Prometheus Group, a global provider of asset management operations and optimisation software, has acquired S&V, a provider of data services and technology solutions for various industries such as manufacturing, airlines, utilities and oil and gas. S&V has spent over 13 years helping customers discover and maximise the value of their material data.    Financial terms of the acquisition of S&V, the eighth made by Prometheus Group since being acquired by Genstar Capital in 2019, have not been disclosed. 

Integrity360 and Caretower, two established providers of cybersecurity services, have joined forces with Caretower becoming an Integrity360 company. The terms of the transaction have not been disclosed.      For the 2021 calendar year Caretower reported sales of circa GBP28 million in 2021 and operates from offices in London and Sofia, Bulgaria. All of Caretower’s employees will remain with the group. Combined, the enhanced group expects sales exceeding GBP70 million in 2022.      Both Integrity360 and Caretower are steeped in the roots of the cybersecurity industry having been established in 2005 and 1998 respectively. Both organisations are well known

North west based multi-family investment office Arete has led a GBP3.5 million funding round in Dynamis, a technology enabled service provider. Warrington-based Dynamis is headed up by founder and CEO Martin Smith, who has been providing greener domestic energy solutions for over ten years. Before launching Dynamis, he successfully exited Sunlight Tech after selling the business to Octopus Energy. The investment from Arete will help Dynamis develop and innovate its hardware and software solutions, alongside a core installation programme that aims to decarbonise the UK’s housing stock.

Wearable Link Limited, trading as Plinx, has secured GBP500,000 in funding to support its investment in product development and enter new markets as well as supporting the creation of seven new jobs for the local Worcestershire economy. Plinx secured funding from the Midlands Engine Investment Fund (MEIF), from the West Midlands Debt Finance fund managed by Maven Capital Partners (Mave) and backed by the Recovery Loan Scheme. Based out of Malvern Science Park, Plinx is an IoT technology provider specialising in the development of an innovative health and safety system for the construction sector.

TitanHQ, an invested company of UK mid-market private equity investor Livingbridge, has acquired Cyber Risk Aware, a security awareness platform. Headquartered in Galway, Ireland and with offices in Florida, TitanHQ provides Managed Service Providers (MSPs) and businesses with advanced web filtering, email security and archiving solutions.    Having identified the growing market momentum for SaaS-based security solutions, Livingbridge invested in Titan in 2020, and has supported TitanHQ’s growth plans through increased investment in product development and people.   Cyber Risk Aware is a leading security awareness platform, with a portfolio of blue-chip clients including Invesco, Standard Chartered and Glen Dimplex. 

Actyv.ai, an AI-powered Enterprise SaaS platform with BNPL for B2B embedded, has raised USD5 million in a Pre-Series A funding round led by Dubai-based 1Digi Investment management firm, the family office of Raghunath Subramanian, Global CEO, Actyv.ai. With these fresh funds, Actyv.ai plans to scale and expand globally. Actyv.ai is an easy to adapt Enterprise SaaS low-code no-code platform. It is used by large enterprises to transform their supply chains and to empower their partners with an intuitive platform and financial products. Actyv.ai solves complex business and real-life problems for enterprises by leveraging existing IT systems (using the low-code no-code

Facilio, a property operations software platform specialist, has raised USD35 million in a Series B funding round led by Dragoneer Investment Group with participation from Brookfield Growth and existing investors Accel India and Tiger Global Management. Founded in 2017, Facilio offers a unified software platform that leverages an AI-led predictive engine to help real estate portfolios digitise processes and optimise their property operations. The platform encompasses a suite of SaaS applications for maintenance [CMMS/CaFM solutions] and operational visibility, sustainability, and remote equipment performance monitoring.  Founded four years ago by Prabhu Ramachandran, Rajavel Subramanian, Krishnamoorthi Rangasamy, and Yogendra Babu, Facilio has

AgDevCo, a specialist investor in early-stage African agribusinesses, has secured a USD90 million package of new funding from the CDC Group, Norfund and DFC which will allow AgDevCo to continue to grow its investment activities in agriculture across Sub-Saharan Africa. This is in addition to the announcement of supplementary funding of up to USD5.4 million from CDC, Norfund and the UK’s Foreign, Commonwealth and Development Office (FCDO) for AgDevCo’s integrated technical assistance facility.      This new funding builds on the original endowment funding provided by the UK government which helped establish AgDevCo over the past decade. This endowment has

Giift, a provider of loyalty management solutions around the globe, backed by Apis Growth Fund II, a private equity fund managed by Apis Partners, has acquired a significant strategic interest in Xoxoday, a fintech disruptor in the rewards, incentives and payout space. The partnership includes both primary and secondary capital components, and the collaboration will enable both Giift and Xoxoday to enlarge their service offerings and collectively accelerate growth globally. Xoxoday provides technology infrastructure to enable businesses to automate rewards, incentives and payouts across the value chain. Xoxoday will use the USD30 million investment to fuel the next stage of