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Deals

Oxwash raises £10m in Series A led by Untitled VC

Oxwash, the UK’s first sustainable on-demand laundry and wet-cleaning startup, has raised £10 million in a series A funding round led by  Untitled VC, as it looks out to grow its nationwide footprint. Long standing supporter Biz Stone, co-founder of Twitter, also returned for the round, as did Indeed founder

HCI Equity Partners-backed Tech24 acquires AmeriCold and Arrowhead Commercial Equipment

Tech24, backed by HCI Equity Partners, has acquired AmeriCold and Arrowhead Commercial Equipment (Arrowhead). Tech24 is a national provider of repair and maintenance services for foodservice and commercial HVAC equipment. Arrowhead and AmeriCold represent Tech24’s tenth and eleventh add-on acquisitions in the highly fragmented foodservice repair and maintenance market. Financial

Tiger Infrastructure backs 11:11 Systems’ acquisition of Sungard Availability Services’ Cloud Management Services business

11:11 Systems (11:11), a managed infrastructure solutions provider backed by Tiger Infrastructure Partners, is to acquire Sungard Availability Services’ cloud managed services business. The transaction is expected to close this autumn. The Cloud Managed Service business is a sophisticated, mature cloud management practice that provides transparency, control and compliance to

Riverside makes add-on acquisition to ​​​​​​​FlavorSum Platform​​​​​​​​​​​​​​​​​​​​

The Riverside Company, a private investor focused on the smaller end of the middle market, has invested in Meridian Flavors Inc (Meridian), a manufacturer of sweet flavours for bakery, cereal, beverage and other product categories. The acquisition is an add-on to Riverside’s FlavorSum platform, which helps growing food and beverage

Northstar Capital invests in IronCraft

Northstar Capital (Northstar), a provider of junior capital for middle market private equity transactions, has invested in IronCraft, a portfolio company of LFM Capital (LFM). Terms of the transaction, which closed in November 2021, have not been disclosed. Northstar provided debt and an equity co-investment to help LFM finance the

Maven exits threat Intelligence Fusion to Growth Capital’s Sigma7

The Finance Durham Fund (Finance Durham), established by Durham County Council, overseen by Business Durham, and administered by Maven Capital Partners (Maven) has completed a profitable exit from threat intelligence firm Intelligence Fusion via a sale to Sigma7, a global risk services specialist and a portfolio company of Growth Catalyst

HOMETAINMENT raises nearly £400k in crowdfunding round

Home entertainment and hospitality platform, HOMETAINMENT, has raised nearly £400,000 (£390,000) in funding through a crowdfunding campaign and is set to scale in London and abroad. The funding round, which was run via Crowdcube, exceeded its minimum target of £350,000 with 200 investors and was overfunded by 11%, raising a

Foresight returns 4.1x from sale of Mi Healthcare to Probo Medical

Foresight Group (Foresight), a specialist regional private equity and infrastructure investment manager, has sold Mi Healthcare to Probo Medical (Probo), part of Avista Capital Partners. Mi Healthcare is a provider of service and maintenance of diagnostic imaging equipment for both NHS and private hospitals. Mi Healthcare will return 4.1x to

Elbow Beach Capital leads £4.1m seed round in Anaphite

Elbow Beach Capital, a decarbonisation, sustainability and social impact investor, has made a £1.5 million investment as part of a £4.1 million seed finding round in graphene technology innovator, Anaphite. Wealth Club, Blue Wire Capital, Oxford Investment Opportunity Network, Zero Carbon Capital, Silicon Roundabout Ventures and Deeptech Labs, also participated

Court Square Capital Partners-backed GoEngineer acquires Computer Aided Technology

Court Square Capital Partners portfolio company GoEngineer, a provider of 3D design and additive manufacturing solutions, has acquired Computer Aided Technology (CATI), a product development solutions provider specialising in 3D software and 3D printing hardware. Founded in 1992 and headquartered in Chicago, CATI is a leader in the CAD and

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