Author: cmx
Posts by cmx
Deal of the Year for MRO
NVM supports MBO of specialist technical distributor
Specialist plant-based ingredients supplier boosted with £15 million investment
Latest NVM exit delivers 4.2x return
NVM expands in the North
NVM supports MBO of IT transformation consultancy
NVM exits Lineup delivering 8.1x
NVM Private Equity (“NVM”) announces the sale of the Northern VCT’s stake in the media software company, Lineup Systems (Lineup) to US based Chartbeat backed by Cuadrilla Capital delivering a money multiple of 8.1 times. Lineup delivers innovative Ad and Subscription Revenue Management solutions, incorporating CRM, finance and self-service modules through its flagship Adpoint software.
NVM backs Northern businesses with £41 million in 2022
NVM Private Equity (“NVM”) has invested more money across the North of England this year than in any previous year, with an investment of £41 million into three businesses. The three Northern deals comprise: Inprova – a leading technology and data enabled procurement services business operating across private, public and third sector organisations. YorkTest –
NVM backs MBO of tech-enabled procurement business
NVM Private Equity (“NVM”) has announced that it has completed an investment supporting the management buyout of Cheshire-based Inprova, a leading technology and data enabled procurement services business. Inprova has more than 30 years’ experience of transforming procurement in the public, private and third sector. Through its use of technology, procurement analytics and category expertise,
Yorkshire businesses receive £26 million in six months
NVM Private Equity (“NVM”) has announced that it has invested more than £26 million to support growing Yorkshire businesses in the last six months. NVM operates in the lower-mid private equity market, specialising in helping to professionalise and scale regional SMEs. The business was formed in 1984 and has championed investment into UK regional businesses
NVM announces £10 million backing of YorkTest
NVM Private Equity (“NVM”) has completed a £10 million investment into Yorkshire-based YorkTest Laboratories Limited (“YorkTest”). YorkTest is a leading health and wellness company with over 40 years of expertise in food intolerance and allergy testing in the home-to-laboratory test market. The company has recently diversified into the US where it is building on
NVM completes sale of Mobius Networks
NVM Private Equity (“NVM”) has today announced the sale of Mobius Networks Limited (“Mobius”) to Wireless Logic, the leading global IoT connectivity platform, for an undisclosed sum. Formed in 2004 and headquartered in Leicestershire, Mobius began as Vodafone’s preferred distributor for M2M Data SIMs for local government and smart cities. This has now expanded to
NVM announces promotion of Oliver Wildig
NVM Private Equity (“NVM”) continues to demonstrate its commitment to regional private equity investment through the promotion of Oliver Wildig to Investment Director. Oliver, who is based at NVM’s Manchester office, joined the firm in 2019 with responsibility for sourcing new investment opportunities, execution and portfolio management. During this time Oliver has been involved in
NVM backs specialist electronics and solutions business in deal worth £24 million
NVM has backed the specialist electronics business, Easby Group (“Easby Group”) that comprises Easby Electronics Limited and Delta Impact Limited in a management buyout (“MBO”) worth £24 million. Easby Group, which has offices and warehouses in Richmond, North Yorkshire, Newbury and Thatcham Berkshire, is a UK Franchised distributor and stockist of electronic components and a
NVM backs customer data specialist with investment of £14.8 million
NVM Private Equity (“NVM”) 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 (“Kin + Carta”). This is the first transaction completed by The Salocin Group in support of their strategy to build a data powered marketing services
NVM sells Intelling for 4.0x multiple
NVM Private Equity (“NVM”) announces that it has sold Intelling to the London-based investment firm RDCP Group (“RDCP”) delivering a 4.0x return against the cost of the original investment. NVM first backed Intelling in 2017 when the company was delivering business process outsourcing (BPO) and communications services to a range of clients, including a major contract
NVM registers 12.1x return on the partial exit of musicMagpie
NVM Private Equity (“NVM”) announces that following musicMagpie’s successful admission to AIM this morning the partial exit by its funds has generated proceeds and retained value at the IPO price of £72.5 million, a 12.1x return against the cost of the original investment. The funds retain a 16.1% holding in the newly listed business, musicMagpie
NVM completes £10 million IT services MBO
NVM Private Equity (“NVM”) announces that it has completed a £10 million MBO of Trust Systems, a provider of networking consultancy and managed services focused on helping customers to make the most of their technology. Trust Systems, which operates from its HQ in Cirencester, has built a loyal customer following in both the retail and
NVM announces £18m MBO
NVM Private Equity (“NVM”) announces that it has completed an £18 million management buy-out (“MBO”) of rapidly growing facilities management business, Pareto FM. Funds from the deal will be used to buy out two founder shareholders and invest in technology to support the firm’s continued growth. The transaction was supported with a £5 million debt
NVM successfully exits It’s All Good, a leading UK-based high quality snack manufacturer
NVM Private Equity (NVM) is delighted to announce the successful sale of It’s All Good (IAG), a leading UK-based high quality snack manufacturer, to Valeo Foods. Since backing IAG in 2014, the company has invested heavily in building the Manomasa brand and developing its innovation team and manufacturing facilities. During this period, IAG has experienced
NVM announces senior promotions
NVM Private Equity (NVM) continues to invest in enhancing its team and is delighted to announce a number of key promotions. Charlie Pidgeon, James Bryce and Simon John are all promoted to Partner and Sam Sinclair will take on the role of Head of Talent and Value Creation. These promotions reflect the contribution each individual
NVM Private Equity Exits Agilitas IT Solutions
NVM initially supported Agilitas with an investment of £6.4 million in 2014 as part of a management buyout. Peter Hodson, Investment Partner and part of the Buyout team at NVM managed the close relationship between the two firms over the past six years, as well as the subsequent successful exit process which was finalised on