European private equity firm to invest in Hippo Digital

Hippo, a digital transformation provider of User-Centric Design (UCD) solutions to the UK public sector, is in the final stages of securing a new strategic investment partner, Exponent, a European private equity firm, to support the business through the next phase of its growth journey. Hippo was founded in Leeds in 2016 by Adam Lewis and Rob Coop and today is one of the largest independent digital services consultancies in the UK, delivering end to end strategy, design and data services across both private and public sector organisations. Hippo clients include NHS, DFE, BBC and Virgin. Exponent will support the existing management team, led by co-founder and Chief Executive Adam Lewis, to continue to scale the company’s operations and strengthen its engineering, data and artificial intelligence capabilities. Paul Nannetti is joining the business as Chair. Adam Lewis, founder and CEO of Hippo, said: “I am proud of how far we have come since we took on an investment partner four years ago. The business has doubled in size, built out a best-in-class engineering function and acquired critical data expertise when we welcomed The Data Shed. “We’ve successfully expanded into the private sector, helping our clients scale while staying true to our founding belief — that exceptional services are built with humans at the heart of every decision. “Hippo has reached a pivotal moment in its growth journey, making this the perfect time to bring on a new strategic partner to support the next phase. Exponent’s investment provides the backing we need to continue investing in our capabilities and scaling the business as one of the UK’s leading independent digital services consultancies. “Importantly, this move also allows us to retain our independence and values, ensuring we can continue making the right decisions for our employees and clients. “Together, we have an exciting opportunity to design exceptional services built around real human needs. I’m excited to see what we can achieve together.” Mark Taylor, Partner at Exponent, said: “We are excited to be supporting a business that will play a critical role in unlocking the government’s strategy of digitising public services. “Hippo has established itself as a leading and trusted digital transformation provider and exemplifies the best of UK tech innovation, with an outstanding reputation in its core public sector market. We see a tremendous opportunity for the business to meet a wider range of customer needs and we look forward to working closely with the team in the years ahead.” The transaction is subject to regulatory approval, with completion expected in early April. Hippo was advised by several Yorkshire-based advisors, with KPMG providing lead advisory support, Squire Patton Boggs advising on legal, Park Place advising Management, and Grant Thornton assisting with financial and tax due diligence support.

Development of derelict Bradford site to kickstart key area of future regeneration

Development of a derelict site in Bradford centre is set to kickstart a key area of future regeneration in the city. Plans have been approved to convert the shell of the old Kingfisher House, which is part of Jinnah Court on Filey Street, into a state-of-the-art orthopaedic care centre. The site, just off Wakefield Road, falls within the Bradford ‘Southern Gateway’ – an area earmarked for major transformative regeneration. The ‘Southern Gateway’ regeneration plan includes a proposed new £2 billion rail station that would connect Bradford to Leeds in just 12 minutes and Manchester in under half an hour. It would create a thriving hub with new homes, offices, retail, and leisure spaces. Standard Health Group, the organisation behind the approved health centre plans, has said the work will be a significant step in addressing the demand for enhanced medical facilities in Bradford. Bradford Council’s Portfolio Holder for Regeneration, Transport and Planning Alex Ross-Shaw said: “It is a real boost for the area to have an initial investment at this level and we anticipate further such investment will follow in what will be a key area of regeneration for Bradford. This new facility will create a centre of excellence bringing with it new specialist skills, and employment opportunities.” Mark Cowgill, president of Bradford Chamber of Commerce, said: “This investment into Bradford is most welcome and a testimony to the faith entrepreneurs have in the city. “The fact that Standard Health Group has selected a site within the proposed ‘Southern Gateway’ zone is a sign of the incredible potential this landmark regeneration project has to deliver for the region. “This will provide yet another boost to a city economy which is heading very much in the right direction.” Dr Gorav Datta of Standard Health added: “Standard Health is delighted to obtain planning permission to convert Kingfisher House into a state-of-the-art orthopaedic ambulatory surgical centre. “There will be a considerable investment to provide digital operating theatres allowing the latest innovations in orthopaedic surgery including robotics, an imaging suite, and in-patient facilities to allow seamless patient pathways from admission to rehabilitation. “The facility will treat NHS patients and also contribute to the training of surgeons and nursing staff alike. We aim to provide the highest quality in patient care, with the best outcomes and patient satisfaction.” Owner of the property, Saleem Akhtar (SA Properties) said: “As SA Properties and Jinnah Group, we have been making a number of commitments to Bradford that has seen us invest millions into the city over recent years. “Going forward, we have more plans to invest in the Southern Gateway and local area and are excited about how the city finally moves forward on the back of the some of the initiatives being promoted by the Council. We hope Standard Health can become the early win for the Southern Gateway, which brings more investment in the area.”

