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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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US deal for FFastFill

Software-as-a-service (SaaS) provider FFastFill has moved to boost its US business by acquiring WTD Consulting in a deal that could cost the company up to £7.7 million.

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Second Growth and Innovation Fund launched

The government has launched the second Growth and Innovation Fund that enables businesses to bid for grants in order to train and develop staff members.

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EIB commits £150 million to UK wind energy

The European Investment Bank has signalled a major commitment to the UK wind energy industry after agreeing to provide £150 million in funding for the Thanet Offshore Wind Farm in the South-East.

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Scottish buy for iomart

Cloud computing business iomart has made its second acquisition of the year, buying Scottish infrastructure service provider EQSN for up to £2.475 million.

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UK and Europe lead the way for buy & build

Buy & build activity by European private equity-backed businesses is still being dominated by regionalised transactions, new findings reveal.

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SMEs lack experience for deals

Over a third of UK small and medium-sized businesses (SMEs) lack the relevant experience for M&A, new findings reveal.

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Technology in transition?

James Klein, partner at Penningtons Solicitors, examines the outlook for M&A prospects in the technology sector.

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Microsoft buys to build Xbox

Global computing business Microsoft has acquired California-based VideoSurf, a move which will see new technology integrated into its Xbox entertainment system.

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Public offer launched for NVM’s Northern 2 VCT

Fund manager NVM Private Equity has launched a public offer of new ordinary shares for its venture capital trust (VCT), Northern 2 VCT, with a target of raising up to £15 million.

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HouseTrip secures $17 million in second round financing

Holiday apartment website HouseTrip.com has completed a $17 million (£10.9 million) Series B funding round, ten months after closing a first round, that will fund product development and marketing campaigns.

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Electric future for Route Monkey after investment

The Finance for Business North East Technology Fund has made a £500, 000 investment in Route Monkey, a provider of software for vehicle operators.

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Digital Barriers acquires Stryker Communications

Surveillance business Digital Barriers has made its fourth acquisition of 2011 with the purchase of Stryker Communications.