Apple’s former director of US consumer retail, and the co-founder of Social Chain have been named as investors in Illuma, an adtech business that’s spearheading the future of advertising, alongside venture capital investor, Praetura Ventures. The company, which is already disrupting the digital advertising industry with its unique GDPR-compliant AI platform, uses contextual signals from […]
Scribe Security, a provider of a SaaS platform for securing software across various supply chains, raised more than $7m in a seed round led by Elron Ventures and joined by Tal Ventures, YYM Ventures, and others. The new funding will help Scribe bring its end-to-end solution to a market that is thirsty for innovation in […]
UK mortgage lender Enra Specialist Finance has announced today, that it has completed its second public securitisation, backed by a portfolio of buy-to-let and prime second charge mortgages. The transaction comprises a £285m portfolio of first charge BTL and prime second-charge mortgages, originated under Enra’s lending brand West One Loans. The securitisation follows a record […]
Arbuthnot Commercial ABL structured the funding package to support the day-one purchase consideration together with additional working capital headroom for growth post-completion. Midlands-based P+P joins Bornmore Metals, whose acquisition was funded by Arbuthnot Commercial ABL in 2019, as a member of the Steel Dynamics Group family of companies and brings strong product synergies and economies […]
United Trust Bank’s property development loan book has exceeded £1bn for the first time following a record year of new originations. The specialist lender has expanded the property development sales team to 24 property development directors and managers supporting housebuilders operating across England and Wales. In addition, last year UTB formed a number of strategic […]
Developer marketplace platform Deazy has closed a Series A funding round of £5m ($6.8m), through investment from Puma Private Equity. Deazy will use the funding to scale its commercial teams to accelerate growth, double down on its platform vision and further build out its development teams. Deazy was founded in 2016 and connects enterprises, VC […]
Fiduciam, the institutionally funded lender to housebuilders and entrepreneurs, has provided a £5.3m Recovery Loan Scheme facility for the development of an affordable retirement living scheme in East Anglia. The facility’s LTV limit is 75%. The 30-unit development has an innovative concept combines horizontal living, such as bungalows, and direct access to outside space, with […]
Specialist business property adviser, Christie & Co, has announced the sale of Sunny Days Nursery in Honiton, Devon. Sunny Days Nursery is a busy children’s day nursery with capacity for up to 55 children aged 0 to 5-years. The setting sits in a self-contained facility, operating across two storeys and comprising several well-equipped age-related playrooms […]
Trailstone Group (“Trailstone”) is pleased to announce the successful signing of its €175,000,000 multicurrency secured uncommitted revolving credit facility for use by Trailstone Renewables GmbH. The facility was arranged by ING Bank N.V., who acted as sole arranger, security agent, facility agent and fronting bank. The structure of the facility follows the green loan principles […]
ThinCats, the leading alternative lender to mid-sized SMEs has provided, independent, digital creative marketing agency, O’Neill Modern Media (“OMM”), with funding to support a partial exit of the founding shareholders by way of a management buy out (MBO). The transaction was advised by HMT Corporate Finance. OMM are an independent creative, technology & large format […]
