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Intelligence

Kettle Cuisine acquires Harry’s Fresh Foods

Kettle Cuisine, an artisan producer of refrigerated and frozen all-natural soups, has acquired Harry’s Fresh Foods, a privately held custom food manufacturing company based in Portland, Oregon.   The transaction strengthens Kettle Cuisine’s leadership in the fresh soup category as the only coast-to-coast fresh soup producer.   “Harry’s is a great

EQT brings in Nestlé as minority investor to IVC Group

EQT is to bring in Nestlé through a minority stake in IVC Group (IVC) to support continued growth in the Company’s next development phase.  IVC also enters into a partnership agreement with Nestlé Purina PetCare EMENA. Through the partnership, IVC will be able to leverage the expertise of Nestlé Purina

CORE’s Prototek Sheetmetal Fabrication appoints CEO

Prototek Sheetmetal Fabrication (Prototek), a portfolio company of CORE Industrial Partners and a rapid prototyping service provider of CNC machined and sheet metal fabricated parts and components, has appointed William (Bill) Gress, a former Brunswick Corporation executive, as the Company’s new CEO.  Gress joins Prototek with over 30 years of

Cloud security specialist Bitglass secures USD70m in growth capital

Bitglass, a cloud security specialist delivering data and threat protection to enterprises worldwide, has secured USD70 million in Series D funding from new investor Quadrille Capital and existing investors Future Fund, New Enterprise Associates (NEA), Norwest and Singtel Innov8.  This infusion of capital will enable Bitglass to continue its growth

BGF exits investment in The Good Care Group

BGF has successfully exited its minority stake in care service provider, The Good Care Group, alongside all other shareholders. Following a period of significant organic growth, the company has been acquired by Sodexo UK. The Good Care Group offers industry-leading live-in care services which help people live well at home

Gareth Smith, Apex Group

Apex Group appoints lead for Channel Islands operation

Apex Group (Apex) has appointed Gareth Smith has joined as Head of Channel Islands (Guernsey/Jersey), to manage the Group’s expanding operation and client service delivery across Jersey and Guernsey. Smith (pictured) joins Apex from Maitland Administration (Guernsey) Limited where he has been a Director for the past two years. At

Announcement

RMDL commits GBP23m across three transactions

RM Secured Direct Lending (RMDL), an investment trust specialising in providing tailored debt solutions, has deployed all cash available for investment so far during April. Future Loan commitments are expected to be funded from a variety of sources including any repayments under existing Loans, divestments of existing Loans, additional capital

Octopus raises GBP83m fund to support European growth businesses

Octopus has raised GBP83 million from investors, including BP Investment Management, for its Zenith III fund. The Fund, which is managed by Octopus Ventures, focuses on providing high growth European technology businesses with the capital and expertise they need to fuel their next phase of growth.   Octopus is one

Apposite Capital makes GBP6m investment in Mirada Medical

Apposite Capital, a private equity firm with an exclusive focus on healthcare, has invested GBP6 million in preferred equity in Mirada Medical, a medical imaging software company. The investment will support Mirada’s development of artificial intelligence (AI) based software for increasing the speed and accuracy of cancer treatment planning applications,

Simudyne closes USD6 million funding round

Simudyne, a simulation technology company, has closed a USD6 million Series A fundraise, led by Barclays alongside a distinguished set of institutions. The new funding round includes Graphene Ventures, an early investor in Snap and Lyft, and Gauss Ventures, whose team were early investors in Revolut and Tandem, bringing total

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