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Todd Cardy

Todd Cardy

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Todd was Editor of GrowthBusiness.co.uk between 2010 and 2011 as well as being responsible for publishing our digital and printed magazines focusing on private equity and venture capital.

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Wireless Logic snapped up by ECI as Peter Jones exits

Dragons’ Den investor and serial telecoms entrepreneur Peter Jones has sold IT communications business Wireless Logic to the company’s management and private equity firm ECI Partners for £38 million.

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Aegis acquisition of Pjure

Marketing and research company Aegis has acquired Pjure, an Austrian-based digital agency.

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ECI acquires Peter Jones’s Wireless Logic

Entrepreneur and investor Peter Jones has disposed of his interest in Wireless Logic to private equity firm ECI Partners and management in a deal worth £38 million.

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Ingenious positioning to sell festival stakes

Entertainment-focused VCT manager Ingenious Ventures is positioning to exit some of its music festival investments before the end of the year.

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eBECS acquires the business and key assets of fellow Microsoft Gold Partner

Microsoft Dynamics reseller, eBECS, has acquired the business and key assets of Microsoft Gold Partner business services consultancy ePartners UK.
Round-up of today's M&A deals

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Groupalia adds $26 million for global growth

Index Ventures, the London-based technology investor, has joined a $26 million (£15.9 million) financing for online group buying business Groupalia.

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Energize Capital makes US deal

Trumeter Technologies is set to double the size of its Florida-based operations with the acquisition of US firm Redington Counters in a deal backed by Energize Capital.
Round-up of today's M&A deals

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Pearson acquires Stark to expand offering in Germany

UK publishing company Pearson has acquired Germany-based Stark Holding from European investors Syntegra Capital for an undisclosed sum.

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Banks fail to meet Project Merlin half-year target

The five major UK banks have lent £37.3 billion to small and medium-sized enterprises (SMEs) in the first half of this year, less than half of the agreed £76 billion target under Project Merlin.

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Allocate Software deals again

AIM-listed Allocate Software has made its second acquisition in two months with the purchase of Zircadian Holdings as part of a strategy to build its healthcare products range.

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Citrix looks to virtual desktop

Software-as-a-service (SaaS) business Citrix has acquired virtual desktop company RingCube.

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HTC and Beats Electronics to make music together

Smartphone maker HTC is to buy a 51 percent stake of US-based company Beats Electronics for £190 million in an effort to fend off rising competition and enhance its branding.
Round-up of today's M&A deals