Managers
London-based fintech LemonEdge (formerly LemonTree Software), has secured funding of USD2.5 million in a heavily oversubscribed fundraising round led by Sidekick Partners, a venture firm with deep ties to the North American private equity industry. Sidekick Partners is joined in this round by investors Tikhon Bernstam, founder of Parse and Scribd, and Lauren Iaslovits, founder of Investran and a pioneer of private capital market technologies.
LemonEdge enables firms in the private equity and financial services industries to digitise complex accounting, many of whom still run on old, ‘insecure’ legacy systems or spreadsheets. The Global Financial Services Application Software Market
Mid-market investor Palatine Private Equity has acquired a majority stake in FourNet, the award-winning digital transformation and customer experience specialists with clients including 10 Downing Street, the Cabinet Office, HM Treasury and the Bank of England.
Headquartered in Manchester, and with offices in London and Burton-on-Trent, FourNet has annual revenues of GBP38 million and employs more than 100 people. The company has around 200 customers, with a significant number in the public sector.
Reflecting its strong three-year growth rate of nearly 55 per cent, FourNet featured in the Sunday Times Tech Track 100 for 2020, the index of
YFM Equity Partners (YFM) has sold its stake in FourNet, an award-winning digital transformation and customer experience specialists whose clients include 10 Downing Street, the Cabinet Office, HM Treasury and the Bank of England. The secondary buyout deal backed by Palatine Private Equity generates a sixfold return for YFM’s investors in less than four years.
FourNet was founded in 2005 by CEO Richard Pennington, operations director Frank Jennings, chief technology officer Mike Jervis and sales director Steve Tyrrell. YFM invested in September 2017, to back the four founders and help them continue the strong growth of the business. In addition
Legal & General Group-backed European private debt manager Pemberton, has provided facilities to support the acquisition of Infinigate, a European Value-Added Distributor of cybersecurity software, by private equity firm Bridgepoint.
Infinigate acts as a sales multiplicator between cybersecurity software vendors and resellers, giving vendors market access to more than 10,000 hard-to-reach SME resellers, and providing resellers with a curated portfolio of solutions together with value-added services, such as pre-sales and post-sales technical support. As the further expansion of Infinigate’s footprint across and eventually also beyond Europe is a core element of Bridgepoint’s investment strategy, Pemberton’s financing package includes a sizeable
Arrowpoint Advisory’s Business Services and Debt Advisory teams have advised Queen’s Park Equity (QPE) on the acquisition of Sagacity Solutions (Sagacity), a provider of tech-enabled customer data management solutions.
Founded in 2005, Sagacity offers three core solutions within the lifecycle of its clients’ customers: reducing bad debt, improving revenue & margin and optimising customer value. Sagacity generates impressive ROI for some of the largest utility, telecoms and financial services corporates across territories all over the world.
Anita Dougall, CEO of Sagacity, says: “Organisations are sitting on valuable data and we work in collaboration with them to unlock the potential.
NPIF – Maven Equity Finance, managed by Maven Capital Partners (Maven) and part of the Northern Powerhouse Investment Fund (NPIF) has invested GBP750,000 in Blueberry Therapeutics Limited (Blueberry), a drug discovery and development company focused on developing innovative nanomedicines for difficult to treat skin and nail infections.
The funding will support the business as it embarks on the next set of clinical trials for a new topical antifungal spray for the treatment of onychomycosis using its unique nanodelivery platform technology, as well as progressing other product development lines.
Based at Alderley Park, Macclesfield, Blueberry focuses on developing innovative
Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries, has acquired 2020 Technologies Inc (2020) from Golden Gate Capital, a private equity firm. Financial terms of the transaction have not been disclosed.
2020 is a global provider of specialised computer-aided design (CAD), configure, price, quote (CPQ) and enterprise solutions dedicated to interior design, space planning and furniture manufacturing. 2020’s mission-critical applications provide end-to-end solutions designed to optimize efficiency and improve productivity for the Company’s vast global network of customers, which includes more than 50,000 independent kitchen and bath
Alex Barr and James Witter have launched Bread Street Capital Partners Ltd (Bread Street), a new investment management business specialising in broadening investor access to global private markets including private equity, infrastructure, private debt and real assets. Between them, Witter and Barr have over 60 years of investment and capital markets experience and have managed or overseen GBP60 billion of private markets assets.
Bread Street will launch private markets portfolios that deliver responsible thematic, financing stage or manager exposures, and focus initially on developing a series of innovative stock-exchange listed private markets funds. Bread Street will also provide complete private
Ace Capital Partners, a private equity firm specialised in strategic industries and technologies and subsidiary of Tikehau Capital, announces today the launch of Ace Aerofondo IV FCR, with SEPI, Airbus, Indra and Tikehau Capital as investors. This new private equity fund will invest in lower and upper midmarket companies active in the Spanish aerospace and defence sector.
Ace Capital Partners will act as manager of the fund, which will invest in both Support Capital (niche players with the ability to grow organically) and Platform Capital (consolidation platforms to become leaders in their markets through external growth) strategies. Ace is currently
KPS Capital Partners (KPS) has signed a definitive agreement to acquire Siderforgerossi Group, SpA (Siderforgerossi), a global manufacturer of large diameter forged products.
Upon completion of the transaction, Siderforgerossi will become the fifth acquisition completed by KPS Special Situations Mid-Cap Fund (the “Mid-Cap Fund”) and KPS’ second Mid-Cap Fund acquisition in Italy in 2021.
Siderforgerossi is a vertically integrated manufacturer of rolled and forged products with capabilities across the manufacturing spectrum, including ring-rolled, open die and closed die forging capabilities. The Company is specialised in large diameter forged products and primarily serves the Wind Power, Oil & Gas,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
