Browsing: secures

Vinted, Europe’s leading second-hand fashion marketplace, has announced the successful completion of a €340 million secondary share sale, boosting its valuation to €5 billion. The transaction, spearheaded by TPG (NASDAQ: TPG), a prominent global alternative asset manager, reinforces Vinted’s growth trajectory in the expanding second-hand market. This latest funding round diversifies Vinted’s investor base and acknowledges the contributions of its employees and early investors to the platform’s success. TPG’s Tech Adjacencies (TTAD) strategy, which provides flexible capital solutions to technology firms, led the investment. Notable participants in the funding included major investment funds such as Hedosophia, Baillie Gifford, Invus Opportunities,…

Great Britain’s wakeboarding team secured five medals, including two golds, at two separate European Championships that concluded over the weekend. The medals were won across both cable and boat wakeboarding disciplines. Stephanie Williams-Caller (39) and Dale Crossley (40) claimed gold medals at the IWWF Europe & Africa Youth and Senior Cable Wakeboard Championships held in Turin, Italy. Williams-Caller, who resides in Chamonix, France, was crowned the 2024 Masters Women (Over 30) Champion, while Crossley, from Farnborough, Hampshire, triumphed in the Veteran Men (Over 40) category. Williams-Caller has been representing Great Britain in the Masters Women category since 2016. She is…

SRSLY Low Carb, a Hertfordshire-based food company, has announced a major distribution deal set to elevate its presence in the US market. The company has signed an exclusivity agreement with Gourmet Foods International (GFI), a leading specialty food distributor headquartered in Decatur, Georgia. This partnership marks a significant step forward for SRSLY, as it aims to introduce its range of healthy, low-carb food products to a broader American audience. Under the new deal, SRSLY Low Carb pizza range will be stocked in Harris Teeter supermarkets, which operates over 250 stores across seven South Atlantic states and Washington, D.C. Harris Teeter…

CloudPay Secures $120 Million Funding to Bolster its Global Customer Base Andover, UK, 8 August 2024 – CloudPay, the leading independent provider of global payroll and payment solutions, today announces the successful completion of a $120 million funding round led by Blue Owl Capital, with participation from existing shareholders Rho Capital Partners, The Olayan Group, and Hollyport Capital. This investment fortifies CloudPay’s capital base and provides flexibility for future growth initiatives. With a distinguished 30-year history, CloudPay has established a world-class customer base, collaborating with over 280 corporate clients to manage their payroll and payment requirements across more than 130…

In a bid to broaden its middle-grade fiction selection, Sweet Cherry Publishing, Leicester’s highly acclaimed independent publisher, has inked a 3-book agreement with Rutendo Dione. The forthcoming adventure series, named Presto!, provides a modern twist on cherished fairy tales such as Little Red Riding Hood and Hansel and Gretel. Starting in Brixton, London, the series transports readers to far more magical realms! When 11-year-old Amber sees the Big Bad Wolf suddenly appear in her living room, she discovers that not only are fairy tales real, but her uncle is a thief who retrieves stolen items and missing persons from the…