KPMG invests 3 million in UK technology firm Flexeye

02 April 2015

Professional services firm KPMG has invested £3 million in Flexeye, a UK technology company that provides a cloud based technology platform to help organisations reduce risks and capitalise on the Internet of Things, and recently dubbed a 'cool IoT vendor' by Gartner.

Flexeye is an in 2005 founded UK technology company which offers organisations a cloud based technology platform to help them implement solutions that unite and analyse real-time data feeds from a variety of sources. The organisations can use this data to better understand risks, make more informed decisions and capitalise on the ‘IoT. The platform uses a combination of Flexeye’s open Internet of Things (IoT) middleware software and 3rd party hardware and applications.

Examples of the application of the technology include the prevention of mis-selling of products in the banking industry, the improvement of efficiency by transport companies and the enhancement public safety by local governments. Flexeye is also the lead partner of the HyperCat Consortium 2014, a UK Government programme that has received £8 million funding.

KPMG invests 3 million in UK technology firm Flexeye

For KPMG, the investment in Flexeye is in line with its ambition to boost its risk technology advisory capabilities, and will enable it offer its clients the means to understand and reduce risks across a wide number of sectors. John Hall, Financial Services Partner at KPMG, explains: “Today’s organisations need to understand risks in real-time, inform their decisions based on predictive analysis and future-proof themselves to capitalise on opportunities such as the ‘Internet of Things’. We are delighted to be investing in Flexeye, a company whose vision and technology is at the heart of this change. Flexeye has grown rapidly in the past decade not only because their technology addresses the challenges of tomorrow, but it tackles the problems of today.”

Justin Anderson, Chief Executive Officer at Flexeye, adds: “This investment will support Flexeye’s plans for international expansion, as well as solidify the fusion of KPMG's financial services expertise with our leading edge tech solutions.”



SQW Group purchases property-based regeneration consultancy

19 April 2019

UK consulting firm SQW Group has completed its first acquisition since it completed a management buyout in January 2019. BBP Regeneration joins the company having collaborated with SQW for more than 20 years.

Established in 1983, SQW Group now operates all over the world. Comprising SQW, Oxford Innovation, Oxford Innovation Services – one of the UK’s leading innovation centre operators – and Oxford Investment Opportunities Network, the organisation’s origins can be traced to Britain’s two ancient university cities: Oxford, through Oxford Trust founders, Martin and Audrey Wood, and Cambridge, through SQW’s work in producing The Cambridge Phenomenon.

The consultancy specialises in public policy, working with entities from the public, private and voluntary sectors to research, develop, implement and evaluate social and economic development interventions. It now employs over 250 people across regional offices in London, Oxford and Edinburgh, and provides business support to over 4,000 entrepreneurs and small businesses each year. At the start of 2019, SQW secured its independence in a management buyout, advised on by M&A experts from Liberty Corporate Finance and Penningtons Manches.

SQW Group purchases property-based regeneration consultancy

SQW has strengthened its position as a provider of services across the business spectrum with the acquisition of BBP Regeneration. Founded in 1994, the consulting firm specialises in land and property-based regeneration and growth schemes, and is a leading social and economic development consultancy. 

The two firms first worked together over 20 years ago, when SQW and BBP collaborated to develop the first Regional Economic Strategy for the South East. More recently, they developed an economic strategy for Thanet and are now working together in locations stretching from Cwmbran via Oxfordshire to London.

With the addition of BBP, SQW can now provide an integrated advisory service for organisations developing property schemes which deliver economic benefit to their local area. By joining SQW, meanwhile, BBP hopes to further enhance its ability to support clients in delivering property and place-making ambitions. 

Speaking about the deal, SQW CEO David Crichton-Miller commented, “The UK more than ever needs solutions to the challenges of places – of high streets under threat, of meeting housing delivery targets, and of both economically over-successful and economically challenged towns and cities – and the combination of SQW and BBP is uniquely suited to developing those solutions. [This deal] brings together critical and complementary services relating to places to serve our clients with leading edge and practical advice.”

Andy Smith, Director of BBP Regeneration, added, “SQW shares with BBP the same values of seeking to provide outstanding, practical, real world advice that helps get buildings built and places developed.  We greatly look forward to the opportunities that come from joining our two organisations together.”