Weldfast UK Limited, a Newable Capital’s portfolio company, has made its first bolt-on acquisition.

Newable Capital invests in the leading independent manufacturer and distributer of coffins, caskets and other related products to the UK funeral market.

Founded in 1992, and based in Bath, Dancerace offers a best-in-class receivables finance software operating system, along with training, consultancy and support services to help customers get the most value from their software.