Generated by All in One SEO Pro v4.9.10, this is an llms.txt file, used by LLMs to index the site.

# Cavendish

Cavendish is a champion for ambitious companies.

## Sitemaps

- [XML Sitemap](https://www.cavendish.com/sitemap.xml): Contains all public & indexable URLs for this website.

## Posts

- [Why preparation will define successful exits in 2026](https://www.cavendish.com/why-preparation-will-define-successful-exits-in-2026/) - No Content No Content By dan marchinton, director at cavendish For business owners considering an exit, the question is often framed as one of timing: is now the right moment to sell? In reality, the answer is more nuanced. Market conditions matter, but in 2026 outcomes are increasingly driven by preparation, optionality and the ability
- [HealthTech Insights](https://www.cavendish.com/healthtech-insights/) - No Content No Content By Cavendish HealthTech remains one of the most dynamic and resilient investment sectors, with AI-driven innovation, regulatory shifts, and evolving M&A trends shaping its trajectory. Our latest HealthTech Q1 Report provides in-depth insights into: The impact of AI and automation on healthcare efficiency and patient outcomes Key regulatory developments and government-backed
- [GovTech 2025: The UK’s next big tech opportunity?](https://www.cavendish.com/govtech-2025-the-uks-next-big-tech-opportunity/) - No Content No Content By Cavendish After a period of steady build-up, momentum in the UK GovTech sector is accelerating. In our latest technology report, we explore how public sector transformation, digitalisation, and AI are creating new opportunities for technology businesses and investors. Government reform, increased adoption of cloud and as-a-service models, and a surge
- [Cavendish Technology Advisory](https://www.cavendish.com/cavendish-technology-advisory-2026/) - 2026 Perspectives & 2025 Review No Content By Cavendish 2025 proved the resilience of the UK mid-market tech sector, with strong demand for high-quality, recurring-revenue software businesses. Looking ahead to 2026, easing macro pressure, AI adoption and well-funded buyers should support a more active and confident M&A market” Anthony PlattPartner and Head of Technology, M&A
- [UK Defence M&A: Why 2026 Could Be a Defining Year for SME](https://www.cavendish.com/uk-defence-ma-why-2026-could-be-a-defining-year-for-sme/) - No Content No Content By Cavendish European defence stocks are now trading at a premium to their US counterparts. EV/EBITDA multiples sit at 20.7x in Europe against 18.2x in the US. At the transaction level, deals are recording multiples from a median of 10.9x to an upper quartile of 19.9x. The gap between those two
- [Cyber Security Insights](https://www.cavendish.com/cyber-security-insights/) - No Content No Content By Cavendish Cyber security continues to sit firmly on board agendas, but the M&A market is entering a more selective phase. Threat levels remain high, regulation is tightening and AI is reshaping both attack and defence. At the same time, capital is becoming more disciplined and buyers are clearer about what
- [Reflections from our Funding & Growth Forum with the London Stock Exchange](https://www.cavendish.com/five-reasons-to-ipo/) - No Content No Content What the public markets really require: reflections from the LSEG Growth & Funding Forum. Last week, Cavendish joined London Stock Exchange Group for the Growth & Funding Forum - a day of frank, practitioner-led conversation about the case for public markets, and what it actually takes to get there. Across two
- [Five Reasons to IPO](https://www.cavendish.com/five-reasons-to-ipo-2/) - No Content No Content An IPO isn't just about raising money. It never was. We hear this repeatedly from founders - the real reasons ambitious businesses choose to go public go far beyond capital. 1. Flexible access to capitalListed companies can raise efficiently and repeatedly, whether to fund organic growth, pursue acquisitions, or strengthen the
- [The buyers are ready. Are UK defence businesses?](https://www.cavendish.com/the-buyers-are-ready-are-uk-defence-businesses/) - No Content No Content By ANTHONY PLATTPARTNER & HEAD OF TECHNOLOGY M&A I was recently a panellist at the Henslow Defence and Security Conference in Sydney - joined by Ken Fukumoto of Janes Capital Partners and Raphaël Petit of Oaklins France. The conversations there - on capital, on cross-border appetite, on where acquirers are actively
- [Food and Drink M&A: What money can't build](https://www.cavendish.com/food-and-drink-ma-what-money-cant-build/) - No Content No Content By Cavendish The brands attracting the strongest acquisition interest in food and drink right now don't come from the R&D pipelines of the largest FMCG groups. They're being built by founders, often with limited capital, and acquired at significant premiums once they've established something large organisations struggle to manufacture: genuine consumer
- [Shaping Business: The Women Defining What's Next - May](https://www.cavendish.com/shaping-business-may-2026-edition/) - No Content No Content By Cavendish The May 2026 edition of Shaping Business features founders who have backed their conviction with action, investors who are building structural change rather than waiting for it, and insight from Cavendish's own Beauty & Wellness M&A report. In this edition:• Dr. Katie King and Dr. Leonor Teles from BioOrbit have
- [Accounts Payable](https://www.cavendish.com/accounts-payable/) - No Content No Content By Cavendish Accounts Payable Job Title London, City Location Accounts Department Financial Controller Reporting Manager 40 hours per week, Monday to Friday Hours Permanent Contract Type Cavendish is a leading UK champion for ambitious growth and investment companies. Trusted by both public and private businesses across a wide range of industry
- [Onward Opportunities: From AIM IPO to Main Market](https://www.cavendish.com/onward-opportunities-from-aim-ipo-to-main-market/) - No Content No Content By Cavendish The capital raised just would not have happened in the same way without Cavendish’s vision and resourcefulness." Laurence HulseFOUNDER & LEAD MANAGER, ONWARD OPPORTUNITIES Onward Opportunities Limited (“Onward”) was admitted to the Main Market of the London Stock Exchange on 16 April 2026, with Cavendish acting as Sponsor. The
- [The beauty and wellness businesses buyers are competing for right now](https://www.cavendish.com/the-beauty-and-wellness-businesses-buyers-are-competing-for-right-now/) - No Content No Content By Cavendish The beauty and wellness sector continues to attract strong buyer interest - but the deals generating real competitive tension share a common set of characteristics that go beyond headline revenue. Over the past 12–24 months, the bar has shifted. Growth still matters, but buyers - strategics and private equity
- [The Deal-Maker’s Playbook: Building, Selling and Scaling with Lord Leigh of Hurley](https://www.cavendish.com/the-deal-makers-playbook-building-selling-and-scaling-with-lord-leigh-of-hurley/) - No Content No Content By Cavendish Lord Leigh of Hurley, Senior Partner and Co-Founder of Cavendish Corporate Finance in 1988, recently joined Suleman Sacranie on PrimeStart's Inside the Founder’s Mind podcast. In the episode, he reflects on building Cavendish Corporate Finance to becoming a leading adviser in the UK mid-market. Drawing on decades of experience
- [Marketing Events Assistant](https://www.cavendish.com/marketing-events-assistant/) - No Content No Content By Cavendish Marketing Events Assistant Job Title London, City Location Marketing Department Marketing Director Reporting Manager 40 hours per week, Monday to Friday Hours Permanent Contract Type Cavendish is a leading UK champion for ambitious growth and investment companies. Trusted by both public and private businesses across a wide range of
- [Energy, Power & Resources](https://www.cavendish.com/cavendish-energy-power-review/) - 2026 Perspectives & 2025 Review No Content By Cavendish 2025 was dominated by geopolitical fragmentation reshaping global Energy and Resources markets. Volatility across commodities, policy intervention and shifting trade dynamics placed capital discipline firmly at the centre of strategic decision-making, as companies navigated increasingly complex operating conditions.Across the sector, growth was uneven. Some commodities experienced
- [HR Analytics Associate](https://www.cavendish.com/hr-analytics-associate/) - No Content No Content By Cavendish HR Analytics Associate Job Title London, City Location Human Resources Department HR Director Reporting Manager Full Time (9:00am to 5:30pm, Monday to Friday) Hours Permanent Contract Type Cavendish is a specialist investment bank and trusted adviser to high-growth companies and their investors. We provide a full suite of services
- [Financial Services Advisory](https://www.cavendish.com/financial-services-review/) - 2025 Update No Content By Cavendish “In a year defined more by selectivity than volume, financial services M&A rewarded clarity of business model and operational discipline.” Ben Goldring, Partner & Head of Financial Services, M&A Despite ongoing macroeconomic uncertainty, 2025 proved a year of resilience and selective recovery across UK and European financial services. While
- [Cavendish Industrials and Business Services Advisory](https://www.cavendish.com/cavendish-industrial-and-business-services-advisory-2026/) - 2026 Perspectives & 2025 Review No Content By Cavendish 2025 saw significant macroeconomic, geopolitical, and policy shifts. Together these factors were pivotal in reshaping the competitive landscape, driving growth opportunities in some areas, whilst acting as significant headwinds in others.Nowhere was positive momentum more striking than in Defence, where defence-related equities regained structural portfolio status
- [Life Sciences](https://www.cavendish.com/cavendish-ilife-sciences-advisory/) - 2025 Summary and 2026 Outlook No Content By Cavendish In 2025 healthcare remained an attractive sector due to significant capital inflows globally and the sector’s defensive, counter-cyclical profile appeals in a macro environment of uncertainty and late-cycle economic risks. Long-term demand drivers remain (ageing population, long term conditions, NHS pressures) and whilst there was a
- [Investor Relations](https://www.cavendish.com/investor-relations/) - No Content No Content By Cavendish Investor Relations Job Title London, City Location Investor Relations Department Head of Investor Relations Reporting Manager 40 hours per week, Monday to Friday Hours Permanent Contract Type Cavendish is a leading UK champion for ambitious growth andinvestment companies. Trusted by both public and private businessesacross a wide range of
- [Cavendish Celebrates Pathos Communications’ Successful AIM Admission](https://www.cavendish.com/delivering-for-clients-cavendish-the-uks-most-active-ipo-adviser-in-2025-2/) - No Content No Content By Cavendish The health of the UK capital markets affects every individual and every business in the country.” LISA GORDONCHAIR, CAVENDISH Fourth IPO of 2025 reinforces Cavendish’s position as the UK’s most active IPO adviser. Cavendish is pleased to congratulate the management team and shareholders of Pathos Communications plc on the
- [After the Budget: What's Next for the UK Economy?](https://www.cavendish.com/transforming-the-nhs-unlocking-a-triple-dividend-2/) - No Content No Content By Cavendish Date: Thursday 27th November 2025Time: 3:30-4:30pmLocation: Online Webinar (Zoom) Roger Lee, Head of Equity Strategy at Cavendish, will share his post-Budget perspective on the UK’s economic direction and what it signals for investors and businesses alike. Drawing on his deep experience analysing market cycles and fiscal policy, Roger will
- [Why padel is emerging as a serious play in UK leisure](https://www.cavendish.com/why-padel-is-emerging-as-a-serious-play-in-uk-leisure/) - No Content No Content By Jananan Nathan Padel is gaining traction across the nation as one of the UK’s fastest-growing sports. The sport has quickly established itself as an increasingly popular alternative to its traditional racquet counterparts, with the Lawn Tennis Association recently announcing the milestone of 1,000 courts across the nation and a player
- [Why Global Companies Scale Through the London Stock Exchange: 5 Key Insights](https://www.cavendish.com/why-global-companies-scale-through-the-london-stock-exchange-5-key-insights/) - No Content No Content By Cavendish London still offers strategic advantages for ambitious international businesses, whether considering an IPO, a dual listing, or their next phase of growth.” Giles BallenyCorporate Finance Management Director,Cavendish Cavendish joined the recent London Stock Exchange panel to explore why London remains a compelling launchpad for global growth. Giles Balleny, Director
- [Why the market is wrong about construction risk in 2025](https://www.cavendish.com/why-the-market-is-wrong-about-construction-risk-in-2025/) - No Content No Content By max hayes Markets remain wary that a mispriced contract could destabilise an entire business – these concerns are increasingly outdated.” Max Hayes Research AssociateCavendish For years, UK construction has been perceived as a risky sector, with high-profile corporate collapses reinforcing investor sentiment that risks outweigh the rewards. Today, the sector’s
- [From production to platform: The new infrastructure of Femtech](https://www.cavendish.com/from-production-to-platform-the-new-infrastructure-of-femtech/) - No Content No Content By Cavendish The UK and European femtech sector has never been more active.Funding is rising. Founders are innovating. But the real shift?The move from product to platform.The companies gaining the most investor interest aren’t just solving one problem - they’re building the infrastructure to solve many. In our latest Women of
- [Cavendish expands with new office in Manchester](https://www.cavendish.com/cavendish-expands-with-new-office-in-manchester/) - No Content No Content By Cavendish Cavendish has opened a new office in Manchester to launch the business’ expansion into the regional mid-market and the North West. To lead this regional growth strategy, Cavendish has appointed Oliver Tebbutt as a Partner in the firm. A recognised and respected adviser in the market, Oliver brings more
- [Bright spots in a difficult market: how QSR operators are winning in 2025](https://www.cavendish.com/bright-spots-in-a-difficult-market-how-qsr-operators-are-winning-in-2025/) - No Content No Content By HENRY WELLS Anyone involved in the UK’s hospitality sector knows all too well the sector is facing many significant challenges. While inflationary pressures have cooled from their 2023 highs, economic headwinds remain after the fallout of the Autumn Budget, where the government seemed to ignore all requests to support a
- [Consumer Note Sub-Sector in Focus: Health & Wellness](https://www.cavendish.com/consumer-note-sub-sector-in-focus-health-wellness/) - No Content No Content By Cavendish After a quieter cycle, M&A activity in the health and wellness space is picking up pace. In our Q2 2025 Consumer Note, we explore the return of strategic and financial buyers across categories from supplements to lifestyle platforms. Investor focus is sharpening around businesses with: Clear scientific or clinical
- [Lisa Gordon named City Champion of the Year at the 2025 City AM Awards](https://www.cavendish.com/lisa-gordon-named-city-champion-of-the-year-at-the-2025-city-am-awards/) - No Content No Content By Cavendish “I’m honoured to receive this award. Capital markets are a force for good, and the City thrives on ambitious, high-growth companies. Through Cavendish and CMIT, I’ve been proud to work with others driving real progress. There’s more to do, but the City’s energy and unity give me confidence in
- [Consumer Quarterly Report Sub-Sector in Focus: Restaurants](https://www.cavendish.com/consumer-quarterly-report-sub-sector-in-focus-restaurants/) - No Content No Content By Cavendish Cavendish’s Consumer Quarterly Report explores the key themes impacting the UK consumer landscape, with a particular spotlight on the Restaurants sub-sector. This edition offers insights into recent headwinds, emerging opportunities, and the evolving M&A landscape in the Restaurants sub-sector. Henry Wells, Head of Consumer at Cavendish, commented:"This publication focuses
- [Consumer Sub-Sector in Focus: Apparel and Accessories](https://www.cavendish.com/consumer-sub-sector-focus-apparel-and-accessories/) - No Content No Content By Cavendish Cavendish’s Consumer Quarterly Report reviewing Q4 2024, looks at some of the key themes impacting the UK consumer. For this quarter, we also explore the key M&A trends across the sector, with a spotlight on Apparel & Accessories - a sub-sector which for much of 2024 was unloved, but
- [Built Differently: How Women Are Redefining Growth in British Business](https://www.cavendish.com/built-differently-how-women-are-redefining-growth-in-british-business/) - No Content No Content By Cavendish Each year, the Sunday Times 100 Fast Growth list highlights the UK’s fastest-scaling private companies. This year, 28 of them were founded or co-founded by women. That number alone is a signal. But at Women of Influence, we’re not just interested in who is growing. We’re asking how.How do
- [The Joy of Techs](https://www.cavendish.com/the-joy-of-techs/) - No Content No Content By Cavendish This report forms part of our premiumresearch. Please contact research@cavendish.comif you would like full access. Ransomware hits the High Street: the high-profile ransomware attacks on Marks & Spencer, the Co-Op, and Harrods, bring discussion of cybersecurity to the fore again. Various discussions surrounding SIM swapping and reliance on passwords,
- [Impact of June Spending Review on UK equities](https://www.cavendish.com/impact-of-june-spending-review-on-uk-equities/) - No Content No Content By Cavendish This report forms part of our premiumresearch. Please contact research@cavendish.com if you would like full access. This was always going to be a difficult Spending Review as overall government spending was set to increase by only 1.2% in real terms, especially given the competing pressures of health and defence
- [Transforming the NHS: Unlocking a Triple Dividend](https://www.cavendish.com/transforming-the-nhs-unlocking-a-triple-dividend/) - No Content No Content By Cavendish Transforming the NHS: Unlocking a Triple DividendIn his 2024 review, Professor Lord Darzi described the NHS as “broken but not beaten.” With the right reforms, it can deliver a triple dividend for the UK:- Better outcomes and satisfaction for patients- Improved productivity within the NHS- A healthier population that
- [Virgin Wines](https://www.cavendish.com/virgin-wines/) - No Content No Content By Cavendish Cavendish is pleased to announce our appointment as the Nominated Adviser and Sole Corporate Broker for Virgin Wines UK PLC. Virgin Wines is one of the UK's largest direct-to-consumer wine retailers, known for its unique wine sourcing model and blending processes, providing premium quality wine at affordable prices to
- [The Wellness Brands Driving M&A Innovation](https://www.cavendish.com/the-wellness-brands-driving-ma-innovation/) - No Content No Content By Cavendish The wellness sector is thriving, with founder-led brands – many led by women - attracting significant attention from global investors. In the past year, a number of UK wellness brands were acquired by major players like Unilever and Yeo Valley Organic, reflecting the growing demand for purpose-driven businesses.What’s driving
- [Navigating the energy profits levy](https://www.cavendish.com/navigating-the-energy-profits-levy/) - No Content No Content By Cavendish Introduced as a temporary measure, the Energy Profits Levy (EPL) has become a defining feature of the UK’s oil and gas landscape. But its evolution—through multiple changes—has created growing uncertainty for investors, operators, and policymakers alike. Introduced as a temporary measure, the Energy Profits Levy (EPL) has become a
- [Delivering for Clients: Cavendish, the UK’s most active IPO adviser in 2025](https://www.cavendish.com/delivering-for-clients-cavendish-the-uks-most-active-ipo-adviser-in-2025/) - No Content No Content By Cavendish The health of the UK capital markets affects every individual and every business in the country.” LISA GORDONCHAIR CAVENDISH Cavendish congratulates the management team and shareholders of MHA plc on the company’s successful admission to AIM today. Cavendish congratulates the management team and shareholders of MHA plc on the
- [The Alumasc Group plc](https://www.cavendish.com/the-alumasc-group-plc/) - No Content No Content By Cavendish Alumasc’s track record of sustainable profit and dividend growth is a testimony to its strategy to drive growth from its premium sustainability-linked products and brands, supplemented with growing exports and selective acquisitions. We are delighted to be extending our remit with the Company and look forward to supporting its
- [Brickability](https://www.cavendish.com/brickability/) - No Content No Content By Cavendish Since IPO in 2019, Brickability has built an enviable track record of both organic and strategic inorganic growth through the execution of the Group's differentiated and agile, capital-light business model. We look forward to working closely with Frank Hanna, Mike Gant and the wider team to support Brickability's continued
- [London’s Capital Markets: Open for Ambitious Companies](https://www.cavendish.com/londons-capital-markets-open-for-ambitious-companies/) - No Content No Content By Cavendish Cavendish: Last Growth Market IPO of 2024, First of 2025.Cavendish is the leading UK investment bank for growth companies, operating across private and public markets. Cavendish ended 2024 with the final IPO of the year and has already set the tone for 2025, with the first London growth market
- [AIM and Growth Company IPO Forum](https://www.cavendish.com/aim-and-growth-company-ipo-forum/) - No Content No Content By Cavendish "I can’t overstate what listing on AIM did for Ideagen and our progression towards becoming a tech unicorn. It offered access to vital capital, increased visibility and the support needed to scale and innovate.AIM provides a platform for small and medium-sized enterprises to turn potential into success. The nature
- [Cavendish delivers a strong performance in M&A in 2024.](https://www.cavendish.com/cavendish-delivers-a-strong-performance-in-ma-in-2024/) - No Content No Content By Cavendish Cavendish, the leading investment bank for ambitious companies, has delivered a standout performance in its M&A division this year despite UK M&A activity levels lagging 2023 deal numbers. The firm has completed 21 M&A transactions year-to-date, underscoring Cavendish’s ability to navigate a challenging market backdrop. Technology and Business Services
- [RC Fornax's AIM Debut at the LSE](https://www.cavendish.com/rc-fornaxs-aim-debut-at-the-lse/) - No Content No Content By Cavendish RC Fornax is a prime example of the kind of ambitious, high-growth company that AIM was designed to support. Their expertise in defence engineering, combined with a clear strategy for expansion and innovation, makes them well-positioned for continued success and rapid growth. We’re proud to have played a role
- [Lisa Gordon appointed to the Capital Markets Industry Taskforce](https://www.cavendish.com/lisa-gordon-appointed-to-the-capital-markets-industry-taskforce/) - No Content No Content By Cavendish It’s an honour to be appointed to CMIT at such a critical juncture for smaller companies. Smaller companies make up a significant proportion of UK capital markets by number and are material contributors toward UK investment, jobs and growth across all regions. The health of the UK capital markets
- [Facing 2024's Challenges Together: Optimism for a Stronger 2025](https://www.cavendish.com/facing-2024s-challenges-together-optimism-for-a-stronger-2025/) - No Content No Content By Cavendish As 2024 draws to a close, at Cavendish we’re proud to reflect on a year of significant achievements and resilience. Despite challenging market conditions, we have continued to deliver for our clients with agility, innovation, and a steadfast focus on results. This year, we have further cemented our position
- [Consumer Sub-Sector Focus: Experiential Leisure](https://www.cavendish.com/consumer-sub-sector-focus-experiential-leisure/) - No Content No Content By Cavendish Cavendish’s Consumer Quarterly Report reviewing Q3 2024, looks at some of the key themes impacting the UK consumer. For this quarter, we also explore the key M&A trends across the sector, with a spotlight on experiential leisure—a sub-sector capturing strong consumer demand for unique, immersive experiences. Henry Wells, Head
- [Software Update](https://www.cavendish.com/software-update/) - No Content No Content By Cavendish As software M&A continues to adapt, Cavendish’s latest Software Update highlights key drivers in valuations and transaction activity. High-growth SaaS businesses remain highly sought after, and demand is intense for companies leveraging AI to enhance product offerings. Anthony Platt, Head of Technology at Cavendish, remarks, “AI is a focal
- [Cavendish sponsors Best Tech at the AIM Awards](https://www.cavendish.com/cavendish-sponsors-best-tech-at-the-aim-awards/) - No Content No Content By Cavendish Cavendish is delighted to announce the shortlisted companies for the Best Technology Award at the upcoming AIM Awards 2024. These businesses have demonstrated exceptional innovation and growth, utilising AIM as a platform to push boundaries in the tech industry.We congratulate all the nomineesActiveOpsConcurrentThe Craneware GroupCreo MedicalEagle EyeMicroliseon their well-deserved
- [Leveraging the UK’s Healthcare & Life Science Sector](https://www.cavendish.com/leveraging-the-uks-healthcare-life-science-sector/) - No Content No Content driving growth in the UK economy At Cavendish, we delighted to have collaborated with leading Healthcare and Life Sciences analysts across the City to address critical challenges and opportunities for our sector. Together, we have penned a joint letter to the UK Government, highlighting six key themes to help the UK
- [Update to the QCA Code](https://www.cavendish.com/update-to-the-qca-code/) - 17th October 2024
- [Economic Update](https://www.cavendish.com/economic-update/) - 18th September 2024
- [Sector Update - Industrials](https://www.cavendish.com/sector-update-industrials/) - November 2024
- [Sector Update - Consumer](https://www.cavendish.com/sector-update-consumer/) - February 2025
- [Quarterly Update & Obtaining Debt Financing](https://www.cavendish.com/quarterly-update-obtaining-debt-financing/) - January 2025
- [Sub-Sector in Focus: Travel](https://www.cavendish.com/sub-sector-in-focus-travel/) - No Content No Content QUARTERLY CONSUMER NOTEAN M&A PERSPECTIVE As we move through 2024, the travel sector is showing promising signs of recovery and growth. Cavendish is pleased to present the latest edition of our Quarterly Consumer Note, offering an M&A perspective on the dynamic shifts within the industry. Some of the key topics covered
- [H1 2024 Tech Update](https://www.cavendish.com/h1-2024-tech-update/) - No Content No Content By Cavendish "2023 posed significant challenges for technology companies, who had to adjust their valuation expectations amidst increased investor caution. However, in H1 2024, demand and investor interest have bounced back. Private equity firms, armed with larger funds, now have substantial capital to deploy. Rising share prices have also boosted strategic
- [AI Strategy and Guidance](https://www.cavendish.com/ai-strategy-and-guidance/) - No Content No Content QUESTIONS FOR THE BOARDROOM To access a comprehensive list of questions around AI, please download the report here Should every company have an AI strategy? Absolutely. Every company needs an AI strategy, not just as a tech initiative, but as a core part of business planning. As NEDs, you need to
- [Meet the New Chair of the AIC](https://www.cavendish.com/meet-the-new-chair-of-the-aic/) - 11th September 2024
- [Shareholder Activism and Engagement](https://www.cavendish.com/shareholder-activism-and-engagement/) - 19th September 2024
- [FCA Publishes Final Rules for Reformed Listing Regime](https://www.cavendish.com/fca-publishes-final-rules-for-reformed-listing-regime/) - No Content No Content By Cavendish “We strongly support these changes - any initiative promoting UK listings is beneficial for the market. The FCA's rule changes, combined with the proposed measures to boost investment in UK equities, represent a significant step towards revitalising the UK's capital markets. These initiatives aim to create a more dynamic
- [Moo litter, no problems: finnCap cleans a canal](https://www.cavendish.com/moo-litter-no-problems-finncap-cleans-a-canal/) - No Content No Content By jonathan bright Jonathan Bright, Digital Content Marketing Manager The likes of away days, team building exercises and corporate social responsibility drives are supremely difficult to get right. Avoiding a cursory nod to doing something ‘good’ and building one’s culture is hard with even the best intention. So, who would have
- [finnCap Research Company Notes - 13 June 2019](https://www.cavendish.com/finncap-research-company-notes-13-june-2019/) - No Content No Content Iofina (IOF) : Corp CBD oil licence approved Key data Share price (p) 16.0 Target price (p) 27.0 Market cap (£m) 31.1 Enterprise value (£m) 36.6 Iofina has taken its first step towards developing its new CBD business, IofinaEX, receiving conditional approval for its Hemp Processor/Handler Licence Application. This business is
- [finnCap Research Company Notes - 4 June 2019](https://www.cavendish.com/finncap-research-company-notes-4-june-2019/) - No Content No Content Frenkel Topping (FEN) : Corp A smart move helping the company to achieve scale Key data Share price (p) 38.5 Target price (p) 45.0 Market cap (£m) 26.3 Enterprise value (£m) 24.3 Outsourcing elements of the DFM allows Ascencia to scale, while simultaneously retaining investment management fees for AUM managed in-house.
- [finnCap Research Company Notes - 22 July 2019](https://www.cavendish.com/finncap-research-company-notes-22-july-2019/) - No Content No Content Tri-Star Resources (TSTR) : Corp First antimony metal produced Key data Share price (p) 43.0 Target price (p) 68.0 Market cap (£m) 40.5 Enterprise value (£m) 44.3 Tri-Star Resources has announced that the SPMP antimony plant in Oman has produced its first antimony metal. It is not yet at the required
- [finnCap Research Company Notes - 9 October 2019](https://www.cavendish.com/finncap-research-company-notes-9-october-2019/) - No Content No Content PCI Pal (PCIP) : Corp FY 2019 is an excellent first full year for new platform Key data Share price (p) 26.5 Target price (p) 50.0 Market cap (£m) 11.3 Enterprise value (£m) 9.8 This is the first full year of the new AWS platform and sales progress has been excellent.
- [finnCap Research Company Notes - 21 January 2020](https://www.cavendish.com/finncap-research-company-notes-21-january-2020/) - No Content No Content dotDigital (DOTD) : Corp Interim trading update Key data Share price (p) 106.0 Target price (p) 135.0 Market cap (£m) 315.2 Enterprise value (£m) 295.9 dotDigital’s trading update confirms strong performance for the six months to December 2019, with adj. EBITDA and adj. PBT expected in line with expectations. Organic revenue
- [finnCap Research Company Notes - 13 February 2020](https://www.cavendish.com/finncap-research-company-notes-13-february-2020/) - No Content No Content Evgen Pharma (EVG) : Corp Investigator-led study in CKD Key data Share price (p) 5.0 Target price (p) 25.0 Market cap (£m) 6.7 Enterprise value (£m) 1.6 Evgen announced that it has entered into a MoU with The University of Rochester School of Medicine and Dentistry to advance SFX-01 towards a
- [finnCap Research Company Notes - 11 May 2020](https://www.cavendish.com/finncap-research-company-notes-11-may-2020/) - No Content No Content Avacta (AVCT) : Corp COVID-19 rapid antigen test – update Key data Share price (p) 113.0 Target price (p) U/R Market cap (£m) 235.0 Enterprise value (£m) 224.5 Avacta confirmed that it is shipping Affimers to Cytiva and Adeptrix today with the intention of developing a COVID-19 rapid antigen test for
- [finnCap Research Company Notes - 14 May 2020](https://www.cavendish.com/finncap-research-company-notes-14-may-2020/) - No Content No Content Bango (BGO) : Corp Platform deal with major global telco Key data Share price (p) 120.5 Target price (p) 225.0 Market cap (£m) 84.9 Enterprise value (£m) 79.7 One of the expected major licence sales noted at the end of last year has now been delivered, in the shape of a
- [finnCap Tech Chat | Shakey Pete's four play](https://www.cavendish.com/finncap-tech-chat-shakey-petes-four-play/) - No Content No Content There is a wonderful cocktail in Hawksmoor called Shakey Pete’s – a delicious mixture of beer and gin, with ginger syrup and lemon juice to which if I were to gain an addiction, I’d happily succumb. However, on reading the list of ingredients, you’d be forgiven for baulking at the combination
- [finnCap Research Company Notes - 2 December 2019](https://www.cavendish.com/finncap-research-company-notes-2-december-2019/) - No Content No Content Kazera Global (KZG) : Corp New resource estimate for NTI tantalite mine Key data Share price (p) 0.5 Target price (p) U/R Market cap (£m) 1.2 Enterprise value (£m) 0.5 Kazera Global has released an update from its investee company African Tantalum (Pty) Limited (‘Aftan’). Aftan has a controlling interest in
- [finnCap Research Company Notes - 17 December 2019](https://www.cavendish.com/finncap-research-company-notes-17-december-2019/) - No Content No Content ClearStar (CLSU) : Corp Trading update Key data Share price (p) 61.5 Target price (p) 90.0 Market cap (£m) 22.3 Enterprise value (£m) 23.1 ClearStar has announced that it expects FY19 revenue to be in line as Medical Information Services (MIS) revenue is stronger than expected, while revenue from a financial
- [finnCap Research Company Notes - 23 March 2020](https://www.cavendish.com/finncap-research-company-notes-23-march-2020/) - No Content No Content Altitude Group (ALT) : Corp Trading update Key data Share price (p) 20.5 Target price (p) 120.0 Market cap (£m) 14.2 Enterprise value (£m) 10.7 Altitude has confirmed performance for the 12 months to December 2019, after the logical decision to move the formal accounting period end of March 2020, announced
- [finnCap Research Company Notes - 18 March 2020](https://www.cavendish.com/finncap-research-company-notes-18-march-2020/) - No Content No Content Altitude Group (ALT) : Corp Proposed disposal of ADP Key data Share price (p) 21.5 Target price (p) 120.0 Market cap (£m) 14.9 Enterprise value (£m) 11.4 Altitude has announced the disposal of AdProducts, known as ADP, for potential consideration of £0.8m (initial consideration of £0.65m: £0.35m up front then £0.3m
- [finnCap Research Company Notes - 28 January 2020](https://www.cavendish.com/finncap-research-company-notes-28-january-2020/) - No Content No Content Avacta (AVCT) : Corp TMAC – proof of concept for novel Affimer conjugate Key data Share price (p) 20.3 Target price (p) 76.0 Market cap (£m) 35.6 Enterprise value (£m) 26.9 The news that Avacta’s first TMAC™ resulted in a significant reduction in tumour growth in animal studies compared with Merck/Pfizer’s
- [finnCap Research Company Notes - 27 February 2020](https://www.cavendish.com/finncap-research-company-notes-27-february-2020/) - No Content No Content ANGLE (AGL) : Corp Third-party research – this time in kidney cancer Key data Share price (p) 62.0 Target price (p) 135.0 Market cap (£m) 107.1 Enterprise value (£m) 86.7 Mark Brewer 020 7220 0556 mbrewer@finncap.com Amino Technologies (AMO) : Corp Execution proves strategy Key data Share price (p) 134.0 Target
- [finnCap Research Company Notes - 28 April 2020](https://www.cavendish.com/finncap-research-company-notes-28-april-2020/) - No Content No Content ANGLE (AGL) : Corp Progress report since COVID-19 lockdown Key data Share price (p) 68.5 Target price (p) 135.0 Market cap (£m) 118.3 Enterprise value (£m) 102.8 ANGLE provided a positive update on business activities since the COVID-19 lockdown, confirming that both laboratories in the UK and Canada are operational and
- [Personal shoppers: How the consumer sector is repositioning for the future](https://www.cavendish.com/personal-shoppers-how-the-consumer-sector-is-repositioning-for-the-future/) - Gousto, which raised £33m during lockdown from investors notably including lockdown wellness pinup Joe Wicks, had to stop accepting new customers and has now started recruiting for a new premises, to be opened later this year to meet the heightened demand.Others have had to adapt with the times. Pollen + Grace’s B2B business model, delivering
- [What’s stopping the scaleup?](https://www.cavendish.com/whats-stopping-the-scaleup/) - No Content No Content The barriers to growth that face scaleups in the UK are still substantial despite scaling companies being a backbone of our economy. Following the recent ScaleUp Institute Annual Review 2021 – an always informative yearly view of the progress of UK scaleup businesses that paves the path ahead – we wanted
- [This International Day of Education there is still much progress to be made](https://www.cavendish.com/this-international-day-of-education-there-is-still-much-progress-to-be-made/) - No Content No Content This International Day of Education there is still much progress to be made Education is a fundamental part of sustainability. Indeed, the UN places “Quality Education” as its fourth Sustainable Development Goal. As education lays the foundation for growth and innovation, the UN holds it as a priority for sustainable development
- [How the Green Economy Mark is becoming the top mark for markets](https://www.cavendish.com/how-the-green-economy-mark-is-becoming-the-top-mark-for-markets/) - No Content No Content It can be hard to quantify the real appetite for ESG-focused businesses among UK investors, but the fourth quarter of 2021 brought proof in the form of seven businesses holding the London Stock Exchange’s ‘Green Economy Mark’ engaging in successful IPOs – three of which were advised by finnCap. The mark
- [finnCap Sales Perspectives 2020](https://www.cavendish.com/finncap-sales-perspectives-2020/) - No Content No Content A new year, a new decade, and a brand-new set of exciting stock ideas from the sales team here at finnCap. This exclusive and eagerly awaited document presents our highest conviction non corporate stock recommendations for the coming year. These stocks look incredibly well placed to produce substantial outperformance, so we
- [AIM High breakfast - In Conversation with Steve Flavell, LoopUp](https://www.cavendish.com/aim-high-breakfast-in-conversation-with-steve-flavell-loopup/) - No Content No Content On the morning of Wednesday 16 November, 30 leading entrepreneurs, investors and advisors met the Rosewood Hotel London for the finnCap AIM High Breakfast Briefing. Attendees heard from Sam Smith, finnCap’s CEO about the state of the market and the opportunities that there are for companies looking to float on AIM.
- [Sam Smith, finnCap CEO, wins Industry Champion at the Growth Investor Awards 2016](https://www.cavendish.com/sam-smith-finncap-ceo-wins-industry-champion-at-the-growth-investor-awards-2016/) - No Content No Content The Growth Investor Awards is a national campaign to recognise the role of SME fund management community enabling growth. These awards honour all those involved in putting investment to work in high potential businesses - from those providing investment or helping source it to those best optimising growth capital to scale.
- [An Open Letter to the Chancellor](https://www.cavendish.com/an-open-letter-to-the-chancellor/) - No Content No Content Dear Chancellor of the Exchequer, We recognise that any income we draw from our business should be taxed with income tax but we believe that the risk we took in starting and investing in a UK business, providing jobs and prosperity for others, should be recognised by an appropriate different rate
- [Cell & Gene Therapy: The future of medicine attracts major M&A activity](https://www.cavendish.com/cell-gene-therapy-the-future-of-medicine-attracts-major-ma-activity/) - No Content No Content The Life Sciences sector has recently had the spotlight shining upon it, as a result of the global COVID-19 pandemic, and we have seen extensive investment and redeployment and refocusing of resources seeking appropriate diagnostics, treatments and vaccines. But while all this is happening, a quiet revolution continued to brim over
- [Right person, right time | Why talent management is crucial right now](https://www.cavendish.com/right-person-right-time-why-talent-management-is-crucial-right-now/) - No Content No Content finnCap Group is partnered with VÖR International, a firm at the forefront of truly holistic talent management. VÖR International supports businesses in accessing high quality talent at either CEO or C-Suite level, to provide strategists that think outside the box, get to the heart of client companies’ future strategic plans and
- [Why Legal Tech is making a case for M&A](https://www.cavendish.com/why-legal-tech-is-making-a-case-for-ma/) - No Content No Content The COVID-19 pandemic has accelerated the digital transformation of many a sector and the legal profession is no different. In fact, the rapidly burgeoning industry of ‘Legal Tech’ has been quietly and fundamentally changing the face of the law for the past few years. And it’s testament to that transformation that
- [Private equity: Bolt-on wonderers](https://www.cavendish.com/private-equity-bolt-on-wonderers/) - No Content No Content COVID and the ensuing economic downturn have pressed on accelerator pedals far and wide; in the world of private equity this has manifested in a penchant for bolt-on acquisitions. Funds are keen to deploy their record levels of dry powder. Now is the time for focused bolt-on acquisitions to take advantage
- [Deal or No Deal: What factors are driving a fractured return for M&A?](https://www.cavendish.com/deal-or-no-deal-what-factors-are-driving-a-fractured-return-for-ma/) - No Content No Content New Cavendish Corporate Finance Partner Karri Vuori talked to CNBC’s Squawk Box Europe about the turbulence in the deal-making market and the shifting trends that have occurred during the first three quarters of a pandemic ravaged year. An ‘epic disaster for M&A’ was how CNBC headlined the interview, and that it
- [With CGT changes likely, let’s review the facts](https://www.cavendish.com/with-cgt-changes-likely-lets-review-the-facts/) - No Content No Content Lord Leigh of Hurley, Deputy Chairman of finnCap Group & Senior Partner for Cavendish Corporate Finance LLP: With the UK Government’s Office of Tax Simplification (OTS) review of Capital Gains Tax (CGT) underway, it is worth considering that – whilst the precise outcome is unknown – Ministers may well be likely
- [Funding, Floating and Selling Your Business Post-COVID](https://www.cavendish.com/funding-floating-and-selling-your-business-post-covid/) - No Content No Content Lord Leigh of Hurley: After the unprecedented disruption caused by COVID-19, it is critical that businesses are assisted in every way possible to ensure the UK’s economic recovery over the next few years. But at the moment, many entrepreneurs are uncertain about the direction in which they should take their business,
- [Podcast: Are we all impact investors now?](https://www.cavendish.com/podcast-are-we-all-impact-investors-now/) - In our latest podcast we hear from the voices of UK private equity on the rising importance of ESG and the influence on their portfolios. While it is certainly not news that ESG – environmental, social and governance commitments – is an important driver of growth amongst our SMEs in recent years, finnCap Group is
- [How scale-ups access later stage growth capital](https://www.cavendish.com/how-scale-ups-access-later-stage-growth-capital/) - No Content No Content The problem with being a scale-up is right there in the name – scaling. It’s hard. Put simply, when your revenue is in the low millions it’s easier to double your sales and impress investors. As you make more money and grow, so do those challenges scale with you What are
- [Report: M&A Update | Recruitment](https://www.cavendish.com/report-ma-update-recruitment/) - No Content No Content We share here our latest report into the Human Capital Sector, M&A Update | Recruitment. Mark Kingston, Director of Human Capital M&A at Cavendish discussed these findings in a recent podcast (listen to the podcast here). We are now delighted to be able to share this report in full, which looks at
- [Funding in a circular economy](https://www.cavendish.com/funding-in-a-circular-economy/) - No Content No Content Whilst the term ‘ESG’ only joined the lexicon in the mid-2000s, socially responsible investing is by no means a new phenomenon. In fact, the first instances of backing (or perhaps more accurately, not backing) certain companies based on more than their financial profile was in the 1960s, when investors removed tobacco
- [10 things VCs look for in businesses before investing](https://www.cavendish.com/10-things-vcs-look-for-in-businesses-before-investing/) - Follow us Ready to start a conversation?
- [What does 2021 hold for Private Equity?](https://www.cavendish.com/what-does-2021-hold-for-private-equity/) - No Content No Content 2020 brought about an unprecedented drought in M&A deal flow, but the private equity industry recovered quickly and is now well positioned to help businesses and sectors get back on their feet. However, the pandemic has dramatically shifted the landscape. Before we look ahead to 2021, it is worth examining the
- [Family offices and the private growth landscape](https://www.cavendish.com/family-offices-and-the-private-growth-landscape/) - No Content No Content The private growth capital landscape can typically extend to venture capital, growth equity and private equity funds. These on the whole continue to serve the private growth market well as resilient financing options. Nevertheless, of late we’ve seen entrepreneurs venture further, seeking out alternative capital arrangements. Indeed as some funds dialled
- [Sector Update | Training & Ed-Tech - Are we all Ed-Tech now?](https://www.cavendish.com/sector-update-training-ed-tech-are-we-all-ed-tech-now/) - No Content No Content Training has been an attractive sub-sector of the broader Human Capital Management (HCM) space for investors for some time. Training deal volume and valuations have been high in recent years but still only a fraction of their illustrious cousins in Ed-Tech. However, in spring 2020 Training companies around the world were
- [Legaltech – The accessory to M&A in Law](https://www.cavendish.com/legaltech-the-accessory-to-ma-in-law/) - No Content No Content Certainly, investment in the sector has been accelerating; in 2016, it weighed in at just $225m (£175m) but by last year that figure had risen to $2.1bn (£1.56bn) globally, with the UK contributing $348m (£260m) to legaltech in the first half of 2019 alone. The growing array of legaltech firms and
- [finnChat - Internet of Things](https://www.cavendish.com/finnchat-internet-of-things/) - Follow us Ready to start a conversation?
- [Reeling from the pandemic or raring to go? Private equity in 2021](https://www.cavendish.com/reeling-from-the-pandemic-or-raring-to-go-private-equity-in-2021/) - No Content No Content Capital Gains rise would be taxing for M&A’s UK private equity deal flow has bounced back in the last three months, with firms scrambling to complete deals before the Chancellor unveils his latest Budget on 3rd March. A forecast hike in Capital Gains Tax (CGT) has sparked concerns about the viability
- [Private Equity gaining confidence in public markets](https://www.cavendish.com/private-equity-gaining-confidence-in-public-markets/) - No Content No Content Private equity firms increasingly recognise the viability of IPOs as an exit strategy. Previously dissuaded by the rigorous reporting structures associated with floating, many fund managers have recently found the opportunities available on public markets sufficiently attractive to offset these misgivings. Leading the post-pandemic resurgence of IPOs, London listings have enjoyed
- [REPORT: E-Commerce – Sustaining the 2020 Boom](https://www.cavendish.com/report-e-commerce-sustaining-the-2020-boom/) - No Content No Content Our latest report coincides with our recent event, Inside The Deal: E-Commerce – Sustaining the 2020 Boom? Partnered with Business Leader Magazine, we discussed the challenges in the E-Commerce including:• How to sustain the e-commerce 2020 boom• What opportunities does M&A offer• The public markets – how they view and value
- [Is your management team hindering your true valuation potential?](https://www.cavendish.com/is-your-management-team-hindering-your-true-valuation-potential/) - No Content No Content Leadership is one of the most overlooked factors in creating value. Whilst it is widely recognised that there is a premium associated with effective leadership, this is rarely considered in quantifiable terms. In fact, leadership itself is proven to have a 10 to 15% impact on financial performance and a 25
- [REPORT: Is Tech the shot in the arm that Healthcare needs?](https://www.cavendish.com/report-is-tech-the-shot-in-the-arm-that-healthcare-needs/) - No Content No Content Our latest report coincides with our recent event, Inside The Deal: Is Tech the Shot in the Arm That Healthcare Needs? Partnered with Business Leader Magazine, we discussed health tech and the onset of digital transformation in the healthcare sector. Watch the event in full below. Hosted by: – Oli Barrett
- [The Private Equity Review](https://www.cavendish.com/the-private-equity-review/) - No Content No Content Encouragingly, there’s been a fair wind of Private Equity deal making over the last 12 months. The pandemic caused a surge in PE takeovers of UK firms while capital was deployed into great businesses that flourished through hard times – valuations reached their highest level since the 2008 crash. Meanwhile, the
- [Professional Services: New opportunities, threats and working practices](https://www.cavendish.com/professional-services-new-opportunities-threats-and-working-practices/) - No Content No Content Change, uncertainty and perceived risk drive demand for Professional Services and COVID has delivered them all in spades. The sector’s clients have, on the positive side, seen new markets and routes to market open up (such as digital, home delivery) and existing markets reinforced (healthcare, infrastructure). On the negative side, clients
- [finnCap Research Company Notes - 12 June 2019](https://www.cavendish.com/finncap-research-company-notes-12-june-2019/) - No Content No Content Avesoro Resources (ASO) : Corp Youga operations update Key data Share price (p) 31.5 Target price (p) U/R Market cap (£m) 25.7 Enterprise value (£m) 122.7 Avesoro Resources has reported an update from its Youga gold mine in Burkina Faso. Further to Monday’s announcement about various operating problems, it has now
- [Inside The Deal: Systal Technology Solutions](https://www.cavendish.com/inside-the-deal-systal-technology-solutions/) - Whether it’s cloud-based solutions, innovative IT supporting digital infrastructure or even artificial intelligence-based services, finnCap Cavendish is seeing rapid growth in the Managed Services sector. This has been driven in no small way by the protracted tech transformation across all industries and sectors forced on by COVID.To find out more about how finnCap Cavendish is
- [finnCap Research Company Notes - 19 June 2019](https://www.cavendish.com/finncap-research-company-notes-19-june-2019/) - No Content No Content KRM22 (KRM) : Corp New partnership agreement Key data Share price (p) 76.5 Target price (p) 100.0 Market cap (£m) 14.0 Enterprise value (£m) 11.8 KRM22 has announced a further partnership agreement, with Neotas Ltd, allowing distribution of Neotas’s enhanced due diligence application over KRM22’s Global Risk Platform (GRP). Neotas has
- [When to sell your company, timing is (nearly) everything](https://www.cavendish.com/when-to-sell-your-company-timing-is-nearly-everything/) - No Content No Content Deciding to sell your business is one of the biggest decisions you’ll ever make as a founder. But just when you think the sleepless nights are over, you’ve got to deal with the next big question: when to sell? Finding the right moment is crucial – it can be the difference
- [Ambition Delivered Full Year Results 2021](https://www.cavendish.com/ambition-delivered-full-year-results-2021/) - Sam Smith, CEO, finnCap Group "Our results are a testament to the great team we have built over many years, and to our dynamic, collegiate and smart-thinking culture in delivering our clients’ ambitions in an extraordinarily complex environment. Our stronger results allowed us to accelerate our strategy of expanding our product suite for growth companies
- [finnCap Research Company Notes - 15 October 2019](https://www.cavendish.com/finncap-research-company-notes-15-october-2019/) - No Content No Content dotDigital (DOTD) : Corp Prelims to June – building on the pillars Key data Share price (p) 91.0 Target price (p) 135.0 Market cap (£m) 270.6 Enterprise value (£m) 251.3 Prelims to June indicate performance in line with expectations, with EBITDA of £14.7m (£15.0mE) delivered from revenue of £42.5m (£42.5mE) leading
- [finnCap Research Company Notes - 22 October 2019](https://www.cavendish.com/finncap-research-company-notes-22-october-2019/) - No Content No Content K3 Business Technology (KBT) : Corp Trading update reports challenging environment Key data Share price (p) 211.0 Target price (p) 245.0 Market cap (£m) 90.6 Enterprise value (£m) 92.9 K3’s trading update highlights that several of its contracts have been negatively affected by the difficult macro environment. We consequently reduce our
- [finnCap Research Company Notes - 19 November 2019](https://www.cavendish.com/finncap-research-company-notes-19-november-2019/) - No Content No Content Tri-Star Resources (TSTR) : Corp SPMP project update Key data Share price (p) 31.0 Target price (p) 68.0 Market cap (£m) 29.2 Enterprise value (£m) 33.0 Tri-Star Resources has announced that the SPMP antimony plant in Oman has significantly increased the purity of the antimony and gold produced. Antimony grades have
- [finnCap Research Company Notes - 26 November 2019](https://www.cavendish.com/finncap-research-company-notes-26-november-2019/) - No Content No Content HML Holdings (HMLH) : Corp Interim results Key data Share price (p) 32.5 Target price (p) 57.0 Market cap (£m) 14.9 Enterprise value (£m) 15.9 The interim results revealed revenue growth of 14% and an 8% increase in units under management. Following the results, our current year forecast and target price
