Deals
Benevity, a specialist in corporate purpose cloud software, has secured an investment from global software investor Hg. Hg’s investment is expected to further accelerate and scale Benevity’s pioneering leadership in this category.
Hg will lead the investment, which will be made from the Hg Saturn 2 Fund, in partnership with Benevity’s current investors, General Atlantic and JMI Equity, who will remain significant investors in the business, alongside the Benevity management team.
This investment comes at a time when ESG (Environment, Social, Governance), corporate purpose and stakeholder capitalism are taking root in companies of all sizes across the globe and as
Glenhawk as agreed to a GBP25 million mezzanine funding line with Balbec Capital, the global private investment firm, which will support the senior funding line Glenhawk secured with JP Morgan in March as it targets growing its UK loan book to GBP200 million by the end of 2021.The agreement represents the first time that Balbec Capital, which has invested over USD6.5 billion in 20 countries and specialises in investments and joint-ventures in alternative credit opportunities, has partnered with a UK bridging lender. The funding line, which was arranged and closed since the start of the Covid-19 pandemic, will be used
Coadjute – a blockchain network for the UK property market that promises to double the speed of UK property sales by connecting all the parties involved in property transactions – has secured additional funding from a US venture fund, Collab+Currency. The backing will be used to accelerate the launch of the Coadjute Network and strengthen the future product roadmap, and represents another major milestone for the rapid growth of enterprise blockchain, which is becoming an increasingly established technology. With sectors as diverse as banking, shipping and healthcare now embracing enterprise blockchain technology, Coadjute says the time has now come for the
SHS Gesellschaft für Beteiligungsmanagement mbH (SHS), based in Tübingen, is selling its shares in puracon to Klingel medical metal, a portfolio company of IK Investment Partners. With 600 employees, Klingel Group is one of the leading companies in the field of precision machining of high-strength materials such as stainless steel and titanium for the production of medical technology products made of metal. The purchase of puracon allows Klingel to benefit from valuable synergies as contract developer, manufacturer and packer and offer its worldwide medical technology customers a complete range of services based on the “one-stop-shop” principle. This is already the third
Canadian private equity firm Novacap, in partnership with Investissement Québec, has acquired Logibec, a Montreal-based healthcare software company. The transaction brings Logibec back into Canadian ownership.Founded in 1982, Logibec is one of Canada’s largest healthcare technology companies and is entirely dedicated to contributing to the better delivery of patient care and to assisting healthcare managers in their day to day operations through technology.
“We are grateful for the enthusiastic support of Novacap and its partners in this transaction, which not only brings our company back to Canadian ownership, but also positions us for expansion outside of North America,” says Marc
London-based Investment group RD Capital Partners (RDCP) has completed the acquisition of Southampton-based construction firm Su-Fix Precast, which see the value of RDCP Group rise to over GBP100million.Established in 2015 by Sameer Rizvi and Iryna Dubylovska, RDCP has experienced impressive growth since its inception and is one of the fastest growing private companies in the UK. The acquisition of Southampton-based Su-Fix Precast is the firm’s fourth acquisition this year and means RDCP now control over £100million of investments in the healthcare, hospitality, engineering and real estate sectors in the UK.
Headquartered in Southampton, Su-Fix Precast was established in 2001
Private equity firm The Riverside Company has invested in Cordico, a provider of purpose-built, mobile health and wellness applications that deliver high-quality wellness tools, resources and assessments to public safety customers including law enforcement, fire, EMS, corrections and more. First responders can access these mobile apps anonymously and conveniently 24/7 to get the behavioural health support they need. The investment merges Cordico with Riverside’s Lexipol platform, a provider of public safety policy and training solutions, targeting the same users as Cordico.
“We are thrilled about the opportunity to partner with Dr. David Black and the Cordico team to make these essential
Foundation SP (FSP), a specialist Digital Transformation services provider, has secured a multi-million-pound minority investment from leading mid-market private equity firm LDC.Headquartered in Reading, FSP is an award-winning provider of Digital Transformation services to large enterprises and public sector organisations. Its portfolio of cloud, productivity, data and artificial intelligence offerings alongside trusted managed services delivery are transforming high-profile clients across a range of sectors.
LDC has backed FSP’s ambitious management team, led by Simon Grosse (Chief Executive Officer), Simon Walker (Chief Customer Officer), and Tim Ebenezer (Chief Digital Officer). The team have already successfully grown the business to 80
CET Infrastructure, a provider of specialist geotechnical, environmental and materials testing services to the construction and engineering sector, has continued its buy–and-build growth strategy with the acquisition of Card Geotechnics Limited (CGL).The acquisition of Surrey-based CGL, for an undisclosed sum, is the third bolt-on acquisition since leading mid-market investor Palatine Private Equity took a majority stake in CET Group in November 2018.
CGL, which has more than 65 employees based across a network of seven regional offices, is the largest independent specialist geotechnical and geo-environmental consultancy in the UK and Ireland with clients in residential, commercial and public sectors.
The
Chicago-based private equity firm Entrepreneurial Equity Partners (e2p) has invested in Salm Partners (Salm) alongside the Salm family, who will maintain a significant stake in the Company. Financial terms of the transaction have not been disclosed.Founded in 2004, Salm is the largest contract manufacturer of fully cooked sausages and premium hot dogs in the United States serving a blue-chip customer base that includes industry-leading brands. Utilising a differentiated, co-extrusion, cook-in-package manufacturing process, Salm offers better tasting, clean label products with extended shelf lives relative to sausages produced utilising conventional methods. Salm is headquartered in Denmark, Wisconsin where it owns and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
