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Intelligence

EkkoSense secures MEIF funding to accelerate global expansion

EkkoSense Limited (EkkoSense), an advanced software and technology provider, has received a seven-figure cash injection from the Midlands Engine Investment Fund (MEIF), East & South East Midlands Debt Finance fund managed by Maven Capital Partners (Maven).   EkkoSense will use the funding to support its rapid international expansion across North

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Fly Now Pay Later secures GBP10m in Series A funding

By Purva Aggarwal – Aiming to defy the current downturn in the travel industry, a UK fintech company looking to offer consumers a more flexible way to finance travel post Covid-19 has raised GBP10 million in Series A funding, bringing its total received in investments to GBP45 million. Asset management

Sixty8 Capital holds first close of USD20m fund to support diverse founders

Sixty8 Capital, an Indianapolis-based, seed-stage venture capital (VC) firm supporting Black, Latinx, women and LGBTQ+ led startups, has held the first close of its new USD20 million venture fund.  Investors include The Indiana Next Level Fund, 50 South Capital, Bank of America, Eli Lilly and Company, First Internet Bank and

YFM promotes new partner in the South West and the Thames Valley

Private equity house YFM Equity Partners (YFM), which has offices in London, Birmingham, Leeds and Manchester, has promoted David Wrench to equity partner as it continues to strengthen its investment team. With more than 12 years’ experience in corporate finance, Wrench joined the London team as an investment director in

Shore Capital’s EyeSouth Partners affiliates with Georgia Eye Physicians and Surgeons

Shore Capital portfolio company EyeSouth Partners (EyeSouth) has completed an affiliation with Georgia Eye Physicians and Surgeons (GEPS).  The affiliation represents EyeSouth’s tenth in the state of Georgia and twenty-third affiliation overall. EyeSouth is an eye care-focused management services organisation backed by Shore Capital Partners, committed to partnering with leading

BGF exits sustainable ecommerce returns tech platform as it exceeds growth expectations

Growth capital investor, BGF has announced a successful exit from Telford-headquartered ReBOUND, a technology platform which supports retailers — such as ASOS, Gymshark, Missguided, JD Sports and Sweaty Betty — to manage their returns sustainably. BGF backed ReBOUND in October 2018 to accelerate the company’s growth. In this period, annual sales increased

Nautic Partners sells Spartech to The Jordan Company

Nautic Partners has sold portfolio company Spartech LLC to The Jordan Company (TJC). Nautic Partners will remain a minority shareholder. Headquartered in Maryland Heights, MO, Spartech is a leading custom manufacturer of specialised acrylics and other engineered extruded plastics used in a variety of applications and end markets including healthcare,

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What next for the role of data analytics in private markets?

What trends are emerging in the field of data analytics? What are the various ways that managers are actively using analytical tools, as part of their day-to-day  fund management activities? And what are the some of the best practices GPs need to consider, as they look to introduce more analytical

LDC invests in Headland to fuel future growth plans

LDC has made a minority investment in Headland, a London-based agency specialising in financial and corporate reputation, public affairs and campaigning. The leading mid-market private equity firm will support Headland’s ambitious organic growth strategy, helping the company further broaden and deepen its consultancy capabilities and fulfil its objective to advise

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