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Nick Britton

Nick Britton

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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

SoundCloud raises €2.5 million

Doughty Hanson Technology Ventures has invested €2.5 million (£2.2 million) in internet audio platform SoundCloud.

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YFM continues to invest

Leeds-headquartered venture capital firm YFM invested £5 million across the UK in the first quarter of the year, £1.8 million of it in the North West.

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Kenmare’s fortunes change

Mineral sands producer Kenmare Resources has turned a £6.4 million loss into annual pre-tax profits of £230,000.

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Chesnara buys Moderna Försäkringar 

Preston-based life assurance company Chesnara Plc has announced its acquisition of Swedish rival Moderna Försäkringar Liv AB from Moderna Finance AB, for SEK250 million (£20.1 million) in cash.

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Domino buys Labeljet

Cambridge-based Domino Printing Sciences Plc has acquired Portugal-based rival Labeljet SA and its subsidiary Marque TDI for up to €7 million (£6.2 million). 

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DontStayIn.com achieves sale

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Sanofi-aventis completes BiPar deal

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ARH to acquire Frontier IP

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Large companies worst late payers

Three in five businesses are struggling with cashflow because their clients are delaying payments, and large companies are the worst offenders.

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Leed Petroleum expands base

Leed Petroleum Plc, a UK-based oil and gas company that focuses on the Gulf of Mexico, has acquired the Ship Shoal Block 202 from Mariner Energy for $150,000 (£100,000) in cash.

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Anglia Business Solutions acquires IT rival

Cambridge-based IT company Anglia Business Solutions has acquired Norwich-based rival Supply Chain Systems from its US parent AgriWise for an undisclosed sum. For more deals click here.

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Blue Oar becomes Astaire

Broker Blue Oar is changing its name to Astaire after losing £16 million.