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Investments

HealthEdge completes investment in Data Dimensions

HealthEdge Investment Fund II has completed its investment in Data Dimensions, a healthcare related business process outsourcing and automation services provider, which becomes the fund’s fourth portfolio company. Data Dimensions provides a complete range of outsourcing and professional services, including mailroom management and converting paper forms (i.e. insurance claims, medical

CITIC Limited and KKR jointly invest in United Envirotech

CITIC and KKR jointly have formed a consortium to make a pre-conditional voluntary offer (VGO) for all the shares in United Envirotech Ltd (UEL). UEL is a Singapore-listed membrane-based water and waste-water treatment and reclamation solution provider with businesses mainly in China’s chemical, petrochemical and industrial park sectors.   The

A&O advises on landmark deal for Amtek Global Technologies

Allen & Overy has advised Amtek Global Technologies (AGT) on its EUR235 million long-term facilities provided by Kohlberg Kravis Roberts & Co’s (KKR) US and European debt and credit investment funds. The loan facility provided by KKR to AGT will be used, inter alia, to refinance all of the existing

PwC sponsors Seedcamp

PwC has become a sponsor of Seedcamp, the London-based investment fund that supports and accelerates start-ups from the pre-seed and seed capital stage. PwC will also offer a new cloud-based accounting service for SMEs, My Financepartner, to this September’s Seedcamp intake.   Tony Price, PwC partner with responsibility for My

Wind farm

Albion Community Power invests GBP1.8m in wind turbine in South Wales

Albion Community Power (ACP) has invested GBP1.8m in partnership with Welsh developer Infinite Renewables to fund the development of a 500kW single wind turbine on a freehold site in Tredegar, in South Wales. The site is located on the land next to Waldron Commercials, Tafarnaubach Industrial Estate. The turbine is expected

NorthEdge Capital backs Solidor

Private equity firm NorthEdge Capital has invested in Stoke-based composite door manufacturer Solidor. Founded in 2004 and led by Gareth Mobley, Solidor is a leading manufacturer of hardwood core composite doors. With over 130 employees, the business has seen sales grow more than 10-fold in the last five years.   NorthEdge

Angel CoFund makes first NI investment

The Angel CoFund, a Government-backed fund supporting high-growth businesses across the UK, has made its first investment into Northern Ireland, with a GBP1.1m round in Sophia’s advertising platform Ambiance. Ambiance uses Artificial Intelligence to tackle the online issue of banner advertisement blindness. Spun out from the University of Ulster and

Jöttnar secures six-figure investment from business angel

Jöttnar, the first new British technical outdoor brand to be launched in more than two decades, has secured a six-figure investment from a business angel to develop its range and drive growth. The new investor, a co-founder and financial director of a FTSE 250 company, has backed the brand.  

Actis invests in South African sports shoe retailer

Private equity firm Actis is making a USD65million investment in Tekkie Town, a South African independent sports and lifestyle shoe retailer. Taking a significant minority stake in the company, Actis is backing Tekkie Town’s existing management, led by founder Braam van Huyssteen.   Founded in 2001 by van Huyssteen, the

Salvepar participates in the financing of ITAS TIM

Salvepar has invested EUR12 million in a bond financing of ITAS TIM, a subsidiary of the ITAS group. ITAS is a French industrial family group created in 1989, operating as telecom supplier, manufacturer and project manager.   Founded in 2008, ITAS TIM is a French “TowerCo” which currently owns over

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