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Specialist direct lender Beechbrook Capital has held a final close of its UK SME Credit fund with commitments in excess of £150m and has completed two new investments. Led by Jon Herbert, Beechbrook managing director, Beechbrook Capital UK SME Credit I backs small and medium-sized businesses in the UK with a turnover of between £10m and £100m and EBITDA of more than £1m.  It attracted investors from across the UK, Continental Europe and North America.   The fund is already more than 30 per cent committed.  

Asian investors could turn their back on America and channel billions of pounds worth of investment into Britain’s tech sector following the election of US President Donald Trump, according to a leading advisory firm. Europe’s tech sector could see investment from Asia, and in particular China, double to a record £93bn this year, with the UK taking a significant slice of the capital.  Trump’s threat of punitive trade tariffs against China, coupled with cheaper UK deals driven by the Brexit-hit pound will drive the trend, analysts say. Much of the sentiment and

InvestCloud Inc., a Los Angeles, California-based provider of a digital platform that gives wealth managers access to Client Portals, Mobility and Advisor Portals, acquired Babel Systems Limited, a London, UK-based provider of a trade and accounting platform, for $20m. Led by Steve Wise, CEO, Babel provides a multi currency and multi language modular platform featuring Order Processing, Settlement, Custody, Accounting, Fees and Charges, Corporate Actions, Compliance, Payments and Portfolio Management to clients including robo advisor Nutmeg and other wealth managers and family offices. The acquisition will enable InvestCloud to add trading,

The Telecoms Sector has seen a flurry of activity in recent months with new acquisitions and investments being announced almost daily.  Here is a roundup of a few of the deals which caught our eye over the last couple of weeks. Daisy Completes On Alternative Acquisition The Daisy Group recently announced the completion of its acquisition of Alternative Networks plc Aa part of its continuing corporate acquisition strategy. Daisy Group believes Alternative Networks represents a strong and complementary fit with its existing business and operations and this latest acquisition builds upon the

Why is it that some companies find it easier to raise £500,000 when they barely have a business plan and one employee and yet can struggle to raise £5m three years from launch, having built strong revenue streams, won loyal customers and broken into new markets? It’s a problem that has blighted the British startup world for years but it is finally getting attention, with both the prime minister and the chancellor recognising that companies find it hard to make the leap from startup to scaleup. But they have taken

The UK government has pledged to spend billions of pounds on technology and science as part of its new and “ambitious” way of doing business in Britain. Prime Minister Theresa May announced a new £2bn annual fund to boost the UK’s technology and science sectors, with a particular focus on robotics and biotechnology. The Government will also assess how the new fund can best support other emerging fields such as AI, medical technology and satellites. The Prime Minister said: “Our modern Industrial Strategy will be ambitious for business and ambitious for