
Maven invests £1.5m in Adam Communication Systems
Maven Capital Partners has backed a £1.5m investment in building energy management systems company, Adam Communication Systems.
The capital will provide the company with working capital to fund business development, and also finance the recruitment of additional sales and operational staff, to support the fulfilment of recently received client orders.
Maven made the investment from the £30m pool of funds it is managing as part of UK government-backed Capital for Enterprise Fund.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Gail Mwamba on +44 20 7 968 4505 or gail.mwamba@incisivemedia.com
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater