6th January 2020
Direct Online Services, the UK’s largest online retailer of kitchen worktops, has announced a record year of sales and profits, as well as a £5m internal investment plan.
The Gloucester-based, family-founded business has seen a 150% increase in profits in the last 12 months, with an expected EBITDA in excess of £4m in 2019. This has been driven by margin and productivity improvements, as well as the fruition of operational investments over the last few years. The group has seen a 14% increase in UK sales, as well as a 22% increase in revenue for its German business.
4th December 2019
Sheffield-headquartered Independent Forgings & Alloys, one of the UK’s leading independent aerospace and industrial forgers, has acquired Doncasters Precision Forgings, from Doncasters Group.
In March 2018, BGF, the UK and Ireland’s most active investor in growing businesses, invested £8.5m in IFA. DPF was identified as a strategic acquisition opportunity as part of the business’ growth ambitions to reach £50m sales.
4th December 2019
The Midlands Engine Investment Fund (MEIF) Debt Finance, managed by Maven Capital Partners, has provided Black Country based Vacuum Furnace Engineering Ltd, with a £1.5m funding package. This will enable the business to increase output, fund several large projects and pursue its growth strategy.
26th November 2019
IW Capital has invested £2 million in Impact Recycling Limited. The investment will be used as development capital to drive growth by upgrading existing equipment in Newcastle, increasing the level of shift patterns, employing additional staff resource and funding the initial licence opportunities. Impact Recycling Limited has developed a breakthrough plastic recycling technology which separates the components of post-consumer, mixed plastic waste to recover two consistent streams of plastic; polyethylene (PE) and polypropylene (PP), each with over 95% purity.
12th November 2019
BGF has invested a further £11m into Molson Group, the UK’s largest independent distributor of capital equipment to the construction and waste management sectors. The investment will be used to develop Molson’s existing sites and brands, as well as expand its international and waste management offerings.
10th October 2019
Par Equity has concluded an £800k investment in Kibosh Ltd, designer of the world’s fastest leaking-pipe repair kit.
The innovative Kibosh equipment enables DIY enthusiasts, professional plumbers and trades people to mend leaking pipes simply and quickly without having to turn off the water supply to water and central heating systems.
12th September 2019
The Riverside Company, a global private equity firm focused on the smaller end of the middle market, and co-investors have sold RE Panels S.A., parent company of EPCO and TECSEDO, to THI Investments. As the European leader in panels for overhead doors, EPCO makes sandwich panels for residential, commercial and industrial sectional overhead doors. The company completed the add-on of Swiss manufacturer TECSEDO in 2018, cementing RE Panels’ leadership position in the European market.
19th August 2019
Jaltek Systems, a leading manufacturer of complex, electronics assemblies has secured a £1m funding facility from Independent Growth Finance, as it continues to deliver on its rapid growth strategy and support its clients to push the boundaries of technological innovation. The company provides a full suite of services to its clients, offering both design and manufacturing solutions to a diverse range of regulated sectors, from clean energy and aerospace, to space satellites.
7th August 2019
NPIF - Maven Equity Finance, managed by Maven Capital Partners and part of the Northern Powerhouse Investment Fund has invested £1.5 million in specialist formwork manufacturer, Fast-Form Systems Limited. The funding will enable the company to execute its ambitious marketing strategy, continue to exploit growth opportunities in the US and create 11 new jobs.
7th August 2019
The Northern Powerhouse Investment Fund (NPIF), has invested £150,000 to support ProGen Services Limited as it seeks to recruit new staff.
Founded in 2014, the Grimsby-based company is an industrial and commercial electrical and mechanical contractor. Progen provides fully integrated mechanical, electrical, instrumentation, control and automation (MEICA) turnkey operations across the UK.
The £150,000 funding will enable the creation of at least 10 new jobs, including a new apprenticeship programme. The investment will also be used to scale up the business by acquiring new customers.
6th August 2019
Pamplona Capital Management has completed its acquisition of Loparex from funds managed by Intermediate Capital Group, alongside members of the company’s leadership team, who remain committed to supporting the long-term growth of Loparex’s customers. Simon Medley will continue to serve as CEO.
23rd July 2019
Foresight Group has invested a further £4 million growth capital investment into portfolio company ONFAB to fund the acquisition of Lancashire based designer and manufacturer of clean air containment products, Envair Holdings Limited.
ONFAB produces flexible clean-air enclosures and consumables, designed and manufactured in-house from sites in Cheshire and Spain. Founded in 2005 by Oliver Nulty, ONFAB received investment from the £60 million Foresight Regional Investment LP fund in September 2017 to facilitate a majority buyout of the business. Since then, with an enlarged team and renewed focus on sales, margins and new products, it has grown by over 30% per year and continues to benefit from ever stricter safety standards protecting workers across the globe.