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Turnover increases 22 per cent at NorthEdge-backed Future Industrial Services

Future Industrial Services (FIS), a provider of specialist environmental and industrial services, has announced a 22 per cent increase in turnover following its acquisition of Colt Industrial Services (Colt) and further investment in its management team and fleet.  Headquartered in Kirkby, Merseyside, FIS works with clients including government, major utility

Brad Demong, JP Morgan

JP Morgan closes Lynstone Special Situations Fund with over USD1bn in commitments

JP Morgan Asset Management has held the final closing of its Lynstone Special Situations Fund (Lynstone), with USD1.06 billion in capital raised from a broad set of global investors comprising of pension funds, insurance companies, banks, foundations, endowments and family offices across the Americas, Europe, the Middle East and Asia.

BGF backs menswear brand SPOKE

SPOKE, a direct to consumer menswear brand, has raised GBP8.5m of new equity capital in a Series B round led by BGF and supported by existing shareholders Forward Partners, Oxford Capital, and 24 Haymarket. The new funds will be used to accelerate growth in four core areas: technology, product innovation,

Hospitality tech firm secures GBP500k NPIF investment

NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, has invested GBP500 thousand in Airship Services Ltd, a provider of customer relationship and marketing platforms. The funding will allow the Sheffield-based company to further develop its technology and create eight

Capitala Group secures strategic minority investment by Mitsui USA

Capitala Group, a provider of capital to lower middle market companies, has entered into a strategic partnership with, and sold a minority non-controlling interest of its management firm, to Mitsui & Co (USA), Inc (Mitsui USA). Mitsui USA is a wholly-owned subsidiary of Mitsui & Co Ltd, trading, investment and

Sykes Holiday Cottages secures new PE investment

Sykes Holiday Cottages has secured fresh investment from private equity firm Vitruvian Partners to fund the fast-growing firm’s plans for further UK and international expansion. The transaction sees Vitruvian invest an undisclosed sum for a majority stake in Sykes, replacing existing backers Livingbridge following their five-year partnership with the company.    At the time of Livingbridge’s

Leading eCommerce platform receives substantial investment from Midven

Specialist eCommerce platform Online Poundshop has secured considerable investment from venture capital firm Midven, allowing the company to upgrade current warehouse systems, and create a range of new positions across the business – including marketing and distribution roles. The investment has come from the GBP35 million West Midlands equity portion

BGF exits 3sun Group Limited

BGF has exited its investment in 3sun Group Ltd, a specialist provider of products and services to the global renewable energy industry. The business has been acquired by Worley Ltd, the Australian-listed supplier of project and asset services for the energy, chemicals and resources sector.   BGF first made its

SK Capital closes acquisition of Performance Products & Solutions from PolyOne

SK Capital, a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, has completed its previously announced acquisition of the Performance Products & Solutions business from PolyOne Corporation.  The business has been renamed GEON Performance Solutions (GEON).   GEON, headquartered in Avon Lake, Ohio, is a global

Per Roman, GP Bullhound

GP Bullhound invests USD10m in RavenPack

GP Bullhound has invested USD10 million in RavenPack, a provider of alternative data and insights for financial institutions. The company’s database, comprising over 19,000 sources spanning over 20 years, is used by financial institutions who subscribe to the platform in order to enhance performance and manage risk. RavenPack will use

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