Deals
A Newcastle tech company, whose software allows businesses to create their own mobile apps, has raised GBP1.2m to further develop its product and expand its team.Nutshell Software has secured investment from two funds managed by Mercia – the Northern Venture Capital Trust (VCT) Funds and the North East Venture Fund (NEVF), which is supported by the European Regional Development Fund.
Nutshell’s software offers a simple way for businesses to create their own fully functional mobile apps in minutes – with no coding necessary. Launched in 2017, it is already being used by many public and private sector organisations including Network
Pan-African private equity firm Development Partners International (DPI), through its third fund ADP III, has made a USD56 million investment in Tunisian tomato processing and agri-business, SICAM.Established in 1969, SICAM is a leading producer of canned tomatoes, pepper pastes, and jams and one of the most recognised brand names in Tunisia’s food and agri-industry, with a strong track record of delivering quality products to its customers. Wholly owned by the Bayahi Group, a leading Tunisian conglomerate, SICAM has quickly become the fastest growing player and market leader of the sauces and condiments segment in Tunisia, in part driven by its
Benson Oak Capital’s private equity arm and co-investors have sold 100 per cent of their stake in Klikpojisteni.cz (Klik) to a company majority owned by TA Associates, a global growth private equity firm, and minority owned by MCI EuroVentures, a technology investment fund.Klik operates a leading online insurance brokerage in the Czech Republic and Slovakia under domain names Klik.cz and Klik.sk, with offices in Prague, Usti nad Labem and Bratislava. It offers clients the ability to transparently compare prices for non-life and life insurance products, including MTPL, CASCO, home, travel and term life insurance. The company will continue to operate
Deal flow will remain depressed until the UK lockdown eases, according to the UK & Ireland Private Capital Breakdown, which covers Covid-19’s impact on the private equity industry.
One of the key findings of the latest report is that until we see substantial easing in the UK & Ireland lockdown deal flow will remain depressed as GPs do not plan on closing investments through an entirely virtual process. Most managers will close deals only once they have met management teams face to face and they’ve seen the business operating in full motion.
Another trend is that the IT space will
Omnes has invested EUR60 million in a primary LBO, carried out as a proprietary deal with the Biofutur group, a cluster of medical biology analysis laboratories in Ile-de-France, which is managed by independent medical biologists.
Private investment firm Newlight Partners (Newlight) has made a significant equity investment in Zing Health Holdings, a physician-led Medicare Advantage HMO plan designed for Medicare-eligible beneficiaries.Founded in 2019 and headquartered in Chicago, Zing Health has a distinctive focus on populations underserved by traditional health insurance models. Its approach is based on a patient-oriented delivery system consisting of primary care providers, registered nurses, social workers, behavioural health specialists and community-based health care workers across a growing network of providers.
Zing Health was cofounded and is led by Dr Eric Whitaker, a seasoned physician and entrepreneur. He is supported by a
True, a European retail and consumer sector specialist investor, has led an investment of over GBP1 million into a London-based men’s make-up brand, War Paint, co-investing with Redrice Ventures, led by Partner Robert Senior, the former CEO of Saatchi & Saatchi, and other angel investors. Since launching in 2018, War Paint has received a phenomenal amount of attention from the press and is the first men’s make up brand to have a fully stocked men’s makeup counter within the men’s section of major retailers such as John Lewis, Mr Porter and Harvey Nichols. The capital will be used by War Paint
Par Equity has led a GBP750,000 financing round with support from The Scottish Investment Bank into UniKLasers, a manufacturer of high precision scientific laser instrumentation used in industrial applications.
This investment is the second that Par Equity has made since its partnership with British Business Investments via the Regional Angels Programme. The round takes UniKLasers’ total funding to GBP2.3 million. Par Equity first invested in UniKLasers in 2017.
UniKLasers will use the capital injection to expand its manufacturing and R&D capability, continue to build its global sales and marketing pipeline and increase its workforce to capitalise on a market
British fintech alternative payment provider start-up Fly Now Pay Later has raised GBP35 million in Series A equity and debt funding round, which will offer a new way to finance travel once restrictions ease.
Jasper Dykes, co-founder and CEO of the startup, will offer flights from 0 per cent APR. “Few industries have been affected as significantly as tourism in the wake of Covid-19. This investment is a welcome boost to the sector, and provides us with adequate cash flow to help steer us through these challenging times,” said Dykes. “It’s predicted that once lockdown restrictions begin to ease, airlines
Maven Capital Partners (Maven), one of the UK’s most active private equity houses, has completed a GBP1 million investment in Boiler Plan (UK) Ltd (Boiler Plan), an online platform that sells, installs and services central heating boilers across the UK.The transaction includes a GBP600,000 investment from the Maven VCTs and a further GBP400,000 investment from the North East Development Capital Fund, supported by the European Regional Development Fund and managed by Maven.
The new funding will support Boiler Plan’s ambitious growth plans, allowing the business to execute its long term strategy to create 40 new jobs in the next
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
