Barclays supports MBO at a-plan

Barclays Private Equity has backed the management buyout of A-Plan Insurance, the Oxford-based insurance broker, for an undisclosed sum.

Barclays-backed Howorth makes double bolt-on

Howorth Air Technology, backed by Barclays Ventures, has acquired Westbury Filters and Filtermation Products in a deal worth £4m (€5m).

ECI Partners acquires ILG digital

ECI has acquired a 60 per cent stake in digital marketing and media services group ilG Digital from Beringea in a deal valuing the company at £45m (€57.6m). Beringea, which first invested in October 2005, generated a total return of 3.4 times its money on the deal and an IRR of 128 per cent.

NVM invests in Axial MBO

NVM Private Equity has invested £5.6m (€7m) in the management buyout of Axial Systems. HSBC provided debt facilities to support the deal.

Seraphim leads next-generation artificial intelligence round

Seraphim Capital has led a £2m first round of funding in Aria Networks, a developer of next-generation artificial-intelligence software used to plan and optimise telecoms networks.

NVM backs Optilan buyout

NVM Private Equity has invested more than £5m (€6.35m) in the management buyout of telecoms network provider Optilan, taking a significant minority stake in the business. AIB provided senior debt and bonding facilities and GE Commercial Finance provided working capital to support forecast growth.