P2i Secure £5.5m

Swarraton Partners, Naxos Capital Partners and other incumbent investors make a further £5.5 million investment in P2i. This funding follows on the heels of a £4.1 million round raised by ICON in July 2009. P2i is the world leader in liquid-repellent nano-coating technology. The funding will be used to accelerate the international expansion of the company. P2i was established in 2004 to commercialize liquid-repellent treatments developed by the Ministry of ... read more


Velsys

ICON Corporate Finance has advised on the completion of the first tranche of a £2.4m investment round into Velsys, a leading provider of e-FX trading software to the Financial Services sector. ICON introduced the VC investor syndicate of Pentech Ventures and US-based TL Ventures to the company and advised management on negotiating the terms of the investment. Velsys is a leading developer of innovative software that integrates bank, broker and ... read more


Inetec Secures £4.5m

Inetec has secured a further investment of up to £4.5 million of expansion capital from Naxos Capital Partners and incumbent investors Oxford Capital Partners. The additional funding will allow the company to further fuel its expansion and growth. Inetec's patented technology is the only commercially available solution able to treat all types of food waste without the need for pre-treatment, packaging removal or adjustment of the machine and represents a ... read more


Lanner MBO Funding

ICON has successfully advised on the £3m management buyout of Lanner Group. The buyout was backed by NVM Private Equity. Lanner is a leading provider of Process Simulation Software which enables business managers to model, analyse and optimise new business processes, however complex. Customers such as Nissan and Sanofi-aventis have achieved significant efficiencies and savings using these solutions. Lanner was established in 1996 following the MBO of the simulation software ... read more


XTAQ sold to EG Solutions PLC

ICON has successfully advised on the sale of a UK Business Intelligence Software company XTAQ to quoted UK Plc eg Solutions Plc. Founded in 1993 XTAQ is a privately owned business based in Bristol. The company has developed its Nuqleus business performance measurement software which it distributes with support services to deliver improved operational performance and effectiveness. XTAQ’s current customers include Aegon, Barclaycard, Citibank, GE Capital, Principality Building Society and ... read more


Nanogan sold to IQE

ICON has advised NanoGaN, a semiconductor technology spin-out from the University of Bath, on its sale to IQE Plc, the leading global supplier of advanced wafer products and services to the semiconductor industry. NanoGaN has established a range of unique processes and key intellectual property relating to the production of Gallium Nitride (GaN) materials and devices. This includes its proprietary Nanocolumn Technology for producing high quality, free-standing Gallium Nitride substrates, ... read more


RF Engines sold to Rheinmetall AG

ICON has advised the management and shareholders of RF Engines Limited (RFEL) on its sale to Rheinmetall AG. RFEL is an electronics design company specialising in digital signal processing, and develops high specification signal processing cores, system on chip designs, and FPGA-based board solutions for applications in the defence, communications and instrumentation markets. These applications included base stations, wireless and wireline broadband comms systems, satellite communications systems, as well as defence ... read more


P2i £4.1m Series C

ICON Corporate Finance raises £4.1 million for P2i Ltd, the world leader in liquid-repellent nano-coating technology. The funding was raised from new and existing shareholders, to support the international growth of the company. P2i was established in 2004 to commercialize liquid-repellent treatments developed by the Ministry of Defence. Its revolutionary technology helps customers protect and improve a wide range of products including performance textiles (such as hiking and military boots; ... read more