Funding News

BOSTON--(BUSINESS WIRE)--THL Partners, a premier private equity firm investing in middle-market growth companies, today announced the final close of THL Equity Fund X, L.P. (“Fund X”) with $6.35 billion in investable capital. Fund X received strong support from a diverse group of both existing and new investors, including public and corporate pension funds, sovereign wealth funds, financial institutions, and family offices across North America, Latin America, Europe, Asia, Australia, and the Mi...

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) and Delek Logistics Finance Corp., a subsidiary of Delek Logistics (together with Delek Logistics, the “Offerors”), announced today that they have commenced a cash tender offer (the “Offer”) for any and all of their outstanding 7.125% Senior Notes due 2028 (the “Notes”), upon the terms and conditions set forth in the Offer to Purchase, dated as of May 4, 2026, and the related Letter of Transmittal an...

COLUMBUS, Ohio--(BUSINESS WIRE)--The O.H.I.O. Fund today reported strong first-quarter momentum, increasing total committed capital to its private funds from $356 million at the end of Q4 2025 to $647 million on March 31, 2026. The O.H.I.O. Fund is a private fund investment adviser seeking to generate strong returns for investors while supporting economic growth in Ohio. The increase was driven by more than $290 million in commitments from 18 new investors in the firm’s evergreen fund. These co...

NEW YORK & LONDON--(BUSINESS WIRE)--Reserv Inc. (“Reserv”), the parent company of Reserv Claims Analysis, LLC - the Property and Casualty (P&C) Insurance industry’s largest AI-native third-party administrator (“TPA”) - and Reserv Technologies, LLC - a claims intelligence provider - today announced a $125 million Series C funding round led by KKR, with participation from existing investors including Bain Capital Ventures and Flourish Ventures, as well as select strategic partners and clients...

PHILADELPHIA & BOSTON--(BUSINESS WIRE)--Latus Bio, Inc. (Latus), a biotechnology company engineering scalable gene therapies for broader patient populations, today announced the closing of a $97 million Series A financing to support its innovative therapeutics pipeline. The financing includes a $43 million extension led by 8VC, with participation from existing investors DCVC Bio, BioAdvance, Benjamin Franklin Technology Partners, Modi Ventures, Gaingels, and Hatch BioFund. Korea Development Ban...

CALGARY, Alberta--(BUSINESS WIRE)--DevvStream Corp. (Nasdaq: DEVS) (“DevvStream” or the “Company”), a carbon management and environmental-asset monetization firm, today announced a definitive, exclusive agreement with PT PLN Indonesia Power (“PLN Indonesia Power” or “PLN IP”), a sub-holding of Indonesia’s state-owned electricity company, PT PLN (Persero), giving DevvStream exclusive rights and title to carbon credits resulting from PLN IP’s solar plant operations. Under the agreement, DevvStrea...

NEW YORK--(BUSINESS WIRE)--Audax Private Debt Closes $1 Billion Private Credit Continuation Vehicle, Led by Pantheon...

PHILADELPHIA--(BUSINESS WIRE)--Datavault AI Inc. (“Datavault AI” or the “Company”) (NASDAQ:DVLT), a provider of data monetization, credentialing, digital engagement, and real-world asset (“RWA”) tokenization technologies, today announced that it has entered into a definitive agreement with certain institutional investors for the purchase and sale of an aggregate of 109,090,910 shares (the “Shares”) of its common stock in a registered direct offering. The offering is expected to result in gross...

VANCOUVER, British Columbia--(BUSINESS WIRE)--Spanish Mountain Gold Ltd. (the "Company" or "Spanish Mountain Gold") (TSX-V: SPA) (FSE: S3Y) (OTCQB: SPAUF) is pleased to announce that it has closed the first tranche of its previously announced royalty sale (the “Royalty Financing”) to Wheaton Precious Metals Corp. (“Wheaton”). As part of the first tranche closing, the Company received US $22.5 million from Wheaton. A further US$32.5 million is available to the Company under the terms of the Roya...

BOCA RATON, Fla.--(BUSINESS WIRE)--DigitalBridge Group, Inc. (NYSE: DBRG) (the “Company”) today announced two of its subsidiaries, DigitalBridge Issuer, LLC and DigitalBridge Co-Issuer, LLC (together, the “Co-Issuers”) have priced an offering of $300 million aggregate principal amount of Series 2026-1 6.326% Secured Fund Fee Revenue Notes, Class A-2 (the “Class A-2 Notes”). Interest payments on the Class A-2 Notes are payable on a quarterly basis. The anticipated repayment date of the Class A-2...