Praetura Ventures & Par Equity Unite to Form 670m PXN Group

Praetura Ventures and Par Equity have announced a merger forming the PXN Group, a formidable Northern investment entity with assets exceeding 670m. Both firms have accomplished significant growth in assets since 2021, making PXN Group the most rapidly expanding investment firm outside of London and the South East. This merger, pending FCA approval, will provide PXN Group with the capability to offer equity investments ranging from 200,000 to 8m across various sectors and growth stages. Leaders Dave Foreman and Paul Munn emphasize the merger's regional dedication to fostering ambitious founders. Praetura Ventures has experience backing high-growth entities, while Par Equity is recognized for supporting tech firms using angel networks and managed funds. The new entity will sustain its operations from current office locations, managing existing funds without significant changes.