Head of M&A Ng Yi Wayn successfully acted for Turnkey Group in securing a £2.5 million boost in funds from Maven Capital Partners
Oon & Bazul’s M&A Practice successfully acted for Turnkey Group (“Turnkey”), an award-winning sustainability solutions provider providing modular, customisable ESG risk management solutions for the financial sector, supply chains, corporate sustainability and investment communities, to secure a £2.5 million boost in funds from Maven Capital Partners (“Maven”), one of UK’s leading private equity and property manager.
The capital injection, to be invested across Turnkey’s three (3) key areas: people, product and performance, will facilitate and accelerate Turnkey’s five-year growth plan including its expansion across other regions in addition to Asia, including Europe. The first round was released in September last month and the second round is targeted to be released within Q1 of 2023.
Turnkey works with businesses, using their innovative SaaS platform, Sustainion, to map performance against ESG frameworks and regulatory requirements while highlighting opportunities to mitigate risk, enhance operational efficiency and minimize costs. Turnkey’s technology platform supports company strategies beyond compliance, providing detailed insights into a company’s ESG performance in realtime.
The company is enthusiastic in making headways with their technology platform to ensure that their solution remains at the forefront of innovation in a rapidly evolving market.
Corporate Partner and Head of M&A Ng Yi Wayn led the team in this transaction.