Acquisitions in Hampshire, United Kingdom

Equistone Partners Europe-backed CH&CO completed bolt-on acquisitions of Blue Apple and Pabulum, with financial terms undisclosed. The deals expand CH&CO’s workplace and education catering portfolios and support its ongoing buy-and-build growth strategy following Equistone’s 2019 investment.

Managed Internet Service Provider Wifinity has acquired Vital WiFi, a specialist in offshore vessel connectivity, to expand its connectivity services in the UK and into offshore sectors. The deal adds Vital WiFi’s wireless software platform and product features to Wifinity’s portfolio, enhancing capabilities for clients across energy platforms and commercial shipping.

RVU, owner of Uswitch, Confused.com and Money.co.uk, has agreed to acquire Tempcover to bolster its motor insurance customer solutions. Tempcover is a Hampshire-based insurtech specializing in short-term motor insurance policies, and the transaction is subject to regulatory approvals and customary closing conditions.

YFM Equity Partners has provided a £7m equity investment to support a £17m primary management buyout of GHG Limited, a loss adjusting and claims management specialist. The buyout is led by GHG managing director Austin Snelgrove alongside founder Graham High, who is reinvesting and will retain a significant shareholding and board role. Triplepoint is providing senior debt and a working capital facility to fund the transaction.

Servelec Technologies, a subsidiary of Laurel Solutions, has completed the acquisition of Primayer, a water network leak detection and location technology provider. The deal was executed via Servelec Technologies' holding company, Laurel Solutions, and the two businesses will be combined under Servelec Technologies' leadership. Financial terms of the private transaction were not disclosed.

UK business telecommunications provider Onecom secured a £100 million funding package from private equity firm LDC and credit funds managed by an affiliate of Ares Management Corporation. The investment is intended to support Onecom’s organic growth and future acquisitions as it scales operations and expands across converged communications services.

ECI-backed Imagesound acquired the assets of Hampshire-based Freedom Music, marking Imagesound’s second acquisition since ECI partnered with the company in April 2016. Freedom Music provides “rights included” music solutions, and its clients are expected to benefit from Imagesound’s broader audio, visual, and digital signage service offering.