Prefequity provides Parabellum with funding to fuel growth

Prefequity is delighted to announce it has completed a financing deal to support acquisitions for Parabellum, a family office operating as a global private equity firm with deep expertise in the IT and software sectors. This funding will be used by Parabellum to increase its planned acquisition programme.

Parabellum looks to grow companies both organically and through acquisition, leveraging its management experience and track record. Portfolio companies include ieDigital, a developer of mid-market digital banking platforms; Advanco, a specialist in track-and-trace serialisation software for the pharmaceutical industry; and Parseq, one of the UK’s largest independent business services and IT providers.

Johnny Carew Pole, Partner at Prefequity, commented: “We are delighted to be supporting Parabellum. This funding once again demonstrates our ability to provide bespoke solutions in complex deal situations. Parabellum has a diverse portfolio of companies that benefit from sticky revenue streams, strong cash generation, long-standing customer relationships and significant barriers to entry that together provide substantial downside protection for us. In addition, we are excited by the growth opportunities that this funding should help unlock, both organically and from the pipeline of targeted bolt-on acquisitions. We look forward to working with the team as Parabellum goes from strength to strength.”