Solutions
London-based private equity firm ADM Capital Europe’s Cibus Enterprise Fund (Cibus) has invested in US-based retail technology provider Adroit Worldwide Media (AWM).
Technology has reached the point where supermarkets can retrofit their stores with cameras, smart shelves and sensors which provide sufficient data for more efficient shelf stacking, checkout-free shopping, optimising inventory levels and logistics which improve waste reduction. This so-called “frictionless retailing” also enables new formats of stores such as small “hyper-local” stores in a college campus or office building. According to a recent report by Google Cloud, application areas for AI and Machine Learning in physical retail
Global growth investor, Warburg Pincus, has entered into an agreement with Macquarie Capital Principal Finance (Macquarie Capital) to jointly acquire a majority stake in Premier Technical Services Group Ltd (PTSG), a specialist in building compliance services in the United Kingdom (UK).
The new investment from Warburg Pincus marks a significant milestone for PTSG as it enters its next phase of growth, allowing the company to focus on continued innovation and key growth initiatives, while continuing to offer strong customer service. PTSG is a leading provider of specialist building compliance services, including fire and electrical compliance services, fall protection and façade
OMERS Private Equity and Alberta Investment Management Corporation, on behalf of certain of its clients (AIMCo), are to sell their majority stake in Environmental Resources Management (ERM) to KKR.
UK headquartered ERM is the world’s largest pure-play sustainability consultancy, operating in over 40 countries with over 5,500 partners and employees globally. ERM partners with the world’s leading organisations to create innovative solutions to sustainability challenges and unlock commercial opportunities that meet the needs of today while preserving opportunity for future generations.
Since investing in ERM in 2015, OMERS Private Equity and AIMCo have worked closely with the Company and its
ilumoni, a start-up app that aims to help people to borrow well, has raised GBP1.2 million in an over-subscribed seed funding round after successfully launching in Beta earlier this year.
The purpose-led, AI-driven fintech had previously raised GBP455,000 in pre-seed funding, which saw the initial build of the first version of the app. The app went on to receive full FCA authorisation in January of 2021 and has already attracted its first beta users.
The free to use app helps people to understand and manage their borrowing better. ilumoni delivers rich, personal insights into how users borrow and repay,
Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries, is to acquire a majority ownership stake in Vector Solutions (Vector), a provider of industry-focused software solutions for training, risk management, workforce management and operational readiness.
Genstar is acquiring Vector from Golden Gate Capital, a leading private equity investment firm, which will remain a significant shareholder in the business. The transaction is expected to close in the next 45 days.
Vector is the leading provider of intelligent and industry-focused SaaS solutions that connect information and technology to deliver
Guru Capital is to acquire substantially all the assets of UK based Fintech company Oval Money Ltd, which will be acquired by and integrated into the UK based online CFD Broker ETX Capital, a Guru Capital portfolio company.
In addition, Guru Capital is in the process of negotiating the acquisition by an associated fund of 100 per cent of the shares of Oval Money Ltd’s Spanish regulated investment firm subsidiary, Oval Marketplace AV, SL.
These acquisitions support ETX’s and Oval’s shared mission of making a wide range of financial services and products accessible and affordable to everyone. The combination
International law firm RPC has advised Optio Group – a speciality insurance MGA – on its acquisition of nuclear risk specialist Northcourt.
Northcourt – which launched in 2010 – is licensed to underwrite nuclear property and liability risks globally and has clients in Europe, Russia, China, South Africa and Canada, and elsewhere across the world. The executive management team and staff will all remain with the business.
RPC Partner James Mee led the RPC team on behalf of Optio. “We were very pleased to be asked to support on what is a strategically very significant deal for Optio,” he says.
Handshake, an early career network, has secured USD80 million in a venture financing round and is set to invest a tranche of the funding in the UK, supporting early careers recovery post-Covid.
The new funding round increases Handshake’s investment total to USD235.5 million and the company’s valuation to more than USD1.5 billion. This new investment reflects Handshake’s unprecedented growth, unparalleled student adoption, and a rapidly expanding market opportunity to help employers and universities embrace the virtual future of graduate recruitment.
This Series E round was led by Lightspeed Venture Partners and Spark Capital with participation from all prior investors:
Sanne, a global provider of alternative asset and corporate services is launching its loan agency product offering in the Netherlands this week.
The Dutch loan agency offering, based at Sanne’s Amsterdam office, will service cross continental clients in the alternative assets space. It augments Sanne’s existing loan agency business operating in London, Madrid, and New York which has long established partnerships with many of the world’s leading banks and financial institutions. Sanne services loan agency clients through its global network of offices orientated around the provision of a full suite of loan and bond agency services covering all asset classes
Apex Group has launched an Outsourced Special Purpose Acquisition Company (SPAC) Chief Operating Officer Solution via subsidiary Throgmorton US.
Daniel Strauss, CEO of GlassBridge Enterprises, a holding company focused on asset management opportunities, will be joining Apex in an advisory capacity to help guide and deliver the Outsourced SPAC COO Solution.
Apex and subsidiary Throgmorton understands the complexity of compliance and regulatory considerations around SPAC vehicles. These considerations now requiring even more dedicated oversight and coordination, following the accounting guidance issued by US Securities and Exchange Commission last month. The Outsourced SPAC COO Solution, part of Apex’s single-source offering, provides
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm