About

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary Communications at The Association of Investment Companies (AIC).

News

Final chapter for Borders 

UK book retailer Borders has gone into administration and appointed restructuring firm MCR to handle the insolvency.

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Government propping up regional venture capital

Venture capital (VC) investing outside London and the South East depends heavily on public sector funds, according to a study.

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C&C Group buys Gaymers

Drinks manufacturer C&C Group has agreed to acquire The Gaymer Cider Company from Constellation Brands for £45 million.

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eCommera secures £1.3 million 

London-based e-commerce provider eCommera has secured £1.3 million in investment from private equity firm ePlanet.

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Lab21 buys Delphic Diagnostics

Healthcare diagnostics company Lab21 has acquired Delphic Diagnostics from its administrators BDO. The terms of the deal were not disclosed.

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Wellington backs Heliatek

German solar cell producer Heliatek has received $27 million (£16.3 million) in a funding round led by venture capital firm Wellington Partners.

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Allocate to buy Time Care

London-based software provider Allocate has agreed to acquire a similarly focused Swedish venture for a gross £12.4 million, funded by a new £8.3 million fundraising at a small discount. 

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Heliatek in funding round

German solar cell producer Heliatek has received $27 million (£16.3 million) in a funding round led by venture capital firm Wellington Partners.

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PwC acquires Paragon 

Professional services firm PricewaterhouseCoopers (PwC) has acquired Paragon Consulting Group for an undisclosed sum. 

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Green spending put on hold

Many growing businesses have had to reduce their environmental expenditure in order to cut costs.

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More funding for eCommera 

eCommera, a provider of online services to the retail industry, has secured £1.3 million from private equity group ePlanet.

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Orolia buys McMurdo

French electronics specialist Orolia has acquired McMurdo, a manufacturer of marine safety equipment, for $10 million (£5.9 million).