Dragons’ Den investor and serial telecoms entrepreneur Peter Jones has sold IT communications business Wireless Logic to the company’s management and private equity firm ECI Partners for £38 million.
Entrepreneur and investor Peter Jones has disposed of his interest in Wireless Logic to private equity firm ECI Partners and management in a deal worth £38 million.
The five major UK banks have lent £37.3 billion to small and medium-sized enterprises (SMEs) in the first half of this year, less than half of the agreed £76 billion target under Project Merlin.
AIM-listed Allocate Software has made its second acquisition in two months with the purchase of Zircadian Holdings as part of a strategy to build its healthcare products range.
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