Nexion Group eyes M&A with $21M funding
Cloud provider Nexion Group secured $21 million from Parc Capital to pursue acquisitions, starting in New Zealand. The piece recalls its ASX listing, an earlier merger, and the founders' recent departure.
Venture capital fund · 2 deals
Private equity firm backing founders for sustainable growth
Bondi Junction, NSW
Every published round Parc Capital took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Mosh | Unnamed stage | 7 Feb 2022 | $25m | Participant | Startup Daily, SmartCompany | |
| Mosh | Bridge / extension | 28 Aug 2019 | $1m | Participant | SmartCompany (Tue 18 Jan 2022), SmartCompany (Wed 28 Aug 2019) |
Companies Parc Capital has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Mosh | 28 Aug 2019, Bridge / extension | 2 | 0 |
Fund closes reported for Parc Capital, as distinct from the investments it has made.
Companies Parc Capital has backed that another company then bought. An exit for the holding, not a deal Parc Capital did.
Stories naming Parc Capital. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Cloud provider Nexion Group secured $21 million from Parc Capital to pursue acquisitions, starting in New Zealand. The piece recalls its ASX listing, an earlier merger, and the founders' recent departure.
Australian men's health startup Mosh has secured $25 million in fresh capital from Hims co-founder Joe Spector, Washington H. Soul Pattinson and Regal Funds Management, with existing backers Parc Capital and Thorney also participating.
Also Startup Daily
Terem announces Parc Capital has invested $3m to help the product-building firm scale its client work and pursue acquisitions, with Parc founding partner Jason joining its board.
Sydney product consulting firm Terem Technologies raised $3 million led by Parc Capital, planning acquisitions to challenge big-four consultancies, with clients including Qantas, IAG, ATO and MYOB.
Sydney men's health startup Mosh has raised $1 million in a bridging round backed by Parc Capital and Tinder's co-founders, as it expands into sexual health, skincare and mental health products.
Also SmartCompany