Allocations
PROfounders Capital, an early stage venture capital investor, has welcomed the successful pricing of online furniture retailer Made.com ahead of its IPO on the London Stock Exchange, which will deliver a 25x return for PROfounders’ investors.
PROfounders’ investment in Made.com will also deliver another fund returner for investors, with proceeds exceeding the size of the firm’s first fund.
PROfounders first invested in Made.com in 2010, attracted by its D2C, tech-enabled business model that shortens and simplifies furniture supply chains, leading to better designs, higher quality and lower prices for customers. Since the launch of Made.com, the London-based business has expanded
Princeton Equity Group, a Princeton, NJ and Dallas, TX-based private equity firm focused on control investments in franchisor and multi-unit companies, has held the final closing of its inaugural fund, Princeton Equity Partners I, with more than USD350 million in total commitments, surpassing its initial USD250 million target.
The fund exceeded its hard cap and was oversubscribed. Investors include US and non-US-based endowments, foundations, insurance companies, public pensions, fund-of-funds, asset managers, and family offices.
Princeton is led by Jim Waskovich and Doug Kennealey and seeks partnerships with the founders and management teams of high-growth, market-defining franchisors and multi-unit businesses
European private equity firm PAI Partners (PAI) is in final negotiations for the acquisition of SGD Pharma, a leading global manufacturer of primary glass packaging for the pharmaceutical industry, by China Jianyin Investment Ltd (JIC).
NorthEdge has sold a majority stake in Orbis Protect (Orbis), a leading provider of critical security services to the UK vacant property sector, to growth investor Synova.
The deal delivers a strong return for the lower mid-market private equity specialist and includes a material reinvestment into Orbis from NorthEdge’s Fund II alongside Synova.
NorthEdge invested in Orbis in August 2018. During the partnership, Orbis has grown revenues at a CAGR of 17 per cent, added to its technology capabilities through the acquisition of Optosafe, a 360-degree CCTV tower provider, and increased employee engagement. Orbis also ranked eighth in the
Edge Investments (Edge) has invested GBP1.7 million in OTHERWORLD, a UK out-of-home Virtual Reality (VR) experience.
Edge is leading the GBP2.9 million Series A funding round alongside a follow-on investment from Imbiba, a specialist investor in leisure and lifestyle brands, and participation from games industry veterans Chris Lee and Rupert Loman.
OTHERWORLD offers immersive virtual reality experiences across entertainment, arts, education and wellness. OTHERWORLD guests enter their own ‘immersion pod’, which integrates premium VR hardware with dynamic heat, wind and rumble effects. Each pod is connected to the same place: a virtual island paradise where friends and family can explore
Booste, the fintech offering revenue-based financing (RBF) to e-commerce companies, is today announcing it has raised EUR12 million in Series A funding to expand its model across Europe including in the UK, Ireland and Netherlands.
The news comes just four months after the company has announced its launch and the initial seed round in January 2021.
Booste provides flexible financing to companies, with a particular focus on e-commerce businesses, to help them fund growth activities using RBF. Instead of a traditional bank loan which requires credit checks and personal guarantees or venture capital which leads to equity loss, RBF allows
Berkeley Energy, a leader in the development and operation of clean energy projects across emerging markets, has secured EUR130 million for a first close of the Africa Renewable Energy Fund II (AREF II).
AREF II’s investor base includes seven development finance institutions including CDP, CDC, FMO, Proparco, Swedfund, Sustainable Energy Fund for Africa (SEFA, managed by the African Development Bank) and the Clean Technology Fund (CTF, part of the Climate Investment Funds).
Benefiting from a substantial proprietary pipeline and an experienced team, AREF II has a final target fund size of EUR300 million, and will primarily target run-of-river hydro,
Funds advised by Apax (the Apax Funds) today announced are to acquire CyberGrants, a provider of Software-as-a-Service (SaaS) solutions for corporate social responsibility (CSR), employee engagement, and volunteer management, from Waud Capital Partners.
Financial terms for the transaction, which is expected to close in Q3 2021, have not been disclosed.
CyberGrants delivers market-leading CSR software solutions to some of the most respected companies and foundations in the world, helping them quickly activate their charitable causes to realize strategic, measurable outcomes. Its single platform solution enables customers, including more than half of the Fortune 100 companies, to easily scale their
Addepar, a technology platform for wealth management, has raised USD150 million from D1 Capital Partners at a pre-money valuation of USD2 billion as part of its Series F financing.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
The average value of a UK growth stage company reached GBP100m in 2020
The average value of a UK growth stage company reached GBP100m in 2020