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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

UK insurtech company Premfina raises USD36m

PremFina Ltd, a UK-based company that increases access to insurance by providing financing options for the purchase of insurance premiums, has secured USD36 million in equity funding and a debt facility. Rakuten Capital, the investment arm of Japan’s Rakuten, a global leader in e-commerce and fintech services and the main

Newtown Partners invests in blockchain start-up Wala

Wala, a blockchain-powered financial services platform for the unbanked and underbanked, has secured an equity investment from Newtown Partners, the venture capital firm founded by Llew Claasen and Vinny Lingham. Claasen is the Managing Partner of Newtown Partners and also the Executive Director of the the Bitcoin Foundation. Lingham is

Steele Compliance Solutions acquires Compliance Wave

Steele Compliance Solutions has added extensive training and awareness content to its third-party compliance management software and due diligence services, through the acquisition of Compliance Wave. Compliance Wave is a specialist in compliance micro-training content. With a client base of Fortune 500 companies, Compliance Wave provides a library of over 2,000

Alliance Etiquettes acquires Applic’Etains

Alliance Etiquettes is actively pursuing its consolidation strategy in the wine, spirits and agri-food high-end labelling sector with the acquisition of Applic’Etains, its fourth build-up since Activa Capital’s investment in July 2015. Applic’Etains is a French company based in Nontron (Dordogne) and specialises in the design and production of high-end

BRSF invests in ZOA Robotics

ZOA Robotics has secured a GBP85,000 seed investment from the British Robotics Seed Fund (BRSF). The investment is the first of a series that have been made by the UK’s robotics-focussed investment firm, and is in a company that is raising further investment on the new and complementary robotics crowdfunding

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