- [finnCap Research Company Notes - 11 December 2019](https://www.cavendish.com/finncap-research-company-notes-11-december-2019/) - No Content No Content Amino Technologies (AMO) : Corp 24i announces another successful contract Key data Share price (p) 106.0 Target price (p) 215.0 Market cap (£m) 80.6 Enterprise value (£m) 79.5 Following the very positive Youfone announcement accompanying the trading update on Monday, Amino has announced another contract between 24i and BroadwayHD, a US
- [finnCap Research Company Notes - 18 December 2019](https://www.cavendish.com/finncap-research-company-notes-18-december-2019/) - No Content No Content By jonathan wright Independent Oil & Gas (IOG) : Corp Harvey well results analysis Key data Share price (p) 16.4 Target price (p) 60.0 Market cap (£m) 78.6 Enterprise value (£m) 57.6 Following updated well mapping, management estimates the Harvey field contains just 40 bcf of gas, below the low end
- [finnCap Research Company Notes - 14 January 2020](https://www.cavendish.com/finncap-research-company-notes-14-january-2020/) - No Content No Content D4T4 Solutions (D4T4) : Corp Management confidence in the H2 pipeline is validated Key data Share price (p) 205.0 Target price (p) 310.0 Market cap (£m) 80.4 Enterprise value (£m) 69.2 Our FY 2019 growth forecasts are further underpinned by today’s reassuring news of a raft of Celebrus contracts and extensions
- [finnCap Research Company Notes - 22 January 2020](https://www.cavendish.com/finncap-research-company-notes-22-january-2020/) - No Content No Content ANGLE (AGL) : Corp De Novo submission to FDA expected by end Q1 2020 Key data Share price (p) 63.2 Target price (p) 135.0 Market cap (£m) 109.2 Enterprise value (£m) 81.3 ANGLE confirmed that following a formal face-to-face meeting with the FDA last week it expects to file a De
- [finnCap Research Company Notes - 30 January 2020](https://www.cavendish.com/finncap-research-company-notes-30-january-2020/) - No Content No Content Best of the Best (BOTB) : Corp H1FY20 = another positive surprise. Raising forecasts again. Key data Share price (p) 400.0 Target price (p) 490.0 Market cap (£m) 37.5 Enterprise value (£m) 35.0 BOTB has delivered better-than-expected H1FY20 results. To reflect the strong H1 performance and the “encouraging” momentum into H2,
- [finnCap Research Company Notes - 18 February 2020](https://www.cavendish.com/finncap-research-company-notes-18-february-2020/) - No Content No Content By david buxton Trackwise Designs (TWD) : Corp Initiation of coverage – IHT offers huge opportunity Key data Share price (p) 85.5 Target price (p) 180.0 Market cap (£m) 12.6 Enterprise value (£m) 12.3 The group’s potentially game-changing Improved Harness Technology™ (IHT) flexible printed circuit technology offers a substantial growth opportunity
- [finnCap Research Company Notes - 25 February 2020](https://www.cavendish.com/finncap-research-company-notes-25-february-2020/) - No Content No Content dotDigital (DOTD) : Corp Confidence, and investment in growth Key data Share price (p) 107.5 Target price (p) 140.0 Market cap (£m) 320.2 Enterprise value (£m) 297.7 Interims to December 2019 reveal performance in line with the January trading update: EBITDA of £9.3m was delivered from revenue of £23.1m, comfortably achieving
- [finnCap Research Company Notes - 7 April 2020](https://www.cavendish.com/finncap-research-company-notes-7-april-2020/) - No Content No Content Amino Technologies (AMO) : Corp Further contract win for 24i Key data Share price (p) 117.5 Target price (p) 215.0 Market cap (£m) 89.3 Enterprise value (£m) 88.3 Amino’s 24i division has announced a contract win with First Look Media, to power the new streaming video experience for the Topic platform.
- [finnCap Research Company Notes - 30 April 2020](https://www.cavendish.com/finncap-research-company-notes-30-april-2020/) - No Content No Content Morses Club (MCL) : Corp New funding negotiated on more appropriate terms Key data Share price (p) 65.0 Target price (p) 160.0 Market cap (£m) 84.6 Enterprise value (£m) 99.8 The Revolving Credit Facility provides Morses Club with the flexibility to use funding in line with business needs, never more necessary
- [finnCap Research Company Notes - 3 June 2019](https://www.cavendish.com/finncap-research-company-notes-3-june-2019/) - No Content No Content Frenkel Topping (FEN) : Corp A smart move helping the company to achieve scale Key data Share price (p) 38.5 Target price (p) 45.0 Market cap (£m) 26.3 Enterprise value (£m) 24.3 Outsourcing elements of the DFM allows Ascencia to scale, while simultaneously retaining investment management fees for AUM managed in-house.
- [finnCap Research Company Notes - 14 June 2019](https://www.cavendish.com/finncap-research-company-notes-14-june-2019/) - No Content No Content M.P. Evans (MPE) : Corp AGM update: good start to the year Key data Share price (p) 686.0 Target price (p) 1 000.0 Market cap (£m) 376.5 Enterprise value (£m) 359.6 MPE has released an AGM trading statement covering the first five months of the financial year (to end May 2019).
- [finnCap Research Company Notes - 6 November 2019](https://www.cavendish.com/finncap-research-company-notes-6-november-2019/) - No Content No Content Iofina (IOF) : Corp IofinaEX hemp seed investment Key data Share price (p) 23.0 Target price (p) 35.0 Market cap (£m) 44.1 Enterprise value (£m) 50.3 IofinaEX is investing $900k into an organic hemp seed manufacturing facility owned by its Chairman. This short-term working capital investment into Organic Vines is expected
- [finnCap Research Company Notes - 20 November 2019](https://www.cavendish.com/finncap-research-company-notes-20-november-2019/) - No Content No Content By jonathan wright President Energy (PPC) : Corp Angostura acquisition completion and share subscription Key data Share price (p) 4.2 Target price (p) U/R Market cap (£m) 47.7 Enterprise value (£m) 69.0 President has completed the acquisition from Argentine oil company CGC of additional acreage in Rio Negro Province, leveraging its
- [finnCap Research Company Notes - 3 December 2019](https://www.cavendish.com/finncap-research-company-notes-3-december-2019/) - No Content No Content By David buxton Gooch & Housego (GHH) : Corp Full-year results, trading on track for FY 2020 forecasts Key data Share price (p) 1 252.5 Target price (p) 1 250.0 Market cap (£m) 308.9 Enterprise value (£m) 323.2 Full-year results were in line with expectations, with market conditions showing little change
- [finnCap Research Company Notes - 27 November 2019](https://www.cavendish.com/finncap-research-company-notes-27-november-2019/) - No Content No Content Filtronic (FTC) : Corp AGM told H1 is in line and orders growing YoY Key data Share price (p) 8.5 Target price (p) 10.5 Market cap (£m) 17.8 Enterprise value (£m) 15.4 It is pleasing to see H1 2020 trading is in line with expectations, with encouraging demand in continuing business
- [finnCap Research Company Notes - 5 February 2020](https://www.cavendish.com/finncap-research-company-notes-5-february-2020/) - No Content No Content Filtronic (FTC) : Corp Strategic contract wins in the mmWave markets Key data Share price (p) 10.6 Target price (p) 10.5 Market cap (£m) 22.3 Enterprise value (£m) 19.8 Just ahead of its Interim results announcement, the designer and manufacturer of products for the critical coms and wireless telecoms markets has
- [finnCap Research Company Notes - 3 March 2020](https://www.cavendish.com/finncap-research-company-notes-3-march-2020/) - No Content No Content ANGLE (AGL) : Corp Breakthrough research in brain metastasis in NSCLC Key data Share price (p) 64.0 Target price (p) 135.0 Market cap (£m) 110.5 Enterprise value (£m) 90.1 Highly positive independent research, from University Medical Centre Hamburg-Eppendorf, and published in the Journal of Neuro-Oncology, suggests that Parsortix may aid in
- [finnCap Research Company Notes - 9 March 2020](https://www.cavendish.com/finncap-research-company-notes-9-march-2020/) - No Content No Content LiDCO (LID) : Corp Increased sales in China due to COVID-19 Key data Share price (p) 5.3 Target price (p) 11.0 Market cap (£m) 12.8 Enterprise value (£m) 11.4 LiDCO’s Chinese distribution partner, Beijing Gloryway Medical Company, has sold a small number of haemodynamic monitors in Wuhan, China, as a direct
- [finnCap Research Company Notes - 17 March 2020](https://www.cavendish.com/finncap-research-company-notes-17-march-2020/) - No Content No Content Best of the Best (BOTB) : Corp Investment in marketing drives further upgrades Key data Share price (p) 375.0 Target price (p) 490.0 Market cap (£m) 35.2 Enterprise value (£m) 32.6 BOTB’s increased investment in marketing has continued to deliver better-than-expected results, with the strong start to the second half continuing.
- [finnCap Research Company Notes - 24 March 2020](https://www.cavendish.com/finncap-research-company-notes-24-march-2020/) - No Content No Content Gateley (GTLY) : Corp Prudently managing the business in uncertain times Key data Share price (p) 122.5 Target price (p) U/R Market cap (£m) 142.3 Enterprise value (£m) 144.5 Gateley has highlighted that while up to the end of February demand for its services had been growing, activity since the start
- [finnCap Research Company Notes - 7 May 2020](https://www.cavendish.com/finncap-research-company-notes-7-may-2020/) - No Content No Content Best of the Best (BOTB) : Corp Positive trading update and profit upgrade Key data Share price (p) 435.0 Target price (p) 540.0 Market cap (£m) 40.8 Enterprise value (£m) 38.2 The group’s year-end trading update reveals a strong second-half and that the Board now expects full-year revenue and profit to
- [finnCap Research Company Notes - 15 May 2020](https://www.cavendish.com/finncap-research-company-notes-15-may-2020-2/) - No Content No Content Avacta (AVCT) : CorpPotential COVID-19 therapeutic Key data Share price (p) 106.5 Target price (p) U/R Market cap (£m) 221.5 Enterprise value (£m) 211.0 The announcement that some of the Affimer reagents, recently generated for development of a COVID-19 antigen test, are also neutralising Affimers raises the potential for a therapy
- [finnCap Research Company Notes - 11 June 2019](https://www.cavendish.com/finncap-research-company-notes-11-june-2019/) - No Content No Content iomart (IOM) : Corp Prelims – as steady as ever Key data Share price (p) 350.0 Target price (p) 450.0 Market cap (£m) 380.3 Enterprise value (£m) 419.5 Prelims show FY19 to be in line with the April trading update, generating free cash flow (before a freehold acquisition) of £17.5m from
- [finnCap Research Company Notes - 7 October 2019](https://www.cavendish.com/finncap-research-company-notes-7-october-2019/) - No Content No Content Intercede (IGP) : Corp Interim trading update Key data Share price (p) 33.0 Target price (p) 80.0 Market cap (£m) 16.7 Enterprise value (£m) 18.2 Intercede’s trading update to the interim period ending September 2019 includes revenue growth of approximately 5% (ie £4.4m) following a strong end to the half with
- [finnCap Research Company Notes - 17 October 2019](https://www.cavendish.com/finncap-research-company-notes-17-october-2019/) - No Content No Content Guy Hewett Gateley (GTLY) : Corp Commitment evidenced to a stable platform Key data Share price (p) 162.5 Target price (p) 210.0 Market cap (£m) 179.1 Enterprise value (£m) 182.3 Gateley has entered into a new five-year orderly market agreement with its Partners. It will become effective in June 2020 following
- [finnCap Research Company Notes - 28 October 2019](https://www.cavendish.com/finncap-research-company-notes-28-october-2019/) - No Content No Content Photo-Me (PHTM) : Corp Growth in Europe and Asia Key data Share price (p) 89.3 Target price (p) 150.0 Market cap (£m) 335.9 Enterprise value (£m) 325.0 Photo-Me has confirmed that trading in the first five months of its financial year (to September) has been in line with expectations. Trading in
- [finnCap Research Company Notes - 21 October 2019](https://www.cavendish.com/finncap-research-company-notes-21-october-2019/) - No Content No Content D4T4 Solutions (D4T4) : Corp H1 meets expectation and a record H2 is forecast Key data Share price (p) 213.0 Target price (p) 310.0 Market cap (£m) 83.5 Enterprise value (£m) 72.3 The trading update reveals that the H1 performance was in line with management expectations and the Board is confident
- [finnCap Research Company Notes - 1 November 2019](https://www.cavendish.com/finncap-research-company-notes-1-november-2019/) - No Content No Content Filtronic (FTC) : Corp CEO leaves with immediate effect Key data Share price (p) 8.5 Target price (p) 10.5 Market cap (£m) 17.8 Enterprise value (£m) 15.4 In a short announcement, Rob Smith has resigned with immediate effect after five years with the company. Chairman Reg Gott will become Executive Chairman
- [finnCap Research Company Notes - 12 December 2019](https://www.cavendish.com/finncap-research-company-notes-12-december-2019/) - No Content No Content The standard Lorem Ipsum passage, used since the 1500s Q3 trading in line with expectations Key data Share price (p) 50.0 Target price (p) 120.0 Market cap (£m) 34.4 Enterprise value (£m) 30.9 Altitude’s Q3 trading update demonstrates that focus on the US is paying off. US 9-month revenue of $4.6m
- [finnCap Research Company Notes - 20 January 2020](https://www.cavendish.com/finncap-research-company-notes-20-january-2020/) - No Content No Content By jonathan wright Europa Oil & Gas (EOG) : Corp Wressled! Key data Share price (p) 2.9 Target price (p) 32.0 Market cap (£m) 12.9 Enterprise value (£m) 10.0 After a highly protracted process, Europa’s Wressle oil field development has finally been granted planning consent. This paves the way for the
- [finnCap Research Company Notes - 25 March 2020](https://www.cavendish.com/finncap-research-company-notes-25-march-2020/) - No Content No Content Gemfields (GEM) : Corp Excellent progress in 2019. 2020 more uncertain… Key data Share price (p) 8.5 Target price (p) U/R Market cap (£m) 107.7 Enterprise value (£m) 45.3 Gemfields has released a positive trading statement for the year to 31 December 2019 ahead of releasing its full audited financial statements
- [finnCap Research Company Notes - 31 January 2019](https://www.cavendish.com/finncap-research-company-notes-31-january-2019/) - No Content No Content Register here to access all finnCap corporate finance research Sector: Industrials Aukett Swanke (AUK) : Corp Final results Key data Share price (p) 1.0 Target price (p) U/R Market cap (£m) 1.7 Enterprise value (£m) NM The final results for the year to September 2018 confirm a difficult year in property
- [finnCap Research Company Notes - 5 June 2019](https://www.cavendish.com/finncap-research-company-notes-5-june-2019/) - No Content No Content ANGLE (AGL) : Corp Ovarian cancer study update – positive first step Key data Share price (p) 69.5 Target price (p) 130.0 Market cap (£m) 99.7 Enterprise value (£m) 84.8 ANGLE announced positive results from the first phase (pre-study) of its ovarian cancer clinical verification study. Using an optimised Parsortix HyCEAD
- [finnCap Research Company Notes - 24 June 2019](https://www.cavendish.com/finncap-research-company-notes-24-june-2019/) - No Content No Content Tri-Star Resources (TSTR) : Corp Operations update Key data Share price (p) 39.5 Target price (p) 68.0 Market cap (£m) 37.2 Enterprise value (£m) 41.0 Tri-Star has released a further update on progress being made with the commissioning of the SPMP antimony and gold production facility in northern Oman. Tri-Star’s principal
- [finnCap Research Company Notes - 3 July 2019](https://www.cavendish.com/finncap-research-company-notes-3-july-2019/) - No Content No Content Anglo African Oil & Gas (AAOG) : Corp Proposed fundraise Key data Share price (p) 5.2 Target price (p) 27.0 Market cap (£m) 20.6 Enterprise value (£m) 5.3 AAOG has received commitments to raise up to £8.25m via a placing and equity-sharing agreement at 5.2p to fund a sidetrack of the
- [finnCap Research Company Notes - 21 August 2019](https://www.cavendish.com/finncap-research-company-notes-21-august-2019/) - No Content No Content Wameja (WJA) : Corp HomeSend – home straight Key data Share price (p) 5.4 Target price (p) 20.0 Market cap (£m) 65.4 Enterprise value (£m) 53.7 Wameja (formerly eServGlobal) is a direct 35.68% investment in the well-funded HomeSend (HS) JV with Mastercard, a partnership with a payment industry global leader in
- [finnCap Research Company Notes - 30 July 2019](https://www.cavendish.com/finncap-research-company-notes-30-july-2019/) - No Content No Content Amino Technologies (AMO) : Corp 24i Media collaboration Key data Share price (p) 118.0 Target price (p) 215.0 Market cap (£m) 85.9 Enterprise value (£m) 70.1 Hot on the heels of its successful acquisition of 24i Media earlier this month (for a total consideration of €21.4m), Amino has announced a collaboration
- [finnCap Research Company Notes - 11 October 2019](https://www.cavendish.com/finncap-research-company-notes-11-october-2019/) - No Content No Content Andrew Darley Ideagen (IDEA) : Corp Bolt-on acquisition Key data Share price (p) 149.0 Target price (p) 180.0 Market cap (£m) 327.5 Enterprise value (£m) 328.8 Demonstrating execution of its successful combination of organic and acquired growth, Ideagen has acquired Optima Diagnostics, a London-based provider of a SaaS-based Health & Safety
- [finnCap Research Company Notes - 14 October 2019](https://www.cavendish.com/finncap-research-company-notes-14-october-2019/) - No Content No Content Jonathan wright Iofina (IOF) : Corp Q3 trading update Key data Share price (p) 24.3 Target price (p) 35.0 Market cap (£m) 46.5 Enterprise value (£m) 52.8 Another solid quarter from Iofina that puts it on track to deliver record iodine production this year. Iodine prices continue to rise, which should
- [finnCap Research Company Notes - 23 October 2019](https://www.cavendish.com/finncap-research-company-notes-23-october-2019/) - No Content No Content Mark brewer Shield Therapeutics (STX) : Corp Phase IIIb H2H data presented at conference Key data Share price (p) 185.5 Target price (p) 350.0 Market cap (£m) 217.2 Enterprise value (£m) 210.6 The publication of the Phase III AEGIS-H2H data at the United European Gastroenterology Week, comparing Feraccru/Acccrufer with the leading
- [finnCap Research Company Notes - 29 October 2019](https://www.cavendish.com/finncap-research-company-notes-29-october-2019/) - No Content No Content Jonathan Wright Europa Oil & Gas (EOG) : Corp Ireland update Key data Share price (p) 2.5 Target price (p) 32.0 Market cap (£m) 11.0 Enterprise value (£m) 8.1 Farm-out negotiations for three of its Irish licences with a major oil company are continuing and have been ongoing for more than
- [finnCap Research Company Notes - 5 November 2019](https://www.cavendish.com/finncap-research-company-notes-5-november-2019/) - No Content No Content Best of the Best (BOTB) : Corp Positive end to H1 FY20 confirmed with more profit upgrades Key data Share price (p) 285.0 Target price (p) 375.0 Market cap (£m) 26.7 Enterprise value (£m) 24.2 Today’s brief, qualitative H1 FY20 pre-close trading statement confirms our previously stated view on 11 September
- [finnCap Research Company Notes - 13 November 2019](https://www.cavendish.com/finncap-research-company-notes-13-november-2019/) - No Content No Content Avacta (AVCT) : Corp LG Chem partnership expanded Key data Share price (p) 17.7 Target price (p) 76.0 Market cap (£m) 31.1 Enterprise value (£m) 24.6 Avacta announced that LG Chem has nominated the second and third drug targets of its multi-target development alliance that, potentially, is worth up to $310m.
- [finnCap Research Company Notes - 13 December 2019](https://www.cavendish.com/finncap-research-company-notes-13-december-2019/) - No Content No Content By Guy hewett Gateley (GTLY) : Corp Strengthening complementary services to legal Key data Share price (p) 173.5 Target price (p) 210.0 Market cap (£m) 191.2 Enterprise value (£m) 194.5 Gateley has acquired T-three Group for £3.4m (of which £0.9m deferred, all settled 50% in cash and 50% shares). T-three offers
- [finnCap Research Company Notes - 8 January 2020](https://www.cavendish.com/finncap-research-company-notes-8-january-2020/) - No Content No Content Avacta (AVCT) : Corp Cell therapy JV with Daewoong Pharmaceutical Key data Share price (p) 17.5 Target price (p) 76.0 Market cap (£m) 30.8 Enterprise value (£m) 24.3 Avacta announced the formation of a joint venture in South Korea with Daewoong Pharmaceutical in which it will have a 45% equity interest.
- [finnCap Research Company Notes - 24 February 2020](https://www.cavendish.com/finncap-research-company-notes-24-february-2020/) - No Content No Content Gemfields (GEM) : Corp Lusaka emerald auction results Key data Share price (p) 10.7 Target price (p) 42.0 Market cap (£m) 135.6 Enterprise value (£m) 1.3 Gemfields has announced the results of its first auction of 2020. This was of commercial grade emerald and was held in Lusaka, Zambia last week.
- [finnCap Research Company Notes - 4 March 2020](https://www.cavendish.com/finncap-research-company-notes-4-march-2020/) - No Content No Content Oncimmune Holdings (ONC) : Corp Biodesix launches EarlyCDT Lung test in the US Key data Share price (p) 81.5 Target price (p) 150.0 Market cap (£m) 51.5 Enterprise value (£m) 51.6 Oncimmune’s exclusive commercial partner, Biodesix, has launched the EarlyCDT Lung test in the US. Biodesix will market the test as
- [finnCap Research Company Notes - 30 March 2020](https://www.cavendish.com/finncap-research-company-notes-30-march-2020/) - No Content No Content Amino Technologies (AMO) : Corp COVID-19 update Key data Share price (p) 118.5 Target price (p) 215.0 Market cap (£m) 90.1 Enterprise value (£m) 89.0 Amino has provided an update of the situation with regard to COVID-19. All staff are working from home and the group is working hard to ensure
- [finnCap Research Company Notes - 13 March 2020](https://www.cavendish.com/finncap-research-company-notes-13-march-2020/) - No Content No Content Trackwise Designs (TWD) : Corp Acquisition and placing Key data Share price (p) 88.5 Target price (p) 180.0 Market cap (£m) 19.6 Enterprise value (£m) 17.7 The company has announced the acquisition of Stevenage Circuits Ltd for £2.5m an established manufacturer of flexible and rigid PCBs that offers an immediate scale
- [finnCap Research Company Notes - 23 July 2019](https://www.cavendish.com/finncap-research-company-notes-23-july-2019/) - No Content No Content dotDigital (DOTD) : Corp FY trading update Key data Share price (p) 97.7 Target price (p) 135.0 Market cap (£m) 290.5 Enterprise value (£m) 271.2 The typically detailed trading update highlights underlying organic growth of 15%, within headline revenue growth of 19%. As revealed in May, the Comapi Dynmark and Donky
- [finnCap Research Company Notes - 10 October 2019](https://www.cavendish.com/finncap-research-company-notes-10-october-2019/) - No Content No Content Avacta (AVCT) : Corp New therapeutics collaboration and option agreement Key data Share price (p) 19.8 Target price (p) 125.0 Market cap (£m) 22.8 Enterprise value (£m) 11.0 Avacta announced a collaboration and option agreement with ADC Therapeutics to develop drug conjugates combining Avacta’s Affimer technology with ADCT’s PBD-based warhead and
- [finnCap Research Company Notes - 16 October 2019](https://www.cavendish.com/finncap-research-company-notes-16-october-2019/) - No Content No Content Mark BrEWER Destiny Pharma (DEST) : Corp Reinforcing the value of XF-73 Key data Share price (p) 40.0 Target price (p) 250.0 Market cap (£m) 17.4 Enterprise value (£m) 8.3 The results from a Phase I study of XF-73, which was independently conducted and sponsored by the National Institute of Allergy
- [finnCap Research Company Notes - 31 October 2019](https://www.cavendish.com/finncap-research-company-notes-31-october-2019/) - No Content No Content InnovaDerma (IDP) : Corp New category launch in Superdrug stores Key data Share price (p) 75.0 Target price (p) 200.0 Market cap (£m) 10.9 Enterprise value (£m) 8.8 Further to the disclosure at its FY 2019 results on 24 September that it planned to launch an innovative new topical product in
- [finnCap Research Company Notes - 21 November 2019](https://www.cavendish.com/finncap-research-company-notes-21-november-2019/) - No Content No Content Europa Oil & Gas (EOG) : Corp CEO stepping down Key data Share price (p) 1.9 Target price (p) 32.0 Market cap (£m) 8.2 Enterprise value (£m) 5.3 Hugh Mackay is stepping down as CEO, to be replaced on an interim basis by the Non-Exec Chairman, Simon Oddie, until a replacement
- [finnCap Research Company Notes - 28 November 2019](https://www.cavendish.com/finncap-research-company-notes-28-november-2019/) - No Content No Content City of London Group (CIN) : Corp New appointments to Recognise Key data Share price (p) 137.5 Target price (p) 300.0 Market cap (£m) 54.7 Enterprise value (£m) 38.9 City of London Group this morning announced two new senior appointments to the Recognise subsidiary. On 22 November, Recognise announced that it
- [finnCap Research Company Notes - 10 December 2019](https://www.cavendish.com/finncap-research-company-notes-10-december-2019/) - No Content No Content Mothercare (MTC) : Corp H1 results largely academic. The future is international. Key data Share price (p) 13.4 Target price (p) U/R Market cap (£m) 50.3 Enterprise value (£m) 82.1 Today’s H1 results (to 12 Oct) are somewhat academic as the numbers produced are under the old structure (including the UK
- [finnCap Research Company Notes - 20 December 2019](https://www.cavendish.com/finncap-research-company-notes-20-december-2019/) - No Content No Content By jonathan wright Iofina (IOF) : Corp Trading update Key data Share price (p) 27.1 Target price (p) 35.0 Market cap (£m) 52.1 Enterprise value (£m) 58.2 Iofina’s trading update confirms it is executing well on its dual iodine/CBD strategy, with construction of the IO#8 iodine plant and its organic hemp
- [finnCap Research Company Notes - 7 January 2020](https://www.cavendish.com/finncap-research-company-notes-7-january-2020/) - No Content No Content By andrew darley Ideagen (IDEA) : Corp Retirement of CFO Key data Share price (p) 191.5 Target price (p) 180.0 Market cap (£m) 428.2 Enterprise value (£m) 446.4 Ideagen has announced the retirement of CFO Graeme Spenceley as of 1 July 2020. Graeme has served the group for over ten years,
- [finnCap Research Company Notes - 4 February 2020](https://www.cavendish.com/finncap-research-company-notes-4-february-2020/) - No Content No Content DX (DX) : Corp Improved service levels and new business Key data Share price (p) 12.1 Target price (p) 18.0 Market cap (£m) 69.6 Enterprise value (£m) 70.9 In a positive H1 update, DX has confirmed it is on track to achieve full-year expectations. H1 trading is described as encouraging, with
- [finnCap Research Company Notes - 26 February 2020](https://www.cavendish.com/finncap-research-company-notes-26-february-2020/) - No Content No Content Revolution Bars Group (RBG) : Corp Return to LFL sales growth drives EBITDA growth Key data Share price (p) 68.0 Target price (p) 120.0 Market cap (£m) 34.0 Enterprise value (£m) 42.4 RBG has reported much improved results with like-for-like sales growth driving an improvement in Adj EBITDA and Adj PBT
- [finnCap Research Company Notes - 26 March 2020](https://www.cavendish.com/finncap-research-company-notes-26-march-2020/) - No Content No Content Independent Oil & Gas (IOG) : Corp Taming the storm Key data Share price (p) 11.0 Target price (p) 60.0 Market cap (£m) 52.8 Enterprise value (£m) 31.8 An impressive checklist of achievements in IOG’s FY 2019 results, which ultimately leaves it fully funded for its Southern North Sea gas development
- [finnCap Research Company Notes - 20 April 2020](https://www.cavendish.com/finncap-research-company-notes-20-april-2020/) - No Content No Content NAHL (NAH) : Corp Protecting cash and reducing costs Key data Share price (p) 43.0 Target price (p) U/R Market cap (£m) 19.8 Enterprise value (£m) 37.6 NAHL has detailed that following the emergence of COVID-19, the Board’s focus has switched to tackling the immediate short-term challenges and taking action to
- [finnCap Research Company Notes - 31 March 2020](https://www.cavendish.com/finncap-research-company-notes-31-march-2020/) - No Content No Content ANGLE (AGL) : Corp COVID-19 impact Key data Share price (p) 57.0 Target price (p) 135.0 Market cap (£m) 98.5 Enterprise value (£m) 83.0 ANGLE previously indicated that it expected to file a De Novo submission with the FDA for Parsortix, initially in metastatic breast cancer, and complete the enrolment of
- [finnCap Research Company Notes - 8 April 2020](https://www.cavendish.com/finncap-research-company-notes-8-april-2020/) - No Content No Content Real Good Food (RGD) : Corp COVID-19 and trading update Key data Share price (p) 2.8 Target price (p) U/R Market cap (£m) 2.7 Enterprise value (£m) 42.7 The year-end trading update confirms that revenue and adjusted EBITDA were broadly in line with expectations, despite performance being affected in March due
- [ESG: A challenge to the Private Equity industry](https://www.cavendish.com/esg-a-challenge-to-the-private-equity-industry/) - No Content No Content One of the most fundamental differences between public and private companies lies in disclosure. In public markets there is no place to hide, with companies operating under the steely glare of investors, regulators, auditors, ratings agencies, analysts and essentially a higher standard of reporting requirements. Conversely, in the world of PE,
- [Cement, steel and the built environment: How will landlords and tenants be impacted?](https://www.cavendish.com/cement-steel-and-the-built-environment-how-will-landlords-and-tenants-be-impacted/) - No Content No Content No measures were implemented to reduce fossil fuel use at this year's COP. However, a significant step towards decarbonising the built environment was made as the cement and steel sectors joined the First Movers Coalition. Below we discuss the importance of this and explore how recent policy developments in the built
- [Why it’s important for you to get a handle on emissions](https://www.cavendish.com/4248-2/) - No Content No Content It’s not just the right thing to do to start tracking and looking to ways to reduce your emissions footprint – it will increasingly become an expected part of business. If you get ahead of the curve, you will gain a competitive sustainable advantage in the new metrics that will determine
- [Ambition Delivered | finnCap October Update 2021](https://www.cavendish.com/ambition-delivered-finncap-october-update-2021/) - No Content No Content Sizeable equity raisings, debt financing deals, and M&A activity in both public and private markets has driven how we’ve delivered our clients’ ambitions. Notable deals such as the sale of Pimlico Plumbers, or the sale of Nuapay to an Australian-listed payments technology company for €108 million, were characterised by our team’s broad international reach.Over
- [11 for 22: Investment ideas for 2022](https://www.cavendish.com/11-for-22-investment-ideas-for-2022/) - No Content No Content Where next for markets in 2022? In our view, if COVID is not on the way out, we are just going to have to live with it now and it will have less and less impact on economic forecasts going forward. Instead, the bigger issues for investors to deal with in
- [A real stitch-up: Hiding behind ESG | Sustainability Insights January 2022](https://www.cavendish.com/a-real-stitch-up-hiding-behind-esg-sustainability-insights-january-2022/) - No Content No Content Fast fashion is one of the least sustainable industries on the planet, and environmental sustainability is just a part of the challenge. Greenwashing – when a brand markets itself as “greener” or more ethical than it truly is – is the latest in a slew of questionable behaviours within the fashion
- [Cavendish promotes Chris Malcolm and Anthony Platt to Co-Heads of Technology](https://www.cavendish.com/cavendish-promotes-chris-malcolm-and-anthony-platt-to-co-heads-of-technology/) - No Content No Content Anthony Platt Chris Malcolm Cavendish is delighted to announce the appointment of Chris Malcolm and Anthony Platt to Co-Heads of Technology. finnCap Group is a leading provider of strategic advisory and capital raising services to growth companies. As an integral part of the firm’s full service offering, the 12 strong finnCap
- [finnCap Group invests into Energise, the net zero and sustainability consultancy](https://www.cavendish.com/finncap-group-invests-into-energise-the-net-zero-and-sustainability-consultancy/) - No Content No Content • finnCap Group invests in Energise, a net zero and sustainability consultancy• Helping businesses address their transition to net zero and to a sustainable future• Making it simple for companies to start this journey through tech-enabled platform, Net Zero Club Today we are delighted to announce that finnCap Group has acquired
- [UK’s leading listed companies share their perspective on the business of tomorrow](https://www.cavendish.com/uks-leading-listed-companies-share-their-perspective-on-the-business-of-tomorrow/) - No Content No Content Every year at finnCap we celebrate the constituents of Ambition Nation Listed 50 – an annual index of the top 50 listed companies in the UK based on a proprietary slide rule set of metrics. We interview the CEOs of these companies to understand what challenges and opportunities they are facing
- [Why the energy storage market is set to explode | Energy Insights - May 2022](https://www.cavendish.com/why-the-energy-storage-market-is-set-to-explode-energy-insights-may-2022/) - No Content No Content Decarbonising road transport is critical to reaching net zero and, despite global EV sales more than doubling last year, there is a long way to go as EVs still represent only 9% of global passenger vehicle sales. EV sales are expected to continue to increase sharply in the coming years, helped
- [Webcast – The Future of Recruitment](https://www.cavendish.com/webcast-the-future-of-recruitment/) - No Content No Content As the Recruitment Sector booms following the global pandemic, we examine the evolution of new recruitment delivery models, and how the impact of technology and new approaches to talent engagement / culture are driving growth and profitability. We also look at the current M&A landscape and how businesses across the sector
- [As we gear up for COP26, the science is demanding action](https://www.cavendish.com/as-we-gear-up-for-cop26-the-science-is-demanding-action/) - No Content No Content What’s happening? Three months before world government representatives are to meet at COP26 in Glasgow to tie up the remaining elements of the Paris Agreement on climate change’s rulebook. This will be used as a basis to increase ambition on reducing emissions – the IPCC has released its latest seminal report
- [REPORT: The Future of Recruitment](https://www.cavendish.com/report-the-future-of-recruitment/) - Follow us Ready to start a conversation?
- [Weighing the Options: Trade v Private Equity](https://www.cavendish.com/weighing-the-options-trade-v-private-equity/) - No Content No Content So you’ve decided you want to sell your business. No doubt this has been one of the hardest decisions you’ve ever made. The next part is certainly easier, but you need to get it right – deciding which exit route to go down. This decision is about more than realising value,
- [Global Healthtech | IT in healthcare post COVID](https://www.cavendish.com/global-healthtech-it-in-healthcare-post-covid/) - No Content No Content The healthcare industry has been slow to adopt digital technology but it can bring efficiency, time savings and cost reductions, all very much needed in the healthcare sector in the years ahead. Healthtech suppliers have shown themselves keen to step forward and help the industry through the crisis but what is
- [Podcast: M&A Update | Recruitment](https://www.cavendish.com/podcast-ma-update-recruitment/) - Follow us Ready to start a conversation?
- [Private Equity - The Future of Managed Services](https://www.cavendish.com/private-equity-the-future-of-managed-services/) - No Content No Content With technology increasingly embedded in every aspect of business, we consider the continued evolution of the managed services market. Where making the right technology choices and moreover adopting the right implementation and monitoring model can offer real competitive advantage, we take a look at what drives the private equity investment opportunity
- [finnCap Tech Chat | Don't ignore your EX](https://www.cavendish.com/finncap-tech-chat-dont-ignore-your-ex-no-photo-for-selina/) - No Content No Content The pandemic had an unexpected global side effect; The Great Resignation of 2021 with millions of employees leaving their jobs. In the US, resignations spiked in April and have remained abnormally high for months; 4 million Americans resigned in July 2021 alone Research by Microsoft revealed 41% of the global workforce
- [IPO Guide](https://www.cavendish.com/ipo-guide/) - No Content No Content Find out how founders and CEOs prepare for a float, what the the benefits and challenges of listing on the public markets are and how finnCap can help, and finally what it takes to be a thriving company on a market like AIM. • Are you a business owner considering an IPO?• Could listing
- [Keeping options open](https://www.cavendish.com/keeping-options-open/) - No Content No Content Stuart Andrews, Managing Director It has been well documented that this year has seen a boom in IPOs as well as a surge in M&A activity. The IPO market, whilst not red hot right now, is still warm. With some global uncertainty around macro issues such as supply chain challenges and labour
- [Waste is a problem – It pollutes, affects ecosystems and creates emissions](https://www.cavendish.com/waste-is-a-problem-it-pollutes-affects-ecosystems-and-creates-emissions/) - No Content No Content What’s happening? We are producing an increasing amount of stuff and, without action, according to the World Bank, global waste levels will increase 70% by 2050 – from around two billion tonnes produced a year today to 3.4 billion tonnes annually by 2050. High-income countries are responsible for an oversize proportion
- [Waste – The importance of making a meaningful impact](https://www.cavendish.com/waste-the-importance-of-making-a-meaningful-impact/) - No Content No Content Why care? If our deep dive isn’t enough to inspire you to look to solutions, as we highlighted last time, measuring and acting on emissions footprints will increasingly become expected as part of business – and the same is true of managing waste. Investors, and also customers under pressure to address
- [A coming of age for DTC companies](https://www.cavendish.com/a-coming-of-age-for-dtc-companies/) - No Content No Content Direct-to-consumer (DTC) came of age in 2020. The COVID-19 pandemic accelerated ecommerce growth - far more quickly than anyone expected - and DTC brands already trading successfully online capitalised on the surge in online spending. Yet despite this being the biggest trend in retail today, it is proving difficult for investors
- [How DTC companies are creating sustainable advantage](https://www.cavendish.com/how-dtc-companies-are-creating-sustainable-advantage/) - No Content No Content Sustainable consumerism is escalating and all consumer companies, regardless of their business model, need to reflect this shift in both behaviour and marketing. Consumers will not want to keep buying products that are unsustainable, and the circular economy is becoming more normalised. Direct-to-consumer (DTC) companies have tended to resonate strongly with
- [The booming M&A landscape](https://www.cavendish.com/the-booming-ma-landscape/) - No Content No Content By Peter gray Activity in the UK M&A market is currently at record levels. That seemed inconceivable in the dark days of Spring last year with the country in the grip of Covid when most M&A activity was put on hold. At the time private equity houses and corporate acquirers alike
- [Dealing with unsolicited approaches](https://www.cavendish.com/dealing-with-unsolicited-approaches/) - No Content No Content Company owners often receive approaches from firms (private equity and trade) who are interested in acquiring their businesses well in advance of the intended time horizon for a sale. It is always flattering to receive such approaches and is an indication that others recognize your achievements and the quality of the
- [Private Equity – 2021 in review: A year of remarkable success](https://www.cavendish.com/private-equity-2021-in-review-a-year-of-remarkable-success/) - No Content No Content Our entrance into 2022 brings with it a good time to reflect on the events of the year that was. 2021 offered an unparalleled level of deal flow. Despite three national lockdowns, the private equity industry continued from strength to strength in the face of adversity, and its prospects for the
- [Payments Sector Newsletter](https://www.cavendish.com/payments-sector-newsletter/) - No Content No Content FinTech investors continue to be rewarded by an acceleration in digital transactions, retail trading and other pandemic-era tailwinds. From 2018 to 2022 the FinTech industry is projected to grow at an average of 25% per year, with an estimated global market value of $310bn in 2022, and investor sentiment towards the
- [Capital Performance - Winter 2022](https://www.cavendish.com/capital-performance-winter-2022/) - No Content No Content finnCap Group is delighted to share the next edition of Capital Performance. This is our review of the second half of a remarkable 2021, and our look ahead to the next 12 months. While 2022 is shaping up to continue a pattern of uncertainty, the key ingredients are nevertheless there for
- [At the forefront of the energy industry in 2021](https://www.cavendish.com/at-the-forefront-of-the-energy-industry-in-2021/) - In this interview, Christopher Raggett, Co-Head of Corporate Finance, finnCap Capital Markets, speaks with Gelion CEO Andrew Grimes about the listing process, why the company chose AIM, and what are Gelion's future growth plans on the public markets. Eneraqua Technologies Plc: IPO and £20m Placing We advised Eneraqua Technologies on its admission to AIM and
- [Growth opportunities for DTC in 2022](https://www.cavendish.com/growth-opportunities-for-dtc-in-2022/) - No Content No Content 2021 was a record year for direct-to-consumer (“DTC”) listings on the London stock market. However, it was also a bumpy year for many of these stock market debuts, with most companies, including big players like Deliveroo and THG, ending the year a substantial distance away from their listing price. At the
- [Why easing EIS restrictions can spark our economic growth](https://www.cavendish.com/why-easing-eis-restrictions-can-spark-our-economic-growth/) - No Content No Content To put it simply, the UK is a great place to start a new business. We have a disproportionate rate of Unicorns, innovation is everywhere, often cultivated in small and new businesses and especially prevalent in our thriving technology sector, and the OECD ranks the UK 3rd in the world for
- [Digital change is impacting construction | Support Services Insights January 2022](https://www.cavendish.com/digital-change-is-impacting-construction-support-services-insights-january-2022/) - No Content No Content Digital change is sweeping across nearly every industry, accelerated by the pandemic. Construction has long been viewed as slow to change and at the back of the queue in terms of technological innovation, reinforced by age-old problems of contract issues and inefficiencies. But as our latest Support Services Insights research shows,
- [Insurance and Insurtech](https://www.cavendish.com/insurance-and-insurtech/) - No Content No Content 2021 was a pivotal year for the global insurance industry as it returned to growth following 2020 and became more agile, digital and customer-centric. In this latest newsletter from our Financial Sector and Private Growth Capital team, we look at how 2022 looks brighter still as the UK remains highly attractive
- [Creating Value with Blockchain](https://www.cavendish.com/creating-value-with-blockchain/) - No Content No Content The world of blockchain can seem dauntingly complex, but without venturing too far down a technical rabbit hole, there are a few basic principles about blockchain that entrepreneurs and founders should be aware of.Read more in our report. Follow us Ready to start a conversation?
- [Debt financing – Is it the right time for debt?](https://www.cavendish.com/debt-financing-is-it-the-right-time-for-debt/) - No Content No Content When is the right time to take on debt financing? This decision for business owners is certainly not straight forward. Let’s face it, debt is often seen as a dirty word. We know it can have negative connotations of bailiffs and bankruptcies. Consequently, a lot of businesses are unclear as to what
- [Entrepreneurship education creates a better economic future for all](https://www.cavendish.com/entrepreneurship-education-creates-a-better-economic-future-for-all/) - No Content No Content This week, I had the pleasure of kicking off the discussion of the All-Party Parliamentary Group (AAPG) for Entrepreneurship’s Call for Evidence. Hosted by The Entrepreneurs Network, this roundtable discussed the topic of Entrepreneurship Education – an important subject for me and for finnCap. Personally, I have always had a great
- [Shaping the future of DTC: Trends to look out for in 2022 and beyond](https://www.cavendish.com/shaping-the-future-of-dtc-trends-to-look-out-for-in-2022-and-beyond/) - At our recent DTC Conference, Jay Wright, CEO of Virgin Wines, explained that they are at the accelerating point for DTC businesses, and that subscription models must continue to innovate, finding new ways to engage with customers and to solve their problems.Steve Oliver, CEO of musicMagpie, described how subscription models enable businesses to talk to
- [What businesses can do – and should be doing - to break the bias in the workplace](https://www.cavendish.com/what-businesses-can-do-and-should-be-doing-to-break-the-bias-in-the-workplace/) - No Content No Content On this International Women’s Day, we have an opportunity to consider how we can #BreakTheBias and do our bit to create a world that is free from stereotypes and discrimination, where difference is valued and celebrated, and real steps for action are taken to promote gender equality. Creating an inclusive work
- [The M&A outlook for the remainder of 2022](https://www.cavendish.com/the-ma-outlook-for-the-remainder-of-2022/) - No Content No Content Peter Gray, Partner, Cavendish In our last global M&A market update in December, I suggested that geopolitical risk was one of the few clouds on the horizon threatening the health of the market. What we and no one else predicted was how rapidly that risk would materialise in 2022 with the
- [Hospitality sector M&A continues to be relevant despite the macro environment](https://www.cavendish.com/hospitality-sector-ma-continues-to-be-relevant-despite-the-macro-environment/) - No Content No Content Despite this challenging macro-backdrop a number of M&A transactions have successfully completed during 2022 although it is clear that the “bar” has been raised for many potential purchasers and for others, the sector is out of favour. The transaction pipeline looks strong going into 2023 but the backdrop cannot be ignored
- [Global M&A trends suggest ongoing resilience](https://www.cavendish.com/global-ma-trends-suggest-ongoing-resilience/) - No Content No Content According to EY, global M&A is down by 27% by value and 18% by volume in H2 2022 compared to the same period in the prior year. Nevertheless, in view of the tsunami of ailments facing the market – rising interest rates, super inflation and a looming recession- M&A is showing
- [Why 2022 will be a record year for cell and gene therapy | Life Sciences Insights - March 2022](https://www.cavendish.com/why-2022-will-be-a-record-year-for-cell-and-gene-therapy-life-sciences-insights-march-2022/) - No Content No Content Heralding an encouraging new era of innovative technologies within the life sciences sector with long-term benefits and curative potential, Cell and Gene Therapy (CGT) has been seen as the ‘future’ of medicine for many years. We are now closer than ever to that future becoming the present. We remain optimistic regarding
- [How can you adapt for existing and new employees?](https://www.cavendish.com/how-can-you-adapt-for-existing-and-new-employees/) - No Content No Content There are a number of areas companies can look towards to retain their key people. Offering hybrid, or full-time remote working for those who want it is a good starting point, following the last years of government-mandated home working. Due to the instability of the last year, and many workers having
- [Talented employees are asking more from their employers](https://www.cavendish.com/talented-employees-are-asking-more-from-their-employers/) - No Content No Content Businesses are under a lot of pressure at the moment. After facing the daunting task of adapting to a global pandemic and shifting policy around what that means for operations and workers, they are now navigating a severe energy crisis, which has seen them absorb gas bills that have risen more
- [Private Growth Capital - Current Trends](https://www.cavendish.com/private-growth-capital-current-trends/) - No Content No Content By zuleika salter , co-head of private growth capital Much has been made of the dearth of IPOs amidst current market uncertainty but how much of this relates to the private fundraising market? Is the private market in freefall mirroring public markets? As for the current investor appetite for fundraisings, it
- [Human Capital Technology M&A at Cavendish](https://www.cavendish.com/human-capital-technology-ma-at-cavendish/) - Follow us Ready to start a conversation?
- [Climate change disclosures – what should I do now?](https://www.cavendish.com/climate-change-disclosures-what-should-i-do-now/) - No Content No Content If you’re a large UK-based public organisation with more than 500 employees, or a private organisation with over 500 employees and £500m or more in turnover, you are now required to report your emissions, climate change risks and governance in line with the TCFD framework. This is to allow investors to
- [What climate disclosure frameworks are out there, and which apply to me?](https://www.cavendish.com/what-climate-disclosure-frameworks-are-out-there-and-which-apply-to-me/) - No Content No Content Disclosures on climate change are becoming increasingly commonplace due to stakeholder pressure, a desire to futureproof businesses and now an increase in legislation mandating companies measure and report their climate risk. As we outline below, disclosure mandates are centred around the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD),
- [Do you have a plan for net zero?](https://www.cavendish.com/do-you-have-a-plan-for-net-zero/) - No Content No Content Businesses can look to get ahead by conducting energy audits and TCFD assessments to work out energy and emissions-intensive areas where they can invest in energy efficiency to save costs and emissions. Following this, increasing on-site renewables can help provide a further buffer against today’s volatile fossil fuel markets. Key takeaways:Most
- [Governments are sticking to net zero](https://www.cavendish.com/governments-are-sticking-to-net-zero/) - No Content No Content The energy crisis has given us all pause for thought. It has also highlighted the risks of relying on an energy system that is built around volatile fossil fuel markets. In the short term, policymakers are setting out measures to support businesses through this period. The UK government, after implementing a
- [The industries on the map for decarbonising by 2050](https://www.cavendish.com/the-industries-on-the-map-for-decarbonising-by-2050/) - No Content No Content By jonathan wright, research director As the world comes together at COP27 in Egypt this week, global leaders will be reminded of the ever-increasing importance of removing CO2 from the atmosphere to reach global climate goals. Key enablers for businesses to achieve net zero by 2025 will be the implementation of
- ["Be fearful when others are greedy, and greedy when others are fearful" | The Consumer Sector View](https://www.cavendish.com/be-fearful-when-others-are-greedy-and-greedy-when-others-are-fearful-the-consumer-sector-view/) - No Content No Content At finnCap, Consumer Research Director Nigel Parson recently published his consumer note ‘Shopping Trolley’ which analyses six UK restaurant operators which include Tortilla Mexican Grill, Fulham Shore, Restaurant Group, Hostmore, Revolution Bars and Loungers. Despite some recent poor trading, current market conditions for the restaurant industry represent an interesting opportunity for
- [Why biogas is generating attention | finnCap Energy Insights](https://www.cavendish.com/why-biogas-is-generating-attention-finncap-energy-insights/) - No Content No Content Why biogas is generating attention These are challenging times. The world is struggling to reduce CO2 emissions at the pace required to limit global temperature increases to 1.5°C. The combination of the Ukraine war (stratospheric gas prices), searing summer heat and widespread droughts (higher energy demand for cooling, reduced hydro and
- [UK public companies under siege from overseas buyers, or are they?](https://www.cavendish.com/uk-public-companies-under-siege-from-overseas-buyers-or-are-they/) - No Content No Content By Henrik persson, head of plc strategic advisory It has been widely discussed that due to macro-economic pressures and the slide in the sterling UK plc is up for sale and that it presents an enticing opportunity for overseas or opportunistic domestic raiders. This should, in theory, prompt a wave of
- [COP27 Key takeaways: Loss and damage, blended finance and unabated emissions](https://www.cavendish.com/cop27-key-takeaways-loss-and-damage-blended-finance-and-unabated-emissions/) - No Content No Content As we outline below, there are two key takeaways from COP27 – the Loss and Damage fund and a lack of action on emissions. Several talking points are also discussed, such as the appeal of blended finance and the new role of natural gas. Loss and Damage Over the past 20
