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Scheme document published for the £186 million Recommended Cash Acquisition of Augmentum Fintech plc by Frontier BidCo Limited

March 2026

 

Augmentum Fintech plc is a London-listed investment company focused on investing in high-growth fintech businesses across the UK and wider Europe. Since its IPO in 2018, Augmentum has built a diversified portfolio of private fintech investments, supporting innovative companies across the sector.

Frontier BidCo Limited is a newly formed company indirectly and wholly controlled by Verdane Fund Manager AB, acting in its capacity as manager of Verdane Freya XII Investments AB, a private equity investor with extensive experience in technology growth investments.

On 25 February 2026, the boards of directors of Augmentum and BidCo announced that they had reached agreement on the terms of a recommended all-cash acquisition of the entire issued and to be issued ordinary share capital of Augmentum, to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006.

 

Publication of the Scheme Document

The Perivan shareholder communications team was delighted to work with Cavendish and Stephenson Harwood on the Scheme and associated documents, which were successfully published and posted to qualifying shareholders on 20 March 2026.

For further information, click here.

 

Perivan specialises in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and is a market leader in the production of documentation relating to Mergers & Acquisitions.