Latest News
Brightpearl, a provider of a purpose-built retail ERP platform, has secured a USD15 million in growth investment round and appointed a new Chairman to help drive further expansion.
More than 1,000 brands rely on Brightpearl to transact more than USD1.8 billion of trade across 26 countries. The company has seen a 77 per cent increase in year-on-year new business growth and delivered 34 per cent revenue growth in the last 12 months alone. Brightpearl was recently voted the top SaaS company to work for in Britain, beating companies such as Microsoft, Adobe and LinkedIn.
The latest growth round for
Graycliff Partners, an independent investment firm focused on lower middle market private equity and mezzanine investments in the United States, has completed the sale of Skandia, an interior products and services provider to the aviation industry, to TransDigm Group Incorporated for a total purchase price of USD84 million.
TransDigm, through its wholly owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today.
Headquartered in Davis Junction, Illinois, Skandia is a leading provider of highly engineered seating foam, foam fabrication, flammability testing and
BlueMountain Capital Management (BlueMountain), a private diversified alternative asset management firm, has appointed Ameya Agge and Matt Jameson as senior investing professionals to source, evaluate, and execute healthcare-related private investments.
Both are newly-created positions reporting to Jim Pieri, Head of Private Healthcare.
“Just as the financial services industry went through a major transition in recent years, many healthcare sectors are beginning to go through substantial transformation that will dynamically evolve over the next decade, thus increasing the need for non-traditional capital providers,” says Andrew Feldstein, Co-Founder and Chief Investment Officer of BlueMountain. “Private investments in healthcare continue to complement our
Volta Charging, a category groundbreaker in mobility infrastructure, today announced the closing of a USD35 million Series C Funding Round.
The round, designed to accelerate the rapid expansion of Volta’s Electric Vehicle (EV) charging and media network, is led by the Invenergy Future Fund, with both the Invenergy Future Fund and Activate Capital assuming Series C Board seats.
This round of funding is Volta’s largest yet. Participants in Volta’s Series C round include new, as well as returning, investors from the US and Europe. GE Ventures, Orsted Venture, Nautilus Venture Partners, and Idinvest all join as new investors. Virgo
Accountancy and business advisory firm BDO has appointed a new international audit partner to join its expanding financial services team.
Justin Chait (pictured), joins BDO following 12 years at KPMG and specialises in asset management, property and fund administration companies.
With significant international experience, Justin moves to London from Cape Town as BDO continues to grow and invest in its financial services offering.
Chait says: “The UK is home to one of the most dynamic financial services industries in the world. The team at BDO understands the issues and regulatory pressures clients face and it has an exceptional
Noerr has provided extensive tax advice to the limited partner of Barkawi Management Consultant GmbH & Co KG (Munich) during the preparation and transaction to sell the company to Genpact. Munich-based tax partner Carsten Heinz was lead partner.
Barkawi Management Consultant GmbH & Co KG is a supply chain and after sales consultancy with subsidiaries abroad, especially in Austria and the USA.
The merger of Barkawi Management Consultants and the supply chain service line of Genpact will form “Barkawi Management Consultants – a Genpact Company” a global provider of Management Consulting, Managed Services and Digital Transformation. Genpact is
Adam Hewitson (pictured), has been appointed as the new Chief Executive Officer (CEO) of UK accountancy and professional services provider Throgmorton, part of Link Asset Services.
The current Chief Operating Officer (COO) and Deputy CEO of the business, Hewitson replaces Andrew Rubio who will move to the newly created position of Chairman, both positions effective on 1 October 2018.
Rubio joined Throgmorton in 2002 to establish the accounting function at the business and was subsequently appointed CEO in 2009. Andrew has been instrumental in Throgmorton’s continuous growth, overseeing the business as it has grown from three to over 145
True has acquired a majority stake in organic kids’ clothing maker, Frugi (trading name of Cut4Cloth) which designs, manufactures and sells sustainably-sourced organic cotton apparel and accessories for babies, children and new mothers.
True will work with the existing management team to support Frugi’s ongoing scalable growth. In addition, Hugo Adams, former Executive Board Director of Superdry and Chief of Staff at Marks and Spencer, joins as CEO. With extensive sales and marketing experience, Hugo has also worked for Dyson, where he led international growth, and the Body Shop.
Primarily sold via its welovefrugi.com website, alongside retail partners including
Mission Mars, the North West England-based operator behind hospitality concepts including Albert’s Schloss and Rudy’s Neapolitan Pizza, has received GBP10 million from BGF to continue with its ambitious growth plans.
With combined annual sales of nearly GBP30 million across its ten sites, Mission Mars is led by Roy Ellis and Neil Macleod who previously founded and built the Revolution bar chain. BGF is backing the business’ impressive team as it aims for further growth by opening additional sites across the UK.
Mission Mars was launched in 2015 with a portfolio of already popular sites built up by Joel Wilkinson
Diversis Capital, a Los Angeles-based private equity firm that acquires controlling interests in small- to middle-market companies, has completed the sale of portfolio company BLUE Software (BLUE), a Chicago-based label and artwork management software company, to Esko, a provider of software and hardware for packaging design.
Terms of the transaction have not been disclosed.
Diversis acquired BLUE, which was a growing enterprise-class software business unit of a public company, in December 2014. Since its original investment, the business has made important investments in research and development, as well as sales, to accelerate the company’s growth. During Diversis’ ownership of
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
