NVM Private Equity has invested £14.8 million into The Salocin Group to fund the acquisition of customer data specialist business, Edit, from its previous owners, Kin + Carta PLC.

This is the first transaction completed by The Salocin Group in support of their strategy to build a data powered marketing services group, focused on marketing technology, CRM, analytics, content development, and media optimisation.

Maven Capital Partners has led a £2.1 million investment in FodaBox (formerly BoroughBox), a provider of logistical services to over 1,400 independent food and drink brands.

The investment comprises £1.5 million from Maven’s VCTs alongside £600,000 from angel investors. This will enable the business to expand its operations, open a third warehouse, develop its software and analytical tools further, and launch its own private-label products.

Experienced private equity and venture capital finance director Marcus Karia has joined fast growing YFM Equity Partners (YFM) as chief financial officer.

Maven Capital Partners, one of the UKs most active investors in growing businesses,  has invested £3.25 million in London-based RwHealth 

Forensic Analytics, a digital forensics company whose communications analysis software is used by police forces throughout the UK, has secured a £4.5m investment from Mercia Asset Management PLC.  The funding, which comes from Mercia’s own balance sheet and the Northern VCT Funds managed by Mercia, will allow it to further invest into its innovative cloud-based software platform and expand its sales internationally.

HUBX, a deal syndication platform for banks and brokerage firms, has raised over $1.5 million extension led by Mandalore Partners and ACF Investors’ Delta Fund. This follows an initial raise of $5.5 million announced earlier this year, led by Barclays, Elite and Basinghall Partners, and brings the total to $7 million for this round.  HUBX clients and partners include Tier 1 banks, Finastra and Barclays.

Pembroke VCT, the venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, has invested £2m into JustWears, the men’s basic wear brand focused on comfortable, sustainable and high-performance fabrics.

Calculus portfolio company, CloudTrade, has been acquired by Advanced, a leading provider of business software, delivering a 4x return to Calculus investors in just over 3 years. 

Pembroke VCT, the venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, has invested £1m into Peckwater Brands, the creator of data-driven virtual food brands, which develops delivery-only, fully-serviced food concepts to increase revenue for existing restaurants, its franchisees.

The Association of Investment Companies (AIC) has released the report, 'Eager beavers: Enhancing the UK's commercial ecosystem'. The report examines VCT investment since the 2017 rule changes which directed VCTs towards higher-risk investment.

A platform that helps parents and students to find online tutors has raised a further £3 million investment amidst a boom in business following the pandemic.  Tutorful has secured funding from Mercia’s Northern Venture Capital Trust (VCT) funds and NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund. 

Gresham House, the specialist alternative asset manager, has agreed to acquire the Venture Capital Trust (VCT) business (£369m AUM) of Mobeus Equity Partners.