Deals
Nordic real estate investor NREP has secured a minority investment from Novo Holdings. NREP, which is controlled by its senior partners, will now be able to invest more into its own funds while accelerating ventures into technology, sustainability and understanding customers.
NREP has developed a series of innovative real estate products within co-living, student housing, care homes and modern logistics. Novo Holdings becomes a non-controlling minority shareholder by injecting capital into NREP, to accelerate the company’s further development of customer-centric, sustainable real estate concepts and support NREP’s ambition to improve the built environment and pioneer the industry.
”Novo Holdings is well-reputed
Ashburton Investments, the Jersey-based asset management business of FirstRand Group, has signed an agreement with JTC to administer fund shareholder accounts following full regulatory approval. The partnership will see JTC provide fund administration and fund accounting services to Ashburton Investments investors. The agreement will provide clients in Ashburton’s Jersey domiciled funds and nominee service with an enhanced administration service, delivered through the latest advances in fund administration technology.
This follows a review of Ashburton Investments’ operating platform to better meet the needs of the group’s global client base.
JTC is one of the largest providers of fund, corporate and private wealth
A Newcastle tech start-up whose software helps sales staff to find and close new leads has raised GBP400,000 to further develop its product and expand its team.Allegrow has secured funding from the North East Venture Fund (NEVF), which is supported by the European Regional Development Fund and managed by Mercia, along with investment from Mercia’s EIS funds and a number of private investors.
Allegrow is a sales automation platform for business to business companies – where generating new opportunities is a top priority. The platform puts sales representatives in touch with key decision-makers in their target industries through data-driven outreach,
A Liverpool-based chemical technology company helping in the fight against dementia, cancer and respiratory illnesses, has secured GBP2.25 million in a funding round led by the VC firms Deepbridge Capital and Praetura Ventures.Liverpool ChiroChem (LCC), the developer and manufacturer of chemical components that are critical to the research and development of new drugs, also saw investment from NPIF – Maven Equity Finance, managed by Maven and part of the Northern Powerhouse Investment Fund.
LCC is a chemistry-based contract research organisation (CRO) that produces and supplies chiral small molecules to the global pharmaceutical and biotech research and development sector. Its goal
A Coventry-based manufacturer responsible for producing all-electric, black taxis – ‘Hackney Carriages’ – approved by Transport for London (TfL) has secured a GBP1.25 million loan.The funding, which was provided by the Midlands Engine Investment Fund and Maven Capital Partners, will enable Dynamo to recruit and train 50 new employees. The firm is also set to scale up its production capacity.
Dynamo produces an electric taxi known as the ‘Dynamo taxi’. A fully electric version of London’s iconic black cab, the zero-emission vehicle is based on the Nissan e-NV200 and is manufactured in association with Nissan.
Dynamo taxis were
Clayton, Dubilier & Rice has completed the acquisition of Huntsworth, a provider of specialty services that help pharmaceutical and biotech companies commercialise new therapies and support the life cycle of drug innovation for multiple years, from Phase II and Phase III trials to loss of exclusivity. The transaction was valued at GBP577 million.
Huntsworth’s broad range of value-added service include Medical Affairs, Market Access, and Marketing services to a large and diverse portfolio of clients consisting primarily of pharmaceutical and biotechnology companies in the US and Europe. Over the last 10 years, the business has transformed from a traditional communications agency
Levine Leichtman Capital Partners Europe (LLCP) has acquired SiPM in partnership with management and its founding partners. Terms of the transaction have not been disclosed.Founded in Belgium, SiPM is a pioneer in high-impact e-learning solutions for blue-chip corporations worldwide. The Company has changed the way their clients train their procurement, supply chain and sales professionals by providing role-specific curriculum and the latest e-learning methods, resulting in maximum impact for employees and organisations. Since its founding, SiPM has rapidly expanded its platform to over 50,000 individuals employed by over 200 blue-chip corporations in over 100 countries worldwide.
David Rajakovich, Managing Director
Oxwash, a laundry and dry-cleaning startup aiming to disrupt the traditional laundry service sector, has secured a GBP1.4 million investment from TrueSight Ventures, Biz Stone (co-founder of Twitter), Paul Forster (founder of Indeed.com), Founders Factory and other angel investors. Oxwash’s service is taking medical-grade laundry technology typically used in spaceship and hospital sterilisation and making it accessible to all. The new investment will be used to expand Oxwash’s reach across South East England and scale the team
Oxwash, founded by former NASA engineer Kyle Grant, uses ozone generation technology and delivery to provide coronavirus (Covid-19) disinfection for customers. Oxwash combines ozone disinfection
KPS Capital Partners (KPS) has signed a definitive agreement to acquire the Lufkin rod lift solutions business (Lufkin) from Baker Hughes (NYSE: BKR). Lufkin was founded in 1902 and acquired in 2013 by General Electric’s (NYSE: GE) Oil & Gas division. The division subsequently merged with Baker Hughes, Inc in 2017.
Lufkin, headquartered in Missouri City, Texas, is a leading global provider of rod lift products, technologies, services and solutions, including automated control and optimisation equipment and software for rod lift equipment to the oil and gas industry. With over 100 years of industry leadership, Lufkin manufactures a complete line
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
“IT sector will lead the recovery,” says ex BlackRock tech manager
“IT sector will lead the recovery,” says ex BlackRock tech manager