Soho Square

Soho Square Backs Assured Data Protection With Growth Capital Investment

Retrieved on: 
Tuesday, October 10, 2023
Professional Services, Finance, Soho Square, SME, MD, Rubrik, Square, Growth, Risk management, Assurance

Soho Square, an investment firm focused on financing established and growing UK and European SMEs, is pleased to announce a structured minority growth investment in Assured Data Protection (“Assured” or “the Company”), a managed service provider focused on backup and disaster recovery, whose services are powered by Rubrik software.

Key Points: 
  • Soho Square, an investment firm focused on financing established and growing UK and European SMEs, is pleased to announce a structured minority growth investment in Assured Data Protection (“Assured” or “the Company”), a managed service provider focused on backup and disaster recovery, whose services are powered by Rubrik software.
  • Working with Soho Square to utilise its expertise and support, as well as its capital, Assured will accelerate its exciting growth plans.
  • We will benefit from an injection of capital and their expertise to accelerate our growth, and importantly we retain control of our business.
  • The Assured Data Protection team has built a fantastic reputation through its market-leading customer service, fast response times and flexible capex/opex delivery models.

Soho Square Exits Investment in Churchill via Sale to Employee Ownership Trust Following 3 Years of Transformational Growth

Retrieved on: 
Tuesday, August 15, 2023
Professional Services, Finance, FM, Education, Culture, EOT, Employee ownership trust, Soho Square, Sale, Public sector, EBITDA, PWC, Stuart Hamilton, Growth, Principal, SME, Portfolio management, Nightclub, Winston Churchill

Since Soho Square invested in Churchill in 2020, the business has won considerable market share and undergone a period of significant organic growth, which has seen EBITDA almost double.

Key Points: 
  • Since Soho Square invested in Churchill in 2020, the business has won considerable market share and undergone a period of significant organic growth, which has seen EBITDA almost double.
  • This above-plan growth has enabled Churchill to fully exit Soho Square from its investment after a hold period of just three years.
  • The sale is to an EOT which sees the business return to full employee ownership.
  • Soho Square and Churchill were advised by Grant Thornton (corporate finance), Shoosmith’s (legal) and PWC (financial due diligence).

Soho Square Backs xDesign with Minority Investment to Accelerate Growth of the Business Across the UK and Internationally

Retrieved on: 
Thursday, June 22, 2023
Professional Services, Business, Finance, CIL, MoneySavingExpert.com, Tears, Cloud computing, Investment, Blood, Yorkshire Building Society, Growth, Principal, Flutter Entertainment, Perspiration, Soho, SME, Nightclub, Video game, Soho Square

Soho Square Capital LLP (“Soho Square”), an investment firm focused on financing established and growing UK and European SMEs, is pleased to announce a minority growth investment in xDesign, a rapidly growing digital consultancy.

Key Points: 
  • Soho Square Capital LLP (“Soho Square”), an investment firm focused on financing established and growing UK and European SMEs, is pleased to announce a minority growth investment in xDesign, a rapidly growing digital consultancy.
  • Founded in 2010 by its CEO Euan Andrews, xDesign employs over 450 experts across the UK in its Edinburgh and Leeds offices.
  • With Soho Square’s investment and support, xDesign will accelerate its expansion plans with a number of new office openings planned around the UK and internationally, focus on organic growth across its business, as well as enhance its operational structure and award-winning company culture.
  • Alantra identified Soho Square as a strong investor partner for the Company, providing corporate finance advice post deal introduction.

Soho Square Exits Alpine Fire Engineers Following 4 Years of Strong Growth

Retrieved on: 
Wednesday, December 21, 2022
Small Business, Professional Services, Finance, Acceleration, EBITDA, Westbridge, CRM, Acquisition, Growth, SME, Culture, CAFM, Nightclub, Alpine, Soho Square

Soho Square Capital LLP (“Soho Square”), an investment firm focused on serving the financing needs of established and growing UK and European SMEs, announced that it has exited its investment in Alpine Fire Engineers (“Alpine” or “the Company”) to WestBridge, a private equity house that invests in UK small cap buyouts and lower mid-market companies, following a period of strong growth for the Company.

