Today’s headlines include Modus Private Equity’s £11.4 million investment in Fish Administration and marketing specialist Twenty buying Ominor for some £7.9 million.
Today’s headlines include Modus Private Equity’s £11.4 million investment in Fish Administration and marketing specialist Twenty buying Ominor for some £7.9 million.
Done deals:
- Support services group Mouchel Parkman has entered the business process outsourcing market after buying Hyder Business Services from private equity firm Terra Firma for £46.2 million
- Leisure operator, developer and investor Clerkenwell Venture has completed a second round fund raising of £25.6 million to pursue acquisitions
- Beacon Graphics has extended its print services with the purchase of Vision Print & Design for an undisclosed sum
- Entrepreneur Tony Wilson has bought US-based vehicle exhaust manufacturer ArvinMeritor’s European subsidiary for more than £10 million
- Modus Private Equity has backed insurance administrator Fish Administration with £11.4 million of development capital
- Electronic manufacturer Elektron plc has bought engineering components maker Sifam for an initial £2 million in cash
- Integrated IT and communications service provider Glen Group has acquired IT professional services and value added reseller inGroup for £1.35 million
- Marketing company Twenty has bought e-commerce specialist provider Ominor for up to £7.9 million
- Securitas has added to its cash handling business with the acquisition of Brink’s Incorporated for undisclosed terms
Deals in the pipeline:
- China Goldmines, the gold mining company launched by entrepreneur Karl Watkin, is to raise more than £1.2 million by placing 900,000 shares on AIM
- Homeserve is looking to expand its property repair and emergency claims business with the acquisition of Reparalia of Spain for undisclosed terms
- Engineering group IMI has agreed to acquire 70% of Switzerland-based indoor water conditioning manufacturer Pneumatix for £15.5 million
- Adult content to mobile phones provider Interactive World has bought publisher Sports Newspapers for some £50 million in a reverse takeover
