Allocations
Inflexion Private Equity has agreed to acquire Aspen Pumps, a manufacturer of specialist pumps, from 3i Group plc. The investment is being made by Inflexion Buyout Fund V, Inflexion’s dedicated mid‐market buyout fund. This will be Inflexion’s second period of ownership of Aspen, following a highly successful partnership between 2007 and 2015, during which EBITDA tripled.
Aspen is the global leader in the design, manufacture and distribution of mini pumps that remove condensate water from air conditioning and refrigeration systems. The group also sells a range of ancillary products for air conditioning installers and engineers. The company has offices and warehousing
Europe is the only region worldwide to have recorded positive M&A performance in 2019, with European dealmakers marginally outperforming their regional index by +0.6pp (percentage points) over the last 12 months, according to the latest results from Willis Towers Watson’s Quarterly Deal Performance Monitor (QDPM), run in partnership with Cass Business School.
Birmingham-based Zipabout Limited has secured a GBP650,000 investment from the Midlands Engine Investment Fund (MEIF) Equity Finance Fund, managed by venture capital firm Midven. The MEIF investment closed a GBP1.35 million funding round, which involved participation from First Derivatives and Founders Factory.Zipabout works closely with transport operators to improve the experience of transport for all through its unique multi-source, big-data and communications platform. The Zipabout platform combines static, operational and behavioural data to better predict and manage the flow and capacity of transport networks.
Zipabout founders, Alex Froom and Daniel Chick, have an extensive track record in the sector, having worked successfully with large transport companies
GCP is delighted to announce that it has supported Indigo’s acquisition of Foursite Design Consultants Limited (4site).
Lovell Minnick Partners, a private equity firm focused on investments in the global financial services industry, has completed a significant growth investment in Fortis Payment Systems (Fortis), a payments technology and merchant services provider.
Financial terms of the private transaction have not been disclosed.
Headquartered in Novi, Michigan, Fortis provides payment technology and processing capabilities to developers and businesses throughout North America. The Company’s proprietary payments platform, Zeamster, creates integrated commerce experiences for software and ERP providers as they transform the way businesses interact with their customers.
“Fortis has developed a highly configurable, powerful payments platform with industry-leading technical and security
OfficeSpace Software, a specialist in workplace management solutions, has secured a strategic equity investment from Resurgens Technology Partners, a software-focused private equity firm.
The partnership will enable OfficeSpace to increase investment in its market-leading software, accelerate key go-to-market initiatives, and further enhance its highly-regarded customer experience.
OfficeSpace is a leading SaaS-based platform for managing the workplace that gives forward-thinking companies the tools they need to engage employees, manage moves, maximise space, and keep real-estate costs low.
“The workplace management industry is in the early stages of a fundamental change, where companies need new ways to deliver an environment that
Thirteen has successfully issued a private placement to a group of high-profile UK and US institutional investors, securing a GBP100 million injection of new capital.
As the largest housing association in the North East with over 34,000 homes, Thirteen secured the funding after its leadership team impressed investors at a series of roadshows.
The GBP100 million private placement is spread over a number of tranches with 25-year to 35-year maturities and a weighted average cost of funds of 2.86 per cent.
The new funding will support the delivery of Thirteen’s development programme during the next five years, further strengthening an
British Business Investments, a commercial subsidiary of the British Business Bank, has made its second cornerstone commitment this year through its GBP500 million Managed Funds Programme.
The GBP100 million commitment is being made to the Hermes GPE Innovation Fund which is seeking to raise a target of GBP250 million. Investments are expected to be focused on later-stage opportunities in technology-enabled businesses across the UK and Europe with a productivity, people or sustainability theme.
The Managed Funds Programme seeks to draw in more institutional capital to the UK venture and growth capital markets and increase access to longer-term capital for
Barings has served as mandated lead arranger and sole provider of a senior secured credit facility to support Montagu Private Equity (Montagu) in its acquisition of Jane’s from IHS Markit.
Jane’s is a leading global provider of open source information to the aerospace, defence and security industries. Financial terms have not been disclosed.
“With its century old heritage, Jane’s is the global reference source for open-source defence related information and data,” says Joseph Buckley, Director in Barings’ Global Private Finance group. “We are delighted to support Montagu’s investment in Jane’s, further strengthening our two firms’ long-term relationship.”
Jane’s
Octopus Investments’ Development Capital team has led a GBP3.6 million funding round, alongside Calculus Capital, into FISCAL Technologies, a world leading provider of forensic solutions and services headquartered in Reading.
FISCAL Technologies’ solutions empower purchase-to-pay teams across the globe to protect their organisational spend. Its NXG Forensics® enterprise solution provides continuous protection through transactional risk analysis, supplier risk profiling, anti-fraud controls and ongoing reporting.
NXG Forensics has specifically been designed for modern procure-to-pay, accounts payable teams, identifying the areas of risk and fraud within supplier spend, utilising unique forensics technology with advanced algorithms and machine learning, and building up
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