Key Points: 
  • Soho Square Capital LLP (“Soho Square”), an investment firm focused on serving the financing needs of established and growing UK and European SMEs, announced that it has exited its investment in Alpine Fire Engineers (“Alpine” or “the Company”) to WestBridge, a private equity house that invests in UK small cap buyouts and lower mid-market companies, following a period of strong growth for the Company.
  • Led by its high quality and committed management team, Alpine has built a reputation for technical excellence and best in class service.
  • Soho Square became Alpine’s first institutional investor in 2018, backing an acceleration of the company’s expansion plans which saw sales and EBITDA each increase by over fourfold.
  • We wish Steve and his team the very best for a successful future with their new partners WestBridge.”
    “Having joined Alpine as CEO when Soho Square invested, we have delivered phenomenal growth across the business.

Soho Square Exits Investment in Technical Fire Safety Group to svt Group

Retrieved on: 
Tuesday, October 18, 2022
Professional Services, Utilities, Energy, Other Construction & Property, Residential Building & Real Estate, Other Manufacturing, Construction & Property, DEI (Diversity, Equity and Inclusion), Other Professional Services, Building Systems, Finance, Consulting, Manufacturing, Thought, Growth, SVT, Investment, Partnership, AUM, Solution, Soho Square, EBITDA, SME, Nightclub, Financial services, European

Soho Square Capital LLP (Soho Square), an investment firm focused on serving the financing needs of established and growing UK and European SMEs, has exited its investment in Technical Fire Safety Group Ltd (TFSG) to svt Holdings GmbH (svt).

Key Points: 
  • Soho Square Capital LLP (Soho Square), an investment firm focused on serving the financing needs of established and growing UK and European SMEs, has exited its investment in Technical Fire Safety Group Ltd (TFSG) to svt Holdings GmbH (svt).
  • Soho Square originally invested in TFSG in 2018 with a plan to drive growth through investments in R&D, enhanced manufacturing capacity and expansion into new geographies.
  • svt is headquartered in Germany and is backed by Ergon Capital, a pan-European mid-market private equity investment fund with approximately 2.5 billion of AUM.
  • Soho Square has been a forward thinking and proactive partner, readily supported acquisitions and provided considerable investment into expanding the capacity of the business.

Katalyst Diagnostics Becomes Sole Distributor of PixCell Medical's HemoScreen™ in the UK and Ireland

Retrieved on: 
Tuesday, March 8, 2022
Diagnosis, POC, United Kingdom, Infection, Adoption, Point-of-care testing, Quality of life, Public health, Calibration, Complete blood count, Blood, Katalyst, FDA, Solution, Soho Square, Viscoelasticity, Health, Decision-making, Marketing, Maintenance, CEO, CBC, AI, Partnership, COVID-19, PCR, Medical device

YOKNEAM ILLIT, Israel, March 8, 2022 /PRNewswire/ -- PixCell Medical, innovator of rapid hematology testing solutions at the point-of-care, today announced that it has signed an exclusive distribution agreement with Katalyst Diagnostics, a new division of Katalyst Laboratories, to distribute HemoScreen™ across the United Kingdom and Ireland. HemoScreen is the only 5-part differential Complete Blood Count (CBC) analyzer that is FDA-cleared, CE-marked and TGA-approved for point-of-care (POC) use.

Key Points: 
  • HemoScreen is the only 5-part differential Complete Blood Count (CBC) analyzer that is FDA-cleared, CE-marked and TGA-approved for point-of-care (POC) use.
  • As part of the growing need for quality POC diagnostics, the company formed a new division, Katalyst Diagnostics, to distribute AI technologies and solutions across the region.
  • "We are thrilled to partnerwith a 'boots-on-the-ground' company like Katalyst Diagnostics, working diligently to alleviate the impact of the pandemic on public health in the UK and Ireland.
  • Forming part of the Katalyst group, Katalyst Diagnostics is a highly specialised diagnostics partner dedicated to sourcing next-generation, cutting-edge diagnostic solutions from across the world, aimed at improving healthcare outcomes.

