Data science firm Tredence raises $175m from PE firm Advent

Data science firm Tredence raises $175m from PE firm Advent

Tredence, the Data Science and AI Solutions company, today announced it has raised $175m in Series B funding from Advent International to accelerate data-fueled growth and AI value realization for industries. Advent is one of the largest and most experienced global...
Peak Rock Capital Backs Label Software Maker Seagull Scientific

Peak Rock Capital Backs Label Software Maker Seagull Scientific

An affiliate of Peak Rock Capital, a leading middle-market private investment firm, announced today that it has completed the acquisition of Seagull Scientific, a leading global provider of software for designing, printing, and automating the production of labels,...
IFF sells savory solutions group to PAI Partners for $900 million

IFF sells savory solutions group to PAI Partners for $900 million

NEW YORK — IFF has agreed to sell its savory solutions group to PAI Partners, a global private equity firm active in the food and consumer industry.  The transaction values the business at about $900 million. New York-based IFF plans to use the cash proceeds net of...