Managers
HSBC Asset Management has launched a UK-focused direct lending investment capability as part of the firm’s ambition to grow its alternative investments platform.
The new capability has been developed in partnership with HSBC UK Bank (HSBC UK), a leading originator of senior secured loans to middle market private equity-backed companies in the UK. The asset selection will be managed by HSBC Asset Management, whilst HSBC UK will supply the origination pipeline.
Working exclusively with HSBC UK, the partnership will focus on extending new senior secured loans – to borrowers with EBITDA of between GBP5 million and GBP50 million. It
Growth Capital Partners (GCP), a UK mid-market private equity firm that specialises in partnering with owner-managers, has exited its investment in Infinity Works, one of the UK’s leading digital transformation consultancies.
Infinity Works is being acquired by global professional services company Accenture.
GCP invested in Infinity Works in March 2019 as a supportive minority partner to the founder management team. During the last two years, GCP’s support and investment has enabled Infinity Works to evolve the service proposition of the business, strengthen management and significantly grow headcount, revenue, and profitability.
Founded in 2014 and headquartered in Leeds, Infinity
EW GROUP, a German strategic holding company in the field of animal breeding, health, nutrition and diagnostics, has acquired Hygiena, a specialist in food safety and environmental testing solutions.
The terms of the transaction have not been disclosed. The transaction is expected to close in March 2021.
Hygiena, headquartered in Camarillo, California, USA, with nine locations around the world, develops, manufactures and distributes food safety and environmental diagnostic solutions. The products are sold in over 100 countries to more than 10,000 customers. For two decades, Hygiena has been committed to providing accurate and easy-to-use-diagnostic tests, supported by the most knowledgeable
Colossi Games, a specialist in role-playing games (RPG), has secured USD2.5 million in a seed round led by EQT Ventures, with participation from existing investor Play Ventures.
Colossi Games is a Cyprus-based games studio, which is creating the first ever social survival game on mobile. The funding will be used to develop and market its first game, as well as the creation of future games.
Colossi Games strives to become the creators of the first survival/action mobile RPG that includes multiplayer functionality. In 2021, the global games market revenue will hit USD189.3 billion, a 147 per cent increase from
Billhop, a Swedish company which enables businesses and individuals to pay their invoices by credit card, has closed a EUR4 million Series A investment round from financial technology VC Element Ventures (www.elementventures.vc).
A majority of suppliers do not accept card payments due to processing fees and administration involved, and not all SMEs, sole traders and corporates have the liquid assets required to settle their invoices. Billhop is the payment platform that enables businesses, enterprises and individuals to pay any invoice by credit card, regardless of whether the supplier accepts card payments.
Billhop manages the entire payment process without onboarding the
Citizens M&A Advisory served as the exclusive M&A advisor to Bionix Development Corporation on its recapitalisation by Argosy Private Equity.
Bionix, headquartered in Toledo, Ohio, is a leading developer of innovative healthcare products for single-use ear, nasal and wound care applications, among others. Co-founded in 1984 by Drew Milligan, PhD, and Jim Huttner, MD, PhD, Bionix produces its products in the United States and is trusted by physicians throughout the care continuum for developing premium products that set innovation, quality and performance standards. Argosy’s investment will allow Bionix’s co-founders and management team, led by President and CEO Chris Becker, to
Axiom Space, which is developing the first commercial space station, has raised USD130 million in Series B funding.
The round was led by C5 Capital and includes Declaration Partners (the investment firm backed by David M Rubenstein), Moelis Dynasty Investments, The Venture Collective, Hemisphere Ventures, and Starbridge Venture Capital.
The new financing will accelerate the growth of Axiom’s workforce and its development of the first commercial space station. The Axiom Station will serve as the central pillar of a thriving network of commerce in Earth’s orbit – a lynchpin of a space economy that Bank of America and Morgan Stanley
Outpost VFX, a UK-headquartered film and TV visual effects company, has secured a multi-million pound investment from funds managed by YFM Equity Partners (YFM) which will enable it to develop its infrastructure, company culture and proprietary platforms, as well as providing a solid base for further international growth across its four international locations.
Outpost VFX was set up in 2013. Headquartered in Bournemouth, it now also has operations in Montréal and London as well having recently opened a new studio in Los Angeles, enabling it to scale to hundreds of artists worldwide. The VFX house partners with global streaming platforms
Growth capital investor VGC Partners is targeting investments in disruptive future sectors including gaming, luxury e-commerce brands and voice tech, following the firm’s most active 12 months to date.
The firm is now 50 per cent invested in its flagship GBP50 million fund, with deals completed with London-based luxury trainer re-seller Kick Game and a pair of transactions in the next generation food and beverage space. The investment in flavoured sparkling water Ugly Drinks was completed in November, with a deal for Sweden-based Sproud, which produces a pea-based milk alternative, completed last month.
In addition, the firm successfully exited
Mobile authentication platform tru.ID is exiting stealth mode to announce it has secured a GBP3 million funding round from investors including Episode 1, MMC Ventures and NHN Ventures.
tru.ID has been launched by experienced industry insiders to help developers eliminate passwords and bring user authentication into the 21st century.
Traditional methods of user authentication, such as email + password or SMS one-time-passwords, don’t work in today’s mobile-first world, offering poor user experience and creating security weaknesses. The industry has been trying to replace passwords for years, but has failed to find a universal solution. Now, the answer is here,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
