Private Equity stories - Page 7

UK enterprises spend over GBP £320 billion on AI annually, yet half of projects fail to meet expectations, with concerns over value and consultancy returns.

Private equity firms are realising that involving data engineers early in strategy boosts insights and value beyond just technical support roles.

BDO welcomes Ben Coggin as Transaction Services Partner to drive growth in Yorkshire and North East, strengthening support for mid-market businesses' strategic deals.

Trustmarque and Ultima have merged, forming a GBP £1 billion IT firm with 1,000 staff, poised to lead UK's digital transformation in AI and cloud services.

Catherine Birkett, CFO at GoCardless, joins Twinkl as Non-Executive Director and Audit & Risk Committee Chair amid the company's global growth.

High-growth firms often underestimate equity's true cost, risking excessive dilution and lost control despite apparent freedom from immediate repayments.

A survey reveals private equity sponsors and CFOs clash on exit readiness timing, risking up to three turns loss in company valuation during sales.

Allvue launches enhanced AI tools including Andi Document Extraction and Loan Hunter integration to boost efficiency in private investment workflows.

Trustmarque and Ultima are merging to form a UK IT giant with GBP £1bn revenue, combining expertise in cloud, cybersecurity, and digital innovation.

Rydoo leads Gartner's 2025 expense management report with a 95% user recommendation, thanks to its AI-powered software used by over 1 million customers globally.

Adeptia appoints Christopher Monterio as CFO to lead financial strategy and growth amid rising demand for its advanced data automation platform.

JMAN Group appoints Kaushik Perinkulam Ravi as Chief of Staff to CTO, enhancing its data and AI capabilities for private equity clients globally.

Dayforce boosts its Partner Network with new alliances and programmes to enhance service delivery, innovation, and community outreach for faster customer value.

ECI Partners has exited CSL with a 3.5x return, moving the firm into its first continuation fund to back ongoing growth in IoT connectivity.

Evolve Business Group appoints Will Clowes as Chief Revenue Officer to drive expansion and enhance sales, marketing, and operational growth across its global operations.

Forrester forecasts major agency mergers, job cuts of 15%, and growth in creator-led marketing by 2026 amid automation and industry shifts.

AI adoption is forecast to widen the gender skills gap in the UK's GBP £1 trillion tech sector, raising concerns over equality in emerging industries.

Simworx, a West Midlands firm, secures GBP £134m in exports, boosting jobs with cutting-edge indoor theme park technology worldwide.

Morphisec appoints Rohyt Belani as Strategic Advisor to accelerate channel growth and strengthen its ransomware prevention partnerships with MSSPs.

The Marketing Centre has expanded its UK network by appointing three senior fractional CMOs to boost growth and align marketing with sales.