ICON secures funding for FinTech50 company Merit Software

Synova Capital has led a growth capital investment into Merit Software Holdings Limited, a leading provider of payable and receivable reconciliation and workflow solutions to global investment banks, brokers and clearing houses. Synova is partnering with Kerril and Paul Burke who will continue as CEO and CTO respectively. Synova is investing alongside FiveW Capital led by strategic US based investor Randall Winn, co-founder and former CEO of Capital IQ who ... read more

ICON acts for FinTech50 company Parmenion on its exit to Aberdeen Asset Management

Aberdeen Asset Management PLC (“Aberdeen” or “the Group”) has entered into an agreement to acquire Parmenion Capital Partners LLP and its sister company, Self Directed Holdings Limited (together “Parmenion”), based in Bristol. The acquisition is part of Aberdeen’s strategy to capitalise on advancements in financial technology systems and to become a leader in using technology to provide investors with portfolios appropriate to their needs, whilst also growing its Investment Solutions ... read more

ICON secures funding for Big Data Analytics company, SynerScope, from Mangrove Capital Partners

SynerScope, a pioneer developer of fast, sense-making Big Data Analytics technologies, announced today it has secured Series A funding from Mangrove Capital Partners, who join existing investors 5 Park Lane and Spitskool. SynerScope is a leading provider of enterprise business analytics products focusing on big data and business intelligence for banks and insurance companies. “The strong technology developments we’ve introduced to data driven analytics and decision support have been well ... read more

ICON advises Strategy Digital on the sale to Fat Media

ICON has advised Strategy Digital, social media specialists, on the sale to digital marketing agency, Fat Media. Commenting on the deal John Courtney, CEO of Strategy Digital said: “I’m thrilled to be placing the business I have built up over the past two decades in the very capable and creative hands of Fat Media. Together the agencies will be a powerful force in the world of digital marketing.” Simon Moynagh, ... read more

ICON advise media logistics software company Nativ on the sale to Ooyala

ICON advise Nativ on the sale to Ooyala, a leading video, analytics and advertising technology provider. Ooyala, based in Santa Clara, is an independent subsidiary of Australian telco giant, Telstra. Nativ is a provider of cloud-based media logistics and workflow software and services. Its modular suite of media production, post-production, delivery and syndication workflow software, called MioEverywhere, redefines end-to-end media management for today’s data-driven, multiscreen world. It removes the cost and ... read more

ICON advise RUMM on the sale to energy giant, RWE npower

RWE npower has acquired the specialist energy management company RUMM in a move that could help British business save up to £4 billion on their annual energy bills. The Welsh tech firm, which was spun out of the University of Glamorgan, uses the latest innovations in cloud-based data analytics to help businesses monitor and control their energy in real time. Since its inception RUMM has already saved over £43 million ... read more

ICON has advised on the funding round for the rapidly growing online marketplace JewelStreet.

ICON has advised on the funding round for the rapidly growing online marketplace JewelStreet. JewelStreet was co-founded by ex Saatchi & Saatchi internet marketer, Rob Passmore; industry renowned goldsmith, jewellery designer and retailer, Mike Taylor; and IT whizz Andy Jones, who has designed cutting-edge technology platforms for the likes of Walt Disney, Nomura and UBS. Together they are revolutionising the £4.9 billion UK jewellery industry by curating a collection of ... read more

ICON advise ISV software on its sale to Dillistone Group Plc

Recruitment testing and online training specialist ISV Software has been sold to Dillistone Group Plc the UK listed parent of recruitment software suppliers Dillistone Systems, Voyager Software and FCP Internet. ISV Software is the leading supplier of skills testing software and services to the UK recruitment industry.  Used by 9 of the top 10 UK agencies by number of offices, ISV’s FastPath testing product allows agencies to validate the skills ... read more