expand Digital Engineering Offerings in Financial Sector

Sparq, a leading provider of outsourced digital engineering for technologydriven and Fortune 1000 companies, has acquired Kingsmen Software, a U.S.based engineering firm specializing in generative AI strategy, consulting, and full stack development within the financial sector. This acquisition will allow Sparq to enhance its service offerings and provide clients with a greater ability to scale…

Tokinvest Raises $500,000 in PreSeed Funding for RealWorld Asset Tokenisation Marketplace
| |

Tokinvest Raises $500,000 in PreSeed Funding for RealWorld Asset Tokenisation Marketplace

Tokinvest, a pioneering marketplace for realworld asset tokenisation, has secured $500,000 in preseed funding. The company connects realworld asset issuers with global investors through a platform that simplifies the investment process. The funding will be utilized to enhance the platforms technological infrastructure, expand the team, and accelerate market penetration. Leading the funding round was Michael…

CGI Acquires Celeros Credit Union Business, Expanding Managed Service Offerings
| | |

CGI Acquires Celeros Credit Union Business, Expanding Managed Service Offerings

CGI announced the acquisition of Celeros credit union business, adding over 90 credit unions in Canada to their service portfolio. The acquisition includes master services agreements for managed services, core banking, digital banking, and related IT services. The agreement also involves new partnerships with Credit Union Central of Manitoba (CUCM), Alberta Central, and SaskCentral. CGI…

Broadridge Financial Solutions Acquires CompSci Resources, LLC
| |

Broadridge Financial Solutions Acquires CompSci Resources, LLC

Broadridge Financial Solutions, a global Fintech leader, has announced the acquisition of CompSci Resources, LLC, a provider of cloudbased financial technology software for SEC filings. The acquisition aims to integrate CompScis technology platform Transform™ with Broadridges regulatory filings and disclosure capabilities to provide public companies and funds with collaborative, webbased solutions for SEC regulatory disclosure…

Vitura Extends Maturity of €139 Million Loan for Passy Kennedy Acquisition
| |

Vitura Extends Maturity of €139 Million Loan for Passy Kennedy Acquisition

Vitura, a listed real estate company specializing in prime office properties in Paris and Greater Paris, has successfully extended the maturity of a €139 million loan granted for the acquisition of Passy Kennedy. The extension, now set to expire on July 15, 2024, comes as a result of ongoing discussions with investment banks. The company,…

Crossover Markets Raises $12 Million in Series A Funding Round
| | | |

Crossover Markets Raises $12 Million in Series A Funding Round

In a recent press release, Crossover Markets announced the successful completion of its Series A funding round, raising $12 million. The funding was led by Illuminate Financial and DRW Venture Capital (DRW VC), with participation from a prestigious list of strategic investors including Flow Traders, Laser Digital, Two Sigma, Wintermute, and retail brokers such as…

The Aarons Company, Inc. to be Acquired by IQVentures Holdings, LLC
| | |

The Aarons Company, Inc. to be Acquired by IQVentures Holdings, LLC

The Aarons Company, Inc., a leading omnichannel provider of leasetoown and retail purchase solutions for appliances, electronics, furniture, and home goods, has entered into a definitive agreement to be acquired by IQVentures Holdings, LLC, a fintech organization, for an enterprise value of approximately $504 million. The acquisition price of $10.10 per share in cash represents…