Maven Capital Partners’ (Maven) Maven VCTs have committed £4 million of investment to Novatus Advisory Limited (Novatus). London headquartered Novatus provides specialised advice to financial services firms to support them in complying with their regulatory obligations, including risk, compliance and ESG programmes. Key to this is Novatus’ RegTech division which develops market leading tools to support firms with complex challenges. The flagship product – the Novatus Transaction Reporting Analysis (TRA) tool, enables banks and asset managers to meet their transaction reporting reconciliation requirements in an efficient and cost-effective manner. The funding from Maven will be used by Novatus to invest

ID-Pal, a global identity verification provider, has secured €7 million (£6 million) in a Series A funding round led by Inspire Investments to further fuel expansion into international markets. The round was led by Inspire Investments with confidence shared by Act Venture Capital who have now participated in ID-Pal’s last two rounds. Inspire Investments is led by Derek Delaney, CEO of Waystone, and is the private holding company for the management of Waystone. This new wave of funding will allow the Dublin-based identity verification company to further scale its global sales and marketing efforts to meet the growing demand for

3i Group (3i) is to invest in VakantieDiscounter, a technology-enabled online travel agency in the Benelux focused on affordable holidays.

11:11 Systems (11:11), a managed infrastructure solutions provider, has acquired Static1, a specialist in managed network and IT infrastructure development and services. Driving increased productivity, efficiency and security for its customers, Static1 designs, builds, runs and optimises IT infrastructure.    The enterprise network infrastructure market is valued at $56 billion as of 2021 and is expected to grow significantly over the next five years. The shifting dynamics of remote work and the increased need for bandwidth and technology to enable the migration to wireless are major factors driving the growth of the connectivity market. IT leaders must ensure applications and

Riskonnect, a specialist in integrated risk management (IRM) solutions backed by private equity firm TA Associates, has acquired Castellan, a global provider of enterprise resilience management solutions. The acquisition furthers Riskonnect’s IRM vision of bringing all aspects of Risk Under One Roof by seamlessly incorporating business continuity and operational resilience capabilities into its platform.   Castellan’s mission is to help organisations find the right balance of risk tolerance and resilience to protect their people, reputation, customers, and bottom line. The company serves more than 750 customers in over 30 countries and has 130 employees. The acquisition accelerates the growth objectives

Construction platform 011h has raised €25 million in a Series A funding round led by Redalpine, accompanied by Seaya Andromeda and Breega, with the  participation of Aldea Ventures among others. Previous investors including Giuseppe Zocco, Foundamental and A/O Proptech, also joined the round. The funding will be used to further develop 011h’s digital platform and building system, as well as grow its team and strengthen its network of partners. Initially, 011h will focus on projects in its home market of Spain. It will then pursue its goal of becoming a leading building platform in Europe, and ultimately an open platform

Funds managed by CapMan Buyout are to sell their holdings in Fortaco Group, a strategic partner to the heavy off-highway equipment and marine industries offering technology, vehicle cabins, steel fabrications, and assemblies to global OEMs, to private equity firm One Equity Partners. One Equity Partners will support the further development of the current and new offerings of Fortaco, including areas to strengthen value creation to customers and to provide the means for further international expansion. Under the ownership of CapMan, Fortaco has grown and become a market-leading, premium industrial company. Fortaco has factories across seven European countries, in addition to

Online payment service provider Buckaroo is to acquire SEPAY, a point-of-sale (PoS) payment solutions provider in the Benelux, with the support of Keensight Capital, a private equity manager dedicated to pan-European growth buyout investments, and Buckaroo’s majority investor, alongside the managers of SEPAY. Founded in 2005 and headquartered in The Hague, SEPAY is a fast-growing licensed payment institution specialised in PoS payment solutions in the Benelux. Thanks to its credit card acquiring capabilities and highly efficient merchant onboarding process, SEPAY has distinguished itself in its ability to provide a comprehensive and highly competitive PoS solution, with next day implementation of

Connection Capital, a specialist private client alternative investments business, has completed a £6.4 million investment in the MBO of one of the UK’s leading TV and film set design and build businesses, Cardiff-based 4Wood TV and Film Ltd, whose customer base includes Netflix, Disney+, the BBC and HBO. The transaction was supported by a senior debt package from Virgin Money (Clydesdale Yorkshire Bank). The company’s recent and on-going work includes the high-profile productions of His Dark Materials (BBC/HBO), Sex Education (Netflix), Doctor Who (BBC), A Brave New World (Universal), A Discovery of Witches (Sky) and Willow (Disney – premiering later