Managers
Mid-market private equity investor LDC has backed the management buyout (MBO) of Texecom, the UK’s leading manufacturer of electronic security products and services, from FTSE 100-listed technology group Halma plc.
Texecom manufactures and supplies intruder detection and mass notification solutions to the global commercial, industrial and high-end residential markets protecting millions of properties around the world. It also uses digital and cloud-based technology to provide integrated security and building management systems.
The business turned over GBP33.4 million FYE March 2021 and employs more than 380 people across its manufacturing facilities in Haslingden and Delph, and international offices in India,
Greengage, which has plans to become the first digital asset merchant bank, has secured its first institutional investment, a commitment of GBP2.5 million from Gibraltar-based portfolio firm, IOVlabs.
This latest investment will support Greengage’s ongoing expansion, technology developments and team growth, including the hire of a new CFO, Head of Operations, Head of Compliance and Money Laundering Reporting Officer.
As a long-standing investor and builder in digital finance, IOVlabs is an ideal partner for fellow Gibraltar-based firm Greengage. IOVlabs’ vision of creating socially responsible and inclusive financial technology tools chimes closely with Greengage’s own mission, including its goal to
Condeco Software (Condeco), a specialist in workspace scheduling technology, has secured strategic growth investment from Thoma Bravo and JMI Equity.
The investment is expected to accelerate Condeco’s growth globally and drive increased innovation within Condeco’s workplace scheduling technology platform. Paul Statham along with other members of Condeco’s management team will remain significant shareholders.
Founded by CEO Paul Statham in 2005, Condeco serves over 2,000 companies, providing technology to improve employee experiences and manage workspaces, allowing companies to quickly adapt to the ever-changing office environment. Headquartered in London with offices around the world, Condeco combines its world-leading technology with its team’s
Keensight Capital, a private equity manager dedicated to pan-European Growth Buyout investments, has entered into an agreement to sell its stake in Demetra Holding (Demetra) to Astorg.
Created in 2016 by Keensight Capital and Tecres management, following the combination of Italy-based Tecres and Germany-based AAP Biomaterials, Demetra develops, manufactures, and distributes products used in orthopaedic implant surgeries and spine interventions.
More specifically, the company is one of the leading suppliers of bone cement, a product used for the fixation of orthopaedic implants and for the filling of vertebral compression fractures. Demetra has also pioneered the preformed spacer technology: these
Raiven Capital, a Canada-US, early-stage venture fund, has invested in AI-driven platform Scopio, which allows artists from everywhere to sell their images – photography, art, illustrations – anywhere. Currently, artists from 150 countries are represented on the site.
Vistra has launch its Special Purpose Acquisition Companies (SPAC) service, which aims to provide a tailored proposition built around the key phases of a SPAC to address each stage of growth – beginning with an IPO through to de-SPACing and business growth.
Leveraging Vistra’s extensive expertise across multiple jurisdictions, sectors, and intermediary relationships, Vistra supports a wide range of SPAC scenarios. Vistra also provides leading entity expertise with over 200,000 entities under management, including Special Purpose Vehicles (SPVs).
“As we experience accelerated change across the business landscape globally, SPACs have picked up pace and continue to develop as an
UK law firm Shoosmiths has advised Kortext, a Bournemouth-based university-focussed digital teaching and learning platform, in securing a GBP15 million series B investment from DMG Ventures, the venture capital arm of Daily Mail and General Trust plc, that has previously backed companies including Cazoo and Zoopla.
Kortext has been a Shoosmiths client since its founding by James Gray in 2013. The firm has acted for Kortext in all its prior funding rounds, raising GBP19 million since it began trading. DMG Ventures led the company’s series A round in 2019 and was the sole participant in this latest round.
The transaction
UK law firm Shoosmiths has advised Equitix, a European infrastructure investor, on its GBP75 million investment into Grain Connect Limited (a multi-brand ISP and fibre broadband operator) based in the north-west of England.
Grain Connect is a leading provider of fibre-optic internet access services largely to new-builds as well as existing homes, working with developers in well over 100 locations across the UK. Grain has already begun to roll out full fibre hyper-fast broadband services to a number of towns and cities across the North of England. The investment from Equitix alongside Albion Capital, its existing institutional backer, will create over
International web hosting business, Miss Group has acquired Spanish-based ADW Europe SL as part of its ambitious buy and build strategy.
The acquisition of ADW Europe SL is the fourth to be completed by Miss Group this year to date and adds a further 1,400 international SME customers to the Group. It’s the first Spanish bolt-on to Profesional Hosting, which was acquired by Miss Group in 2019. The combination of the two businesses is expected to accelerate revenue and EBITDA growth for the Group in the Spanish market.
In February 2020 Perwyn, the family-backed private equity business, acquired a
An affiliate of KSL Capital Partners (KSL), an investor in travel and leisure businesses, has launched Mission Hill Hospitality, a portfolio company created to acquire select service and extended stay hotels. To date, Mission Hill Hospitality has acquired 12 hotels.
KSL historically has focused on full-service hotels, particularly in leisure destinations generally supported by a mass affluent consumer. Mission Hill Hospitality represents an opportunity to invest in select service and extended stay hotels, which, according to CoStar data, is the fastest growing segment of the hospitality industry, accounting for approximately one-third of all the transaction volume in hotels in the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
