Allocations
BGF has exited its minority investment in NewVoiceMedia, the market-leading cloud customer contact platform, to NYSE-listed communications provider Vonage Holdings Corp for USD350 million.
BGF invested in the London-headquartered business in 2015, joining a round of funding to accelerate NewVoiceMedia’s international growth plans, which was principally focussed on the North American market.
NewVoiceMedia has since grown rapidly, with new offices in Dallas and Munich, and international bookings growth of 55 per cent in 2017, and now serving more than 700 customers across six continents. It was positioned in the Leaders’ quadrant of Gartner Inc’s Magic Quadrant for Contact Centre
Piper, a UK specialist investor in consumer brands, has exited its investment in Orlebar Brown, the luxury swim and resort-wear brand, to Chanel SA.
The terms of the transaction have not been disclosed.
Founded in 2007 by Adam Brown and former business partner Julia Simpson-Orlebar, Orlebar Brown pioneered the tailored approach to men’s beach and swim shorts and has since evolved into a full collection of resort wear that revolves around the theme of travel, holiday and sun.
Piper invested £8m into the business in August 2013 enabling Orlebar Brown to increase sales to GBP22m and develop into
Ultimus Fund Solutions is the latest firm to join the The North American Fund Administration Association (NAFAA), a representative group for the alternative investment fund administration industry.
“With the recent acquisition of Woodfield Fund Administration, Ultimus has broadened its mutual fund administration services to include alternative investment funds and we are delighted to have them partner with us in enhancing the alternative fund administration industry,” says founding director, Chris Meader.
“Our involvement with NAFAA allows us to collaborate with other administrators in the US to bring new ideas and standards that will be beneficial for our firm, our clients
After obtaining the necessary regulatory authorisations, Unigrains, the agri-food and agro-industry investor, has completed the acquisition of Mecatherm, a specialist in industrial baking equipment, from Wendel.
Olivier Sergent, President of Mecatherm, says: “We are delighted to begin this new, ambitious development phase with Unigrains. This partnership will enable us to offer more added value, services and support to our clients thanks to the strategic and financial backing of our growth projects and via synergies with the French Grain Growers Association.”
Philippe Pinta, President of Unigrains, says: “This strategic acquisition is part of our effort to gain a better understanding
Nozomi Networks, a specialist in industrial cybersecurity and operational visibility announced today it has raised USD30 million in Series C financing.
The company’s first institutional investor, Giovanni Canetta Roeder, led the efforts of Planven Investments SA, GGV Capital, Lux Capital, Energize Ventures (formerly Invenergy Future Fund) and THI Investments, bringing Nozomi Networks’ total funding to date to USD53.8 million. This latest round quickly follows a USD15 million round in January 2018. Funding will be used to fortify Nozomi Networks’ market lead by further broadening its global presence and continuing expansion of research and development. The company is solidly positioned to
Iron Bow Technologies, an IT solution provider serving government, commercial and healthcare clients, has announced an equity partnership with private equity investment firm HIG Capital.
The partnership will accelerate Iron Bow’s rapid growth in prospective markets across the public and private sectors.
With USD25 billion of equity capital under management, HIG’s investment and commitment to the business is critical to maturing the Iron Bow vision and mission. Iron Bow plans to continue its organic investment strategy and, through the HIG partnership, target strategic acquisitions that will help the company expand its existing portfolio, broaden its offerings and gain greater
Duke Royalty Limited, a provider of alternative capital solutions to a diversified range of profitable and long-established businesses in Europe and abroad, has contributed a further GBP1 million into its existing royalty partner, Lynx Equity (UK) Limited (Lynx UK).
Lynx UK will allocate Duke’s further contribution towards the acquisition of Day 2 Interiors (“Day2”) which was recently closed by Lynx and represents its fourth European acquisition.
Based on the new increased aggregate investment of GBP10 million, Duke will be entitled to higher monthly distributions from Lynx UK, beginning in October 2018, which will total GBP1.25 million per annum. The
Clearwater International UK has advised the shareholders of Pyroguard, an independent manufacturer of fire resistant glass, on its MBO backed by ESO Capital Partners (ESO).
Pyroguard manufactures and supplies high performance fire glass to architects, specifiers, contractors and construction professionals, enabling them to meet all their fire safety glazing requirements via a single source. The business has expanded from its initial target markets of the UK, Ireland and the Netherlands to supply customers in France, Germany, Scandinavia and further afield.
The company has experienced significant organic growth over the past four years, and this investment from ESO will allow
Alternative investment specialist Cerberus Capital Management has launched Cerberus Technology Solutions (Cerberus Technology), a new operating subsidiary that will lead technology transformations and modernisations across Cerberus’ global portfolio and facilitate new investments in technology, advanced analytics, and data companies.
The firm also announced that Len Laufer has joined as Senior Managing Director and will serve as Chief Executive Officer of Cerberus Technology, which will be chaired by Cerberus President Matt Zames.
Cerberus Technology will work closely with Cerberus investment and operating professionals to unlock and create value across the firm’s existing portfolio of companies. It will have broad responsibilities
SLAMcore, a UK company developing spatial artificial intelligence (AI) algorithms for robots and drones, has raised USD5 million in a funding round led by global technology investor Amadeus Capital Partners.
Existing investors Mirai Creation Fund and Toyota AI Ventures joined the round alongside newcomers MMC Ventures and Octopus Ventures.
“The robotics revolution may seem just around the corner but there is still a big gap between the videos we see on the internet and real-world robots,” says CEO, Owen Nicholson. “SLAMcore is helping robot and drone creators to bridge the gap between demos and commercially-viable systems.”
To be truly
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
