Sovereign Capital Partners has acquired a significant minority stake in the digital transformation specialist.
"We have come a long way since we set up our business just five years ago. This is an exciting market and we have achieved fast yet solid growth without compromise to the quality of our offering."
The early cancer diagnostic specialist received backing from existing investor Deepbridge Capital alongside leadership changes.
"I am delighted and look forward to working with Martin. We both share the passion for growing businesses which make a difference in people’s lives. These are exciting times as we forge our plans for Zilico"
Sumitomo Mitsui Banking Corporation has invested £22.4m in OakNorth through a secondary share purchase.
"SMBC continues to transform itself to adopt to changes in society and the economy. This partnership and investment is a clear demonstration of SMBC’s commitment to define the commercial banking model of the future and become the leading choice for businesses around the globe. Like us, SMBC wishes to create a better borrowing experience for businesses."
Livingbridge has backed the eCommerce platform provider to support its ongoing expansion and technology innovations.
"Over the past two decades Visualsoft's world class technology and passion for innovation has consistently disrupted the eCommerce landscape. I am delighted to have partnered with Livingbridge and we will now work in collaboration to further accelerate growth and strengthen our position as an industry leader."
J.P. Morgan takes a strategic stake in the payments technology provider to support its global expansion and platform development.
"We will benefit greatly from the scale and insight of a global banking leader and one of the most visionary technology companies in the world, with the flexibility and independence to pursue our innovation and growth roadmap"