Latest News & Media
6th July 2016
NVM Private Equity (NVM) has invested in Lending Works, a rapidly growing consumer Peer-to-Peer (P2P) lender based in London. The funding will be used to continue the growth trajectory of the business through building additional loan distribution channels, growing the team and through continued investment in the technology platform.
5th July 2016
NVM Private Equity (NVM) has invested £2.0 million as part of a £3.4 million funding round in AVID Technology Group (AVID), a leader in the design and manufacture of electrified vehicle powertrain systems that improve vehicle efficiency and reduce emissions. AVID’s innovative technology is used by many leading vehicle manufacturers to improve the efficiency of their diesel engine products and enable their high performance electric, hybrid and fuel cell vehicle powertrains. AVID has also retrofitted its Micro Hybrid System, which has been in independent customer testing and shown to improve the efficiency of buses and off-highway machinery by up to 10% to thousands of vehicles throughout the world. The funding will increase engineering and manufacturing capability and capacity at its Cramlington facility to meet the needs of its customers.
1st June 2016
NVM Private Equity (NVM) has today announced its exit from Silverwing Group in a sale to Eddyfi NDT Inc. Silverwing develops and manufactures a wide range of Non Destructive Testing (NDT) solutions which are used to inspect storage tanks, vessels and pipework for corrosion, principally for the petrochemical industry. Their corrosion mapping systems are used by many of the world’s leading oil companies to help ensure that their refining and storage facilities remain safe to operate. NVM’s funds have achieved a gross money multiple of 2 times on their original investment.
5th May 2016
NVM Private Equity (NVM) has led the recent fundraising round for Manchester based software company MPD Group. NVM has invested £2.5 million which will enable the business to continue to develop and deploy their new, disruptive Electio SaaS product. Electio is an innovative and effective delivery management platform enabling retailers to rapidly increase the number of delivery options they offer to their customers.
10th March 2016
NVM Private Equity (NVM) has successfully exited from Control Risks Group Holdings (Control Risks), a specialist risk consultancy which helps some of the most influential organisations in the world understand and manage the risks and opportunities of operating in complex or hostile environments.
2nd March 2016
NVM Private Equity exits Kitwave Wholesale Group in sale to US investors, Pricoa Capital Group and Allstate Investments.