Lumison makes second acquisition of 2011
IT business Lumison has purchased DediPower Managed Hosting in its second acquisition of the year, following its purchase of Blue Square Data for £22 million in March.
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IT business Lumison has purchased DediPower Managed Hosting in its second acquisition of the year, following its purchase of Blue Square Data for £22 million in March.
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The post-recessionary period is being characterised by secondary and management buy-outs, according to new research.
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Private equity firm August Equity has disposed of its interest in Planit through a sale to Vero Software for an undisclosed amount.
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Aveva, which produces software for the plant, power and machinery sectors, has made an acquisition for a division of Z+F UK.
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Clean technology company Clarizon has received a £615,000 phased investment from the Finance for Business North East Technology Fund to bring its water treatment and cleaning technology to market.
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Social media analytics company Socialbakers has closed a $2 million (£1.3 million) financing round led by Earlybird Venture Capital as the company pursues further growth across Europe and the United States.
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Brewery and hospitality group Shepherd Neame has acquired the Place Sandwich Venture Capital Trust, the owner and operator of the Bell Hotel in Sandwich, Kent, in a deal that enables investor Albion Ventures to exit the investment.
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Exco InTouch, a provider of patient communications products, has secured a £3 million investment that has been led by growth equity and venture capital group Scottish Equity Partners.
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Brewery and hospitality group Shepherd Neame has acquired the Place Sandwich Venture Capital Trust, the owner and operator of the Bell Hotel in Sandwich, Kent, in a deal that enables investor Albion Ventures to exit the investment.
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Exco InTouch, a provider of patient communications products, has secured a £3 million investment that has been led by growth equity and venture capital group Scottish Equity Partners.
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Online aggregator for private jet charter PrivateFly.com is set to expand after closing a £2 million fundraising round generated from eight private investors.
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West Midlands-based IT business Acutec has acquired Chase Meadow Communications as it looks to expand its telephony services.
Round-up of today's M&A deals
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Telecoms and data services business Maintel Holdings has bought out Totility in a deal which could rise to £6.83 million.
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IT services provider Adapt has completed a £30 million deal as it sets off on a buy-and-build strategy.
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