Synova

We are delighted to share that DM Financial, a leading provider of specialist accounting services to the global alternative asset management industry, has announced the acquisition of Luxembourg-based Phoenix PSF. The acquisition will strengthen the group’s European footprint and follows the successful acquisition of Solutional, rebranded as DM Netherlands, in October 2022. The transaction remains subject to regulatory approval in Luxembourg. Read more: https://lnkd.in/ei6XiwQY & https://lnkd.in/edHJdMfc #FinancialReporting #AccountingServices #DMFinancial #Acquisition #Partnership #Growth #PrivateEquity

We are excited to publish our latest #ResponsibleInvesting Report, showcasing the progress of our RI activities and highlighting portfolio performance throughout 2023. Our portfolio companies have made impressive strides across a range of #sustainability topics, and we are proud to present these advancements through a series of case studies spanning our investment sectors and key focus areas. We look forward to continuing to embed RI principles into our investment approach and to fostering ongoing partnerships with our portfolio companies. Read more: https://lnkd.in/eQXeEA4m #Growth #Partnership #PrivateEquity

We are delighted to share that Mecsia, a leading national provider of compliance-led, technical inspection, testing and maintenance services, has announced the acquisition of Glasgow and Warrington-based ECG Facilities Services. The strategic acquisition will further bolster Mecsia’s growth trajectory, enhancing its regional capabilities and expanding its service offerings to clients across the UK. The acquisition of ECG strengthens Mecsia’s position as a nationwide technical services provider and expands the group to 1,200 people with a combined turnover of £200m. Read more: https://lnkd.in/eQFnt4Tv #TechnicalServices #Compliance #FacilitiesManagement #Mecsia #Acquisition #Partnership #Growth #PrivateEquity

We are delighted to announce Synova’s first exit from a Continental European investment, with the sale of Basel based Avantra to funds managed by Resurgens Technology Partners, returning 4.5x invested capital. Avantra is the market-leading AIOps software platform for the SAP ecosystem allowing clients to both monitor and automate SAP infrastructure using artificial intelligence. We are proud to have supported CEO, John Appleby and the #team through a period of transformational change and growth which included significant expansion into the North American market. We wish Avantra every success in the future. Synova proud to #partner   Read more https://lnkd.in/eUQXqGtZ   #PrivateEquity #Growth #Partnership #Software #SAP #ArtificialIntelligence #Development #International #Expansion

We are thrilled that Synova has been shortlisted by the judges in two separate categories in the Mergermarket British Private Equity Awards: - 'Small Buyout Exit of the Year Award' - InsurEvo (formerly AllClear - Voted UK's No.1 for Customer Care) - 'Mid-Market Buyout House of the Year Award' This follows an extremely strong year for Synova with 3 exceptional exits at an average multiple of 5.6x and 31 new deals across the portfolio. Synova was also ranked by Preqin as the UK’s top performing private equity fund. We'd be hugely grateful for your support. Voting closes on Thursday 12 September so if you'd like to vote for us, please do here: https://lnkd.in/eJ6PqYTx #PrivateEquity #Awards #OneSynova

We are delighted to share the acquisition of InsurEvo Group (including AllClear - Voted UK's No.1 for Customer Care, InsureandGo UK and #JustCover) by NSM Insurance Group has received regulatory approval and has now completed, generating a 7.3x return for Synova. We have enjoyed a wonderful #partnership with Chris Rolland, Cameron Jack and their #team and wish them continued success on their journey with Geof McKernan and his colleagues at NSM. Synova proud to #partner #PrivateEquity #Growth #FinancialServices #Travel #Insurance #Technology #Data #FinTech

Delighted to share that National Education Group, a market-leading provider of digital content and software solutions that empower education workforces worldwide, has acquired BlueSky Education, the leading online platform for workforce appraisals and performance management in schools. Combining BlueSky’s pioneering appraisal management with NEG’s award-winning professional development platform, The National College, will transform how schools manage professional development for their staff. Synova proud to #partner Read more https://lnkd.in/e8GDZjNE #Acquisition #Partnership #Growth #PrivateEquity #Education #Software #Schools #PerformanceManagement

Delighted to have reached agreement for the sale of InsurEvo Group (including AllClear - Voted UK's No.1 for Customer Care, InsureandGo UK and #JustCover) to US headquartered NSM Insurance Group, returning 7.3x invested capital. Synova’s #partnership with Chris Rolland, Cameron Jack, and their talented #team, adds another chapter to Synova’s highly successful Financial Services story. We wish them well on their journey with Geof McKernan and his colleagues at NSM. Synova proud to #partner Read more https://lnkd.in/eFGbVZiH #PrivateEquity #Growth #FinancialServices #Travel #Insurance #Technology #Data #FinTech

We are delighted to share that Halma plc has acquired MK Test Systems, a global leader in testing safety critical, high voltage electrical systems in the aerospace, rail and commercial EV industries, generating a return of 3x invested capital for Synova. We are proud to have supported Managing Director, Jason Evans and the #team through a transformational period of growth, technological development and international expansion. We wish MK Test every success in the future. Synova proud to #partner Read more https://lnkd.in/e9iTUM4n #PrivateEquity #Growth #Partnership #Tech #Services #Aerospace #Rail #EV #Testing

Synova is excited to announce our investment into Synectics Solutions, the leading provider of software and data solutions to mitigate fraud and financial crime risks. We are delighted to be partnering with the Shanahan family to both support Synectics’ next phase of expansion and invest further in the Company’s innovative technology solutions. We look forward to working with CEO Richard Wood, and the wider Synectics #team.   #Growth #PrivateEquity #Partnership #Software #Data #FinancialServices #Fraud #FinancialCrime