NorthEdge Capital LLP has acquired Oak Engage
Employee engagement app and intranet software solution Oak Engage has received an investment from leading regional private equity firm NorthEdge Capital LLP. This funding will enable the business to expand its commercial team to accelerate growth, refine and enhance its go-to-market strategy and invest in systems and processes to support data-driven decision-making, alongside continued product development.
NorthEdge manages over US$1.2 billion (£900 million) of private equity funds, targeting lower mid-market buy-out and development capital transactions in the technology, healthcare and business services sectors.
Headquartered in Newcastle, the company provides a mobile-first employee engagement and intranet platform which supports businesses to build a strong culture, enhance productivity and boost operational efficiency. Oak Engage is trusted by major brands such as NatWest Group, ScS, Burger King UK, Five Guys, Aldi and Halfords and has achieved strong growth with clients that are seeking to engage a disparate, frontline worker employee base. The customizable platform acts as a central hub to reach and engage deskless workforces, giving them easy access to company news and key documents. It also uses AI to deliver personalized communications, making it as easy as possible to get the right message, to the right people, at the right time — wherever they are located.
Maven Capital Partners is a leading private equity and alternative asset manager. The company has a long-term track record of supporting a wide range of transactions, including management buy-outs, growth capital, buy-and-build strategies, equity value release and pre-IPO financing. Maven Capital helps ambitious UK companies unlock their potential and accelerate growth.
Oaklins Cavendish, one of Oaklins’ member firms in the UK, advised regional private equity firm NorthEdge on its investment in Oak Engage, a rapidly scaling employee engagement and intranet software business headquartered in Newcastle. This transaction marks the first deal completed by Oaklins Cavendish’s recently opened Manchester office.
Dan Matkin
Director, NorthEdge Capital LLP
Talk to the deal team
Related deals
Dolmans Landscaping Group has welcomed Foreman Capital as a new shareholder to support further growth
Dolmans Landscaping Group, a leading full-service provider of landscaping services, has welcomed Foreman Capital as a new shareholder. By partnering with Foreman Capital, which has extensive experience in building stronger companies in the maintenance of public spaces, Dolmans can accelerate its growth trajectory across core verticals and further professionalize the business.
Learn moreValmiermuižas Alus has been acquired by Cēsu Alus
Valmiermuižas Alus has been acquired by Cēsu Alus AS through the purchase of 100% of its shares. The transaction enabled the founder’s exit and strengthened the company’s platform for continued growth within a consolidating Baltic beverage market.
Learn moreNetNordic has acquired Itectra
Norvestor-backed NetNordic has acquired Danish optical network solutions firm Itectra. The transaction marks NetNordic’s 25th acquisition since 2015, further strengthening its position in the Nordic market. It enables NetNordic to expand its market relevance through deeper expertise in optical network solutions, consolidating its standing in larger Nordic projects and creating cross-selling opportunities between NetNordic’s network solutions and Itectra’s optical capabilities.
Learn more