BGF INVESTS £14 MILLION IN TECH-LED PROCUREMENT BUSINESS BLOOM April 2021: Growth capital investor BGF has invested £14 million in Bloom (Bloom Procurement Services), based in the North East and headquartered in Gateshead. Bloom is the UK’s only public sector procurement marketplace offering an end-to-end managed service procurement solution. Founded in 2011 by Adam Jacobs, the executive chairman, Bloom […]Read More
AND Digital secures £8 million funding from BGF to accelerate digital skills for scaleups and corporates British firm is now one of the largest independent providers of digital services in the UK — and, increasingly, Europe New funding led by BGF will create 300-400 digital jobs and accelerate European expansion Customers include enterprises like British […]Read More
Beech Tree-backed managed IT, cloud and digital transformation specialist strengthens cloud offering with third acquisition in 18 months 5th January 2021 – BCN Group, the Manchester-based managed IT, cloud and digital transformation specialist, has acquired Xicon Cloud for an undisclosed sum. The acquisition allows BCN Group to strengthen its best-in-class capabilities in managing and supporting business-critical […]Read More
Xiatech secures growth capital fundraise from Rockpool Investments System integration and data analytics specialists agree strategic partnership to enhance product suite and drive international expansion London, 10 December 2020: Xiatech, a UK Headquartered system integration and data analytics specialist, has agreed a growth capital investment with Rockpool Investments. The strategic partnership, advised by the BDO […]Read More
Exclaimer Secures Over £100 Million in Strategic Investment to Bring Email Signature Management Software to the Global Business Ecosystem New-York based venture capital and private equity firm Insight Partners to take majority stake in email signature management leader Exclaimer, with participation from Farview Equity Partners, to support acceleration of global growth FARNBOROUGH, UNITED KINGDOM, 7th December […]Read More
Digital transformation specialist Zenitech secures investment for growth drive Zenitech, the digital transformation specialist, has reached an important milestone in its ambitious growth plans with a significant investment in the business from UK private equity mainstay Sovereign Capital Partners (Sovereign). A successful multinational with more than 200 staff across offices in the UK, Romania and […]Read More
FOUNDATION SP SECURES STRATEGIC INVESTMENT FROM LDC FSP set to further accelerate growth with the support of LDC’s South team Foundation SP (FSP), a specialist Digital Transformation services provider, has secured a multi-million-pound minority investment from leading mid-market private equity firm LDC. Headquartered in Reading, FSP is an award-winning provider of Digital Transformation services to large […]Read More
Investment enables innovative Durham AI company to expand Durham based gliff.ai has received another round of investment from funds managed by Northstar Ventures, the North East Innovation Fund supported by the European Regional Development Fund and the newly launched Norther Accelerator Seed Investment Fund (NASIF). The £375,000 investment means the company, which develops tools to […]Read More
Primer secures £14 million Series A funding round led by Accel • Consolidates payment service providers (PSPs), payment methods, fraud platforms and other services across the payments stack through a unified API, checkout and sophisticated workflows functionality • Funding will be used for international business development and scaling Primer’s remote-first team Primer, the low-code payments infrastructure […]Read More
Seldon raises £7.1M Series A London, 17 November 2020: Seldon, the Open Source DevOps company providing enterprises with the tools to manage, serve and optimise their Machine Learning models at scale, today announces a £7.1M Series A co-led by AlbionVC and Cambridge Innovation Capital. The round also includes significant participation from existing investors Amadeus Capital Partners and Global Brain, […]Read More