Maven Capital Partners has backed Old Town firms Pagabo and Spyro. :
Two Hull businesses have attracted significant investment from a major private equity house as they focus on delivering efficiency for the construction sector. Pagabo, a procurement services specialist, and Spyro, a contract management and compliance software provider - under the same ownership - have been backed by Maven Capital Partners. The undisclosed deal will see a formal group of companies created for what Maven describes as “highly complementary propositions which provide a compelling end-to-end solution for public sector and large enterprise clients when managing complex construction projects”.