News
Keep up to date with the lastest news from the team and our portfolio companies
LDC exits Blis for an estimated $175m!
Blis, which was a Meridian investee company for seven years has finally sold to T-Mobile in a deal that was announced during March 2025.
TMA Acquires Auditel
Meridian advised TMA on the continued expansion of its capabilities by acquiring Auditel, a leading provider of procurement and carbon solutions. The Auditel team’s expertise enhances TMA’s ability to offer impactful solutions for end-users and better service TPIs alike. This will allow the combined businesses to unlock new insights into energy data, bringing added value by supporting clients in measuring and reducing carbon emissions.
Secondary Investment
In September 2024, Meridian supported the next stage in Diametric’s journey with a strategic reinvestment alongside management. Philip Mettam joined the Board in a non-executive capacity to support the Directors with their strategic growth plans over the coming years.
Finalist - Private Equity Firm of the Year 2024
Meridian and the team are thrilled to be nominated as finalists for the Private Equity Firm of the Year at the Solent Deals Awards 2024.
Marking its 15th anniversary this year, Meridian Growth Capital manages a diverse portfolio of 10 companies, many of which are locally based.
Happy 70 Years Young Hal!
Many congratulations to Hal Philipp, our friend, colleague and one of the original founders of Meridian Growth Capital who recently celebrated his 70th birthday at a lavish party in Switzerland.
A quick round up
2023 was a great year for the Meridian team as we saw significant growth in the Growth Capital side of the business with a new investment in the travel sector, and a follow on investment in TMA Data Management.
2024 has gotten off to a flying start with two acquisitions in progress within the MGC portfolio!
Meridian increase their shareholding within TMA
Given the dramatic changes that have occurred in the UK energy market, TMA has sought to take advantage of its position as a leader in the UK data energy industry. This has necessitated key hires at Board level and the entry into several important strategic partnership agreements.
Meridian crowned Private Equity Firm of the Year 2023
The Meridian team are thrilled to share with you the fantastic news that we were awarded Private Equity Firm of the Year at last night’s Solent Deals Awards 2023!
Meridian exits Blis after sale to LDC and Maven
Meridian’s investee company, Blis, the audience-first platform that doesn’t rely on personal data, have announced that LDC and Maven Investor Partners, have entered an agreement to make a significant investment in the company.
Meridian portfolio company TMA expand
With TMA's growing need for workspace as they continue to expand comes a need for relocation. As a result, TMA has signed for The Smith office building (a mere 140 yards from their current premises in Kingston-upon-Thames) resulting in the town's largest letting of the year to date.
23.5 Degrees open three more Starbucks stores
Within in a week 23.5 Degrees open three more stores bringing their total up to 97. They are still on target to reach their ambitious growth plans for 300 stores by the end of 2027!
23.5 Degrees has invested more than £28 million into the UK economy since the opening of their first store in 2013 through building and buying stores.
Zenergi shortlisted for two awards
Following their successful sale to ECI in February 2022, Zenergi have been shortlisted for both Large Deal of the Year and Management Team of the Year at the Business Magazine's Solent Deals Awards 2023.
Meridian shortlisted for PE Firm of the Year
Meridian is delighted to have been shortlisted for The Business Magazine's Private Equity Firm of the Year Award at this year’s Solent Deals Awards 2023.
Diametric - Award Winning
Meridian's portfolio company Diametric are awarded Small Business of the Year at the Isle of Wight Chamber Business Awards 2022. This is a true testament of the first class service they provide to their loyal customer base.
Newswhip raise €12.1m
The investment comes from AshGrove Capital and will allow Newswhip to achieve its growth plans and boost its product, as well as increasing its engineering team and grow staff numbers by more than 50% in the next three years.
Diametric celebrate 40 Years
An absolute privilege to join the Diametric team on the Solent for a day of Ribbing and treasure hunting as they celebrate their 40th anniversary.
ECI invests in Zenergi
ECI announce their investment in Meridian's ex portfolio company Zenergi, a leading energy and sustainability services provider, with a focus on the education, healthcare and social housing sectors.
D R Communications join Meridian's portfolio
DRC underwent a management buy-out and as part of this transaction Meridian invested with Darren Thompson joining the board as an investor.
Since joining Darren has introduced two key appointments by way of a new Manging Director, Sue Elliott and Chairman, Roger Flynn, both of which are highly experienced and have previous acquisition experience.



















