Wilson Partners provided financial due diligence services for Beach Equity Investments LLP in respect of the proposed investment in Whitespace Global Limited and its subsidiary undertakings.
Deal overview
Beach Equity announced its investment into Whitespace as part of their £10m ($13m) Series A funding round.
The investment accelerates Whitespace’s strategic growth and the next phase of ‘Collective’, the AI operating system for high-risk environments, now powering multiple Defence and National Security missions.
Whitespace’s technology is already operational within UK Defence, supported by a growing network of partnerships that advance the UK’s sovereign AI readiness. The company is also among a select group of four SMEs awarded an enterprise agreement by the Ministry of Defence (MoD) – a framework designed to streamline collaboration and procurement with trusted UK technology companies across the defence ecosystem.
Beach Equity is a leading small business buyout and growth investment specialist providing investors with direct and portfolio access to its private equity investments.
Corporate Finance Director, Tom Bradbury commented: “It is always a great pleasure for us to be working with and supporting Beach Equity on their transactions! Can’t wait to be working with them again in the near future.”
Sector:
Build Sovereign AI
Deal amount:
£10m
Services provided:
Financial Due Diligence