- [Quarterly Market Insights IT Managed Services](https://www.cavendish.com/quarterly-market-insights-it-managed-services/) - No Content No Content As part of our quarterly market insights, we look at a sub-sector within Technology and speak to three Institutional Investors across private equity (LDC), debt (Kartesia) and public markets (Toscafund) about their current views on the managed services sector and longer-term outlook. After a very strong market in 2021, with valuations
- [Capital Review: Winter 2022](https://www.cavendish.com/capital-review-winter-2022/) - No Content No Content Cavendish is delighted to share the next edition of Capital Performance. This is our review of the second half of a remarkable 2021, and our look ahead to the next 12 months. While 2022 is shaping up to continue a pattern of uncertainty, the key ingredients are nevertheless there for a
- [Physical climate risk to businesses](https://www.cavendish.com/physical-climate-risk-to-businesses/) - No Content No Content The response to climate change can be categorised into two approaches - mitigation and adaptation. Climate change mitigation is already at the forefront of many businesses’ strategies, having gained traction over the past decade. Today, for example, 91% of the global economy falls under net zero pledges, up from 19% in
- [Transitional risks to businesses](https://www.cavendish.com/transitional-risks-to-businesses/) - No Content No Content The risk to businesses from climate-related transition risks Transition risks refer to business-related risks that follow societal and economic changes towards a low-carbon economy. Transition risks can come in multiple forms that may include increased disclosure requirements or risks associated with carbon pricing. Climate disclosures In November, the UK government-mandated Transition
- [M&A continues to be relevant despite the macroenvironment](https://www.cavendish.com/ma-continues-to-be-relevant-despite-the-macroenvironment/) - No Content No Content If 2022 was a year to forget for several operators in the hospitality sector, many will be looking to 2023 with cautious optimism. There are no silver bullets to change the difficult macroenvironment, but with some more positive medium-term forward indicators and the UK consumer being the resilient customer that it
- [Private Equity Outlook April 2023](https://www.cavendish.com/private-equity-outlook-april-2023/) - No Content No Content Despite a decline in activity in 2022, the UK remains an attractive location for M&A, particularly in energy, technology, and healthcare sectors. Private equity investment is expected to continue driving M&A growth during 2023, and the market is expected to remain relatively slow in the first half of the year, but
- [Which businesses should keep an eye on water scarcity?](https://www.cavendish.com/which-businesses-should-keep-an-eye-on-water-scarcity/) - No Content No Content Which businesses should keep an eye on water scarcity? Growing levels of water scarcity pose a significant risk to businesses and the broader economy – it has been estimated that business-as-usual levels of water productivity and economic growth will increase the likelihood of water-related production shortfalls and economic disruptions related to
- [Better boards for growth companies](https://www.cavendish.com/better-boards-for-growth-companies/) - No Content No Content We are pleased to share our latest report – Better boards for growth companies, written in conjunction with the Quoted Companies Alliance. The report is based on a study, which surveyed over a hundred Non-Executive Directors (NEDs) of smaller quoted companies. Our survey gathered insights from the NED community regarding NED
- [In the business of carbon removal | finnCap Energy Insights](https://www.cavendish.com/in-the-business-of-carbon-removal-finncap-energy-insights/) - No Content No Content These are challenging times The world is struggling to reduce CO2 emissions at the pace required to limit global temperature increases to 1.5°C. The combination of the Ukraine war (stratospheric gas prices), searing summer heat and widespread droughts (higher energy demand for cooling, reduced hydro and nuclear power output) is resulting
- [Consumer Quarterly Report Sub-Sector in Focus: Beauty And Personal Care](https://www.cavendish.com/consumer-quarterly-report-sub-sector-in-focus-beauty-and-personal-care/) - No Content No Content Welcome to the latest Cavendish Quarterly Consumer Note. This quarter we have a special focus on the Beauty and Personal Care sector. Our report offers an M&A perspective on key themes impacting operators and investors in the consumer sector. Specifically, we’re highlighting the resilience of the Beauty and Personal Care sub-sector
- [No waiting time for AI in healthcare](https://www.cavendish.com/no-waiting-time-for-ai-in-healthcare/) - No Content No Content There’s a catch-22 in the great AI debate. You’re unlikely to get a competitive, early-mover advantage unless you invest confidently in AI, but you’re reticent to invest until its success is proven. By which point your horse has bolted. Healthcare is an industry that deals daily with big data sets of
- [Energy sector analysis: OPEC+ - The gloves come off](https://www.cavendish.com/energy-sector-analysis-opec-the-gloves-come-off/) - No Content No Content Please note: prices quoted are correct at the time of publishing OPEC+ talks fall apart and Saudi is threatening a price war Brent falls to $35/bbl - In the 2014-16 price war Brent bottomed below $28/bbl Oil focused names with heavy debt burdens most exposed – Enquest, Premier and Tullow Gas
- [Navigating coronavirus | finnCap & Cavendish are open for business](https://www.cavendish.com/navigating-coronavirus-finncap-cavendish-are-open-for-business/) - No Content No Content The impact of the COVID-19 pandemic hits us all very hard, including the UK business community. As many activities come to a standstill, sales may drop or come to a stop entirely. We must all remain proactive in planning ahead in order to navigate what’s to come. We’re currently in uncharted
- [finnCap Tech Chat | Belgian Waffle](https://www.cavendish.com/finncap-tech-chat-belgian-waffle/) - No Content No Content The “name a famous Belgian” game is always a challenge, as one always gets stuck after Audrey Hepburn (counting Leopold II as infamous rather than famous – if you don’t know about him look him up and be disgusted). When visiting fund managers over there we’ve been astonished that locals refused
- [finnCap Tech Chat | Every silver lining has the cloud](https://www.cavendish.com/finncap-tech-chat-every-silver-lining-has-the-cloud/) - No Content No Content [Geordie accent] Day 2 in the big brother house, and Andy is in the study……. Self-isolation for the household is going to feel far longer than 2 weeks I fear. In fact, the BBC says that government advisors have suggested a period of social distancing (the new name for the quarantine,
- [finnCap Tech Chat | Escaping rural isolation](https://www.cavendish.com/finncap-tech-chat-escaping-rural-isolation/) - No Content No Content Apocalypse movies often start out in remote areas, and then see all sorts of strange things happen to the unfortunate people who happen to be trapped there. While the current situation bears some resemblance to this for those in rural areas, there are, thankfully, more enjoyable things for the people trapped
- [finnCap Tech Chat | March goes out like a lion, too](https://www.cavendish.com/finncap-tech-chat-march-goes-out-like-a-lion-too/) - No Content No Content Now I understand there is something called a lockdown occurring. It’s a very strange thing but having spent the last few weeks of March buried in prelims, Excel spreadsheets and Word documents, as reporting season comes to an end every April the Lesser-Spotted Equities Analyst shuffles out of his annual hibernation
- [New report: The AIM response to COVID-19](https://www.cavendish.com/new-report-the-aim-response-to-covid-19/) - No Content No Content What is the coronavirus impact on forecasts? What is the corporate operational response? How are companies managing cash flow? finnCap’s Research Team has pulled together this latest report, charting the responses from AIM and quoted companies on how they’re dealing with COVID-19 and its long term impact. Raymond Greaves, Head of
- [Fund managers and exchanges likely winners post-COVID-19](https://www.cavendish.com/fund-managers-and-exchanges-likely-winners-post-covid-19/) - No Content No Content Figures show that recurring revenue, high ROCE, economies of scale and active management put fund managers and exchanges at an advantage when it comes to recovery. Overall the wider financial services sector is in a strong position to recover despite initial losses. Fund managers and exchanges are likely to emerge from
- [finnCap Tech Chat | A Spoonful of Sugar](https://www.cavendish.com/finncap-tech-chat-a-spoonful-of-sugar/) - No Content No Content Today we are exactly one third of the way through the year. As years go, I have far fewer holiday snaps than I’d like to have had by this stage - and yet the year has actually been rather too remarkable so far. May 1st has connotations of socialist celebration, or
- [Podcast | Life after lockdown: How great FDs can help businesses emerge stronger](https://www.cavendish.com/podcast-life-after-lockdown-how-great-fds-can-help-businesses-emerge-stronger/) - No Content No Content finnCap Group, partnered with Acuity Associates brings you our latest podcast. As a country we are now entering the phase of lockdown where we can see an exit route. In this podcast episode we discuss how excellent FDs/CFOs can help businesses thrive through this crucial point in the COVID-19 crisis and
- [Podcast | 5D FD – The 5 dimensions of great FDs](https://www.cavendish.com/podcast-5d-fd-the-5-dimensions-of-great-fds/) - No Content No Content What are the 5 dimensions of great FDs? In partnership with Acuity Associates, our latest podcast - which you can listen to here - discusses how the most agile FDs/CFOs can help businesses thrive through the coronavirus crisis and emerge out the other side in a good position. Acuity Associates finds and recruits Finance Directors
- [finnCap Tech Chat | Emotional Investment](https://www.cavendish.com/finncap-tech-chat-emotional-investment/) - No Content No Content So sport is coming back. Football is coming home (the German Bundesliga kicks off tomorrow). Golfers are teeing up their tournaments and anglers are preparing to cast off. The world is tiptoeing back towards normality, sportsmen are taking their socks off to dip a toe in the water and check whether
- [How are Private Equity firms reacting to the Covid-19 crisis?](https://www.cavendish.com/how-are-private-equity-firms-reacting-to-the-covid-19-crisis/) - No Content No Content The relentless progress of Covid-19 is pummeling life and business in the UK in a way that hasn’t been seen since World War II. The health of the nation has been shifted to the center of importance, with UK businesses effectively put in lockdown to tackle the spread and save lives.
- [Event - Inside the deal: Is Tech the shot in the arm that Healthcare needs?](https://www.cavendish.com/event-inside-the-deal-is-tech-the-shot-in-the-arm-that-healthcare-needs/) - No Content No Content We’ve teamed up with Business Leader to go ‘Inside the Deal’ in a series of virtual events that you will not want to miss. In this instalment, we dive into the topic of accelerating digital transformation across the healthcare sector. 2020 saw hospitals, health systems, and also patients, increasingly relying on
- [Selling Your Business: How to attract the best buyer](https://www.cavendish.com/selling-your-business-how-to-attract-the-best-buyer/) - No Content No Content In the final part of our series on exiting, we look at the four most common types of buyer, the processes involved for each one, and discuss what you can do to make your business more attractive. As well as securing you a good deal, finding the right buyer will give
- [How Mergers and Acquisitions in EdTech shows the sector continues to thrive](https://www.cavendish.com/how-mergers-and-acquisitions-in-edtech-shows-the-sector-continues-to-thrive/) - No Content No Content The COVID-19 pandemic has impacted education in quite remarkable ways, ways that would have been perhaps unthinkable even just a couple of months ago. With schools, colleges and universities almost entirely closed and exams cancelled and there has been a dramatic shift to online teaching for many. Indeed, the number of
- [Public M&A: The year that was](https://www.cavendish.com/public-ma-the-year-that-was/) - No Content No Content Henrik Persson, Head of Plc Strategic Advisory, finnCap Capital Markets We are delighted to announce that finnCap Capital Markets’ Plc Strategic Advisory team is advising on the mandatory offer for Watchstone Group by Polygon Global Partners LLP. We’ve remained very busy over the last year and are pleased to see that
- [The logistics of COVID](https://www.cavendish.com/the-logistics-of-covid/) - No Content No Content The logistical challenges presented by COVID-19 for businesses and consumers alike are arguably the greatest in over 75 years. Business models are rapidly adapting to reflect the “new normal” and this is creating new opportunities for growth, engagement with consumers and re-evaluations of supply chains across nearly every sector of the
- [Changing spaces: The future of student living](https://www.cavendish.com/changing-spaces-the-future-of-student-living/) - No Content No Content Keith White, Chairman, CRM Students, is in conversation with Andrew Jeffs, Partner, Business Services in this video interview. Further to their conversation, Keith shared his insights on how the student living and co-living market looks set to evolve, and how it might be impacted post-COVID-19. Watch the interview in full here
- [Health Matters: COVID-19 Testing - 9 April 2020](https://www.cavendish.com/health-matters-covid-19-testing-9-april-2020/) - No Content No Content Weekly thoughts on the healthcare sector from finnCap’s life sciences analysts: Mark Brewer and Arshad Ahad Graphs below show how the EU5 compare in terms of daily new COVID-19 cases and deaths during April. By 7th April, the daily new cases were very similar across the EU5. The UK recorded its
- [finnCap Research Company Notes - 15 April 2020](https://www.cavendish.com/finncap-research-company-notes-15-april-2020/) - No Content No Content Revolution Bars Group (RBG) : COVID-19 and bank facility update Key data Share price (p) 21.9 Target price (p) U/R Market cap (£m) 11.0 Enterprise value (£m) 28.8 The group has issued a statement providing an update on the initiatives taken so far to manage the business through the COVID-19 crisis.
- [Global pharma and biotech’s fight against COVID-19](https://www.cavendish.com/global-pharma-and-biotechs-fight-against-covid-19-2/) - No Content No Content Perhaps it’s time for some good news. First of all, just today biotherapeutics developer Avacta has announced its partnership with Cytiva, formerly known as GE Healthcare Life Sciences, to develop and manufacture a point-of-care (POC) rapid test to diagnose COVID-19 infection. Meanwhile, finnCap Group recently helped raise £14m for drug discovery
- [finnCap Tech Chat | Checking the conditions](https://www.cavendish.com/finncap-tech-chat-checking-the-conditions/) - No Content No Content TA lot of us are now needing to cut hair as a month of lockdown is taking its toll. Unbelievably, if you trust your dexterity, you can now get a virtual haircut with an actual barber/hairdresser guiding you through what to do on a video call for a price that’s similar
- [finnCap Tech Chat | Sleeping Beauty](https://www.cavendish.com/finncap-tech-chat-sleeping-beauty/) - No Content No Content I was reminded recently of the apocryphal tale of some American tourists asking why Windsor Castle was built so close to Heathrow Airport - by my son suggesting that evolution dictated that humans need to sleep, just so as to have time to charge our phones. About five years ago I
- [Webcast – ECommerce: Sustaining the 2020 Boom](https://www.cavendish.com/webcast-ecommerce-sustaining-the-2020-boom/) - No Content No Content Recovery through 2021 will be predominantly consumer-led and its speed and extent will be determined by the willingness to spend. Employment levels and real wage growth will be key, but consumers are unlikely to start spending heavily until confidence has recovered. Online retailers have performed strongly, with sector tailwinds turning into
- [Podcast | 5D FD – The 5 dimensions of great FDs](https://www.cavendish.com/podcast-5d-fd-the-5-dimensions-of-great-fds-2/) - Follow us Ready to start a conversation?
- [finnCap Tech Chat | Emotional Investment](https://www.cavendish.com/finncap-tech-chat-emotional-investment-2/) - No Content No Content So sport is coming back. Football is coming home (the German Bundesliga kicks off tomorrow). Golfers are teeing up their tournaments and anglers are preparing to cast off. The world is tiptoeing back towards normality, sportsmen are taking their socks off to dip a toe in the water and check whether
- [Is now a good time to raise institutional capital?](https://www.cavendish.com/is-now-a-good-time-to-raise-institutional-capital-2/) - No Content No Content It’s probably fair to say that in the immediate days of lockdown, few were looking to transact. But as we continue through this period, particularly to the point now where we are beginning to see an easing of restrictions, funds are considering new investments. So, for ambitious private companies, is now
- [Taking Aim at UK Plc Software](https://www.cavendish.com/taking-aim-at-uk-plc-software/) - No Content No Content Follow us Ready to start a conversation?
- [Maximising EBITDA](https://www.cavendish.com/maximising-ebitda/) - No Content No Content In the latest in our Business Advantage series, we look at maximising EBITDA. Vital for business owners looking to increase their earnings before interest, taxes, depreciation, and amortization (EBITDA), we look at the various strategies for improving profitability, including optimising pricing strategies, reducing costs, improving operational efficiencies, and exploring growth opportunities.
- [Technology Quarterly Software Update](https://www.cavendish.com/technology-quarterly-software-update/) - No Content No Content Our recently published Technology Quarterly covers a Q1 2023 update for the UK and US software markets, looking at topics such as the instability in public equity markets during 2022, evolving opportunities for private equity investors and the funding challenges faced by early-stage companies. Despite these challenges, the report highlights that
- [Shopping Trolley | finnCap Consumer quarterly sector note](https://www.cavendish.com/shopping-trolley-finncap-consumer-quarterly-sector-note-2/) - No Content No Content Shopping Trolley | finnCap Consumer quarterly sector note Key Consumer sector themes over Xmas. On balance, there was more cause for pessimism with us concluding that a highly challenging and uncomfortable period lies ahead for most of the consumer sub-sectors, with uncertainty weighing very heavily on UK consumer confidence. On the
- [finnCap Research Company Notes - 06 January 2019](https://www.cavendish.com/finncap-research-company-notes-06-january-2019/) - No Content No Content Altitude Group (ALT) : Corp Major strategic alliance Key data Share price (p) 48.0 Target price (p) 120.0 Market cap (£m) 33.0 Enterprise value (£m) 29.5 Altitude has announced a new strategic alliance with the Advertising Speciality Institute (ASI), the largest media, marketing and education organisation, to integrate its proprietary ESP
- [Support Group | finnCap Support Services quarterly sector note November 2019](https://www.cavendish.com/support-group-finncap-support-services-quarterly-sector-note-november-2019/) - No Content No Content Support Group | finnCap Support Services quarterly sector note Topic of the quarter in Support Services sector. While the forthcoming election has created a significant level of uncertainty, the direction of travel on infrastructure spend seems certain. Both main parties have promised a significant increase. The Conservatives (currently favourite to win)
- [LiDCO - Analyst interview](https://www.cavendish.com/lidco-analyst-interview/) - Follow us Ready to start a conversation?
- [ScaleUp Institute Report](https://www.cavendish.com/scaleup-institute-report/) - No Content No Content Britain “on track to become a scaleup nation”: our fastest growing companies optimistic about their future growth despite the uncertainties of Brexit. The UK is currently on track to become a ‘scaleup nation,’ according to the 2016 ScaleUp Review conducted by the ScaleUp Institute. The 2016 survey of ScaleUp CEOs, published
- [Internet of Things - impact on Support Services sector](https://www.cavendish.com/internet-of-things-impact-on-support-services-sector/) - No Content No Content It is, of course, well known that technology is accelerating the pace of change in business. But to date this change has been most visible in the B2C sector. New business models backed by technology overwhelmed a range of incumbents: think Amazon, Uber and ASOS, to name a few. While technology
- [Plc Strategic Advisory | Driving Growth in 2022](https://www.cavendish.com/plc-strategic-advisory-driving-growth-in-2022/) - No Content No Content Henrik PerssonHead of Plc Strategic Advisory, finnCap Group: "There has been a dramatic surge in M&A activity since the first wave of the pandemic. We are proud to have been trusted to act on six publicly announced public takeover transactions this financial year, ten since the start of the pandemic, and
- [Health Technology Market Update](https://www.cavendish.com/health-technology-market-update/) - No Content No Content The health technology sector in the UK has experienced an unprecedented surge in growth, marked by soaring merger and acquisition M&A activity and record-breaking fundraising ventures in recent years. The onset of the COVID-19 pandemic further fuelled the adoption of digital health solutions, prompting a rush of investment interest in this
- [Investment ideas for 2020](https://www.cavendish.com/investment-ideas-for-2020/) - No Content No Content Happy New Year! What with it being the first full week of January it’s that time of year where we take a view on where the big value lies over the course of the next 12 months. So, where do we go in 2020? In our opinion, UK smaller companies remains
- [finnCap Tech Chat | Back to skool](https://www.cavendish.com/finncap-tech-chat-back-to-skool/) - No Content No Content As the start of school and university rolls around after an already autumnal summer, we’ve had several conversations that have reminded us of textbooks and corporate finance lectures, on how to think about debt and public tech valuations. The theory would be that a certain level of debt can optimise the
- [Shopping Trolley | finnCap Consumer quarterly sector note](https://www.cavendish.com/shopping-trolley-finncap-consumer-quarterly-sector-note/) - No Content No Content Shopping Trolley | finnCap Consumer quarterly sector note Experiential leisure is a fast-developing sector, offering the potential for high future growth. Despite significant macro-economic uncertainty and weak consumer confidence over the past two years, numerous data sources (e.g. Visa’s UK Consumer Spending Index and Barclaycard monthly spending data) point to the
- [finnCap Research Company Notes - 19 December 2019](https://www.cavendish.com/finncap-research-company-notes-19-december-2019/) - No Content No Content PCI Pal (PCIP) : Corp US contract win highlights ongoing momentum Key data Share price (p) 30.0 Target price (p) 50.0 Market cap (£m) 12.8 Enterprise value (£m) 11.3 PCI Pal has signed a three-year contract with one of the largest privately owned companies in the US, delivering recurring ACV of
- [finnCap Tech Chat | The party's over](https://www.cavendish.com/finncap-tech-chat-the-partys-over/) - No Content No Content It’s official, COVID must be over: Houseparty, a video group-chat app which gained popularity with the arrival of lockdown 1, has been removed from app stores and will shut down in October. Thank goodness that the reality is now that we can meet in person, scowl smugly at the anti-vaxxers and
- [finnCap Tech Chat | You wouldn't believe it](https://www.cavendish.com/finncap-tech-chat-you-wouldnt-believe-it/) - No Content No Content Pouring a flute of Champagne (or more precisely, finnCap’s client Chapel Down’s delicious English sparking wine) at last night’s glitzy AIM Awards proved much more contentious than one would have thought. I was on the receiving end of a glass that was poured level to the table, rather than the classic
- [finnCap Research Company Notes - 13 January 2020](https://www.cavendish.com/finncap-research-company-notes-13-january-2020/) - No Content No Content KRM22 (KRM) : Corp Full-year trading update Key data Share price (p) 52.5 Target price (p) 100.0 Market cap (£m) 10.0 Enterprise value (£m) 10.7 KRM22’s trading update for its maiden full 12-month period reveals EBITDA in line with unchanged expectations, from revenue of £4.0m (£4.3mE). ARR of £4.5m (constant currency,
- [Selling Your Business: How to time your exit - No report](https://www.cavendish.com/selling-your-business-how-to-time-your-exit-no-report/) - No Content No Content Peter Gray In the second of our three-part series on choosing the right exit strategy, we examine the key indicators to watch out for when timing your sale – such as sector bubbles, the economy and M&A market – as well as tax reliefs including Entrepreneurs Relief and forecasting. This blog
- [finnCap Tech Chat | Wingardium Leviosa](https://www.cavendish.com/finncap-tech-chat-wingardium-leviosa/) - No Content No Content “There’s a storm coming, Harry, and we all best be ready when she does”. In two separate networking events we’ve attended this week, meeting companies valued from £10bn with an extensive global HR team, down to 35-person outfits aiming for stellar growth, the story is the same. There are insufficient numbers
- [Finance Functions – The cost effective way to maximise your value](https://www.cavendish.com/finance-functions-the-cost-effective-way-to-maximise-your-value/) - No Content No Content Finance Functions – The cost effective way to maximise your value It is often the case that founders and CEOs assess their finance function and the strength of their finance team post a liquidity event. In many ways this is putting the cart before the horse. The benefits of assessing and,
- [2020: A renaissance year for IPOs](https://www.cavendish.com/2020-a-renaissance-year-for-ipos/) - No Content No Content The IPO market awakens Marking the release of our new guide to IPO for entrepreneurs and business leaders, Stuart Andrews, Managing Director at finnCap explains why the public markets offer fresh opportunities for the right companies in 2020. “2019 was a year of political turmoil in the UK. There was continued debate
- [Rude Health | finnCap Life Sciences quarterly sector note January 2020](https://www.cavendish.com/rude-health-finncap-life-sciences-quarterly-sector-note-january-2020/) - No Content No Content Rude Health | finnCap Life Sciences quarterly sector note Summary from finnCap Life Sciences: The AIM Healthcare index rose by 13% in 2019, marginally outperforming the AIM All Share (+12%). AIM Healthcare was outperformed by the larger cap FT All Share Health and World Health indices (+25% and +17%, respectively), assisted
- [finnCap Tech Chat | Making the most of our masochism](https://www.cavendish.com/finncap-tech-chat-making-the-most-of-our-masochism/) - No Content No Content It’s difficult not to feel sorry for my kids’ old toys when the shiny new toys come along and command all their attention. The older toys appear forlorn and unloved, if that’s even possible. Such anthropomorphism (attributing human characteristics to objects) isn’t uncommon, and has given momentum to the ethical vegan
- [finnCap Research Company Notes - 15 January 2020](https://www.cavendish.com/finncap-research-company-notes-15-january-2020/) - No Content No Content By Peter smedley Revolution Bars Group (RBG) : Corp Good H1 pre-close; management actions delivering Key data Share price (p) 84.5 Target price (p) 120.0 Market cap (£m) 42.3 Enterprise value (£m) 57.2 RBG has delivered a strong trading performance over Xmas/New Year’s Eve (+4% LFL sales growth in the key
- [finnCap Tech Chat | Challenging Reality](https://www.cavendish.com/finncap-tech-chat-challenging-reality/) - No Content No Content Star Trek has famously anticipated automatic doors, flip phones, iPads, and only this week the US Space Force’s logo. . Being too young to have seen the original series, the senior citizens of my team have also told me that in order to allow the crew to feel like they're having a
- [finnCap Research Company Notes - 10 February 2020](https://www.cavendish.com/finncap-research-company-notes-10-february-2020/) - No Content No Content ClearStar (CLSU) : Corp Entering the facilities management market Key data Share price (p) 49.0 Target price (p) 90.0 Market cap (£m) 17.8 Enterprise value (£m) 18.6 The provider of Human Capital Integrity technology-based services has been appointed by a leading facilities management company to provide background screening of service providers
- [finnCap Research Company Notes - 11 February 2020](https://www.cavendish.com/finncap-research-company-notes-11-february-2020/) - No Content No Content By lorne Daniel Pelatro (PTRO) : Corp V6 shows Pelatro offers a world class solution Key data Share price (p) 53.0 Target price (p) 125.0 Market cap (£m) 17.2 Enterprise value (£m) 16.9 Pelatro has launched the new version 6 of its flagship mViva Platform, boasting several new advanced features and
- [Selling Your Business: Article from ACQ5](https://www.cavendish.com/selling-your-business-article-from-acq5/) - No Content No Content Peter Gray Time is money – so they say. And when it comes to selling a business, it’s certainly a crucial factor when it comes to maximising value. But working out the perfect time to exit a business is often difficult. To help address this, Cavendish has produced the Definitive Guide
- [finnCap Tech Chat | Sharing the pain](https://www.cavendish.com/finncap-tech-chat-sharing-the-pain/) - No Content No Content Two hunters are out in the woods when one of them collapses. He's not breathing so his friend calls the emergency service number. “My friend is dead! What should I do?" The operator replies, "Calm down sir, first make sure that he's really dead." There's a silence, then a loud bang.
- [finnCap Research Company Notes - 23 January 2020](https://www.cavendish.com/finncap-research-company-notes-23-january-2020/) - No Content No Content Avingtrans (AVG) : Corp Upbeat trading update Key data Share price (p) 307.5 Target price (p) 300.0 Market cap (£m) 96.4 Enterprise value (£m) 98.5 In a brief trading update, the company confirms it is trading in line with market expectations, having continued to perform well in the first half. The
- [Shopping Trolley Sector Note](https://www.cavendish.com/shopping-trolley-sector-note/) - Follow us Ready to start a conversation?
- [Support Services quarterly sector note](https://www.cavendish.com/support-services-quarterly-sector-note/) - Follow us Ready to start a conversation?
- [Technology quarterly sector note](https://www.cavendish.com/technology-quarterly-sector-note/) - Follow us Ready to start a conversation?
- [Orchard Funding Group - Initiation of coverage](https://www.cavendish.com/orchard-funding-group-initiation-of-coverage/) - Follow us Ready to start a conversation?
- [Abzena - Initiation of coverage](https://www.cavendish.com/abzena-initiation-of-coverage/) - Follow us Ready to start a conversation?
- [Fintech will be the victor in the coming payment wars](https://www.cavendish.com/fintech-will-be-the-victor-in-the-coming-payment-wars/) - No Content No Content Head of Financial Services, Ben Goldring, recently wrote a piece for Global Banking and Finance Review on why ‘Fintech will be the victor in the coming payment wars’. Positioning Amazon recent decision to remove Visa as a payment option for UK users as a centre piece, the article focuses on why
- [Mining quarterly sector note](https://www.cavendish.com/mining-quarterly-sector-note/) - Follow us Ready to start a conversation?
- [Event: Webinar – Ensuring its future – technology and the insurance sector](https://www.cavendish.com/event-webinar-ensuring-its-future-technology-and-the-insurance-sector/) - No Content No Content Our next webinar in the Inside the Deal series, in conjunction with Business Leader, discusses the opportunities and challenges of disruptive innovation facing the insurance industry. For many insurers, innovation has become the key to improving their business and staying competitive. The rise of Insurtech is one of the biggest shakeups
- [finnCap Research Company Notes - 18 November 2019](https://www.cavendish.com/finncap-research-company-notes-18-november-2019/) - No Content No Content By Martin Potts Savannah Resources (SAV) : Corp Third mining lease awarded in Mozambique Key data Share price (p) 2.2 Target price (p) 15.0 Market cap (£m) 28.9 Enterprise value (£m) 22.1 Savannah Resources has announced that it has received the third Mining Concession that together comprise the central part of
- [Why it’s important for your business to think about education](https://www.cavendish.com/why-its-important-for-your-business-to-think-about-education/) - No Content No Content It’s clear there are obvious benefits for society at large from investing in better education. But there are also explicit benefits to businesses, highlighting the need for education to be on their radars. Fundamentally, your organisation depends on well-educated, talented individuals to operate and thrive. A strong and healthy skilled workforce
- [In conversation: Can't decide to float or sell? Try Dual Track](https://www.cavendish.com/in-conversation-cant-decide-to-float-or-sell-try-dual-track/) - No Content No Content What is Dual Track? Listen to the podcast below Deciding to float or sell? Try Dual Track This article is adapted from a feature in the Ambition Nation Magazine, which is given out free to delegates at the Ambition Nation Summit, Wednesday 2 October 2019. Dual Track is a finnCap service
- [Creating new connections help scale-up our economic intelligence](https://www.cavendish.com/creating-new-connections-help-scale-up-our-economic-intelligence/) - No Content No Content As a baby’s brain grows, it learns. Every move, every sight and every sound he or she picks up creates another neural connection and the child grows and develops with each new experience. For us to grow as a nation follows a similar principle. Creating new networks and new connections does
- [Why investors still back Netflix](https://www.cavendish.com/why-investors-still-back-netflix/) - No Content No Content It’s right to question the SVoD’s debt burden, but its model is sound says Linda Sullivan The news that Netflix is set to invest £400m in British-made TV shows and films has prompted questions once again about whether such spending is sustainable, given that the company has significant debt. Indeed, it
- [A Pharma Funding Overview & Outlook for 2020](https://www.cavendish.com/a-pharma-funding-overview-outlook-for-2020-no-report/) - No Content No Content Michael Jewell Michael Jewell, partner and head of healthcare & life sciences at Cavendish Corporate Finance looks back at the key trends across pharma industry funding in 2019 and gives his perspective on how 2020 will look. As we approach the end of 2019, it’s a good time to look back
- [The Joy of Techs | finnCap Technology quarterly sector note November 2019](https://www.cavendish.com/the-joy-of-techs-finncap-technology-quarterly-sector-note-november-2019/) - No Content No Content The Joy of Techs | finnCap Technology quarterly sector note Summary – In this report we outline the investment case for four companies that we believe have transformative growth potential: Bigblu Broadband, Audioboom, ULS and Beeks. We also include the current sector valuation, our recent research, and a profile of all
- [finnCap Tech Chat | Vote for Tech](https://www.cavendish.com/finncap-tech-chat-vote-for-tech/) - No Content No Content As we approach the UK election on December 12th, we thought to shed some light on the increasing role that tech is having on global elections. The Cambridge Analytica situation and subsequent press and TV coverage such as Netflix’s ‘The Great Hack’ undoubtedly drew attention to the role of social media
- [finnCap Tech Chat | A Deep Dive on Data](https://www.cavendish.com/finncap-tech-chat-a-deep-dive-on-data/) - No Content No Content My eye was caught by yesterday’s newspaper story of the discovery of the wreck of the Scharnhorst, a famous German warship, flagship of the notorious German East Asia Squadron; a fleet of fast and powerful cruisers which terrified allied shipping in the Pacific at the outbreak of WW1. When its base
- [finnCap Tech Chat | Elvis on the Moon](https://www.cavendish.com/finncap-tech-chat-elvis-on-the-moon/) - No Content No Content I’m fascinated by the Law of Unintended Consequences. History is littered with examples; Wrigley was originally a maker of baking powder which started to include little bits of chewing gum to sell their product when people started buying pre-baked bread. Lego was a wooden toy company until a warehouse fire left
- [M&A Trends in Petcare](https://www.cavendish.com/ma-trends-in-petcare/) - No Content No Content Jonathan Buxton Why the market is ripe for further merger and acquisition activity which could see a very different petcare sector emerge in the years to come. Petcare is one of the fastest growing areas of the consumer sector. Globally it’s a £100bn market, with the UK petcare sector now value
- [Savor the benefits of healthy beverages](https://www.cavendish.com/savor-the-benefits-of-healthy-beverages/) - No Content No Content Jonathan Buxton The global healthy beverages market has doubled in size over the last 15 years due to wellness trends, with strong growth expected to continue. Oaklins’ specialist Paolo Russo examines how fast-shifting consumer preferences have forced companies to innovate and introduce products with new features that blur traditional boundaries and
- [Beauty is in the eye of the acquiror](https://www.cavendish.com/beauty-is-in-the-eye-of-the-acquiror/) - No Content No Content An analysis of the acquisition by GPF Capital of beauty and household products company Quimi Romar highlights some of the trends currently influencing private equity M&A deals. Oaklins’ specialists José Falgás and Nicholas Walker reflect on the characteristics of this transaction as well as on key themes in the market today,
- [Global trends and transactions in today’s food flavors industry](https://www.cavendish.com/global-trends-and-transactions-in-todays-food-flavors-industry/) - No Content No Content Jonathan Buxton Oaklins’ specialist Michele Manetti gives us an overview of the food ingredients (FI) sector, looking at elements such as customer base and barriers to entry, as well as key global trends. He also examines a selected number of listed FI companies that have outperformed traditional manufacturers in recent times.
- [Selling Your Business: How do I find my exit?](https://www.cavendish.com/selling-your-business-how-do-i-find-my-exit/) - No Content No Content Peter Gray In the first of our series on exiting, we examine what makes the right conditions for the right exit, taking a first look at the four most common routes; trade sale, PE sale, refinancing and flotation. Selling a business ranks as one of the most important decisions a business
- [Invest in people not ideas - Key lessons from Ambition Nation 2019](https://www.cavendish.com/invest-in-people-not-ideas-key-lessons-from-ambition-nation-2019/) - No Content No Content With contributions from polar explorer Ben Saunders, Alexander Mann Solutions CEO Rosaleen Blair CBE and entrepreneur Jamie Waller – this year’s Ambition Nation Summit proved as enlightening and surprising as the last. Here’s a round-up of what we learned… Held in the sumptuous ballroom of Claridge’s, our third Ambition Nation Summit
- [2019 Business Highlights](https://www.cavendish.com/2019-business-highlights/) - No Content No Content Lord Leigh of Hurley Delivering your business ambition through leading equity capital markets and corporate finance expertise, Plc advisory, debt advisory, private fundraising and sell-side and buy side M&A advisory. Lord Leigh of Hurley, Senior Partner of Cavendish and Deputy Chairman of finnGroup plc commented: “Undoubtedly this year has been challenging
- [finnCap Research Company Notes - 24 October 2019](https://www.cavendish.com/finncap-research-company-notes-24-october-2019/) - No Content No Content Shoe Zone (SHOE) : Corp Early signs of restored positive trading momentum Key data Share price (p) 118.5 Target price (p) 220.0 Market cap (£m) 59.3 Enterprise value (£m) 49.9 Today's FY19 pre-close trading statement should be well-received by investors on multiple levels and therefore serve as the basis of a
- [finnCap Research Company Notes - 30 October 2019](https://www.cavendish.com/finncap-research-company-notes-30-october-2019/) - No Content No Content By Mark Brewer ANGLE (AGL) : Corp Positive analytical results and FDA Q-Submission Key data Share price (p) 76.0 Target price (p) 135.0 Market cap (£m) 131.3 Enterprise value (£m) 103.4 ANGLE confirmed positive results from the analytical studies. To ensure the De Novo filing process for Parsortix, as the first
- [finnCap Tech Chat | First Generation Tech Users](https://www.cavendish.com/finncap-tech-chat-first-generation-tech-users/) - No Content No Content Unlike any of our direct competitors, finnCap has the achieved the FCA approved situation where retail investors who sign all the relevant risk statements are able to read the same research (on house stocks only) provided to institutional investors, significantly broadening the wider understanding of the corporate clients we represent. After
- [Who’s next in techs? Exploring four under-researched stocks](https://www.cavendish.com/whos-next-in-techs-exploring-four-under-researched-stocks/) - No Content No Content The big trends of 2019 have meant it’s been a big year for our tech sector meeting fresh demand, disrupting the status quo and breaking new ground. Party manifestos broadly pledge to invest in infrastructure, ultrafast broadband and improving government procurement in research and innovation. As such, our Technology Sector experts
- [The Definitive Guide to Selling your Business](https://www.cavendish.com/the-definitive-guide-to-selling-your-business/) - No Content No Content Your business may represent a lifetime’s work and its value will frequently represent most, if not all, of your wealth. For that reason, selling your business ranks as one of the most important decisions you will ever take. It will hopefully result in you realising the value you have created in
- [Acquisitive trends in the rise of threat intelligence](https://www.cavendish.com/acquisitive-trends-in-the-rise-of-threat-intelligence/) - No Content No Content Anthony Platt, co-Head of Technology at finnCap Cavendish writes: I tend to see it as the ultimate computer game. It pits good versus evil and is played daily on screens around the world. Adversaries bid to outmanoeuvre each other and the prize pot for either side can run into millions of
- [The M&A outlook for the remainder of 2022](https://www.cavendish.com/the-ma-outlook-for-the-remainder-of-2022-2/) - No Content No Content In our last global M&A market update in December, I suggested that geopolitical risk was one of the few clouds on the horizon threatening the health of the market. What we and no one else predicted was how rapidly that risk would materialise in 2022 with the Russian invasion of Ukraine
- [Why funding doesn’t have to be a founder’s job](https://www.cavendish.com/why-funding-doesnt-have-to-be-a-founders-job/) - No Content No Content The head of a scaling, fast growth company wears many hats. Being the business’s corporate finance adviser doesn’t need to be one of them. Regular attendees of entrepreneur forums, small business conferences and the like will have seen the subject of fundraising come up time and again. As countless tips and
- [APPG: Call for Entrepreneurship Education](https://www.cavendish.com/appg-call-for-entrepreneurship-education/) - No Content No Content The future of work is very likely to demand increased flexibility and creativity. These key entrepreneurial skills are not, at present, being properly encouraged in schools in the United Kingdom, and such an omission leaves the country at risk of falling behind. Enterprise can help us benefit from the opportunities provided
- [City’s first female stockbroker chief is role model](https://www.cavendish.com/citys-first-female-stockbroker-chief-is-role-model/) - No Content No Content Sam Smith, CEO of finnCap plc tells Ben Martin of The Times that she wants more women to follow her lead into the world of finance. Read full article in The Times (£) Follow us Ready to start a conversation?
- [Thousands of firms may sell up as they fear Corbyn’s tax raid: What are the threats facing British entrepreneurs?](https://www.cavendish.com/thousands-of-firms-may-sell-up-as-they-fear-corbyns-tax-raid-what-are-the-threats-facing-british-entrepreneurs/) - No Content No Content Lord Leigh of Hurley, Senior Partner at Cavendish Corporate Finance discusses the threats facing British entrepreneurs should there be change of government and Labour’s plan to axe Entrepreneurs Relief. Read the full article in This is Money Follow us Ready to start a conversation?
- [E-Commerce M&A Driven By Old Economy Acquirors](https://www.cavendish.com/e-commerce-ma-driven-by-old-economy-acquirors/) - No Content No Content After transforming the global consumer sector landscape over the last decade, e-commerce looks set to continue to define the sector’s future. One of the most widely documented trends is the growth of the awkwardly named Digitally Native Vertical Brand (DNVB) businesses. DNVBs such as Allbirds, Caspar and Bonobos are able to
- [Why Brexit could boost growth business investment in Britain](https://www.cavendish.com/why-brexit-could-boost-growth-business-investment-in-britain-no-report/) - No Content No Content Lord Leigh of Hurley argues that getting out of the EU will free up restrictions on EIS and SEIs funding in Britain. He offers 7 ways to boost tax-driven investment for start-ups and growth companies. Read full article in growth business Follow us Ready to start a conversation?
- [finnCap Research Company Notes - 24 July 2019](https://www.cavendish.com/finncap-research-company-notes-24-july-2019/) - No Content No Content Independent Oil & Gas (IOG) : Corp Gas reception facilities acquisition and Harvey update Key data Share price (p) 14.1 Target price (p) 56.0 Market cap (£m) 47.7 Enterprise value (£m) 58.9 IOG is acquiring the Thames Reception Facilities at the Bacton gas terminal for a nominal consideration ahead of refurbishment
- [This Year’s Model](https://www.cavendish.com/this-years-model/) - No Content No Content After transforming the global consumer sector landscape over the last decade, e-commerce looks set to continue to define the sector’s future. Jonathan Buxton, partner and head of Consumer outlines M&A trends in e-commerce, and the outlook for the retail sector In August 2018, market research firm Euromonitor predicted that e-commerce would
- [Event – Inside the Deal: 2021 makes a strong case for LegalTech](https://www.cavendish.com/event-inside-the-deal-2021-makes-a-strong-case-for-legaltech/) - No Content No Content We’ve teamed up with Business Leader to go ‘Inside the Deal’ in a series of virtual events that you will not want to miss. We begin this series by looking at LegalTech, which is now a rapidly-growing sector globally and both law firms and investment houses are taking note. Investment in
- [US post house buys The Farm Group](https://www.cavendish.com/us-post-house-buys-the-farm-group/) - No Content No Content WPP is on the verge of selling its 75% stake in The Farm Group, according to a report in The Times. Burbank, California post-production and VFX company Picture Shop is reportedly close to confirming its investment in The Farm Group. It’s a deal that values The Farm Group at around £50m.
- [Why the brakes are still on the European electric vehicle industry](https://www.cavendish.com/why-the-brakes-are-still-on-the-european-electric-vehicle-industry/) - No Content No Content Our latest Mining Sector research sees huge opportunity for Europe to capture a significant share of the lithium battery value chain, and potentially position the European electric vehicle sector as a global driver. There are, however, big investment gaps putting a block in the road. The European car industry is already
- [Shopping Trolley | finnCap Consumer quarterly sector note](https://www.cavendish.com/shopping-trolley-finncap-consumer-quarterly-sector-note-3/) - No Content No Content Shopping Trolley | finnCap Consumer quarterly sector note Multiple unexpected surprises across the Consumer Sector. We retain our unchanged overall view that “a highly challenging and uncomfortable period lies ahead for most of the consumer sub-sectors”, with uncertainty weighing heavily. What confounds us, however, is the nature and scope of the
- [Gamechangers: A video games market on the cusp of revolution](https://www.cavendish.com/gamechangers-a-video-games-market-on-the-cusp-of-revolution/) - No Content No Content finnCap Consumer Sector analysts see that the video games industry is on the cusp of a distribution revolution; there is an explosion of gaming platforms coming which will likely address a broader, device-agnostic market, potentially significantly expanding the addressable market. With video games clients already actively taking advantage of new ways
- [The front door is open to affordable housing innovators](https://www.cavendish.com/the-front-door-is-open-to-affordable-housing-innovators/) - No Content No Content Our latest research suggests that the UK affordable housing issue has reached a tipping point. Our latest Support Services sector quarterly reveals great opportunities for growth for investible, scaling businesses finding inventive new ways to improve the crisis. If you are a private, scale-up company developing innovative solutions to take on
- [finnCap Research Company Notes - 1 May 2019](https://www.cavendish.com/finncap-research-company-notes-1-may-2019/) - No Content No Content Tracsis (TRCS) : Corp Acquisition Key data Share price (p) 655.0 Target price (p) 775.0 Market cap (£m) 187.2 Enterprise value (£m) 168.5 Appropriately coinciding with the appointment of Chris Barnes as CEO, allowing John McArthur to focus on M&A, Tracsis has announced the acquisition of Bellvedi Ltd, developer of timetable
- [Tailings | finnCap Mining quarterly sector note ](https://www.cavendish.com/tailings-finncap-mining-quarterly-sector-note/) - No Content No Content martin potts Tailings | finnCap Mining quarterly sector note This quarter’s Mining sector topic: We take another look at lithium, this time from the perspective of the recently refreshed Strategic Battery Value Chain initiative in Europe. Recent investment proposals, in particular by the Volkswagen Group and by Swedish battery start-up Northvolt,
- [New wave of tech companies grows to meet rising tide of plastic pollution](https://www.cavendish.com/new-wave-of-tech-companies-grows-to-meet-rising-tide-of-plastic-pollution/) - No Content No Content Plastic pollution shows scant sign of slowing, our latest Energy Sector Quarterly reports. But right now, we’re seeing a nascent energy technology subsector, focused on addressing the problem, experience a pace of change that cannot be ignored. A swathe of innovative tech companies, private and public, are creating energy feedstocks from recycling
- [Consumer quarterly sector note - Q2 2016](https://www.cavendish.com/consumer-quarterly-sector-note-q2-2016/) - No Content No Content Follow us Ready to start a conversation?
- [Consumer Quarterly Report Sub-Sector in Focus: Hospitality](https://www.cavendish.com/consumer-quarterly-report-sub-sector-in-focus-hospitality/) - No Content No Content We are delighted to present the latest edition of the Cavendish Quarterly Consumer Note, with M&A insights into the key themes shaping the landscape for operators and investors in the consumer sector. At the macro level, our focus remains on critical factors such as inflation, interest rates, and consumer confidence. We
- [finnCap Research Company Notes - 10 June 2019](https://www.cavendish.com/finncap-research-company-notes-10-june-2019/) - No Content No Content Avacta (AVCT) : Corp PD-L1 candidate selected Key data Share price (p) 30.5 Target price (p) 125.0 Market cap (£m) 35.2 Enterprise value (£m) 23.4 Avacta announced that it has selected its first clinical candidate Affimer against the cancer immunotherapy target PD-L1, to take into Phase I clinical trials, thereby remaining
- [finnCap Research Company Notes - 18 June 2019](https://www.cavendish.com/finncap-research-company-notes-18-june-2019/) - No Content No Content Castleton Technology (CTP) : Corp Prelims Key data Share price (p) 106.5 Target price (p) 140.0 Market cap (£m) 86.9 Enterprise value (£m) 91.5 Castleton’s prelims report performance in line with the trading update: EBITDA of £6.3m (vs £6.3mE) from revenue of £26.4m (vs £26.5mE), with operating cash conversion of 97%,
- [Plc Strategic Advisory | The Public M&A Outlook for 2022](https://www.cavendish.com/plc-strategic-advisory-the-public-ma-outlook-for-2022/) - No Content No Content Henrik Persson, Head of Plc Strategic Advisory, finnCap Group Excerpt taken from Capital Performance - Winter 2022 reportIt is a comfort, in a long period of variants and uncertainty, that at least one of my predictions as we entered 2021 – that of a high level of public takeovers and shareholder
- [Direct to Consumer: Rite of Passage | Consumer Insights - Jan 2022](https://www.cavendish.com/direct-to-consumer-rite-of-passage-consumer-insights-jan-2022/) - No Content No Content The rite of passage Direct-to-consumer is the biggest trend in retail today, but it is proving difficult for investors to make money from this secular shift at present. The share price performances of the thirteen Direct-to-Consumer stocks that have listed on AIM or the main market in 2021 have been disappointing
- [Pace continues as global firms see M&A as primary growth driver](https://www.cavendish.com/pace-continues-as-global-firms-see-ma-as-primary-growth-driver-2/) - No Content No Content Last week Citizens published its annual survey consisting of 400 US middle-market company CEOs, CFOs, and Private Equity firm Principals. The survey data suggests a favourable outlook for M&A, despite economic headwinds and the global pandemic, and that volumes and valuations will remain strong in 2022 following a record-setting 2021. One

