Acquisition – UK Tech Investment News

Foehn and DoubleEdge merge with Metaphor IT on £30 million deal creating Kerv backed by LDC

Manoj Ranaweera 27/07/2020

Alastair Mills and Mike Ing, in partnership with LDC, have brought together DoubleEdge Professional Services, Foehn, and Metaphor IT in ambitious invest and grow strategy July 27, 2020 LONDON–Kerv,…

Wazoku secures £1.25 million Series A Follow On investment led by Calculas Capital and acquires InnoCentive

Manoj Ranaweera 10/07/2020

Wazoku acquires US open innovation leader InnoCentive and raises additional £1.25M to support global growth Idea management scaleup creates unique proposition for crowdsourcing, idea management…

Receipt Bank acquires Xavier

Manoj Ranaweera 15/06/2020

Receipt Bank acquires Xavier to power accountants with “better advice from better data” Xavier adds data quality horsepower to Receipt Bank’s leading data accuracy Product…

Access Group acquires CoreHR

Manoj Ranaweera 05/03/2020

Access acquires CoreHR to create Access People the UK and Ireland leader in HR & Payroll SaaS Software & Services The Access People Division will…

BGF exits from Miss Group as Perwyn becomes the majority shareholder

Manoj Ranaweera 24/02/2020

BGF has successfully exited its investment in fast-growth web hosting company, Miss Group, as financial backing has been secured from private equity investor Perwyn. Miss Group, which offers…

Liverpool based LivingLens Exits to Medallia for £20.13 million in cash

Manoj Ranaweera 06/02/2020

Experience Management Leader Medallia to Acquire Video Feedback Platform, LivingLens Combination Delivers Rich Visual Insights and Sentiment to Drive Continuous Experience Improvements, Loyalty and Revenue…

ITS Technology Group changes ownership from Maven to Aviva

Manoj Ranaweera 09/01/2020

Maven has sold ITS Technology Group (ITS) to Aviva Investors for an undisclosed amount. The Maven VCTs originally invested in 2017 with additional investment from…

Aviva Investors acquires ITS Technology Group from Maven and injects new capital totalling £45 million

Manoj Ranaweera 08/01/2020

ITS completes £45m Aviva Investors deal to fast track full fibre roll out plans Network operator ITS, will use funding from Aviva Investors, the global…

Medius acquires Wax Digital to become the leader in cloud-based Source-to-Pay solutions

Manoj Ranaweera 19/11/2019

Stockholm, Sweden and Manchester, United Kingdom, November 19, 2019 Medius, the leader in cloud-based accounts payable automation, announced today that it has acquired Wax Digital, an…

Blackstone acquires a majority stake of Magic Lab at £2.32 billion valuation

Manoj Ranaweera 08/11/2019

Blackstone to Take Majority Stake in MagicLab, Owner of Bumble and Badoo, at $3 Billion Valuation Blackstone (NYSE:BX) announced today that funds managed by Blackstone…