Private Equity company Bluewater has sold its interest in AXESS Networks (AXESS), having rapidly grown the business in its two and a half years of ownership. AXESS delivers international satellite connectivity solutions to corporations across the globe, many of which are often in hard-to-reach places where traditional sources of connectivity such as fibre and broadband are not available.   The sale of AXESS marks another successful exit by Bluewater from one of its portfolio businesses. It is also the first sale of a company in its Fund II.   Bluewater has sold the business to Hispasat, which is owned by

Livingbridge has invested in Nourish Care Systems (Nourish), a provider of digital care planning software to the UK social care sector. Livingbridge’s 20-plus years of social care, health care and software experience, will provide Nourish with the support to fully realise its mission of improving the lives of those in care, and empowering those who support them.   Founded in 2011, Nourish is a cloud-hosted Digital Care Planning Platform supporting care providers and carers in the evidencing, and accessing of care records, and enabling better care provision using data insight and reporting. Over the past few years Nourish has grown

Alpha Development, a specialist financial training provider, has secured substantial investment from BGF. The investment will support Alpha’s current growth plans, including further expansion into the United States, enhancement of Alpha’s product and go-to-market strategy.    Founded by Ian Dawson in 2003 but now headed by CEO Paul Monk, and with offices in London, New York, Singapore and Abu Dhabi, Alpha is dedicated to developing the careers of financial professionals worldwide.   Its core product is specialist Early Careers, Sales, Management & Leadership development for blue-chip financial services institutions, including the world’s top Investment Banks.

The North East Development Capital Fund (NEDCF), supported by the European Regional Development Fund and managed by Maven Capital Partners (Maven), and Gresham House Ventures (GHV), has completed a GBP3 million funding round for RevLifter, an AI-powered technology platform that enables brands to achieve their eCommerce goals through personalised deals and content. The transaction is split evenly between NEDCF and GHV.    In 2020 the Maven VCTs and GHV co-led a GBP3.3 million Series A funding round for RevLifter to support the rapid expansion of the business as it capitalised on several new growth opportunities driven by changing consumer behaviours

FlapKap, a company focused on e-commerce and SaaS growth in the MEA region, has completed a USD1.2 million funding round led by A15, a MENA venture capital firm, and one of the most prominent backers of early-stage start-ups in the region. FlapKap is a regionally contextualised version of Clearco and Wayflyer and the first company of its type in the Middle East.  Its primary value propositions are twofold: first, it offers online businesses AI-based insight to help them optimise their advertising spend and maximise profits. Then, it offers these businesses revenue-based flexible payment terms, on that advertising spend, to ensure

Decentriq, a Swiss enterprise SaaS platform providing the most secure and compliant data clean rooms, has closed a USD15 million Series A funding round led by Eclipse Ventures. Existing investors Atlantic Labs, btov Partners, and Paladin Capital Group also participated in the round.  Decentriq will use the investment to further accelerate the development and commercialisation of its data clean rooms based on AI, state-of-the-art encryption and privacy-enhancing technologies (PET). The funding will also be used to expand the types of analytical tools available on the platform, such as Python, R and machine learning, as well as PET features like synthetic

Lawyers from Carey Olsen’s corporate and investment funds practice in Jersey have acted for Falko Regional Aircraft Opportunities Fund LP and Falko Regional Aircraft Opportunities Fund II LP (the Jersey Funds) in relation to a proposed sale by affiliates of Fortress Investment Group LLC (Fortress) of Fortress’ equity interests in those funds to Chorus Aviation Inc (Chorus). The sale, which is valued at approximately USD855 million (including debt and cash assumed), includes Falko’s asset management platform and equity interests in 126 owned and managed regional aircraft. The combined company will have a total of 353 owned, operated, and managed regional

Innova Capital, a private equity firm focused on Central Europe, has entered into a binding agreement with Recticel to sell is 100 per cent stake in Trimo for an enterprise value of EUR164 million.

Saphyre, Inc, a FinTech company that leverages patented AI technology to structure all pre-trade data while eliminating post-trade inefficiencies, has completed a USD18.7 million Series A round led by HCAP Partners. JP Morgan and BNP Paribas also participated in the round.  Terms of the investment have not been disclosed.   Saphyre’s AI-powered platform enables direct collaboration between multiple financial parties related to the same client. The platform digitises all pre-trade data and documents, eliminating redundant manual processes and allowing for secure, expedited access to data throughout the trade lifecycle.    The Series A funding will be used to accelerate Saphyre’s

ME+EM, a UK direct-to-consumer luxury fashion brand, has raised GBP55 million from investors led by Highland Europe. Having seen triple digit revenue growth globally the highly profitable brand will accelerate expansion in the US, followed by continental Europe, Australia and the Middle East. Born out of London but sold and revered globally, ME+EM’s clothes are designed for the busy, modern woman by women. ME+EM customers span the generations and are not prepared to choose between quality and cost. In ME+EM, they have found a brand that combines function and fit with contemporary style, as well as exceptional ethical values.