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.
We are pleased to report that NHS Louisa Jordan, built at the Scottish Event Campus is now operational. The hospital, which it is hoped will never be used, comprises 23,000 square metres of flooring more than 1,000 bed bays more than 8,000 pieces of medical equipment 35,000 metres of network cabling for the nurse call system 135,000 metres of cabling for lighting and power sockets [...]
We are delighted to announce that 2 Shackleton companies have won Queen's Awards this year: Exterity and Trutac. The Queen’s Awards for Enterprise are the most prestigious awards for UK business. With only 216 winners in 2020, the awards are designed to recognise and encourage truly outstanding achievements in innovation, export, sustainability, and promotion of social mobility. Exterity won an accolade for its contribution to [...]
The Shackleton team has been working with its portfolio companies as they face the consequences of COVID-19. While most companies are concentrating on measures to protect staff and deal with lockdown, one of our companies may have a more direct role. The Scottish Event Campus could be in operation as a temporary hospital within two weeks. The new field hospital will be run by the [...]
We are pleased today to announce the sale of Trutac to Microlise. The transaction sees the Coventry-based experts in fleet compliance and management software becoming a part of the Microlise group, which itself offers a broad range of fleet solutions including vehicle tracking, telematics and journey management. This is Shackleton’s 23rd profitable exit, delivering an IRR of 23%. Since our initial investment in 2010, Trutac has [...]
