Latest News
Wombat, the UK’s first thematic & curated fractional investment platform, has closed a GBP2 million seed round to help the fast-growth business serve consumers’ increasing appetite for shares investing.
The seed round, led by Fuel Ventures, will help Wombat further develop the platform to provide easy access to the world of investment and further open up its ability to offer fractional shares in global, household brands.
Wombat’s fractional investment platform is the first of its kind in the UK and is encouraging a new generation of investors to save for the future by helping them to invest in shares, without
- 09/02/2021
Orion Innovation (Orion), a digital transformation and product development services firm, is to acquire Tellence Technologies (Tellence), a privately-held technology services company headquartered in Bucharest, Romania.
With this acquisition, Orion is strengthening its European presence by establishing an R&D operation in Romania, with associates across Bucharest and other major cities, as well as Tel Aviv, Israel. The Bucharest site will host 300-plus engineers, primarily focusing on Digital Product Development Services for several global clients. The Romanian operation is expected to continue its rapid expansion, growing to over 1,000 engineers in the coming years.
Founded in 2012, Tellence develops and delivers cutting-edge
- 09/02/2021
TA Associates, a global growth private equity firm, has entered exclusive negotiations to make a majority growth investment in DL Software, a France-based group of enterprise resource planning (ERP) software providers.
Current DL Software majority shareholder 21 Invest France, as well as company founders and management, would each retain a stake in the business following TA’s investment. The envisaged transaction, which is currently under review by representatives of the company’s employees, is expected to close in the second quarter of 2021, subject to customary approvals. Financial terms were not disclosed.
Founded in 2003, DL Software is comprised of 13
- 09/02/2021
Kingswood Capital Management (Kingswood), an operationally-focused lower-middle market private equity firm, has closed the Kingswood Capital Opportunities Fund I.
The Fund was oversubscribed and closed at the hard cap with total commitments of USD230 million. The Fund received commitments from a balanced group of high-quality limited partners, including public pension funds, insurance companies, endowments, foundations, multi-manager funds, and family offices.
The Fund will seek to make value-oriented control buyouts and structured debt and equity investments in companies that are headquartered in North America and characterised by operational, transactional, and/or structural complexity where the Firm believes it can
- 09/02/2021
JP Jenkins, an established UK trading platform for private companies, has launched a new online trading platform JPJ Direct.
The Company has created an ecosystem for a secondary market, giving greater visibility and liquidity to unquoted private companies and encouraging wider share ownership through two different routes to market.
Coinciding with the platform’s 30th Anniversary, the newly launched online trading platform, JPJ Direct, offers private companies a direct shareholder investment facility allowing for fast, efficient online trading without requiring a broker or intermediary, making it simpler than ever to buy and sell private company shares.
JPJ Direct will now
- 09/02/2021
Rapidly growing SME lender Grow Finance has strengthened its executive management team with the appointment of a chief operating officer.
Lee Clarke brings a wealth of banking and finance experience, most recently in the rapidly growing fintech arena, where he built and executed a successful go to market strategy for another company in the highly competitive SME lending market.
Prior to this Clarke held leadership positions at GE Capital, Allianz Finance, ANZ and Orix Australia as well as managerial roles at Bank of Queensland and St George Business Finance.
At Grow Lee is responsible for overseeing day to
- 09/02/2021
Bain Capital Private Equity (Bain Capital) and Cinven (the consortium) have entered into definitive agreements to acquire Lonza Specialty Ingredients (LSI), a division of Lonza AG, for a total enterprise value of CHF4.2 billion.
LSI is a world-leading provider of specialty chemicals for microbial control solutions, used to eliminate or control harmful and unwanted micro-organisms. LSI’s products are critical ingredients in disinfectants, preservatives, sanitisers, personal care products, as well as coatings and other industrial uses. The business also produces a range of other specialty chemicals, centred around its unique production facility in Switzerland.
Headquartered in Basel, Switzerland, LSI has
- 09/02/2021
Venture Capital Trusts (VCTs) showed extraordinary resilience in 2020 despite the challenges of the pandemic, according to a new survey of VCT managers conducted by the Association of Investment Companies (AIC).
In the survey, which was conducted between 1 December 2020 and 6 January 2021, 40 per cent of managers said trading conditions for their investee companies had improved since January 2020 with a further 27 per cent saying conditions were unchanged. Reflecting this, the average VCT delivered a positive total return of 4 per cent in 2020, while the FTSE All Share delivered a 10 per cent loss in
- 09/02/2021
This webinar explores some of the trends for 2021 which we think fund managers ought to keep an eye on…
- 08/02/2021
Surface Transforms, which manufactures next-generation carbon ceramic brake discs for the automotive and aircraft industries, has raised GBP20 million in a financing round led by Zeus Capital.
The raise follows a successful 18 months for Surface Transforms, in which it has secured contracts to supply brake discs for five new vehicles by four major automotive manufacturers, providing an expected revenue pipeline of GBP43 million. The company is also increasingly confident of securing at least two new contracts in the near future.
Based in Knowsley, Liverpool, Surface Transforms will use the funds raised to construct a new production cell at
- 08/02/2021
Special Reports
Featured
- Intel
- May 7, 2024
- Intel
- May 3, 2024
- Intel
- May 2, 2024
- Intel
- May 1, 2024
- Intel
- April 30, 2024
- Intel
- April 29, 2024
Events
16 May, 2024 – 8:30 am
16 May, 2024 – 5:30 pm
05 June, 2024 – 8:30 am
12 September, 2024 – 8:30 am
