Deals
Cavendish Corporate Finance has advised the shareholders of Express Vending Group Limited (Express Vending), a UK supplier of premium refreshment solutions, on its sale to Selecta Group (Selecta).
Express Vending is a privately-owned, fast-growing UK supplier of premium vending services. The business generated sales of more than GBP39.0 million in the twelve months ending July 2018. Founded in 1992, Express Vending is focused on London and the neighbouring counties. It is recognised for the high quality of its service and product offering, achieving strong customer retention.
The acquisition confirms Selecta’s position as a leading European provider of unattended self-service
VividGro, a portfolio company of private equity firm Pegasus Capital Advisors (Pegasus), has secured investment firm Merida Capital Partners (Merida) as its strategic partner.
VividGro, a spinout from Pegasus-funded Lighting Science Group Corporation (LSG), offers products based on LSG’s origins in developing lighting for NASA and the International Space Station and currently focuses on distributing controlled environment agriculture (CEA) LED lighting solutions and services to the indoor horticultural and cannabis industries.
The Company will initially be funded by investments from LSG and Merida Capital. Merida Managing Partner Mitchell Baruchowitz will join the VividGro Board and work with VividGro CEO
Atheon Analytics, a provider of visual analytics products and services to UK’s leading grocery retailers and suppliers, has secured a seven-figure investment from international private equity investor, EmergeVest, in exchange for a minority shareholding.
Atheon will use the additional capital to accelerate its rapid growth plans, applying leading edge technology to its SaaS portfolio for the UK grocery supply chain. Atheon’s existing investors, Chief Executive and Founder, Guy Cuthbert and Commercial Director, Ian Hall, will continue to serve in their respective roles as Atheon’s senior management. They are joined by Craig Sears-Black, a software industry leader, who has been appointed as
On the dot, a machine learning-driven last mile delivery start-up, and part of CitySprint Group, has secured an additional investment of GBP8 million from its parent company, which is itself private equity-funded.
This new round will help fund On the dot’s further growth: product development, senior hires and international expansion, and builds on the GBP17.7 million invested in On the dot since its establishment in 2015. Globally, more than USD11 billion (GBP8.5 billion) has been invested in start-ups disrupting the last mile delivery market since 2007.
On the dot – which now combines On the dot and LastMileLink Technologies
City law firm Wedlake Bell has advised Global Risk Partners (GRP) on its third acquisition in the past month. GRP’s Northern Irish retail broking hub, Abbey Bond Lovis (ABL), has acquired a majority share in Digney Grant Ltd, a Northern Irish insurance broking firm, for an undisclosed fee.
The deal completed on 15 August 2018 and has received regulatory approval.
GRP’s acquisition of Digney Grant through its ABL hub demonstrates the effectiveness of GRP’s hub strategy across the UK which enables the group to pursue acquisitions of companies who are experienced specialists in their regions. This latest deal –
LaLiga, Spain’s top-flight soccer competition, and Relevent, a multinational media, sports and entertainment group, have formed a 15-year, equal joint venture to promote football in the US and Canada.
As part of the agreement, LaLiga plans to bring a regular season club match to the United States, the first to be played outside Europe.
Called ‘LaLiga North America’, the newly founded organisation will work to cultivate football culture in the US and Canada.
The agreement marks an inflection point for football – the world’s most popular sport in numbers of participants and spectators – in the US and
Deposit Solutions, a specialist in Open Banking and provider of a platform for savings deposits, has closed a new funding round led by private equity firm Vitruvian Partners.
Vitruvian was joined by Kinnevik and existing shareholders including Deposit Solutions’ first institutional shareholder e.ventures in a transaction worth a total of USD100 million, valuing the company at USD500 million.
Dr Tim Sievers, CEO and founder of Deposit Solutions, says: “We are delighted to welcome Vitruvian and Kinnevik as new shareholders. They are experts in supporting high-growth companies, which makes them ideal partners for us. Their deep industry expertise and financial
Eagle Merchant Partners and JLM Financial Partners have closed their investment in the Recreational Group, a leading provider of residential and commercial recreational surfacing products across the country.
The move capitalises on the rapidly-growing artificial turf and sports surfacing industry, with products used across a wide range of markets and customers. Founded in 1998, Recreational Group has grown to more than USD45 million in sales through strategic acquisitions and organic growth. The recreational surfacing industry has become more popular as it is environmentally sustainable, affordable and maintenance free, which has driven both residential and commercial uses. It allows families to
Floreat, the privately-held investment group, is to acquire a USD500 million portfolio of Boeing and Airbus aircraft as it continues to secure opportunities in the aviation finance sector on behalf of clients.
The group, which completed an award-winning securitisation of a USD450 million portfolio of A330s in 2016, has appointed MUFG to source a portfolio of aircrafts, which are on lease to airlines around the globe.
Floreat, which specialises in investments in public and private equity, real estate and private debt, is a long-time supporter of securitisations backed by aviation leases and sees the asset class as a means
Edinburgh-based private equity fund, Inverleith, has made a seven figure, multi-million GBP investment in Braham and Murray Good Hemp, a plant based food and drink brand which manufactures products from hemp seed.
Inverleith invests in consumer brand companies within the health & wellbeing, lifestyle and heritage sectors. It specialises in internationalising and commercialising brands, helping them to realise their full potential. Its Partners are ex-Chairman and Chief Executive of Noble Group, Ben Thomson and ex-Chief Executive of The Glenmorangie Company and Partner L Capital (LVMH), Paul Skipworth.
Other portfolio investments through its Fund and high net worth investor club
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
