About

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.

News

Clydesdale Bank commits growth finance for CamSemi

Cambridge semiconductor company CamSemi has secured a growth finance deal from Clydesdale Bank ahead of further product launches later this year.

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Endless closes third fund at £220 million

UK turnaround fund Endless has closed its third fund at £20 million just ten weeks after starting its fundraising.

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K3 purchases FD Systems to expand Sage offering

Software solutions provider K3 Business Technology Group has acquired FD Systems (FDS), which specialises in Sage and e-commerce products, for £2.23 million.

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Moonpig.com sold to PhotoBox for £120 million

Online greetings card retailer Moonpig.com has been sold to online digital photo service PhotoBox for £120 million in a merger that will create one of Europe's largest personal publishers.

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Bumper £7.5 million dividend for YFM VCT

YFM Equity Partners will pay out £7.5 million in dividends to shareholders of its British Smaller Companies Venture Capital Trust (BSC VCT) - one of the largest generalist VCT dividends in a decade.

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Oracle Buys Ksplice for rapid Linux updates

Oracle Linux has been enhanced with Zero Downtime Software Updates following the acquisition of startup company Ksplice.
Round-up of today's M&A deals

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Universities to launch £2 million Welsh venture fund

Aberystwyth and Bangor universities will jointly launch a £2 million venture capital fund early next year that will inject equity finance into small and medium-sized enterprises in mid and north Wales.

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Acer builds cloud services

Computer manufacturers Acer has acquired US-based iGware in a deal which could rise to $395 million (£42 million).

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LogMeIn acquires Silicon Roundabout start-up Pachube

Silicon Roundabout start-up Pachube has been acquired by US-based LogMeIn for $15 million (£9.2 million) in cash a year after public release.

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Atlas Genetics closes £16.9 million Series B financing

Novartis Venture Funds has led a £16.9 million Series B financing for Atlas Genetics that will be used to accelerate the launch of a new product for the testing of sexually transmitted diseases (STDs).

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Imperial injects £4 million in Stanmore Implants

Stanmore Implants, a developer of orthopaedic implants, has secured £4 million in equity investment from Imperial Innovations Group as the company launches a new product in the US.

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UK business bought out by Stratos

Canadian-based telecommunications business Stratos Global has purchased the operational assets of Blue Ocean Wireless.