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LDC backs ‘mid-sized Britain’ with GBP1.2bn commitment

LDC, the private equity division of Lloyds Banking Group, has announced plans to increase its investment in the UK’s mid-sized companies. The firm, whose 90-strong portfolio includes lifestyle brand Joules and restaurant owner D&D London, has pledged GBP1.2 billion of capital over the next three years to help accelerate growth

Money stack

Rightpoint secures USD55m investment from Stella Point Capital

Rightpoint, a digital agency and technology consultancy, has secured a USD55 million equity investment from New York-based Stella Point Capital.  This investment has been committed to fuel geographic expansion, grow capabilities in key areas including digital marketing and CRM, and augment professional services with product-based solutions. Stella Point’s investment will

Surfer

Beringea invests GBP2.7m in Sealskinz

Venture capital investor Beringea, manager of the ProVen VCTs, has invested GBP2.7 million in waterproof outdoor accessories specialist Sealskinz Ltd. Sealskinz has over thirty years' experience in developing and manufacturing endurance accessories. The company’s patented processes create clothing that is waterproof, breathable and, uniquely, stretchable. It works in partnership with

TA Associates invests in Procare Software

Growth private equity firm TA Associates has completed a majority investment in Procare Software, a global leader in child care management solutions. Financial terms of the transaction have not been disclosed. Founded in 1992, Procare provides integrated payment processing, software, hardware and data hosting to child care businesses and organisations,

Document signing

AllSeated secures funding from Magma Ventures Partners

AllSeated, a network for the events industry providing users with comprehensive planning and collaboration tools, has secured funding from Magma Venture Partners alongside new and existing investors. AllSeated is rapidly expanding its network connecting tens of thousands of event professionals, including venues, caterers, event planners, vendors as well as DIYs.

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BGF invests GBP500 million in Britain’s entrepreneurial businesses

BGF (Business Growth Fund) has passed GBP500 million in committed investments to entrepreneurial businesses across the length and breadth of the UK.  Of the GBP500 million, GBP250 million was committed in the last year alone – a clear signal of the growing demand for this type of support among Britain’s

KKR forms JV with Monterra Energy

KKR has formed a new joint venture with Monterra Energy to pursue investments in the midstream energy sector in Mexico.  Under the agreement, KKR is making an equity commitment to Monterra for the development of new projects and acquisition of midstream assets and businesses. Financial terms and details of the

Dollars

CoreDial raises USD27.5m in growth equity funding from LLR Partners

CoreDial has secures a USD27.5 million investment by private equity firm LLR Partners. The strategic investment supports CoreDial’s continued technology innovation and confirms the company’s standing as a SaaS industry leader. CoreDial, founded in the Philadelphia region in 2005, enables its Managed Service Providers (MSP), IT Solution Providers, and Value

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