Adgero Limited
Adgero UK Limited is a cleantech business that uses ultra-capacitors and innovative switched reluctance motors to recover kinetic energy from commercial vehicles. Adgero’s immediate deployments are as a retro-fit solution for rigid trucks and trailers operating in urban settings. Its broader targets include large road-trains in the mining industry, a range of other commercial vehicles, and cranes. The Shackleton team invested in Adgero in 2019.
Airlinq
www.airlinq.com (Formerly Globetouch) The largest global virtualized connectivity fabric for M2M and IoT devices.
Any location. Any network. any Device. Clients include 3, GM, HP, NTT docomo, TATA and Verizon. Shackleton supported Airlinq’s $40m Series C in 2017.
Bluebox Aviation Systems Limited
Bluebox Aviation Systems Limited has been providing high quality software and services, including in-flight entertainment products, to the aviation sector since its creation in 2004. It serves over 40 airlines and aircraft operators across the globe.
CIO Connect
CIO connect serves many FTSE 350 CIOs and their public sector equivalents. It facilitates face-to-face and online networking, offers acclaimed development and consulting services and also provides support to IT vendors.
DataPA Open Analytics
DataPA is the company behind DataPA OpenAnalytics, the live intelligence solution leading the charge in providing agile business intelligence. The goal is to engineer solutions for business users to rapidly create accurate and relevant intelligence about their organisation, and publish it instantly to any stakeholder in real time.
Dexam International
Dexam sources and supplies a wide range of top quality, innovative kitchenware and cookware to the UK market. From simple, everyday tools and gadgets like potato peelers and wooden spoons, to hi-tech kitchen knives and cutting-edge cookware concepts, sourced from around 100 factories in 25 countries with the continual aim of finding unique and advanced products with the correct mix of quality and price.
Exterity
Exterity is the market leading enterprise video over IP specialist with products and systems deployed globally by some of the most recognised brands in the world. Exterity solutions enable organisations to distribute broadcast quality digital TV and video over IP networks to an unlimited number of end points.
Finleap
FinLeap is a leading Fintech company builder, based in Berlin. Its portfolio of award-winning growth businesses includes smart insurer, Clark; digital risk carrier, Element; and solaris Bank.
Renowned for its fast execution, innovative and market-changing Fintech companies, FinLeap has already welcomed colleagues from 35 different nations to its team.
Finleap Connect
FinLeap Connect offers a comprehensive range of fintech solutions across Europe. These include off-the-shelf Software-as-a-Service (SaaS) and Platform-as-a-Service (PaaS) innovations such as RegShield, Switch Kit, and Open Banking APIs and bespoke end-to-end financial products. A regulated payment institution, in its own right, it also provides seamless integration to other platforms: solarisBank, ELEMENT and Elinvar.
Hibergene
Hibergene Diagnostics is a Dublin-based company that develops, manufactures and markets molecular diagnostic tests for human infectious diseases, using the LAMP (Loop Mediated Isothermal Amplification) technology. It offers near-patient molecular diagnostics, real-time accurate results, easy of use, and is portable. It currently tests for 12 of the most common infectious diseases.
iosBio
iosBio is a new generation biotech company that is developing a technology to enable the oral administration of “plug and play” viral-vectored biopharmaceuticals and vaccines. Its current targets include influenza, Zika, Shingles, and COVID-19.
IRT Surveys
IRT Surveys is a market leading infrared thermal imaging services company and provides professional, impartial advice to building professionals, energy consultants and engineers. IRT specialises in rapid analysis and quantification of infrared images to help identify energy inefficiencies and property defects, enabling clients to plan for the future.
Mentor Group
Mentor Group is a data-led sales transformation company, dedicated to driving exponential sales growth, productivity and performance with digital-first enablement. The company serves clients in 68 countries and 30 languages. Mentor was Shackleton’s first investment from Return Fund #5.
Nandi Proteins
Nandi Proteins is a market leader in developing technology and scientific expertise to improve the functional properties of proteins in food manufacturing and nutrition. Their know-how reduces costs in food production and improves food taste, texture and longevity, whilst helping to minimise the use of additives.
OmPrompt
OmPrompt has developed a highly secure and award-winning business-to-business connectivity platform enabling all members of supply chain communities to exchange business transactions in whatever format suits their individual needs. Its customers simply send what they have, in the way they want and receive what they need, in the way they need it.
ONZO
ONZO is a data analytics company dedicated to maximising the value from sensor data. Onzo works with utilities, home automation companies and industrial sectors where sensors are widely deployed, extracting predictive, actionable and valuable insight about customers from complex data at scale.
Panintelligence
Panintelligence is a rapidly scaling data visualisation, reporting and analytics software developer. Its ‘Pi’ suite of software enables businesses to use data in almost any format to trigger bespoke reports, and to visualise trends in real-time, helping businesses to lower costs and inform strategic decisions. Shackleton facilitated the formation of Panintelligence as a spin-out from Pancredit in 2013.
R Platnauer
Platnauer is a jewellery business based in Birmingham that specialises in high quality gold, silver, platinum and palladium rings.
Regent Pacific
www.regentpac.com A Hong Kong-based investment company that specialises in growth- and value-led investments in healthcare and late stage life sciences
Scottish Event Campus
The Scottish Event Campus promotes and manages the Scottish Event & Campus to stage exhibitions, conferences, concerts and special events. In April 2020 the SEC became host to NHS Louisa Jordan a 1,000 bed COVID hospital.
Stuarts Properties
Stuarts Properties is a property business with a portfolio of commercial units in Manchester and the Midlands.
