Scottish Equity Partners Announces $25M Investment in Basis Technologies apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
By Scott Wright IT is the nature of entrepreneurs to detect opportunities during times of tumult. As he surveys a Scottish business scene that has been torn asunder by the pandemic over the last 12 months, Chris van der Kuyl sees plenty of that enterprise in action. Some of that is very close to home. Mr van der Kuyl and business partner Paddy Burns saw their backing of Parsley Box, the Edinburgh-based ready meal delivery business, rewarded handsomely last month when the results of a successful initial public offering (IPO) were announced. The IPO valued Parsley Box, which joined the Alternative Investment Market on March 31, at more than £84 million, with Messrs van der Kuyl and Mr Burns among those sharing in a £12m pot returned to shareholders as a result of the share offer.
Combined Technologies to Accelerate Discovery Processes labmate-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from labmate-online.com Daily Mail and Mail on Sunday newspapers.
AutoRek has 85 employees By Scott Wright AUTOREK, the Glasgow-based fintech company, has signalled plans to expand internationally and step up its product development plans after securing a “significant growth equity investment”. Scottish Equity Partners (SEP) has made the undisclosed investment amid growing demand for AutoRek’s cloud-based financial reporting, data management and reconciliation software. AutoRek’s clients include major financial institutions such as Bank of England, Lloyds Banking Group and Nationwide. While the specifics of the SEP investment were not disclosed, a spokeswoman said it had been made under the private equity firm’s £260 million SEPV fund. AutoRek, which was established in 1994 as a Microsoft consultancy business, employs 85 staff across its offices in Glasgow, Edinburgh and London, having placed “huge focus” on expanding its headcount in the last five years. And it expects staff numbers to “accelerate” further to the
170 hospitality, retail and leisure jobs set for Perthshire heraldscotland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldscotland.com Daily Mail and Mail on Sunday newspapers.