Fund manager NVM Private Equity has launched a public offer of new ordinary shares for its venture capital trust (VCT), Northern 2 VCT, with a target of raising up to £15 million.
UK-based NVM Private Equity has exited maintenance services company Promanex Group to Costain for a total consideration of £18.8 million following a period of ‘strong growth’.
Newcastle-based venture capitalist NVM has sold its stake in defence logistics company Product Support to European supply chain services group Wincanton.
