YFM Equity Partners backs telecommunications consultancy e2E with £1.5m from its advised VCTs.
"We were attracted to this opportunity due to the strength of the long-established management team and the exciting, unique technology that they had developed over recent years. NEL Fund Managers introduced the deal and it was particularly pleasing to work with both them and local advisers to help bring this deal to completion. We look forward to helping this business to grow in the North East and Welwyn Garden City."
The funding round was led by YFM Equity Partners with continued support from Santander.
"We are thrilled to be supporting Griff and Ed on the next stage of their journey with Friska. They have built a fantastic brand with a high quality breakfast and lunch food offering which customers love. We see significant opportunity for the business to expand into new cities to bring the Friska brand to a new audience"
YFM Equity Partners has backed a £4m Series A round in Matillion to support its cloud integration platform.
"Matillion has a great opportunity to capitalise on the push to migrate data and systems to the Cloud. Its data integration platform is 100 times faster and easier to use than traditional ETL technology. We have been impressed by the team’s commitment to becoming the de-facto choice for unlocking the power of cloud-based databases and are excited to back their future growth plans."
The investment from YFM Equity Partners will fund international expansion and team growth at Traveltek.
"We chose YFM based on its long history of working successfully with owner managed teams and growing businesses internationally. YFM’s investment will allow us to continue to develop our market leading position by accelerating our existing international office network as well as expanding our local Scottish headquarters to support this growth."
The investment was led by British Smaller Companies Venture Capital Trusts to scale the Elemez analytics tool.
"YFM’s support will be instrumental in driving our future growth as we look to further develop our offering and customer base. Elemez’ analytics are key to improving productivity for enterprises where mobile solutions are business critical. YFM’s investment will enable us to recruit additional talent to meet the increasing demand from device manufacturers, managed service providers and enterprise customers."