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Intelligence

Cavendish advises Express Vending Group on sale to Selecta Group

Cavendish Corporate Finance has advised the shareholders of Express Vending Group Limited (Express Vending), a UK supplier of premium refreshment solutions, on its sale to Selecta Group (Selecta). Express Vending is a privately-owned, fast-growing UK supplier of premium vending services. The business generated sales of more than GBP39.0 million in

abstract tech

Digitalising financial services still in early stages

When it comes to technology adoption and innovation, compared to other industries financial services is merely scratching the surface. Dipping its toe in. Engaging in proofs of concept but rarely integrating new solutions across multiple geographies. 

Pegasus Capital portfolio company VividGro secures Merida investment

VividGro, a portfolio company of private equity firm Pegasus Capital Advisors (Pegasus), has secured investment firm Merida Capital Partners (Merida) as its strategic partner. VividGro, a spinout from Pegasus-funded Lighting Science Group Corporation (LSG), offers products based on LSG’s origins in developing lighting for NASA and the International Space Station

Atheon secures seven-figure EmergeVest investment

Atheon Analytics, a provider of visual analytics products and services to UK’s leading grocery retailers and suppliers, has secured a seven-figure investment from international private equity investor, EmergeVest, in exchange for a minority shareholding. Atheon will use the additional capital to accelerate its rapid growth plans, applying leading edge technology to

Machine learning-driven delivery start-up On the dot secures GBP8m in funding

On the dot, a machine learning-driven last mile delivery start-up, and part of CitySprint Group, has secured an additional investment of GBP8 million from its parent company, which is itself private equity-funded. This new round will help fund On the dot’s further growth: product development, senior hires and international expansion,

Wedlake Bell advises Global Risk Partners on latest acquisition

City law firm Wedlake Bell has advised Global Risk Partners (GRP) on its third acquisition in the past month. GRP’s Northern Irish retail broking hub, Abbey Bond Lovis (ABL), has acquired a majority share in Digney Grant Ltd, a Northern Irish insurance broking firm, for an undisclosed fee. The deal

LaLiga partners with Relevent to promote football in the US and Canada

LaLiga, Spain’s top-flight soccer competition, and Relevent, a multinational media, sports and entertainment group, have formed a 15-year, equal joint venture to promote football in the US and Canada. As part of the agreement, LaLiga plans to bring a regular season club match to the United States, the first to

Deposit Solutions closes USD100m investment round led by Vitruvian Partners

Deposit Solutions, a specialist in Open Banking and provider of a platform for savings deposits, has closed a new funding round led by private equity firm Vitruvian Partners. Vitruvian was joined by Kinnevik and existing shareholders including Deposit Solutions’ first institutional shareholder e.ventures in a transaction worth a total of

Brian R Hall, Oyster Consulting

Oyster Consulting (Bermuda) makes changes to board leadership

Brian R Hall, OBE, former Chairman of the Board of Oyster Consulting (Bermuda) Ltd, has become Chairman Emeritus.  Hall (pictured) has served as Chairman of the Board since the company’s inception. His son, B Robert (Rob) Hall, a Founding Principal and Managing Director of Oyster Consulting, will now take on

Robinhood Equity Token goes live for funding on Swarm

Pre-funding of the Robinhood Equity Token (RHET) is now live on the Swarm platform, the blockchain for private equity. Accredited investors can now reserve their stake in a fund created for the purpose of holding equity in Robinhood. The first security token of its kind, once the minimum funding goal

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