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11th March 2019

Cavendish advises PE firm Clyde Blowers Capital on the sale of Hydreco

Clyde Blowers Capital (CBC), Duplomatic Motion Solutions (Duplomatic) and Alcedo SGR (Alcedo) has completed the successful sale of hydraulic technologies provider, Hydreco, from CBC to Duplomatic, sponsored by Alcedo. Cavendish acted as exclusive financial advisor to CBC for the transaction, with CMS acting as legal advisors for CBC.

7th March 2019

Heating specialist Koleda 700% overfunded on Kickstarter

Revolutionary heating specialist Koleda has overfunded it's latest funding round on Kickstarter which is more than 700% funded.

The funding round is centered around their new SOLUS radiator, the most efficient home heating device ever made. The SOLUS can cut heating bills by up to 80% due to its innovative use of graphene.

7th March 2019

 Private equity set to invest more in aviation

New research from Revolution.Aero, the global meeting place for people who are reshaping, rethinking and revolutionising business and personal aviation, 

10th January 2019

Puma Private Equity closes £3.6m investment in Dymag

Puma Private Equity, the private equity division of Puma Investments, has closed an investment of £3.6 million into Dymag Group, the British designer and manufacturer of carbon hybrid automotive wheels. Established in 1974, Dymag is a pioneer in carbon wheel technology and expects a record 2019, with the investment fuelling its global growth plans. Tommy O’Sullivan, Managing Director at Puma Private Equity, commented: “Dymag is positively disrupting the automotive wheel market with its new carbon wheel products.

10th January 2019

BGF exits Petrotechnics

BGF has announced the exit of its minority investment in Petrotechnics, a global leader of software solutions for hazardous industries, following its acquisition by US-based Sphera Solutions Inc.

BGF invested £6m in the Aberdeen-based company in 2013 to support the development of Proscient – the first software enterprise platform for operational excellence in hazardous industries.

The funding was also used for geographical expansion, with the company’s software now being used by more than 80,000 people from some of the biggest businesses in the oil and gas, rail and petrochemical sectors, across 22 countries. Since BGF’s investment, the company has invested over £15m in creating and bringing to market the broadest and most insightful operational excellence software package in the sector.

8th January 2019

Red Industries secures £39m funding from BGF

Red Industries, the hazardous and non-hazardous waste management business, has secured a £39m funding package from BGF, the UK’s most active investor in growing businesses, and HSBC. 

21st December 2018

YFM exit GTK Ltd generating a 3.4x return

YFM Equity Partners has exited its investment in GTK Limited for £14.3m, to Volex Plc, generating a return of 3.4x original cost to its funds and a 36% IRR.

 

 

 

FM supported the incumbent management team in the primary buyout of GTK from its founder in October 2013. During the past five years, YFM has seen invested revenues grow over 60% and profits have more than doubled. The growth has been driven by continued investment in the UK sales team; the opening of a new sales office in Germany; a near doubling of manufacturing capacity in the UK; and the opening of a new manufacturing facility in Romania in 2016.

18th December 2018

Foresight backs The Children’s Furniture Company

Foresight Group has made a substantial investment into Caphan Trading Limited, trading as The Children’s Furniture Company, on behalf of the Midlands Engine Investment Fund.

Based in Milton Keynes, The Children’s Furniture Company designs, manufactures and sells a wide range of children’s furniture.

After developing its own e-commerce store, the firm now supplies several national retailers - offering durable furniture at an affordable price point compared to its competitors. 

6th December 2018

MEIF Maven Debt Finance backs Automotive Macliver

MEIF Maven Debt Finance has provided Automotive MacIiver Limited, the designer of the only multiple car seats for children with a £150,000 debt funding package. The funding will enable the business to invest in its product range, improving efficiencies in its batch manufacturing process, increase stock to meet growing sales and support the appointment of two new business development roles in the Birmingham area.

 

Multimac, invented by Automotive Macliver, is a unique, multi-child car seat which delivers a completely new concept in child car seat safety. By allowing three to four children to be seated in a row, Multimac removes the dangers associated with a seven-seater vehicle, which places children in the boot space of the car, commonly known as the ‘crumple zone’. The Multimac enables up to four children from 0-12 years to be seated in a row of even the smallest cars and is approved for adult use. 

22nd November 2018

DRL Partitions secures £200k Development Bank of Wales investment

The Development Bank of Wales has confirmed a £200,000 investment in Dafen based DRL Partitions Limited, a new manufacturing business specialising in movable wall systems.

Established by Managing Director Dennis Lewis, DRL manufactures sliding folding walls, expanding walls, operable walls and glass partitions for the education, health, leisure, community and commercial markets. Opportunities in the Middle East and India mean that the business is already exporting around 10% of products with this figure set to grow to 40% within the next two years.

14th November 2018

Maven and Development Bank of Wales invest £3m in Motokiki

Maven Capital Partners and the Development Bank of Wales have confirmed a £3 million equity investment in Motokiki, Britain’s first truly independent vehicle tyre comparison website.

The investment of £1.5 million by each funder will support Motokiki’s drive to develop new strategic partners, and fund sales and marketing initiatives to raise awareness of the brand and grow its customer base.

Motokiki’s unique comparison engine will provide a whole of market solution, comparing the price of tyres from a large range of manufacturers and suppliers, providing consumers with an impartial comparison across a wide range of retailers. Existing UK websites that provide tyre pricing information, in practice only list prices based on their own stock.

22nd October 2018

IW Capital provides £1.1 million loan to Troika Systems

IW Capital has announced senior loan funding of £1.1 million to assist in the acquisition of Troika Systems Ltd, a global leader and specialist supplier to the printing and packaging industry.

Troika Systems Ltd is a long-established and award-winning UK manufacturer and distributor of 2D and 3D microscope scanning and management systems. Fresh Equity Limited, the Midlands-based SME investor, will be working with the management team to further grow the sector profile of Wiltshire-based Troika and its presence in the global marketplace.

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