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

Staffline buys The Workplace

Staffline, a Nottingham-based recruitment firm, has acquired Yorkshire rival The Workplace for an undisclosed sum. 

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AMEC buys Arcas

International engineering and project management group AMEC Plc has acquired Canada-based Arcas Consulting Archeologists for £300,000 in cash.

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Paddy Power buys IAS

Irish bookmaker Paddy Power Plc, through its Australian subsidiary Sportsbet, has acquired Melbourne-based rival International All Sports (IAS).  The terms of the deal were not disclosed. 

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Amplin buys Fortis Corporate Insurance

London-based insurer Amlin Plc has acquired Fortis Corporate Insurance (FCI), a provider of corporate property and casualty insurance in the Netherlands and Belgium, from the State of the Netherlands for €350 million (£301 million).  

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The Foundry in MBO

The Foundry, a London-based visual effects software developer, has been sold in a management buy-out led by CEO Dr Bill Collis and the original founders and backed by Advent Venture Partners. The terms of the deal were not disclosed. 

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Nexit Ventures backs Aava Mobile

Aava Mobile, a Nordic mobile phone software developer, has received €3 million (£2.6 million) from Nexit Ventures. 

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Mesuro nets a million

A developer of power amplifiers for mobile phone networks has raised £1 million in its first equity funding round.

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McKinnon & Clarke powers up in UCA deal

Dunfermline-based energy consultants McKinnon & Clarke has acquired Kent-based rival Utility Cost Analysis (UCA) for an undisclosed sum.  

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NorthStar backing for Antix

Gaming specialist Antix has received $3 million (£1.8 million) from investors including NorthStar Equity Investors (NSEI) and Hotspur Capital.

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Praesepe acquires Gaming Centres

Praesepe Plc, a Milton Keynes-based gaming business has acquired Bolton-based rival Issue Depth Limited and its subsidiary, Classic Leisure (Northern) Limited, for £1.5 million. 

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Mediaburst acquires Promptext

Cheshire-based marketing company Mediaburst has acquired Oxfordshire-based rival Promptext for an undisclosed sum.

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Daniel Stewart raises £1m

Smaller company-focused Daniel Stewart Securities has raised £1 million at a discounted 2p and strengthened its top team.