![]() ![]() Encore Capital Group is a Certified Professional Receivables Company (C1312-1009 (3)) and includes a family of companies: Atlantic Credit and Finance, Midland Funding, and Midland Credit Management. Gordon Beveridge, principal at Scottish Equity Partners, comments, ‘The funding will extend the capabilities of Pure360’s platform, broadening features within segmentation, geolocation and automation whilst creating the most usable interface out there. MCM works with trusted partners to ensure the highest standards of quality and service. ![]() Venture Capital Fund of the Year award for SEP.Scottish Equity Partners struts its stuff.SEP announces new £200 million venture fund.The next three years will see a further 65 jobs created with turnover expected to double again to £14.5 million.’ More on Scottish Equity Partners: ![]() He adds, ‘Pure360 has doubled both its turnover and headcount since 2008. Stuart Dawson, CEO of Pure360, says that the investment will allow the business to speed up product innovation and create a ‘world class’ client service function. The remaining balance is being made up by Investec and the company’s management. Scottish Equity Partners, which has portfolio companies including travel search company Skyscanner and online fashion platform Matches Fashion, is contributing £6.5 million to the transaction. Encore previously owned a majority equity stake, which was bought in March 2009, and has generated a return of 4x and an IRR of 47 per cent. The £10.5 million deal sees existing backer Encore Capital exit its investment in the business. The creation of a possible 65 new jobs in the south east is on the cards for marketing company Pure360 following its latest funding round.Įmail and SMS marketing company Pure 360 has closed a £10.5 million investment round, with contributions coming from Scottish Equity Partners, Investec and management.Īttempting to address a market worth a reported £513 million in 2013, Pure360 works with businesses to boost the value of email and SMS marketing campaigns. ![]()
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