Deals
IK Investment Partners (IK)’s IK VII Fund has sold its stake in Hansen Protection AS (Hansen Protection) to Survitec Group Ltd (Survitec). Financial terms of the transaction have not been disclosed.
Hansen Protection, with headquarters in Moss, Norway has over 140 years of experience in design and production of textile products safeguarding people, property and the environment. The company is a leading European supplier of immersion suits and protective rainwear used in harsh environments and cold-water areas, as well as a leading Scandinavian supplier of coated textile products for leisure, marine and niche applications. Trusted by defence, marine, energy,
Franz Haniel & Cie GmbH (Haniel) continues with its portfolio transformation and has signed a Share Purchase Agreement with Luxembourg-based Aperam SA (Aperam) to sell ELG Haniel GmbH (ELG).
ELG will be acquired as a complete group and continue to operate as a fully separate company, serving its customers in their best interests. The transaction is subject to the customary regulatory approvals and expected to close in the second half of 2021.
ELG, a specialist in trading, processing, and recycling raw materials for the stainless-steel industry as well as high-performance materials such as superalloys and titanium, has been part
InvestCloud, a specialist in cloud-based financial digital solutions, has acquired Advicent, a cash flow, trust and tax financial planning provider.
Read the full story at Wealth Adviser…
TELEO Capital Management (TELEO) has made a significant growth equity investment in Teesnap, a golf course operations management software platform.
TELEO will be partnering with existing shareholder, Allegiant Travel Company (Allegiant), to invest in product and go-to-market initiatives.
Based in Las Vegas, Teesnap offers a cloud-based software solution that helps golf course operators create a better customer experience and drive improved decision-making through big data and smarter business intelligence. The comprehensive SaaS platform provides real-time tee time scheduling, mobility-enabled point-of-sale, pricing optimisation, inventory management, intelligent marketing and business reporting. The Business’ managed marketing services leverage Teesnap’s in-house marketing specialists to
Sylvan Enterprises (Sylvan) has received a GBP500,000 loan through the Midlands Engine Investment Fund (MEIF) ESEM Debt Finance fund and backed by the Coronavirus Business Interruption Loan Scheme (CBILS), managed by Maven Capital Partners (Maven).
The furniture design business, based in Mansfield, Nottinghamshire, will use the funding package to support its growth capital needs as well as expanding into new markets, with plans to enter the social care and education sectors.
Sylvan specialises in the manufacturing of contract furniture where it coordinates with a range of interior designers, architects and specifiers throughout the design and manufacturing process.
Sylvan has been
Sovereign Capital Partners, a UK private equity Buy & Build specialist, has completed a significant investment in AquaQ Analytics (AquaQ), a specialist data analytics and data science services business supporting global financial institutions.
Sovereign has partnered with the management team to further grow the company’s international presence and develop its range of services.
Founded in 2011 and headquartered in Belfast, Northern Ireland, AquaQ has offices in the USA, Singapore and Hong Kong. The business employs over 180 staff, which includes its team of highly skilled and qualified consultants.
AquaQ has significant expertise in helping its clients optimise, develop
Par Equity has led an investment of GBP2 million in data management specialist Datactics.
Belfast-based Datactics provides software and services to large organisations that need to improve and control the quality of the data held in their computer systems. The AI-enabled platform allows staff who are not IT experts to efficiently deduplicate, clean-up and enrich the information in their lines of business. For businesses that have information spread across many databases, the products enable them to give their customers a better quality, more joined-up service, while reducing their costs.
Datactics operates in the fast-growing data and data quality management industry.
The Kempen European Private Equity Fund, the private equity investment fund of Kempen Capital Management (Kempen), has acquired a direct interest in a new entity by the name of Tellus Group (Tellus) that was formed as a result of the merger of five regional campervan dealers in Norway.
Tellus was formed by the merger of five Norwegian campervan dealers with a total of ten locations. The new group employs 120 people. The ten locations are state-of-the-art motorhome dealerships, located strategically across Norway. Tellus currently offers two-thirds of all large campervan brands, focusing primarily on the sales of new and used
Invizius Limited (Invizius), a biotechnology company developing treatments to suppress unwanted innate immune responses, has closed a Series A financing of GBP5.3 million.
The round was led by existing investors Mercia, Downing Ventures, Old College Capital, Scottish Enterprise, Solvay Ventures and new investors Calculus Capital and experienced life science entrepreneur and investor, Dr Jonathan Milner. Although already over-subscribed, the company’s Series A remains open to other investors until June 2021.
Invizius will use the financing to complete a First-in-Man safety study in 2022 of its H-Guard Priming Solution to reduce the life-threatening inflammatory effects of haemodialysis.
There are
Drops, a project aiming to unlock additional value for non-fungible tokens (NFTs), has closed a USD1 million funding round from private investors.
The round was led by Axia8 Ventures, Bitscale Capital, Blocksync, AU21, x21, D64, Genblock, and Drops Ventures. The successful round of funding builds on Drops’ network of strategic partners which include Polkastarter, Quantstamp, 0xb1, Kyros Ventures, Zokyo, Petrock Capital and Blockstar Technologies. Drops will use the raised capital for development, marketing, operational expenses, and liquidity provision.
According to the Drops team, the company has a roadmap for 2021 which includes the development tools that enhance the value of
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
