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Revenue boost in ‘transformational’ year for Kalibrate

SENECA portfolio company, Kalibrate Technologies, the Manchester-based provider of software-based products and services to the global petroleum industry, has posted a 19 per cent rise in its turnover and has appointed the founder of a private equity firm to its board of directors. The business, which floated on AIM towards the end of 2013, has [...]

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Kalibrate launches cloud product and new division

SENECA investee company, Kalibrate Technologies, the Manchester company which develops software and technology platforms for fuel retailers internationally, has unveiled a new product and trading division as it continues to explore growth opportunities. The firm, which joined the AIM market last year, has launched Kalibrate Cloud, a single-platform, cloud-based technology solution. See the article in full [...]

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Redx signs ‘transformational’ AstraZeneca deal

SENECA investee company and drug discovery group Redx Pharma has entered into a research collaboration with AstraZeneca. Neil Murray, Redx’s chief executive, told Insider the agreement is “transformational” and part of the group’s overall commercialisation strategy. Under the terms of the collaboration, Redx Pharma scientists will work with AstraZeneca’s Oncology Innovative Medicines group on a [...]

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Bumper sales and profits for My Parcel Delivery

SENECA Investee Company, My Parcel Delivery will create 12 jobs after delivering bumper year-on-year sales and profit increases. The Salford-based online parcel delivery comparison and logistics business notched a 95 per cent jump in sales and 65 per cent profit rise. My Parcel Delivery’s website has also increased unique visitors to its website by 240 [...]

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Seneca advises on £5.5m Utiligroup refinance

Seneca’s Corporate Finance team have advised energy sector software specialist Utiligroup on a £5.5m refinancing which will allow the business to continue to invest in new products. Utiligroup and private equity funder NorthEdge Capital have agreed a senior debt package with the acqusition finance team at Lloyds Bank. Seneca’s Corporate Finance team recently advised the [...]

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New business venture backed by Wayne Rooney receives three industry awards

Swellaway Ltd, the company behind Swellaway – a patented medical device designed to treat injuries in humans and animals – has been recognised for its innovation and business potential with three coveted business awards. Brainchild of inventor Richard Mills, Swellaway – which will initially be launched to the equine market and then shortly afterwards to [...]

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  • Seneca ONSIDE Lunch

    September 26, 2014 2:30 pm - September 26, 2014 5:30 pm

    Informal lunch in the private dining room at the excellent Artisan restaurant in Spinningfields in central Manchester. For further information please contact Andrew Currie.

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