We are delighted to announce today the sale of Tissuemed to Becton Dickinson (NYSE: BDX). Tissuemed, the Leeds-based medtech specialist, develops and manufactures self-adhesive films that help surgeons to close and seal sutured and stapled internal tissues. Tissuemed is the last of Shackleton's 2007 vintage investments to be sold. It has achieved strong growth and profitability in recent years and has been paying dividends. This [...]
Bluebox Aviation Systems, the leading provider of cross-platform wireless in-flight entertainment (W-IFE), has bolstered its management team to pursue an ambitious business plan as the aviation sector emerges from the global pandemic. Bluebox has already seen an uptick in new opportunities and overall very high demand for its solutions, with new and existing customers wanting to tap into the potential digital platforms offer in terms [...]
We are pleased to report that Solarisbank AG, Europe’s leading Banking-as-a-Service platform, has raised EUR 190 million in an oversubscribed Series D funding round, valuing the company at EUR 1.4 billion. Shackleton portfolio company, FinLeap is a founder shareholder of Solarisbank and retains a substantial shareholding. This funding event marks FinLeap's first home-grown unicorn. The round was led by Decisive Capital Management, with support from [...]
The Shackleton team is delighted to announce that we have helped Nandi Proteins to recruit David Flower to the role of Chief Executive Officer. David is an exceptional talent, having previously served as Managing Director, Europe, for Singha beer maker the Boon Rawd Brewery Company, and before that as Managing Director Home Baking for Kerry Foods. David has also been a Managing Director at Noon [...]
We are delighted to announce the sale of Exterity to French company Vitec S.A. Exterity, based in Dalgety Bay, Scotland, is a market-leading provider of IPTV Technology, Digital Signage and Guest Experience solutions. Shackleton’s third fund, Shackleton Secondaries 3 LP, originally acquired a significant interest in Exterity in April 2014 as part of a portfolio of 13 investments. Shackleton played an active role on the [...]
We are delighted to announce that, IRT Surveys, a Shackleton portfolio company, has scooped a £5.2m project with Aberdeen City Council to deliver a major decarbonisation retrofit scheme across the Council's social housing properties. The energy efficiency project, which is backed by the Government’s newly launched Social Housing Decarbonisation Fund Demonstrator, continues a long-term partnership between IRT Surveys and Aberdeen Council that spans 20 years. In [...]
We are pleased to announce that we have sold our interest in OmPrompt to Eurazeo-backed Elemica International, Inc. OmPrompt is a leading developer of AI-based SaaS systems for processing order entries for consumer goods and healthcare companies. We originally acquired a significant interest in OmPrompt in December 2008 when we bought out equity investors and bank debt after OmPrompt’s momentum slowed in the global downturn. [...]
We are very pleased to report the successful deployment of Bluebox’s wireless in-flight entertainment software into Airbus’ OSP. Bluebox, a Shackleton portfolio company, confirmed the installation of its system on Titan Airways' first new Airbus A321LP. Titan is an independent charter airline. OSP is Airbus' standardised on-board hardware and software infrastructure available as both line-fit and retrofit for the Airbus A320 and A330 Family aircraft. It [...]
We are delighted to share this recent news from FinLeap's CEO Ramin Niroumand. The fintech sphere has been quite dynamic in recent weeks. The developments in the Wirecard case continue to dominate international news as the story gradually unfolds. However, there is also positive fintech news to share. Despite the summer break, many companies are working on their comebacks following the Corona crisis. The finleap [...]
Leading CIO Connect subject area experts have recently published a number of white papers to help clients navigate some of the most common concerns raised as businesses focus on lock-down and its aftermath.
