Luminii provides CDD support to Maven on their investment in Turnkey
Luminii are delighted to have provided Commercial Due Diligence (CDD) support to Maven on their investment in Turnkey, a purpose-led environmental, social and governance (ESG) technology software and analytics platform.
Based in London and Singapore, the company works with a multitude of organisations across the financial, investment and corporate sectors to help them aggregate, strategize, and report on their ESG data.
Utilising their innovative SaaS platform, Sustainion, Turnkey works with businesses to map performance against ESG frameworks and regulatory requirements, while highlighting opportunities to mitigate risk, boost operational efficiency and save costs.
The investment from Maven is a significant milestone for the company. The funds will be invested across three key areas: people, product and performance, and will enable future expansion plans. While a significant portion of Turnkey’s growth to date has been in Asia, the funding will fuel the company’s expansion across other regions, including Europe. Along with adding more employees and locations, the company wants to expand its technology platform to make sure that its solution stays at the cutting edge of innovation in a market that is changing quickly.
"Luminii are delighted to have supported Maven on this transaction. This is yet another deal that helps to further strengthen our credentials in the TMT and ESG sectors, having worked on several deals in this space recently. We wish Maven's and Turnkey's management team continued success for the future." - Lushani Kodituwakku, Managing Director, Luminii Consulting
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