## Pages

- [Cavendish](https://www.cavendish.com/) - We help ambitious entrepreneurs build outstanding companies
- [Team](https://www.cavendish.com/team/) - About us Meet the Team Let's work together
- [Birmingham](https://www.cavendish.com/birmingham/) - About us Cavendish in BirminghamA trusted partner for ambitious companies in the Midlands Cavendish is a UK investment bank advising ambitious public and private companies across all stages of growth. From equity capital markets to M&A, debt advisory and private growth capital, we help clients unlock value and achieve long-term goals. Our Birmingham office reflects
- [Investors](https://www.cavendish.com/investors/) - Cavendish Investors Latest Share Price Corporate Governance Board of Directors Responsible for setting and approving the Group’s long-term objectives and overall strategy as well as monitoring performance. Investor News The latest Investor News and share information for Cavendish plc. AIM 26 Rule Information disclosed in accordance with Rule 26 of the AIM Rules. Corporate Governance
- [Giving Back](https://www.cavendish.com/about-us/giving-back/) - About us Helping Make Positive Change Through Our Community Engagement Contribution to the Community At Cavendish, we are committed to making a positive contribution to the communities in which we operate and to supporting the charitable initiatives of our colleagues. Corporate social responsibility forms an integral part of our culture, reflecting our broader commitment to
- [Non Executive Director Programme](https://www.cavendish.com/non-executive-director-programme/) - Cavendish Non-Executive Director Programme 2026 Event overview Cavendish is hosting a series of invite-only breakfasts for the non-executive community throughout the year. These breakfasts are designed to brief NEDs on our insights and experience, based on ongoing deal flow and conversations within our network, to help empower board room debate and are hosted by Lisa
- [Current Vacancies](https://www.cavendish.com/current-vacancies/) - Careers at Cavendish Current Vacancies Join the Cavendish Team At Cavendish, we are always looking for talented, driven individuals to join our team. We offer a dynamic and collaborative environment where you can grow your career, work on exciting projects, and make a real impact. Whether you are an experienced professional or just starting out,
- [Partnerships](https://www.cavendish.com/partnerships/) - About us Partnerships Our Partners Cavendish is proud to partner with Helm (formerly The Supper Club), EnCircle Mentoring, and Coutts Bank, forging strong alliances that drive entrepreneurial success and financial innovation. Helm (formerly The Supper Club) Helm, formerly known as The Supper Club, is an exclusive community for founders of scale-ups beyond £1m. The organisation
- [Manchester](https://www.cavendish.com/manchester/) - About us Cavendish in ManchesterA trusted partner for ambitious companies in the North West Cavendish is a UK investment bank advising ambitious public and private companies across all stages of growth. From equity capital markets to M&A, debt advisory and private growth capital, we help clients unlock value and achieve long-term goals. Our Manchester office
- [Our Consumer Team](https://www.cavendish.com/our-consumer-team/) - Our Consumer Team Sector specialists delivering product-agnostic solutions. Meet our Consumer Team Let's work together
- [Careers](https://www.cavendish.com/careers/) - Careers Careers at Cavendish Why work at Cavendish? At Cavendish, we empower ambitious professionals to grow and succeed in a dynamic, high performing environment. Our firm thrives on collaboration, expertise, and a commitment to excellence - helping both our clients and our people reach their full potential. Join our team at Cavendish At Cavendish, we
- [Cavendish Festive Drinks](https://www.cavendish.com/cavendish-festive-drinks/) - Cavendish Festive Drinks Wednesday 3rd December 2025 Thank you for confirming your attendance - we are delighted you can join us. An email confirmation together with a calendar entry will be with your shortly.We look forward to seeing you on 3rd December.
- [Cavendish Festive Drinks #2](https://www.cavendish.com/cavendish-festive-drinks-no/) - Cavendish Festive Drinks Wednesday 3rd December 2025 We are sorry you can't join on us on 3rd December for our drinks, but thank you for letting us know.We hope to catch up with you again soon.
- [About Us](https://www.cavendish.com/about-us/) - About us Driving success for UK companies Cavendish is a UK champion for ambitious companies. With roots that trace back many decades, Cavendish has evolved into a leading investment bank in the UK, with offices in London, Edinburgh, Manchester and Birmingham. As a member of Oaklins' global organisation, we boast a worldwide reach. Cavendish is
- [Scotland](https://www.cavendish.com/scotland-2/) - About us Scotland’s only full-service investment bank and a trusted advisor to ambitious companies and their investors Cavendish is a champion for ambitious companies in Scotland. The Group is trusted by public and private companies, operating across industry sectors, to deliver expert services in equity capital markets, M&A, debt advisory and growth capital. Cavendish has
- [Shareholders](https://www.cavendish.com/shareholders/) - Investors Our Shareholders Our signficant shareholders. Significant shareholdings of 3% or more as at 16 September 2025 were as follows: Share Restrictions There are no restrictions on the transfer of the securities of Cavendish plc. Let's work together
- [AIM Rule 26](https://www.cavendish.com/aim-rule-26/) - Investors AIM Rule 26 AIM Rule 26 Disclosures. The following information is disclosed in accordance with Rule 26 of the AIM Rules. This page was last updated: 16 September 2025 Description of the business: The Cavendish Group is a full-service financial services firm for ambitious growth companies. It currently provides these companies with access to the
- [Women of Influence](https://www.cavendish.com/women-of-influence/) - Women of Influence Empowering women: navigating the path to success Smart Strategies for Growth & ExitExpert guidance on financing, scaling, and selling your business—so you stay in control of your future. The Women of Influence network is designed to support female leaders in C-suite positions. Cavendish will provide educational resources on business matters; networking events
- [NED Seminar 27th November 2025 #2](https://www.cavendish.com/ned-seminar-27th-november-2025-2/) - NED Programme Budget Seminar - 27th November 2025 We are sorry you are not able to join us at our Budget Debrief but look forward to seeing you at a future event. Let's work together
- [NED Seminar 27th November 2025](https://www.cavendish.com/ned-seminar-27th-november-2025/) - NED Programme Budget Seminar - 27th November 2025 Thank you for re-confirming your attendance. We look forward to seeing you on 27th November. Let's work together
- [Offices](https://www.cavendish.com/offices/) - Our Regional Offices Strategically located across the UK to serve you wherever you are. Cavendish maintains a strong regional presence to ensure we deliver exceptional service with a deep understanding of local markets. Our strategically located offices enable us to combine national capability with regional expertise. London Serving as our headquarters, the London office is
- [Women of Influence - News and insights](https://www.cavendish.com/news-insights-2/) - News and insights Articles, Podcasts and Advice about and from Women leading the way Ready to start a conversation?
- [Modern Slavery and Human Trafficking Statement](https://www.cavendish.com/modern-slavery-and-human-trafficking-statement/) - Legal, Disclaimers & Policies Modern Slavery and Human Trafficking Statement Please read our Modern Slavery and Human Trafficking Statement. Let's work together
- [Legal, Disclaimers & Policies](https://www.cavendish.com/legal-disclaimers-policies/) - Legal, Disclaimers & Policies Legal, Disclaimers & Policies Disclaimers Disclaimer for users of this website, Social Media Disclaimer and Research Disclaimer. Cookie Policy Find out more about cookies and how we use cookies on our website. Policies Prevention of the Criminal Facilitation of Tax Evasion, Best Execution and Order Handling Policy, and Research Policy. Modern
- [Complaints Handling Procedure](https://www.cavendish.com/complaints-handling-procedure/) - Legal, Disclaimers & Policies Complaints Handling Procedure Please read our Complaints Handling Procedure. Let's work together
- [Women of Influence - Shaping Business - Issue 1](https://www.cavendish.com/women-of-influence-shaping-business-issue-1/) - Women of Influence Shaping Business Shaping Business. The monthly view for women moving their business forward.Part of our Cavendish Women of Influence Programme. Join Women of Influence
- [Corporate Governance](https://www.cavendish.com/corporate-governance/) - Investors Corporate Governance Cavendish plc Governance Structure. Composition of the Board The Board is responsible for setting and approving the Group’s long-term objectives and overall strategy as well as monitoring performance. The Board currently consists of three Executive Directors and three Non-Executive Directors (including the Chair). All of the Non-Executive Directors are considered to be
- [Policies](https://www.cavendish.com/policies/) - Legal, Disclaimers & Policies Policies Prevention of the Criminal Facilitation of Tax Evasion Cavendish Capital Markets Limited is committed to the prevention, deterrence and detection of (a) criminal tax evasion and (b) criminal facilitation of tax evasion. Accordingly, the Company has adopted a policy for preventing the criminal facilitation of tax evasion (the "Policy"). Details
- [Board of Directors](https://www.cavendish.com/board-of-directors/) - Investors Board of Directors Our Board of Directors Responsible for setting and approving the Group’s long-term objectives and overall strategy as well as monitoring performance. John Farrugia JOINT CHIEF EXECUTIVE OFFICER John was appointed to the Board as Chief Executive Officer (Designate) on 8 July 2022, and became Chief Executive Officer with effect from 1
- [Consumer Sector Introduction](https://www.cavendish.com/consumer-sector-introduction/) - Consumer Advising the Consumer Sector Unlocking Growth: Expert Advice for Consumer Businesses. At Cavendish, we help consumer businesses—whether founders, management teams, or private equity owners—unlock the best funding routes for growth and shareholder returns. With deep sector expertise, an extensive network, and a proven track record, we guide clients through public and private markets, equity
- [Why consider an IPO?](https://www.cavendish.com/why-consider-an-ipo/) - Cavendish IPO Readiness Guiding your journey to the Public Markets Why Consider an IPO? An Initial Public Offering (IPO) is a transformative milestone, offering businesses access to capital, enhanced brand credibility, and new strategic opportunities. At Cavendish, we specialise in guiding high-growth companies through the complexities of going public, ensuring a seamless and successful transition
- [News & insights](https://www.cavendish.com/news-insights/) - News and insights Articles, podcasts and video from our experts Ready to start a conversation?
- [Contact Us](https://www.cavendish.com/get-in-touch/) - Cavendish Contact us London Address Cavendish1 Bartholomew Close,London, EC1A 7BL CONTACT T 44 (0) 20 7908 6000contact@cavendish.com Let's start a conversation Edinburgh Address Cavendish6th Floor, 125 Princes Street, Edinburgh, EH2 4AD CONTACT T 44 (0) 20 7908 6000contact@cavendish.com Key contacts Investor Relations Lucy Nicholls HEAD OF INVESTOR RELATIONS lnicholls@cavendish.com020 7908 6000 Business Development Emily Watts
- [Sector Hubs](https://www.cavendish.com/sector-hubs/) - Sector Hubs Let's work together
- [Investor News](https://www.cavendish.com/investor-news/) - Investors Investor News Latest price Price chart Historical price lookup Investment return calculator Let's work together
- [Regulatory News](https://www.cavendish.com/regulatory-news/) - Investors Regulatory News Announcements Let's work together
- [International Reach](https://www.cavendish.com/about-us/international-reach/) - Oaklins Advising the ambitious United by a strong belief that we can achieve the extraordinary. Oaklins is a global team of over 800 financial advisory professionals in 40 countries providing M&A, growth equity, ECM, debt advisory and corporate finance services to support entrepreneurs, corporates and investors in reaching their goals. Providing M&A, growth equity, ECM,
- [Research Portal](https://www.cavendish.com/research-portal/) - Cavendish Research Portal
- [Cavendish in Scotland - Events](https://www.cavendish.com/cavendish-in-scotland-events/) - Cavendish in Scotland Our Events in 2024 120 DAYS TO GO 4th August 2024DURATION: 2 DAYS LONDON UKCONFERENCE CENTRE 42 SPEAKERS10 SPACES Our Events in Scotland Cavendish are delighted to showcase the following exclusive events for year ahead. The events will explore market and sector trends with industry leaders and provide invaluable insight and networking
- [Website Terms & Conditions](https://www.cavendish.com/website-terms-conditions/) - Legal, Disclaimers & Policies Website Terms & Conditions Cavendish Capital Markets Limited ("Cavendish Capital Markets Limited" or "we") provide its content on this website (the "Site" and "Site Content") subject to the following terms and conditions (the "Terms"). We may periodically change the Terms, so please check back from time to time. These Terms were
- [Privacy Policy](https://www.cavendish.com/privacy-policy/) - Legal Disclaimers & Policies Privacy Policy Privacy Policy Data privacy is important to Cavendish Capital Markets and maintaining your trust is our priority. This Privacy Policy explains how we collect, store, use and share personal data that we obtain through this website or from third party sources and when we are in contact with you
- [Email Alerts](https://www.cavendish.com/email-alerts/) - Investors Email Alerts Email*First NameLast NamePlease subscribe me to the following email alerts*AllAcquisitions and alliancesBoard changesDirector / PDMR shareholdingHolding(s) in companyResultsAGM and other meetingsCapital structureDisposalsInsider informationTrading updatesPlease send my existing alert preferences to my email addressI agree that by submitting this form, I accept the website's terms of use and privacy policy.Submit Let's work together
- [Disclaimers](https://www.cavendish.com/disclaimers/) - Legal, Disclaimers & Policies Disclaimers Users of this website should be aware of the following: Cavendish Capital Markets is a trading name of Cavendish Capital Markets Limited (“CCM”). The information and services described on this website are not intended to be used by, or to be available to, persons accessing the website from outside the
- [Cookie Policy](https://www.cavendish.com/cookie-policy/) - Legal, Disclaimers & Policies Cookie Policy How we use cookies on our website We use cookies and similar tools across our websites to improve their performance and enhance your user experience. This policy explains how we do that. What are cookies? Cookies are small text files which a website may put on your computer or
- [Client Data Protection Policy](https://www.cavendish.com/client-data-protection-policy/) - Legal, Disclaimers & Policies Client Data Protection Policy Client Data Protection Policy Data privacy is important to Cavendish Capital Markets and maintaining your trust is our priority. This Policy explains how we collect, store, use and share personal data that we obtain when providing our services to our actual or prospective clients. 1.ABOUT THIS POLICY
- [service listing](https://www.cavendish.com/service-listing/) - Services Cavendish extends its financial service offering to growth companies both private and public. It combines specialist sector and commercial expertise to offer a full range of growth financing and transaction options that put your ambition first. Let’s work together
- [Sectors](https://www.cavendish.com/sectors/)
- [Services](https://www.cavendish.com/services/)

## Hub Pages

- [Tech Companies](https://www.cavendish.com/hub/technology/companies/) - Tech Companies
- [Tech Calendar](https://www.cavendish.com/hub/technology/calendar/) - Technology Calendar Confirmed and expected announcements from the Cavendish technology universe. Please note that unconfirmed dates are based on historic data, adjusted to the same weekday within a week of that date. This calendar is updated at least twice a week. For additions/adjustments, please contact tech@cavendish.com. Cavendish corporate clients are underlined.
- [Tech Indices](https://www.cavendish.com/hub/technology/indices/) - Tech Hub Indices The Cavendish Tech 40 and Next 50 indices comprise the 90 largest Tech stocks that are publicly listed in London, with a market cap of under £1.5bn. The Tech 40 is composed of the 40 largest stocks by market cap; the Next 50 is composed of the next 50 largest stocks. Our
- [Technology](https://www.cavendish.com/hub/technology/) - The Cavendish Tech Hub provides a real-time view of the UK-listed tech environment, including valuation context, software demos and free-to-all-research. Access the latest Technology valuations
- [Tech Chat](https://www.cavendish.com/hub/technology/tech-chat/) - Tech Chat
- [Tech Demos](https://www.cavendish.com/hub/technology/media/) - Tech Demos

## Hub Posts

- [Just a token cost](https://www.cavendish.com/hub-news/just-a-token-cost/) - Tech Chat - July 2026 Just a token cost Many moons ago in my first week at University I called home to say everything was okay. As I chatted to the parents on a payphone, I casually mentioned I’d had a RAMC medical and they’d discovered something wrong with my heart. The pips sounded – I
- [(Love), death and robots](https://www.cavendish.com/hub-news/love-death-and-robots/) - Tech Chat - February 2026 (Love), death and robots The best headline I’ve seen this fortnight is that, in the style of Andrew Mountbatten-Windsor, Peter Mandelson, is to lose his title “the Prince of Darkness” (with thanks to the Daily Mash). Skipping through a fantasy world, allegedly breaking laws that would lead to the imprisonment
- [Consumer confidence dips ahead of budget](https://www.cavendish.com/hub-news/consumer_confidence_dips_ahead_of_budget/) - Consumer Snippets - 21 November 2025 Consumer confidence dips ahead of budget The November GfK Consumer Confidence Index result for the UK fell by 2 points to -19, below consensus of -18, as households grow increasingly pessimistic about the UK's economic outlook and the impact of the Autumn Budget on their spending. The Chancellor is
- [UK job vacancies slowing](https://www.cavendish.com/hub-news/uk-job-vacancies-slowing/) - Consumer Snippets - 28 November 2025 UK job vacancies slowing The UK jobs market continued to soften in September, with advertised vacancies falling -2.4% MoM to 826k, marking the lowest level year-to-date and extending a 39-month streak of decline in ONS data. Open roles are now -4.1% below last year’s levels, underscoring a steady cooling
- [CPO price remains strong](https://www.cavendish.com/hub-news/cpo_price_remains_strong/) - Consumer Snippets - 07 November 2025 CPO price remains strong The CIF Rotterdam YTD average to end October is US$1,217, with the average mill-gate price of US$855, both 11% higher versus last year. The CPO price continued to appreciate in 2H and it shows little sign of reversing. At the interim stage the CIF Rotterdam/mill-gates
- [Minimum wages vs traditional graduate roles](https://www.cavendish.com/hub-news/minimum-wages-vs-traditional-graduate-roles/) - Consumer Snippets - 28 November 2025 Minimum wages vs traditional graduate roles The Chancellor's decision at the Autumn Budget to raise the National Living Wage by 4.1% to £12.71 was well trailed and expected. However,the 8.5% increase in National Minimum Wage to £10.85 was greater than expected. UKHospitality estimates that the NLW increase will cost
- [Life sciences at a crossroads](https://www.cavendish.com/hub-news/life-sciences-at-a-crossroads/) - Healthy Updates - December 2025 Life sciences at a crossroads The latest issue of Life Support explores how shifts in US health policy are redrawing the global life sciences map. A second Trump term has brought sweeping changes at the FDA and HHS, from reduced use of expert advisory panels to aggressive on-shoring and drug-pricing
- [L-AI-ering up the use cases](https://www.cavendish.com/hub-news/l-ai-ering-up-the-use-cases/) - Tech Chat - September 2025 L-AI-ering up the use cases Having watched events unfold from close quarters, my flatmate is all too keen to remind me of Downing Street’s BAFTA winning stagecraft: adding a series of already planned multi-million-pound commercial decisions, announce them at an unprecedented diplomatic event of soft power, and link pageantry and
- [Who do we think you are?](https://www.cavendish.com/hub-news/who-do-we-think-you-are/) - Tech Chat - June 2025 Who do we think you are? In a former job, in a former career, my then-colleague Rupert was not a team player. This was in the days of leaving-cards and leaving-gifts, and he always thought it terribly funny to write “F off” in the card, with no signature. The leavers
- [Pursued by calamities](https://www.cavendish.com/hub-news/pursued-by-calamities/) - Tech Chat - February 2025 Pursued by calamities A lifetime ago I had a gap year (or gap yaaaaaah) around South America, overlanding in a Bedford 6-tonner, but carrying disaster wherever I went. We passed a volcano in Chile and the next day it erupted; drove the length of Argentina, and its currency and economy
- [Chaos is a ladder](https://www.cavendish.com/hub-news/chaos-is-a-ladder/) - Tech Chat - October 2020 Chaos is a ladder This week, we reflect on the year, highlighting stocks that have fared much better than feared. Autumn is here. The warm sunny days we have enjoyed since April are gone and the drizzly weather makes it much more bearable to be inside at the desk and
- [Unbelievable or unreal?](https://www.cavendish.com/hub-news/unbelievable-or-unreal/) - Tech Chat - August 2020 Unbelievable or unreal? It’s a hot day for most of us today, a day for those working from home to remember the benefits of air-conditioned offices. This week we highlight the core strength in Amino’s positioning in an OTT industry which has been supercharged by lockdown; we flag the growing value of D4t4’s CDP market and we end with a warning over the quality of deepfake videos now
- [Eye-roll, Sneer and Groan?](https://www.cavendish.com/hub-news/eye-roll-sneer-and-groan/) - Tech Chat - September 2020 Eye-roll, Sneer and Groan? Not so long ago, the uttering of the term ‘ESG’ might have been answered with an exasperated sigh and the less than flattering nickname of ‘Eye-roll, Sneer and Groan’. However, more recently, Environmental, Social and Governance have proven it is not the bull-market luxury its naysayers
- [What happens in Vegas...](https://www.cavendish.com/hub-news/what-happens-in-vegas/) - Tech Chat - September 2020 What happens in Vegas... Next year, what happens in Vegas will stay...online only. The ongoing uncertainty surrounding that-which-must-not-be-named means that the Vegas-based CES conference will go virtual for the first time, along with the Web Summit exhibition this December and the 2021 TED conference. So instead of meandering through exhibition
- [Test Trace Track](https://www.cavendish.com/hub-news/test-trace-track/) - Tech Chat - October 2020 Test Trace Track With each passing day the government’s expensive Test & Trace system looks increasingly unwieldy. A recent tech chat noted the rather unusual use of Excel spreadsheets for the data management and the sinking feeling we had at that point has continued its downward trajectory with the news
- [Powering donations to Children in Need](https://www.cavendish.com/hub-news/powering-donations-to-children-in-need/) - Tech Chat - November 2020 Powering donations to Children in Need This week, we take on the role of the narrator in How Do They Do It? to explain how Children in Need maximise donations by text to support disadvantaged children and young people around the UK. It’s Children in Need tonight and that has
- [Checkitout](https://www.cavendish.com/hub-news/checkitout/) - Tech Chat - November 2020 Checkitout As we roll into UK Lockdown II, we consider the more definite outcome of the recent Ambition Nation Listed 50 Awards and make a case for the Top-Ranked Technology Company who also, to no surprise, won the Top-Ranked Company Overall. So here we are again in the middle of
- [Squashing the Sombrero](https://www.cavendish.com/hub-news/squashing-the-sombrero/) - Tech Chat - November 2020 Squashing the Sombrero We have seen Boris on TV telling us we need to “flatten the hump” and “squash the sombrero”. The language gets ever more flowery but the basic concept is to sensibly avoid the sharp ups and downs of coronavirus cases; a rollercoaster of ups and lockdowns. It
- [Size matters](https://www.cavendish.com/hub-news/size-matters/) - Tech Chat - January 2021 Size matters This week our Tech analyst looks at the implication of the virtuous circle of valuations with scale as applied to stock screening. School records from my alma mater show how in the last 500 years, history has repeated itself and pandemics are not that rare: back when life
- [Management is child play?](https://www.cavendish.com/hub-news/management-is-child-play/) - Tech Chat - April 2021 Management is child play? Our Tech Research Analyst explores the world of remote workforce management during the pandemic. Well lockdown is coming to a warm and sunny end, restrictions are being eased and we are back to socially-distanced gyms, shops and – a finnCap favourite – pub gardens (and that’s
- [Knocked Up](https://www.cavendish.com/hub-news/knocked-up/) - Tech Chat - March 2021 Knocked Up Our Tech Analyst this week reflects on the initial shock and subsequent silver lining of COVID one year on as company's paths have been disrupted while prospects, at worst, remain unchanged. March 2020 was an initial shock and speedbump for most companies, in the same way. Since then,
- [Eyes on the prize](https://www.cavendish.com/hub-news/eyes-on-the-prize/) - Tech Chat - May 2021 Eyes on the prize This week's Tech Chat focuses on the positives of bringing fresh eyes, energy and clarity of focus to a management team.
- [Sleeping Beauty](https://www.cavendish.com/hub-news/sleeping-beauty/) - Tech Chat - April 2020 Sleeping Beauty This week, we take a deep dive on the importance of sleep and consider how life might change in a post-COVID world. I was reminded recently of the apocryphal tale of some American tourists asking why Windsor Castle was built so close to Heathrow Airport - by my
- [Chicken-Licken was wrong](https://www.cavendish.com/hub-news/chicken-licken-was-wrong/) - Tech Chat - January 2021 Chicken-Licken was wrong January is a dull time of the year and with the interminable lockdown this one is particularly tough. What little fun and festivities you could have last year, are over, the decorations are packed away, the presents are all opened and the alcohol is all drunk (maybe
- [Using Excel for Tech valuation, not Test and Trace](https://www.cavendish.com/hub-news/using-excel-for-tech-valuation-not-test-and-trace/) - Tech Chat - October 2020 Using Excel for Tech valuation, not Test and Trace On Monday we learnt that one of the most important systems in the country, Test and Trace, had last week managed to omit 15.8k cases of COVID-19 from national records because it was being run on Excel. This was baffling considering
- [Privates on Parade](https://www.cavendish.com/hub-news/privates-on-parade/) - Tech Chat - September 2020 Privates on Parade “All human beings have three lives: public, private, and secret”. So said Colombian writer and Nobel laureate, Gabriel García Márquez. I was going to be pretentious and say I read his work in Spanish, but actually I saw Tom Selleck use the quote in a TV cop
- [Dodging the Consequences](https://www.cavendish.com/hub-news/dodging-the-consequences/) - Tech Chat - October 2019 Dodging the Consequences This week, the Tech team contemplate unintended consequences of technologies for its users and wider society. I’m fascinated by the Law of Unintended Consequences. History is littered with examples; Wrigley was originally a maker of baking powder which started to include little bits of chewing gum to
- [First Generation Tech Users](https://www.cavendish.com/hub-news/first-generation-tech-users/) - Tech Chat - November 2019 First Generation Tech Users This week we announce that finnCap has widened our research distribution list for corporate stocks to include retail investors and reflect (and shamelessly reprint) our best received Tech Chats. Unlike any of our direct competitors, finnCap has the achieved the FCA approved situation where retail investors
- [Vote for Tech](https://www.cavendish.com/hub-news/vote-for-tech/) - Tech Chat - November 2019 Vote for Tech This week, we discuss the role of social media and tech platforms in influencing elections, and the importance of using data in the right way to deliver messages across advertising & marketing campaigns. As we approach the UK election on December 12th, we thought to shed some
- [Shakey Pete's four play](https://www.cavendish.com/hub-news/shakey-petes-four-play/) - Tech Chat - November 2019 Shakey Pete's four play This week, our Tech Analyst forages for new and under-represented ideas across four non-corporate stocks. There is a wonderful cocktail in Hawksmoor called Shakey Pete’s – a delicious mixture of beer and gin, with ginger syrup and lemon juice to which if I were to gain
- [Challenging Reality](https://www.cavendish.com/hub-news/challenging-reality/) - Tech Chat - January 2020 Challenging Reality Star Trek has famously anticipated automatic doors, flip phones, iPads, and only this week the US Space Force’s logo. Being too young to have seen the original series, the senior citizens of my team have also told me that in order to allow the crew to feel like they're
- [Making the most of our masochism](https://www.cavendish.com/hub-news/making-the-most-of-our-masochism/) - Tech Chat - January 2020 Making the most of our masochism It’s difficult not to feel sorry for my kids’ old toys when the shiny new toys come along and command all their attention. The older toys appear forlorn and unloved, if that’s even possible. Such anthropomorphism (attributing human characteristics to objects) isn’t uncommon, and
- [Sharing the pain](https://www.cavendish.com/hub-news/sharing-the-pain/) - Tech Chat - February 2020 Sharing the pain This week, we examine the impacts of epidemic on international and UK tech companies. Two hunters are out in the woods when one of them collapses. He's not breathing so his friend calls the emergency service number. “My friend is dead! What should I do?" The operator
- [Finger or face](https://www.cavendish.com/hub-news/finger-or-face/) - Tech Chat - February 2020 Finger or face This week, we discuss how technology should best be used to automate the unglamourous. I recently discovered the flaws of facial recognition when I questioned my 81-year-old Dad on why he always left his new iPhone X unlocked. It turns out he doesn’t. His phone sees the
- [Escaping rural isolation](https://www.cavendish.com/hub-news/escaping-rural-isolation/) - Tech Chat - March 2020 Escaping rural isolation This week, as we begin lockdown, we look at how tech companies are connecting rural areas across the UK. Apocalypse movies often start out in remote areas, and then see all sorts of strange things happen to the unfortunate people who happen to be trapped there. While
- [Every silver lining has the cloud](https://www.cavendish.com/hub-news/every-silver-lining-has-the-cloud/) - Tech Chat - March 2020 Every silver lining has the cloud This week, we outline how lockdown habits are supported by tech companies in our tech universe. [Geordie accent] Day 2 in the big brother house, and Andy is in the study……. Self-isolation for the household is going to feel far longer than 2 weeks
- [Belgian Waffle](https://www.cavendish.com/hub-news/belgian-waffle/) - Tech Chat - March 2020 Belgian Waffle This week, we ask: what is the point of Belgium? We also outline the purpose of blockchain and its applications... a short synopsis of our Bockchain Technology quarterly published today. The “name a famous Belgian” game is always a challenge, as one always gets stuck after Audrey Hepburn
- [In Tech We Trust?](https://www.cavendish.com/hub-news/in-tech-we-trust/) - Tech Chat - March 2020 In Tech We Trust? This week, our Tech analyst discusses the importance of tech companies building trust with their customers and society if we are to drive transformational applications of tech in our lives. In December our current prime minister said that politicians who lie during political campaigns should be
- [Checking the conditions](https://www.cavendish.com/hub-news/checking-the-conditions/) - Tech Chat - April 2020 Checking the conditions Our Tech Research Analyst explores the world of Zoom, online privacy and data management in 2020. A lot of us are now needing to cut hair as a month of lockdown is taking its toll. Unbelievably, if you trust your dexterity, you can now get a virtual
- [March goes out like a lion, too](https://www.cavendish.com/hub-news/march-goes-out-like-a-lion-too/) - Tech Chat - April 2020 March goes out like a lion, too This week, as the Lesser-Spotted Equity Analyst shuffles out from annual reporting season hibernation, we realise that the rest of the world is as cocooned as us. Now I understand there is something called a lockdown occurring. It’s a very strange thing but
- [Looking forward to summer](https://www.cavendish.com/hub-news/looking-forward-to-summer/) - Tech Chat - May 2020 Looking forward to summer After the glorious weather this week and a taste of summer from some fresh strawberries, it’s easy to start looking forward to all of the things a Great British summer has to offer. This year will be very different, and we will miss the long summer
- [Emotional Investment](https://www.cavendish.com/hub-news/emotional-investment/) - Tech Chat - May 2020 Emotional Investment This week, our Tech Analyst chooses what Bundesliga team to support and likens the psychology of choice to stock picking. So sport is coming back. Football is coming home (the German Bundesliga kicks off tomorrow). Golfers are teeing up their tournaments and anglers are preparing to cast off.
- [Oooooh the glamour](https://www.cavendish.com/hub-news/oooooh-the-glamour/) - Tech Chat - May 2020 Oooooh the glamour This week, we consider whether lockdown has changed our wardrobe for good and how companies have used this period to transform their processes. We also highlight Ideagen who provided its PleaseReview software pro-bono to the WHO to run its 73rd annual World Health Assembly, enabling discussion and
- [ A Spoonful of Sugar](https://www.cavendish.com/hub-news/a-spoonful-of-sugar/) - Tech Chat - May 2020 A Spoonful of Sugar This week we analyse how the Tech 40 and Next 50 indices have reacted to COVID-19 over the last five years. Today we are exactly one third of the way through the year. As years go, I have far fewer holiday snaps than I’d like to
- [Join our Demo](https://www.cavendish.com/hub-news/join-our-demo/) - Tech Chat - June 2020 Join our Demo This week, we share a selection of our very own finnCap Tech Demos. One of the stranger uses of technology deployed by any of our corporate clients was motion sensors attached to domestic boilers. The concept of a boiler failing to self-isolate and driving to Barnard Castle
- [On the Edge of Tomorrow](https://www.cavendish.com/hub-news/on-the-edge-of-tomorrow/) - Tech Chat - June 2020 On the Edge of Tomorrow This week, we draw similarities between Tom Cruise's Edge of Tomorrow and our real and very current new threat as we deal with COVID-19. It’s no surprise that with weekends and evenings stuck at home, video streaming services have added almost 5m subscriptions since the
- [Live out your ant dream](https://www.cavendish.com/hub-news/live-out-your-ant-dream/) - Tech Chat - July 2020 Live out your ant dream This week we note that Slack has filed an anti-trust claim against Microsoft Teams, highlight developments in the provision of rural broadband, and look at a Facebook group with 2m members where you can pretend to be a member of an ant colony. This week
- [The Beer Necessities](https://www.cavendish.com/hub-news/the-beer-necessities/) - Tech Chat - June 2020 The Beer Necessities This week, we remind ourselves that adaption is the real key to success to long term survival, whether that be socially, with an online beer festival, learning Zoom etiquette and learning how to use an electric hair clipper, or in a business context as nimble tech businesses
- [Scream in your heart](https://www.cavendish.com/hub-news/scream-in-your-heart/) - Tech Chat - July 2020 Scream in your heart This week, we share a quick roundup of what's been happening in Tech. This week, we look back at IQGeo's highly informative Tech Lockdown Demo, encouraging news from Bigblu Broadband, the potential for digital transformation in Ed-Tech following a catch-up with RM, and the very different approach one theme park
- [Are they watching you?](https://www.cavendish.com/hub-news/are-they-watching-you/) - Tech Chat - July 2020 Are they watching you? This week, we consider cybersecurity, legal tech and the adoption of tech in property in law. Finally, we wonder what people are really wearing on Zoom calls... We focus on cybersecurity and legal tech this week as we’ve seen Intercede’s insightful Tech Lockdown Demo, an encouraging briefing from GRC
- [Where to next?](https://www.cavendish.com/hub-news/where-to-next/) - Tech Chat - July 2020 Where to next? This week, we take a deep dive on our finnCap Tech indices data to put the recent moves in prices, growth and valuation in context in 2020. COVID-19 has made us think about many strange things, like who are the 8% of people that believe that COVID-19
- [Elvis on the Moon](https://www.cavendish.com/hub-news/elvis-on-the-moon/) - Tech Chat - December 2020 Elvis on the Moon In this week's Tech Chat, we consider the global potential of UK tech, strong investor appetite and the opportunities for corporate evolution while living in unprecedented times. It’s rather odd that in the Venn diagram of folk, there must be some people who can see the
- [Outside the box](https://www.cavendish.com/hub-news/outside-the-box/) - Tech Chat - February 2021 Outside the box Today we discuss the transformational potential of Extended Reality (XR) and draw similarities of its adoption to that of the iPod phase of 2002-06 for smartphone adoption. Nowadays our daily Tech Team chats include mentions of ‘unlocking a new club last night’ or ‘playing the desert course
- [It's not always the one you expect](https://www.cavendish.com/hub-news/its-not-always-the-one-you-expect/) - Tech Chat - March 2021 It's not always the one you expect This week, we take a step back to reflect on the growth of our finnCap Tech franchise against the backdrop of the UK Tech Sector as we support the growth of ambitious companies. Five years ago, asking for a call on Teams would
- [Shoot for the stars](https://www.cavendish.com/hub-news/shoot-for-the-stars/) - Tech Chat - April 2021 Shoot for the stars Our Tech Research Analyst explores innovative technology, it's place in the new space race and analyses how planning for both the best and the worst is vital for a modern business. The first space race in the 60s between the US and Soviet Union was for
- [Can you tell if they fake it](https://www.cavendish.com/hub-news/can-you-tell-if-they-fake-it/) - Tech Chat - May 2021 Can you tell if they fake it This week our Tech analyst focuses on how technology can improve the buying experience for customers. In 2017, the US Federal Communications Commission voted to repeal the net neutrality rules it had approved in 2015, and as with most public agencies, it consulted
- [Forethought spares afterthought](https://www.cavendish.com/hub-news/forethought-spares-afterthought/) - Tech Chat - May 2021 Forethought spares afterthought This week's Tech Chat focused on the importance of forethought and pre-planned strategy. Half of successful investment is spotting opportunities and the other half is avoiding - and learning from - mistakes; in this we are generally the root cause of a lot of our own misfortune.
- [A health kick](https://www.cavendish.com/hub-news/a-health-kick/) - Tech Chat - July 2021 A health kick Monday was the 73rd Anniversary of the founding of the NHS, launched by the then Minister of Health, Aneurin Bevan, at the Park Hospital in Manchester and a fitting day for finnCap to publish our latest Joy of Techs quarterly looking at technology in healthcare (healthtech) and the impact of the
- [finnCap and the Holy Grail](https://www.cavendish.com/hub-news/finncap-and-the-holy-grail/) - Tech Chat - July 2021 finnCap and the Holy Grail This week, we are pleased to announce finnCap Tech Hub to the market. It’s a strange thing that the largest transactions you’ll tend to make on a personal basis are for items you are often allowed only very little time to familiarise yourself with beforehand.
- [Extending reality in the 2020s | Technology Insights](https://www.cavendish.com/hub-news/extending-reality-in-the-2020s-technology-insights/) - Tech Chat - March 2021 Extending reality in the 2020s | Technology Insights This in-depth Technology Insights report from finnCap Group's Technology Research Analysts delves into the evolving market that is AR and VR. Augmented Reality (AR) and Virtual Reality (VR) could transform our lives in 5-20 years. AR and VR could see new devices complement or
- [Back to skool](https://www.cavendish.com/hub-news/back-to-skool/) - Tech Chat - September 2021 Back to skool This week, our tech analyst discusses the role of leverage in public markets valuation. As the start of school and university rolls around after an already autumnal summer, we’ve had several conversations that have reminded us of textbooks and corporate finance lectures, on how to think about
- [The party's over](https://www.cavendish.com/hub-news/the-partys-over/) - Tech Chat - September 2021 The party's over Our tech analyst discusses how M&A valuation multiples represent R&D, and what else to consider when investigating really exciting acquisitions. It’s official, COVID must be over: Houseparty, a video group-chat app which gained popularity with the arrival of lockdown 1, has been removed from app stores and
- [Turkeys at Christmas](https://www.cavendish.com/hub-news/turkeys-at-christmas/) - Tech Chat - October 2021 Turkeys at Christmas If you find yourself in a queue for petrol this weekend, take some consolation that the arch Brexit campaigner himself, Nigel Farage was pranged by a van as he drove around looking for petrol. As we wait patiently for fuel and make early bookings for Christmas turkeys, it’s worth
- [You wouldn't believe it](https://www.cavendish.com/hub-news/you-wouldnt-believe-it/) - Tech Chat - October 2021 You wouldn't believe it This week our tech analyst summarises the key takeaway from our Joy of Techs quarterly: COVID bouceback delivers full valuations. In it, we expel the myth that US Tech is, as a whole, valued much more highly than UK Tech. Pouring a flute of Champagne (or
- [Don't ignore your EX](https://www.cavendish.com/hub-news/dont-ignore-your-ex/) - Tech Chat - October 2021 Don't ignore your EX This week, we highlight the importance of Employee Experience (EX). While digital transformation of Customer Experience (CX) can drive revenues up, investment in EX solutions can keep costs down. The pandemic had an unexpected global side effect; The Great Resignation of 2021 with millions of employees
- [Wingardium Leviosa](https://www.cavendish.com/hub-news/wingardium-leviosa/) - Tech Chat - November 2021 Wingardium Leviosa This week, our tech analyst turns to the implication of salary inflation on both costs and growth prospects. Anecdotes of spiralling salaries suggest a storm is indeed coming. “There’s a storm coming, Harry, and we all best be ready when she does”. The wise words of Rubeus Hagrid
- [Going round in cycles](https://www.cavendish.com/hub-news/going-round-in-cycles/) - Tech Chat - November 2021 Going round in cycles This week, we look at how the accelerated adoption of digital media including Connected TV and podcasts, is driving strong growth in ad tech revenues following COVID-19 Peloton captured the market’s imagination through 2020, as after an IPO with a market cap of $8bn in September
- [Cloudy with a chance of tennis balls](https://www.cavendish.com/hub-news/cloudy-with-a-chance-of-tennis-balls/) - Tech Chat - December 2021 Cloudy with a chance of tennis balls This week, our tech analyst takes a look at multi-cloud architectures and considers the impact of China on internet and cloud provision. The WTA made a gutsy call this week to suspend tennis tournaments in its lucrative Chinese market on concerns about the
- [Tech top picks for 2022](https://www.cavendish.com/hub-news/tech-top-picks-for-2022/) - Tech Chat - January 2022 Tech top picks for 2022 This week, we summarise the investment case for each of our tech top picks for 2022: Tracsis, Quartix and Tremor. Happy 2022 – throughout the year we are asked for our best ideas for share price appreciation, but January differs in that we write them
- [Into the metaverse](https://www.cavendish.com/hub-news/into-the-metaverse/) - Tech Chat - January 2022 Into the metaverse This week we enter into the metaverse, and identify stocks in UK small-mid cap that are set to benefit as the metaverse scales through the 2020s. The start of a new year brings with it the Consumer Electronics Show in Las Vegas, where stunning TVs, robot tractors,
- [Are you special?](https://www.cavendish.com/hub-news/are-you-special/) - Tech Chat - February 2022 Are you special? As we return to the daily commute and the jostle on the underground, the tech indices also show that tech valuations are now closing on being back to normal from all time highs in 2020/21. I’ve spent quite a lot of the last two weeks angry. For
- [Kyiv and Chips](https://www.cavendish.com/hub-news/kyiv-and-chips/) - Tech Chat - February 2022 Kyiv and Chips The mendacious justification that Russia was only deploying peacekeeping forces in to the “breakaway” Ukrainian regions of Donetsk and Luhansk was accompanied by the brazen aggression of cyber attacks. This week's Tech Chat takes a look at the effects of Russia's invasion of Ukraine: the global cyber
- [War is hell but health is wealth](https://www.cavendish.com/hub-news/war-is-hell-but-health-is-wealth/) - Tech Chat - March 2022 War is hell but health is wealth Take some soothing medicine for these volatile market conditions: this week's Tech Chat takes a look at software health-tech stocks that have recently reported good numbers and provide some recurring revenue stability in the current investment environment. The war in Ukraine now enters
- [Red Bull gives you wings](https://www.cavendish.com/hub-news/red-bull-gives-you-wings/) - Tech Chat - March 2022 Red Bull gives you wings Variables for winning the Formula 1 Championship are the same as delivering company financial results: preparation and performance. This week's Tech Chat looks at how companies in the AIM Tech space are positioning their M&A strategy to accommodate uncertainty. In Formula 1, just like any
- [ If you go into the woods today](https://www.cavendish.com/hub-news/if-you-go-into-the-woods-today/) - Tech Chat - March 2022 If you go into the woods today Spotting a success story, by definition, requires one to look at a technology investment beyond what it currently is, to see its potential, in the same way that a videographer sees potential during production in actors, location and audio before the glitz and
- [Thomas had never seen such a mess](https://www.cavendish.com/hub-news/thomas-had-never-seen-such-a-mess/) - Tech Chat - June 2022 Thomas had never seen such a mess The process of inviting automation into any industry creates ripples across our society and affects us all in different ways. This week's Tech Chat takes a look at AIM listed companies aimed at automating activities in their respective verticals, from workforce management, national
- [The ferret of disorder](https://www.cavendish.com/hub-news/the-ferret-of-disorder/) - Tech Chat - October 2022 The ferret of disorder Roger Moore's character in Spice World: The Movie is particularly relevant in today's macroeconomic environment: “the headless chicken can only know where he’s been. He can’t see where he’s going.” The current environment tends to encourage the headless chicken in us all, but perhaps we simply
- [Disruptors disrupted](https://www.cavendish.com/hub-news/disruptors-disrupted/) - Tech Chat - November 2022 Disruptors disrupted These are 'interesting times' for the global tech industry. In today's Tech Chat, we review the challenges facing the global tech industry and note the wave of layoffs across the Silicon Valley and beyond as US tech titans tighten their belts and face up to the reality of
- [TikTok on the Clock](https://www.cavendish.com/hub-news/tiktok-on-the-clock/) - Tech Chat - January 2023 TikTok on the Clock How best can 192,000 hours be put to work? Ultimately, that is the question that management of a company with 100 staff working 8 hours a day must answer. Today's Tech Chat highlights companies that drive towards 'automation of the unglamorous' and save their customers compounded
- [What's the French for "deja-vu"?](https://www.cavendish.com/hub-news/whats-the-french-for-deja-vu/) - Tech Chat - March 2023 What's the French for "deja-vu"? Does history rhyme or repeat? If you apply the description of a company with "£24m ARR and 60% recurring revenue, a renewed focus on SaaS and ARR, and a drive to M&A", you could be talking about Ideagen in 2017 (sold for £1.1bn in 2022)....
- [Generative AI eating software development](https://www.cavendish.com/hub-news/generative-ai-eating-software-development/) - Tech Chat - March 2023 Generative AI eating software development Bill Gates says he's only seen two demonstrations of technology that struck him as revolutionary. The first became Microsoft Windows. The second was GPT. If we have now entered the ‘Age of AI’ as Gates suggests, the self-propagating nature of the technology could lead to
- [Got not gotten](https://www.cavendish.com/hub-news/got-not-gotten/) - Tech Chat - September 2023 Got not gotten Things that seem permanent do change: pronunciation, the pace of technological change... and us. This is the 379th, and final finnCap Tech Chat, as we return as Cavendish Securities (as part of Cavendish Financial Group). Cav Secs Tech Chat here we come. Things that seem permanent do
- [A winter in AIM](https://www.cavendish.com/hub-news/a-winter-in-aim/) - Tech Chat - November 2023 A winter in AIM Is winter here? Or is winter still coming? Beauty is in the eye of the beholder, and where equity multiples fall so far, and UK equity performance is so subpar to the US, bidders inevitably pounce. Through our own investigations, we examine the characteristics and bidders
- [Goldilocks and the Old Fashioned Bankers](https://www.cavendish.com/hub-news/goldilocks-and-the-old-fashioned-bankers/) - Tech Chat - December 2023 Goldilocks and the Old Fashioned Bankers Despite the immense value of transactions facilitated in banking, the technology supporting its complexity has yet to catch up with the expectation. We consider the need for a Goldilocks approach to banking: not too human, not to automated, but just right. Cyber security practitioners
- [CES - Artificial Irrelevance?](https://www.cavendish.com/hub-news/ces-artificial-irrelevance/) - Tech Chat - January 2024 CES - Artificial Irrelevance? Sometimes, looking back at old CES articles is like a game of “where are they now” and it wouldn’t surprise you that unavoidable and predictable buzz at CES this year is AI; CES celebrating gimmicks is the inevitable consequence of media focus, usually on the wrong
- [AI wrote this Tech Chat](https://www.cavendish.com/hub-news/ai-wrote-this-tech-chat/) - Tech Chat - January 2023 AI wrote this Tech Chat We are a glass half full knowing that history doesn't repeat itself, but it often does rhyme. We take a look at influences on small cap tech in the coming year with our tech Top Picks and opportunity for AI as it becomes more and
- [We love regulation](https://www.cavendish.com/hub-news/we-love-regulation/) - Tech Chat - April 2024 We love regulation The legacy of losing 11 days in 1752 left us with a peculiar tax year end, so, in light of our second new year, here is our second “looking to the year ahead.” For anyone who’s ever had to deal with older property leases, you’ll be familiar
- [Top Tech picks for 2025 (plus - please support Herald)](https://www.cavendish.com/hub-news/top-tech-picks-for-2025-plus-please-support-herald/) - Tech Chat - January 2025 Top Tech picks for 2025 (plus - please support Herald) Shivering here in Blighty this winter, we are more focused on the myriad consequences of the government’s activity, and even more so of its inactivity (in a lack of support for the UK equity markets), rather than a new phone,

## Services

- [Capital Markets - Private Secondary](https://www.cavendish.com/services/capital-markets-private-secondary/) - Private Securities Market advisory Structured secondary liquidity for private companies, without a public listing. As companies stay private for longer, liquidity becomes a strategic consideration rather than an exit event. The Private Securities Market gives founders greater choice-unlocking liquidity for employees and investors while preserving the freedom to build for the long term." EMILY WATTSHead
- [Debt Advisory](https://www.cavendish.com/services/debt-advisory/) - Helping you navigate evolving Debt Markets Expert Guidance for Optimal Debt Solutions >£1.1bn of debt financing raised 53 debt advisory transactions completed 41 countries with Oaklins members present 180+ UK lender relationships 30 different lenders transacted with £21m average debt raise £5-£150m debt range Within the continually evolving UK and European debt financing landscape, we
- [Equity Capital Markets & Corporate Broking](https://www.cavendish.com/services/equity-capital-markets-corporate-broking/) - An integrated approach to deliver success for our clients We invest time and resource in understanding our clients Initial Public Offerings with Cavendish At Cavendish, we understand that an IPO can be a transformative milestone for any entrepreneurial venture. It’s not just a funding mechanism; it's a pivotal strategy for growth, visibility, and long-term success.
- [Investment Companies](https://www.cavendish.com/services/investment-companies/) - A proactive, high touch and entrepreneurial service Deep sector expertise to support clients throughout market cycles 30 corporate clients 6 FTSE2 250 brokerships £9.6bn Combined market capitalisation of our clients 150 Corporate transactions the team has advised on £8.4bn Funds raised since inception Investment companies demand specialised knowledge and experience, and our dedicated team is
- [Private Growth Capital](https://www.cavendish.com/services/private-growth-capital/) - The right funding for your growth M&A specialists to mid-market companies Cavendish’s private growth capital team has built upon years of specialist advice to entrepreneurs and has the sole purpose of helping them enable the next stage of growth for their companies. The team advises businesses that have achieved the first stages of commercial traction
- [Private M&A](https://www.cavendish.com/services/private-ma/) - Outstanding outcomes for clients M&A specialists to mid-market companies 600 successfully completed company sales over 30 years Cavendish is one of the UK’s leading, mid-market, M&A advisers, with unrivalled expertise in both sell-side and buy-side M&A. Cavendish has advised on over 600 company sales. Cavendish focuses on the sale of private companies with a value
- [Public M&A](https://www.cavendish.com/services/public-ma/) - Expert Guidance for UK Takeovers Cavendish are trusted to provide strategic advice on all sides of UK public takeover activity. We have guided some of the world’s largest corporates and private equity firms on the buyside on acquisitions of UK-listed companies, and supported target companies on both welcome and unwelcome approaches, and their pre-emptive bid

## Sectors

- [Technology](https://www.cavendish.com/sectors/technology/) - Tailored solutions for every stage of growth With a global reach, Cavendish is a trusted partner for navigating the complexities of the sector. Our Technology Sectors B2B Enterprise CRM & Sales Compliance & KYC ERP Finance & Accounting HR & Payroll Employee Experience Learning & Development Risk Management Data & Analytics Vertical Software Education Government
- [Consumer](https://www.cavendish.com/sectors/consumer/) - A client centric approach to our private and public consumer clients Sector specialist; product agnostic solutions Our latest reports The Consumer team at Cavendish prides itself on its extensive sector knowledge, comprehensive network and strong track record. Our client led approach is focussed on building long-term, strategic and deep relationships and due to the differentiated
- [Life Sciences](https://www.cavendish.com/sectors/life-sciences/) - Driving Innovation and Growth in Healthcare Helping companies and investors capitalise on science and technology innovations £105m raised since 2022 25% of all sector activity Cavendish is the #1 ranked adviser and broker to Life Sciences companies trading on the London Stock Exchange. Advising 1 in 4 of all UK public healthcare companies, including 2
- [Business Services](https://www.cavendish.com/sectors/business-services/) - Supporting growth in business services Specialists across the Public and Private markets £4.9bn aggregate market cap of the 21 companies we act for in this sector £1bn+ raised in IPO and secondary transactions in the last 5 years £3.8bn transacted in public and private M&A since 2019 Through our in-depth company-specific and thematic research, we
- [Energy, Power & Resources](https://www.cavendish.com/sectors/energy-power-resources/) - Shaping Tomorrow’s World: Sustainable Energy, Power & Resources With sector expertise and a focus on transformative change, we help pave the way for a better future. At Cavendish our integrated team advises and supports ambitious management teams and companies across the Sustainable Energy, Power & Resources sectors.​ Our clients operate right across the spectrum of
- [Financial Services](https://www.cavendish.com/sectors/financial-services/) - Growth Strategies in an Evolving Market Supporting businesses in an ever-changing landscape of regulation. “In Söderberg & Partners we have found a partner who sees the world the same way we do and the whole team at Fidelius is incredibly excited about the next phase of our journey. I would like to extend our thanks
- [Industrial Technology](https://www.cavendish.com/sectors/industrial-technology/) - Driving Growth and Success Cavendish is a champion for ambitious companies We are passionate about the opportunities that exist within this sector, and we work with companies that feel the same. Our expertise includes: Aerospace, Defence & SecurityAgriTechAutomotiveBuilding & Construction MaterialsChemicals & Speciality ChemicalsCleanTechCommunications HardwareElectronic and Electrical EngineeringEnergy Infrastructure, Power Systems & StorageGeneral Industrials and

