Allocations
Private equity firm Foresight Group has sold the UK’s largest independent online retailer of golf equipment, Clubhouse Golf, to European ecommerce business, all4golf.Clubhouse has found a strong strategic partner in all4golf, and together they will look to become the pan-European market leader for golf equipment.
This represents the first exit for the GBP58 million Foresight Regional Investment fund, which supports small businesses in the North West of England and North Wales and which, since launch in 2016, has invested in 15 companies to date.
Since the fund made its original investment in February 2017, Clubhouse has more than doubled its
Private equity firm Sorfam Capital has acquired an American boatbuilding company, Century Boats, for an undisclosed amount. Sorfam purchased Century Boats’ parent company, All Craft Marine, and will continue operations at its headquarters in Zephyrhills, located just north of Tampa. Sorfam and All Craft Marine were both represented by Anchors Aweigh Capital, a boutique investment banking and consulting firm focused exclusively on the maritime industry.
Century Boats will now be led by president and CEO, Lloyd R ‘Skip’ Sorenson, who is also Sorfam’s managing partner and a fourth-generation shipbuilder who has been involved in a multitude of merger and acquisition transactions
Regionall focussed specialist asset manager Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused specialist asset manager, is pleased to announce that the British Business Bank (BBB) has allocated an additional GBP54.3 million to regionally focused specialist asset manager Mercia’s two existing investment mandates from the Northern Powerhouse Investment Fund (NPIF).This takes Mercia’s total mandates from BBB to GBP186.3million and the Group’s total assets under management (AUM) to cGBP800million.
Mercia was first awarded investment mandates from NPIF in February 2017 across two funds; the GBP57.5million NPIF YHTV Equity fund and the GBP51.0million NPIF Y&H Debt fund. Since then, Mercia
The Global Health Investment Fund’s (GHIF) portfolio company Atomo Diagnostics Limited (AT1) has commenced trading on the Australian Securities Exchange (ASX) following an oversubscribed initial public offering (IPO). The Australian rapid blood test company intends to use the net proceeds from the IPO to support the planned expansion of its production capacity as the company prepares to utilise its rapid test devices to help detect Covid-19 and expand its commercial efforts for HIV and pregnancy self testing. Atomo has already entered into a binding COVID-19 supply agreement with NG Biotech, including two initial orders totalling nearly 950,000 devices, and is in
A UK company, which is developing the next generation of spinal implants, has raised GBP830,000 in a funding round led by asset manager Mercia, to launch trials of its product in the US. Axis Spine has spent three years developing its technology, which could improve the success of spinal surgery and help people in chronic pain. It expects to secure clearance from the US Food and Drug Administration (FDA) next month.
The latest funding, which comes from Mercia’s enterprise investment scheme (EIS) funds and two private investors, and has been completed in the midst of the lockdown, will allow it to
Sofinnova Partners, a European life sciences venture capital firm based in Paris, London and Milan, has made an investment in Genespire, a Milan-based gene-therapy company developing best-in-class therapies for patients affected by genetic diseases. This is the third investment for the Sofinnova Telethon Fund, bringing the total financing of Italian startups by Sofinnova Partners to EUR25 million over the past six months. The Sofinnova Telethon Fund is the largest fund in Italy dedicated to biotechnologies, making early-stage investments in Italian companies targeting cures for rare and genetic diseases.
Genespire was spearheaded by the renowned gene therapy pioneer Professor Luigi Naldini. This
YFM Equity Partners-advised funds have sold their shareholding in GroupBC to Bentley Systems Incorporated, a global provider of software and digital twins services for advancing the design, construction, and operations of infrastructure, generating a return well in excess of three-tims its original investment.GroupBC is a leading provider of enterprise-scale information management systems for construction-related projects and asset owners. Its UK-hosted Common Data Environment makes it easy for teams to collaborate, manage and share documents and data from a central, secure cloud-based platform.
YFM has been supporting the transformational growth of UK SMEs since 1982. GroupBC was backed by British Smaller
ZEDRA Fund Services has won a new mandate to provide comprehensive fund administration and corporate governance services to IG4 Capital’s latest USD231.5 million blind-pool Private Equity II Fund, which will focus on special opportunities in Latin America. Ryan Taylor, director of ZEDRA Fund Services, explains: “We have proven and significant experience in the small and mid-tier alternative funds administration sector, where we can bring our particular skills and experience to bear for the benefit of our clients. As well as all the traditional threshold services expected, this would include benefiting from our experience in value-added areas such as fund governance, meeting
Holland Capital has sold its portfolio company Inno4Life, a manufacturer of machines for the pharmaceutical industry, to Dec Group, a Swiss powder handling and process containment equipment provider.
Inno4Life’s management will remain actively involved in the company after its acquisition, which will continue to operate under its own name following the deal.
Inno4Life is a manufacturer of complex filling and packaging machines for the pharmaceutical industry. The company delivers tailor-made solutions to its customers, which include large pharmaceutical companies.
Inno4Life searched for a strong partner to team up with in order to enable further international growth, and found this partner
When it comes to investing in Latin America’s private markets, Brazil leads the way, accounting for 58 per cent of all Private Equity and Venture Capital investment in 2019, according to the Association for Private Capital Investment in Latin America (LAVCA).
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
