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Deals

Pegasus Capital portfolio company VividGro secures Merida investment

VividGro, a portfolio company of private equity firm Pegasus Capital Advisors (Pegasus), has secured investment firm Merida Capital Partners (Merida) as its strategic partner. VividGro, a spinout from Pegasus-funded Lighting Science Group Corporation (LSG), offers products based on LSG’s origins in developing lighting for NASA and the International Space Station

Atheon secures seven-figure EmergeVest investment

Atheon Analytics, a provider of visual analytics products and services to UK’s leading grocery retailers and suppliers, has secured a seven-figure investment from international private equity investor, EmergeVest, in exchange for a minority shareholding. Atheon will use the additional capital to accelerate its rapid growth plans, applying leading edge technology to

Machine learning-driven delivery start-up On the dot secures GBP8m in funding

On the dot, a machine learning-driven last mile delivery start-up, and part of CitySprint Group, has secured an additional investment of GBP8 million from its parent company, which is itself private equity-funded. This new round will help fund On the dot’s further growth: product development, senior hires and international expansion,

Wedlake Bell advises Global Risk Partners on latest acquisition

City law firm Wedlake Bell has advised Global Risk Partners (GRP) on its third acquisition in the past month. GRP’s Northern Irish retail broking hub, Abbey Bond Lovis (ABL), has acquired a majority share in Digney Grant Ltd, a Northern Irish insurance broking firm, for an undisclosed fee. The deal

LaLiga partners with Relevent to promote football in the US and Canada

LaLiga, Spain’s top-flight soccer competition, and Relevent, a multinational media, sports and entertainment group, have formed a 15-year, equal joint venture to promote football in the US and Canada. As part of the agreement, LaLiga plans to bring a regular season club match to the United States, the first to

Deposit Solutions closes USD100m investment round led by Vitruvian Partners

Deposit Solutions, a specialist in Open Banking and provider of a platform for savings deposits, has closed a new funding round led by private equity firm Vitruvian Partners. Vitruvian was joined by Kinnevik and existing shareholders including Deposit Solutions’ first institutional shareholder e.ventures in a transaction worth a total of

Eagle and JLM invest in Recreational Group

Eagle Merchant Partners and JLM Financial Partners have closed their investment in the Recreational Group, a leading provider of residential and commercial recreational surfacing products across the country. The move capitalises on the rapidly-growing artificial turf and sports surfacing industry, with products used across a wide range of markets and

Picture of an airplane

Floreat Group partners with MUFG to create USD500 million aviation portfolio

Floreat, the privately-held investment group, is to acquire a USD500 million portfolio of Boeing and Airbus aircraft as it continues to secure opportunities in the aviation finance sector on behalf of clients. The group, which completed an award-winning securitisation of a USD450 million portfolio of A330s in 2016, has appointed

Scottish private equity firm invests in Good Hemp

Edinburgh-based private equity fund, Inverleith, has made a seven figure, multi-million GBP investment in Braham and Murray Good Hemp, a plant based food and drink brand which manufactures products from hemp seed. Inverleith invests in consumer brand companies within the health & wellbeing, lifestyle and heritage sectors. It specialises in

Avedon Capital Partners exits Fit For Free and SportCity

Avedon Capital Partners has sold Fit For Free and SportCity, two fitness centre brands, to Bencis, an independent investment company based in the Benelux and Germany. Closing is subject to regulatory approvals.   In 2009, Fit For Free (founded in 2005) and SportCity (founded in 1995) came together with a

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