NorthEdge's Jigsaw24 picks up Matrix

Following NorthEdge's acquisition of Jigsaw24 in April last year, the private equity firm supported its purchase of London-based Square Group, a business-to-business supplier of Apple products, in June.

Jigsaw24 supplies Apple products and Adobe software to the creative and education industries.

Company
Knutsford-based Matrix provides a master data management software application, which integrates product management and publishing software. Its software is used mainly by retailers, including Next, Maplin, Go Outdoors and Boden.

People
Martin Balaam is CEO of Jigsaw24. Nick Speakman is managing director of Matrix. Tom Rowley is investment director at NorthEdge.

Advisers
Equity – Field Fisher (Legal); BDO (Financial due diligence); Intuitus (IT due diligence).

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• Topics
• UK / Ireland
• Expansion
• Technology
• NorthEdge Capital