TG Matrix
TGMatrix is leading the digital transformation of European transport through objectively matching supply and demand in close to real time. Using leading edge but proven technology, TGMatrix is bringing the Intermodal transport industry firmly into the internet age
Tissuemed
Tissuemed is a medical device company focusing on the development of surgical sealants, culminating in Tissuepatch3 a unique surgical film with properties designed specifically to address the demands of surgeons needing to seal leakages of air, blood and other fluids.
Alumni Portfolio
Shackleton is proud of having achieved over 20 profitable exits. Its alumni include:
CreditCall
CreditCall
CreditCall specialises in the processing of credit and debit card payments – handling over $5 billion of transactions in 2017. Its three business lines are unattended machines, internet merchants, and software. CreditCall works with all the major banks and credit cards to offer a fully integrated service.
Shackleton sold its interest in CreditCall to leading payments enablement provider NMI in March 2018.
Cummings & Morrish
Cummings & Morrish
Shackleton originally acquired a 40% interest in Cummings and Morrish (Investments) Limited at a time when the company owned a number of commercial properties in Dorset. These have now all been sold at good prices and the bulk of the proceeds distributed to shareholders.
Shackleton sold its interest in Cummings & Morrish in March 2019.
David Robinson Group
David Robinson Group
David Robinson Group, operating under the brand Hall Fire Protection Ltd, designs and installs fire protection sprinkler systems.
Shackleton sold its interest in David Robinson Group in 2008.
DEM Solutions
Dem Solutions
DEM Solutions is the market leader in Discrete Element Method (DEM) simulation software and services for the design and optimization of equipment that handles or processes bulk materials in the mining, energy, equipment manufacturing, and process industries.
Shackleton sold its interest in DEM to Altair (Nasdaq: ALTR) in 2019.
Fiberweb
Fiberweb
Fiberweb is one of the largest groups by revenue in the specialist nonwoven industry. Its primary business is the development, manufacture and marketing of a diverse range of nonwoven products for the industrial and hygiene markets, including everyday products such as baby diapers, feminine care products, filters and construction products.
Shackleton sold its interest in Fiberweb in March 2013.
Lewmar Marine
Lewmar Marine
Lewmar Marine is a market leader in rigging and deck equipment for yachts and powerboats.
Lewmar was sold to LCI (NYSE: LCII) subsidiary, Lippert Components, Inc. in August 2019 and was Shackleton’s twentieth profitable exit.
Logicalware
Logicalware
Edinburgh-based Logicalware is an integrated customer service solution that simplifies communication management for a range of customer-facing organisations.
Shackleton sold its interest in Logicalware in October 2017.
Macalla
Macalla
Macalla Software – headquartered in Ireland, Macalla is an award winning supplier of mobile, financial and payment software. It provides remittance, payment, banking, wallet, top-up and other services via mobile phone and other electronic channels across Europe, the Middle East, Africa and the Caribbean.
Macalla was sold to Roamware in August 2009.
Murley
Murley
Murley has two active trading subsidiaries: Murley Auto which operates franchised motor dealerships for Citroen, Hyundai and Nissan, and a Toyota after sales centre: Murley Agricultural Supplies which operates the New Holland, Manitou, Vaderstad and other allied agricultural equipment franchises together with a construction equipment division representing Doosan and a garden machinery business.
Shackleton’s interest in Murley was sold in September 2010.
Nanosight
Nanosight
Nanosight develops, manufactures and supplies a unique family of instruments for the visualisation and sizing of nanoparticles. Based on laser light scattering microscopy, its Nanoparticle Tracking Analysis (NTA) technology is an exciting new capability that offers significant advantages over existing light scattering techniques for the characterisation of polydispersed populations of nano-scale particles.
Shackleton sold its interest in Nanosight in September 2013 to Malvern Instruments.
Open Systems Management
Open Systems Management
Open Systems develops and markets security, identity, and systems management software for the UNIX environment.
Shackleton sold its interest in Open Systems in May 2011.
Physiomics
Physiomics
Physiomics combines systems biology with cutting edge mathematics to develop models that streamline the drug discovery and development process.
Physiomics is now listed on AIM under the PYC ticker.
Protech Computer Systems
Protech Computer Systems
Shackleton held its interest in Protech through its participation in the Advantage Technology Fund. Protech delivers specialist cloud CRM software and consultancy services to membership organisations and qualification bodies.
Management bought back the ATF holding in 2013.
Steve Vick International
Steve Vick International
Steve Vick develops and markets techniques for the repair, replacement and decommissioning of underground pipes. These techniques are based on trenchless or “low-dig” principles and are used principally in the gas distribution, waste water and sewerage, nuclear power and facilities buildings management sector.
Shackleton sold its interest in the company in 2015.
Tinglobal
Tinglobal
Tinglobal is in the global business-to-business market for refurbished and reconfigured midrange computer equipment, including servers, storage, parts and associated services and networking infrastructure.
Shackleton announced a partial sale of its stake in Tinglobal in July 2011. The remainder was sold in September 2015.
TruTac
TruTac
TruTac is a software house with extensive experience in all logistics software. It is one of the UK’s largest and most successful tachograph analysis companies. It designs and delivers software solutions for all fleet sizes and sectors – making compliance easier, saving time, money and adding value.
Shackleton sold the business in March 2020 to telematics specialists Microlise.
Tubex
Tubex Limited
Tubex has been manufacturing tree shelters and vine shelters for over 20 years. It is globally recognised as the world’s leading supplier of tree shelters and sell more than 20 million shelters every year. Their shelters are manufactured in the UK, ensuring the highest quality manufacturing methods are used.
Shackleton announced the sale of Tubex in May 2011.