Managers
Private equity investment firm Growthdeck has closed a GBP4.3 million fundraise for the new bar group Maven Leisure, completing the investment firm’s largest single raise.
Maven Leisure is looking to open at least seven premium bars in central London supported by this funding. The fundraise has been structured as GBP2.3 million in EIS-qualifying equity and GBP2 million in mezzanine debt. It will be used to take advantage of very favourable conditions for acquiring prime landmark London sites.
Maven’s group of bars will be anchored by a landmark new rooftop site on King William Street in the City of London, featuring
FSN Capital Partners (FSN) has held the final closing of FSN Capital VI (Fund VI) at EUR1.8 billion. The fund was oversubscribed and closed above its original hard cap.
With the new fund, FSN has grown significantly since FSN Capital V closed in 2016 at SEK9.62 billion (EUR985 million). Fund VI will continue FSN’s proven investment strategy of targeting control buyout investments of mid-sized companies operating in Northern Europe.
Fund VI builds upon FSN’s strong and supportive existing investor base whilst also attracting a substantial number of new investors from around the globe. Despite the challenging backdrop of an unprecedented
Affordable Water Heaters and Plumbing (AWHAP), a portfolio company of private equity firm Dubin Clark, has completed the acquisition of Temperature Control, Inc. Financial terms of the transaction have not been disclosed.
AWHAP, headquartered in Valencia, California, is a leading in-home provider of water heater and plumbing services, including same-day water heater replacement, repair and installation of gas and electric water heaters, installation of tankless water heaters, and ancillary water heater and plumbing services. AWHAP has established a reputation for expertise, workmanship, and honesty in the water heater installation industry that sets them apart in the market. Dubin Clark initially
BGF has exited its investment in Cennox – a provider of services to the ATM sector. The business has been acquired by US-based investment firm, York Capital.
BGF first invested GBP3 million in Cennox in June 2012 and subsequently put in three follow-on rounds into the business, taking total investment to GBP17 million.
Founded in 2006, Cennox provides integrated services and solutions to the financial services, commercial, retail, and transportation industries. Cennox is a leading independent, multi-vendor service provider to cash automation machines and self-checkout kiosks. The Company’s global operations span 1,500 employees that cover the United States, United
TA Associates, a global growth private equity firm, has made a significant minority investment in global financial services provider Apex Group Ltd (Apex).
Apex is majority-owned by Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries. The investment reinforces Apex’s strength as a leading financial services provider to investors, financial institutions and corporates.
Founded in Bermuda in 2003 by CEO Peter Hughes, Apex Group is a global financial services provider to asset managers, financial institutions, family offices and corporates. Apex has continually improved and evolved its capabilities
Panoramic Growth Equity (Panoramic), an equity investor in fast growing, entrepreneurial UK companies, has invested GBP2.5 million of growth capital into alcohol-free brewing company Big Drop Brewing.
Big Drop was launched in 2016 by entrepreneurs Rob Fink and James Kindred, two friends who wanted to create alcohol-free craft beer that didn’t compromise on taste. Big Drop’s beers have won top prizes in beer awards across the globe – including ‘World’s Best’ at the World Beer Awards – beating full-strength rivals in blind-tastings. Big Drop currently brews in Australia, Canada, USA and the UK, and is available in more than 20
LGB & Co has completed a financing package for Rivers Leasing, with funding provided by Conister Bank across a range of facilities to support the growth of the company’s lending activities along with the launch of a new block discounting product.
Rivers Leasing is an SME-focused alternative finance lender business based in London. The business was established in 2010 and provides small-ticket leases and business loans to UK SMEs operating in a variety of sectors. It has grown into an award-winning industry player and in 2020 was recognised by the Financial Times for the fourth year running as one of
Maven Capital Partners (Maven), one of the UK’s most active investors in growth businesses, has invested GBP2 million in London-based Guru Systems (Guru).
Guru is a trusted supplier of B2B IoT hardware, software, and analytics solutions to energy companies, house builders, developers and housing associations looking to reduce their carbon footprint and operating costs, meet their regulatory obligations, and deliver the most efficient and cost-effective service to their own customers.
This is Maven’s sixth VCT-funded transaction of 2021 and will support Guru’s investment in sales and marketing resource, as well as the development and roll-out of new software and hardware
Clearlake Capital Group is to acquire Confluence Technologies (Confluence), a global software and data solutions provider helping the investment management industry solve complex data challenges, from TA Associates (TA).
Upon closing of the transaction, Clearlake will become the majority shareholder while TA will retain a minority equity stake. Mark Evans, CEO of Confluence, will continue to lead the Company supported by the existing management team.
Confluence works with the world’s leading asset managers and service providers to automate business processes across the front, middle and back office. The Company’s investments in the latest technology and expertise allow it
SGSS in Italy has been selected by Clessidra Private Equity SGR, a leading company in the Italian private equity fund management market, to provide depositary bank services for the new reserved closed-end alternative investment fund called Clessidra Capital Partners 4.
“We are very pleased to have started the collaboration with Clessidra SGR and to accompany the company in its strategic role of supporting the excellence of the Italian mid-market and, we are sure, its future growth. The assignment given to us for the Clessidra Capital Partners 4 fund confirms SGSS S.p.A.’s attention and commitment to the alternative funds segment, which
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