KBRA Assigns Preliminary Ratings to BANK 2021-BNK37

Retrieved on: 
Thursday, November 4, 2021
Professional Services, Finance, Bond, BANK, Soho Square, Park Avenue Plaza, CMBS, London, Probability, MSAS, KLTV, KBRA, Security (finance)

Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 38 classes of BANK 2021-BNK37, a $1.3 billion CMBS conduit transaction collateralized by 79 commercial mortgage loans secured by 137 properties.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 38 classes of BANK 2021-BNK37, a $1.3 billion CMBS conduit transaction collateralized by 79 commercial mortgage loans secured by 137 properties.
  • The collateral properties are located throughout 42 MSAs, of which the three largest are New York (32.8%), Houston (11.5%), and Chicago (9.2%).
  • The pool has exposure to most major property types, with two types representing more than 15.0% of the pool balance: office (36.3%) and retail (32.4%).
  • KBRA capitalization rates were applied to each assets KNCF to derive values that were, on an aggregate basis, 46.5% less than third party appraisal values.

KBRA Assigns Preliminary Ratings to MSC 2021-L7

Retrieved on: 
Thursday, September 23, 2021
Finance, Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, KLTV, Probability, MSC, Soho Square, KBRA, Bond, CMBS, MSAS, Security (finance)

Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 39 classes of MSC 2021-L7, a $921.2 million CMBS conduit transaction collateralized by 60 commercial mortgage loans secured by 102 properties.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 39 classes of MSC 2021-L7, a $921.2 million CMBS conduit transaction collateralized by 60 commercial mortgage loans secured by 102 properties.
  • The collateral properties are located throughout 21 MSAs, of which the three largest are New York (24.7%), Houston (13.8%), and Phoenix (8.7%).
  • KBRA capitalization rates were applied to each assets KNCF to derive values that were, on an aggregate basis, 43.5% less than third party appraisal values.
  • To access ratings and relevant documents, click here .

KBRA Assigns Preliminary Ratings to Benchmark 2021-B29

Retrieved on: 
Tuesday, September 14, 2021
Banking, Professional Services, Finance, Benchmark, KBRA, MSAS, HQ, KLTV, Soho Square, CMBS, Hudson Square, Bond, Probability, Security (finance)

Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 18 classes of Benchmark 2021-B29, a $1.1 billion CMBS conduit transaction collateralized by 47 commercial mortgage loans secured by 90 properties.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 18 classes of Benchmark 2021-B29, a $1.1 billion CMBS conduit transaction collateralized by 47 commercial mortgage loans secured by 90 properties.
  • The collateral properties are located throughout 34 MSAs, of which the three largest are New York (30.0%), Phoenix (9.1%), and San Jose (8.8%).
  • KBRA capitalization rates were applied to each assets KNCF to derive values that were, on an aggregate basis, 41.9% less than third party appraisal values.
  • To access ratings and relevant documents, click here .

KBRA Assigns Preliminary Ratings to BBCMS 2021-C11

Retrieved on: 
Thursday, September 9, 2021
Banking, Professional Services, Finance

Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 19 classes of BBCMS 2021-C11, a $988.0 million CMBS conduit transaction collateralized by 94 commercial mortgage loans secured by 173 properties.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 19 classes of BBCMS 2021-C11, a $988.0 million CMBS conduit transaction collateralized by 94 commercial mortgage loans secured by 173 properties.
  • The pool has exposure to all major property types, with two types representing more than 15.0% of the pool balance: office (29.3%) and multifamily (24.0%).
  • KBRA capitalization rates were applied to each assets KNCF to derive values that were, on an aggregate basis, 40.6% less than third party appraisal values.
  • To access ratings and relevant documents, click here .