Private equity firm Livingbridge has made two investments, backing Catalyst, a financial markets consultancy, and Mobysoft, which provides predictive software for social housing providers.
Both investments have been made from its Enterprise 2 Fund.
Catalyst was founded in 1994 and provides regulatory-driven change, organisational improvement and talent development programmes to global financial markets companies. Its clients include nine of the world’s top 12 investment banks, and it holds a Queen’s Award for Enterprise in recognition of its global impact.
Livingbridge’s investment will enable Catalyst to grow both organically and through strategic acquisitions.
Mobysoft was founded in 2003 and its software is used daily by 91 social housing operators managing around one million properties. Its core product, RentSense, is a Software as a Service (SaaS) based predictive analytics service which delivers accurate and prioritised workload to social landlords.
Livingbridge’s investment will enable Mobysoft to invest further in its workforce and extend the use of predictive analytics into other areas of social housing.
Commenting on the Catalyst investment, Andrew Middleton, CEO at Catalyst, said: “Our ambition is to become Europe’s leading financial markets specialists. Working with such a respected investor as Livingbridge will enable us to build on the momentum we have already generated and accelerate our growth to establish Catalyst as the unrivalled choice for specialist financial markets consultancy.”
Commenting on the Mobysoft investment, Derek Steele, founder and CEO of Mobysoft, said: “Mobysoft has grown rapidly over the last few years, as more landlords chose to deploy RentSense. This investment will enable us to bring to market other complementary software solutions, based on predictive analytics, that can help social landlords deliver further significant efficiencies. Livingbridge has strong experience in helping businesses like Mobysoft and I look forward to working with them to take us to the next stage of growth.”