Plans submitted to redevelop historic Penistone coal drops

A proposal has been submitted to transform Penistone’s derelict grade II-listed coal drops, signal house, and former railway siding into a mixed-use development featuring retail, office space, hospitality venues, and business units.

Developer Fairbank Investments plans to restore the site’s historic coal drop arches for retail use while adding over 4,000 sq ft of restaurant and bar space with an outdoor terrace connected to the Trans-Pennine Trail. The project also includes a 9,000 sq ft office block and four hybrid business units designed for flexible office or light industrial use. The signal house will be repurposed while maintaining its historical character.

Fairbank Investments, known for redeveloping the former David Brown factory site into a business park, aims to create economic opportunities and support local businesses. The planning proposal has been developed in consultation with local stakeholders, focusing on preserving the site’s heritage while integrating modern facilities.

Xeinadin strengthens northern presence with two acquisitions

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Professional services firm Xeinadin has acquired two accountancy practices, Barnsley-based Gibson Booth Ltd and King Hope, which operates in Northallerton, Darlington, and Hartlepool.

The acquisition expands Xeinadin’s network to 16 offices in northern England. Gibson Booth will now operate as Xeinadin Barnsley, while King Hope integrates into the firm’s regional structure. Gibson Booth’s Huddersfield office and its insolvency division in Barnsley remain independent.

The move enhances Xeinadin’s capabilities in agriculture, charities, and education sectors while providing acquired firms access to expanded resources, centralised support, and a broader UK and Ireland network.

Leadership from both firms cited the benefits of joining a larger organisation while continuing to serve local businesses.

Labour announces employment law reforms, including zero-hour contract ban

The UK Government has proposed changes to employment laws, including a ban on zero-hour contracts that will also apply to agency workers. The reforms, part of Labour’s Employment Rights Bill, aim to strengthen worker protections and regulate umbrella companies.

Business Secretary Jonathan Reynolds stated that agency workers must be included in the zero-hour contract ban to prevent loopholes. The Government believes that all workers should have contracts reflecting their regular hours.

Planned changes also include revisions to collective redundancy rules, which could extend the maximum protective award from 90 to 180 days if employers fail to meet consultation obligations.

Labour has also updated trade union regulations to align with modern work practices. Proposed measures include extending the validity of industrial action mandates from six months to a year and requiring a 10-day notice period before strikes.

The Government says these reforms aim to balance the interests of workers, businesses, and the public.

First Choice moves 80 staff to new Middlesbrough office

First Choice, part of the TUI Group, has relocated 80 staff to a new 4,500 sq ft office in Middlesbrough’s Six Centre Square. The team includes web development, contact centre, and sales and marketing staff from First Choice, Holiday Hypermarket, and Holidays for Heroes brands.

Ashall Projects developed the Grade A office space with £9.7 million in funding from the Tees Valley Combined Authority and a £2 million contribution from Middlesbrough Council’s Towns Fund.

Six Centre Square, which also houses AXA UK’s 500-strong workforce, is part of a broader effort to attract businesses and investment to Middlesbrough. Local officials highlighted the move as a sign of confidence in the area’s economic potential and improved infrastructure.

