THE management team at Aero Stanrew, one of the UK’s leading designers and manufacturers of specialist electronic components for the global aerospace industry, will exploit emerging overseas markets to increase sales and profits at the company following a management buyout.
WestBridge Fund Managers ("WestBridge") has completed a further investment into e2train Ltd ("e2train") to support the acquisition of Intraventure Limited ("Intraventure"), a Cheltenham based niche talent management software and consulting business. The company's bankers, Royal Bank of Scotland, provided additional debt facilities to support the acquisition.
We are delighted to announce the successful First Close of the WestBridge SME Fund.
The commitments received to date and the continuing interest from investors istestament to the strong track record of the WestBridge partners in investing in profitable UK SMEs, and the scale of the market opportunity.
WestBridge Fund Managers (“WestBridge”) has completed the MBO of the e-learning business, e2train Ltd. Funds managed by WestBridge total c£1.2m, with a significant proportion to be bridged into its forthcoming £50 million WestBridge SME Fund. The remaining monies for the transaction came from the management team with debt finance provided by Royal Bank of Scotland.
Wales Fund Managers (WFM) is defying the current economic climate by embarking on a recruitment drive. WFM is the only independent private equity firm in Wales, and specialises in backing established, profitable SME's across the UK.
Wales Fund Managers Limited (“WFM”) has completed a £200,000 development capital investment in The Healthcare Learning Company Limited (“HLC” or “the Company”) from the HSBC UK / Finance Wales Fund for Wales fund. The investment was the final element of a £910,000 fund raising exercise undertaken by the Company. The transaction values HLC on a pre money basis at £3.4 million.