## Deals

- [Oxford Science Enterprises](https://www.cavendish.com/deals/oxford-science-enterprises/) - No Content No Content Year April 2026 Transaction type Sector "Private markets have evolved significantly over the last decade, but liquidity solutions have not always kept pace. The Private Securities Market creates an important bridge between private company flexibility and public market standards, providing founders, employees and investors with a new pathway to access liquidity
- [Wayve](https://www.cavendish.com/deals/wayve/) - No Content No Content Year July 2026 Transaction type Sector We are delighted to see the PISCES framework and our Private Securities Market being utilised by innovative companies, such as Wayve, seeking liquidity events for their stakeholders, including employees.” Dame Julia HoggettCEO, London Stock Exchange plc Cavendish Supports Crowdcube on Wayve's $85m Employee Share Sale
- [Roadside Real Estate](https://www.cavendish.com/deals/roadside-real-estate/) - No Content No Content Year June 2026 Transaction type Sector The Gardner acquisition marked the first significant milestone in our UK energy forecourt roll-up strategy and has been quickly followed by further transactions, including D.A. Roberts and Hoch Group, as we build momentum in the sector.Over the past six months, Cavendish has supported Roadside across
- [Learn Amp](https://www.cavendish.com/deals/learn-amp/) - No Content No Content Year June 2026 Transaction type Sector Learn Amp’s mission has always been to deliver a best-in-class product for our customers which amplifies employee learning, development, performance and progression – joining Cezanne is the natural next step in that mission.I’d like to thank Mike, El and Scott from Cavendish who supported us
- [Evoke Creative](https://www.cavendish.com/deals/evoke-creative/) - No Content No Content Year June 2026 Transaction type Sector It has been a pleasure to work with BGF and alongside management in delivering this transaction. Evoke stands out as a UK leader in its field, successfully growing internationally and leveraging its differentiated capabilities in design and product engineering, and integrated software development. We look
- [William Cook Holdings Limited](https://www.cavendish.com/deals/william-cook-holdings-limited/) - No Content No Content Year June 2026 Transaction type Sector Financial advisors, corporate financiers - what counts is not what they say they can do for their client, it's what they actually do.With Cavendish we found an advisor that took great care to thoroughly understand our business, its markets and competitors and our chosen partner.Throughout
- [SRT Marine Systems](https://www.cavendish.com/deals/srt-marine-systems/) - No Content No Content Year April 2025 Transaction type Sector We are delighted and proud to have supported our longstanding client with this fundraise. The level of support from new institutional investors as well as the existing shareholder base is testament to how far SRT has come in the last few years after all the
- [Ariya Neuro Care](https://www.cavendish.com/deals/ariya-neuro-care/) - No Content No Content Year April 2026 Transaction type Sector Our thanks go to the Cavendish team, Michael Jewell, Elliott Jeans and Sam Pike, who delivered a first‑class result and supported us throughout. They understood the importance of preserving Ariya’s outstanding model as well as achieving overall value, and we are delighted with the outcome.”
- [Golfbreaks](https://www.cavendish.com/deals/golfbreaks/) - No Content No Content Year April 2026 Transaction type Sector Throughout this pivotal transaction, Cavendish provided exceptional care, attention, and expertise, ensuring the right strategic partner was found for the business. Their guidance and professionalism gave us confidence at every stage of the process, and their deep understanding of the travel sector was invaluable in
- [Skynamo](https://www.cavendish.com/deals/skynamo/) - No Content No Content Year March 2026 Transaction type Sector Joining Klipboard opens an important new chapter for Skynamo and our customers. Together, we’ll be able to solve more of the challenges wholesalers and distributors face every day, and we are energised to seize the opportunities this creates. We’ve loved working with the Cavendish team,
- [Tyler Grange](https://www.cavendish.com/deals/tyler-grange/) - No Content No Content Year Jan 2026 Transaction type Sector The team at Cavendish were instrumental in helping us to navigate a complex transaction and identifying Myllium as the ideal partner for our next chapter. We gave them a tough mandate: find a partner who could deliver strong value while truly understanding and respecting our
- [Native Communities](https://www.cavendish.com/deals/native-communities/) - No Content No Content Year March 2026 Transaction type Sector Selling a business is a high stakes moment for any entrepreneur. You want an exceptional team on your bench for every step of what will be a complex process. After an eight-month journey, I couldn't be more impressed with - or grateful for - the
- [Centrebridge Partners | Pure Cremation](https://www.cavendish.com/deals/centrebridge-partners-pure-cremation/) - No Content No Content Year Jan 2026 Transaction type Sector Cavendish is pleased to announce that it has co-advised Centerbridge Partners (“Centerbridge”) on its structured minority interest investment in Pure Cremation (“Pure”). Centerbridge will be investing in both Pure’s loan and equity instruments. The Cavendish team had previously advised Pure’s founding shareholders on its sale
- [Bridgepoint | Exile Group](https://www.cavendish.com/deals/bridgepoint-exile-group/) - No Content No Content Year Jan 2026 Transaction type Sector Cavendish is pleased to announce that it has acted for Bridgepoint Growth Fund on its minority acquisition of Exile Group, a specialist provider of subscription based news, research insights and data intelligence for professionals across the commodities, trade, project and development finance markets. Exile serves
- [UC Partners](https://www.cavendish.com/deals/uc-partners/) - No Content No Content Year Nov 2025 Transaction type Sector We would like to thank Cavendish for their advice on this transaction. Their sector expertise and insight, particularly within the educational travel niche, was invaluable. We look forward to working with the team at Cavendish further as we develop our relationship with Class Tours.” JUSTIN
- [Workbooks Online Limited](https://www.cavendish.com/deals/workbooks-online-limited/) - No Content No Content Year Dec 2025 Transaction type Sector Our mission has always been to provide mid-market organisations with an integrated platform that works the way their business works, without the hidden costs of alternative providers. The team at Cavendish were instrumental in navigating this process and identifying BGF as the ideal partner for
- [Growth Capital Partners | SecurityHQ](https://www.cavendish.com/deals/growth-capital-partners-securityhq/) - No Content No Content Year Dec 2025 Transaction type Sector Cavendish played a key role in advising us on the financing supporting our investment in SecurityHQ. The team ran a highly competitive process, generating strong interest from banks and credit funds and ultimately delivering a robust and well-structured funding solution with NatWest. Cavendish’s commercial approach
- [Bramblecrest](https://www.cavendish.com/deals/bramblecrest/) - No Content No Content Year 2023 Transaction type Sector “In completing this transaction, we wanted to ensure that the growth and success of the business that we have built to date is the foundation for further expansion in the years to come. We are delighted with the outcome and we would like to thank the
- [NLP Financial Management](https://www.cavendish.com/deals/nlp-financial-management/) - No Content No Content Year 2025 Transaction type Sector Cavendish advises Stonewood Group on the sale of NLP Financial Management to Saltus. Cavendish is pleased to announce that it has advised the shareholders of NLP Financial Management, a well-established UK financial planning firm, on its sale to Saltus Group, the wealth management and financial planning
- [Exeros Technologies](https://www.cavendish.com/deals/exeros-technologies/) - No Content No Content Year Oct 2025 Transaction type Sector The Cavendish team were truly exceptional from start to finish. Their deep understanding of our business and the investment landscape set them apart, enabling us to navigate a complex process with remarkable clarity and confidence.Zuleika’s commitment shone through every stage. The team were highly responsive,
- [OSL](https://www.cavendish.com/deals/osl/) - No Content No Content Year Nov 2025 Transaction type Sector "This partnership with Terma represents a pivotal moment for OSL and those we serve. By combining Terma's proven defence systems with our hands-on expertise, we're delivering unprecedented capability across the entire operational chain. The result is enhanced threat identification, superior intelligence analysis, and seamless execution
- [Reward Gateway](https://www.cavendish.com/deals/reward-gateway/) - No Content No Content Year July 2015 Transaction type Sector Reward Gateway (UK) Ltd has been acquired by Great Hill Partners. The private shareholders of Reward Gateway (UK) Ltd have sold the company to Great Hill Partners, a US-based private equity and venture capital firm, for US$212 million. Reward Gateway is a provider of employee
- [Oak Engage](https://www.cavendish.com/deals/northedge/) - No Content No Content Year July 2025 Transaction type Sector The Cavendish team reacted very quickly to this opportunity, providing us with hugely valuable insight into the sector. The team were also very hands-on in providing support to management and the deal through a tight diligence process and navigating the final completion steps. A great
- [Mo](https://www.cavendish.com/deals/mo/) - No Content No Content Year Nov 2025 Transaction type Sector “As a founder, choosing the right partner for such an important milestone was crucial. Mike, El and Scott were fantastic to work with from start to finish, combining hard work, unwavering support, clear advice and good humour. Cavendish were a real extension of our team,
- [Alchemy Technology Services](https://www.cavendish.com/deals/alchemy-technology-services/) - No Content No Content Year Oct 2025 Transaction type Sector We were delighted with our choice of advisors for this very significant transaction. Cavendish guided us through the process, and we felt very well taken care of throughout. I personally could not imagine a better partner and would not hesitate to choose this team again.”
- [OLM Systems](https://www.cavendish.com/deals/olm-systems/) - No Content No Content Year Sept 2025 Transaction type Sector "Selling a business like OLM Systems is highly personal, exciting and at times overwhelming. I can honestly say that Anthony, Paris, and the wider Cavendish team were instrumental in finding the right home for the company. They were with us every step of the way,
- [MML Capital Partners | RSBP Group](https://www.cavendish.com/deals/mml-capital-partners-rsbp-group/) - No Content No Content Year July 2025 Transaction type Sector We are delighted to have raised debt financing from NatWest to support our investment in RSBP Group. Cavendish Debt Advisory played a key role in helping us secure a competitive and flexible senior debt package, guiding us from initial lender engagement through to completion. Their
- [Travelopia](https://www.cavendish.com/deals/travelopia/) - No Content No Content Year July 2025 Transaction type Sector “The sale of Specialist Holidays Group is an important milestone in our non-core disposal programme. I would like to thank the Cavendish team for finding the right home for the business and for their transaction expertise throughout the process. This is the second transaction we
- [Sava Technology](https://www.cavendish.com/deals/sava-technology/) - No Content No Content Year July 2025 Transaction type Sector "I needed advisors who I felt I could work with as closely trusted colleagues, with Cavendish chosen after a fairly rigorous selection process. They took the time to really understand our business, our customers, and the market we operate within; all essential for being able
- [DigitalXRAID](https://www.cavendish.com/deals/digitalxraid/) - No Content No Content Year July 2025 Transaction type Sector We’re thrilled to be joining forces with Limerston Capital, whose vision and values align closely with ours. This partnership marks an exciting new chapter for DigitalXRAID, and one that will enable us to accelerate our growth, enhance our innovation in cybersecurity, and extend the range
- [Aviation AI](https://www.cavendish.com/deals/aviation-ai/) - No Content No Content Year July 2025 Transaction type Sector This is a great example of how Oaklins delivers for clients by combining local insight with global reach. Working alongside our colleagues in Portugal enabled us to bring the right buyers to the table and deliver a strong outcome for the shareholders of Airport AI.
- [FPE Capital | Zest](https://www.cavendish.com/deals/fpe-capital-zest/) - No Content No Content Year June 2025 Transaction type Sector The Cavendish team were superb from start to finish. We understood well Mike & John's pedigree in Zest’s sector. However, once appointed to advise us on a long-term basis, their preparation and then management of our engagement with our ultimate acquirer, led by Mike, Ellen
- [ADHD 360](https://www.cavendish.com/deals/adhd-360/) - No Content No Content Year May 2025 Transaction type Sector Cavendish is delighted to have worked with ADHD 360, a provider of assessments, diagnosis and treatment for neurodiverse conditions, as its Capital Markets Adviser for a potential IPO of the business. As part of a dual track alongside the sale process that resulted in its
- [National World](https://www.cavendish.com/deals/national-world/) - No Content No Content Year May 2025 Transaction type Sector Cavendish is pleased to have acted as Lead Financial Adviser and Rule 3 Adviser to National World plc on the £65.1 million cash offer from Media Concierge (Holdings) Limited. National World is a UK-based multimedia company with a diverse portfolio of regional and national digital
- [Hero Brands | German Doner Kebab](https://www.cavendish.com/deals/hero-brands-german-doner-kebab/) - Cavendish advises Hero Brands on a strategic investment in German Doner Kebab. Year 2025 Transaction type Sector We have built an incredible team at GDK focused on delivering for our partners, franchisees and guests, and we are looking forward to the next phase of the GDK journey with True. On behalf of all of us
- [Bioventix](https://www.cavendish.com/deals/bioventix/) - No Content No Content Year 2024 Transaction type Sector At Cavendish, we believe AIM is a great platform for owners of businesses as it allows them to source additional capital whilst maintaining an element of control. It also allows the flexibility for the founders to sell down their stakes in a controlled manner. Cavendish has been
- [IXICO plc](https://www.cavendish.com/deals/ixico-plc/) - No Content No Content Year Oct 2024 Transaction type Sector Cavendish supported IXICO plc in its heavily oversubscribed placing and subscription, raising £4.0 million at a premium to the share price to build on its image analysis technology platform for the Alzheimer's disease and Parkinson's disease markets. Giles Balleny, Corporate Finance Director at Cavendish, commented:
- [Ideagen plc](https://www.cavendish.com/deals/ideagen-plc-3/) - No Content No Content Ideagen plc:Scaling Compliance Software, Building Long-Term Trust Cavendish were essential and instrumental to helping us grow as a public company. During the course of well over a decade, Cavendish supported us with multiple equity fundraisings, corporate advice and debt support, and our valuation rose from less than £1m to more than
- [Polaris Software Group](https://www.cavendish.com/deals/polaris-software-group/) - No Content No Content Year Apr 2025 Transaction type Sector This acquisition will serve to bolster our offering into new sectors and there is a lot of synergy between our purpose, vision and mission and Clarity’s. I’m particularly excited to welcome the Clarity staff to Polaris, joining a team that I am certain is ready
- [Virgin Wines](https://www.cavendish.com/deals/virgin-wines/) - No Content No Content Year Jan 2025 Transaction type Sector Cavendish is pleased to announce our appointment as the Nominated Adviser and Sole Corporate Broker for Virgin Wines UK PLC. Virgin Wines is one of the UK’s largest direct-to-consumer wine retailers, known for its unique wine sourcing model and blending processes, providing premium quality wine
- [Ten Entertainment Group](https://www.cavendish.com/deals/trive-capital/) - No Content No Content Year 2024 Transaction type Sector Cavendish is proud to have advised Trive Capital on its £287 million recommended offer for Ten Entertainment Group Ltd. This transaction is our ninth announced public takeover situation since coming together as Cavendish in September 2023. There is a high level of inbound interest in UK
- [Lok'nStore Group plc](https://www.cavendish.com/deals/lokn-store-group-plc/) - No Content No Content Year 2024 Transaction type Sector “We worked with Cavendish for ten years. They were constantly supportive as the business grew steadily over the next decade and provided advice with professionalism and good humour. We always felt we were in the right hands so were more than happy to ask them to
- [Marlowe plc](https://www.cavendish.com/deals/4775/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [RC Fornax](https://www.cavendish.com/deals/rc-fornax/) - No Content No Content Year Feb 2025 Transaction type Sector RC Fornax is a prime example of the kind of ambitious, high-growth company that AIM was designed to support. Their expertise in defence engineering, combined with a clear strategy for expansion and innovation, makes them well-positioned for continued success and rapid growth. We’re proud to
- [MHA](https://www.cavendish.com/deals/mha/) - No Content No Content Year Apr 2025 Transaction type Sector To have delivered such a strong fundraising outcome in the face of recent market volatility speaks to the quality of the business, the support of a highly engaged institutional investor base, and the determination of our management team and advisers, led by Cavendish.” GEOFF BARNES
- [Quantum Base IPO](https://www.cavendish.com/deals/quantum-base-ipo/) - No Content No Content Year April 2025 Transaction type Sector We’re delighted to have supported Quantum Base on this milestone transaction. Their mission to solve global counterfeiting using quantum science captured the imagination of investors - and rightly so. It’s a privilege to help bring a British scientific innovation like this to AIM.” ED FRISBY
- [Manolete](https://www.cavendish.com/deals/manolete/) - No Content No Content Year March 2025 Transaction type Sector The Cavendish Debt Advisory team performed exceptionally well on our need for a new Revolving Credit Facility. Despite very testing market conditions, the Cavendish Team were able to deliver multiple offers from blue chip lenders. The final terms that were secured were significantly better than
- [Sharedo](https://www.cavendish.com/deals/sharedo/) - No Content No Content Year Mar 2025 Transaction type Sector "The acquisition is a powerful validation of our business strategy and the significant opportunities for market and product expansion ahead. I couldn’t be more excited to take this to the next level with a partner such as Clio. This came together brilliantly thanks to the
- [Much Better Adventures](https://www.cavendish.com/deals/much-better-adventures/) - No Content No Content Year Dec 2024 Transaction type Sector We were really impressed with the Cavendish team throughout the process. Zuleika and Tom make a brilliant combination. From strategic planning to navigating complex negotiations and due diligence, they were consistently insightful, responsive, supportive and just a pleasure to work with during what ordinarily might
- [Amcomri Group plc](https://www.cavendish.com/deals/amcomri/) - No Content No Content Year Dec 2024 Transaction type Sector Cavendish is pleased to have supported Amcomri Group plc in their recent IPO on the AIM Market of the London Stock Exchange, successfully raising £12 million through a placing. The IPO will enable Amcomri to further their “Buy-Improve-Build” strategy in the UK engineering sector. Adrian
- [Hanzo Archives Limited](https://www.cavendish.com/deals/hanzo-archives-limited/) - No Content No Content Year Sep 2024 Transaction type Sector We’re excited to secure this investment, propelling our AI innovation and cementing our leadership in legal tech. This funding accelerates our product development and enhances our AI solutions. I’m deeply grateful to Cavendish for their expert guidance throughout this process and, importantly, for being a
- [Journeo plc](https://www.cavendish.com/deals/4587/) - No Content No Content Year 2023 Transaction type Sector Follow us Ready to start a conversation?
- [EIDO Healthcare](https://www.cavendish.com/deals/eido-healthcare/) - No Content No Content Year Feb 2025 Transaction type Sector “Selling a business that you’ve built over decades is a major milestone, and choosing the right advisors is critical. Cavendish exceeded our expectations at every stage of the process. Their deep understanding of the healthcare technology sector, strategic guidance, and tireless dedication ensured that we
- [IQGeo](https://www.cavendish.com/deals/iqgeo-4/) - No Content No Content Year 2024 Transaction type Sector Cavendish is jointly advising IQGeo on its ongoing recommended acquisition by a new company formed by KKR in a deal valuing the geospatial and network management software company at £333m. Cavendish is proud to have worked with the team at IQGeo since 2018, supporting the company
- [Solid State](https://www.cavendish.com/deals/solid-state-plc/) - Solid State Year 2022 Transaction type Sector finnCap Capital Markets is delighted to have advised on the £26.25m fundraise for Solid State PLC, and its acquisition of California based Custom Power LLC. Solid State is a specialist value added component supplier and design-in manufacturer of computing, power and communications products. This fundraise and acquisition (subject
- [Duke Capital](https://www.cavendish.com/deals/duke-capital/) - No Content No Content Year Dec 2024 Transaction type Sector Cavendish is pleased to have supported Duke Capital in their recent fundraise, successfully securing £23.5 million through a placing and retail offer on AIM. This milestone will further enable Duke Capital to continue its innovative approach to alternative financing solutions for SMEs across the UK
- [Clyde Blowers Capital](https://www.cavendish.com/deals/hydreco-hydraulics/) - No Content No Content Year 2019 Transaction type Sector Cavendish Corporate Finance (‘Cavendish’), the specialist sell-side mid-market M&A firm, has advised industrial investment company Clyde Blowers Capital (‘CBC’) on its sale of hydraulic technologies provider Hydreco Hydraulics (‘Hydreco’) to Duplomatic Motion Solutions (‘Duplomatic’), sponsored by Alcedo SGR. Hydreco has developed an industry leading product portfolio
- [Oncimmune](https://www.cavendish.com/deals/oncimmune/) - No Content No Content Year Nov 2024 Transaction type Sector Cavendish supported Oncimmune Holdings plc in their recent placing and conversion of debt into equity, raising £2.3 million to advance their pioneering work in autoantibody profiling and biomarker discovery, alongside €4m of debt conversion. Geoff Nash, Corporate Finance Director at Cavendish, commented: "We are delighted
- [Inside Travel Group](https://www.cavendish.com/deals/inside-travel-group/) - No Content No Content Year Nov 2024 Transaction type Sector “Thank you Cavendish for all of your M&A and debt advisory expertise in helping us make this investment. Your travel sector expertise and insight was invaluable and on the debt advisory side, we are delighted with the advice and execution you gave us – we
- [Quadrant Group](https://www.cavendish.com/deals/quadrant-group/) - No Content No Content Year Nov 2024 Transaction type Sector We are grateful to the Cavendish team for their help and guidance every step of the way. From the initial consultation and on through myriad regulatory constraints to the final signatures on the deal the Cavendish team was always engaged, approachable, knowledgeable, and never daunted” PETER
- [PiLON](https://www.cavendish.com/deals/pilon/) - No Content No Content Year Oct 2024 Transaction type Sector The Cavendish team were excellent in their tireless efforts from start to finish during our transaction. They were resilient and meticulous, leaving no stone unturned in identifying the best possible purchasers for PiLON, culminating in an outstanding result for the shareholders and Company going forward.
- [Holyhead Towing](https://www.cavendish.com/deals/holyhead-towing/) - No Content No Content Year Oct 2024 Transaction type Sector This transaction marks the end of the Meade family’s ownership of Holyhead Towing after almost six decades. The business is passing into good hands with the Fortuna team, and the Meade family will remain active supporters of the Marine Services business in Holyhead which they
- [ReSolve Advisory](https://www.cavendish.com/deals/resolve-advisory/) - No Content No Content Year Oct 2024 Transaction type Sector At this time, we would also like to thank our advisors at Cavendish, Peter Gray, Mike Dinsdale and Ellen Hudson. Your counsel and dedication, not to mention stamina, over the course of the deal has been immense.We look forward to continuing to build our newly
- [Farewill](https://www.cavendish.com/deals/farewill/) - No Content No Content Year 2024 Transaction type Sector At Farewill, our mission has always been to make the end-of-life experience as straightforward and stress-free as possible. Joining forces with Dignity allows us to stay true to that mission while benefiting from the experience and resources of a company that has been a trusted name
- [Sunda Energy](https://www.cavendish.com/deals/sunda-energy/) - No Content No Content Year 2024 Transaction type Sector Cavendish is delighted to have acted as Joint broker for Sunda Energy (Formerly Baron Oil) on its £3.26 million equity raise. Sunda Energy (AIM: SNDA) is an independent gas-focussed company with a material undeveloped gas field and a growing business in SE Asia. Sunda Energy is
- [Getech Group Plc](https://www.cavendish.com/deals/getech-group-plc-2/) - No Content No Content Year 2024 Transaction type Sector Cavendish is delighted to have acted as nominated adviser and broker for Getech Group on its £1.7 million equity raise. Getech Group (AIM:GTC) is a leading locator of the energy and mineral resources essential for the world's energy transition. Getech's unique data encompassing the most recent
- [Freemarket](https://www.cavendish.com/deals/727/) - Freemarket Year 2023 Transaction type Sector “We are delighted to have completed this investment and look forward to partnering with the Freemarket management team as they seek to capitalise on the market opportunity before them.It has been a pleasure to work with Ben, Marc and the team at finnCap on this transaction – we valued
- [TC Group](https://www.cavendish.com/deals/inflexion-private-equity/) - No Content No Content Year 2023 Transaction type Sector “TC Group have a fantastic business model and brilliant management team, which combined with Inflexion’s sector and M&A experience, puts us in a great position to help accelerate its already impressive growth. We look forward to working with the team to seize the market opportunity together.”
- [Travelopia Group](https://www.cavendish.com/deals/travelopia-group/) - No Content No Content Year Oct 2024 Transaction type Sector We would like to thank the team at Cavendish for all of their hard work and commercial advice on this successful transaction. Their sector expertise and market knowledge have been invaluable, and we are delighted that Gullivers Sports Travel and Events International have found a
- [Bloom Equity Partners](https://www.cavendish.com/deals/bloom-equity-partners/) - No Content No Content Year Oct 2024 Transaction type Sector We are delighted to have worked with Bloom Equity on the acquisition of GRCI. With the full support and industry expertise of the team at Bloom Equity we believe that there is exciting opportunity for GRCI to capitalise on the undoubted market opportunity in the
- [hVIVO plc](https://www.cavendish.com/deals/hvivo-plc/) - No Content No Content Year 2024 Transaction type Sector Cavendish exceeded expectations, attracting top-tier investors at a slim discount and generating oversubscribed demand. We're delighted with the outcome, I'm confident in hVIVO's growth trajectory as we execute our strategy." (February 2024) Cathal Friel Chairman, hVIVO Following a successful sell down of £8m in February, on
- [Sondrel (Holdings) plc](https://www.cavendish.com/deals/sondrel-holdings-plc-3/) - No Content No Content Year 2024 Transaction type Sector Cavendish has advised Sondrel, the UK based provider of ultra-complex chips for leading global technology brands, on £8.5m investment. Follow us Ready to start a conversation?
- [Chariot Limited](https://www.cavendish.com/deals/chariot-limited/) - No Content No Content Year 2024 Transaction type Sector We would like to thank our new and existing shareholders for supporting this raise and welcome the participation of our retail investors through the Open Offer.” Adonis PouroulisCEO, CHARIOT Cavendish is pleased to have acted as nominated adviser and joint broker for Chariot Limited on its
- [Onward Opportunities](https://www.cavendish.com/deals/onward-opportunities/) - No Content No Content Year 2024 Transaction type Sector "It augurs well that Onward Opportunities continues to deliver both its investment strategy of absolute investment returns and an ability to grow through new fundraises against a backdrop of equity fund outflows. We are delighted to have been able to raise additional capital for the third
- [Atech Support Limited](https://www.cavendish.com/deals/atech-support-limited/) - No Content No Content Year October 2024 Transaction type Sector Atech is a great business led by an exceptional team in a fast growth area of the market. This is a significant acquisition and we look forward to seeing the business develop as part of iomart. This deal is a further example of our momentum
- [Revolution Bars Group plc](https://www.cavendish.com/deals/revolution-bars-group-plc/) - No Content No Content Year August 2024 Transaction type Sector The completion of this fundraising is a crucial step in our journey towards a more resilient and future-focused business. We are committed to delivering exceptional value to our stakeholders and enhancing our position as a leading operator in the premium bar and gastro pub sector."
- [Facilities by ADF](https://www.cavendish.com/deals/facilities-by-adf/) - No Content No Content Year Sept 2024 Transaction type Sector I am delighted to announce the completion of the acquisition of Autotrak, which marks a material step in Facilities by ADF's stated strategy and further diversifies the group's product and service offering. The Acquisition is therefore a further endorsement of ADF's aspirations of generating £100m
- [Tempcover Limited / Connection Capital](https://www.cavendish.com/deals/tempcover-limited-connection-capital/) - No Content No Content Year 2017 Transaction type Sector Cavendish Corporate Finance is pleased to announce that it has advised on the sale of Tempcover Limited (“Tempcover”), the UK’s leading provider of easy-to-understand, direct to consumer, short-term motor insurance products. The sale was concluded to Connection Capital LLP (“Connection”). Founded in 2006 by Alan Inskip,
- [Creative Parking / Rockpool Investments](https://www.cavendish.com/deals/creative-parking-rockpool-investments/) - No Content No Content Year 2017 Transaction type Sector Cavendish Corporate Finance, the specialist sell-side M&A firm, has advised on the minority sale of Creative Parking Solutions (“Creative”) to Rockpool Investments, a London-based private equity firm. Creative has grown to become one of the UK’s leading providers of technology-led car park solutions. The business is
- [Plant Health Care Plc](https://www.cavendish.com/deals/plant-health-care-plc-3/) - No Content No Content Year 2024 Transaction type Sector Cavendish is pleased to have acted as advisor to Plant Health Care Plc in its successful acquisition by PI Industries Ltd for a total consideration of £32.8 million. This transaction represents a significant milestone in the agricultural sector, combining the innovative strengths of two leading companies
- [Goedhuis](https://www.cavendish.com/deals/goedhuis/) - Goedhuis & Co | Waddesdon Wine Year 2023 Transaction type Sector "The Cavendish team, led by Lord Leigh of Hurley and Rebecca McCredie has done a fantastic job in managing the transaction with great skill. They were crucial in delivering this deal and its successful outcome – many thanks to the whole team.” JOHNNY GOEDHUISCHAIRMAN
- [NFS Technology Group](https://www.cavendish.com/deals/nfs-technology-group/) - No Content No Content Year 2024 Transaction type Sector Cavendish is pleased to announce the sale of NFS Technology Group to Korbyt, an omnichannel workplace solutions provider, in partnership with Clearhaven Capital Partners. This transaction marks a significant milestone in the evolving landscape of workplace technology solutions. NFS Technology, a globally recognised leader in meeting
- [Doff Portland](https://www.cavendish.com/deals/doff-portland/) - No Content No Content Year 2024 Transaction type Sector “Well done and thank you to the entire Cavendish team for their outstanding work on this transaction. From the outset, you presented a strong international team with the sector and functional expertise required to deliver. Cavendish skilfully managed both the negotiations and the process, and were
- [Qdime Group](https://www.cavendish.com/deals/qdime-group-v1/) - Qdime Group Year 2021 Transaction type Sector “Cortland shares our core values and our customers focus, and their additional resources will help us accelerate our growth in the UK market.” NIGEL BURNANDMANAGING DIRECTOR QDIME finnCap Cavendish, part of financial advisory firm, finnCap Group plc, is pleased to announce it has advised on the sale of
- [Rockpool Investments](https://www.cavendish.com/deals/rockpool-investments-ec-electronics/) - Rockpool Investments Year 2024 Transaction type Sector "EC’s strategic acquisition of Liad Electronics in the Netherlands represents an exciting opportunity to accelerate growth in mainland Europe. It is fantastic to have once again collaborated with the Cavendish Debt Advisory team who quickly understood the EC platform and ensured the most appropriate debt financing solution was
- [Finitor / Rockpool Investments](https://www.cavendish.com/deals/finitor-rockpool-investments/) - No Content No Content Year 2022 Transaction type Sector “The Finitor team has created an exceptional foundation from which to grow, offering a differentiated, true partnership approach to regional firms. We are very pleased with the debt financing package put in place by Cavendish during this particularly complex transaction with the facilities providing a solid
- [Limerston Capital](https://www.cavendish.com/deals/limerston-capital/) - No Content No Content Year 2023 Transaction type Sector "The separation of the wider group alongside the latest bolt-on acquisition for Forensic Access means both of our portfolio companies are primed for future growth. We were very pleased with the outcome of both transactions which are key for both groups to accelerate their growth in
- [Jaama / Lexana Capital](https://www.cavendish.com/deals/jaama-lexana-capital/) - No Content No Content Year 2023 Transaction type Sector "I couldn’t have navigated this process without the help of the Cavendish Debt Advisory team. I particularly appreciated the driving of the deal which was beyond the normal call of duty. It has been a pleasure working with the team". ANDREW HOLGATEPRINCIPAL, LEXANA Cavendish Debt Advisory
- [Jollyes / Kester Capital](https://www.cavendish.com/deals/jollyes-kester-capital/) - No Content No Content Year 2022 Transaction type Sector “The dedication of the Penparc team to their pet-owning customers have made them legendary in the towns they trade. We couldn’t be prouder to bring them into the Jollyes team. Whether organically or through acquisition, we remain ambitious as we seek other opportunities to grow.” JOE
- [Mode Solutions / Connection Capital](https://www.cavendish.com/deals/7162/) - No Content No Content Year 2022 Transaction type Sector “The acquisition of EACS was an important element of Mode’s growth strategy, and with the support of the Cavendish Debt Advisory team we were able to secure a debt package that allowed us to complete this transformative acquisition entirely with debt funding. My thanks to the
- [Cortland](https://www.cavendish.com/deals/cortland/) - Cortland Year 2021 Transaction type Sector “We are delighted with the assistance and guidance provided by the finnCap Debt Advisory team to support this hugely important acquisition. The key for us was to find a strategic lending partner in the UK; therefore, the team’s intimate knowledge of the UK debt market and network of lending
- [Rockpool Investments](https://www.cavendish.com/deals/rock-pool-investment-clydesdale-bank/) - Rockpool Investments Year 2020 Transaction type Sector “This deal represents a fantastic opportunity for our investors to support an established and well managed business with an excellent reputation in the facilities management sector. We are delighted with the debt financing package arranged by finnCap, which was a critical element to the completion of the transaction.
- [Iofina plc](https://www.cavendish.com/deals/iofina-plc/) - Iofina plc Year 2020 Transaction type Sector “The conclusion of the debt refinancing, with the support of finnCap Debt Advisory, is a significant and positive step for Iofina and is the culmination of many months of hard work. The favourable terms of this refinance demonstrate how far Iofina has progressed in recent years, given that
- [Kape Technologies plc](https://www.cavendish.com/deals/kape-technologies-plc-v1/) - Kape Technologies plc Year 2020 Transaction type Sector “We are pleased to have secured this debt facility with Bank of Ireland, Barclays and Citi supported by finnCap. This facility not only supports our recent acquisition but further strengthens our balance sheet providing additional growth capital.” MORAN LAUFERCFO, KAPE TECHNOLOGIES PLC finnCap Debt Advisory has advised
- [Creative ITC](https://www.cavendish.com/deals/creative-itc/) - No Content No Content Year 2024 Transaction type Sector "We’re thankful to Cavendish for all their support in helping us to navigate this transaction as we enter the next stage of our business growth journey. The team’s expertise and hard work have paid off to deliver an outcome we are delighted with, and we’re excited
- [Perkbox](https://www.cavendish.com/deals/perkbox/) - Perkbox Year 2024 Transaction type Sector "Cavendish were an excellent partner in navigating Perkbox's exit to Great Hill Partners. As a founder, it was crucial to work with a team I could trust. John, Mike and El were an extension of our team and provided us with expert guidance and support throughout, ensuring a smooth
- [Smart Apprentices](https://www.cavendish.com/deals/smart-apprentices-v1/) - Smart Apprentices Year 2021 Transaction type Sector “The finnCap Cavendish team were exceptional from start to finish on our deal, helping us to prepare meticulously for the process, identifying a group of highly strategic buyers and negotiating a fantastic deal for our Shareholders. We would thoroughly recommend them to any owners considering an exit.” Fiona
- [sales-i](https://www.cavendish.com/deals/sales-i/) - No Content No Content Year 2024 Transaction type Sector “The acquisition of sales-i by SugarCRM will enable clients to gain unrivalled insights into their customers’ buying behavior and together, it will create a significant market impact. The Cavendish team worked with us to identify the right strategic partner and were instrumental in agreeing, negotiating and
- [Intelligent Ultrasound Group](https://www.cavendish.com/deals/intelligent-ultrasound-group/) - No Content No Content Year 2024 Transaction type Sector Cavendish is pleased to announce it has advised Intelligent Ultrasound Group plc on the sale of its Clinical AI business to GE HealthCare for £40.5 million. Completion of the transaction remains subject to Intelligent Ultrasound Group plc shareholder approval and CMA and NS&I approvals. Intelligent
- [Pure Cremation](https://www.cavendish.com/deals/pure-cremation/) - Pure Cremation Year 2023 Transaction type Sector “In July 2015 we founded Pure Cremation and have grown the business to become the largest independent provider of prepaid plans in the UK. Pure is only part way through its exciting journey and, after a rigorous search process, we are delighted to have found such a strong
- [Virgin Experience Days / Equistone](https://www.cavendish.com/deals/virgin-experience-days-equistone/) - No Content No Content Year 2022 Transaction type Sector “Many thanks for all the support on the acquisition of Virgin Experience Days. The debt was not as simple as portrayed to us and Cavendish did a great job of navigating us through it all.” RICHARD BRIAULTINVESTMENT DIRECTOR, EQUISTONE Cavendish Debt Advisory advises Equistone Partners Europe
- [Neilson Active Holidays](https://www.cavendish.com/deals/neilson-active-holidays/) - Neilson Active Holidays Year 2018 Transaction type Sector Cavendish Corporate Finance advised the shareholders of Neilson Active Holidays (“Neilson”), the leading provider of overseas active holidays, on its investment by mid-market private equity investor, LDC, to support the management team’s expansion strategy. Neilson, which was backed by Risk Capital Partners, the private equity firm founded
- [Billington](https://www.cavendish.com/deals/billington/) - No Content No Content Year 2024 Transaction type Sector Billington Follow us Ready to start a conversation?
- [Xeros Technology](https://www.cavendish.com/deals/xeros-technology-group/) - No Content No Content Year 2024 Transaction type Sector Cavendish is pleased to announce a £5.5 million placing, subscription and retail offer for XEROS Technology Group plc securing vital funding to drive forward their commercialisation strategy. Xeros has developed patented and proven, industry-leading technologies which reduce the environmental impact of how industries make and care
- [Surface Transforms](https://www.cavendish.com/deals/surface-transforms-plc-4/) - No Content No Content Year 2024 Transaction type Sector Cavendish is delighted to have acted as Joint Broker and Joint Bookrunner for Surface Transforms Plc's successful fundraise. The open offer was significantly oversubscribed, enabling the board to extend the offer from the initial £2 million to £3 million, making a total of £9.5 million raised
- [Cecure Gaming](https://www.cavendish.com/deals/cecure-gaming/) - No Content No Content Client Year 2009 Transaction type Sector Cavendish Corporate Finance is pleased to announce the sale of Cecure Gaming, the world’s leading mobile poker technology platform, to an undisclosed buyer. The deal size has not been disclosed. Established in 2000 and having received investment of some $20 million from a range of
- [TC Group](https://www.cavendish.com/deals/658/) - TC Group Year 2023 Transaction type Sector “TC Group have a fantastic business model and brilliant management team, which combined with Inflexion’s sector and M&A experience, puts us in a great position to help accelerate its already impressive growth. We look forward to working with the team to seize the market opportunity together.” MALCOLM COFFINPARTNER
- [Nanoco](https://www.cavendish.com/deals/nanoco/) - No Content No Content Year 2024 Transaction type Sector Nanoco. Follow us Ready to start a conversation?
- [Manolete Partners plc](https://www.cavendish.com/deals/manolete-partners-plc/) - Manolete Partners plc Year 2018 Transaction type Sector Cavendish Corporate Finance, the specialist sell-side M&A firm, has advised the partners of Manolete Partners, the UK’s insolvency litigation funding specialists, on the completion of its most recent round of funding, securing £10m expansion capital from HSBC Bank. The additional new funds provide Manolete Partners with a
- [Chiltern Capital](https://www.cavendish.com/deals/chiltern-capital-v1/) - Chiltern Capital Year 2021 Transaction type Sector “This acquisition demonstrates Chiltern’s desire to support its portfolio companies in delivering both organic and inorganic growth. finnCap brought a number of financing options to the table to fund the acquisition and we are delighted with Arcmont as our partner going forward.” DAVID BUTLERINVESTMENT MANAGER, CHILTERN finnCap Cavendish
- [Motorola Solutions](https://www.cavendish.com/deals/motorola-solutions-draft/) - No Content No Content Year 2020 Transaction type Sector finnCap have advised the Fortune 500 company Motorola Solutions, Inc. on its takeover of the AIM-listed IndigoVision. Follow us Ready to start a conversation?
- [Silent Sentinel Group Ltd](https://www.cavendish.com/deals/silent-sentinel/) - Silent Sentinel Group Ltd Year 2024 Transaction type Sector “We are thrilled to join Motorola Solutions and build upon their industry-leading portfolio and continue to support our customers in the most challenging of environments. I would like to express our gratitude to Anthony and the team at Cavendish who provided invaluable counsel and a streamlined
- [Carbon Direct Capital](https://www.cavendish.com/deals/carbon-direct-capital/) - No Content No Content Year 2024 Transaction type Sector Cavendish is proud to have been trusted as sole financial adviser to a consortium of climate-focused private equity impact investors, comprising of Carbon Direct Capital, Lightrock, GenZero and Kibo Invest, on its refinancing and takeover of Velocys. Velocys is an international sustainable fuels technology company with
- [Universe Group plc](https://www.cavendish.com/deals/universe-group-plc/) - No Content No Content Year 2019 Transaction type Sector “We are delighted with this transaction as Celtech is a class-leading developer of cloud-based retail and wholesale management solutions. The acquisition allows the Group to offer the very latest in RMS technologies to existing and new customers and extends the Group’s product offering into wholesaling and
- [Red7Marine](https://www.cavendish.com/deals/red7marine-v1/) - Red7Marine Year 2019 Transaction type Sector “The Cavendish Team, led by Alistair and Mike, did a fantastic job managing the process, providing valuable advice and identifying Arbuthnot as the right partner for the business. It was a pleasure working together and we are pleased to have achieved a brilliant outcome for the company.” NICK OFFORDCEO,
- [OneStep Solutions (Resources) Limited & OneStep Solutions LLP](https://www.cavendish.com/deals/onestep-solutions-resources-limited-onestep-solutions-llp-v1/) - OneStep Solutions (Resources) Limited & OneStep Solutions LLP Year 2018 Transaction type Sector “Cavendish have found a very good home for us at Civica. The combination of our specialist expertise and Civica’s breadth and depth of capability creates an exciting opportunity at an important time for our sector. We look forward to building on our
- [Morses Club plc](https://www.cavendish.com/deals/695/) - Morses Club plc Year 2020 Transaction type Sector “I am delighted that we have secured a new loan facility an that our three existing funders continue to support the business during this challenging period, demonstrating their confidence in Morses Club and our growth and digital diversification strategy.” PAUL SMITHCEO, MORSES CLUB PLC finnCap Group’s Debt
- [HFMC Wealth](https://www.cavendish.com/deals/hfmc-wealth/) - HFMC Wealth Year 2020 Transaction type Sector “We are delighted to have been able to deliver this carefully selected acquisition which is a key part of our growth plan. The support and funding put in place by finnCap and provided by ThinCats allows us to pursue other potential acquisitions with like-minded wealth and financial planning
- [K3 Capital Group plc](https://www.cavendish.com/deals/k3-capital-group-plc-3/) - K3 Capital Group plc Year 2021 Transaction type Sector “We are delighted with the support of the finnCap Debt Advisory team in securing our maiden debt facility with a new banking partner. To date, the Group has been supported by its shareholders and its own cash generation in delivering the Board’s vision. The new debt
- [Improve International](https://www.cavendish.com/deals/improve-international-v1/) - Improve International Year 2021 Transaction type Sector “We backed the MBO of Improve during a global pandemic and opted to equity underwrite the full value of the deal at completion. Having performed well since the MBO, the business was in a strong position to be recapitalised and allow us to return a significant portion of
- [Ideagen plc](https://www.cavendish.com/deals/ideagen-plc-v1/) - Ideagen plc Year 2021 Transaction type Sector “We want to give a huge thank you to the finnCap Debt Advisory team for their support and advice with the refinancing. Whilst we were confident there would be bank appetite to support the Group’s M&A aspirations, the dynamic of bouncing ideas off Alistair and Graham proved incredibly
- [iomart](https://www.cavendish.com/deals/iomart-v1/) - iomart Group plc Year 2021 Transaction type Sector “Given the financial strength of iomart, lender appetite levels in participating in the debt facility were high. However, this was the first time that a bank club was established and our incumbent lender was potentially being replaced. Therefore, we needed support in ensuring we ran a diligent
- [Bango Plc](https://www.cavendish.com/deals/bango-plc-v1/) - Bango plc Year 2020 Transaction type Sector Cavendish Corporate Finance (“Cavendish”), the UK’s leading sell-side specialist M&A firm and part of finnCap Group, has advised Bango plc (“Bango”) on strategic investments from South Korean online technology conglomerate NHN Corporation (“NHN”). The transactions see NHN make a majority investment in Bango Deep, the holding company for
- [Venus Wine & Spirit Merchants plc](https://www.cavendish.com/deals/venus-wine-spirit-merchants-plc/) - No Content No Content Year 2024 Transaction type Sector “From all of the shareholders at Venus, we would like to say a huge thank you to the team at Cavendish for advising us on this successful sale to Tesco / Booker – we believe that under their new ownership, the business will continue to thrive.
- [The Floow](https://www.cavendish.com/deals/the-floow-v1/) - The Floow Year 2022 Transaction type Sector “I could not be prouder to be joining the Otonomo team. This is a big, bold step that brings us closer to our vision of safer and smarter mobility for all. Our clients and partners, some of the leading insurers of the world, will have access to a
- [Annodata Limited](https://www.cavendish.com/deals/annodata-limited/) - No Content No Content Client Year 2016 Transaction type Sector "This marks a significant opportunity for our partners, customers and people as we become part of the global Kyocera family and continue the journey we started back in 1988. When looking for an advisor we wanted someone with an international network and experience of working
- [Primal Pictures Limited](https://www.cavendish.com/deals/primal-pictures-limited/) - No Content No Content Client Year 2012 Transaction type Sector Cavendish is delighted to have advised on the sale of Primal Pictures Ltd, an award-winning digital e-learning company, to Informa UK, a subsidiary of the international publishing, information and events business Informa plc. Primal Pictures was established in 1991 with the goal of creating the
- [Alston Elliot Limited](https://www.cavendish.com/deals/alston-elliot-limited/) - No Content No Content Year 2018 Transaction type Sector Cavendish Corporate Finance, the specialist sell-side M&A firm, has advised the shareholders of Alston Elliot, a leading provider of television sports graphics and data solutions, on its sale to Inflexion Private Equity, one of the UK’s leading mid-market private equity firms. Alston Elliot (AE) was founded
- [Blayhall Payroll Limited ( trading as Star Computers)](https://www.cavendish.com/deals/blayhall-payroll-limited-trading-as-star-computers-v1/) - Blayhall Payroll Limited (trading as Star Computers) Year 2018 Transaction type Sector “We greatly enjoyed working with Cavendish who immediately understood our objectives for the sale of the business and provided us with sound advice throughout the whole process. In IRIS, Cavendish identified a firm that can develop Star’s market-leading software and integrate it into
- [Red Box Recorders](https://www.cavendish.com/deals/red-box-recorders/) - No Content No Content Client Year 2013 Transaction type Sector Cavendish Corporate Finance is pleased to announce the sale of voice recording specialist Red Box Recorders to ISIS Equity Partners. Red Box Recorders is one of the world’s fastest growing voice recording companies, operating in the global $2bn voice recording market. Based in Nottingham and
- [Creative Car Park Limited](https://www.cavendish.com/deals/creative-car-park-limited-draft/) - No Content No Content Year 2019 Transaction type Sector Cavendish Corporate Finance, the UK’s leading mid-market M&A firm, and part of the finnCap Group, have successfully advised on the buyout of Creative Car Park Limited (CCP) by Inflexion Private Equity. Based in London and founded in 2005, CCP was the UK’s first car park operator
- [Your Parking Space](https://www.cavendish.com/deals/your-parking-space/) - No Content No Content Year 2023 Transaction type Sector “We’d also like to place on record a huge thank you to Jon, Sam and the Cavendish team. From identifying Pelican Capital through to providing advice and support throughout the due diligence process, Cavendish deserve a great deal of credit for delivering the fundraise in an
- [CaseLines](https://www.cavendish.com/deals/caselines/) - CaseLines Year 2020 Transaction type Sector Cavendish Corporate Finance, the UK’s leading sell-side mid-market M&A firm, has advised on the sale of fast-growing legal SaaS firm CaseLines to Thomson Reuters, as the business intelligence and information firm looks to expand its cloud based software offering within the legal sector. CaseLines offers a platform that provides
- [Datrix Limited](https://www.cavendish.com/deals/datrix-limited-v1/) - Datrix Limited Year 2021 Transaction type Sector "The Cavendish team were great to work with, they took time to listen, properly understand our objectives and tailored the process to get a fantastic result for us. They really understood the value drivers in the ICT sector and had access to all the key buyers for our
- [SourceBreaker](https://www.cavendish.com/deals/sourcebreaker-v1/) - SourceBreaker Year 2022 Transaction type Sector “The finnCap Cavendish team has achieved a truly outstanding result for our Shareholders. Their knowledge of our business, the sector and the buyer landscape, as well as their commitment throughout to the process, was critical to our success.” Steve Beckitt, Founder-CEO, SourceBreaker Cavendish is pleased to announce it has
- [CYJAX](https://www.cavendish.com/deals/cyjax/) - CYJAX Year 2023 Transaction type Sector Cavendish is proud to announce that it has helped advise on a successful first major fundraise for CYJAX, an award-winning, London-based SaaS provider of threat intelligence solutions for enterprise and public sector organisations. The funding will be strategically allocated to fuel key initiatives across R&D (primarily to accelerate its
- [MBI Healthcare Technologies](https://www.cavendish.com/deals/mbi-healthcare-technologies-v1/) - MBI Healthcare Technologies Year 2023 Transaction type Sector “We are absolutely delighted with the outcome of this deal and are excited to be joining DNV. This strategic decision will enable us to further accelerate our long-term growth objectives and showcase our unique LUNA technology. Karri and Harry have achieved an outstanding result for us through
- [Watchstone](https://www.cavendish.com/deals/watchstone/) - No Content No Content Year 2021 Transaction type Sector finnCap Capital Markets’ Plc Strategic Advisory team is advising on the mandatory offer for Watchstone Group by Polygon Global Partners LLP. We’ve remained very busy over the last year and are optimistic looking forward, and are pleased to see that public takeovers are front page news.
- [Eco City Vehicles plc](https://www.cavendish.com/deals/eco-city-vehicles-plc/) - Eco City Vehicles plc Year 2016 Transaction type Sector finnCap have advised Eco City Vehicles Plc on their reverse takeover and £45m placing. Clive Carver, Non-Executive Director of ECV, said: "It has been our stated strategy to seek an investment in the technology sector where we believe there are opportunities for growth. TCS is a
- [Lidco](https://www.cavendish.com/deals/lidco/) - Lidco Year 2016 Transaction type Sector finnCap have advised LiDCO (AIM: LID), the hemodynamic monitoring company, on their placing to raised £3m. Follow us Ready to start a conversation?
- [Van Elle](https://www.cavendish.com/deals/van-elle/) - No Content No Content Year 2016 Transaction type Sector finnCap have advised Van Elle, the geotechnical contractor offering a wide range of ground engineering techniques and services to customers in a variety of UK construction end markets, on their IPO, admission to AIM and £40m placing. Michael Ellis, Chairman, commented: "We are absolutely delighted to
- [Nasstar plc](https://www.cavendish.com/deals/nasstar-plc/) - Nasstar plc Year 2016 Transaction type Sector finnCap have advised Nasstar Plc on their £13.3m placing. Follow us Ready to start a conversation?
- [Scientific Digital Imaging plc](https://www.cavendish.com/deals/scientific-digital-imaging-plc/) - Scientific Digital Imaging plc Year 2016 Transaction type Sector finnCap have advised Scientific Digital Imaging Plc on their £12m acquisition and their placing to raise £3.1m. Follow us Ready to start a conversation?
- [Maintel Holdings plc](https://www.cavendish.com/deals/maintel-holdings-plc/) - No Content No Content Year 2016 Transaction type Sector finnCap have advised Maintel Holdings Plc on their reverse takeover. John Booth, Chairman of Maintel, commented: "We are delighted with the support shown for this Placing and Acquisition, which has resulted in the Placing being significantly oversubscribed. The Acquisition will be transformational for the Company and
- [Innovaderma plc](https://www.cavendish.com/deals/innovaderma-plc/) - Innovaderma plc Year 2017 Transaction type Sector finnCap have advised InnovaDerma (LSE: IDP), a UK developer of life sciences, beauty and personal care products, on their £4.4m fundraising. Follow us Ready to start a conversation?
- [Seeing Machines](https://www.cavendish.com/deals/seeing-machines-2/) - Seeing Machines Year 2016 Transaction type Sector finnCap have advised Seeing Machines Limited (AIM: SEE), the AIM listed technology company with a focus on operator monitoring and intervention sensing technologies and services, on their £17m placing. Terry Winters, Seeing Machines' Chairman, commented: "We are delighted with the support shown by investors in the Placing and
- [Seeing Machines](https://www.cavendish.com/deals/seeing-machines/) - Seeing Machines Year 2017 Transaction type Sector finnCap have advised Seeing Machines Limited (AIM: SEE), an industry leader in computer vision technologies which enable machines to see, understand and assist people, on their £35m fundraising. Follow us Ready to start a conversation?
