Deals
Fenergo has secured EUR4m of new equity funding, which will help support the company’s continued international growth and development.
The EUR4m investment is being made by The Ulster Bank Diageo Venture Fund, managed by Investec Ventures, with co-investment from existing shareholders.
Fenergo, which develops client onboarding, enterprise compliance and data management software solutions for investment banks, plans to use the funds to further expand its global footprint across North America, Europe and Asia Pacific, and accelerate the development of its enterprise platform. This announcement builds on the company’s successes over the last year which has seen it sign
Water Street Healthcare Partners has sold ConVerge Diagnostic Services to Quest Diagnostics.
Headquartered in Peabody, Massachusetts, ConVerge is a regional laboratory providing clinical, cytology and anatomic pathology testing services.
Water Street invested in ConVerge in 2009 and recruited a management team spearheaded by Bob Gorman, a leader with more than 20 years of laboratory services experience. Together, Water Street and the company’s management team expanded ConVerge’s test menu and capabilities, particularly in the area of women’s health, and invested in initiatives to enhance customer service. They also partnered with universities, health systems, hospitals and physician groups to grow
Albion Ventures has led a substantial investment in Aridhia Informatics, a health and biomedical informatics company.
Founder investor Scottish Equity Partners (SEP) also participated in the round.
Headquartered in Edinburgh, Aridhia was founded in 2008 by Dr David Sibbald OBE and Professor Andrew Morris, dean and professor of medicine at the University of Dundee, Scotland and renowned internationally for his research on diabetes and the use of healthcare informatics in clinical health provision.
Aridhia has an informatics platform with cutting-edge analytical tools to support healthcare and research. It has established an international client base and a network
Maternity clothing brand Isabella Oliver has secured GBP700,000 of growth capital investment, and GBP700,000 debt finance to fuel growth, from Santander’s Breakthrough programme.
Established in 2003, Isabella Oliver is an online retailer of clothing for women during all stages of pregnancy. The brand has grown rapidly since creation with its focus on stylish, flattering fashion appealing to pregnant women workers and high profile celebrities in both the US and the UK. Its customers include Angelina Jolie, Jennifer Lopez and Natalie Portman and around a third of its sales come from customer referrals.
A winner of the Queen’s Award
Electranova Capital, the cleantech investment fund managed by Idinvest Partners in partnership with EDF, has invested in Enlighted to accelerate its growth in Europe.
Headquartered in Silicon Valley, Enlighted harnesses sensors, software and analytics to increase energy efficiency in industrial, commercial and office buildings. The company’s first application, advanced lighting controls, saves companies between 50 and 70 per cent in lighting costs. In North America, Google, LinkedIn, Hewlett‐Packard, AT&T and other “Fortune 1000” companies have adopted Enlighted’s technology in the past three years. In all, Enlighted has saved more than 15 Gigawatt hours of electricity.
Enlighted is developing
Monomoy Capital Partners, a New York private equity fund focused on value investing and business improvement, has acquired Escort from a consortium of investors led by Falconhead Capital.
Monomoy acquired Escort through its second fund, Monomoy Capital Partners II. Terms of the transaction were not disclosed.
Escort offers a line of automotive accessories and is the market leader in the design, manufacture and distribution of radar detectors and mobile data used for ticket protection. Escort’s products are marketed under two brands – ESCORT and BELTRONICS. Through these brands, the company maintains the leading market position in the sale
Water Street Healthcare Partners has partnered with one of the world’s leading pharmaceutical companies to develop a set of generic products.
The collaboration is a new model of outsourcing that is designed to provide pharmaceutical companies with greater flexibility and support to maximise their investment in drug development.
Water Street has created a standalone company that will fund and lead the development and approval processes of multiple generic product families over the next several years on behalf of its pharmaceutical client. As each product receives regulatory approval, the client will purchase that product at a previously agreed upon
Private equity firm LDC has invested in a GBP20m transaction to support the future growth of The Training Room (TTR), a UK provider of vocational training and accreditation for gym instructors and personal trainers.
LDC has invested alongside founder and chief executive Jonathan Davies, who will retain a significant shareholding.
Established in 2006 and headquartered in Poole, Dorset, TTR operates fitness industry recognised training programmes from 16 training academies that are strategically located in key cities across the UK. The business has more than 100 employees and trained nearly 3,000 people over the last year.
TTR provides
Aviva Investors has acquired an 8.6MW portfolio of residential solar photovoltaic (PV) systems installed on over 3,000 properties across the UK from Zouk’s first infrastructure fund, Zouk Solar Opportunities Ltd (ZSOL).
The ZSOL portfolio was developed and financed by Zouk over 2011-2013. The investment model enables homeowners and social housing residents to benefit from free use of the electricity generated by the solar PV systems. The systems were installed at no cost to the residents and can reduce household power bills substantially, which helps to relieve many from fuel poverty. The electricity generated by the portfolio over its lifetime
Furniture brand Swoon Editions has raised GBP1.2m in investment from Index Ventures, Octopus Investments and angel investors.
Swoon Editions was founded in March 2012 and has traded until now as Decoholic. During this period it has built a loyal following of thousands of customers. This is the company’s first external investment.
Brian Harrison, chief executive and co-founder, says: "We believe people should be able to own beautiful furniture without paying six times what it costs to make. We figured if we could identify pieces that people really covet, and only make those, there was an opportunity to deliver great designs to consumers at market
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
