Allocations
Funds advised by Apax (the “Apax Funds”) have reached an agreement with high-growth pet food brand Nulo to buy out its existing investor group – which includes CAVU Venture Partners and Main Post Partners. The transaction is expected to complete in early June 2021. Financial terms of the transaction have not been disclosed.
Established in 2010 and headquartered in Austin, Texas, Nulo is one of the fastest growing major pet food brands in the US pet specialty channel. The company’s diversified portfolio of products spans both dog and cat foods and formats across kibble, wet food, freeze-dried raw, treats, and
London-based private equity advisory firm ADM Capital Europe’ Cibus Enterprise Fund (Cibus) has invested in the personalised health and wellness company Rem3dy Health Limited, (Remedy Health).
Apex Group has launched an Outsourced Special Purpose Acquisition Company (SPAC) Chief Operating Officer Solution via subsidiary Throgmorton US.
Daniel Strauss, CEO of GlassBridge Enterprises, a holding company focused on asset management opportunities, will be joining Apex in an advisory capacity to help guide and deliver the Outsourced SPAC COO Solution.
Apex and subsidiary Throgmorton understands the complexity of compliance and regulatory considerations around SPAC vehicles. These considerations now requiring even more dedicated oversight and coordination, following the accounting guidance issued by US Securities and Exchange Commission last month. The Outsourced SPAC COO Solution, part of Apex’s single-source offering, provides
Sustainable waste water treatments solutions provider LAT Water Ltd has raised GBP4.7 million in a funding round led by IW Capital.
To support ambitious early-stage entrepreneurs developing technologies with the potential to shape the future economy, SFC Capital, the UK’s leading SEIS investor and most active seed-stage investor, has invested GBP25 million in 120 companies (April 2020 — April 2021).
In Q1 of 2021, SFC Capital raised its largest SEIS fund to date, with GBP5 million deployed in 40 companies in just two months. The funds have been raised from private investors (SEIS and EIS funds), family offices, the SFC Angel Network and a GBP10 million commitment from the British Business Bank in April 2020 as part of its Regional Angels Programme.
Embassy Group, one of India’s largest real estate conglomerates, has joined proptech investor, Pi Labs, as a limited partner (LP) in its current Fund 3.
The investment will support Embassy Group’s commitment to the transformation of the real estate sector through innovative technology, drawing on synergies from Pi Labs proptech ecosystem.
By participating in Pi Labs Fund 3 as an LP, Embassy Group is positioning itself to take the industry forward in technology adoption. Pi Labs is Europe’s most active proptech VC, with over 55 investments in its portfolio. The strategic investment by Embassy Group will form a gateway
Emmes, a global, full-service Clinical Research Organisation (CRO) dedicated to supporting the advancement of public health and biopharmaceutical innovation and a portfolio company of Behrman Capital, has acquired Orphan Reach, a CRO specialised in clinical research related to rare diseases.
Financial terms of the transaction have not been disclosed.
This marks Emmes’ second acquisition since Behrman’s investment in 2019 and builds on its recent acquisition of Neox SRO (Neox) in December 2020. Founded nearly 20 years ago, Orphan Reach has its headquarters in the United Kingdom and offices in Ireland, Germany, India, Canada, and the United States. The acquisition expands
BV Investment Partners (BV), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, has made a majority investment in Resource Innovations, a provider of demand-side management, energy efficiency, and energy consulting services.
Concurrent with BV’s investment, Resource Innovations is combining with energy software and consulting firm Nexant, Inc, to provide energy and software solutions for utilities and commercial, industrial, and residential energy consumers.
Headquartered in the San Francisco Bay Area, CA, Resource Innovations’ services to utilities in the US include portfolio administration, program implementation, public sector outreach, planning & design services
Praetura Group, the Manchester-based debt and equity capital provider to northern SMEs, provided more than GBP75 million of funding to SMEs in the first quarter of 2021, with demand continuing to rise.
The lending division of the Praetura Group, which comprises Praetura Commercial Finance and the Praetura Asset Finance Group, has seen its highest quarterly lending levels since it was founded in 2011.
Praetura Commercial Finance, which provides asset-based lending (ABL) solutions to SMEs, has enjoyed its best quarter to date, having completed transactions totalling GBP50.5 million in Q1 2021. All of these deals were management buyouts (MBOs) and
Omnio, a Banking-as-a-Service specialist, has closed a EUR30 million funding round led by pan-European venture fund GrayBella Capital.
Omniom a high-growth pre-IPO banking infrastructure leader based in London, will pursue its organic Pan-European growth strategy including selected acquisitions in its core markets.
Omnio offers a white-label, highly scalable service and is the secret ingredient that transforms retail banking. Omnio empowers smaller financial institutions, including credit unions and building societies to compete vigorously with their larger, tech-enabled rivals, and large brand driven corporations (non-banks) to deliver state-of-the art financial and loyalty products as part of their digital ecosystem. This is disrupting
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