First Choice’s leadership cited the office’s modern facilities, central location, and transport links as key factors in the decision, reinforcing the company’s long-standing presence in the North East.

Tech-driven billboard operator 75Media secures investment for expansion

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Outdoor advertising firm 75Media has secured a seven-figure investment from NPIF II—Mercia Equity Finance to expand its AI-driven platform and expand internationally.

Since launching in 2020 with 140 billboard sites and two employees, the Leeds-based company has scaled rapidly, operating more than 1,200 classic and digital billboard sites across the UK. It recently acquired London-based iQ OOH and reported a 454% revenue increase last year.

The investment will accelerate the development of its AI-powered BOB (Billboard Optioning & Booking) system, designed to streamline ad placements. It will also support expansion into the US, Scandinavia, and the Middle East.

Alongside the funding, 75Media has restructured its leadership team. Founder Paul Inman is now CEO, Joel Turner has been promoted to managing director, and Joe Lawson is the new commercial director.

Mercia Ventures, which led the investment, highlighted 75Media’s ability to combine asset growth with technology-driven sales, positioning it as a disruptor in the outdoor advertising market.

Bakkavor posts strong results but absorbs UK restructuring costs

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Bakkavor Group reported a 4% revenue increase to £2.29 billion in 2024, with adjusted operating profit up 20.5% to £113.6 million. Despite overall growth, operating profit dropped to £93.4 million due to £20.2 million in exceptional costs tied to UK site closures.

The company credited its performance to volume growth across all markets and a focus on efficiency. Bakkavor aims to continue margin improvements in 2025, targeting a 6% profitability goal.

As part of a restructuring plan announced in late 2022, Bakkavor closed its Salads site in Sutton Bridge, Lincolnshire, and a Desserts facility in Leicester, affecting approximately 900 jobs. The company completed the transition in early 2023 to streamline operations.

Kingston Engineering invests in state-of-the-art Hwacheon Hi-Tech 200B turning centre

Leading precision engineering manufacturers, Kingston Engineering recently announced their plan to invest significantly in new machines throughout 2025. It has already proven to be a busy start to the year, with the installation of a new Hwacheon Hi-Tech 200B onto the machine shop floor at Kingston Engineering. This horizontal turning centre is a proven, multifunctional, highly customisable machine, equipped with advanced features to handle complex machining tasks. The Hwacheon Hi-Tech 200B is distinguished by its solid machine beds, wide flat guides and powerful drives capable of handling the most demanding machining requirements. It ensures the superior production and performance of ultra-precision complex components with intricate features. The Hwacheon Hi-Tech 200B is a welcome addition to the already extensive machine base at Kingston Engineering. Further investment in the first quarter of this year will see the delivery of a Hwacheon Vesta-1300B+ to the Kingston Engineering site on Pennington Street in Hull. This vertical machining centre is particularly suitable for ductile materials like copper, aluminium or steel and enables high cutting rates. It’s an exciting time for Kingston Engineering as they continue to invest for the future and lead the way in shaping precision engineering of the future.
Kingston Engineering Co. (Hull) Limited Pennington Street, Hull. East Yorkshire HU8 7LD email: sales@kingston-engineering.co.uk Web: www.kingston-engineering.co.uk

Gi Group advances diversity strategy with employee-led initiatives

Recruitment firm Gi Group is expanding its diversity and inclusion efforts across its 26 branches and 61 sites in the UK. The company has implemented “Let’s Talk” sessions—employee-driven discussions covering neurodiversity, racial allyship, women in leadership, and men’s mental health.

These initiatives aim to create an open, judgement-free space for employees to share experiences and perspectives, reinforcing the company’s commitment to inclusivity. With more than 500 employees, the programme is part of Gi Group’s broader strategy to embed diversity into workplace culture.

The company’s approach has earned it three nominations at the upcoming British Diversity Awards. However, leadership emphasises that the focus remains on driving long-term, meaningful change for employees, clients, and candidates.