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Deals

Green Angel Syndicate secures GBP10m from British Business Investments

Green Angel Syndicate has secured a further £5 million commitment from British Business Investments, bringing its total investment since November 2021 to £10 million. Green Angel Syndicate is the UK’s largest network of specialist investors fighting climate change. This commitment is being made through British Business Investments’ Regional Angels Programme,

Grant Thornton completes hat-trick of US deals

Grant Thornton UK LLP’s Thames Valley Corporate Finance team has completed on three transactions to US private equity-backed companies within the first quarter of 2022, as activity levels continue to remain strong after a record 2021. The first of the three deals is the sale of international development consultancy IMC

VC investors support Afterparty’s $4m funding round

Afterparty, an NFT platform empowering creators with the tools and community to directly monetise and manage their fan relationships, has closed a $4 million funding round to bring total capital raised to $7 million. The strategic community round accelerates platform growth as Afterparty introduces the world’s first NFT ticketing platform

Progressio SGR exits Save The Duck to L’Occitane Chairman and CEO

Italian private equity firm Progressio SGR has exited its stakeholding in Save The Duck, a 100% animal-free down jacket brand and the first fashion company in Italy to obtain B-Corp certification. Two entrepreneur-managers, Reinold Geiger and André Hoffmann, respectively Chairman and CEO of the multinational corporation L’Occitane International SA, who

Nordic Capital to acquire Ascot Lloyd

European private equity investor Nordic Capital is to acquire Ascot Lloyd, a UK-based, independently-owned independent financial advice (IFA) firms. The transaction will see Nordic Capital acquire Ascot Lloyd from funds managed by Oaktree Capital Management (Oaktree), alongside the interests of Ares Management Corporation (Ares), subject to regulatory approval.   Nordic

Genstar’s Prometheus Group acquires LUCY IMS

Prometheus Group, a global provider of asset management operations and optimisation software and a portfolio company of Genstar Capital, has acquired LUCY Industrial Management Solutions (IMS), a provider of software solutions designed to optimise the execution of capital-intensive projects by ensuring safety, technical integrity, and timely certification and handover. With

ENSO seeking Series A funding of up to £15m

ENSO, a B-Corporation certified tyre company, is seeking up to £15 million in Series A funding to advance the introduction of its energy-efficient, low particulate matter (PM) emission tyres, specifically designed for electric vehicles (EVs). Based in London, ENSO has already secured £5 million in funding from over 1,200 British

Cleantech startup Greener raises additional £113k from SFC Capital

A year on from the platform’s official launch, sustainability startup Greener has successfully closed its bridge round with £113,000 of venture capital funding fro SFC Capital. Founded with the goal of making sustainability affordable and accessible for all small businesses, the B2B matchmaking platform enables SMEs in the food &

Tiger Global leads $34m Demostack Series B investment

Demostack, a demo experience platform built to help SaaS sales teams, has raised $34 million in its Series B financing round led by Tiger Global Management. Bessemer Venture Partners, Amiti Ventures, GTMfund, Operator Collective, and StepStone also participated in the round. Investors from prior rounds, as well as angel and

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