Latest News
Audax Group has partnered with existing management to acquire Justrite Manufacturing Company, a manufacturer of industrial safety products for regulated and critical safety environments. Terms of the transaction have not been disclosed.
Justrite, headquartered in Des Plaines, Illinois, is a leading, globally recognised industrial safety platform providing unparalleled technical expertise, unmatched service, and differentiated products. The Company offers one of the broadest suites of safety products for regulated and critical safety environments, including safety cabinets, safety cans, environmental and spill containment offerings, and outdoor safety storage buildings and lockers. Justrite’s products help ensure customers’ compliance with regulatory standards, including the
Atlas Holdings has sold portfolio company Pangborn Group, a designer, manufacturer and supplier of innovative surface preparation equipment and related aftermarket parts and services, to United Generations. Terms of the transaction have not been disclosed.
Atlas acquired Pangborn in June of 2006. Headquartered in Fairburn, Georgia, the company employs over 250 people at nine strategically located facilities around the world.
“When we acquired Pangborn, our goal was to reinvigorate and strengthen an innovative manufacturing company, one with roots dating back well over a century,” says Andrew Bursky, Atlas Co-Managing Partner. “We succeeded by doing what Atlas does best; partnering with a
UK-based Sensible Lender Limited has raised GBP7 million in a first round of venture capital investments led by Venture Capital Partners to accelerate growth of its global peer-to-peer lending platform.
The remainder of the GBP17.8 million commitment is to be provided in three separate tranches over a six-month period.
Launched in 2012, Sensible Lender has more than 600 investors and over 140 borrowers from the United Kingdom with more than GBP32 million of bridging loans written with an average loan advance of GBP217,000 at an average LTV (Loan-To-Value) of 68.7 per cent. The company has already closed on GBP16.4
Westbridge Capital has led a GBP4 million financing round to assist DB Systems Limited – a supplier of audio visual and IT equipment, interactive software and temporary network infrastructure to trade shows, large exhibitions and live events – with its growth plans.
DB Systems was founded by David Bulley who continues as CEO, leading a strong operations team with many years’ experience in the events industry.
Sales and employee numbers have grown rapidly in recent years. The business now has annual revenues of GBP8m and 63 employees. It supplies equipment to some of Europe’s best known events and venues, including
Business Growth Fund (BGF) has completed its first investment in Northern Ireland, in a deal led by BGF’s growing team of investors based in Leeds.
BGF has invested in Derry-based Braidwater, a family owned housebuilder that has been designing and building affordable residential housing across Northern Ireland for more than 40 years.
Braidwater builds high quality two to five bed family homes, with a strong focus on design and building efficiency. The business is run by founder and Executive Chairman Patrick McGinnis and his son, Managing Director Joe McGinnis.
The growth capital investment will be used to support the development
Sportlobster, a sports app that brings fans together, has secured GBP2 million in venture capital funding from UAE-based investment company, Daman Investments.
“Sportlobster is in strong growth mode at the moment and this is certainly a reflection of our investment into – and focus on – the product, particularly this year. Our latest funding allows us to further accelerate our competitive lead in a number of ways,” says the company’s CEO and co-founder, Andy Meikle. “Daman sees Sportlobster as an innovative concept and the product is unmatched. This raise and Daman’s continued support will allow us to execute our global
CBO Investment Management (CBO IM), the Nigeria based investment management firm focused on African private equity, has appointed Gary Steinberg as the Head of its Advisory board and a member of the Investment Committee.
Steinberg joins CBO with immediate effect as he retires from his role as Chief of the Investment Unit at the International Monetary Fund (IMF) after nearly six years in post.
With over 30 years’ experience in the investment industry, Gary joined the IMF in 2010 as Chief of the Investment Unit which manages a portfolio of approximately USD20 billion. Prior to joining the IMF, Gary
The Guernsey office of JTC, a provider of institutional client and private client services, will now be led by Adam Moorshead (pictured).
As well as being the Managing Director of the Guernsey office, A Moorshead dam who joined JTC in 2015 following the acquisition of Kleinwort Benson’s fund administration business, will have cross-jurisdictional responsibilities. He will also sit on the global management board of JTC’s Institutional Client Services division.
Moorshead has more than 25 years of industry experience and a proven track record in managing multi-disciplinary teams across leading international financial centres. He also has extensive management experience specifically within
UK Thai restaurant group Giggling Squid is to accelerate its growth following a GBP6.4m investment from BGF (Business Growth Fund), a provider of growth capital to UK-based small and mid-sized businesses.
Giggling Squid, which has 13 sites across the South of England, will use the BGF funds to add further locations to its portfolio of successful restaurants. BGF has taken a minority equity stake in the business. BGF has also introduced Simon Kossoff, Chairman and former CEO of Carluccio’s, to the company. Kossoff has joined the board as non-executive Chairman and Jon Simon, Investor at BGF, has also joined the
A new report from Goldman Sachs, produced in partnership with the British Business Bank and the Enterprise Research Centre with support from Scale-Ip Institute and Said Business School, details the critical role UK SMEs can play in addressing the UK’s ‘productivity gap’, a deficit identified in the UK Government’s Productivity Plan (July 2015).
The report, Unlocking UK Productivity – Internationalisation and Innovation in SMEs, finds that smaller businesses have the potential to contribute to UK economic growth in three key ways: stimulating innovation; spurring competition, and; accelerating job creation.
UK smaller businesses are key contributors to UK growth, with around 10,000 high growth
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
