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Second round Regional Growth Fund recipients

Second round recipients of the Regional Growth Fund have been named.

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Educated buy for Lumesse with Edvantage

Talent management software provider Lumesse has completed the acquisition of Norweigen software-as-a-service (SaaS) education company Edvantage Group for an undisclosed amount.

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Be At One to become bigger after £8 million investment

London cocktail bar chain Be At One has secured £8 million from private equity firm Piper that will fund a nationwide roll-out.

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Return to solar investment for Ingenious

Investment and advisory group Ingenious has announced a return to solar investment with the launch of two new Enterprise Investment Scheme (EIS) funds that aim to invest in sustainable businesses and projects around the UK.

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Mercia launches Mercia Growth EIS Fund

Technology companies operating in the medical, clean energy, electronics, telecoms and software sectors will be the target of a newly launched Enterprise Investment Scheme (EIS) fund from Mercia Fund Management.

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Socialbakers backs up fundraising with deal

Social media analytics company Socialbakers, on the back of its recent £1.3 million financing round, has acquired Social RSS.

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Complete Telecom makes native buy

Complete Telecom, a telecom services provider based in Dublin, has acquired Intellicom, for an undisclosed amount, as it looks to build its cloud services.

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Exporters report trouble accessing credit

Manufacturers expect ‘sizeable falls in activity’ over the next three months after a spike in the number of exporters being hampered in accessing credit or finance, research finds.

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Complete Telecom makes native buy

Complete Telecom, a telecom services provider based in Dublin, has acquired Intellicom, for an undisclosed amount, as it looks to build its cloud services.

News

Exporters report trouble accessing credit

Manufacturers expect ‘sizeable falls in activity’ over the next three months after a spike in the number of exporters being hampered in accessing credit or finance, research finds.

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Sony takes Ericsson’s stake in JV

Electronics business Sony is to acquire Ericsson's share of telecoms joint-venture Sony Ericsson in a deal which will see the Swedish-based business net €1.05 billion (£918 million).

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Ageing pottery business secures £5 million

More than 100 jobs will be created in Stoke-on-Trent after the last working pottery in the UK secured £5 million of government and private funding to expand its operations.

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UK exit for Matrix nets swift returns

Matrix Private Equity Partners has exited its investment in portfolio business App-DNA Group for US$92 million (£58 million).

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Cambridge start-up Aveillant spun out with venture backing

Technology start-up creator Cambridge Consultants has spun off Aveillant and attracted investment for the new venture, which is developing 3D holographic radar that aims to improve aviation safety.