Forth Photonics receives £6.1m

Scottish medical device company Forth Photonics has secured £6.1 million from NBGI Ventures, Scottish Enterprise and Albion Ventures, formerly Close Ventures.

Done Deals

Hertford International Group has acquired CEL, a cheque cashing and money remittance business from Provident Financial Plc, for up to £3.1 million in cash.

August Equity-backed Enara Group has acquired Beech Care and Nursing Agency, a privately-owned domiciliary care agency based in Hersham, Surrey. The terms of the deal have not been disclosed.

Clearview Acquisitions, a US investment company focused on developing projects domestically and overseas, has acquired Helix Wind, a global renewable energy company, in a reverse takeover.

Deals in the Pipeline

MedicX Fund Limited, the specialist primary care infrastructure investor in modern, purpose built, primary healthcare properties has announced that it is considering raising funds though an equity issue. The additional capital will be used as a war chest.

Henderson Group PLC has agreed to buy rival New Star Asset Management Group Plc for £115 million in cash and shares to become the fifth biggest UK asset manager.

Marc Barber

Marc Barber

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

Related Topics