Weezy, the UK’s leading on-demand superfast supermarket that delivers groceries in only 15 minutes, has raised $20m in Series A funding to expand its grocery delivery service across London and the broader UK. The new investment was led by New York-based venture capital fund Left Lane Capital. Also participating are UK-based fund DN Capital, earlier […]
The global mergers and acquisitions (M&A) deal value amounted to $3.6tr in 2020. The figure set a three-year low, slightly higher than the previous low of $3.2tr set in 2017. According to the research data analysed and published by Sijoiturahastot, global M&A deal value in the first six months of the year totaled $1.2tr. Compared […]
Property bridging and development lender, KHK Capital, has secured a £25m funding line from UK savings and lending specialist, Shawbrook Bank. The new financing line enables KHK Capital to meet rapidly growing demand from new and repeat customers for lending solutions on a diverse range of residential and commercial property. “KHK Capital has been a […]
Birmingham-based tele-optometry manufacturer Eyoto,has secured funding from the Midlands Engine Investment Fund (MEIF) WM Equity Finance Fund, managed by venture capital firm Midven as part of a £2.5m funding round. Other investors in the round included Mercia Asset Management, the Future Fund and a group of angel investors. Launched in 2013, from an Aston University School of Optometry project, Eyoto combines its knowledge […]
Specialist asset-based lender, BREAL Zeta has completed a £90m refinance of EVO Business Supplies (‘EVO’). The facility included a £9m structured term loan. BREAL Zeta led the structuring and financing of the substantial facility, working with club partner, Leumi ABL. The flexible asset-based lending deal will see EVO, the UK’s largest multi-channel distributor of business […]
Penrith-based Genesis Homes, a housing developer, has secured £1m of Coronavirus Business Interruption Loan Scheme funding through Santander UK, to continue its roll out of housing development sites in the coming year. Since launching in 2017, Genesis Homes has built and sold a total of 158 homes over five developments. The funding package will ensure […]
The UK’s largest supplier of off-grid renewable energy solutions is set for a brighter future following a £2.75m investment. Prolectric Services Ltd is to accelerate ambitious growth plans following the funding boost, which will include increasing its provision of a “green” alternative to traditional diesel fuelled lighting systems. The firm provides solar lighting, power and […]
Specialist business property adviser, Christie & Co, has brought to market a former children’s day nursery in Alford, Aberdeenshire. Established over 25 years ago, this former day nursery, previously operating as Alford Day Nursery, comprises a nursery with effective operating capacity for 30 children aged zero to five-years-old, and a lovely four-bed owner’s accommodation attached. […]
Arbuthnot Commercial Asset Based Lending (“ABL”) has structured a £6.5m facility for IT Fleet Automotive (ITFA), comprising a £4.5m receivables finance line, together with an additional £2m CBILS term loan. The combined refinance package provides further liquidity for the business to manage the impact of Covid-19 and an increase in working capital to fund future […]
Gatehouse Bank today announces the sale of its Thistle Build to Rent (BTR) property portfolio to Goldman Sachs Merchant Banking Division and Pitmore for a total consideration of circa £150m. The deal, the largest transaction of its nature in the UK to date, comprises a portfolio of 918 units, predominantly two-and-three-bedroom homes across North-West England. […]
