NPIF – Maven Equity Finance, managed by Maven Capital Partners (Maven) and part of the Northern Powerhouse Investment Fund (NPIF), has invested GBP580,000 in Cheshire based Intelligent Building Group (IBG).  The funding will enable the business to invest in sales and marketing as well as expand the team across a

Lucion Services, an environmental services company backed by Palatine Private Equity, has acquired Landform Surveys Ltd, an established topographical surveying firm in the North East. Landform Surveys, which is based in Gateshead, where Lucion is headquartered, brings a skilled team and a range of highly complementary services to the group.

Development Partners International (DPI), an investment firm focused on Africa with USD2.8 billion in assets under management including co-investments, and CDC Group (CDC), the UK’s development finance institution that will shortly be renamed British International Investment (BII), are leading an up to USD200 million second funding round in KELIX bio.

Keensight Capital, a private equity manager dedicated to pan-European growth buyout investments, and ISAI Expansion, the ISAI platform’s Tech Growth and Growth Buyout fund, have exited their investment in M33, the holding company of the Theodo Group.  Theodo’s two founding directors, Benoît Charles-Lavauzelle and Fabrice Bernhard, will be increasing their

Tikehau Ace Capital, along with Amundi Private Equity Funds and a pool of investors from Credit Agricole group coordinated by IDIA Capital Investissement, have acquired LMB Aerospace (LMB), a designer, producer and distributor of high-performance electric fans and cooling solutions for aerospace and defence applications.  The Sponsors, led by Tikehau

Mid-market private equity investor Palatine has acquired a majority stake in Jessup, a Midlands-based developer of affordable homes. Established for 34 years, Staffordshire-based Jessup is a trusted partner to local authorities and registered providers of social housing. Its 92-strong team provides a full development management service from land acquisition and

Jio Health, a provider of human-centred, technology-powered healthcare, has completed a USD20 million Series B investment led by Singapore-based healthcare investor, Heritas Capital. Other investors in the round include Fuchsia Venture Capital (CVC of Muang Thai Group Holdings), Kasikorn Bank Group, and existing investor, Monk’s Hill Ventures. The Series B

An award-winning entrepreneur has raised a further GBP1.3m for her software platform which helps companies manage complex rebate and price incentive schemes. It is the third funding round for e-bate founder Leanne Bonner-Cooke MBE, and comes from the MEIF Proof of Concept & Early Stage Fund, which is managed by

Newfold Digital, a web and commerce technology company backed by Clearlake Capital Group, and Siris Capital Group, is to acquire Deluxe’s Australia web hosting business, Hostopia Australia.  The transaction is expected to close in the second quarter of 2022 subject to the satisfaction of customary closing conditions. The Deluxe Australia

Investcorp, a global alternative investment firm, has acquired S&S Truck Parts (S&S), an independent distributor of private label and branded aftermarket truck parts. Terms of the transaction have not been disclosed.   Founded in Chicago in 1952, S&S has a long history of providing high-quality, engineered aftermarket truck parts. Today,