- [eServGlobal](https://www.cavendish.com/deals/eservglobal-2/) - eServGlobal Year 2017 Transaction type Sector finnCap have advised eServGlobal on their £24m fundraising & open offer. Follow us Ready to start a conversation?
- [Camper & Nicholsons](https://www.cavendish.com/deals/camper-nicholsons/) - Camper & Nicholsons Year 2017 Transaction type Sector finnCap have advised Camper & Nicholsons on their £3.3m Open Offer. Follow us Ready to start a conversation?
- [Caretech Holdings](https://www.cavendish.com/deals/caretech-holdings/) - Caretech Holdings Year 2017 Transaction type Sector finnCap have advised CareTech Holdings PLC (AIM: CTH), a leading UK provider of specialist social care services, on their £39m fundraising. Farouq Sheikh, CareTech's Executive Chairman, said: "Our track record of acquisitions and our commitment to providing the highest standards of care mean that we are well placed
- [CityFibre Infrastructure Holdings](https://www.cavendish.com/deals/cityfibre-infrastructure-holdings/) - CityFibre Infrastructure Holdings Year 2014 Transaction type Sector finnCap have advised CityFibre Infrastructure Holdings on their £30m placing. Greg Mesch, CEO of CityFibre said: "We are delighted with the strong response from both new and existing institutional shareholders to the Placing so soon after our successful listing on AIM. The fundraising will further strengthen our
- [CityFibre Infrastructure Holdings](https://www.cavendish.com/deals/cityfibre-infrastructure-holdings-2/) - CityFibre Infrastructure Holdings Year 2015 Transaction type Sector finnCap have advised CityFibre Infrastructure Holdings on their £80m placing and acquisition of KCOM Group plc. Greg Mesch, Chief Executive Officer of CityFibre, commented: "We are pleased to announce this transformational acquisition, which we believe will accelerate our growth target by five to seven years, creating a
- [CityFibre Infrastructure Holdings](https://www.cavendish.com/deals/cityfibre-infrastructure-holdings-3/) - CityFibre Infrastructure Holdings Year 2017 Transaction type Sector finnCap have advised CityFibre Infrastructure Holdings PLC on their £200m fundraising. Follow us Ready to start a conversation?
- [Proactis](https://www.cavendish.com/deals/proactis-2/) - Proactis Year 2016 Transaction type Sector finnCap have advised PROACTIS Holdings PLC, the specialist Spend Control software provider, on their acquisition of Millstream Associates Limited. Rod Jones, Chief Executive of PROACTIS, said: "Millstream is a clear complementary fit to the Group and we are very pleased to have completed the acquisition, which marks the next
- [Proactis](https://www.cavendish.com/deals/proactis/) - Proactis Year 2017 Transaction type Sector finnCap have advised PROACTIS Holdings Plc, the specialist spend management solution provider, on their £80m Reverse Take-over. Follow us Ready to start a conversation?
- [Pelatro plc](https://www.cavendish.com/deals/pelatro-plc-2/) - Pelatro plc Year 2017 Transaction type Sector finnCap have advised Pelatro, the precision marketing software specialist, on its IPO and admission to AIM. Subash Menon, Managing Director of Pelatro Plc, commented: "I am delighted to announce the proposed admission to AIM of Pelatro. Our intention is to extend the reach of our innovative marketing software
- [The People's Operator](https://www.cavendish.com/deals/the-peoples-operator/) - The People's Operator Year 2017 Transaction type Sector finnCap have advised The People's Operator on their admission to AIM and £20m placing. Follow us Ready to start a conversation?
- [Europa Oil & Gas](https://www.cavendish.com/deals/europa-oil-gas-2/) - Europa Oil & Gas Year 2017 Transaction type Sector finnCap have advised Europa Oil & Gas on their £3.6m fundraising & open offer. Follow us Ready to start a conversation?
- [Omega Diagnostics Group PLC](https://www.cavendish.com/deals/omega-diagnostics-group-plc/) - Omega Diagnostics Group plc Year 2017 Transaction type Sector finnCap have advised Omega Diagnostics Group Plc, the medical diagnostics company focused on allergy, food intolerance and infectious disease, on their £3.6m fundraising & open offer. Andrew Shepherd, CEO of Omega, commented: "We are delighted to have received such strong support from both existing and new
- [Imaginatik](https://www.cavendish.com/deals/imaginatik/) - Imaginatik Year 2017 Transaction type Sector finnCap have advised Imaginatik on their £1.9m fundraising & open offer. Follow us Ready to start a conversation?
- [Velocity Composites](https://www.cavendish.com/deals/velocity-composites/) - No Content No Content Year 2017 Transaction type Sector finnCap have advised Velocity Composites plc, the manufacturer of advanced composite products to the aerospace industry, on their fundraising and admission to AIM. Velocity was founded in October 2007 by three career composite engineers to manufacture kits of raw materials to be used in composite aircraft
- [Zoo Digital](https://www.cavendish.com/deals/zoo-digital-draft/) - No Content No Content Year 2017 Transaction type Sector finnCap have advised ZOO Digital Group plc, the provider of subtitling and digital distribution services for the global entertainment industry, on their £2.6m fundraising. Stuart Green, Chief Executive Officer of the Company, commented: "The proceeds of the Placing will enable ZOO to further the momentum in
- [7Digital Group plc](https://www.cavendish.com/deals/__trashed-22/) - 7Digital Group plc Year 2017 Transaction type Sector finnCap have advised 7digital Group plc on their £3m fundraising & open offer. Follow us Ready to start a conversation?
- [Tier One Capital Property Backed Lending Trust](https://www.cavendish.com/deals/tier-one-capital-property-backed-lending-trust-2/) - Tier One Capital Property Backed Lending Trust Year 2017 Transaction type Sector finnCap have advised Tier One Capital Property Backed Lending Trust on their admission to main market. Follow us Ready to start a conversation?
- [Nautilus Marine Services (GED)](https://www.cavendish.com/deals/nautilus-marine-services-ged/) - Nautilus Marine Services (GED) Year 2017 Transaction type Sector finnCap have advised Nautilus Marine Services (GED) on their £8m Reverse Takeover. Follow us Ready to start a conversation?
- [Rapidata](https://www.cavendish.com/deals/rapidata/) - No Content No Content Year 2018 Transaction type Sector Follow us Ready to start a conversation?
- [Anglo African Oil & Gas plc](https://www.cavendish.com/deals/anglo-african-oil-gas-plc-2/) - Anglo African Oil & Gas plc Year 2018 Transaction type Sector finnCap have advised Anglo African Oil & Gas Plc on their £7.4m placing. Follow us Ready to start a conversation?
- [Anglo African Oil & Gas plc](https://www.cavendish.com/deals/anglo-african-oil-gas-plc-3/) - Anglo African Oil & Gas plc Year 2017 Transaction type Sector finnCap have advised Anglo African Oil & Gas Plc on their £10m placing, IPO and admission to AIM. David Sefton, Executive Chairman of AAOG commented, "AAOG sits on both sides of the risk spectrum: a development and production play yet at the same time
- [DX Group plc](https://www.cavendish.com/deals/dx-group-plc/) - DX Group plc Year 2018 Transaction type Sector finnCap have advised DX Group plc on their fundraising of £4.76m and restructuring. The net proceeds of the Fundraising, alongside the Company's existing cash resources, will provide capital for the Group to: • expand its sales capabilities; • open new depots and so improve the efficiency of
- [PPHE Hotel Group Ltd](https://www.cavendish.com/deals/pphe-hotel-group-ltd-2/) - PPHE Hotel Group Ltd Year 2018 Transaction type Sector finnCap have advised PPHE Hotel Group Ltd on their move to Premium Segment of UKLA’s Official List. PPHE Hotel Group Limited is an international hospitality company which owns and develops hotels and resorts, operates the Park Plaza® brand in EMEA and owns the art'otel® brand Follow
- [CRM Students Limited](https://www.cavendish.com/deals/crm-students-limited-v1/) - CRM Students Limited Year 2018 Transaction type Sector Follow us Ready to start a conversation?
- [IDE Group](https://www.cavendish.com/deals/ide-group/) - IDE Group Year 2018 Transaction type Sector finnCap have advised IDE Group Holdings plc, the mid-market network, cloud and IT Managed Services provider, on their £5.5m fundraising. The net proceeds from the Fundraising will be used to alleviate the short term cash pressures on the Company and work towards normalising creditors. The proceeds will facilitate
- [OKA](https://www.cavendish.com/deals/oka-draft/) - OKA Year 2018 Transaction type Sector Cavendish Corporate Finance, the specialist sell-side M&A firm, has advised on the sale of OKA Direct Ltd (“OKA”) to Investindustrial, the European investment fund. Founded in 1999, OKA is renowned for creating interior designed homes featuring curated collections of British designed furniture and home accessories. At the time of
- [Sopheon plc](https://www.cavendish.com/deals/sopheon-plc/) - Sopheon plc Year 2018 Transaction type Sector finnCap have advised Sopheon Plc on their £3.1 placing. Barry Mence, Executive Chairman, commented: "As a Board we are excited about the future prospects of the Company and the opportunity to continue to deliver on our vision. Since releasing our 2017 results we have met with a number
- [Flexioffices Limited](https://www.cavendish.com/deals/flexioffices-limited-draft/) - Flexioffices Limited Year 2018 Transaction type Sector Cavendish Corporate Finance, the specialist sell-side M&A firm, has advised the shareholders of Flexioffices (Flexi), one of the UK’s leading serviced office brokers, on the company’s sale to its management team in an MBO backed by NVM Private Equity (NVM). Headquartered in London, and founded by Paul Slinn
- [Angle plc](https://www.cavendish.com/deals/angle-plc-3/) - Angle plc Year 2018 Transaction type Sector The stafinnCap have advised ANGLE plc (AIM:AGL OTCQX:ANPCY), a world-leading liquid biopsy company, on their £12.7m placing. Follow us Ready to start a conversation?
- [Cadogan Tate Group Holdings Limited](https://www.cavendish.com/deals/cadogan-tate-group-holdings-limited-draft/) - Cadogan Tate Group Holdings Limited Year 2018 Transaction type Sector Cavendish Corporate Finance, the specialist sell-side M&A firm, has advised the shareholders of Cadogan Tate, a premium specialist logistics group offering packing, moving, shipping, storage and insurance for fine art and other valuable possessions, on its sale to H2 Equity Partners. Established in 1977, Cadogan
- [Zenith Hygiene Group plc](https://www.cavendish.com/deals/zenith-hygiene-group-plc/) - No Content No Content Year 2017 Transaction type Sector Cavendish Corporate Finance is delighted to announce the completion of the sale of Zenith Hygiene Group PLC (“Zenith Hygiene”) to Diversey, an investee company of Bain Capital Private Equity (“Bain”). Cavendish advised Zenith Hygiene, a UK manufacturer of cleaning and hygiene chemicals and related products, on
- [Zenith Hygiene Group plc](https://www.cavendish.com/deals/zenith-hygiene-group-plc-v1/) - No Content No Content Year 2018 Transaction type Sector “The team at Cavendish have done a fantastic job advising the Board of Zenith. They were confident that there would be strong overseas interest in the business and they managed that interest extremely professionally. We are delighted with the outcome and look forward to the next
- [Cyanconnode](https://www.cavendish.com/deals/cyanconnode-2/) - Cyanconnode Year 2017 Transaction type Sector finnCap have advised CyanConnode (AIM:CYAN.L), the world leader in narrowband radio mesh networks, on their £8.6m fundraising. John Cronin, Chairman, said: "We have been delighted by the continued support shown by our investors. The proceeds will allow us to further grow the Company by investing in both our technology
- [Cyanconnode](https://www.cavendish.com/deals/cyanconnode/) - No Content No Content Year 2018 Transaction type Sector finnCap have advised CyanConnode (AIM:CYAN.L), a world leader in narrowband radio frequency (RF) mesh network, on their £5.6m fundraising. The net proceeds of the Fundraising will be used to fund future growth to include investment in research and development and working capital to execute on the
- [Avacta Group plc](https://www.cavendish.com/deals/avacta-group-plc/) - Avacta Group plc Year 2018 Transaction type Sector finnCap have advised Avacta Group Plc on their £11.6m fundraising. Follow us Ready to start a conversation?
- [Quixant plc](https://www.cavendish.com/deals/quixant-plc-2/) - Quixant plc Year 2018 Transaction type Sector finnCap have advised Quixant Plc on their £9.18m placing. Follow us Ready to start a conversation?
- [Tristel plc](https://www.cavendish.com/deals/tristel-plc/) - Tristel plc Year 2018 Transaction type Sector finnCap have advised Tristel plc on their £7m placing. Follow us Ready to start a conversation?
- [Ideagen plc](https://www.cavendish.com/deals/ideagen-plc-2/) - Ideagen plc Year 2017 Transaction type Sector finnCap have advised Ideagen, a leading supplier of Information Management Software to highly regulated industries, on their acquisition of PleasTech and £10m fundraising. David Hornsby, CEO of Ideagen, commented: "We are delighted to announce the acquisition of PleaseTech. Its PleaseReview software is a valuable addition to Ideagen's product
- [Ideagen plc](https://www.cavendish.com/deals/ideagen-plc/) - Ideagen plc Year 2018 Transaction type Sector finnCap have advised Ideagen (AIM: IDEA), a leading supplier of Information Management software to highly regulated industries, on their £20m fundraising. David Hornsby, Executive Chairman of Ideagen, commented: "I am delighted to announce the successful conclusion of this fundraise which was heavily oversubscribed with support from both existing
- [Grit Real Estate Income Group](https://www.cavendish.com/deals/grit-real-estate-income-group/) - Grit Real Estate Income Group Year 2018 Transaction type Sector finnCap have advised GRIT Real Estate Income Group on their IPO and £100m Fundraising. Grit Real Estate Income Group Limited are a leading pan-African income real estate company focused on real estate investment assets in pre-selected African countries (excluding South Africa). Bronwyn Corbett, Chief Executive
- [K3 Group](https://www.cavendish.com/deals/k3-group/) - K3 Group Year 2016 Transaction type Sector finnCap have advised K3 Group on their £13.5M Placing & Acquisition. Follow us Ready to start a conversation?
- [K3 Capital Group plc](https://www.cavendish.com/deals/k3-capital-group-plc-2/) - K3 Capital Group plc Year 2017 Transaction type Sector finnCap have advised K3 Capital Group plc, a leading business and company sales specialist in the UK, on their IPO and admission to AIM. John Rigby, Chief Executive Officer of K3, commented: "We are delighted by the interest shown in K3 by investors, resulting in our
- [K3 Capital Group plc](https://www.cavendish.com/deals/k3-capital-group-plc/) - No Content No Content Year 2018 Transaction type Sector finnCap have advised K3 Capital Group plc , a leading business and company sales specialist in the UK, on their £4.5m placing. Follow us Ready to start a conversation?
- [Surface Transforms plc](https://www.cavendish.com/deals/surface-transforms-plc-draft/) - Surface Transforms plc Year 2017 Transaction type Sector finnCap have advised Surface Transforms, (AIM:SCE), manufacturers of carbon fibre reinforced ceramic (CFRC) materials, on their £3m fundraising & open offer. Follow us Ready to start a conversation?
- [Surface Transforms plc](https://www.cavendish.com/deals/surface-transforms-plc-3/) - Surface Transforms plc Year 2018 Transaction type Sector finnCap have advised Surface Transforms Plc (AIM:SCE), manufacturers of carbon fibre reinforced ceramic materials, on their £1.5m placing. David Bundred, Chairman of the Company, commented: "Following recent investor demand we have conducted a placing that broadens the institutional shareholder base and provides additional working capital. The strengthened
- [SciSys](https://www.cavendish.com/deals/scisys/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised SciSys Plc on their recommended offer from CGI Group which was valued at £78.9m. Follow us Ready to start a conversation?
- [IQGeo](https://www.cavendish.com/deals/iqgeo-3/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised IQGeo on their tender offer. IQGeo Group plc (AIM: IQG), are a leading developer of geospatial software for the telecommunications and utility industries. Follow us Ready to start a conversation?
- [IQGeo](https://www.cavendish.com/deals/iqgeo-2/) - IQGEO Year 2020 Transaction type Sector finnCap Group have raised £5.3m for IQGeo in a heavily oversubscribed fundraising. The funds will be used by our client to fund its acquisition of US geospatial software business, OSPInsight International. OSPI will accelerate IQGeo’s scale up, speed to profitability and cash generation. finnCap acts as Nomad and Sole
- [IQGeo](https://www.cavendish.com/deals/iqgeo/) - IQGEO Year 2022 Transaction type Sector finnCap Capital Markets is delighted to have advised IQGeo, a specialist developer of geospatial software, on its acquisition of Comsof NV, a Belgium-based developer of automated planning and design software for fibreoptic networks, and its £3.5m fundraise. In addition to providing a new European hub and c.100 logos to
- [Eneraqua](https://www.cavendish.com/deals/eneraqua/) - Eneraqua Technologies Year 2021 Transaction type Sector finnCap Capital Markets is delighted to have advised Eneraqua Technologies on its admission to AIM and £20m Placing. Eneraqua is a specialist in energy and water efficiency, helping customers to reduce carbon emissions and water consumption to meet corporate goals, comply with increasing regulation and save money. The
- [Acentic GMBH](https://www.cavendish.com/deals/acentic-gmbh/) - No Content No Content Client Year 2010 Transaction type Sector Cavendish Corporate Finance LLP is pleased to announce the sale of a controlling stake in Acentic, one of Europe’s largest providers of digital television and internet access to 4 and 5 star hotel groups. The 65% stake owned by GI Partners (a leading private equity
- [Lightech](https://www.cavendish.com/deals/lightech/) - No Content No Content Client Year 2011 Transaction type Sector Cavendish Corporate Finance LLP, is pleased to announce the sale of Lightech, a privately held, advanced lighting power supplies company based near Tel Aviv, Israel, to GE Lighting for an undisclosed amount. Lightech, which was established in 1996 and currently employs 40 staff, specialises in
- [British Honey Company](https://www.cavendish.com/deals/british-honey-company/) - British Honey Company Year 2021 Transaction type Sector finnCap have advised The British Honey Company on its acquisition of Union Distillers for £8m and an associated £6m fundraise. The new combined group is intended to build a multi-category drinks portfolio, making up 4% of the UK craftspirits market. Follow us Ready to start a conversation?
- [Datong plc](https://www.cavendish.com/deals/datong-plc/) - No Content No Content Client Year 2013 Transaction type Sector Cavendish Corporate Finance is pleased to announce that it has successfully advised on the £7.3 million public to private sale of spyware and intelligence solutions leader Datong plc to Seven Technologies Holdings, an engineering business specialising in the manufacture of communication applications for operation in
- [Avantia Limited](https://www.cavendish.com/deals/avantia-limited/) - No Content No Content Client Year 2014 Transaction type Sector Cavendish Corporate Finance, the UK’s leading sell-side mid-market M&A firm, is delighted to have advised on the MBO of the Avantia Group, the award winning financial services technology and analytics business that provides property insurance. The £57m MBO was backed by mid-market buyout specialist, ECI
- [TPAY](https://www.cavendish.com/deals/tpay/) - TPAY Year 2018 Transaction type Sector “Thank you to Jon and the Cavendish team for a great job advising us throughout the sale process. Cavendish provided invaluable guidance and were hands-on from start to finish, advising us on many complexities along the way. We achieved a great outcome and their efforts were appreciated by both
- [Indigo Telecom Group](https://www.cavendish.com/deals/indigo-telecom-group-v1/) - Indigo Telecom Group Year 2018 Transaction type Sector “On behalf of the shareholders, we’d like to thank Cavendish for their advice, tireless work ethic and professionalism throughout the process. Jon, Mike and the team were instrumental in achieving a fantastic result for both the shareholders and the company, as we embark on our exciting next
- [Your Parking Space](https://www.cavendish.com/deals/your-parking-space-2/) - No Content No Content Year 2020 Transaction type Sector Cavendish Corporate Finance, experts in private growth capital fundraising and the UK’s leading mid-market M&A firm, has advised YourParkingSpace, the UK’s leading provider of peer to peer parking and intelligent parking solutions, on securing investment to support the next phase of its growth strategy. The funds
- [Miles33](https://www.cavendish.com/deals/miles33-v1/) - Miles33 Year 2021 Transaction type Sector “The Cavendish team of Jon, Chris, Chirag and Soben steered the process from start to finish and were instrumental in bringing this transaction to a successful conclusion with the right partner in the form of Naviga. The sale of Miles 33 to Naviga marked a successful exit for the
- [MailManager](https://www.cavendish.com/deals/mailmanager-v1/) - MailManager Year 2022 Transaction type Sector “This is transformational for Mail Manager. We are really excited to be joining the Ideagen family where we’re confident we’ll go from strength to strength. Good advisors are essential. Ours were great! Thank you to Anthony Platt and his team for their rock-solid guidance, support and advice.” Stuart RoweCEOMailManager
- [Boku Identity](https://www.cavendish.com/deals/boku-identity-v1/) - Boku Identity Year 2022 Transaction type Sector “This is an important milestone for our business, allowing us to focus on developing our mobile payments solutions. We believe Boku Identity will be able to continue to develop under Twilio’s ownership and we wish the business and its staff well for the future. We were impressed with
- [OnSecurity](https://www.cavendish.com/deals/onsecurity/) - No Content No Content Year 2024 Transaction type Sector "Securing our first external investment was a critical milestone for OnSecurity, and the expertise and support from Zuleika and the team at Cavendish were instrumental in making this possible. From the initial discussions to the final agreements, Zuleika's deep understanding of the investment landscape and her
- [Arculus Cyber Security](https://www.cavendish.com/deals/arculus-cyber-security-check-with-matthew/) - Arculus Cyber Security Year 2024 Transaction type Sector “The Arculus founders have very much enjoyed working closely with the Cavendish team throughout this process. Their understanding of the technology services and cyber security sector enabled us to showcase our business in the best possible light. Their insightful guidance was a constant and we were highly
- [Jollyes Retail Group](https://www.cavendish.com/deals/jolly-retail-group-v1/) - Jollyes Retail Group Year 2018 Transaction type Sector “The Cavendish team did an excellent job and provided expert advice throughout the transaction and most importantly ensured the deal crossed the line. I am pleased that Jollyes has passed into experienced hands and I truly believe the business has an exciting future ahead.” Nick Pollard /
- [Orlebar Brown](https://www.cavendish.com/deals/orlebar-brown-v1/) - Orlebar Brown Year 2018 Transaction type Sector “Jonathan, thank you for all your help, sound advice and hard work over the last year. You very skilfully guided us through a challenging process. As well as a fantastic exit for some very happy shareholders, there is no doubt in my mind that Orlebar Brown has ended
- [Flowtech Fluidpower plc](https://www.cavendish.com/deals/flowtech-fluidpower-plc-2/) - Flowtech Fluidpower plc Year 2017 Transaction type Sector finnCap have advised Flowtech (AIM: FLO), the specialist technical fluid power products supplier, on their £10m fundraising. Bryce Brooks, CFO, said: "We are pleased to announce this successful placing to raise £10 million which demonstrates clear support from both new and existing shareholders. Since listing, Flowtech has
- [Flowtech Fluidpower plc](https://www.cavendish.com/deals/flowtech-fluidpower-plc/) - Flowtech Fluidpower plc Year 2018 Transaction type Sector finnCap have advised Flowtech Fluidpower Plc on their £11m placing and acquisition of Balu Limited. Follow us Ready to start a conversation?
- [Morses Club plc](https://www.cavendish.com/deals/morses-club-plc/) - Morses Club plc Year 2018 Transaction type Sector finnCap have advised Morses Club Plc on their £23.8m placing. Follow us Ready to start a conversation?
- [Flywheel IT Services Ltd](https://www.cavendish.com/deals/flywheel-it-services-ltd/) - Flywheel IT Services Year 2018 Transaction type Sector finnCap have advised Flywheel IT Services Ltd on their £6.4m fundraising. Follow us Ready to start a conversation?
- [Office Concierge Limited](https://www.cavendish.com/deals/office-concierge-limited-draft/) - Office Concierge Limited Year 2018 Transaction type Sector Cavendish Corporate Finance, the specialist sell-side M&A firm, has advised on the sale of Office Concierge to Armonia, a French corporate reception services provider, a wholly owned subsidiary of Sofinord . Founded in 2002, Office Concierge was the first company in London to develop and launch the
- [Artilium plc](https://www.cavendish.com/deals/artilium-plc/) - Artilium plc Year 2018 Transaction type Sector finnCap have acted as rule 3 adviser to Artilium plc on their acquisition by Pareteum Corporation. Follow us Ready to start a conversation?
- [Express Vending Group Limited](https://www.cavendish.com/deals/express-vending-group-limited-v1/) - Express Vending Group Limited Year 2018 Transaction type Sector “I am very grateful to Joe Stelzer and the Cavendish team for their efforts in managing this transaction. Express Vending will operate as a standalone business unit while continuing to develop new and innovative product offerings. The Cavendish team were hands-on and provided invaluable advice throughout
- [Pelatro plc](https://www.cavendish.com/deals/pelatro-plc/) - Pelatro plc Year 2018 Transaction type Sector finnCap have advised Pelatro Plc (AIM: PTRO), the global precision marketing software specialist, on their £6m fundraising & acquisition. Follow us Ready to start a conversation?
- [KRM22 plc](https://www.cavendish.com/deals/krm22-plc/) - KRM22 plc Year 2018 Transaction type Sector finnCap have advised KRM22 plc, (AIM: KRM: L) the technology and software investment company, with a particular focus on risk management in capital markets, on their £3.3m fundraising. Follow us Ready to start a conversation?
- [KRM22 plc](https://www.cavendish.com/deals/krm22-plc-2/) - KRM22 plc Year 2018 Transaction type Sector finnCap have advised KRM22 Plc on their IPO, admission to AIM and £10.32m placing. KRM22 proposes to invest in businesses with one or more of the following criteria: market leading software offering; customer revenues; subject matter expert; capital markets focus; risk management focus and where the Board believes
- [BCI](https://www.cavendish.com/deals/bci-v1/) - BCI Year 2018 Transaction type Sector BCI has completed a US$600 million capital increase with investment funds, pension funds and foreign investors. BCI is the third-largest privately-owned bank in Chile, with 15.4% loan market share. BCI is a commercial bank operating in every loan and client segment. The bank is controlled by the Yarur Family
- [Europa Oil & Gas](https://www.cavendish.com/deals/europa-oil-gas/) - No Content No Content Year 2018 Transaction type Sector finnCap have advised Europa Oil & Gas on their £4m placing. Hugh Mackay, CEO of the Company commented: "We are delighted to have completed a fully subscribed Placing and are pleased to welcome new institutional investors as significant shareholders in Europa. The funds raised will enable
- [Stanley Gibbons Group plc](https://www.cavendish.com/deals/stanley-gibbons-group-plc/) - Stanley Gibbons Group plc Year 2018 Transaction type Sector finnCap have advised Stanley Gibbons Group Plc on their re-financing. Follow us Ready to start a conversation?
- [Savannah Resources plc](https://www.cavendish.com/deals/savannah-resources-plc-2/) - Savannah Resources plc Year 2018 Transaction type Sector finnCap have advised Savannah Resources plc (AIM: SAV and SWB:SAV), the AIM quoted resource development company, on their £11.5m fundraising. Funds will predominantly be used to support the next stage of development for Savannah's Mina do Barroso Lithium Project located in northern Portugal, providing funding to decision
- [Savannah Energy](https://www.cavendish.com/deals/savannah-energy/) - Savannah Energy Year 2021 Transaction type Sector finnCap Capital Markets is delighted to have advised Savannah Energy Plc on its US$65m equity placing and subsequent acquisitions of both ExxonMobil and Petronas’s oil businesses in Chad and Cameroon for up to US$700m. Both acquisitions individually constitute reverse takeover transactions. These transactions more than double Savannah’s upstream
- [Synairgen plc](https://www.cavendish.com/deals/synairgen-plc/) - No Content No Content Year 2018 Transaction type Sector finnCap have advised Synairgen plc (AIM: SNG) ("Synairgen"), the respiratory drug discovery and development company on their £2.9m fundraising. Follow us Ready to start a conversation?
- [Rapidata Services Limited](https://www.cavendish.com/deals/rapidata-services-limited-v1/) - Rapidata Services Limited Year 2018 Transaction type Sector “On behalf of all the shareholders of Rapidata I would like to thank Jon, Nathan and the Cavendish team for their advice, guidance and unwavering determination throughout the sale process. We are all delighted with the outcome and are very pleased that we put our trust in
- [Water Intelligence plc](https://www.cavendish.com/deals/water-intelligence-plc/) - No Content No Content Year 2018 Transaction type Sector finnCap have advised Water Intelligence Plc , a leading provider of non-invasive leak detection and remediation services, on their £4.2m fundraising. Dr. Patrick DeSouza, Executive Chairman of Water Intelligence, commented: "With this successful fundraise and the broadening of a high quality investor base on both sides
- [Real Good Food plc](https://www.cavendish.com/deals/real-good-food-plc/) - Real Good Food plc Year 2018 Transaction type Sector finnCap have advised Real Good Food Plc on their Issue of CLNs & Open Offer for £8.7m. Follow us Ready to start a conversation?
- [Chariot Oil & Gas Ltd](https://www.cavendish.com/deals/chariot-oil-gas-ltd/) - Chariot Oil & Gas Ltd Year 2018 Transaction type Sector finnCap have advised Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, on their $15m Placing. The Placing is being undertaken to allow the Group to deliver a second well within the near term comprising the drilling of
- [Gateley Holdings plc](https://www.cavendish.com/deals/gateley-holdings-plc/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised Gateley (AIM: GTLY), the law led professional services group, on their £6m placing. Michael Ward, CEO of Gateley said: "As a result of strong institutional investor demand following our recent results, our employees have today placed 4,000,000 shares with both existing shareholders and
- [SRT Marine System plc](https://www.cavendish.com/deals/srt-marine-system-plc/) - SRT Marine System plc Year 2018 Transaction type Sector finnCap have advised SRT, the global provider of maritime surveillance, vessel tracking, monitoring and management systems, on their £3.0m placing. Follow us Ready to start a conversation?
- [SRT Marine Systems plc](https://www.cavendish.com/deals/srt-marine-systems-plc-2/) - No Content No Content Year 2019 Transaction type Sector finnCap has completed £4m equity fund raise for SRT Marine Systems Plc, the global provider of maritime surveillance, vessel tracking, monitoring and management systems, to support accelerated contract delivery timescales for coast guard contracts which amount to approximately £100m of the £212m near term contract opportunities.
- [Surface Transforms plc](https://www.cavendish.com/deals/surface-transforms-plc-2/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised Surface Transforms (AIM:SCE), manufacturers of carbon fibre reinforced ceramic materials, on their £1.9m placing. The funds raised will allow the business to grow and develop, with far less dependence on the timing of SOP for OEM 6. The net proceeds of the Placing
- [PPHE Hotel Group Ltd](https://www.cavendish.com/deals/pphe-hotel-group-ltd/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised PPHE Hotel Group Ltd on their £149m block trade. PPHE Hotel Group, President and Chief Executive Officer, Boris Ivesha, said: "We are very encouraged by the level of support for the Placing; I would like to welcome our new investors to the register
- [Tax Systems plc](https://www.cavendish.com/deals/tax-systems-plc/) - No Content No Content Year 2019 Transaction type Sector finnCap have acted as financial adviers to Tax Systems Plc on a possible offer by Bowmark Capital LLP. Follow us Ready to start a conversation?
- [Thalassa Ltd](https://www.cavendish.com/deals/thalassa-ltd/) - No Content No Content Year 2019 Transaction type Sector finnCap have acted as financial adviser to Thalassa on its offer for The Local Shopping REIT Plc. Follow us Ready to start a conversation?
- [Laird Investments Ltd](https://www.cavendish.com/deals/laird-investments-ltd/) - No Content No Content Year 2019 Transaction type Sector finnCap have acted as financial adviser to Laird Investments for its bid for Rangers International Football Club Follow us Ready to start a conversation?
- [SDI Group plc](https://www.cavendish.com/deals/sdi-group-plc/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised SDI Group Plc on their £2.6m placing. Follow us Ready to start a conversation?
- [Sterima](https://www.cavendish.com/deals/sterima/) - No Content No Content Year 2019 Transaction type Sector The shareholders of Sterima have sold the company to Pollet Medical Group. Financial details have not been disclosed. Headquartered in Belgium, Sterima offers full service sterilization solutions for hospitals and medical devices companies in the Benelux. Additionally, the company remains the trusted provider of nursing procedure
- [Dividebuy](https://www.cavendish.com/deals/dividebuy/) - No Content No Content Year 2019 Transaction type Sector finnCap’s private fundraising team assisted on a £60m fundraise for DivideBuy, one of the UK’s fastest growing fintech co’s. The fundraiser was a combo of equity and debt, and perfectly places Divide Buy as a market leader. Follow us Ready to start a conversation?
- [Taptica International Ltd](https://www.cavendish.com/deals/taptica-international-ltd-2/) - Taptica International Limited Year 2018 Transaction type Sector finnCap have advised Taptica (AIM: TAP), a global end-to-end mobile advertising platform on their £38.2m placing. Hagai Tal, CEO of Taptica, commented: "With a broader footprint across the globe and consumer mobile usage and adoption rising, we anticipate our strategy of on-boarding local advertisers onto global platforms
- [Taptica International Ltd](https://www.cavendish.com/deals/taptica-international-ltd/) - No Content No Content Year 2019 Transaction type Sector finnCap has advised Taptica International Ltd ("Taptica", AIM: TAP), a global leader in advertising technologies for performance-based mobile marketing and brand advertising,on its proposed merger with RhythmOne Plc ("RhythmOne", AIM: RTHM) by way of a recommended offer by Taptica to acquire the entire issued and to
- [Altitude Group plc](https://www.cavendish.com/deals/altitude-group-plc-3/) - Altitude Group plc Year 2017 Transaction type Sector finnCap have advised Altitude Group plc (AIM: ALT), the operator of a leading digital marketplace for personalised products, on their £3.7m fundraising. The net proceeds will be used to ensure the Company has flexibility in funding to significantly increase the number of US Channl.com web sites created
- [Altitude Group plc](https://www.cavendish.com/deals/altitude-group-plc-2/) - Altitude Group plc Year 2024 Transaction type Sector finnCap have advised Altitude Group Plc (AIM: ALT), the operator of a leading marketplace for personalised products, on their £1.5m fundraising. Follow us Ready to start a conversation?
- [Altitude Group plc](https://www.cavendish.com/deals/altitude-group-plc/) - No Content No Content Year 2019 Transaction type Sector Altitude Group plc (AIM: ALT), the operator of a leading marketplace for personalised products, has raised £9m to help fund a new acquisition in the US. The company announced it has agreed to buy a membership-based trade group of independent promotional products distributors Advertising Industry Mastermind
- [Discoverie Group plc](https://www.cavendish.com/deals/discoverie-group-plc/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised discoverIE Group Plc on their £29m placing. Follow us Ready to start a conversation?
- [The Farm Group](https://www.cavendish.com/deals/the-farm-group-v1/) - The Farm Group Year 2019 Transaction type Sector “When selling The Farm, the best decision we took was to choose to work with Linda and her team at Cavendish. They delivered an excellent deal, were a delight to work with, are thoroughly professional, excellent value for money and will remain firm friends. No one could
- [Independent Oil & Gas plc](https://www.cavendish.com/deals/independent-oil-gas-plc/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised Independent Oil and Gas plc (AIM: IOG.L), the development and production focused oil and gas company, on their £16.6 million. finnCap also advised on their further raise of up to £2.0 million by Open Offer. Andrew Hockey, CEO of IOG commented: "I am
- [Independent Oil & Gas plc](https://www.cavendish.com/deals/independent-oil-gas-plc-2/) - No Content No Content Year 2019 Transaction type Sector finnCap have acted as financial advisor in defence from a c.£27m hostile bid from RockRose Energy plc. Follow us Ready to start a conversation?
- [Centaur Media](https://www.cavendish.com/deals/centaur-media/) - No Content No Content Year 2019 Transaction type Sector Cavendish advises Centaur Media on the sale of four businesses as part of a Strategic Divestment Programme Cavendish Corporate Finance (“Cavendish”), the UK’s leading sell-side mid-market M&A adviser, has advised Centaur Media Plc (“Centaur Media”), the international market intelligence and specialist consultancy, on the disposal of
- [Centaur Media](https://www.cavendish.com/deals/centaur-media-to-mark-allen-group-draft/) - No Content No Content Year 2019 Transaction type Sector Cavendish advises Centaur Media on the sale of four businesses as part of a Strategic Divestment Programme Cavendish Corporate Finance (“Cavendish”), the UK’s leading sell-side mid-market M&A adviser, has advised Centaur Media Plc (“Centaur Media”), the international market intelligence and specialist consultancy, on the disposal of
- [Centaur Media](https://www.cavendish.com/deals/centaur-media-to-northstar-travel-media-uk-ltd-draft/) - No Content No Content Year 2019 Transaction type Sector Cavendish advises Centaur Media on the sale of four businesses as part of a Strategic Divestment Programme Cavendish Corporate Finance (“Cavendish”), the UK’s leading sell-side mid-market M&A adviser, has advised Centaur Media Plc (“Centaur Media”), the international market intelligence and specialist consultancy, on the disposal of
- [Centaur Media](https://www.cavendish.com/deals/centaur-media-v1/) - Centaur Media Year 2019 Transaction type Sector Cavendish advises Centaur Media on the sale of four businesses as part of a Strategic Divestment Programme Cavendish Corporate Finance (“Cavendish”), the UK’s leading sell-side mid-market M&A adviser, has advised Centaur Media Plc (“Centaur Media”), the international market intelligence and specialist consultancy, on the disposal of four of
- [Java Republic](https://www.cavendish.com/deals/java-republic-v1-2/) - Java Republic Year 2019 Transaction type Sector “Jonathan, thank you to you and your team for your tremendous support and wise counsel during the process. You kept a calm head throughout and successfully charted a course to bring us to this great conclusion. David, the team and I are all delighted with the outcome as
- [Lay & Wheeler](https://www.cavendish.com/deals/lay-wheeler-v1/) - Lay & Wheeler Year 2019 Transaction type Sector “It was a great pleasure to work with the Cavendish team again having originally worked with them when we sold Naked Wines to Majestic Wine in 2015. John, Rebecca and the team rigorously assessed the market to find the right new owner for a business with dedicated
- [Avicenna Holdings Limited](https://www.cavendish.com/deals/avicenna-holdings-limited-v1/) - Avicenna Holdings Limited Year 2019 Transaction type Sector “The finnCap Cavendish team, led by Michael Jewell, did a fantastic job, running a truly competitive international process and managing the transaction through the diligence process with great skill. They were instrumental in delivering this deal and the strong outcome.” James Wooster, Director, Owner Venture Managers Cavendish
- [President Energy plc](https://www.cavendish.com/deals/president-energy-plc/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised President Energy Plc on their £1.9m fundraising. Follow us Ready to start a conversation?
- [La Tua Pasta](https://www.cavendish.com/deals/la-tua-pasta/) - No Content No Content Year 2019 Transaction type Sector finnCap Group's Consumer team is pleased to announce that it has advised La Tua Pasta in the acquisition from a Private buyer. Follow us Ready to start a conversation?
- [Transense Technologies plc](https://www.cavendish.com/deals/transense-technologies-plc/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised Transense Technologies plc , the provider of sensor systems for the industrial, mining and transportation markets, on their £2.6m placing. The proceeds of the Placing will provide working capital to grow and develop Transense's iTrack trade, including the funding of further research and
- [Taptica International Ltd](https://www.cavendish.com/deals/taptica-international-ltd-draft/) - No Content No Content Year 2019 Transaction type Sector The standard finnCap acted as broker for Taptica International Ltd for their £20m Founder sell-down. Follow us Ready to start a conversation?
- [Cambridge Cognition plc](https://www.cavendish.com/deals/cambridge-cognition-plc/) - No Content No Content Year 2019 Transaction type Sector Follow us Ready to start a conversation?
- [Hamilton Fraser](https://www.cavendish.com/deals/hamilton-fraser-v1/) - Hamilton Fraser Year 2022 Transaction type Sector “I have loved working with Andrew, Ben and Hugh at Cavendish! Hamilton Fraser is more than just a company to me. For me to sell, any deal had to deliver value but also see the business find a great new home. Cavendish always listened and provided their advice
- [Improve International](https://www.cavendish.com/deals/improve-international/) - Improve International Year 2020 Transaction type Sector “We are delighted to have advised on this disposal, which is an important step in Benchmark’s strategy to exit non-core areas to focus on its key disciplines, and further strengthens their financial position and liquidity. RJD Partners with their track record in education and training are the ideal
- [Falcon Green](https://www.cavendish.com/deals/falcon-green/) - Falcon Green Year 2020 Transaction type Sector “TC Group have a fantastic business model and brilliant management team, which combined with Inflexion’s sector and M&A experience, puts us in a great position to help accelerate its already impressive growth. We look forward to working with the team to seize the market opportunity together.” Malcolm CoffinPartner
- [Redcentric plc](https://www.cavendish.com/deals/redcentric-plc/) - Redcentric plc Year 2020 Transaction type Sector finnCap have advised Redcentric plc (AIM:RCN.L), a leading end to end managed service provider delivering innovative technology to improve business productivity and efficiency, on ther £64m placing and acquisition of InTechnology Managed Services Limited. Tony Weaver, CEO of Redcentric said: "This transformational acquisition will help the Company to
- [Pelatro plc](https://www.cavendish.com/deals/pelatro-plc-3/) - Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Iofina plc](https://www.cavendish.com/deals/iofina-plc-2/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised Iofina Plc, specialists in the exploration and production of iodine and manufacturers of other halogen-based derivatives, on a £9m fundraising. Follow us Ready to start a conversation?
- [Altodigital Networks Limited](https://www.cavendish.com/deals/altodigital-networks-limited-v1/) - Altodigital Networks Limited Year 2020 Transaction type Sector Cavendish Corporate Finance, the UK’s leading sell-side mid-market M&A firm, has advised Altodigital, the UK’s largest independent office, service and technology provider, on its acquisition by Xerox Holdings Corporation (Xerox). Founded in 1987, Altodigital has a national UK footprint offering a range of products and services spanning
- [Inside Pensions](https://www.cavendish.com/deals/inside-pensions/) - Inside Pensions Year 2021 Transaction type Sector “Cavendish has a great brand and great people, and from the moment the appointment was made, we knew we were in safe hands. The Cavendish team of Andrew, Steve and Paris delivered the right advice at all times. The strength of their international reach brought parties to the
- [Systal Technology](https://www.cavendish.com/deals/systal-technology/) - Systal Technology Year 2021 Transaction type Sector “Cavendish understood our ambitions from day one and went to great lengths to understand the minutiae of the business in order to effectively position the investment proposition as it evolved throughout the transaction. Cavendish were not just an advisor but a true partner to the Systal team throughout
- [Vivid Economics Ltd, Planetrics Ltd](https://www.cavendish.com/deals/vivid-economics-ltd-planetrics-ltd-v1/) - No Content No Content Year 2021 Transaction type Sector “Thank you to Jon, Steph and Chirag for their tireless efforts in recent months. Jon offered invaluable leadership and strategic advice, while Chirag and Steph provided diligent and supportive guidance throughout. They also behaved throughout as one would expect friends and confidants to act, which is
- [Responsible Life](https://www.cavendish.com/deals/responsible-life-v1/) - Responsible Life Year 2021 Transaction type Sector “We were delighted with our decision to engage with Cavendish to advise us on our plans to bring inward investment into the group. Duncan, James Ellis and James Baker brought such complementary skills to our internal deal team. They calmly helped us navigate through all stages of the
- [David Rubin & Partners](https://www.cavendish.com/deals/david-rubin-partners-v1/) - David Rubin & Partners Year 2021 Transaction type Sector “The Cavendish team led by Joe Stelzer and supported by Chirag Gohil did an outstanding job in identifying Begbies as a perfect home to drive our future growth. Cavendish negotiated an excellent deal and provided invaluable guidance to us through the process.” Paul AppletonManaging PartnerDavid Rubin
- [ExtraMed](https://www.cavendish.com/deals/extramed-v1/) - ExtraMed Year 2021 Transaction type Sector “finnCapCavendish have great international connections and were able to bring an Australian buyer in the patient flow software sector to us. Their tenacity and understanding of the deal dynamics enabled us to run a smooth process and sell Extramed to a strategic buyer.” James Steventon, CEO Hospedia Limited finnCap
- [Xexec](https://www.cavendish.com/deals/xexec-v1/) - No Content No Content Year 2021 Transaction type Sector “Thank you to John and your fantastic team at FinnCap Cavendish for your unwavering support, dedication, work ethic and belief in Xexec’s mission. John, Mike and Sam were instrumental in bringing the deal to a successful completion and provided invaluable guidance throughout the process. We look
- [Nolan Partners Limited](https://www.cavendish.com/deals/nolan-partners-limited-v1/) - Nolan Partners Limited Year 2022 Transaction type Sector “Over the last 16 years, we’ve grown to become the biggest search firm in the world dedicated to executive search in sports and entertainment, working in partnership with brands and wonderful clients across more than 20 countries and in every major sports league. Today, we join with
- [Big Green Smile](https://www.cavendish.com/deals/big-green-smile-v1/) - Big Green Smile Year 2022 Transaction type Sector “This transaction is huge for our business as we look to continue our growth journey. We’re very excited to have raised enough capital from a leading impact investor to expand our market-leading position and maintain standards of excellence across all our products. We’re hugely grateful to the
- [TicTrac](https://www.cavendish.com/deals/tictrac-v1/) - TicTrac Year 2022 Transaction type Sector “We’re excited to join Dialogue and to bring our digital well-being and market-leading health engagement together with their diagnosis and treatment capabilities. I’d also like to thank to the finnCap Cavendish team for being an exceptional partner during this process. Mike and the team provided us with excellent advice
- [Quixant plc](https://www.cavendish.com/deals/quixant-plc/) - Quixant plc Year 2022 Transaction type Sector finnCap have advised Quixant (AIM:QXT) a leading provider of specialised computing platforms for casino gaming machine applications, on their £25m placing. Follow us Ready to start a conversation?
- [London & Capital](https://www.cavendish.com/deals/london-capital-v1/) - London & Capital Year 2022 Transaction type Sector “We are delighted to have achieved this result for the business that Daniel Freedman co-founded and found such a strong partner in the form of Lovell Minnick for the next stage of its growth. Howard and Ben were an excellent support throughout this process, and provided us
- [Agar Scientific](https://www.cavendish.com/deals/agar-scientific-v1/) - Agar Scientific Year 2022 Transaction type Sector “We’re excited to be joining the Calibre Scientific family, who will enable us to further accelerate our long-term strategic growth objectives. The finnCap Cavendish team has achieved a fantastic result for our Shareholders. Their wealth of sector expertise, professionalism and unwavering dedication throughout the process were instrumental in
- [Vero Screening](https://www.cavendish.com/deals/vero-screening-v1/) - No Content No Content Year 2022 Transaction type Sector “We engaged with finnCap Cavendish over 18 months ago to help us prepare for sale. The team’s sector specialist advice and guidance, combined with astute management of every aspect of the transaction process, delivered an exceptional deal that has surpassed all expectation, our shareholders are delighted”.
- [Barburrito](https://www.cavendish.com/deals/barburrito-v1/) - Barburrito Year 2022 Transaction type Sector “I would also like to thank the team at finnCap Cavendish. They have done a great job in finding us the right buyer and running a smart and efficient process. Their support throughout has been excellent and combined with their commercial approach and sector knowledge, they have made great
- [Lyco Group](https://www.cavendish.com/deals/lyco-group-v1/) - Lyco Group Year 2022 Transaction type Sector “Joe Stelzer and his team at finnCap Cavendish were the perfect partners as we navigated this exciting next step for the group. The firm’s wealth of expertise in advising entrepreneurial growth businesses, partnered with their quality of service and professionalism was invaluable and helped make this deal function
- [Frenkel Topping Group](https://www.cavendish.com/deals/frenkel-topping-group/) - Frenkel Topping Group Year 2022 Transaction type Sector finnCap Capital Markets is delighted to have raised £10m for longstanding client Frenkel Topping Group, a specialist professional and financial services firm operating in the Personal Injury and Clinical Negligence space. The addition of two new sizeable institutional investors in current market conditions alongside continuing support from
- [Distant Journeys](https://www.cavendish.com/deals/distant-journeys/) - No Content No Content Year 2024 Transaction type Sector “We would like to thank Cavendish very much for their advice on this transaction. Their sector expertise and insight, especially in the escorted touring area, together with their knowledge on technical aspects of the business model was invaluable. We look forward to working with them further
- [Brickability Group plc](https://www.cavendish.com/deals/brickability-group-plc/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Lords Trading Group plc](https://www.cavendish.com/deals/lords-trading-group-plc/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Labcraft Holdings Limited](https://www.cavendish.com/deals/labcraft-holdings-limited-v1/) - Labcraft holdings Limited Year 2022 Transaction type Sector “Over the past 60 years we are proud to have built a market leading business. We are now delighted that in Safe Fleet we have found a great home for our business to continue to grow, innovate and support both our employees and customers. Our advisor Joe
- [FAI Automotive plc](https://www.cavendish.com/deals/fai-automotive-v1/) - FAI Automotive plc Year 2021 Transaction type Sector “The acquisition of FAI by Motus will bring us many synergies, with scope to expand our supply chains and product ranges, as well as the opportunities to enter new markets. Both existing and new customers will benefit from our core aims of best availability, best service, best
- [TClarke plc](https://www.cavendish.com/deals/tclarke-plc/) - No Content No Content Year 2023 Transaction type Sector Follow us Ready to start a conversation?
- [Belvoir Group plc](https://www.cavendish.com/deals/belvoir-group-plc/) - No Content No Content Year 2024 Transaction type Sector Cavendish is pleased to have been trusted as lead and Rule 3 financial adviser for Belvoir Group plc, the leading UK property, mortgage and franchise group, on its proposed recommended all-share merger with The Property Franchise Group plc which has now completed The merger creates one
- [SkinBioTherapeutics plc](https://www.cavendish.com/deals/skinbiotherapeutics-plc/) - No Content No Content Year 2023 Transaction type Sector Follow us Ready to start a conversation?
- [Evgen Pharma plc](https://www.cavendish.com/deals/evgen-pharma-plc-2/) - No Content No Content Year 2024 Transaction type Sector Evgen Pharma plc. Follow us Ready to start a conversation?
- [hVIVO](https://www.cavendish.com/deals/hvivo/) - No Content No Content Client Year 2024 Transaction type Sector At Cavendish, we believe AIM is a great platform for owners of businesses as it allows them to source additional capital whilst maintaining an element of control. It also allows the flexibility for the founders to sell down their stakes in a controlled manner. Cavendish has
- [Action Group Holdings (AGH) and Action Real Estate](https://www.cavendish.com/deals/action-group-holdings-agh-and-action-real-estate/) - Action Group Holdings (AGH) and Action Real Estate Year 2018 Transaction type Sector finnCap have acted as financial adviser to Action Group Holdings (AGH) and Action Real Estate on the acquisition of Action Hotels Plc. Follow us Ready to start a conversation?
- [Creo Medical Group plc](https://www.cavendish.com/deals/creo-medical-group-plc/) - No Content No Content Year 2023 Transaction type Sector Follow us Ready to start a conversation?
- [Shield Therapeutics plc](https://www.cavendish.com/deals/shield-therapeutics-plc/) - Shield Therapeutics PLC Year 2021 Transaction type Sector finnCap have advised Shield Therapeutics plc (STX) on raising up to £29m by way of a placing, subscription and open offer. The primary use of the funds is to launch Accrufer® in the US. Accrufer® is an FDA approved treatment for Iron Deficiency (ID) and is marketed
- [Eden Research plc](https://www.cavendish.com/deals/eden-research-plc-2/) - No Content No Content Year 2023 Transaction type Sector Cavendish is delighted to have acted as nominated adviser in connection with Eden Research plc’s recent Placing. The Company has raised £9.9m through a placing and retail offer. Eden is the UK’s only AIM listed company focused on biopesticides for sustainable agriculture. It develops and supplies
- [Angle](https://www.cavendish.com/deals/angle/) - No Content No Content Year 2019 Transaction type Sector finncap have advised ANGLE plc (AIM:AGL OTCQX:ANPCY), a world-leading liquid biopsy company,on their fundraising of £18.0 million. ANGLE Founder and Chief Executive, Andrew Newland, commented: "We are grateful for the strong support of existing and new shareholders as we build our business to address the global
- [Best Of the Best plc](https://www.cavendish.com/deals/best-of-the-best-plc/) - No Content No Content Year 2019 Transaction type Sector finnCap have acted as financial adviser on tender offer to return capital for Best of the Best plc. Best of the Best plc runs competitions online to win cars and other prizes. Follow us Ready to start a conversation?
- [Evgen Pharma](https://www.cavendish.com/deals/evgen-pharma/) - Evgen Pharma Year 2021 Transaction type Sector finnCap has advised Evgen Pharma on a heavily oversubscribed Placing & Open Offer to raise up to £11m. Proceeds are intended to: - Fund further preclinical work for metastatic breast cancer (mBC) glioma & further cancer indication- Subject to further pre-clinical progress fund a clinical trial in glioma
- [88 Energy Ltd](https://www.cavendish.com/deals/88-energy-ltd/) - No Content No Content Year 2024 Transaction type Sector "We are now fully funded to undertake Hickory-1 flow test operations during the upcoming winter operational season in Alaska. Burgundy's failure to rectify its payment default to date is disappointing, but the additional funds raised provide strategic options for 88 Energy." Ashley GilbertManaging Director88 Energy Cavendish
- [Parsley Box](https://www.cavendish.com/deals/parsleybox-2/) - Parsley Box Year 2021 Transaction type Sector finnCap is delighted to have advised Parsley Box on its £83.8m AIM IPO, raising £17m in aggregate. We spoke with Kevin Dorren, #CEO to discuss what the IPO means for Parsley Box. Kevin Dorren: "From an idea cooked up at the kitchen table to IPO in just four
- [Quartix plc](https://www.cavendish.com/deals/quartix/) - Quartix plc Year 2021 Transaction type Sector finnCap have completed a £28.8m sell down on behalf of Andy Walters, CEO, Quartix UK. Quartix, a leading supplier of vehicle tracking systems, is a longstanding client, having advised on its IPO in 2014. As a result of strong institutional investor demand, Mr Walters (and associated parties) agreed
- [Smart Metering Systems Plc](https://www.cavendish.com/deals/smart-metering-systems-plc/) - Smart Metering Systems plc No Content Year 2024 Transaction type Sector Smart Metering Systems plc (“SMS”) is an energy infrastructure company which owns, installs, and manages carbon reduction assets, including smart meters, battery energy storage systems, and EV charge points. ​ The Company was founded in 1995 and was admitted to trading on AIM in 2011
