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Funding deal boosts fight Traditional values, against security threats modern strategies, Advertisement Ferature
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emand is growing for crisis, emergency and incident management software as businesses seek improved safety and security to counter both natural and man-made threats. Now one of the UK’s most active investors has agreed an undisclosed sum in a Northamptonshire company as it develops and markets a new product designed to become a global incident and threat intelligence platform for use by major organisations worldwide. Zinc Digital Business Solutions is a Software-asa-Service solutions provider, specialising in safety, security and critical event management. Its products help organisations to optimise decision-making, mitigate risk and streamline business processes. The business, based at Little Houghton, works with public sector agencies including the Environment Agency as well as blue chip clients. The funding announcement by Maven Capital Partners will enable Zinc to expand its sales and marketing teams as well as invest in further product development, including the launch of its new SaaS product SYNAPSE Analyst, a global incident and
Manufacturers complete acquisition negotiations
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rackley-based Custom Design Technologies has been acquired by discoverIE Group plc, an international designer and manufacturer of customised electronics. The deal is worth a total cash consideration of £5 million. CDT, which designs and manufactures customised plastic enclosures for circuit boards, membrane keypads and associated electronics components, marked its 36th anniversary in March. Nick Jefferies, group chief
executive of discoverIE, said: “The acquisition of the CDT group continues our strategy of building a high-quality, higher-margin international group.”
threat intelligence platform. The incident and emergency management market globally is growing at a compound annual rate of 6.7 per cent and is expected to be worth $171.8 billion by 2026. “We believe that Zinc offers an excellent opportunity for investment into a scaling business that is operating in a market supported by positive sector dynamics,” said Maven partner Melanie Goward. “The company is led by a
very capable team and they have made good commercial progress to date. Revenues are backed up by strong recurring revenues and a positive deal pipeline of prospective new clients.” Zinc’s chief executive Joe Zielinski said the company’s ambition is to be a global provider of security and safety incident and risk management software. “The Maven team have demonstrated great commitment to our business.”
n Industrial thread manufacturer Coats has acquired footwear producer Texon, which has a facility at Rushden’s Sanders Lodge industrial estate. The company has a long heritage as a supplier to the world’s leading brands including the premium athleisure footwear market.
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unparallelled service
t Motum, we pride ourselves on being a value-based service provider. We provide insurance solutions to a wide range of businesses, including sole traders, small and medium-sized enteroprises and large corporates. Motum Insurance Services launched in 2021 and sits as part of a wider group, 100 per cent owner managed. Founded five years ago, we have developed a claims proposition, vehicle repair proposition, recovery proposition and of course our insurance broking services. Each individual service sits behind our broking services, which enables us to greatly enhance our overall service. Traditional values, combined with modern strategies allows us to provide unparalleled value and service to our clients. WHAT WE DO Our strategy is outlined in four areas: Get to know the client This is so important to us. We can only advise and recommend the best service and product once we know you, your business and your aspirations. Prepare the story Insurance broking is often
about demonstrating the ‘right’ type of risk to an insurer. By taking the time to understand your business, we can demonstrate a strong understanding of the risk, provide appropriate advice and ultimately, secure the best cover and value premium. Go to market We guarantee to always complete a whole of market exercise to obtain the best value and cover for our clients. Provide our recommendations As a FCAregulated insurance broker, regulated to advise, you can trust in the advice we provide and we are accountable for this. WHY USE MOTUM In a nutshell, because of our expertise. As a business we have in excess of 50 years’ experience within insurance, partnered with a very clear offering: n Appointed client director or account manager; n Northamptonshire-based insurance broker and claims service; n 24-7-365 in-business claims service, always here when you need us; n Board level insurance and risk advice; n Owner Managed.
Property company Chelton Brown are among the sponsors of this year’s Cycle4Cynthia event
Charity’s cycle fundraiser seeks headline sponsor
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ynthia Spencer Hospice is seeking a prominent local business to come to the rescue as its headline sponsor for Cycle4Cynthia, the flagship fundraising cycle event returning to Althorp Estate next month. Goodrich Consulting is joining the sponsorship line-up for the first time this year and property and letting sales company Chelton Brown are staying in the sponsorship saddle for the eighth year running. Flour miller Heygates and Milton Keynes
law firm EMW have also renewed their sponsorship for this year. Now the charity is looking for one local company to take up the mantle of being the event’s headline sponsor. Cynthia Spencer’s corporate partnerships fundraiser Nina Gandy said: “We are incredibly grateful for the ongoing support from local businesses for Cycle4Cynthia which helps us continue providing amazing care to the people of Northamptonshire.”
A new ten-mile route has been introduced this year alongside the five-mile route which this year is on completely closed roads, making it even safer for younger cyclists. Last year’s event - the first since the pandemic- raised more than £40,000 for the hospice. Olivia Smith, of Goodrich Consulting, said: “Cynthia Spencer Hospice is a charity that has touched the hearts of so many over the years, which is why Goodrich Consulting is immensely proud to be supporting them for another year. We are thrilled to be putting on the Cycle4Cynthia jersey again and riding alongside our clients and colleagues across the Northamptonshire countryside for such an incredible cause.” Chelton Brown director Edward Chelton Brown said: “Cynthia Spencer does so much fantastic work locally giving care to those who need it. Cycle4Cynthia is always such a fantastic day that the team look forward to taking part in.”
n To register for Cycle4Cynthia, visit www.cycle4cynthia.co.uk/registration/C4C2022 or call the fundraising team on 01604 973340. To discuss sponsorship opportunities, contact Nina Gandy on 01604 973348 or email nina@cynthiaspencer.co.uk.
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MAKING THE COMPLEX SIMPLE n Board level risk management advice and solutions n Value based insurance... the right cover at the right price n Commercial insurance experts With more than two decades of experience, we work with an array of clients from private individuals to SMEs, large fleets and the public sector. We are dedicated to providing insurance that provides real value. We are part of a larger group of companies specialising specifically in commercial insurance. Every element of our group of companies has been built to provide service behind the premium you pay, ensuring your policy is there when you need it most. Everyone on our team has the professional experience required to give you the very best service and advice in all areas of commercial risk management.
www.motum-services.com 0345 034 4542 contact@motum-services.com Unit 3 Brooklands Court Kettering Venture Park Kettering NN15 6FD
Business Times
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August 2022
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