Elasmogen – a biopharmaceutical company discovering and developing new therapeutics using its soloMERTM platform – has secured £8 million investment. The funding round was led by BGF and Scottish National Investment Bank (The Bank), with additional support from existing investor Scottish Enterprise.  The multi-million-pound investment will enable Aberdeen-based Elasmogen to

Private credit industry veterans Natasha Fox and Patrick White have launched Altimer Capital today announced its launch as a new a women- and veteran-owned alternative asset management firm targeting credit opportunities in the rapidly growing area of digital transformation. The new private credit and structured equity firm will offer innovative

Real assets investor Vision Ridge Partners has sold a portfolio of mitigation banking assets in southeast Texas. Over the past five years, Vision Ridge partnered with The Earth Partners, an ecological restoration company that seeks to maximise environmental, social, and financial outcomes, to develop and manage the portfolio.   Mitigation

Tiugo Technologies (Tiugo), a PSG portfolio company focused on assembling a collection of global, API-first developer platforms in the document and data management market, has acquired CKSource, a provider of rich text editing and document collaboration software for developers. Financial terms of the deal, which is Tiugo’s first investment, have

Pembroke VCT, a venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, has invested a further £2 million into climate positive, luxury paint company COAT as part of a £3.5 million investment round also including Seedrs and a media-for-equity investment by Channel 4 Ventures. COAT,

Tendit Group, a portfolio company of private equity firm Osceola Capital, has acquired Salt Lake City-based Birrell Services. The  acquisition expands the Tendit’s geographic footprint into Utah.   Founded by Jeff Birrell in 1990, Birrell Services – a provider of commercial pressure washing, snow removal, parking lot sweeping, striping, landscaping

Telestream, a portfolio company of Genstar Capital, has acquired Encoding.com, an Emmy award-winning cloud media processing platform used by Fortune 1000 Media & Entertainment companies, streaming services, broadcasters, and corporate video customers around the globe. The acquisition solidifies Telestream’s market leadership in file-based video media workflows and orchestration from on-prem

Ironwood Capital has made a subordinated debt investment to support Newbury Franklin Industrials’ acquisition of Metro Plastics Technologies and MoldTech. Newbury Franklin Industrials (NFI) is a value-added manufacturer and supplier of consumable industrial components for the North American maintenance, repair, and operations (MRO) and general industrial markets. NFI comprises diversified

Beauty Industry Group (BIG), a specialist in hair solutions, has acquired BELLAMI Hair (BELLAMI), hair extensions and haircare brand. BIG will support BELLAMI as it advances its differentiated go-to-market strategy and grows its strong consumer following to build on its current momentum. Terms of the transaction were not disclosed.  

An affiliate of middle market private equity firm Gemspring Capital has acquired GoldenSource Corp (GoldenSource), a provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions to financial services companies worldwide.