Par Equity and Praetura Merge to Create £670 Million Group

Par Equity and Praetura merge to create £670 million group

Edinburgh-based investment firm joins forces with north of England-based rival

Investors Par Equity and Praetura to merge creating £670m northern group

Merger to create £670m PXN Group – boosting BR-qualifying investment and adviser access to regional SMEs - IFA Magazine

Par Equity will be merging with Praetura Ventures and its adviser-focused arm, Praetura Investments, to create PXN Group – a venture capital and investment firm specialising in tax-efficient and alternative investments, with assets under management of £670 million. The newly combined business, which is subject to regulatory clearance from the Financial Conduct Authority, will support financial advisers and their clients with a comprehensive plat…

Praetura, Par Equity merge to create £670m investor – Northern Financial Review

Manchester-based Praetura Ventures and Edinburgh-founded Par Equity are to merge to create PXN Group, a new venture capital and investment firm with over £670 million in assets under management. Par Equity and Praetura are two of the most prominent investors in the North of England, Scotland and Northern Ireland. With more than 80% of UK venture capital still concentrated in London and the south east of England, the creation of PXN Group will he…

Merger creates PXN Group

Two of the most prominent investors in the North of England, Scotland and Northern Ireland will be merging to create PXN Group, a new venture and investment firm with over £670m in assets under management. The merger, which is subject to regulatory clearance from the Financial Conduct Authority, will bring together Edinburgh-founded Par Equity and Manchester-based Praetura Ventures, two firms known for backing early-stage and scale-up businesses…

Praetura and Par Equity merge to create PXN - a £670m 'Northern investment powerhouse'

PXN Group will offer 'broader suite' of opportunities for entrepreneurs, institutional investors, retail investors, public sector organisations, and financial advisers