The UK’s leading energy efficiency solutions company Anesco works with local authorities, businesses and homeowners to reduce carbon emissions. It is one of the top 100 cleantech firms in the world. SEP sold its majority shareholding in the company to CBPE Capital in 2014.
Pioneering biotechnology company Biovex develops potent biologics for the treatment of cancer and prevention of infectious disease. It was acquired by NASDAQ-listed Amgen in a deal worth up to $1 billion which ranked as one of the world’s largest ever exits for a venture capital backed biotechnology company.
Clavis is the industry leader for online store analytics, delivering data, analysis and insights to enable consumer goods brands to track and optimise their online channel presence and performance. Its technology analyses everything consumers see in online retailer stores to quickly identify the actions brand owners and manufacturers need to take to drive profitable e-commerce growth. Clients include Unilever, Procter & Gamble, Mars, Kimberley Clark and Nestle. SEP sold its shareholding in Clavis to a private equity buyer in December 2016. Financial terms were not disclosed.
Control Circle grow into the UK’s leading provider of complex managed hosting and cloud-based services to enterprises and on-line businesses, including Saga, Rightmove, KPMG and Monitise. SEP supported the company’s rapid growth from 2010 to 2014 when Control Circle was acquired in 2014 by Alternative Networks, the AIM-listed leading business communications service provider.
Craneware (LSE:CRW) is a specialist in medical billing software solutions used by hospitals across the United States. The company’s development activity is based in Scotland with sales operations in the Unites States. SEP backed the company from early growth phase to successful IPO on the Alternative Investment Market in 2007, earning it the IPO of the year award.
SEP helped CSR to capitalise on its world-leading expertise in Bluetooth technology and supported it through a successful IPO. The company was subsequently acquired by Qualcomm Inc, a world leader in wireless technologies. CSR is now a diversified platform provider at the centre of the Internet of Everything.
Headquartered in Livingston, Scotland, and with bases in Houston, Aberdeen, the Middle East and Southeast Asia, Cyberhawk offers industrial inspection and land surveying services, via its cloud based software platform, using advanced remotely operated aerial vehicles with significant safety, cost and downtime advantages over traditional rope or helicopter access. Focusing on the oil, gas, petrochemical and utility industries, Cyberhawk has completed more than 30 world firsts to date, with blue-chip energy and utility companies in more than 30 countries on six continents. In 2019 Cyberhawk was acquired by funds advised by Magnesium Capital LLP.
Exco InTouch is a leading provider of mobile patient communication and management solutions for clinical research and healthcare providers. Customers include top pharmaceutical companies and contract research organisations. ERT, the leading provider of high-quality patient data collection solutions for use in clinical drug development acquired Exco InTouch in December 2016 representing one of the most successful exits for a UK venture capital backed business in the emerging digital health market.
Gigle Networks developed highly innovative system-on-chip solutions for home networking over powerline sockets. Its ‘plug and play’ technology enabled every mains socket in a home to connect easily to the internet. SEP helped the company grow into a successful global operation before it was acquired by Broadcom Corp, now part of Broadcom Ltd, a diversified global semiconductor leader.
Indigo Pipelines is one of the fastest growing independent gas transporters in the UK. Working in partnership with SSE plc, Indigo adopts new gas connections from developers and house-builders throughout the country. Regulated by Ofgem, Indigo is responsible for safely transporting gas through its networks to over 180,000 residential and commercial properties across the UK.
On 5 November 2018, SEP announced that it had agreed to sell Indigo Pipelines to independent infrastructure asset manager, Arjun Infrastructure Partners. Subject to certain conditions, the transaction is expected to complete by the end of February 2019.
Kiala established a pan-European network of outsourced parcel collection points using an innovative technology platform that enabled e-commerce retailers to offer customers fast and convenient delivery & return of parcels. SEP supported its expansion until it was acquired by UPS, the world’s largest package delivery company in 2012 . It now operates as UPS Access PointTM.
MTEM developed pioneering electromagnetic survey technology offering oil companies significant exploration savings by determining whether reservoirs contained oil and gas before drilling. SEP supported its growth from a five-person start-up until its acquisition by Petroleum Geo-Services in a deal that marked the highest price ever achieved in a trade sale in this sector outside of the US.
Skyscanner is the world’s leading travel search company with over 60 million unique visitors per month using the site to find instant comparisons on flights, car hire and hotels in more than 30 different languages. Skyscanner employs more than 800 people across its global offices. Skyscanner’s unique proprietary technology connects people directly to everything the travel industry has to offer and also powers travel search for over 1200 partners through Skyscanner for Business. Ctrip, the NASDAQ listed, leading travel service provider in China acquired Skyscanner in December 2016 for a consideration of approximately £1.4 billion.
Wolfson Microelectronics was a multinational microelectronics and fabless semiconductor company headquartered in Edinburgh. It specialised in signal processing and mixed-signal chips for the consumer electronics market and had engineering and sales offices in Asia-Pacific, Europe and the United States. SEP supported Wolfson from university spinout through rapid growth to a successful IPO which saw it enter the FTSE 250. It has since been acquired by Cirrus Logic.
Workshare provides secure enterprise file sharing and collaboration applications for the legal and professional service sectors, making it easier for people to work together securely. Over 2 million professionals in 70 countries use Workshare’s award-winning applications and over 62% of Fortune 1000 companies trust Workshare to securely collaborate on high-value content across geographically dispersed, increasingly mobile teams. In 2019, Workshare was acquired by Litera Microsystems a leading provider of software for the legal and life sciences industries.