Managers
Maven Capital Partners (Maven) has led a GBP2.1 million investment in FodaBox (formerly BoroughBox), a provider of logistical services to over 1,400 independent food and drink brands.
The investment comprises GBP1.5 million from Maven’s VCTs alongside GBP600,000 from angel investors. This will enable the business to expand its operations, open a third warehouse, develop its software and analytical tools further, and launch its own private-label products.
London- and Welwyn Garden City-based FodaBox provides consolidated digital and physical infrastructure that offers independent food and drink producers a single partner for retail, wholesale distribution, fulfilment, third-party logistics services, and export.
FodaBox’s comprehensive
Activa Capital has made an investment in the digital network of real estate agents BSK Immobilier. On the occasion of this transaction, Activa Capital takes a minority stake alongside Lionel Pelletier, majority shareholder and President of BSK Immobilier.
Africa Capitalworks has made a significant equity investment in Dorman Long Engineering (DLE), an international engineering company operating across the oil and gas, telecoms and energy industries, offering high-value engineering services, fabrication, asset management and galvanising services.
A team from Akin Gump advised Africa Capitalworks on the transaction.
The investment will allow DLE, an indigenous and market-leading company headquartered in Lagos, Nigeria, to develop its existing fabrication yards and service offerings as well as support its expansion throughout Africa. DLE has successfully executed major engineering services works, including onshore flow stations and major structural fabrication and erection, amongst others, for
Puma Private Equity, the private equity division of Puma Investments, has completed a GBP3.2 million investment into Everpress as part of a GBP4 million round alongside existing investors.
IPACKCHEM Group (IPACKCHEM) is to acquire Mullackal Polymers Private Limited (Mullackal), a crop protection packaging provider in India.
Founded in 1987 by JP Morvan, IPACKCHEM is a leading global supplier of innovative and specialised barrier packaging solutions serving the crop protection and specialty chemicals end markets. IPACKCHEM’s leading market positions are further underscored by its strong sustainability orientation and 100 per cent recyclable plastic barrier packaging. It currently has facilities across Europe, the UK, Russia, China, Brazil and South Africa.
With three facilities in Western India, Mullackal is a manufacturer of premium HDPE and barrier plastic containers, caps and
IK Partners’ (IK) IK IX Fund is to acquire Truesec Group AB (Truesec) from Sobro, alongside management and employees who will be reinvesting. Financial terms of the transaction have not been disclosed.
Founded in 2005 by Marcus Murray and headquartered in Stockholm, Sweden, Truesec is the leading independent cybersecurity service provider in Sweden. Its purpose is to prevent and reduce impact from cyberattacks, making a true difference to today’s connected society. This purpose, coupled with its strong culture and diverse opportunities, ensures that Truesec successfully attracts the best talent in the cybersecurity industry. At present, the Group employs approximately 180
Fyllo, a specialist in compliance-first SaaS solutions for highly regulated industries, has closed a USD40 million Series C round led by Eminence Capital.
New venture firms that participated in the round include Longview Capital Advisors and ArrowMark Partners.
Fyllo is developing compliance, data and marketing solutions to enable companies in highly regulated sectors like cannabis to scale effectively. Today, companies across the cannabis supply chain rely on Fyllo’s compliance-first solutions to navigate the industry’s ever-changing regulatory environment. For both cannabis and mainstream brands, Fyllo’s Data Marketplace provides unparalleled access to cannabis and CBD audiences, a lucrative and rapidly growing consumer
Cortec Group-backed Groundworks has acquired BQ Basements & Concrete (BQ). BQ is the seventh acquisition completed by Groundworks since Cortec Fund VII’s investment in January 2020. Terms of the transaction have not been disclosed.
This is Groundworks’ third acquisition in Pennsylvania this year, following Baker’s Waterproofing in Pittsburgh and I’m the Guy Basements (now Baker’s Waterproofing) in central Pennsylvania.
Founded in 1997 and headquartered in Erdenheim, PA, BQ has more than 95 employees and serves the single-family residential market with a suite of services including basement waterproofing, foundation repair, concrete repair and other related services.
Virginia Beach, Virginia-based
Fluitron, an industrial gas compression manufacturer, has acquired Bethlehem Hydrogen (BHI), a manufacturer of integrated hydrogen compression, dispensing, and storage systems.
Ara Partners (Ara), a private equity firm focused on industrial decarbonisation, sponsored Fluitron’s acquisition. Terms of the transaction have not been disclosed.
Founded in 2009, BHI maintains its headquarters in Northampton, PA and has an engineering office in Kochi, India. BHI manufactures its systems in both the United States and India and sells to customers globally. BHI’s President, Tom Joseph, will serve as Vice President of Business Development at Fluitron.
Fluitron’s acquisition of BHI marks the
BGF has added two new high-profile names to its clean growth advisory board, which was set up earlier this year to accelerate investments in companies engaged in carbon reduction and the energy transition.
The advisory board is chaired by Julia King (Baroness Brown of Cambridge).
The new additions are: Juliet Davenport OBE, the founder of Good Energy, and Laura Sandys CBE, a senior policy and business advisor specialising in the energy, food and sustainability sectors.
They will provide guidance on sector trends, market opportunities and government policy to support BGF in its clean growth investment and portfolio activities.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
