Digital Currency Group Acquires Luno

Lumon Acquires Abacus FX

September 2, 2024

Financial Services

Lumon has agreed to acquire Abacus FX, an international payments specialist with a presence in London and Portugal, to expand its corporate international payments and hedging capabilities. The deal is the sixth acquisition since Pollen Street Capital invested in Lumon in 2018 and is intended to accelerate Lumon's corporate division growth across the UK and Europe.

ICG Acquires Majority Stake in Lomond; LDC and Management Reinvest

December 2, 2024

Real Estate

ICG has invested in Lomond in a transaction in which LDC exits its original investment but will reinvest alongside ICG, founding Chairman Stuart Pender and Lomond management. The recapitalization provides capital to support Lomond's continued roll-up strategy and geographic expansion after the business grew from 600 to 1,900 employees and completed 65 acquisitions under LDC's ownership.

ICG Acquires Lucid Group from LDC

March 10, 2021

Healthcare Services

Alternative asset manager ICG has acquired London-headquartered healthcare communications specialist Lucid Group from mid-market private equity firm LDC. Lucid, which employs around 250 staff and provides medical education, strategic consultancy and digital services to pharmaceutical clients, was backed by LDC since 2017 and grew revenues from about £12m to over £29m during the partnership.

Hg Acquires Majority Stake in LucaNet AG

April 11, 2022

Cloud & SaaS

Hg has agreed to acquire a majority stake in Germany-headquartered financial consolidation and planning software provider LucaNet AG. The investment will support LucaNet's shift to a best-in-class SaaS product, accelerate international sales, and fund M&A to expand capabilities while the founders retain a substantial minority stake and Dominik Duchon will continue as CEO.

LDC Invests £30m in Croud

November 22, 2019

Marketing & Advertising

Mid-market private equity firm LDC has made a £30 million minority growth investment in digital marketing agency Croud. The funding will support Croud's international expansion and further development of its proprietary SaaS platform Serpico and tech-enabled service capabilities.

Gen Digital Acquires MoneyLion for Approximately $1 Billion

April 17, 2025

Payments & Fintech

Gen Digital Inc. has completed the acquisition of MoneyLion Inc. for $82.00 per share in cash, representing an enterprise value of roughly $1.0 billion; MoneyLion shareholders will also receive one contingent value right (CVR) per share tied to Gen stock performance or a change of control. The deal, announced as closed in April 2025, strengthens Gen's financial-wellness capabilities by integrating MoneyLion's consumer fintech ecosystem and marketplace into Gen's consumer cyber-safety and financial offerings.