Bridges Fund Management Acquires Majority Stake in Storetec

Bridges Fund Management Backs Matrix Telematics

March 30, 2021

Transportation

Bridges Fund Management has made a growth capital investment in Matrix Telematics, valuing the Cheshire-based fleet telematics and software provider at over £60 million. The investment, made through Bridges' Sustainable Growth Funds, will back CEO Mark Packman and the existing management team to scale Matrix’s SaaS telematics platform and expand its driver-safety and emissions-reduction solutions.

BuildTec Software Group Acquires Majority Stake in Acies A/S

April 8, 2024

Software

BuildTec Software Group, a European construction-software platform formed by funds advised by Bregal Unternehmerkapital (BU), has acquired a majority stake in Acies A/S, a Danish provider of configuration software, MES and production planning solutions. The move expands BuildTec's geographic presence in Denmark and strengthens its product portfolio for window, door and kitchen manufacturers.

FleetGO Group Acquires DreamTec Systems

January 8, 2026

Cloud & SaaS

FleetGO Group, backed by Main Capital Partners, has acquired Ireland-based DreamTec Systems to accelerate its expansion into the UK and Ireland. DreamTec provides telematics and fleet management solutions with a focus on fuel- and food-market-specific applications, enhancing FleetGO's industry capabilities and regional footprint.

WestBridge Backs £17m MBO of Smart Capital Technology

March 16, 2022

IT Services

WestBridge has invested £17 million to support a management buyout (MBO) of Smart Capital Technology (SCT), a Thames Valley–based IT infrastructure support provider. The deal, led by CEO Andy Morgan, enables a partial exit for the founding directors while providing capital and support to drive SCT's international growth and expand its Inventory-as-a-Service offering.

WestBridge Invests in Techex

June 27, 2022

Media & Entertainment

WestBridge has made a growth investment in Techex, a UK-based specialist in cloud and IP broadcast design, to support accelerated growth, geographic expansion and management development. Techex's existing management team, led by Managing Director Richard Bailey, will remain in place while WestBridge and debt partner Tosca Debt Capital provide capital and support.

Iptor Acquires TimberTec

February 1, 2022

Software

Stockholm-based Iptor acquired German TimberTec, a provider of ERP and MES software for the timber industry, in a deal that closed in February 2022. The acquisition is an add-on in Iptor's buy-and-build strategy (backed by funds advised by Bregal Unternehmerkapital) and aims to expand Iptor’s sector capabilities and geographic reach across Europe and into the US.