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

Business failure drop raises recovery hopes

The number of businesses going bust has dropped for the first time in more than a year, according to business information provider Equifax.

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Giraffe restaurants to expand with Tootsies deal

Private-equity backed restaurant group Giraffe has agreed to purchase eleven outlets from bust burger chain Tootsies.

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Keller Group buys Resource Holdings  

Engineering company Keller Group has agreed to acquire Singapore-based Resource Holdings for S$68.2 million (£30.6 million).

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Linkdex nets seed funding

Web search specialist Linkdex has secured €650,000 (£605,000) from European technology investor Amadeus Capital Partners.

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Gomez sold for $295 million

US web application specialist Gomez has been acquired by software company Compuware, providing an exit for its private equity investors.

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Parkmead acquires Aupec

The Parkmead Group, a London-based merchant bank, has agreed to acquire consultancy Aupec through the issue of 235.3 million shares and £1 million in cash. 

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Economic growth on the horizon?

Economic uncertainty is still prevalent among CEOs, but there are hopes that the economy will turn a corner, a new study by the Institute of Directors has found.

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Homeserve in MBO

Homeserve Emergency Services (HES), a service provider to domestic insurance companies, has been bought out by private equity firm LDC for £11 million.

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Dailymotion in the black, raises £14m 

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Sceptre Leisure on the acquisition hunt

Leisure and gaming group Sceptre Leisure is looking for acquisitions after lifting annual turnover 86 per cent to £39.2 million.

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Praesepe buys gaming centres

Gambling concern Praesepe has added to its recent acquisition of The Crystal Rooms with the purchase of 13 gaming centres in South West England and Wales for £6.3 million. 

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Recovery hits stumbling block

The trend of rising output expectations has gone into reverse, according to research from accountancy firm BDO Stoy Hayward.