Done Deals
Kendal-based Bluefin Insurance Services has acquired Lakeland Insurance Services for an undisclosed sum. Lakeland is based in Windermere and specialises in guesthouse insurance as well as SME and personal lines insurance.
Source: Insurance Times
Ringland Construction has been sold in a management buy-in led by MBI candidate Linda Green. The sale of the Sheffield-based firm will see co-founder Geoff Oakland remain as sales director while co-founder Harry Bell will leave the business. The size of the deal has not been revealed.
Accuity, the global payment data provider, has acquired London-based CB.Net, a reference data provider for the global banking community. The terms of the deal remain undisclosed.
Burton-based electrical contractor Controlrite has acquired Frederick Smith (Electrical) of Leicester, for undisclosed terms.
Private equity-backed RedShift Energy based in Illinois has bought Superior Solar LLC, a Florida-based solar energy design and installation firm focused on solar pool heaters, solar water heaters and photovoltaic systems used for producing solar electricity. The terms of the deal remain undisclosed.