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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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Playtech hedges its bets with Mobenga aquisition

AIM-listed Playtech, an Internet gambling software maker and content developer which has a joint venture with William Hill, has acquired Mobenga AB, a mobile-phone sports-betting company.

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Bubble & Balm secures £75,000 in crowdfunding first

Crowdfunding website Crowdcube, an investment platform that offers the mass market equity in small businesses, has closed its first investment, helping bodycare business Bubble & Balm to raise £75,000.

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North East acquisition deal

Technology Services Group (TSG) has purchased Rocket Solutions, in a deal which increases TSG's SharePoint and Business Intelligence (BI) services.

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Zeus Technology sold to Riverbed as VC firms exit

Scottish Equity Partners (SEP) and DFJ Esprit have exited internet infrastructure solutions business Zeus Technology as part of a sale to American IT performance company Riverbed Technology.

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Interest in cloud continues

US investment in UK cloud-based systems has continued with the acquisition of the Pachube service by LogMeIn.

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Expanding ECO Plastics in £24 million capital raising

Plastic bottle recycler ECO Plastics has raised £24 million from Ludgate Environmental Fund and Close Brothers to fund its expansion.

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Kudelski sells stake in Polyright

Identive Group, which provides products and services for the security, identification and RFID industries, has aquired Polyright SA, an identity management business for the education and healthcare markets.
Round-up of today's M&A deals

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Rolta acquires ACLS Systems

Mumbai-based information technology (IT) business Rolta has acquired public safety and response company ACLS Systems for an undisclosed amount.

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Aegis invests in multi media business

Communications and technology group Aegis has acquired a minority stake in TigerSpike for a total of $11 million (£6.83 million).

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Piper closes fifth fund at £107 million

Private equity firm Piper has closed its Piper V fund at £107 million, having exceeded the £80 million target.

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Quadnetics makes surveillance purchase

Alternative Investment Market (AIM) listed Quadnetics has made a purchase with the buy of German-based Indanet AG for €10 million (£8.7 million).

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Adobe acquires EchoSign

Adobe has acquired EchoSign, a business specialising in web-based electronic signatures and signature automation.
Round-up of today's M&A deals