Allocations
Elvie, a global health and lifestyle brand developing products for women, has raised GBP58 million (USD80 million) in a Series C funding round.
The round was led by BGF, with further investment from funds and accounts managed by BlackRock Private Equity Partners (BlackRock) and a consortium including Hiro Capital and Westerly Winds, plus existing investors Octopus Ventures and IPGL.
Founded in 2013 by CEO Tania Boler, Elvie brings together a team of world-class engineers, designers and business minds to develop extraordinary products that improve women’s lives – revolutionising categories which had been overlooked for many years, including breast pumps
Maven Capital Partners (Maven), the debt fund manager for the Midlands Engine Investment Fund (MEIF), has been approved by the British Business Bank as a new accredited lender to provide loans through the Government’s Recovery Loan Scheme (RLS).
The Recovery Loan Scheme (RLS) supports access to finance for UK businesses as they recover and grow following the Covid-19 pandemic and will run until the end of the year (31 December 2021).
The scheme aims to help businesses affected by Covid-19 and can be used for business purposes, including managing cashflow, investment and growth. Businesses who have taken out a CBILS,
Vestwell, a specialist in workplace savings and investing programmes, has raised USD70 million in Series C financing.
Wells Fargo Strategic Capital and Fin Venture Capital co-led the round, along with a host of other financial services and fintech leaders including Goldman Sachs, Morgan Stanley, Manulife, Point72, Nationwide Ventures, Allianz Life Ventures, Northwestern Mutual, FinTech Collective, Greenspring Associates, Primary Venture Partners, Teamworthy Ventures, F-Prime Capital, Industry Ventures, and Commerce Ventures.
Vestwell provides the underlying infrastructure for workplace savings and investing programs, such as 401(k) and 403(b) retirement plans. The firm’s API-based technology is designed to support a diverse ecosystem of
Software investment firm Thoma Bravo is to acquire customer and employee experience specialist Medallia in a USD6.4 billion all-cash transaction.
Medallia will become a private company with additional resources and greater flexibility to build on its innovation leadership and expand its customer impact. Additionally, the transaction will allow Medallia to benefit from the operating capabilities, capital support and deep sector expertise of Thoma Bravo – one of the most experienced and successful software investors in the world.
Under the terms of the agreement, Medallia shareholders will receive USD34.00 per share in cash, which represents a premium of approximately 20 per
Foresight Group (Foresight), an infrastructure and regional private equity investment manager listed on the London Stock Exchange, has sold Poppy & Jacks Limited (Poppy & Jacks), a children’s nursery chain in North West England.
Poppy & Jacks was sold to Kids Planet Day Nurseries Limited (Kids Planet), a national nursery chain, backed by BGF. Kids Planet will be an excellent partner, supporting the Company’s development and the continued provision of an outstanding home from home environment across all nurseries.
Since its original investment in March 2016, Foresight has taken a proactive approach to supporting the senior management team, introducing Chairperson
Private equity firm TA Associates has completed a majority growth investment in Elos Medtech AB (NASDAQ STOCKHOLM: ELOS B), an innovative full-service contract development and manufacturing organisation (CDMO) in the global medical device market.
Founded in 1923, Elos Medtech is headquartered in Gothenburg, Sweden with operations being conducted at facilities in Sweden, Denmark, China and the US. As a global solutions partner offering complete performance and vertical integration to leading medical device companies worldwide, Elos Medtech serves the dental, orthopaedic and life science markets. In long-term partnership with their customers, Elos Medtech provides sustainable and innovative products and supply solutions
Squire Patton Boggs has acted for heat pump specialist Rendesco on its agreement with Last Mile Infrastructure (Last Mile), one of the UK’s largest Independent Network Owners, to form a ground source and water source heat pump infrastructure joint venture, Last Mile Heat Networks (LMHN).
Together they will provide housebuilders across the UK with a sustainable and cleaner energy option for heating properties. LMHN will own and manage the infrastructure, which will be designed and built by Rendesco.
The team advising Rendesco was led by Corporate partner Ben Squires and included senior associate Joshua Crawley, together with Construction partner
Apex Group Ltd (Apex) has supported long-standing client Integral Group (Integral), a Tokyo-based private equity group, in the successful raising of Integral Fund IV, which has held its final closing at its hard cap of JPY123.8 billion.
Apex has been appointed to provide fund administration and regulatory services to Integral’s Fund IV Cayman LP, further strengthening the Group’s long-standing relationship with Integral that dates back to 2014.
The Group’s fund administration services ensure the delivery of timely, accurate and independent portfolio accounting, fund and investor reporting underpinned by a range of ‘best in class’ technologies. Integral’s partnership with Apex provides
Peppy, a B2B digital health platform, has raised GBP6.6 million (USD10 million) in a Series A funding round.
Peppy provides tailored, expert-led support to individuals before they need to see a doctor, bridging the gap between online searches and hard-to-access clinical care. The investment was led by Felix Capital with previous investors including Outward VC, Seedcamp, and Hambro Perks, also participating.
Peppy was founded in London in 2018 by co-founders Evan Harris, Max Landry, and Mridula Pore, with a mission to plug some of the biggest gaps in healthcare that occur during major life and family transitions – menopause, fertility,
North Haven Capital (NHC), a private investment firm based in Portland, Maine has acquired New England-based Interstate Fire Protection (IFP).
NHC teamed up with BankProv, a future-ready commercial bank that offers adaptive and technology-first banking solutions to emerging markets.
Interstate Fire Protection is a leading provider of fire protection services and systems that are protecting hundreds of businesses across New England. The company also undertakes the design and sale of systems protecting manufacturing assets outside of the region on a national level. North Haven Capital identified IFP as a rapidly growing, regional leader that is ready for a transition in
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
