Allocations
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
Private equity firm SFW Capital Partners (SFW) has completed a majority recapitalisation of Granite River Labs (GRL), a specialist in test and certification services and automated test solutions for digital connectivity and charging technologies.
Co-founders Johnson Tan and Quintin Anderson will continue to lead the business and remain significant shareholders. Terms of the private transaction have not been disclosed.
Santa Clara, California-based GRL specialises in helping product developers implement the latest connectivity and charging interfaces – such as USB, Qi wireless charging, Ethernet, and PCI Express – in a rapidly expanding universe of connected devices and applications, including consumer
Perceptive Advisors, an investment management firm focused on the life sciences sector, has held the first and final closing of Perceptive Xontogeny Venture Fund II (PXV Fund II) with USD515 million in capital commitments.
The close of PXV Fund II more than triples the firm’s assets under management to USD725 million in less than two years since the closing of the inaugural PXV Fund I, which launched Perceptive’s early-stage venture fund strategy. PXV Fund II includes existing investors from the inaugural fund, new investors including top-tier asset managers, endowments, foundations, family offices, and notable individual investors, and all of the
Velocity Capital Advisors, a leading UK EIS/SEIS investment fund focussed on consumer technology, has launched a new growth capital product – Juice Ventures – to cater for the specific financing needs of early-stage companies primed for exponential growth through cost effective user acquisition.
Juice Ventures www.juice.ventures is born from Velocity Capital Advisors’ understanding of the UK scale- up market whereby promising start-ups require debt financing in form of significant funding for digital UA, with lending focused on the company’s marketing data, rather than its revenues. According to CEO and Founder of Velocity Capital and Juice Ventures, Raj Saxena, “Juice Ventures
By Purva Aggarwal – Warburg Pincus has invested USD110 million into a Series C round for New York-based healthcare tech company Aetion.
This round is the latest in a string of similar investments within the health tech space for Warburg Pincus. The global growth equity PE group has poured in excess of USD12 billion and USD22 billion to date into health care and technology companies respectively, including Alignment Healthcare, Experity, Intelligent Medical Objects, Modernizing Medicine, and Outset Medical.
B Capital and Foresite Capital, as well as existing supporters New Enterprise Associates (NEA) and Flare Capital Partners joined the fundraise,
Global early-stage venture capital firm Antler has closed its first Nordic fund, which was oversubscribed at USD36 million. Participants include Draper Esprit, Kistefos, the Danish state fund Vækstfonden, and the Norwegian state fund Investinor.
The Antler Nordic fund will continue to invest in innovative startups in Sweden, Norway and Denmark, with strong and complementary co-founding teams, validated business models and global potential. Antler also recently announced that its investment strategy in Denmark would focus on backing green, sustainable companies.
Oscar Westergård, Partner at Antler Nordics, explains: “We’re experiencing rapid growth. Since the start, we’ve invested in over 60 companies across
Money Alive, a regulatory technology business based in Bedford, is set for further growth following a GBP749,000 financial investment from Foresight Group (Foresight) using equity finance from the Midlands Engine Investment Fund (MEIF) as part of a GBP1 million funding round together with a number of private investors.
Founded by CEO Andy Kirby, Money Alive launched its first commercial product in 2018. Its proprietary video engagement platform is licensed to financial advisers, product providers and employee benefit consultants to provide their clients, policy holders and members with engaging, accredited and impartial information using Money Alive’s interactive video experiences. The firm
Eurazeo is to sell 49 per cent of its stake in Trader Interactive, a provider of online advertising & marketing solutions to the powersports, recreational vehicle, commercial truck & equipment industries based in Virginia (USA), to carsales an online automotive advertising platform in Australia with a growing presence in Latin America and Asia.
Internationally, carsales operates several marketplaces across both the automotive and specialty vehicle segments with leading properties such as demotores.com in Argentina and EnCar in South Korea.
Under this agreement, Trader Interactive is valued at USD1.625 billion corresponding to 26.5-times CY 2020 Adjusted EBITDA. With this operation,
The management of environmental, social and governance (ESG) issues is moving up the board agenda for private equity, however climate risk exposure requires greater scrutiny, according to a new survey released by PwC.
The Private Equity Responsible Investment Survey 2021 draws upon the views of 209 respondents from 35 countries and territories, including 198 PE houses.
It finds that, compared with 2019, there is a shift from 35 per cent to 56 per cent of respondents stating that ESG features in board meetings more than once a year.
ESG factors are now routinely evaluated by private equity firms
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
