Managers
Online video gaming, pc enthusiast and tech hardware retailer, Mwave has attracted SME investor Anacacia to join its share register. The management team and Right Click Capital will both continue as investors alongside Anacacia. Management team members will continue in their executive roles but with access to a broader investor base and board to support their growth plans.
Victor Lee and his team founded Mwave in 2006. The business has become the leading supplier of computer products to the fast-growing video gaming, eSports and pc enthusiast segments. The business also supplies the SME business segment. Over the last three years, the
CET Infrastructure, a provider of specialist geotechnical, environmental and materials testing services to the construction and engineering sector, has continued its buy –and-build growth strategy with the acquisition of Card Geotechnics Limited (CGL).The acquisition of Surrey-based CGL, for an undisclosed sum, is the third bolt-on acquisition since leading mid-market investor Palatine Private Equity took a majority stake in CET Group in November 2018.
CGL, which has more than 65 employees based across a network of seven regional offices, is the largest independent specialist geotechnical and geo-environmental consultancy in the UK and Ireland with clients in residential, commercial and public sectors.
Global law firm White & Case LLP has advised Novator Partners on its investment as lead investor in a Series G follow-on investment in Monzo Bank Limited.“Monzo is one of the leading app-based banks in Europe and perfectly fits Novator’s investment focus on companies that are market disruptors,” says White & Case partner Ian Bagshaw, who co-led the Firm’s deal team. “This is the latest in a number of deals on which we have advised Novator and is further evidence of our expertise advising on investments in fast growing tech businesses.”
Novator Partners is an investment firm founded and
Updraft – a lending, credit report, and financial planning app designed to tackle escalating consumer borrowing in the UK – has secured GBP16 million in a round including Quilam Capital on the debt side, and the UK Government’s Future Fund, which participated via their convertible loan note alongside a group of high-net-worths.
Updraft was founded by financial services executive Aseem Munshi, former head of cards and unsecured lending for HSBC UK. Munshi realised that consumers drift into borrowing more and more every month without noticing – and that consumers will pay over GBP10 billion in fees and interests for overdraft and
ARQIS has advised the shareholders of Kroha on the sale of the company to the AR Packaging Group. After approval by the responsible antitrust authorities, the transaction was completed on 30 November 2020.Kroha is a family-run production company for folding box dividers and leaflets based in Germany with production sites in Miesbach and Barleben. With its exclusive focus on pharmaceutical packaging, 250 highly qualified employees and an experienced management team, Kroha stands for the highest quality of its products and efficient processes.
As a portfolio company of the US financial investor CVC Capital Partners, AR Packaging is one of
UK mid-marketprovate equity investor Livingbridge has agreed the sale of The Up Group, a European digital search, advisory and networking firm.Livingbridge’s realisation comes via a strategic trade acquisition from Alexander Mann Solutions (AMS), backed by OMERS Private Equity, the private equity arm of one of Canada’s largest defined benefit pension plans. AMS will support The Up Group in delivering enhanced talent solutions to its clients, scaling its international operations and expanding its team, whilst retaining Up’s strong brand and autonomy to deliver market-leading digital executive search.
Having recognised the firm’s unique offering and backing an experienced senior management team
NextStage, an investment company listed on the Euronext Paris regulated exchange, and a specialist in long-term equity investments in mid-sized companies (MSCs), has sold of its entire stake in the Fountaine Pajot Group.Fountaine Pajot, an brand created by Jean-François Fountaine and Yves Pajot in 1976, has developed unmatched expertise in the design and manufacture of elegant marine catamarans for nearly 40 years, allowing it to sell more than 3,000 boats worldwide. Supported by NextStage since 2015, Fountaine Pajot has been able to develop and strengthen its leadership position, becoming one of two French flagships of industrial know-how in the world
Benevity, a specialist in corporate purpose cloud software, has secured an investment from global software investor Hg. Hg’s investment is expected to further accelerate and scale Benevity’s pioneering leadership in this category.
Hg will lead the investment, which will be made from the Hg Saturn 2 Fund, in partnership with Benevity’s current investors, General Atlantic and JMI Equity, who will remain significant investors in the business, alongside the Benevity management team.
This investment comes at a time when ESG (Environment, Social, Governance), corporate purpose and stakeholder capitalism are taking root in companies of all sizes across the globe and as
Glenhawk as agreed to a GBP25 million mezzanine funding line with Balbec Capital, the global private investment firm, which will support the senior funding line Glenhawk secured with JP Morgan in March as it targets growing its UK loan book to GBP200 million by the end of 2021.The agreement represents the first time that Balbec Capital, which has invested over USD6.5 billion in 20 countries and specialises in investments and joint-ventures in alternative credit opportunities, has partnered with a UK bridging lender. The funding line, which was arranged and closed since the start of the Covid-19 pandemic, will be used
Union Bancaire Privée, UBP SA (UBP) has held the first close of UBP Private Debt Fund III, at over EUR110 million. The strategy seeks to earn attractive risk-adjusted returns by investing in privately sourced debt obligations, expanding UBP’s existing diversified range of private debt solutions.
The Private Debt team originates its transactions from the family office universe, an informal network of multi- and single-family offices and businesses backed by family money. The UBP Private Debt Fund III has a lifespan of 4.5 years and will return capital after a two-year investment period. The target size is up to EUR 300 million,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
