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

Recovery for Plastics Capital

Business is picking up at acquisitive Plastics Capital, which has reported interim pre-tax profits up 150 per cent to £1.5 million.

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Tawa buys PRO

AIM-listed insurance consolidator Tawa has agreed to acquire the PRO group of insurance companies from Swiss Re for up to £38 million.

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Alchemy Partners exits EPS

Venture capital investor Alchemy Partners has sold its stake in Environmental Property Services (EPS), a maintenance company.

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MBL Group acquires GMV

MBL Group, a distributor of home entertainment products, has agreed to acquire Global Media Vault (GMV) for up to £839,030. 

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Menicon buys DTCL

Contact lens manufacturer Menicon has acquired Northampton-based rival David Thomas Contact Lenses (DTCL) for an undisclosed sum. 

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Veale Wasbrough merges with Vizards 

Bristol-based law firm Veale Wasbrough has merged with London rival Vizards Tweedie. The terms of the deal were not disclosed.

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Buy-in at Pasta King

Devon-based food company Pasta King has been sold in a £13 million management buy-in led by Howard Farquhar and Mike Cole, who will become managing director and chairman respectively.

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Octopus launches Titan VCT 4

Early-stage and growth investor Octopus Investments is seeking £25 million for its Titan 4 venture capital trust (VCT).

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ScriptSwitch sold to UnitedHealth 

Medical software company ScriptSwitch has been sold to the UK division of US-based UnitedHealth for an undisclosed sum.

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Pay squeeze for AIM directors

The average pay of chief executive officers and finance directors of AIM-quoted companies has fallen since last year.

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ISIS exits Scriptswitch

Scriptswitch, a provider of software for GPs, has been sold to US healthcare group UnitedHealth as backer ISIS exits the company.

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Finance Wales backs laundry expansion

Afonwen Laundry, which has two sites in Wales and a sister company in Leeds, has received funding of £1 million from Finance Wales.