Deals
By Purva Aggarwal – Aiming to defy the current downturn in the travel industry, a UK fintech company looking to offer consumers a more flexible way to finance travel post Covid-19 has raised GBP10 million in Series A funding, bringing its total received in investments to GBP45 million.
Asset management firms Revenio Capital and Taurus Wealth Advisors co-led the investment round, which will be aimed at expanding operations in Germany and UK, as well as in the US, the world’s largest travel market.
The commercial travel sector is recording an unprecedented slow down due to the pandemic. According to Fly
Shore Capital portfolio company EyeSouth Partners (EyeSouth) has completed an affiliation with Georgia Eye Physicians and Surgeons (GEPS).
The affiliation represents EyeSouth’s tenth in the state of Georgia and twenty-third affiliation overall. EyeSouth is an eye care-focused management services organisation backed by Shore Capital Partners, committed to partnering with leading physicians to build a premier network of eye care services in the US. EyeSouth’s affiliate network consists of 23 practices with nearly 200 doctors providing medical and surgical eye care services at over 110 locations, including 13 surgery centers, throughout Georgia, Texas, Louisiana, Florida, Tennessee, Ohio, Kentucky and Alabama.
Georgia
Growth capital investor, BGF has announced a successful exit from Telford-headquartered ReBOUND, a technology platform which supports retailers — such as ASOS, Gymshark, Missguided, JD Sports and Sweaty Betty — to manage their returns sustainably.
BGF backed ReBOUND in October 2018 to accelerate the company’s growth. In this period, annual sales increased by 130 per cent and the returns management platform secured many of the UK’s most successful fashion brands as customers. The business has been ranked in Sunday Times Fast Track leagues three times with its first entry into the Tech Track 100 as the tenth fastest growing tech business in
Nautic Partners has sold portfolio company Spartech LLC to The Jordan Company (TJC). Nautic Partners will remain a minority shareholder.
Headquartered in Maryland Heights, MO, Spartech is a leading custom manufacturer of specialised acrylics and other engineered extruded plastics used in a variety of applications and end markets including healthcare, aerospace and defence, industrial, automotive, consumer goods, and packaging. Through its network of 14 manufacturing plants and a unique innovation centre, Spartech provides acrylic products, plastic sheet and rollstock, specialty film laminates, and packaging solutions to over 1,000 customers in North America, many of whom have partnered with Spartech for
Radiant Logic, an identity unification pioneer, has secured a strategic investment from TA Associates, a global growth private equity firm, positioning the company for further growth. Financial terms of the transaction have not been disclosed.
Whether it be in support of digital transformation, mergers or next-level partnerships, Radiant Logic is the first step in quickly and cost-effectively enabling organisations to execute initiatives that require real-time identity. The company’s industry-leading identity integration and unification platform, RadiantOne, is a dynamic technology that allows organisations to build a single source of truth for identities for today’s complex hybrid cloud environments.
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LDC has made a minority investment in Headland, a London-based agency specialising in financial and corporate reputation, public affairs and campaigning.
The leading mid-market private equity firm will support Headland’s ambitious organic growth strategy, helping the company further broaden and deepen its consultancy capabilities and fulfil its objective to advise a broader range of clients on complex communications matters.
Headland has grown substantially since 2012. The business supported its clients through the pandemic in 2020 and increased revenues by 20 per cent. Today the company employs 117 people and its clients include Accenture, ASOS, Danone, eBay, Future, Just Eat
Trainor Group AS has acquired prominent Swedish safety course provider, Teknikutbildarna, strengthening its position as Scandinavia’s leading provider of digital electrical safety training.
Headquartered in Tønsberg, this acquisition will enhance Trainor’s position as a leading player in electrical safety training in Scandinavia and give the Swedish market a boost in digital training.
As part of Trainor’s ambitious growth plans, the deal will give the company total turnover of around NOK130 million, and over 80 employees. Trainor, which is owned by its employees and global impact investor, EV Private Equity, is transforming the standard of electrical safety training through digitalisation.
UK network service provider Freshwave has acquired the managed service division of UK-headquartered Wi-Fi specialists Airangel.
Founded in 2005, Airangel provides Wi-Fi solutions and support to over 80 brands in the high-end hospitality market, as well as the build to rent and private rented sectors. Its managed service division currently connects 60,000 hotel rooms, apartments and seasonal pitches across the UK and Europe. Airangel’s leading platform for onboarding public access provides control through authentication security, insights and analytics which support and drive continuous improvement for its users.
Freshwave is backed by Digital Colony, a leading digital infrastructure investment firm
TA Associates, a leading global growth private equity firm, has completed a majority investment in InCorp Global, a leading corporate services provider in Asia.
The EQT Mid Market fund (EQT Private Equity) has agreed to sell StormGeo Holding AS (StormGeo) to Alfa Laval AB (Alfa Laval), a specialist in heat transfer, centrifugal separation and fluid handling. The transaction price amounts to NOK3,630 million.
StormGeo was founded in 1997 in Bergen, Norway, as a spin-off from Norway’s largest commercial broadcaster, TV2. Through its scalable software solutions, StormGeo provides weather-centric services to more than 2,200 customers globally in a variety of industries, including shipping, energy and onshore industries such as healthcare, hospitality, insurance and retail.
With extreme weather being the number one cause of business disruptions
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
