Deals
ProFinda has received GBP1 million of funding from Nesta Impact Investments, a venture capital arm of one of the UK’s leading innovation foundations.
Nesta Impact Investments supports businesses like ProFinda which have the potential to deliver clear social impact as a part of their business model.
ProFinda’s mission is to revolutionise how organisations and their supply chains of people understand their collective skills so that work and projects can be directly matched to actual knowledge, capability, experience and skills.
The Nesta investment will be used to:
● build on success with blue chip clients and partners
●
Livingbridge, a UK mid-market private equity investors, has made a GBP15 million investment in Nationwide Hire, an aggregator of equipment rental and hire services.
Founded in 1995 and headquartered in Fareham, Hampshire, Nationwide Hire manages a network of over 4,000 suppliers based in over 9,000 locations across the UK and Ireland with access to more than five million products. With over 70 staff and turnover exceeding GBP16 million Nationwide Hire provides major plant and machinery, equipment, tools and specialist services to companies operating across a wide range of sectors including construction, facilities management, retail, events, waste management and crisis support.
Värde Partners and Agam Capital are forming a joint venture pursue the acquisition, reinsurance and management of life and retirement businesses globally.
The joint venture combines the investment management expertise of Värde Partners with the proprietary insurance solutions platform developed by Agam, and will have the capability to price and manage complex insurance products with embedded market and actuarial risks, on a global basis. It will serve as a turnkey solution for financial modelling and enterprise risk management to provide comprehensive economic solutions to life insurance companies.
In connection with the launch of the JV, Värde Partners is seeking
AVALT, a family office that makes direct private equity investments, has purchased Ned Stevens, a provider of residential gutter cleaning and essential exterior home services.
Ned Stevens was founded in 1965 and provides gutter cleaning, soft wash and other related, non-discretionary residential services in 15 states. The company has grown rapidly, fueled by its reputation for high quality service, expansion into new markets and the addition of complementary service offerings.
“We are delighted to partner with the Ned Stevens management team to help them continue building their business. Ned Stevens is a market leader that is truly differentiated within its
Anath Capital Group, the parent company of Garraway Capital LLP, has acquired London-based fixed income specialist, Stratton Street LLP.
Stratton Street is a fund management and advisory company, specialising in fixed income markets. The transaction will double Anath’s assets under management from around USD500 million to over USD1 billion.
Stratton Street’s CIO and Partner, Andy Seaman, says: We are very excited by the opportunities presented by this move. Anath invests using not only capital but also the collective management experience of their organisation. Not only will we will benefit from access to their distribution, operational, legal and compliance capabilities,
Par Equity, an owner-managed venture capital firm specialising in identifying and supporting rapid-growth businesses, has invested GBP800,000 in Kibosh Ltd, the designer of a leaking-pipe repair kit.
Ross Dickinson, a plumbing and heating engineer invented Kibosh in 2009. The kit allows professional plumbers and trades people to mend leaking pipes without having to turn off the water supply to water and central heating systems.
Par Equity’s investment in Kibosh will allow the firm to continue its plans to develop equipment to deal with leaks in pipes carrying oil, gas and other liquids. Kibosh also plans to accelerate its expansion
Thoma Bravo, a software-focused private equity investment firm, has acquired majority ownership in IDS, a provider of asset finance software solutions, from its current owner, SV Investment Partners.
Nicholas E Somers, Chairman of SV Investment Partners, says: “Having partnered with IDS since 2003 we are immensely proud of its achievements under our ownership and of the benefits enjoyed today by customers of the market-leading IDS solutions. We are delighted that IDS can now look forward to partnering with Thoma Bravo in the next stage of its development. With its exceptional enterprise software expertise, experience and resources, Thoma Bravo could not
The latest CEPRES Private Equity Buyout analysis shows the IRR spread between top performing funds and the market median has significantly increased since the GFC.
The analysis, based on primary sourced cash flow data from over 7,000 funds on the CEPRES platform, shows that between Vintage Year 2009 and 2018, median net IRR for buyout funds hover around 15 per cent with a range of 12.9 per cent to 16.4 per cent, whereas top performers based on the upper quartile are at 22 per cent, with the spread widening in most years since the GFC.
Overall median Net IRRs returns show a
Mid-market private equity investor LDC has sold global business-to-business events specialist FC Business Intelligence (FCBI) to Thomson Reuters. The value of the transaction is undisclosed.
FCBI delivers high-end conferences and exhibitions globally to a diverse range of sectors including energy, insurance, pharmaceuticals, transportation, travel, strategy and technology. It helps senior business professionals stay at the forefront of change in their industry through insight sharing and networking with peers.
LDC partnered with FCBI in 2018 to support the management team’s plan to drive organic growth and expand into new markets. Since then the business has focused on improving its customer
Investment manager Downing has exited a series of hydroelectricity investments based in Scotland and managed by Gilkes Energy Limited.
Downing’s Energy and Infrastructure Investment team has worked closely with Gilkes Energy, a specialist hydroelectricity developer, since September 2013, to invest in a series of seven projects. The investment funded the development, construction and operation of the projects which total 8MWp of renewable energy generation in Scotland.
Downing has undertaken a successful programme of disposals to return capital to Enterprise Investment Scheme (EIS) investors in the projects, of which this divestment forms part. All six investments have been acquired by
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
