Other Done Deals

• OmPrompt, the messaging connectivity company, has secured £1 million from existing investor Shackleton Ventures.
• Nova Capital Management, an acquirer of private equity portfolios, has sold NotifyMD, its fifth and final portfolio investment from the Atlantic Medical Capital Fund, generating 3.1 times gross fund return and a gross IRR of almost 54 per cent.

Deals in the Pipeline

• Brokers WH Ireland and Blue Oar have agreed terms of a “possible” £16.2 million merger.
• Mid-market private equity house Dunedin has sold Fernau Avionics, a designer and manufacturer of navigational aids for aeroplanes, for £32 million.