IT Solutions and Acutec merge

Coventry-based IT Solutions has merged with Coleshill-based rival Acutec. The details of the deal were not disclosed. For more deals click here.

Other Done Deals

  • Waltham Cross-based security company SectorGuard Plc has acquired Legion Group Plc, a parking services and security company, for a nominal fee.
  • Welsh recruitment firm Agg Jones Search and Selection has received £475,000 from the Welsh Assembly Government and HSBC to extend its geographical coverage.
  • Banco Santander Brazil has acquired a 50 per cent stake of the insurance company Real Tokio Marine Vida e Previdencia from Tokyo Marine for £208 million.
  • Swedish packaging company Korsnäs AB has acquired Rockhammars Bruk, a producer of chemical pulp, from Rottneros AB for SEK 145 million (£11.5 million).
  • Birmingham-based Comply Serve, a developer of web-based project compliance management systems geared to large engineering and construction projects, has secured £800,000 from venture capitalists Catapult Venture Managers and Midven, as well as from private investors.
  • Banexi Capital Partners, a French private equity firm, has been acquired by its management team and renamed Azulis Capital. The terms of the deal were not disclosed.
  • Spanish private equity firm GED has acquired an 80 per cent stake in Romanian medical distributor company Diamedix for £11 million via its GED Eastern Fund II.

Nick Britton

Nick Britton

Nick was the Managing Editor for when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

Related Topics

Early Stage Funding