Done Deals

• Runcorn-based Phoenix Medical Supplies has acquired Computer Systems for Distribution of Stafford for an undisclosed sum. Source: Crain’s Manchester Business
• Cambridge-based CSR has acquired SiRF, the US manufacturer of microchips for GPS systems, in an all-share deal worth £91 million. Following completion, SiRF shareholders will own some 27 per cent of the enlarged CSR group.
• Morse Plc, the IT services and technology company, has disposed of its loss-making UK and Jersey investment management consultancy business to Navigant Consulting, an intenational management consultancy listed on the NYSE, in a deal worth up to £1.7 million.
• Bachy Soletanche has bought Simplex Foundations, the North East-based piling contractor, from Norwest Holst for undisclosed terms.
• PR company Paver Smith, with operations in Liverpool and Manchester, has scooped Pazang PR, the Wilmslow-based public relations agency.
• Bath-based printing firm Ralph Allen Press has been bought by its management for an undisclosed sum. Source: UK Business Activity Report

Deal in the Pipeline

• Patsystems, which provides software derivatives and other electronic trading, is scouting acquisitions after lifting annual profits 23 per cent.