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Deals & Transactions

Maven and Enso invest GBP2million in Cognitive Geology

UK private equity house Maven Capital Partners (Maven) and Enso Ventures (Enso), a specialist early-stage venture capital firm, have invested GBP2million in Cognitive Geology (Cognitive). The funding will accelerate the roll out of ‘Hutton’ to oil companies and enable Cognitive to develop its pipeline of advanced third-generation petroleum geoscience software

Noerr advises Chinese investor on acquisition of Merckle’s VEM Group

Noerr has advised the Chinese motor manufacturer SEC Holding Co, Ltd, which also owns the publicly traded SEC Electric Machinery Co, on a strategic acquisition of drive technology specialist VEM, a member of the Merckle Group. The VEM Group specialises in manufacturing electric drive systems, custom motors and special machines.

Secret Escapes secures USD111m investment

Secret Escapes, the London-based international online marketplace for affordable luxury travel deals, has closed a USD111 million (GBP83 million) Series D investment and debt facility. This significant equity round was led by Singapore-headquartered Temasek, with participation from existing investors Idinvest Partners, and a debt facility from Silicon Valley Bank.  

Stellar Labs raises USD26.3m in series A funding

Silicon Valley technology company Stellar Labs (Stella) has raised USD26.3 million in Series A equity financing from Global Jet Capital – a provider of corporate aircraft financing solutions capitalised by The Carlyle Group, Blackstone’s GSO Capital Partners, and AE Industrial Partners, Columbia Equity Partners (CEP), and Expa. Together with previous

Nationwide Window Cleaning secures new BGF funding for acquisition

Yorkshire-based Nationwide Window Cleaning has received new investment of GBP1.5 million from BGF to support its organic growth strategy and the acquisition of Reflekt Cleaning Company. The investment follows a period of significant growth at NWC, with revenues increasing by close to 100 percent since BGF’s first investment, from GBP7.5

Broadstone secures NPIF funding

Security recruitment tech start up Broadstone has become the first Manchester business to receive Northern Powerhouse Investment Funding (NPIF) for its Broadstone Engage platform. City centre based Broadstone offers an online recruitment marketplace for both jobseekers and employers in the private security industry. Broadstone has received GBP200,000 from Maven, one

Edge Investments backs online TV rights licensing platform TRX

Edge Investments (Edge), a specialist investment house focused on the creative industries sector, in particular media and entertainment, has taken a minority stake in Dial Square 86 Ltd, the holding company for The RightsXchange Ltd (TRX). TRX is an online deal-making platform for TV rights licensing. It enables TV programme

LDC backs ENSEK MBO

UK-based mid-market private equity investor LDC has backed the management buyout of ENSEK, a software supplier to UK energy providers. After a significant number of recent customer wins, the multi-million-pound investment will enable the business to embark on the next stage of its growth journey.   Headquartered in Nottingham, ENSEK

Thomas H Lee Partners complete acquisition of majority interest in Ten-X

Private equity firm Thomas H Lee Partners has closed the acquisition of a majority interest in Ten-X, a US online real estate marketplace. Members of Ten-X’s senior management team, Stone Point Capital, and CapitalG (formerly Google Capital), among others, will continue to hold minority positions in the Company. Terms of

SalaryFinance closes GBP40m investment round

Employee benefits firm SalaryFinance has completed a GBP40 million funding round (subject to Financial Conduct Authority approval) led by Legal & General with founding investor Blenheim Chalcot also participating. SalaryFinance specialises in technology to help employees improve their financial health, consolidate debt and start saving. This investment signals growing recognition

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