Two West Midlands’ businesses are set to pursue new growth following funding packages from The Midlands Engine Investment Fund (MEIF) totalling over GBP1.7 million.  The duo of deals includes Birmingham-based insurance services firm, Parker Norfolk & Partners Ltd (“Parker Norfolk”) which secured GBP1.6 million, with Worcestershire company, AirTube Technologies Ltd

Cabot Square Capital has substantially increased its equity investment in Blue Motor Finance (Blue). This further round of investment follows the announcement in December of a new GBP300 million financing facility with a leading international bank and provides Blue with sufficient funding to deliver beyond its 2021 plans. Blue continues

Great Hill Partners, a growth-oriented private equity firm behind Wayfair, ZoomInfo, and Reward Gateway, has invested in BigChange, a mobile workforce management technology company for the service and transport sectors.

Seek Now, a technology-enabled inspection platform and services provider to the Property & Casualty (P&C) Insurance industry, has received a significant minority investment from Susquehanna Growth Equity (SGE), an entrepreneur-centric growth equity firm exclusively focused on internet, software, and information services companies.  Financial terms of the investment have not been

The Carlyle Group and Brighton Park Capital are to acquire minority stakes in  Indegene, a Bangalore-headquartered enterprise healthtech solutions provider, for USD200 million.  The transaction, which is subject to customary regulatory approvals, consists of a secondary sale from existing shareholders of Indegene and a primary investment into the company.  

Bot MD, an AI healthcare company based in Singapore, has closed a Series A round of USD5 million led by Monk’s Hill Ventures.

SujiBFR, a health and fitness startup based in Edinburgh, has received a six-figure investment to support the development of a smart fitness device that can dramatically reduce pain and increase muscle strength during exercise.  The technology, named Suji Device, improves muscular performance and offers a solution to fitness enthusiasts and

Funds advised by Permira Debt Managers (PDM), a specialist debt investor, are acting as senior secured lender to the new investment by The Carlyle Group in Jagex, an independent video game developer in the UK.  The support continues PDM’s focus on high quality growing businesses, particularly in the tech sector.

Loanpal, America’s number one point-of-sale payment platform for sustainable home solutions, has closed its first external investment round at more than USD800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings and private investors.  As part of the transaction, which closed in 2020, Scott