- [88 Energy Limited](https://www.cavendish.com/deals/88-energy-limited-4/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [ADF plc](https://www.cavendish.com/deals/adf-plc/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [Ligand Pharmaceuticals Inc](https://www.cavendish.com/deals/ligand-pharmaceuticals-inc/) - Year 2018 Transaction type Sector finnCap have advised Ligand UK, a wholly owned subsidiary of Ligand Pharmaceuticals Incorporated (Ligand), on their acquisition of Vernalis PLC. Ligand is a NASDAQ listed biopharmaceutical company focused on developing or acquiring technologies that help pharmaceutical companies discover and develop medicines. Commenting on the Acquisition, Dr. Peter Fellner, Chairman of
- [88 Energy Limited](https://www.cavendish.com/deals/88-energy-limited/) - No Content No Content Year 2023 Transaction type Sector Follow us Ready to start a conversation?
- [Fidelius Group](https://www.cavendish.com/deals/fidelus-group/) - Fidelius Group Year 2024 Transaction type Sector “In Sӧderberg & Partners we have found a partner who sees the world the same way we do and the whole team at Fidelius is incredibly excited about the next phase of our journey. I would like to extend our thanks to Ben and the team at Cavendish
- [Falcon Oil & Gas Ltd](https://www.cavendish.com/deals/falcon-oil-gas-ltd/) - No Content No Content Year 2024 Transaction type Sector Falcon Oil & Gas Ltd. Follow us Ready to start a conversation?
- [MJ Hudson Group plc](https://www.cavendish.com/deals/mj-hudson-group-plc/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [Onward Opportunity Ltd](https://www.cavendish.com/deals/onward-opportunity-limited/) - No Content No Content Year 2023 Transaction type Sector Follow us Ready to start a conversation?
- [Anglo African Oil & Gas plc](https://www.cavendish.com/deals/anglo-african-oil-gas-plc/) - No Content No Content Year 2019 Transaction type Sector Anglo African Oil & Gas plc (AIM: AAOG), an independent oil and gas developer, has raised £6.0 million through a placing of new ordinary shares. The Placing will provide the Company with the funds required to complete the drilling of well TLP-103C at its Tilapia field
- [Anglo African Oil](https://www.cavendish.com/deals/anglo-african-oil/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised Anglo African Oil & Gas Plc on their £8.25m placing and investor sharing agreement. Follow us Ready to start a conversation?
- [Haydale Graphene Industries plc](https://www.cavendish.com/deals/haydale-graphene-industries-plc/) - No Content No Content Year 2023 Transaction type Sector Cavendish is delighted to have acted as nominated adviser and broker in connection with Haydale Graphene Industries plc recent £5.1 m fundraising. Haydale is a leading global technology solutions company that specialises in the design, development, and commercialisation of advanced materials using graphene and other nanomaterials.
- [Optibioticx](https://www.cavendish.com/deals/optibioticx/) - Optibioticx Year Apr 2020 Transaction type Sector The Cavendish team was led by Jon Edirmanasinghe, Partner and Chris Malcolm, Director with the finnCap team being led by Marc Milmo, Director. Follow us Ready to start a conversation?
- [Surface Transforms](https://www.cavendish.com/deals/surface-transforms-2/) - Surface Transforms Year 2020 Transaction type Sector finnCap have acted as joint broker in connection with a £1.4 placing for Surface Transforms Plc, the manufacturers of carbon fibre reinforced ceramic materials. Follow us Ready to start a conversation?
- [Arena Events Group Plc](https://www.cavendish.com/deals/arena-events-group-plc/) - Arena Events Group Plc Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Destiny Pharma plc](https://www.cavendish.com/deals/destiny-pharma-plc-2/) - Destiny Pharma plc Year 2020 Transaction type Sector finnCap have raised up to £11.5m for Destiny Pharma plc to fund the acquisition of a novel biotherapeutic asset targeting the prevention of recurrence of C. difficile infection, and enable the completion of Phase III clinical trial preparations. Follow us Ready to start a conversation?
- [Open Orphan](https://www.cavendish.com/deals/open-orphan/) - Open Orphan Year 2020 Transaction type Sector finnCap have advised Open Orphan plc (ORPH), a rapidly growing specialist CRO pharmaceutical services company o/n it's oversubscribed Fundraising of approximately £12 million. The net proceeds of the Fundraising will be used to: • Maximise available Covid-19 opportunities including accelerating the development of both a seasonal coronavirus and
- [Providence Resources](https://www.cavendish.com/deals/providence-resources/) - Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Sopheon plc](https://www.cavendish.com/deals/sopheon/) - Sopheon plc Year 2021 Transaction type Sector finnCap have advised Sopheon on completing a £10m sell down for the company’s major shareholders and management. Carl Holmes, Corporate Finance Director, comments: “We are delighted to help deliver a good result for the management team and to further institutionalise the Sopheon share register.” Follow us Ready to
- [Redcentric](https://www.cavendish.com/deals/redcentric/) - Redcentric Year 2020 Transaction type Sector finnCap have raised c.£5.8m for Redcentric, a leading UK IT managed services provider. finncap provided advice to Redcentric as it agreed a settlement with the FCA and it is also the first time that an AIM company has put in place its own restitution scheme to pay compensation. The
- [Omega Diagnostics Group PLC](https://www.cavendish.com/deals/omega-diagnostics-group-plc-2/) - Omega Diagnostics Group PLC Year 2020 Transaction type Sector finnCap have raised £11m for Omega Diagnostics Group, an AIM-listed molecular diagnostics firm. The funds will be used to exploit opportunities the Company currently has with COVID19 testing, to scale up manufacturing, to undertake work to improve the margin of its VISITECT® CD4 products and to
- [Revolution Bars](https://www.cavendish.com/deals/revolution-bars-2/) - Revolution Bars Group PLC Year 2020 Transaction type Sector finnCap have raised £15m for Revolution Bars Group PLC and are advising on its proposed transfer to AIM. The fundraising will enable the business to prosper as soon as it is allowed to open again, post lockdown. Matt Goode, Corporate Finance Director, finnCap Group Consumer Sector,
- [Access Intelligence](https://www.cavendish.com/deals/access-intelligence-2/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised Access Intelligence Plc (AIM: ACC) on their £3.3m fundraising and acquisition of Fenix Media Limited and Face US Inc from Cello Health Plc. Access Intelligence Plc are a technology innovator delivering Software-as-a-Service ("SaaS") solutions for the PR, communications and marketing industries. Follow us
- [Avacta](https://www.cavendish.com/deals/avacta/) - Avacta Group PLC Year Jun 2020 Transaction type Sector finnCap have led on Avacta’s £48m equity fundraise – by way of placing, subscription and offers via PrimaryBid. We had to increase the quantum several times, such was the level of interest in Avacta and its technology platform. We were still very heavily over subscribed and
- [President Energy](https://www.cavendish.com/deals/president-energy/) - President Energy Year 2020 Transaction type Sector finnCap have advised Castleton Technology Plc on its landmark acquisition by MRI Software. This deal, for which the vast majority of transactional work was conducted during lockdown, will accelerate development of Castleton’s cloud technologies in serving socialhousing providers. David Payne, Chairman, Castleton Technology, comments: “I am very grateful
- [Diaceutics Plc](https://www.cavendish.com/deals/diaceutics-plc/) - Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Petra Group](https://www.cavendish.com/deals/petra-group/) - Petra Group Year 2020 Transaction type Sector finnCap have advised PETRA Group on the acquisition of HWSI Realisation Fund Limited (HWSI). The PETRA Group is a privately held independent group that was founded in 2011. It is in the business of acquiring non-bank financial firms and then funding and managing those firms post-acquisition. The founders
- [Dye & Durham](https://www.cavendish.com/deals/dye-durham/) - Dye & Durham Year 2020 Transaction type Sector The standard LCAD$172.5m fundraise on IPO to TSX finnCap have advised Dye & Durham on their CAD$172.5m fundraise on IPO to TSX. Follow us Ready to start a conversation?
- [Elixrr](https://www.cavendish.com/deals/elixrr/) - Elixrr Year 2020 Transaction type Sector finnCap have advised global award-winning challenger consultancy Elixirr on admitting to AIM following a £25m placing, the first IPO out of lockdown Stephen Newton, Chief Executive, Elixirr International: “It has been a pleasure getting to know and working with the finnCap team despite the limitations of lockdown. Throughout this
- [Gemfields](https://www.cavendish.com/deals/gemfields/) - No Content No Content Year 2020 Transaction type Sector finnCap have advised Gemfields Group Ltd on their AIM listing. Gemfields, a world-leading supplier of responsibly sourced, coloured gemstones. Follow us Ready to start a conversation?
- [Frankel Topping](https://www.cavendish.com/deals/frankel-topping/) - Frenkel Topping Year 2020 Transaction type Sector finnCap have raised £13m for Frenkel Topping Group Plc, a specialist independent financial adviser and wealth manager focused on asset protection for its clients. The oversubscribed fundraise will allow the Company to execute its M&A roll-up strategy, consolidating the heavily fragmented pre-settlement professional services marketplace in the Personal
- [Inspiration Healthcare Group Plc](https://www.cavendish.com/deals/inspiration-healthcare-group-plc/) - Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Landore Resources Limited](https://www.cavendish.com/deals/landore-resources-limited/) - Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Marlowe Plc](https://www.cavendish.com/deals/marlowe-plc/) - Marlowe plc Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [InfraStrata Plc](https://www.cavendish.com/deals/infrastrata-plc/) - Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Eden Research Plc](https://www.cavendish.com/deals/eden-research-plc/) - Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Savannah Resources plc](https://www.cavendish.com/deals/savannah-resources-plc/) - Savannah Resources Year 2020 Transaction type Sector finnCap have advised Savannah Resources plc (AIM: SAV, FWB: SAV and SWB: SAV), the resource development company, in a significantly oversubscribed placing of £2.34 million. David Archer, Savannah's CEO commented: "'We have been delighted to see the strong equity capital market support for the Placing which was heavily
- [Round Hill Music Royalty Fund Ltd](https://www.cavendish.com/deals/round-hill-music-royalty-fund-ltd/) - No Content No Content Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Salt Lake Potash Ltd](https://www.cavendish.com/deals/salt-lake-potash-ltd/) - Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Round Hill Music Royalty Fund Ltd](https://www.cavendish.com/deals/round-hill-music-royalty-fund-ltd-2/) - No Content No Content Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Angle plc](https://www.cavendish.com/deals/angle-plc-2/) - Angle plc Year 2020 Transaction type Sector finnCap Group have assisted ANGLE plc, a world-leading liquid biopsy company, with a £19.6m placing. These funds will help extend ANGLE’s cash runway as the #FDA reviews its Parsortix® PC1 system. Follow us Ready to start a conversation?
- [Synairgen](https://www.cavendish.com/deals/synairgen/) - Synairgen Year 2020 Transaction type Sector finnCap announces an £80m fundraise and £7m Open Offer for Synairgen Research Ltd, supporting Ph III trials and scale up of its inhaled interferon beta, SNG001, for the treatment of #COVID19. On completion, finnCap will have raised £94m for Synairgen since April. Richard Marsden, CEO, Synairgen: “It was particularly
- [Fonix Mobile plc](https://www.cavendish.com/deals/fonix-mobile-plc/) - Fonix Mobile plc Year 2020 Transaction type Sector In our second IPO on AIM in the 6 months before October, we have advised Fonix Mobile Plc, on its admission to AIM and successful £45 million Secondary Placing. finnCap is acting as Nomad and Sole Broker and we look forward to accompanying Fonix on its growth
- [Chariot Oil & Gas](https://www.cavendish.com/deals/chariot-oil-gas/) - Chariot Oil & Gas Year 2021 Transaction type Sector finnCap Group is delighted to announce a $23m fundraising for Chariot Oil & Gas Limited (LON:CHAR). Christopher Raggett, Co-Head of Corporate Finance, finnCap Group – “We are delighted to have worked with the management team at Chariot to help them in the next phase of their
- [Calnex Solutions Plc](https://www.cavendish.com/deals/calnex-solutions-plc/) - Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Spring](https://www.cavendish.com/deals/spring/) - No Content No Content Year 2020 Transaction type Sector Cavendish Corporate Finance, the UK’s leading mid-market M&A firm, has advised Spring, a new home buying service, on securing private equity investment to support its growth strategy via circa £300 million in annual home buying capacity. Spring acts as the property purchaser, giving home sellers speed,
- [US Solar Fund plc](https://www.cavendish.com/deals/us-solar-fund-plc/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Angle plc](https://www.cavendish.com/deals/angle-plc/) - Angle plc Year 2021 Transaction type Sector finnCap Capital Markets is delighted to have advised ANGLE plc on its £20m Placing, accelerating further clinical applications for Parsortix® and exploit the first-mover advantage that the FDA clearance for Parsortix® will create. The funds will be used to develop a pre-biopsy test for prostate cancer, expanding its
- [Trackwise Design plc](https://www.cavendish.com/deals/trackwise-design-plc/) - Trackwise Year 2020 Transaction type Sector finnCap have advised Trackwise Designs plc on an oversubscribed up to £12m Fundraise. This funding will help our client meet requirements for increased IHT (Improved Harness TechnologyTM) manufacturing capacity, due to their recently announced EV OEM up to £38m manufacturing agreement, future anticipated IHT demand and emerging Medical and
- [Round Hill Royalty Fund Ltd](https://www.cavendish.com/deals/round-hill-royalty-fund-ltd/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Access Intelligence](https://www.cavendish.com/deals/access-intelligence-2020-draft/) - Access Intelligence Year 2020 Transaction type Sector finnCap have advised Access Intelligence Plc - an AI innovator delivering SaaS solutions to PR, comms and marketing industries - on a significantly oversubscribed c.£13.7m placing. Joanna Arnold, CEO, Access Intelligence: “At Access Intelligence we are focused on building the intelligence marketplace of the future. A new generation
- [Ideagen plc](https://www.cavendish.com/deals/ideagen/) - Ideagen plc Year 2020 Transaction type Sector “We were delighted to work alongside Access Intelligence's management team and help them with this placing. As a leading provider of communications intelligence solutions delivering SaaS solutions combining traditional and social media monitoring, these funds enable Access Intelligence to extend its global reach and accelerate its development roadmap
- [Surface Transforms](https://www.cavendish.com/deals/surface-transforms/) - Surface Transforms Year 2021 Transaction type Sector finnCap have advised Surface Transforms Plc on an oversubscribed up to £20m Fundraise. Surface Transforms develop and produce carbon‐ceramic material automotive brake discs. They are the UK's only manufacturer of carbon‐ceramic brake discs, and only one of two mainstream carbon-ceramic brake disc companies in the world. David Bundred,
- [Innovaderma](https://www.cavendish.com/deals/innovaderma/) - Innovaderma plc Year 2021 Transaction type Sector finnCap have advised InnovaDerma PLC on an up to £4.5m Fundraise. InnovaDerma is a UK developer and marketer of beauty, personal care and clinically proven life science products. InnovaDerma has presence in the UK, Europe, US, Australasia, Asia and Africa. This funding will be used to strengthen InnovaDerma’s
- [Smoove](https://www.cavendish.com/deals/smoove/) - No Content No Content Year 2023 Transaction type Sector Cavendish is delighted to be acting as sole Financial and Rule 3 Adviser for Smoove in relation to its all-cash offer from ASX-listed PEXA. Smoove plc is a UK-based software solutions provider for the housing market. The Board of PEXA, which operates PEXA Exchange, a digital property settlements platform in Australia, said it “believes there is a significant opportunity for Smoove's existing
- [Velocity Composites plc](https://www.cavendish.com/deals/velocity-composites-plc/) - No Content No Content Year 2023 Transaction type Sector Cavendish is delighted to announce that we have acted for Velocity Composites plc, in the Placing, Subscription and Retail Offer to raise £6.6m. Velocity, a UK-based aerospace supplier, offers advanced composite material kits, process optimisation products, and engineering support services, including full ply generation, shape management,
- [Argo Blockchain](https://www.cavendish.com/deals/argo-blockchain/) - Argo Blockchain Year 2021 Transaction type Sector finnCap have advised Argo Blockchain Plc, a global leader in cryptocurrency mining (LSE: ARB), on their £27m placing. Follow us Ready to start a conversation?
- [Jersey Oil & Gas](https://www.cavendish.com/deals/jersey-oil-gas/) - Jersey Oil & Gas plc Year 2021 Transaction type Sector finnCap Capital Markets is delighted to advised Jersey Oil & Gas on a £15m Placing which aimed to deliver production from the planned n respect of its Greater Buchan Area ("GBA") development project at an industry leading carbon intensity level due to platform electrification. Follow
- [Xeros Technology Group plc](https://www.cavendish.com/deals/xeros-technology-group-plc/) - No Content No Content Year 2021 Transaction type Sector finnCap’s Industrials Team is delighted to have advised Xeros Technology Group plc on its recent placing and open offer of £9m. The placing was oversubscribed and well-supported by new and existing shareholders alike. This marks the third equity raise in 15 months for a company leading
- [PCI PAL](https://www.cavendish.com/deals/pci-pal/) - PCI Pal Year 2021 Transaction type Sector finnCap have advised PCI-PAL PLC (AIM: PCIP), the global provider of secure payment solutions, on their fundraising of £5.5 million. Follow us Ready to start a conversation?
- [CrimsonTide plc](https://www.cavendish.com/deals/crimsontide/) - Crimson Tide plc Year 2021 Transaction type Sector finnCap is delighted to have advised #CrimsonTide (mpro5 from Crimson Tide) on an oversubscribed £6m primary fundraise with an £1.5m sell-down. Proceeds will be used to further develop the Company's mpro5 platform and to develop an app-based version for micro sized businesses. Proceeds will also be invested
- [Best of The Best](https://www.cavendish.com/deals/best-of-the-best/) - Year 2021 Transaction type Sector finnCap Capital Markets have advised BOTB.com (Best of the Best Plc) on a £60m secondary placing for the founders and major shareholders of the company. Best of the Best management team commented: "We are delighted with the outcome of the secondary placing last week, and the support we have been
- [Sentenial Group & Nuapay](https://www.cavendish.com/deals/sentenial-group-nuapay-v1/) - Sentenial Group & Nuapay Year 2021 Transaction type Sector “This partnership will enable us accelerate our global growth plans by investing in our people, technology, sales and marketing. I would like to thank the whole team at Cavendish for providing advice and guidance on this transformational transaction.” SEAN FITZGERALDCEOSENTENIAL finnCap Cavendish, part of financial advisory
- [Revolution Bars](https://www.cavendish.com/deals/revolution-bars/) - Revolution Bars Group plc Year 2021 Transaction type Sector finnCap Group is delighted to announce a £21m fundraising for Revolution Bars Group PLC (LON:RBG). Matt Goode, Head of Consumer, finnCap Capital Markets - “We are delighted to have raised £21m for Revolution Bars Group plc, which will enable it to reduce indebtedness, accelerate its existing
- [Poolbeg Pharma plc](https://www.cavendish.com/deals/poolbeg-pharma/) - Poolbeg Pharma plc Year 2021 Transaction type Sector finnCap Capital Markets is delighted to have advised on the IPO and admission to AIM of Poolbeg Pharma Plc, at a market cap of £50m, raising £25m as part of the IPO. This clinical stage infectious disease pharma company was spun out of Open Orphan Plc. Poolbeg
- [Pimlico Plumbers](https://www.cavendish.com/deals/pimlico-plumbers-v1/) - Pimlico Plumbers Year 2021 Transaction type Sector “I would like to thank all of those involved in the process that has concluded with us ultimately choosing Neighborly as our partner going forward, those at finnCap Cavendish and our CFO Mike Bergin, without whom this would have not happened.” SCOTT MULLINSPRESIDENT AND CEOPIMLICO PLUMBERS finnCap Cavendish
- [IOG plc](https://www.cavendish.com/deals/iog-plc-draft/) - IOG plc Year 2021 Transaction type Sector finnCap Capital Markets is delighted to have advised IOG Plc on its oversubscribed £8.5m Placing, enabling allow the UK energy firm to trigger an “attractive extension option” for use of the Noble Hans Deul rig for a “dual-lateral well” in 2022. This will allow for the appraisal of
- [Genedrive](https://www.cavendish.com/deals/genedrive/) - Genedrive plc Year 2021 Transaction type Sector finnCap Capital Markets is delighted to have advised genedrive, a commercial-stage molecular diagnostics business, on its fundraise of up to £10.5m via a placing and open offer. finnCap acted as Joint Broker. Proceeds are expected to help funding the rapid development of the GDR COV POC, a closed
- [Access Intelligence](https://www.cavendish.com/deals/access-intelligence/) - Access Intelligence Year 2021 Transaction type Sector finnCap Group is very pleased to announce that we have advised Access Intelligence on the transformational acquisition of ASX listed Isentia Group Limited and an oversubscribed £50.0m equity raise to fund the acquisition. Access Intelligence is the technology innovator delivering Software-as-a-Service ("SaaS") solutions for the PR, communications and
- [Telit Communications](https://www.cavendish.com/deals/telit-communications/) - Telit Communications Year 2021 Transaction type Sector finnCap Capital Markets Plc Strategic Advisory is pleased to have advised Telit Communications PLC on its £305m takeover and acquisition by DBAY Advisors. Follow us Ready to start a conversation?
- [Intelling Group](https://www.cavendish.com/deals/intelling-group-v1/) - Intelling Group Limited Year 2021 Transaction type Sector “We are delighted with the support received from the finnCap Cavendish team throughout this process. Mike and the team ensured that we prepared meticulously, identified the right pool of potential investors and worked closely with us, the management team and our legal advisers to deliver a great
- [GCSEPod (Soundbite Learning)](https://www.cavendish.com/deals/gcsepod-soundbite-learning-v1/) - GCSEPod (Soundbite Learning) Year 2021 Transaction type Sector “This transaction is a hugely important step in the company’s development, strongly positioning the business for its next phase of growth, allowing us to meet the growing need for secondary school students to learn in an independent, fluid and remote manner.” ANTHONY COXONCO-FOUNDERGCSEPOD finnCap Cavendish, part of
- [Gelion Inspired Energy](https://www.cavendish.com/deals/gelion-inspired-energy/) - Gelion Inspired Energy Year 2021 Transaction type Sector finnCap Capital Markets is delighted to advise Gelion PLC on its admission to AIM and £22m Placing. Following this IPO, Gelion, which has developed a revolutionary battery technology for the stationary storage of renewable energy, will begin trading at a market cap of £154.4m. Founded by Professor
- [Atome](https://www.cavendish.com/deals/atome/) - ATOME Year 2021 Transaction type Sector finnCap Capital Markets is delighted to have advised on the IPO and admission to AIM (with a market cap of £26m), alongside an equity raise of £9m, of Atome Energy Plc. Spun out of our client President Energy, Atome is the first green hydrogen and ammonia production company listed
- [Chariot Transitional Energy](https://www.cavendish.com/deals/chariot-energy/) - Chariot Transitional Energy Year 2021 Transaction type Sector finnCap Capital Markets is delighted to have advised energy company Chariot on its $9.5m equity placing, helping fund its ongoing well and gas sales agreement work. Proceeds would be used to re-enter the Anchois-1 discovery well. They would also be used to finalise negotiations of gas sales
- [Inflexion Private Equity](https://www.cavendish.com/deals/inflexion-private-equity-v1/) - Inflexion Private Equity Year 2022 Transaction type Sector “The team at finnCap Cavendish were instrumental in helping us reach a successful conclusion with our investment in Wood Thilsted, providing invaluable advice and process management throughout the transaction.” STUART ROBINSON PARTNER INFLEXTION finnCap Cavendish, part of the finnCap Group Plc, is delighted to have acted as
- [KMP HOLDINGS](https://www.cavendish.com/deals/kmp-holdings-v1/) - KMP Holdings Ltd Year 2022 Transaction type Sector “This transaction is a hugely significant milestone in KMP’s development, strongly positioning the business for its next phase of growth, allowing us to extrapolate our already strong global reach with opportunities for economies of scale across complementary brands and products.I am grateful for the invaluable advice, support
- [Omega Diagnostics Group PLC](https://www.cavendish.com/deals/omega-diagnostics/) - Omega Diagnostics Group PLC Year 2022 Transaction type Sector finnCap Capital Markets has advised Omega Diagnostics on a placing of £5m with up to £2m possible via an Open Offer to enable it to focus on the growth opportunities within its two core businesses, Health & Nutrition and Global Health (VISITECT CD4). It has also
- [Photo-Me](https://www.cavendish.com/deals/photo-me/) - Photo-Me Year 2022 Transaction type Sector We are delighted to have acted as Financial Adviser and Rule 3 Adviser to the Independent Directors of our long term client, Photo-Me, in relation to the £284.5m offer from Serge Crasnianski, Photo-Me’s CEO. Follow us Ready to start a conversation?
- [ParsleyBox](https://www.cavendish.com/deals/parsleybox/) - Parsley Box Year 2022 Transaction type Sector finnCap Capital Markets is delighted to advise Parsley Box Group Plc on a fundraising of up to £7m, comprising equity fundraising of £5.9m and an open offer to raise up to £1.1m. Parsley Box is a direct-to-consumer provider of ready meals focused on the Baby Boomer+ demographic, and
- [SRT Marine Systems PLC](https://www.cavendish.com/deals/srt-marine-systems-plc/) - SRT Marine Systems plc Year 2022 Transaction type Sector finnCap Capital Markets is delighted to have advised SRT Marine Systems plc, the global leader in maritime surveillance, security, management and safety products and integrated systems, on its £5m fundraise. £5m Fundraise Follow us Ready to start a conversation?
- [Rosetta Brands](https://www.cavendish.com/deals/rosetta-brands-v1/) - Rosetta Brands Year 2022 Transaction type Sector “We are delighted to be partnering with Rockpool. This transaction will enable us to accelerate our long-term growth objectives and help expand our international presence, especially in the US. Karri and Amy achieved a fantastic result for us and their ecommerce sector expertise, professionalism and unwavering dedication throughout
- [Peach Pubs](https://www.cavendish.com/deals/peach-pubs-v1/) - Peach Pubs Year 2022 Transaction type Sector “On behalf of all of the shareholders at Peach, a huge thank you to the team at finnCap Cavendish – they have done a great job. With the unprecedented macro back-drop that we have all been experiencing, we needed an adviser who was thoughtful, tenacious and prepared to
- [Haydale graphene](https://www.cavendish.com/deals/haydale-graphene/) - Haydale Graphene Year 2022 Transaction type Sector finnCap Capital Markets is delighted to have advised Haydale Graphene on securing funding including a £5m placing and an Open Offer for up to 25.5m shares. Haydale Graphene is a key enabler of the nanomaterials revolution. Raymond Greaves, Head of Research, finnCap Capital Markets, comments: “We’re very pleased
- [Pollen Street & Honeycomb Investment Trust](https://www.cavendish.com/deals/pollen-street-honeycomb-investment-trust/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [Peach Pubs](https://www.cavendish.com/deals/peach-pubs-v1-2/) - Peach Pubs Year 2022 Transaction type Sector “On behalf of all of the shareholders at Peach, a huge thank you to the team at finnCap Cavendish – they have done a great job. With the unprecedented macro back-drop that we have all been experiencing, we needed an adviser who was thoughtful, tenacious and prepared to
- [Xeros Technology](https://www.cavendish.com/deals/xeros-technology/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [Sondrel Holdings plc](https://www.cavendish.com/deals/sondrel-holdings-plc/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [LoopUp Group plc](https://www.cavendish.com/deals/loopup-group-plc/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [Surface transforms plc](https://www.cavendish.com/deals/surface-transforms-plc/) - Surface Transforms plc Year 2022 Transaction type Sector finnCap Capital Markets is delighted to have advised Surface Transforms on securing funding through a £16m placing and up to a further £2m through open offer. This fundraise supporting the profitable growth phrase. Follow us Ready to start a conversation?
- [RO & ZO](https://www.cavendish.com/deals/ro-zo-v1/) - Ro&Zo Year 2022 Transaction type Sector “We are immensely grateful for the hard work and expertise we received from finnCap in securing this fundraise. Zuleika’s knowledge and communication skills were outstanding. It is the first time we have raised external funds so we were heavily reliant on their introductions, all of which were a good
- [Intelligent Ultrasound Group plc](https://www.cavendish.com/deals/intelligent-ultrasound-group-plc-2/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [Gemserv](https://www.cavendish.com/deals/gemserv/) - Gemserv Year 2023 Transaction type Sector “The finnCap Cavendish team did a great job of running a competitive process to establish the best transaction options available for our stakeholders. They were instrumental in delivering the Talan deal and were a pleasure to work with.” ALEX GOODYCEOGEMSERV finnCap Cavendish, part of finnCap Group plc, is pleased
- [Therapy Equipment Ltd](https://www.cavendish.com/deals/therapy-equipment-limited-v1/) - Therapy Equipment Ltd Year 2023 Transaction type Sector “The finnCap Cavendish team, led by Michael Jewell, did a fantastic job, running a truly competitive international process and managing the transaction through the diligence process with great skill. They were instrumental in delivering this deal and the strong outcome.” JAMES WOOSTERDIRECTOROWNER VENTURE MANAGERS finnCap Cavendish, part
- [Shield Therapeutics](https://www.cavendish.com/deals/shield-therapeutics/) - Shield Therapeutics Year 2023 Transaction type Sector Follow us Ready to start a conversation?
- [Brave Bison Group plc](https://www.cavendish.com/deals/brave-bison-group-plc/) - No Content No Content Year 2023 Transaction type Sector Follow us Ready to start a conversation?
- [Destiny Pharma plc](https://www.cavendish.com/deals/destiny-pharma-plc/) - Destiny Pharma plc Year 2023 Transaction type Sector £7.3m Fundraise Follow us Ready to start a conversation?
- [Seatfrog](https://www.cavendish.com/deals/seatfrog/) - Seatfrog Year 2023 Transaction type Sector "Time is the most valuable commodity of any entrepreneur, and Zuleika and the team at finnCap have been exceptional in helping us secure today’s investment whilst enabling us to also focus time and effort on growing the business. This marks the latest milestone on our journey but it’s by
- [Ocean Harvest](https://www.cavendish.com/deals/ocean-harvest/) - Ocean Harvest Technology Year 2023 Transaction type Sector finnCap Capital Markets has successfully raised £6 million for Ocean Harvest Technology's AIM IPO, with shares admitted to trading on AIM earlier today. As one of the leading producers of seaweed blend ingredients for the animal feed market, Ocean Harvest Technology's unique products provide significant benefits to
- [Fadel Partner Inc.](https://www.cavendish.com/deals/fadel-partner-inc/) - Fadel Partner Inc. Year 2023 Transaction type Sector finnCap Capital Markets acted as nominated adviser and broker in connection with Fadel Partners, Inc.’s AIM IPO. The Company raised £8m in order to execute on its next phase of growth. Fadel is a leading developer of cloud-based brand compliance and rights and royalty management software, working
- [Caledonia Mining Corporation plc](https://www.cavendish.com/deals/caledonia-mining-corporation-plc/) - No Content No Content Year 2023 Transaction type Sector Follow us Ready to start a conversation?
- [Wine-Searcher](https://www.cavendish.com/deals/wine-searcher/) - No Content No Content Year 2023 Transaction type Sector "Thank you very much to the Cavendish team of all of your help and advice on this transaction. We are not sure how we would have got to the end without you and you had an ability of find a mid-ground where both sides were happy
- [Mable Therapy](https://www.cavendish.com/deals/mable-therapy/) - Mable Therapy Year 2023 Transaction type Sector "Throughout the process we have been assisted by FinnCap, from start to finish Zuleika and James have been an essential part of the raising process, this is the first time we have raised institutional money and I can’t imagine how we could have done it without the incredible
- [John Nicholls Trading](https://www.cavendish.com/deals/john-nicholls-trading/) - John Nicholls Trading Ltd Year 2023 Transaction type Sector In selling these branches to MKM, I believe that we have found the right custodian to continue the excellent levels of service our customers have come to expect, whilst preserving the local focus and values that John Nicholls has built over the years.On behalf of the
- [UK Storage](https://www.cavendish.com/deals/uk-storage/) - No Content No Content Year 2023 Transaction type Sector "We are delighted to have found a perfect match to drive the growth of the Company we founded in 2005. After a rigorous sale process, we have no doubt that Davidson Kempner/Pithos Capital will continue to develop the Company as the UK’s largest independent self-storage provider
- [Plant Health Care plc](https://www.cavendish.com/deals/plant-health-care-plc/) - No Content No Content Year 2023 Transaction type Sector Follow us Ready to start a conversation?
- [Chariot Ltd](https://www.cavendish.com/deals/chariot-ltd/) - No Content No Content Year 2023 Transaction type Sector Follow us Ready to start a conversation?
- [Omega Diagnostics Group plc](https://www.cavendish.com/deals/omega-diagnostics-group-plc-4/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised Omega (AIM: ODX), the medical diagnostics company focused on allergy, food intolerance and infectious disease on their £1.7m fundraising. The net proceeds of the Fundraising will be used for working capital purposes and to continue the commercialisation of both versions of the VISITECT®
- [Savannah](https://www.cavendish.com/deals/savannah/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised Savannah Resources Plc on their £5m fundraising. Savannah Resources plc (AIM: SAV, FWB: SAV and SWB: SAV) are an AIM quoted resource development company, which is focused on becoming Europe's most significant producer of lithium spodumene concentrates from its wholly owned Mina do
- [Bracken Trading](https://www.cavendish.com/deals/bracken-trading/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised Bracken Holdings on their admission to trading on the NEX Exchange Growth Market. Follow us Ready to start a conversation?
- [Avacta Group](https://www.cavendish.com/deals/avacta-group/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised Avacta Group plc (AIM: AVCT), the developer of Affimer® biotherapeutics and research reagents, on their £9m fundraising. This will help deliver: • The phase 1 clinical trial of AVA6000 pro-doxorubicin;• Continuing to advance Affirmer immunotherapy pipeline with partners;• Delivering further commercial progress for
- [Omega Diagnostics Group PLC](https://www.cavendish.com/deals/omega-diagnostics-group-plc-3/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised Omega Diagnostics Group Plc on a £0.64m fundraising. Colin King, CEO of Omega Diagnostics, commented: "We are pleased with the support shown from our existing shareholders as the Company progresses with its Strategic Review. These funds will help with working capital as the
- [Tech Media](https://www.cavendish.com/deals/tech-media/) - No Content No Content Year 2019 Transaction type Sector TechMedia, the leading producer of digital marketing conferences in the US, has been sold to Naylor Association Solutions, a portfolio company of RLJ Equity Partners. Founded in 2001 as a voice for the digital economy, TechMedia’s flagship product is the Digital Summit conference series, which hosts
- [The Barkby Group plc](https://www.cavendish.com/deals/the-barkby-group-plc/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised The Barkby Group PLC, the consumer-focused hospitality group, on their acquisition of the entire issued share capital of each of Tarncourt Ambit Properties Limited, Tarncourt Ambit Limited and Workshop Trading Holdings Limited as well as a placing of £5m. Follow us Ready to
- [Trackwise Designs plc](https://www.cavendish.com/deals/trackwise-designs-plc/) - Trackwise Designs PLC Year 2020 Transaction type Sector finnCap have advised Trackwise Design Plc on their fundraising of £5.87m. The proceeds of the Fundraising will support the acquisition of SCL, the proposed funding of additional capacity and capability and the provision of growth working capital to include the continued development of the Company's IP and
- [Avidcenna](https://www.cavendish.com/deals/avidcenna/) - No Content No Content Year 2019 Transaction type Sector Cavendish Corporate Finance is delighted to announce the successful completion of the acquisition of Avicenna Holdings Limited by Juno Health Limited. Avicenna comprises 21 pharmacies, as well as a buying group operation serving more than 1,000 independent pharmacies. Cavendish Corporate Finance is delighted to announce the
- [7Digital](https://www.cavendish.com/deals/7digital/) - No Content No Content Year 2019 Transaction type Sector finnCap have advised on a proposed subscription to raise additional finance to meet the immediate working capital requirements of 7digital Group plc. Follow us Ready to start a conversation?
- [FFI Holdings plc](https://www.cavendish.com/deals/ffi-holdings-plc/) - No Content No Content Year 2019 Transaction type Sector finnCap have acted as Rule 3 adviser to the offeree (FFI Holdings Plc) on a circa. £40m recommended bid by Lumiere Acquisitions Company LLC. Follow us Ready to start a conversation?
- [Nasstar](https://www.cavendish.com/deals/nasstar/) - No Content No Content Year 2020 Transaction type Sector finnCap have acted as Broker and Rule 3 adviser to Nasstar in a £79.4m recommended cash offer by GCI. Follow us Ready to start a conversation?
- [Hardide plc](https://www.cavendish.com/deals/hardide/) - No Content No Content Year 2020 Transaction type Sector finnCap have advised Hardide plc (AIM: HDD), the developer and provider of advanced surface coating technology, on their £2.5 million fundraising. With these new funds the Company will acquire replacement and additional modern equipment to a value of approximately £1.5 million in connection with the move
- [Quarto Group](https://www.cavendish.com/deals/quarto-group/) - No Content No Content Year 2020 Transaction type Sector finnCap have advised The Quarto Group Inc., the illustrated book publisher and distribution group,on their fundraise of £13.9 million underwritten by Open offer. Follow us Ready to start a conversation?
- [K3 Capital Group plc](https://www.cavendish.com/deals/k3-capital-group-plc-draft-matthew-to-review/) - K3 Capital Group PLC Year 2018 Transaction type Sector finnCap Group have advised K3 Capital Group plc on its £30.45m fundraise and its acquisitions of randd uk ltd, which advises clients on Research and Development Tax Credit (RDTC) claims, for an initial consideration of £9.27m, and restructuring and advisory firm Quantuma for an initial payment
- [Parsley Box](https://www.cavendish.com/deals/parsley-box/) - No Content No Content Year 2019 Transaction type Sector finnCap Group advised on £3 million investment into Parsley Box by Mobeus. Parsley Box, a direct provider of quality nutritional meals to the elderly and those that are house bound, is set for further substantial growth following the cash injection and the investment will help to
- [eProp Services PLC](https://www.cavendish.com/deals/eprop-services-plc/) - No Content No Content Year 2019 Transaction type Sector finnCap have acted as Rule 3 adviser to the offeree (eProp Services Plc) on a c.£18m recommended bid from Tosca Acquisition Limited. Follow us Ready to start a conversation?
- [Mindful Chef Limited](https://www.cavendish.com/deals/mindful-chef-limited-v1/) - Mindful Chef Limited Year 2019 Transaction type Sector “The team at Cavendish went far beyond what was expected, supporting us through the entire fundraising process. I am certain that the deal with Piper would never have completed in the time frame without their help.” Rob Grieg-Gran, co-founder of Mindful Chef Cavendish Corporate Finance, the UK’s
- [redcentric](https://www.cavendish.com/deals/redcentric-duplicate/) - redcentric Year 2014 Transaction type Sector finnCap have advised Redcentric plc (AIM:RCN.L), a leading end to end managed service provider delivering innovative technology to improve business productivity and efficiency, on ther £64m placing and acquisition of InTechnology Managed Services Limited. Tony Weaver, CEO of Redcentric said: "This transformational acquisition will help the Company to achieve
- [Amino Technologies](https://www.cavendish.com/deals/amino-technologies/) - Amino Technologies Year 2015 Transaction type Sector finnCap have advised Amino Technologies on their £21M placing & acquisition. Follow us Ready to start a conversation?
- [Jelf Group](https://www.cavendish.com/deals/jelf-group/) - Jelf Group Year 2015 Transaction type Sector finnCap have advised Jelf Group Plc on their takeover by Marsh Limited. Follow us Ready to start a conversation?
- [PCIPal](https://www.cavendish.com/deals/pcipal/) - PCI Pal plc Year 2020 Transaction type Sector finnCap have advised PCI-PAL PLC (AIM: PCIP), the global provider of secure payment solutions, on their Placing of approximately £5.0 million. Follow us Ready to start a conversation?
- [Bella & Duke](https://www.cavendish.com/deals/bella-duke/) - No Content No Content Year 2020 Transaction type Sector finnCap has advised Bella & Duke (“B&D”) on a £3.5 million round led by Mobeus. The transaction leveraged the finnCap Private Fundraising Team's strong track record in helping fast-growing, UK companies that have a management team seeking honest, unbiased advice on corporate finance. Bella & Duke
- [Xeros Technology](https://www.cavendish.com/deals/xeros-technology-2/) - No Content No Content Year 2020 Transaction type Sector finnCap gave advised Xeros Technology Group plc (AIM: XSG) , the developer and provider of water saving and filtration technologies with multiple commercial and domestic applications, on their £6m placing with Primary Bid offer. Follow us Ready to start a conversation?
- [SRT Marine](https://www.cavendish.com/deals/srt-marine/) - SRT Marine Systems plc Year 2020 Transaction type Sector finnCap have advised SRT, the global provider of maritime surveillance, vessel tracking, monitoring, management and safety systems, aon their Placing and PrimaryBid Offer of £2.8 million. Simon Tucker, CEO of SRT said: "I am very pleased that PrimaryBid has enabled us to include retail investors across
- [Avacta](https://www.cavendish.com/deals/avacta-2/) - Avacta Year 2020 Transaction type Sector finnCap have advised Avacta Group Plc on a £5.75m placing and subscription. Follow us Ready to start a conversation?
- [Margaret Dabbs](https://www.cavendish.com/deals/margaret-dabbs/) - Margaret Dabbs Year 2020 Transaction type Sector Cavendish Corporate Finance, the UK’s leading sell-side specialist M&A firm, has advised premium, direct-to-consumer, British beauty brand Margaret Dabbs London on the sale of a minority holding to Best World International. Founded in 1990, Best World International (“BWI”) is a Singapore headquartered company specialising in the development and
- [Castleton Technology plc](https://www.cavendish.com/deals/castleton-technology-plc-draft/) - Castleton Technology plc Year 2020 Transaction type Sector The stanfinnCap have advised Castleton Technology Plc on their acquisition by MRI Software, a global leader in real estate software solutions. MRI’s acquisition of Castleton, along with that of Orchard Information Systems in March, extends its offering in the social housing market in the UK, Ireland, and
- [KRM22](https://www.cavendish.com/deals/krm22/) - KRM22 PLC Year 2020 Transaction type Sector finnCap have advised KRM22 plc (AIM: KRM), the technology and software investment company, on their £1.3m placing. Follow us Ready to start a conversation?
- [Genedrive](https://www.cavendish.com/deals/genedrive-2/) - Genedrive Year 2020 Transaction type Sector finnCap have advised genedrive plc (AIM: GDR), the near patient molecular diagnostics company, on their £8m fundraising. Follow us Ready to start a conversation?
- [Rosslyn Data Technologies Plc](https://www.cavendish.com/deals/rosslyn-data-technologies-plc/) - Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Venture Life Group plc](https://www.cavendish.com/deals/venture-life-group-plc/) - No Content No Content Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [RUA Life Sciences plc](https://www.cavendish.com/deals/rua-life-sciences-plc/) - No Content No Content Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Eddie Stobart Logistics plc](https://www.cavendish.com/deals/eddie-stobart-logistics-plc/) - No Content No Content Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [InfraStrata plc](https://www.cavendish.com/deals/infrastrata-plc-2/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [K3 Business Technology](https://www.cavendish.com/deals/k3-business-technology/) - K3 Business Technology Year 2017 Transaction type Sector finnCap have advised K3 Business Technology on their £8.5m Fundraising & Open Offer. Follow us Ready to start a conversation?
- [UtilityWise](https://www.cavendish.com/deals/utilitywise/) - No Content No Content Year 2014 Transaction type Sector finnCap have advised UtilityWise , a leading independent utility cost management consultancy, on their £30m placing. Follow us Ready to start a conversation?
- [Gelion plc](https://www.cavendish.com/deals/gelion-plc/) - No Content No Content Year 2024 Transaction type Sector "This acquisition accelerates the development of our LiS technology, contributing to more sustainable global transport and energy consumption. We are excited about the future possibilities that this collaboration will unlock." John WoodCEOGelion Cavendish is delighted to have acted as nominated adviser, sole broker and bookrunner to
- [Neometals](https://www.cavendish.com/deals/neometals/) - No Content No Content Year 2024 Transaction type Sector "We are pleased to close the placement oversubscribed and welcome the support of new domestic institutions and sophisticated investors alike. This funding ensures that our flagship business is well-funded to deliver on its current and future purchase orders, marking a significant milestone in our journey." Chris
- [FRP Advisory Group plc](https://www.cavendish.com/deals/frp-advisory-group-plc-3/) - No Content No Content Year 2024 Transaction type Sector "The reception to the placing from both new and existing investors has been strong, which is testament to the continued execution of our growth strategy." Geoff RowleyChief Executive OfficerFRP Cavendish is delighted to have acted as the sole bookrunner in connection with the successful secondary placing
- [Tabula Investment Management Ltd](https://www.cavendish.com/deals/tabula-investment-management-ltd/) - No Content No Content Year 2024 Transaction type Sector "We are very excited to join Janus Henderson to further our common mission to offer investors market leading investment solutions. Tabula has established a very effective independent ETF business through offering differentiated fixed income ETFs. Janus Henderson is the perfect partner with whom to create a
- [Symatrix](https://www.cavendish.com/deals/symatrix/) - No Content No Content Year 2024 Transaction type Sector “Following a competitive process, we selected Cavendish due to their industry knowledge, professionalism and international partnerships. They have lived up to, and exceeded, our expectations.Working alongside the Cavendish team for over 2 years they expertly guided us through all stages of the process with a clear
- [FRP Advisory Group plc](https://www.cavendish.com/deals/frp-advisory-group-plc/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Synairgen](https://www.cavendish.com/deals/synairgen-2/) - Synairgen PLC Year 2020 Transaction type Sector finnCap have advised Synairgen plc (AIM: SNG), the respiratory drug discovery and development company on their £14m fundraising. Richard Marsden, CEO of Synairgen said: " We are delighted with the support for this financing which will enable us to assess SNG001's effectiveness in COVID-19 patients. A successful outcome
- [Trackwise Designs plc](https://www.cavendish.com/deals/trackwise-designs/) - No Content No Content Year 2020 Transaction type Sector finnCap have advised Trackwise Design Plc on their fundraising of £5.87m. The proceeds of the Fundraising will support the acquisition of SCL, the proposed funding of additional capacity and capability and the provision of growth working capital to include the continued development of the Company's IP
- [Intelligent Ultrasound Group plc](https://www.cavendish.com/deals/intelligent-ultrasound-group-plc/) - Intelligent Ultrasound Group plc Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Agronomics Ltd](https://www.cavendish.com/deals/agronomics-ltd/) - Agronomics Ltd Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [SkinBioTherapeutics Plc](https://www.cavendish.com/deals/skinbiotherapeutics-plc-2/) - No Content No Content Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Marlowe Plc](https://www.cavendish.com/deals/marlowe-plc-2/) - No Content No Content Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [88 Energy Limited](https://www.cavendish.com/deals/88-energy-limited-2/) - No Content No Content Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [HeiQ plc](https://www.cavendish.com/deals/heiq-plc/) - No Content No Content Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [Salt Lake Potash Ltd](https://www.cavendish.com/deals/salt-lake-potash-ltd-2/) - No Content No Content Year 2020 Transaction type Sector Follow us Ready to start a conversation?
- [88 Energy Limited](https://www.cavendish.com/deals/88-energy-limited-5/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Kromek Group plc](https://www.cavendish.com/deals/kromek-group-plc/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Plant Health Care plc](https://www.cavendish.com/deals/plant-health-care-plc-2/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Chamberlin plc](https://www.cavendish.com/deals/chamberlin-plc-3/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Marlowe plc](https://www.cavendish.com/deals/marlowe-plc-4/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Getech Group plc](https://www.cavendish.com/deals/getech-group-plc/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [XLMedia plc](https://www.cavendish.com/deals/xlmedia-plc/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Arena Group plc](https://www.cavendish.com/deals/arena-group-plc/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Duke Royalty Limited](https://www.cavendish.com/deals/duke-royalty-limited-2/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Agronomics Ltd](https://www.cavendish.com/deals/agronomics-ltd-3/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [InfraStrata plc](https://www.cavendish.com/deals/infrastrata-plc-3/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Bidstack](https://www.cavendish.com/deals/bidstack/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [GEN inCode plc](https://www.cavendish.com/deals/gen-incode-plc/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Pelatro plc](https://www.cavendish.com/deals/4911/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [CAP-XX Limited](https://www.cavendish.com/deals/cap-xx-limited/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Brave Bison Group plc](https://www.cavendish.com/deals/brave-bison-group-plc-2/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Creo Medical Group plc](https://www.cavendish.com/deals/creo-medical-group-plc-2/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Mercantile Ports & Logistics Limited](https://www.cavendish.com/deals/mercantile-ports-logistics-limited/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Marlowe plc](https://www.cavendish.com/deals/marlowe-plc-3/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [LoopUp Group plc](https://www.cavendish.com/deals/loopup-group-plc-2/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [TMT Investments Plc](https://www.cavendish.com/deals/tmt-investments-plc/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Harland & Wolff Group Holdings Plc](https://www.cavendish.com/deals/harland-wolff-group-holdings-plc/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Chariot Ltd](https://www.cavendish.com/deals/chariot-ltd-2/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Agronomics Ltd](https://www.cavendish.com/deals/agronomics-ltd-2/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Directa Plus plc](https://www.cavendish.com/deals/directa-plus-plc/) - No Content No Content Year 2021 Transaction type Sector Follow us Ready to start a conversation?
- [Fulcrum Utility Services Limited](https://www.cavendish.com/deals/fulcrum-utility-services-limited/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [Arena Events Group plc & IHC](https://www.cavendish.com/deals/arena-events-group-plc-ihc/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [Neometals Ltd](https://www.cavendish.com/deals/neometals-ltd/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [Chamberlin plc](https://www.cavendish.com/deals/chamberlin-plc-2/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [Clean Power Hydrogen plc](https://www.cavendish.com/deals/clean-power-hydrogen-plc/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [Filta and Franchise Brands](https://www.cavendish.com/deals/filta-and-franchise-brands/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [Duke Royalty Ltd](https://www.cavendish.com/deals/duke-royalty-limited/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [Chariot Ltd](https://www.cavendish.com/deals/4728/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [FRP Advisory Group plc](https://www.cavendish.com/deals/frp-advisory-group-plc-2/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [ValiRx plc](https://www.cavendish.com/deals/valirx-plc/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [88 Energy Limited](https://www.cavendish.com/deals/88-energy-limited-3/) - No Content No Content Year 2022 Transaction type Sector Follow us Ready to start a conversation?
- [Chamberlin plc](https://www.cavendish.com/deals/chamberlin-plc/) - No Content No Content Year 2023 Transaction type Sector Follow us Ready to start a conversation?
- [Shield Therapeutics plc](https://www.cavendish.com/deals/shield-therapeutics-plc-2/) - No Content No Content Year 2023 Transaction type Sector Cavendish is pleased to have assisted Shield Therapeutics plc in securing its substantial $27 million funding package. This funding will allow Shield to further drive the growth of Accrufer®, the sole FDA-approved therapy for iron deficiency. Geoff Nash, Corporate Finance Director at Cavendish, emphasises the significance
- [STM Group plc](https://www.cavendish.com/deals/5233/) - No Content No Content Year 2023 Transaction type Sector Cavendish is delighted to announce it is acting as Financial Adviser and Rule 3 Adviser to STM Group Plc in relation to its recommended £39.8m cash offer from Pension Superfund Capital via Jambo SRC (Bidco), and associated MBO of STM Group’s SIPPs business for £4.5m. STM
- [UP Global Sourcing Holdings](https://www.cavendish.com/deals/up-global-sourcing-holdings/) - No Content No Content Year 2023 Transaction type Sector Cavendish is delighted to announce that we have been appointed as Joint Broker to UP Global Sourcing Holdings plc, (a leading company in the field of branded kitchen and laundry products. Since 1997, Ultimate Products has been dedicated to designing, developing, and distributing innovative products under
- [ZQ Capital Management](https://www.cavendish.com/deals/zq-capital-management/) - No Content No Content Year 2023 Transaction type Sector Cavendish is delighted to announce our involvement in advising ZQ Capital Management and SkyGem Acquisition on a novel refinancing package supporting Allergy Therapeutics PLC, involving the provision of debt, equity, and a mandatory offer under the Takeover Code. Seamus Fricker, Public M&A at Cavendish, commented: "ZQ
- [Round Hill Music Ltd](https://www.cavendish.com/deals/round-hill-music/) - No Content No Content Year 2023 Transaction type Sector We are pleased to announce that Cavendish has acted as the financial and Rule 3 adviser in a landmark transaction involving the acquisition of Round Hill Music Royalty Fund Limited (“RHM”) by Concord Cadence Limited. This transaction valued RHM at approximately US$468.8 million. This deal signifies
- [ASA International](https://www.cavendish.com/deals/asa-international/) - No Content No Content Year 2023 Transaction type Sector Cavendish is delighted to announce that we have been appointed as Joint Broker to ASA International. ASA International Group plc (ASAI: LN) is one of the world’s largest international microfinance institutions providing small, socially responsible loans to low-income entrepreneurs, most of whom are women, across Asia
- [Cornish Metals Inc.](https://www.cavendish.com/deals/cornish-metals-inc/) - No Content No Content Year 2024 Transaction type Sector Cavendish is delighted to have been appointed as joint broker to Cornish Metals Inc. Cornish Metals is a Canadian mineral exploration and development company with a strong focus on its mineral projects in Cornwall. Its flagship project is the South Crofty tin project and the company
- [Sopheon plc](https://www.cavendish.com/deals/5266/) - No Content No Content Year 2024 Transaction type Sector Cavendish is delighted to announce the successful completion of the acquisition of Sopheon plc by IOps Buyer Inc., a wholly-owned subsidiary of Wellspring Worldwide, a portfolio company of Resurgens Technology Partners. The deal valued Sopheon at £115 million and carried a 104% premium to Sopheon’s pre-announcement share
- [Fonix Mobile plc](https://www.cavendish.com/deals/fonix-mobile-fonix-mobile-plc/) - No Content No Content Year 2024 Transaction type Sector Fonix Mobile plc. Follow us Ready to start a conversation?
- [Bank of Georgia](https://www.cavendish.com/deals/bank-of-georgia/) - No Content No Content Year 2024 Transaction type Sector Cavendish is delighted to have acted as Sole Sponsor to FTSE 250 company, Bank of Georgia plc (“BOGG”; mkt cap:c.£2.3bn) on its c.US$304m acquisition of Ameriabank CJSC, a leading universal bank in Armenia, significantly enhancing BOGG’s presence and growth opportunities within a fast-growing and attractive market.

