Cairngorm Capital Partners’ portfolio company, Independent Builders Merchant Group (IBMG) has acquired Independent Roofing Supplies (IRS). Established in 2000, IRS is an independent roofing merchant in the South East, serving roofing contractors across London, Sussex and Kent. It provides a comprehensive range of products for pitched and flat roofs, from

Cybersecurity training platform Hoxhunt, Finland’s fastest-growing SaaS company according to Deloitte, has raised $40 million in a Series B round led by New York-based Level Equity Management.

Transine Therapeutics (Transine), a biotechnology company developing a novel class of therapeutic RNAs based on its SINEUP platform technology, has raised £4.6 million in an additional seed funding round led by new investor Epidarex Capital. Existing investor the Dementia Discovery Fund (DDF) also participated in the round.   The new

Synaptic, an alternative data insights start-up, has closed a $20 million Series B funding round led by Valor Equity Partners.

Private investment firm Sun European Partners has acquired TENAX, a manufacturer of chemical products, abrasives and tooling for the treatment of natural stone, engineered stone and ceramic slabs. Terms of the private transaction have not been disclosed.    An affiliate of Sun European has acquired a controlling stake in TENAX

Pelican Capital-backed Atech has acquired IMEX Technical Services Limited, a Swindon-based managed service provider. This is the first acquisition announced by Atech since securing an initial £10 million of funding from Pelican Capital in February 2022. Pelican invests in businesses to help support both organic growth, and acquisitions, with flexible

Oghma Partners has acted as exclusive financial advisor to the shareholders of UK-based KTC Edibles Limited (KTC) on the sale of the business to UK-based private equity investor Endless. KTC is one of the UK’s largest suppliers of edible oils, supplying over 250 million litres a year of high-quality cooking

An energy broker that helps businesses to reduce bills has received a further £500,000 in funding from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia. Sunderland-based Troo will use the investment to create around 50 new jobs over the next six

IK Partners’ (IK) IK Small Cap II Fund (IK SC II) is to sell its stake in Bahr Modultechnik (Bahr) to IMI plc (IMI). Bahr is a manufacturer of modular positioning systems, used in a wide range of process automation applications.   IK invested in Bahr in May 2018 and,