Cyberhawk Innovations Limited, the world leader in delivering drone inspections and asset visualisation software for energy infrastructure, has been acquired by funds advised by Magnesium Capital, resulting in a successsful exit for exisiting investors Scottish Equity Partners and Scottish Investment Bank. 

Jeremy Curnock Cook, Managing Director of BioScience Managers, comments on the BiA's latest financing figures.

Mobility aids specialist Snowdrop Independent Living has new owners after a management buyout (MBO) team was supported by the Development Bank of Wales with a £500,000 equity investment.  The business specialises as a retailer and distributor of mobility aids, including stair lifts and orthopaedic chairs, and was founded 20 years ago by Peter O’Shea.

Pure Pet Food, the award-winning manufacturer of dehydrated and freeze dried pet food has secured a £2m investment from NVM Private Equity to accelerate its plans to make healthy choices for pet owners easy and accessible. Their low processed natural recipes have become the go-to option for pets suffering with a range of ailments and sensitivities. The innovative Yorkshire based company formed by childhood friends Mathew Cockroft and Daniel Valdur Eha has quickly grown from a tiny business which started life in Daniel’s kitchen, to a brand that is now sold around the world and in major retailers such as Pets at Home.

Growth capital investor VGC Partners has announced the close of Fund II at £50.25m, to target UK-based consumer, media and tech companies.

Cavendish Corporate Finance has advised Inflexion Private Equity on its successful buyout of Creative Car Park Limited (CCP), the UK’s foremost provider of car park management solutions for small businesses. The investment is being made by Inflexion Buyout Fund V, Inflexion’s dedicated mid-market fund.

According to new research* by Master Investor Ltd., 85% of investors are actively looking to invest in the UK in 2019 with more than a third (37%) highlighting that this number has increased over the last few years.

Get FREE tickets for the Master Investor Show on 6 April 2019 using code: GT02 via the Master Investor website.

Maven Capital Partners has led the management buyout of CMS Window Systems, a leading end-to-end provider of premium window and door solutions, and one of Scotland’s fastest growing manufacturing businesses. The transaction includes the largest equity cheque written by Maven as well as debt funding from Clydesdale Bank led by its Corporate and Structured Finance team, and additional equity from the Scottish Investment Bank. Exiting investors include mid-market private equity firm, LDC.

CroíValve, a medtech start-up providing a safe and effective treatment for tricuspid regurgitation, hasannounced that it has secured €3.2 million in an oversubscribed seed financing round. The round was led by the HBAN (Halo Business Angel Network) MedTech and Irrus Syndicates, alongside Atlantic Bridge University Fund, Enterprise Ireland, SOSV and a group of cardiologists who see the treatment’s transformative potential. The funding will support the continued development of CroíValve’s innovative technology.

Bowmark Capital, the mid-market private equity firm, has completed the take-private of AIM-listed Tax Systems Plc, the leading provider of corporation tax software and services in the UK and Ireland.  The transaction values Tax Systems at £114 million. 

WestBridge Capital has acquired a majority shareholding in and provided growth capital to Wilcomatic Limited, one of the UK’s leading providers of vehicle and rail wash systems.

G3 Comms, the business communications provider and network integrator, has secured investment from private equity firm Apiary Capital. Under the terms of the deal, Apiary will acquire a majority stake in G3 Comms and provide additional follow-on funding to enable the company to accelerate its growth both organically and through acquisition.