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).

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Syniverse buys WSI

Syniverse Technologies, a Florida-based telecommunications company, has acquired the assets of Florida-based rival Wireless Solutions International for an undisclosed sum. For more deals click here.

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Xchanging snaps up FSB

Xchanging, a London-based professional services firm, has acquired the FondsServiceBank (FSB) business unit, the Germany-based investment funds administration business of DAB bank AG, for up to €21.4 million (£19.1 million) in cash. 

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Europa Capital goes shopping

Europa Capital, a UK independent real estate fund management group, has acquired Berlin shopping centre Forum Steglitz from Hammerson Plc, a FTSE-100 real estate investment trust, for €70 million (£62.7 million).

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Sword sells Scottish business

Sword Group, a provider of business applications to the world’s largest companies, has disposed of a 77.5 per cent stake in its Scottish services operation to its management for an initial £27.8 million in cash. 

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Close Invoice Finance buys Ulster Factors

London-based Close Invoice Finance (CIF), part of the FTSE 250 banking group Close Brothers, has acquired a business in Northern Ireland.

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Salads to Go bought by French company

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Sword Group sells UK businesses via MBO

French IT company Sword Group has sold its two UK businesses for £27.8 million in a deal backed by Close Growth Capital.

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Bowman International buys Oilite Bearings

Oxfordshire-based bearings and sintering specialist Bowman International has acquired most of the assets of Ipswich-based manufacturer Oilite Bearings, for an undisclosed sum. Oilite has been in administration since the end of 2008.

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Hydrodec in asset sell-off

Hydrodec Group Plc, an international provider of advanced oil and chemical process technology, products and services to industry, has sold its condition monitoring business to Healey Energy Services Pty for up to AU$800,000 (£401,000).

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Velti gets some Ad Infuse

Velti, an AIM-listed specialist in mobile advertising, has acquired US-based rival Ad Infuse Inc. The terms of the deal were not disclosed. 

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AnaCap buys Ruffler

AnaCap Financial Partners, a London-based private equity fund manager that specialises in the financial services sector, has acquired Ruffler Bank Plc for an undisclosed sum. 

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iomart acquires RapidSwitch

iomart Group Plc, an AIM-listed data and hosting services company, has acquired rival RapidSwitch for £5.25 million in cash.