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BGF invests GBP14m in tech-led procurement business Bloom

Growth capital investor BGF has invested GBP14 million in Bloom (Bloom Procurement Services), based in the North East and headquartered in Gateshead.  Bloom is the UK’s only public sector procurement marketplace offering an end-to-end managed service procurement solution.    Founded in 2011 by Adam Jacobs, the executive chairman, Bloom provides

PE-backed AURES Holdings to launch Driverama ‘borderless’ online car retailer

AURES Holdings is to launch Driverama which is aiming to become the first ever truly borderless pan-European online used car retailer, bringing to market a ‘bricks and clicks’ operating model that delivers the widest choice of vehicles, most sophisticated car buying and selling technology and best value for customers across

NewSpring acquires donut franchise company Duck Donuts

NewSpring, a family of private equity strategies, has announced that NewSpring Franchise, the firm’s newest strategy focused on investing in innovative franchise and multi-unit concepts, has completed its acquisition of Duck Donuts, one of the nation’s fastest-growing donut franchise companies. Free Fenix, a Charlotte, NC-based hybrid investment company, partnered with

KKR to Acquire Ensono

KKR, a global investment firm, has signed a definitive agreement to acquire Ensono, a specialist hybrid IT services provider, from Charlesbank Capital Partners and M/C Partners. The new investment follows multiple years of strong performance by Ensono, including robust growth in 2020 and its recently completed acquisition of Amido, a

Addition Capital invests in Be-A Education

Addition Capital, the London-based family investment office, has completed a control investment into Be-A Education Ltd, supported by funding from Shawbrook Bank.  Hertfordshire-based Be-A Education is the operator of the highly successful and fast-growing New Skills Academy and Staff Skills Training businesses with a mission to make learning accessible to

PE-backed Access Partnership secures Shawbrook Bank investment

Private-equity backed Access Partnership has secured an undisclosed investment from Shawbrook Bank. The international firm, also backed by Mobeus Equity Partners, specialises in shaping international public policy for the global technology sector. The Group has witnessed rapid growth in recent years, driven by market dynamics around increasing regulatory pressures in

Gresham House British Strategic Investment Fund (BSIF) commits GBP10.5m to bring full fibre internet to Southern Scotland and Northern England

The Gresham House British Strategic Investment Fund (BSIF) made a GBP10.5 million investment into Borderlink Broadband Limited (Borderlink). Borderlink is a Fixed Wireless Access and Fibre broadband operator serving business and residential customers across Scotland, Cumbria and Northumberland. Borderlink is headquartered in the Scottish borders with depots and offices based

LOKE raises GBP2.85m Series A investment

Hospitality technology platform LOKE has raised GBP2.85 million in a funding round led by Guinness Asset Management.  LOKE provides hospitality and retail businesses a sales and marketing platform designed to create new revenue channels, increase the average order value, frequency of transactions and reduce labour costs. This is achieved via

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