Manchester-based Intuita, a leading supplier of software to the UK construction industry has announced its merger with EVision Ltd as part of a buy-and-build strategy. Intuita, which underwent a management buyout last month, has followed the MBO with the merger of EVision Ltd in the same month.
Sale of the drive technology unit saw interest from sponsors including CVC, Triton and Brookfield
AUM bump driven by commitments to CapMan Nordic Real Estate III and CapMan Growth II funds
This round is an extension to an €11m series-B investment raised by the company in July 2019
Elevat3 Capital and German energy group EWE also back the green project-financing platform