Evolution Funding Group Acquires Click Dealer Limited

LDC Takes Minority Stake in Evolution Funding

February 19, 2019

Payments & Fintech

Mid-market private equity investor LDC has taken a significant minority stake in Evolution Funding in a transaction that values the business at £110 million. The deal is backed by acquisition finance from Santander and Aviva Investors; Evolution will remain led by its co-founders and will use the capital to scale its Evolve technology, expand its dealer and direct-to-consumer propositions, and grow its UK presence.

Evolution Funding Acquires Motion Finance

June 1, 2023

Financial Services

Evolution Funding Group (backed by LDC) has acquired Warrington-headquartered broker Motion Finance to accelerate Evolution's growth and expand its dealer finance capabilities. Motion Finance (64 employees) will continue to operate under its existing brand and management, with the acquisition acting as an add-on to Evolution's Evolve platform to increase market share among independent and franchised UK used-car dealers.

Focus Group Acquires EVAD from Ethos Group

March 21, 2022

Telecommunications

Focus Group, a Bowmark Capital-backed UK provider of telecoms and IT services, has acquired Midlands-based communications specialist EVAD from Ethos Group. EVAD will continue to operate under its existing brand and leadership while Focus Group plans to accelerate growth by broadening its product portfolio into IT, cyber and connectivity and extending geographic reach across the UK.

Clavis Capital Partners and Dobbs Management Services Invest in Click Here Digital

October 19, 2021

Marketing & Advertising

Clavis Capital Partners and Dobbs Management Services completed a strategic growth investment in Click Here Digital to support the agency’s expansion of personnel, technology and market penetration. Founder and CEO Bo White will remain in place as the partners help accelerate capability development and geographic and sector expansion.

ebate Software Limited Acquires e-bate Limited

August 29, 2024

Software

ebate Software Limited (formed from Evolved Ideas) has acquired rebate management software provider e-bate Limited. The deal pairs Evolved Ideas' development capabilities with a strategic partnership (and financial investment) from Enable to expand rebate management capabilities and deliver more data-driven, SaaS-based rebate solutions to customers across automotive, pharma, retail, and construction.

Salesforce Acquires ClickSoftware from Francisco Partners for $1.4B EV

October 1, 2019

Software

Salesforce has agreed to acquire ClickSoftware from Francisco Partners for an enterprise value of $1.4 billion, adding Click's AI-driven field service management and scheduling capabilities to Salesforce's Service Cloud. Francisco Partners, which took Click private in 2015, was advised by Goldman Sachs and Paul Hastings during the transaction.