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Yoyo closes second tranche of USD5m seed funding round

Yoyo, a London-based mobile payment and loyalty app, has raised USD5m in seed funding, one of Europe's largest seed funding rounds this year. Founded less than a year ago, the start-up is rolling out at the University of Westminster and University of Greenwich, which together serve over 50,000 students, visitors and

Dan Bate joins Zeus Capital

Zeus Capital has appointed Dan Bate as a director of corporate finance. Bate joins Zeus Capital from AIM quoted corporate broking and private wealth management business WH Ireland, where he was head of corporate finance in Manchester and group company secretary.   During his seven years with the business he

Advanced Capital appoints Ambassador Joseph DeTrani to advisory board

Alternative investment specialist Advanced Capital has appointed statesman and politician Ambassador Joseph DeTrani as a senior advisor. A leading figure in US politics and foreign affairs, DeTrani (pictured) is president of the Intelligence and National Security Alliance and Professor at Missouri State University.   DeTrani’s most recent assignments include senior

Plane taking off

Warburg Pincus to acquire Wencor Group from Odyssey Investment Partners

An affiliate of private equity group Warburg Pincus is to acquire Wencor Group, a designer, repair provider and distributor of aftermarket aerospace components, from Odyssey Investment Partners.   Terms of the transaction have not been disclosed.   Headquartered in Springville, Utah, Wencor is a provider of aftermarket components to the commercial,

Marketing

Winona Capital Management forms partnership with Schafer Condon Carter

Private equity firm Winona Capital Management has formed a strategic partnership with Chicago-based integrated marketing services firm Schafer Condon Carter (SCC). The partnership will provide brand planning and creative services for both existing businesses as well as potential acquisitions of consumer-facing brands.   The partnership teams Winona Capital Management, an

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Pritzker Group expands private capital team

Pritzker Group Private Capital has added two executives to its investment and operations teams. Veteran manufacturing executive Bill Denton will join as a senior advisor and Chris Trick, formerly of KRG Capital Partners, will serve as a vice-president.   Denton, chairman of Knape & Vogt Manufacturing Company, will work with

Union Jack pound sign

The MMC London Fund secures GBP28m for 13 companies in first year

A year after its formal launch, the London Fund has secured over GBP28m of investment for 13 London businesses representing an investment rate in excess of one per month. The companies include:   • Appear Here – an online service connecting landlord’s vacant spaces to people with ideas • Boticca – an

shaking hands

Current Capital appoints two to advisory board

Private equity and management service firm Current Capital has appointed two more executives to its advisory board. They are Salvatore D. Fazzolari, the former chairman, president and chief executive officer of Harsco Corporation, and Mary Jane Raymond, chief financial officer of II-VI Incorporated.   Jonathan F Foster, founder and managing

Carrick Capital Partners makes majority equity investment in Procura

Carrick Capital Partners has made a majority investment in the Procura Group of Companies, a multinational organisation specialising in healthcare software and solutions. Procura will remain under the leadership of Scott Overhill, who has been promoted from president to chief executive officer.   Procura is a software vendor for home

Rcapital invests in McArthur

London-based turnaround investor Rcapital has invested in McArthur, a wholesaler and distributor of building, agricultural, steel and security fencing products. Based in Bristol with over 250 staff in eight sites across the UK, McArthur was founded over 170 years ago by the McArthur family. 

   Following a number of

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