## People

- [Nick Chalmers](https://www.cavendish.com/people/nick-chalmers/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Nick Chalmers is an experienced mining equities and metals research analyst, having spent the past 20 years looking at companies from exploration-stage to senior producers, across a suite of commodity classes. Prior to joining Cavendish, Nick was a founding partner at
- [Alex Wood](https://www.cavendish.com/people/alex-wood/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Alex Wood graduated with a MSc from the Royal School of Mines, Imperial College. He has over 28 years' experience in Commodities research, mining equity research, specialist sales and corporate broking broking & advisory. Alex has advised a wide range of
- [Sanjeev Bains](https://www.cavendish.com/people/sanjeev-bains/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Sanjeev joined Cavendish in March 2026, having previously worked within the M&A teams at UK Government Investments (UKGI) and Grant Thornton.Prior to joining Cavendish, Sanjeev advised on a range of buy-side and sell-side mandates across both large-cap and mid-market transactions, with
- [Nicola Butler](https://www.cavendish.com/people/nicola-butler/) - CONTACT dynamic text placeholder dynamic text placeholder Private Securities Market dynamic text placeholder dynamic text placeholder Nicola joined Cavendish (formerly Cenkos Securities) in 2020 and has more than 30 years of experience in the securities industry. Specialising in operational leadership, trade support and middle office functions. She has a strong track record of delivering operational
- [Scott Miller](https://www.cavendish.com/people/scott-miller/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Business Services dynamic text placeholder dynamic text placeholder Scott joined Cavendish in 2023. He has advised on a number of sell-side and fundraising transactions having previously worked for Deloitte in Edinburgh across a number of sectors including TMT, Business Services and Healthcare. Scott graduated from the University
- [Joe Stiles](https://www.cavendish.com/people/joe-stiles/) - CONTACT dynamic text placeholder dynamic text placeholder dynamic text placeholder dynamic text placeholder Joe joined Cavendish as an Associate in 2025. Joe has advised on a number of sell-side transactions across a range of sectors, to both trade buyers and private equity investors.Prior to Cavendish, he spent five years working in M&A at RSM, where
- [Ben Everson](https://www.cavendish.com/people/ben-everson/) - CONTACT dynamic text placeholder dynamic text placeholder dynamic text placeholder dynamic text placeholder Ben joined Cavendish in 2025 and has over seven years M&A experience advising owner managed businesses, private equity and large corporates.With a focus on transactions in the mid-market, Ben has worked on numerous buy and sell-side transactions across various sectors.After graduating with
- [Geoff Moylan](https://www.cavendish.com/people/geoff-moylan-2/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Technology dynamic text placeholder dynamic text placeholder Geoff joined Cavendish as a Senior Analyst in 2022. Geoff has advised on a number of buy-side, sell-side and capital raising transactions having previously worked for PwC for over three years and boutique M&A advisory firm, Capnua. Geoff has worked
- [Paris McNicol-Outch](https://www.cavendish.com/people/paris-mcnicol-outch/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Paris joined the Cavendish M&A team in February 2020 as a Senior Analyst. She has over eight years experience in private M&A and specialises in deals within the Technology sector, across both Tech Services and Software. Select previous transaction experience includes
- [Tom Stoten](https://www.cavendish.com/people/tom-stoten/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Tom is a Director in the technology M&A team at Cavendish, where he specialises in IT managed services, cyber security, technology services and software. Prior to joining Cavendish in 2022, he spent eight years in Technology M&A experience at Alantra and
- [Archie Denny](https://www.cavendish.com/people/archie-denny/) - CONTACT dynamic text placeholder dynamic text placeholder dynamic text placeholder dynamic text placeholder Archie joined the Cavendish institutional sales team in 2024 following 2 years as an Associate at an Investor Engagement & Corporate Advisory firm. He has an MSc in Management from Imperial College Business School and a BA in History from the University
- [Jamie Dunleavy](https://www.cavendish.com/people/jamie-dunleavy/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Jamie joined Cavendish (then finnCap) in August 2021 as an Equity Market Maker. Previously he worked at AJ Bell for 7 years.
- [Fergus Sullivan](https://www.cavendish.com/people/fergus-sullivan/) - CONTACT dynamic text placeholder dynamic text placeholder dynamic text placeholder dynamic text placeholder Fergus joined Cavendish (then finnCap) in January 2021. Prior to joining, he spent time working at Bridgepoint across the fund finance, corporate and ESG functions. Fergus also spent time in the FP&A team at Bridgepoint, covering both buyout and credit strategies. He
- [Max Hayes](https://www.cavendish.com/people/max-hayes/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Industrial Technology, Business Services, Financial Services dynamic text placeholder dynamic text placeholder Max has over 5 years' experience as a sell-side analyst, primarily covering small and mid-cap growth companies. He focuses on construction, support services and industrial sectors. Prior to joining Cavendish, Max worked at Edison Group.
- [Kimberley Carstens](https://www.cavendish.com/people/kimberley-carstens/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Technology dynamic text placeholder dynamic text placeholder Kimberley joined Cavendish (then finnCap) in January 2021 as a research analyst on the technology team after a number of successful Summer internships with the team from as far back as 2017.Prior to joining, Kimberley graduated with a BA Economics
- [Henry Nicol](https://www.cavendish.com/people/henry-nicol/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Henry joined the Growth Companies team at Cavendish from Numis in 2021 where he worked in the equity sales team with a focus on small/mid cap equity sales to UK institutional investors and working on a number of equity capital market
- [Graham Hall](https://www.cavendish.com/people/graham-hall/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Graham joined Cavendish (then Cenkos Securities) in November 2021 and works in Equity Sales within the natural resources team. He graduated with a BSc in History from the University of Reading before joining the City on the buy-side with Newton Investment
- [Seamus Fricker](https://www.cavendish.com/people/seamus-fricker/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Seamus joined the Cavendish (then finnCap) Corporate Finance team in May 2021 having worked for 3 years in the Public Company Corporate Advisory practice at Grant Thornton advising AIM quoted companies across a broad range of sectors.Seamus has experience working on
- [Adrian Hadden](https://www.cavendish.com/people/adrian-hadden/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Over 25 years of corporate finance experience across ECM and M&A.Formerly a Managing Director at Collins Stewart and Head of Corporate Finance at WH Ireland..
- [Sunila de Silva](https://www.cavendish.com/people/sunila-de-silva/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Sunila joined Cavendish (then finnCap) in 2016 and works across all sectors with a focus on technology, support services and financials.Prior to joining, she obtained a first-class degree in Geography from the University of Exeter.
- [Harriet Ward](https://www.cavendish.com/people/harriet-ward/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Harriet joined Cavendish (then finnCap) in 2021 after spending nearly 2 years working at a leading bridging finance company as part of the Asset Management and Investor Relations team.Since joining she has worked on numerous public market transactions with a focus
- [Andrew Burdis](https://www.cavendish.com/people/andrew-burdis/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Andrew worked for 18 years as a senior fund manager at Gartmore and Avivia, managing the Gartmore UK Equity Income Fund, corporate pension funds and the £5bn Aviva UK Equity Unit Linked Life and Pension Funds.He moved to broking 14 years
- [Matthew Lewis](https://www.cavendish.com/people/matt-lewis/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Financial Services dynamic text placeholder dynamic text placeholder Over 18 years’ corporate advisory experience.Cross-sector expertise offering strategic, capital markets and regulatory advice to support FTSE100 and 250 clients.Previously worked at Merrill Lynch (Bank of America), Investec and Numis.
- [James Marsh](https://www.cavendish.com/people/james-marsh/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Financial Services dynamic text placeholder dynamic text placeholder James joined the M&A Origination team in November 2025. Prior to joining he worked as a Senior Associate at Capricorn Private Investments from almost 4 years covering client services.James graduated from the University of Edinburgh in 2020, he holds
- [Vinayak Rajgarhia](https://www.cavendish.com/people/vinayak-rajgarhia/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Consumer dynamic text placeholder dynamic text placeholder Vinny joined the Cavendish team as an Origination Executive in December 2025. Prior to joining Cavendish, Vinny was part of the research and development team at Houlihan Lokey in London, where he played a key role in consumer-focused origination. Vinny
- [Dan Marchington](https://www.cavendish.com/people/dan-marchington/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Technology dynamic text placeholder dynamic text placeholder Dan leads Cavendish’s corporate finance technology focus in the Midlands. He has 12 years of lead advisory experience including extensive experience advising technology businesses across IT services, telecom services, software and digital media.Dan previously worked in the corporate finance team
- [Harry Lowe](https://www.cavendish.com/people/harry-lowe/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Generalist dynamic text placeholder dynamic text placeholder Harry is an Associate at Cavendish, having joined in June 2025. Prior to joining Cavendish, Harry was a Manager in PwC’s Birmingham M&A team.Recent transactions Harry has advised on include the minority sale of ADANOLA to STORY3 Capital; the disposal
- [Daniel Casserly](https://www.cavendish.com/people/daniel-casserly/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Generalist dynamic text placeholder dynamic text placeholder Dan qualified as a Chartered Accountant at Deloitte LLP, working in the Risk Advisory team. His role involved analysing financial and other information, preparing and reviewing models and report writing.Most recently, Dan was a Senior Associate in Transaction Advisory Services
- [Amy Barrow](https://www.cavendish.com/people/amy-barrow/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Amy joined the Cavendish team as an Analyst in August 2025.Prior to Cavendish, she spent three and half years at Deloitte where she qualified as a Chartered Accountant and worked in the Audit and ESG Assurance team. She graduated from the
- [Michael Johnson](https://www.cavendish.com/people/michael-johnson/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Michael has 10 years’ experience in Corporate Broking and Sales with 5 years of those spent as Head of Sales and Corporate Broking for the Growth Companies Team. He has led a substantial number of the largest secondary placings and IPOs
- [Hannah Smith](https://www.cavendish.com/people/hannah-smith/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder
- [Anne Cassels](https://www.cavendish.com/people/anne-cassels/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Anne has over 16 years’ experience working equity capital markets – firstly at Brewin Dolphin (now N+1 Singer) followed by Cavendish (then Cenkos Securities).She has successfully organised IPO, secondary, preliminary and interim results roadshows for a range of corporate clients and provides
- [Yuen Low](https://www.cavendish.com/people/yuen-low/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Energy, Power & Resources dynamic text placeholder dynamic text placeholder Yuen Low joined Cavendish's Energy, Power & Resources research team in June 2025 as Mining Analyst. He has just shy of two decades’ experience, having worked at PanmureLiberum, Shore Capital Markets (for which, notably, he successfully established
- [Sophie Ripley](https://www.cavendish.com/people/sophie-zacharia/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Origination dynamic text placeholder dynamic text placeholder Sophie has worked extensively in the expert network sector for Third Bridge and latterly The Deal Team. Much of her experience has been helping private equity and corporates achieve their strategic goals by finding them the management teams and experts
- [Giuseppe Leonello](https://www.cavendish.com/people/giuseppe-leonello/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Financial Services dynamic text placeholder dynamic text placeholder Giuseppe joined Cavendish as an Associate Director in 2025. He has over 10 years of experience in corporate finance and financial consulting.He has advised on a number of buy-side, sell-side, and capital-raising transactions, with a focus on Financial Services
- [Jens Ehrenberg](https://www.cavendish.com/people/jens-ehrenberg/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Financial Services dynamic text placeholder dynamic text placeholder Jens joins Cavendish to co-head the financials research team, having recently been ranked the #1 UK financials analyst in the 2025 Extel survey. He was previously a senior research analyst at Investec, where he covered banks and diversified financials.
- [Rahim Karim](https://www.cavendish.com/people/rahim-karim/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Financial Services dynamic text placeholder dynamic text placeholder Rahim joins Cavendish to co-head the financials research team, having been ranked the #2 UK financials analyst in the 2025 Extel survey. Previously he was a senior research analyst at Investec, where he covered traditional asset & wealth managers,
- [Guy Hewett](https://www.cavendish.com/people/guy-hewett/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Business Services, Financial Services dynamic text placeholder dynamic text placeholder Guy started his career as a Civil Engineer before qualifying as a Chartered Accountant and then moving into stockbroking.He has previously covered the Engineering, Aerospace & Defence and Automotive components sectors before focusing on the Support Services
- [Callum Davidson](https://www.cavendish.com/people/callum-davidson/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Callum has over 11 years’ corporate finance experience, focused on advising small and mid-cap growth companies.He has a broad range of transactional experience, advising on numerous IPOs, secondary fund raisings and public M&A transactions for clients across a variety of sectors
- [Henrik Persson](https://www.cavendish.com/people/henrik-persson/) - CONTACT dynamic text placeholder dynamic text placeholder dynamic text placeholder dynamic text placeholder Henrik joined Cavendish (then finnCap) in 2009 after qualifying as a chartered accountant specialising on AIM IPOs. He has extensive experience of all aspects of corporate advisory and broking work, having acted on several IPOs and secondary fundraisings, including PE exits and
- [Marc Milmo](https://www.cavendish.com/people/marc-milmo-2/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Financial Services dynamic text placeholder dynamic text placeholder Marc joined Cavendish (then finnCap) in 2019 and has over 20 years’ experience advising growth companies.Significant transactional experience ranging from IPOs, fund raisings, M&A, Public Takeovers (including Public to Privates).Previously at Cantor Fitzgerald, Charles Stanley, Fox Pitt Kelton and
- [Henry Wells](https://www.cavendish.com/people/henry-wells/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Henry leads the Consumer M&A team at Cavendish. Henry has over 20 years’ corporate finance advisory experience, where he has focused on mid-market companies and investors. He has advised clients on a wide range of corporate finance transactions including private and
- [Tom Holland-Hibbert](https://www.cavendish.com/people/tom-holland-hibbert/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Tom joined Cavendish in February 2021. He graduated from Durham University in 2014 with an honours degree in Civil Engineering and upon completion of his studies Tom spent 3 years working at Paddle.com, a FinTech start-up before joining the Deals Strategy
- [David Fitzgerald](https://www.cavendish.com/people/david-fitzgerald/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Debt Advisory dynamic text placeholder dynamic text placeholder David joined Cavendish in May 2024 bringing with him several years of experience working in the Debt & Capital Advisory team in Deloitte Dublin. During his time there, David executed on mandates including traditional debt raises, leveraged acquisitions and
- [Kallon Brooker](https://www.cavendish.com/people/kallon-brooker/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Kal joined the Consumer M&A team at Cavendish in August 2023. Prior to joining Cavendish, Kal worked in the M&A team at Mazars LLP, working on a range of sell-side, buy-side and debt raising mandates across numerous sectors. Kal graduated from
- [David Healy](https://www.cavendish.com/people/david-healy/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Financial Services dynamic text placeholder dynamic text placeholder David joined Cavendish as an Associate in 2024. David has advised on a number of buy-side, sell-side and capital raising transactions having previously worked for KPMG for over six years, where he qualified as a chartered accountant in 2021.David
- [Sam Pike](https://www.cavendish.com/people/sam-pike/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Business Services dynamic text placeholder dynamic text placeholder Sam joined Cavendish in 2024 from Deloitte where he worked across the M&A and Debt Advisory teams. In the M&A team, he worked on multiple buy-side and sell-side transactions, primarily focused on the healthcare sector. In the Debt Advisory
- [Lloyd Evans](https://www.cavendish.com/people/llyod-evans/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Lloyd joined Cavendish as an Analyst in 2023. He has advised on a number of buy-side, sell-side and capital raising transactions having previously worked for Gambit Corporate Finance for two years. Lloyd has worked across numerous sectors but has typically focused
- [Liam Hanley](https://www.cavendish.com/people/liam-hanley/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Technology dynamic text placeholder dynamic text placeholder Liam joined the Cavendish Technology M&A team in 2024, bringing valuable experience from his time spent in private M&A at KPMG Dublin, where he was involved in a broad range of sell-side and buy-side transactions.Liam graduated with a BSc in
- [Richard Beckett](https://www.cavendish.com/people/richard-beckett/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Technology dynamic text placeholder dynamic text placeholder Richard joined the Technology M&A team at Cavendish in 2024. Prior to this, Richard worked in external audit within the Financial Services sector at BDO, focusing on Capital Market clients.Richard graduated from the University of Cape Town with a Bachelor
- [Mike Dinsdale](https://www.cavendish.com/people/mike-dinsdale/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Technology, Business Services dynamic text placeholder dynamic text placeholder Mike is a Partner at Cavendish, having joined the firm in 2016. He has ten years of cross-border Technology & Services M&A experience, predominantly acting for owner-managed and private equity backed businesses, with a specialist focus in HCM
- [Mark Astaire](https://www.cavendish.com/people/mark-astaire/) - CONTACT dynamic text placeholder dynamic text placeholder dynamic text placeholder dynamic text placeholder Mark was appointed as an Independent Non-Executive Director on 1 January 2024, and brings over 35 years of investment banking experience to the Board having held a number of senior leadership positions including Chairman of Corporate Broking at Barclays and Head of
- [Nigel Birks](https://www.cavendish.com/people/nigel-birks/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Nigel joined Cavendish (then finnCap) in 2021 bringing with him a distinguished 30-year career in life sciences.He led the No. 1 ranked Extel-rated research team at Dresdner Kleinwort, covering EU and US pharma, medtech and biotech companies, all the while executing
- [Andrew Darley](https://www.cavendish.com/people/andrew-darley/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Technology dynamic text placeholder dynamic text placeholder Andrew has been a tech and telco analyst for over 20 years.Prior to Cavendish he was previously with ING Barings Charterhouse and KBC Peel Hunt.On multiple occasions Andrew has been ranked Extel Starmine top 10 UK stock picker across all
- [Rebecca McCredie](https://www.cavendish.com/people/rebecca-mccredie/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Rebecca is a Director within the Consumer team at Cavendish and has 10 years corporate finance advisory experience. Rebecca’s core focus is advising branded consumer and retail businesses. Recent transactions include the sale of Margaret Dabbs to Best World, the sale
- [Ben Lowe](https://www.cavendish.com/people/ben-lowe-2/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Ben joined Cavendish in August 2023. Ben has experience in working on a wide range of transactions on both the buy-side and the sell-side. He has advised corporates, private equity and entrepreneurs on transactions in various sectors, but has a particular
- [Sophie Beadsmoore](https://www.cavendish.com/people/sophie-beadsmoore/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Consumer dynamic text placeholder dynamic text placeholder Prior to joining Cavendish, Sophie worked in the M&A team at Natrium Capital, working on a range of sell-side and buy-side mandates in the chemical sector.Sophie graduated from the University of Nottingham with a master's degree in Chemical Engineering.
- [Dan Dwyer](https://www.cavendish.com/people/dan-dwyer/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Dan joined Cavendish in 2021 from Mazars where he was a member of the Deal Advisory team. Dan has experience in executing sell-side, buy-side and debt raising transactions across a range of sectors with a particular focus on Business Services and
- [Anthony Platt](https://www.cavendish.com/people/anthony-platt-2/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Anthony has 17 years’ M&A experience and has worked on transactions with an aggregate value in excess of $5bn. Prior to joining Cavendish, he spent seven years at Grant Thornton focused on UK mid-market technology transactions. Anthony trained in corporate finance
- [Jeremy Osler](https://www.cavendish.com/people/jeremy-osler/) - CONTACT dynamic text placeholder dynamic text placeholder dynamic text placeholder dynamic text placeholder Jeremy is Head of Corporate Finance and also acts as General Counsel, having joined Cavendish (then Cenkos Securities) in April 2016.Jeremy has over 20 years of corporate finance experience across multiple sectors covering both equity capital markets and M&A transactions for AIM
- [Stephen Nemeth](https://www.cavendish.com/people/stephen-nemeth/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Steve joined Cavendish in February 2020. Prior to joining, he spent six years at Clearwater International focussing on the Consumer & Retail, and Food & Beverage sectors. There he completed a wide range of corporate finance transactions, from cross-border PLC divestments
- [Mark Stoddart](https://www.cavendish.com/people/mark-stoddart/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Mark joined Cavendish as a Director in 2021. He has more than 13 years' mid-market M&A experience with more than 10 years focused on the leisure and consumer sectors. Mark has broad M&A experience having advised both private and public clients
- [Krishan Raval](https://www.cavendish.com/people/krishan-raval/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Debt Advisory dynamic text placeholder dynamic text placeholder Krishan joined the Debt Advisory team in June 2019 to support Alistair in the expansion of the Debt Advisory team. Krishan began his career at EY where he spent almost three years in its Capital and Debt Advisory team,
- [Soben Durai](https://www.cavendish.com/people/soben-durai/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Technology dynamic text placeholder dynamic text placeholder Soben joined Cavendish in September 2020. Prior to joining, he spent time in the M&A teams at both AGC Partners and GP Bullhound, working across a range of technology sub-sectors including IoT, machine learning/AI and SaaS. Soben also spent time
- [Robbie Wirdnam](https://www.cavendish.com/people/robbie-wirdnam/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Technology dynamic text placeholder dynamic text placeholder Robbie joined Cavendish as Senior Associate in 2022. With over 7 years of corporate finance experience, he has worked on a broad range of domestic and international M&A transactions, particularly across the technology, consumer and business services sectors. Prior to
- [Lord Leigh of Hurley](https://www.cavendish.com/people/lord-leigh-of-hurley/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Generalist dynamic text placeholder dynamic text placeholder Lord Leigh co-founded Cavendish Corporate Finance in 1988 following several years working as a Chartered Accountant specialising in taxation and M&A. Howard served as Chairman of the Faculty of Corporate Finance of the ICAEW, earning him the Faculty’s Outstanding Achievement
- [Elliott Jeans](https://www.cavendish.com/people/elliott-jeans-2/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Business Services dynamic text placeholder dynamic text placeholder Since joining Cavendish in 2021, Elliott has worked on a number of sell side and buy side transactions within the business services and healthcare sectors, including the sale of Gemserv to Talan, the sale of Therapy Equipment to ESAB,
- [Ellen Hudson](https://www.cavendish.com/people/ellen-hudson-2/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Business Services dynamic text placeholder dynamic text placeholder El joined Cavendish as a Senior Analyst in 2021. Prior to joining, she spent over three years in the London M&A team at Mazars, focusing on executing buy-side and sell-side transactions for businesses across a range of sectors operating
- [Josh Gould](https://www.cavendish.com/people/joshua-gould/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Origination dynamic text placeholder dynamic text placeholder Josh joined the Corporate Origination team at Cavendish (then finnCap) in September 2021. His focus is on researching, targeting, and building relationships with privately-owned companies throughout the UK. Prior to joining, Josh spent five years at growth capital investor BGF
- [Michael Jewell](https://www.cavendish.com/people/michael-jewell/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Michael joined Cavendish in January 2006 and has advised on many successful sale mandates across a range of sectors with a particular focus on business services and healthcare. Michael’s transaction experience includes arranging sales to some of the largest global corporates
- [Andrew Jeffs](https://www.cavendish.com/people/andrew-jeffs/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Business Services dynamic text placeholder dynamic text placeholder Since joining Cavendish in 2002, Andrew has worked on a large number of transactions focussing on the business services sector including the sales of CRM Students to CORESTATE, Flexioffices to NVM and JBW Group to Outsourcing. Andrew graduated from
- [Alistair Hay](https://www.cavendish.com/people/alistair-hay/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Debt Advisory dynamic text placeholder dynamic text placeholder Alistair heads the Debt Advisory team having joined Cavendish in August 2016 from EY’s Capital and Debt Advisory business. In his time at Cavendish, Alistair has led over 20 debt advisory engagements for a range of private, publicly-listed and
- [Peter Gray](https://www.cavendish.com/people/peter-gray/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Generalist dynamic text placeholder dynamic text placeholder Peter is one of the firm’s longest standing partners. He has a wealth of experience in company sales, having advised on the sale of over 90 companies primarily in the Business and Financial Services sectors. After completing an MBA in
- [Ben Goldring](https://www.cavendish.com/people/ben-goldring/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Financial Services dynamic text placeholder dynamic text placeholder Ben has c.15 years’ experience in corporate finance advising clients on mergers and acquisitions, disposals and fundraising. Since joining Cavendish in 2015, Ben has led and worked on some 25 deals across several sectors with a focus on wealth,
- [Roisin Horan](https://www.cavendish.com/people/roisin-horan/) - CONTACT dynamic text placeholder dynamic text placeholder dynamic text placeholder dynamic text placeholder Róisín joined Cavendish as an Associate in 2024. Prior to joining, she spent over four years in the Deals team at PwC Ireland focusing on executing buy-side and sell-side transactions for businesses across a range of sectors operating in the mid market.
- [Chiara Pettinicchio](https://www.cavendish.com/people/chiara-pettinicchio/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Chiara joined Cavendish's Manchester office in 2025. She brings over 20 years of experience in the North West market, in supporting entrepreneurs, private equity and corporate clients to execute M&A transactions and raise capital. Chiara most recently provided strategic advisory on
- [Oliver Tebbutt](https://www.cavendish.com/people/oliver-tebbutt/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Generalist dynamic text placeholder dynamic text placeholder Olly is a highly regarded and creatively curious corporate finance adviser, with over 23 years M&A experience, focused on providing the right deal solution to a client’s objectives. Olly leads Cavendish’s M&A business in the North of the UK, based
- [Darren Boocock](https://www.cavendish.com/people/darren-boocock/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Generalist dynamic text placeholder dynamic text placeholder Darren leads Cavendish’s M&A business in the Midlands and East of England. He has over 25 years M&A experience across a wide variety of transactions, including disposals, acquisitions, mergers and fundraisings. His clients have included private companies and their shareholders,
- [Chris West](https://www.cavendish.com/people/chris-west/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder
- [Finlay Gordon](https://www.cavendish.com/people/finlay-gordon/) - CONTACT dynamic text placeholder dynamic text placeholder dynamic text placeholder dynamic text placeholder
- [Hamish Kennett](https://www.cavendish.com/people/hamish-kennett/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Hamish joined Cavendish in 2025 when he moved t London from New Zealand. He has executed a number of sell-side, buy-side and capital raising transactions, having previously worked for Forsyth Barr and PwC New Zealand in their respective Investment Banking and
- [James Midgley](https://www.cavendish.com/people/james-midgley/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Energy, Power & Resources dynamic text placeholder dynamic text placeholder James Midgley is an Equity Research Analyst, specialising in the Energy Sector. James has over 15 years' experience in research, focussing predominantly on small to mid-cap exploration and production companies. Prior to joining Cavendish, James was a
- [Lauren Hayes](https://www.cavendish.com/people/lauren-hayes/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Media and Marketing dynamic text placeholder dynamic text placeholder Lauren is a Director in the Technology M&A team at Cavendish, where she specialises in advising businesses across the Media, Marketing, Data, and Insights sectors. Before joining Cavendish, Lauren spent seven years at SI Global, a boutique M&A
- [Lisa Gordon](https://www.cavendish.com/people/lisa-gordon/) - CONTACT dynamic text placeholder dynamic text placeholder dynamic text placeholder dynamic text placeholder Lisa has 30 years of board experience, in both Executive and Non-Executive roles at both listed and private companies. Alongside her role as Non-Executive Chair of Cavendish plc, she is also a Non-Executive Director of JP Morgan Small Cap Growth & Income
- [Finn Gordon](https://www.cavendish.com/people/finn-gordon/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder
- [Adam McCarter](https://www.cavendish.com/people/adam-mccarter/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Life Sciences dynamic text placeholder dynamic text placeholder Adam joined the Life Sciences team in August 2023 having previously worked within the Healthcare research team at Edison Group. Prior to his move into public equities, Adam worked in industry across various roles including as a medicinal chemist
- [Ben Jeynes](https://www.cavendish.com/people/ben-jeynes/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Industrials dynamic text placeholder dynamic text placeholder Ben has more than 18 years’ of corporate finance and ECM investment banking experience, with a particular focus in acting for AIM quoted and Main Market listed clients and across IPOs, secondary fundraisings and public market M&A advisory – including
- [Daniel Smith](https://www.cavendish.com/people/daniel-smith/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Daniel is the Head of Sales Trading with over 25 years’ market experience. He joined Cavendish (then finnCap) in July 2009, prior to this Daniel worked at Numis, Oriel and Barings. Having had experience on both the buy and sell side
- [Stuart Allen](https://www.cavendish.com/people/stuart-allen/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder
- [James Foster](https://www.cavendish.com/people/james-foster/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder James has over 20 years market experience. He started his career at Peel Hunt before moving on to set up the Market Making desk at Canaccord. He also spent time at Kaupthing & Singer Capital Markets before joining Cenkos in 2011.
- [Daniel Hall](https://www.cavendish.com/people/daniel-hall/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Daniel began his career in the City in 2014 after graduating from Sheffield, where he studied Philosophy and Economics. His first role was as a market maker at Peel Hunt, where he spent 4 years before transitioning to Sales Trading. From
- [David Fairbairn](https://www.cavendish.com/people/david-fairbairn/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder David began his career in 2001 after graduating from the London School of Economics. He joined Merrill Lynch where he worked for over 10 years as a Pan European Equity Sales Trader developing a close relationship with the global hedge fund
- [Charlie Woolmer](https://www.cavendish.com/people/charlie-woolmer/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder
- [Andy Baker](https://www.cavendish.com/people/andy-baker/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Andy is one of the longest serving Cavendish (then Cenkos) employees joining in January 2006, where he has been a market maker in both Investment trusts and UK equities. He has over 25 years trading experience in the city providing liquidity
- [Charlie Evans](https://www.cavendish.com/people/charlie-evans/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Charlie is a Sales Trader at Cavendish. He started his career as a Junior on the Trading Desk at Cavendish (previously finnCap) in June 2021.
- [Pauline Tribe](https://www.cavendish.com/people/pauline-tribe/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Pauline has over 10 years’ experience working within the investment companies and funds sector at such firms as Stockdale Securities and Arbuthnot Securities. Research Equities Analyst & Researcher (Support Services Sector); Extel rated teams (ABN AMRO, HSBC).
- [Justin Zawoda-Martin](https://www.cavendish.com/people/justin-zawoda-martin/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Justin has over 20 years’ experience in investment companies and private banking. He focuses on broking, origination and sales and has long-term relationships with a wide variety of investors, notably wealth managers. Justin joined Cavendish (then Cenkos Securities) in July 2019
- [Daniel Balabanoff](https://www.cavendish.com/people/daniel-balabanoff/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Daniel has been a salesperson of investment companies for over a decade and has been involved in the market sector for over 20 years, through multiple cycles. He has sold 14 investment company IPOs and dozens of follow-on issuance transactions, raising
- [Tunga Chigovanyika](https://www.cavendish.com/people/tunga-chigovanyika/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Tunga joined the Investment Companies team at Cavendish (then Cenkos Securities) in 2020 and has over 15 years in the sector advising investment companies as a corporate financier. Tunga has advised numerous investment companies on both equity capital markets and M&A
- [Andrew Worne](https://www.cavendish.com/people/andrew-worne/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Andrew joined the Investment Companies Team in July 2016. Andrew has over 30 years’ experience in the city of which over 20 years has been within the investment company sector. He previously spent 3 years as Head of Investment Companies’ Sales
- [Lacey Beckett](https://www.cavendish.com/people/lacey-beckett/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Lacey joined the Investment Companies team in June 2018 having worked at Cavendish (then Cenkos Securities) since 2014. Lacey provides support on sales and secondary marketing trading for our retained broking clients. In addition, from an investor relations point of view,
- [Robert Peel](https://www.cavendish.com/people/robert-peel/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Robert joined the Investment Companies team in December 2024. He has worked in the investment trust sector since 1998, moving into corporate finance roles in 2008. He previously worked at Singer Capital Markets, Cantor Fitzgerald, Fidante Partners, Winterflood Securities and JPMorgan
- [Oscar Valeur-Adu](https://www.cavendish.com/people/oscar-valeur-adu/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Oscar joined the Investment Companies team in February 2023. He has a BSc in International Business and since joining completed the CISI capital markets programme. Oscar provides corporate broking support and is responsible for the coordination and dissemination of digital marketing
- [Louise Talbot](https://www.cavendish.com/people/louise-talbot/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Louise is an experienced UK Equity Saleswoman having previously worked at ABN Amro, Schroders, Citi and Canaccord. Building strong relationships with institutional clients in London and Scotland, regularly showcasing Cavendish corporate clients in Edinburgh. Louise joined the Cavendish (then finnCap) Sales
- [Iain Macarthur](https://www.cavendish.com/people/iain-macarthur/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Iain has over 24 years expertise working in the UK equity market, initially as an analyst and then broker. During this time, he has covered a number of sectors including oil services, industrials and support services. As corporate broker he has
- [Jasper Berry](https://www.cavendish.com/people/jasper-berry/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Over 30 years of experience. Most recently, Jasper was Head of Corporate Broking at WH Ireland. Formerly a Director at Collins Stewart, NatWest, and Société Générale.
- [Holly Ritson](https://www.cavendish.com/people/holly-ritson/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder
- [Sandra Collins](https://www.cavendish.com/people/sandra-collins/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Sandra joined Cavendish (then Cenkos Securities) 10 years ago, previously working for Canaccord Genuity. Sandra is responsible for editing and disseminating our investment research and managing our client relationship management system.
- [Peter Renton](https://www.cavendish.com/people/peter-renton/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Consumer, Business Services dynamic text placeholder dynamic text placeholder Peter joined Cavendish five years ago and has 16 years’ experience analysing and advising businesses, having worked on both the buy-side and sell-side. Prior to joining, Peter worked at J.P. Morgan Investment Bank, was a fund manager at
- [Ed Stacey](https://www.cavendish.com/people/ed-stacey/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Industrial Technology dynamic text placeholder dynamic text placeholder Andrew has been a tech and telco analyst for over 20 years.Prior to Cavendish he was previously with ING Barings Charterhouse and KBC Peel Hunt.On multiple occasions Andrew has been ranked Extel Starmine top 10 UK stock picker across
- [Michael Hill](https://www.cavendish.com/people/michael-hill/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Technology dynamic text placeholder dynamic text placeholder Michael joined Cavendish’s (then finnCap) leading AIM Tech research team in May 2019.He previously spent 6 years in equity research at UBS, where he was originally part of the top-ranked UBS European Telecoms research team, before moving to cover small-mid
- [David Buxton](https://www.cavendish.com/people/david-buxton-2/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Industrial Technology dynamic text placeholder dynamic text placeholder David is a founding member of finnCap, now known as Cavendish, and is Head of Industrials.He has over 25 years’ experience as a sell-side analyst, mainly in small and mid-cap growth industrial companies.David was previously at UBS Warburg, Credit
- [Ian McInally](https://www.cavendish.com/people/ian-mcinally/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Industrial Technology, Technology dynamic text placeholder dynamic text placeholder Ian began his career with 2 years in UK large company equity research (utilities sector) with Greig Middleton & Co in 1997.Following this, Ian spent over 9 years with Brewin Dolphin Securities and then Arbuthnot Securities working in
- [Chris Donnellan](https://www.cavendish.com/people/chris-donnellan/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Life Sciences dynamic text placeholder dynamic text placeholder Chris has worked as an equity research analyst focused on the healthcare sector for over 20 years, covering pharmaceuticals, medical technology and services within the industry.Over his career, Chris has worked for both Buy and Sell side businesses, including
- [Mike Mitchell](https://www.cavendish.com/people/mike-mitchell/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Life Sciences dynamic text placeholder dynamic text placeholder
- [Mary Osborne](https://www.cavendish.com/people/mary-osborne/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder
- [James McCormack](https://www.cavendish.com/people/james-mccormack/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Energy, Power & Resources dynamic text placeholder dynamic text placeholder James started his career at Deloitte, where he spent 7 years as a Manager within the Petroleum Services Group, initially focusing on the upstream industry within the Middle East, before moving into similar roles in Latin America
- [Milo Bussell](https://www.cavendish.com/people/milo-bussell/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Consumer dynamic text placeholder dynamic text placeholder Milo joined the Consumer team at Cavendish in November 2024. Prior to joining, he worked at Edison Group for almost 4 years covering small and mid-cap companies across the consumer, media and technology sectors.Milo graduated with a First-Class MA Hons
- [Andrew Renton](https://www.cavendish.com/people/andrew-renton/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Technology, Consumer dynamic text placeholder dynamic text placeholder Andrew is a Research Director covering the Tech and Media sector, having joined Cavendish over 2 years ago.Before this, he spent 7 years at J.P. Morgan, where he first started in the European Equity Research team before moving on
- [Derrick Lee](https://www.cavendish.com/people/derrick-lee/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Derrick graduated with a BSc in Actuarial Mathematics and Statistics in 1994 before joining Bank of Scotland.He then spent eight years as a professional rugby player during which time he completed his MBA.Following his retirement from rugby in 2005, he joined
- [Roger Lee](https://www.cavendish.com/people/roger-lee/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Equity Strategy dynamic text placeholder dynamic text placeholder Roger is currently Head of Equity Strategy and has been in the equity market for almost 30 years having started his broking career with Cazenove & Co and subsequently HSBC James Capel, JP Morgan and Deutsche Bank. He has
- [Ondraya Swanson](https://www.cavendish.com/people/ondraya-swanson/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Ondraya is an associate as part of the Equity Capital Markets team. She has worked with companies from a number of different industries and now focuses on the technology, consumer and healthcare sector.Prior to joining Cavendish, Ondraya worked at EY in
- [Pearl Kellie](https://www.cavendish.com/people/pearl-kellie/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Pearl graduated with a Bcomm in Marketing & Management from Murdoch University in Western Australian.She began her career within the finance industry as a receptionist at Cicero Securities plc in Western Australia prior to transitioning to the role of junior company
- [Isaac Hooper](https://www.cavendish.com/people/isaac-hooper/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Anthony has a City career spanning 4 decades, the majority of which has been spent working within the Corporate Finance/ Broking teams of a number of banks including Deutsche Bank, Panmure Gordon and most recently Liberum Capital. He started his career
- [Trisyia Jamaludin](https://www.cavendish.com/people/trisyia-jamaludin/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Trisyia joined Cavendish (then finnCap) in June 2023 as a Corporate Finance Analyst.Trisyia graduated with first-class honours in Accounting and Finance from the London School of Economics and Political Science.
- [Elysia Bough](https://www.cavendish.com/people/elysia-bough/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Elysia is an Associate in the Corporate Finance team at Cavendish. Elysia brings four years of experience from her previous role at Deloitte, where she worked within the Private Capital audit department before transitioning into Transactions Assurance. She holds a first
- [Neil McDonald](https://www.cavendish.com/people/neil-mcdonald/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Energy, Power & Resources dynamic text placeholder dynamic text placeholder Neil joined Cavendish (then Cenkos Securities) in 2011 and has over 16 years’ experience advising boards and senior management teams of listed clients on fundraisings and IPOs on both AIM and the Main Market.Neil is involved in
- [Pete Lynch](https://www.cavendish.com/people/pete-lynch/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Energy, Power & Resources dynamic text placeholder dynamic text placeholder Pete graduated with a LLB (Hons) from the University of Aberdeen prior to qualifying as a Chartered Accountant with RSM in Edinburgh.Having gained experience in the RSM Corporate Finance team, working on private company M&A and due
- [Julian Blunt](https://www.cavendish.com/people/julian-blunt/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Business Services dynamic text placeholder dynamic text placeholder Julian has been in corporate broking for 25 years and joined Cavendish (then finnCap) in July 2013 after 17 years with Peel Hunt.He has advised on a wide range of IPOs, secondary fundraisings and M&A transactions in the small
- [Edward Whiley](https://www.cavendish.com/people/edward-whiley/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Edward Joined Cavendish (then finnCap) in 2018 having started his career working on buy-side private equity transactions.He has been involved with numerous public and private market transactions across a wide range of industries.Edward graduated with a MSc in Banking & Finance
- [Zuleika Salter](https://www.cavendish.com/people/zuleika-salter/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Zuleika heads the Private Growth Capital division having joined finnCap in 2021. Her experience enables finnCap Cavendish to provide financing options to growth companies from smaller series A fundraisings between £2-20m through to larger series B and series C fundraisings between
- [Stephen Keys](https://www.cavendish.com/people/stephen-keys/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Stephen has over 25 year’s experience advising growth companies, across multiple sectors and jurisdictions. He joined Cavendish (previously Cenkos Securities plc) in 2006 and was a founding member of the Growth Companies Team in 2012, heading up Corporate Finance.Previously, Stephen was
- [Matt Goode](https://www.cavendish.com/people/matt-goode/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Consumer dynamic text placeholder dynamic text placeholder Matt is a Director in the Corporate Finance team at Cavendish and heads the ECM Consumer Sector team.He has over 19 years’ advisory experience advising small and mid-cap companies on the full range of transactions, including IPO’s, rights issues, placing's,
- [Jonny Franklin-Adams](https://www.cavendish.com/people/jonny-franklin-adams/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Technology dynamic text placeholder dynamic text placeholder Jonny has almost 20 years of small and mid-cap broking experience specialising in technology and financials.He has a broad range of experience of managing transactions including IPOs, fundraises and PLC takeovers.Subsectors he has a particular specialism in include software, telcos,
- [Giles Balleny](https://www.cavendish.com/people/giles-balleny/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Giles has 14 years’ experience providing corporate finance advice to growth companies particularly in Healthcare and Technology. He has significant experience advising AIM growth companies as Nominated Adviser and regularly works on transactions including IPOs, fundraises and PLC takeovers. He started
- [George Lawson](https://www.cavendish.com/people/george-lawson/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder George is an ICAS Chartered Accountant having trained in the Banking & Capital Markets audit department at EY.George joined the Cavendish (then Cenkos) Corporate Finance department in April 2021.Since joining, George has worked on multiple IPO and secondary market transactions as
- [Geoff Nash](https://www.cavendish.com/people/geoff-nash/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Life Sciences dynamic text placeholder dynamic text placeholder Geoff is a founding shareholder of finnCap, now known as Cavendish. He qualified with KPMG and has previously worked in private equity and spent seven years at Evolution Securities (formerly Beeson Gregory). Geoff has over 20 years’ experience in
- [Edward Frisby](https://www.cavendish.com/people/edward-frisby/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Ed is a founding member of finnCap, now known as Cavendish, having previously been part of the team at JM Finn.He has extensive experience of growth company work including IPOs, fundraising and M&A, including the Takeover Code.Ed is FCA qualified, was
- [David Buxton](https://www.cavendish.com/people/david-buxton/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE Industrial Technology dynamic text placeholder dynamic text placeholder David is a founding member of finnCap, now known as Cavendish, and is Head of Industrials.He has over 25 years’ experience as a sell-side analyst, mainly in small and mid-cap growth industrial companies.David was previously at UBS Warburg, Credit
- [Dale Bellis](https://www.cavendish.com/people/dale-bellis/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Fund Manager with Maven Capital Partners for 10+ years where he invested in small-cap companies across a variety of sectors.Would take a Board/Observer seat on the Board on the private side to advise companies on direction and strategy.
- [Julian Morse](https://www.cavendish.com/people/julian-morse/) - CONTACT dynamic text placeholder dynamic text placeholder dynamic text placeholder dynamic text placeholder Julian was appointed to the Board as Joint Chief Executive Officer on 7 September 2023, having served as an Executive Director of Cenkos since May 2020 and, as Chief Executive Officer from May 2021. Prior to becoming Chief Executive Officer, Julian was
- [John Farrugia](https://www.cavendish.com/people/john-farrugia/) - CONTACT dynamic text placeholder dynamic text placeholder dynamic text placeholder dynamic text placeholder John has 19 years of corporate finance experience and an outstanding deal completion track record within the technology and tech enabled business services sectors. He has been involved in advising clients across a variety of segments including internet and media, application software,
- [Brittany Stevens](https://www.cavendish.com/people/brittany-stevens/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder
- [Emily Watts](https://www.cavendish.com/people/emily-watts/) - CONTACT dynamic text placeholder dynamic text placeholder dynamic text placeholder dynamic text placeholder Emily joined Cavendish (then finnCap) in June 2015, having spent over four years at N+1 Singer.She has been involved in numerous ECM transactions across the Official List & AIM, including IPOs, secondary fundraisings, private fundraisings and M&A, across a number of sectors.
- [Jeremy Miller](https://www.cavendish.com/people/jeremy-miller/) - CONTACT dynamic text placeholder dynamic text placeholder dynamic text placeholder dynamic text placeholder Jeremy Miller was appointed a Non-executive Director of the Company in September 2023, having served as a non-executive director and Chair of the Audit and Risk Committee of Cenkos since July 2019. Jeremy has over 30 years’ investment banking experience working for
- [Ben Procter](https://www.cavendish.com/people/ben-procter/) - CONTACT dynamic text placeholder dynamic text placeholder EXPERTISE dynamic text placeholder dynamic text placeholder Ben is an experienced finance professional, having led teams in Finance, Risk, Technology & Operations, during his 25-year career at UBS. He has a track record of innovation and cross-functional transformation, focussed on data and analytics. He spearheaded UBS’s Service Management

## Categories

- [Blog](https://www.cavendish.com/category/blog/)
- [Media](https://www.cavendish.com/category/media/)
- [News](https://www.cavendish.com/category/news/)
- [Press](https://www.cavendish.com/category/press/)
- [Events - Non-Exec Directors](https://www.cavendish.com/category/events-non-exec-directors/)
- [Events - Scotland](https://www.cavendish.com/category/events-scotland/)
- [Events](https://www.cavendish.com/category/events/)
- [Current Roles](https://www.cavendish.com/category/current-roles/)
- [Women of Influence](https://www.cavendish.com/category/women-of-influence/)
- [Consumer](https://www.cavendish.com/category/consumer/)

## Sector Hubs

- [Technology](https://www.cavendish.com/hub/technology/)

## Hub Category

- [Tech Chat](https://www.cavendish.com/hub-category/tech-chat/)
- [Consumer Snippets](https://www.cavendish.com/hub-category/consumer-snippets/)
- [Healthy Updates](https://www.cavendish.com/hub-category/healthy-updates/)

## Service Categories

- [Debt](https://www.cavendish.com/people_service/debt/)
- [Equities](https://www.cavendish.com/people_service/equities/)
- [Corporate Broking](https://www.cavendish.com/people_service/corporate-broking/)
- [Corporate Finance](https://www.cavendish.com/people_service/corporate-finance/)
- [Public M&A](https://www.cavendish.com/people_service/public-ma/)
- [Research](https://www.cavendish.com/people_service/research/)
- [Sales](https://www.cavendish.com/people_service/sales/)
- [Trading](https://www.cavendish.com/people_service/trading/)
- [Investment Companies](https://www.cavendish.com/people_service/investment-companies/)
- [Private Capital](https://www.cavendish.com/people_service/private-capital/)
- [Private M&A](https://www.cavendish.com/people_service/private-ma/)