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.