NorthInvest extends partnership with law firm Gordons
Digital and tech start up investment network NorthInvest has extended its strategic partnership with law firm Gordons following a successful three-year relationship.
Digital and tech start up investment network NorthInvest has extended its strategic partnership with law firm Gordons following a successful three-year relationship.
NorthEdge and The Belfield Group (‘Belfield’) have completed the sale of Usleep, a specialist mattress manufacturer, to The Vita Group (Vita) a manufacturer of premium foam products, for an undisclosed sum. Usleep is a subsidiary of upholstery and home furnishings manufacturer Belfield, which secured private equity investment from NorthEdge in
New York-based private equity firm MFG Partners (MFG) has completed the acquisition of Mellott Company (Mellott). The transaction was completed in partnership with Company management and PNC Mezzanine Capital. Terms of the transaction have not been disclosed. Founded in 1920 and headquartered in Warfordsburg, Pennsylvania, Mellott provides a full spectrum
Affiliates of Lindsay Goldberg – a private investment firm that focuses on partnering with families, founders and management teams – have completed a majority investment in Summit Interconnect (Summit), a provider of high performance, complex printed circuit boards serving the aerospace, defence, and other highly demanding commercial sectors, along with
Leading mid-market private equity firm LDC has exited its minority investment in cloud technology company Aker Systems to Abry Partners. Financial details of the transaction have not been disclosed. Founded in 2017, Aker Systems designs, builds and operates ground-breaking ultra-secure public cloud environments and advanced data infrastructure platforms. LDC
The Imperial College Innovation Fund (ICIF) has led a GBP1 million seed investment round for UK energy storage startup, Cheesecake Energy Ltd (CEL). The round, which includes Perivoli Innovations, and prominent business angels, will fund the development of CEL’s’s manufacturing capabilities and its lead eTanker storage system. ICIF, which invested
CBRE Investment Management, through its Private Infrastructure team, is to acquire the bus division of Torghatten AS (Torghatten Land), which comprises Norgesbuss AS, Trønderbilene AS, Torghatten Buss AS, Sørlandsruta AS, Fosen Verkstedservice AS and TTS Bil-og, Dekksenter AS. This investment is in keeping with the firm’s commitment to delivering sustainable
Bestport and ThinCats have provided debt and equity funding of GBP19 million to help support continued growth of Energy Saving Lighting (ESL). David Hall, previously CEO of Polypipe and non-executive Chairman of Aspen Pumps, will join the board as Chairman. Paul Daly, Founder and CEO of ESL, says:
Amro Partners has invested in Proportunity, an equity loan provider enabling buyers to purchase homes with a 5 per cent deposit, as part of a Series A funding round. The fintech start-up, launched in 2016 by founders Vadim Toader and Stefan Boronea, helps homebuyers afford homes worth up to GBP150
Aglaia Therapeutics, a biotechnology startup developing new therapies that can overcome resistance to current targeted therapies in cancer patients, has completed a EUR4 million (USD4.7 million) seed funding round. Advent France Biotechnology (AFB) led the round, with the participation of Crédit Mutuel Innovation and Pierre Fabre. AFB also acted as
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