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Hoberman’s mydeco secures eVenture investment

Home interiors website mydeco, founded by lastminute.com’s Brent Hoberman, has secured investment from pan-Atlantic private equity company eVenture Capital Partners.

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North West Fund backs Evgen first close

Pharmaceutical business Evgen, a developer of a drug that may prevent and treat prostate cancer and other cancer, has closed a Series A investment round led by The North West Fund for Biomedical.

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UK M&A grows

As strange as it might seem, M&A in the UK is experiencing strong growth. The second quarter of 2011 showed a rise of 19 per cent on the first quarter.

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Irish LED business sees the light

LED lighting business Nualight has bought out Dutch business Lumoluce, bringing its revenues above €25 million (£21.6 million) for 2011.

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SM Trust befriends FreeAgent in £2 million deal

Online accounting software company FreeAgent has closed an investment round of more than £2 million that will fund an increase in headcount and the acceleration of product development.

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Walmart acquires ad targeting start-up OneRiot

OneRiot, which targets mobile advertising based on social data, has been bought by Walmart through WalmartLabs, the Silicon Valley unit founded out of the acquisition of Kosmix.

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Business TV shows unrealistic about enterprise

Entrepreneurial television shows such as The Apprentice and Dragons’ Den could be damaging UK enterprise because they promote ‘an unrealistic view’ of business, research finds.

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Signum bought out by IAR

IAR Systems, which supplies software tools, has acquired Signum Systems for an undisclosed amount.

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Business TV shows unrealistic about enterprise

Entrepreneurial television shows such as The Apprentice and Dragons’ Den could be damaging UK enterprise because they promote ‘an unrealistic view’ of business, research finds.

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Signum bought out by IAR

IAR Systems, which supplies software tools, has acquired Signum Systems for an undisclosed amount.

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Social commerce deal for FriendFinder

Round-up of today's M&A deals.

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Identity in US buy-out

Manchester-based Identity Networks has been bought out by wireless technology business Meru Networks.

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Bridges Ventures backs expanding Ardenham Energy

Ardenham Energy, a developer and installer of renewable energy projects, has secured an initial £2 million investment from growth investor Bridges Ventures to fund the company's expansion across the UK.

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Maiden wind investment for Albion Ventures

Albion Ventures has invested £1.5 million in a joint venture with Infinite Energy to fund the development of a single 500kWp wind turbine in Wales.