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CentraStage finds angels more ‘attractive’

Software development company CentraStage has closed a second round of funding ahead of a US launch, turning to more ‘attractive’ angel investors rather than venture capitalists (VCs) for finance.

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WYG takes hit on engineering firm

Civil engineering business Adams Kara Taylor (AKT) has undergone a management buy-out backed by Swedish engineering group Tyrens for £3.75 million, five years after it was bought for £10.5 million.

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Basekit secures £4 million ahead of global rollout

Website design and hosting service BaseKit has raised $6.5 million (£4 million) in venture capital ahead of a series of international office openings across Europe and the Americas.

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Inmarsat expands satellite offering

Mobile satellite communications business Inmarsat Solutions has bought out Norwegian company Ship Equip International for $159.5 million (£99.2 million).

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Daisy grows mobile offering

Communications company Daisy Group has acquired Outsourcery’s Vodafone mobile voice and data service re-selling service for £12 million.

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Bribery Act will not target ‘bona fide’ practices

Business managers have been urged to be more careful in scrutinising job candidates and cautious of agreeing to hospitality packages in preparation for the introduction of the Bribery Act.

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BAFTA-winning British film company acquired

Red Arrow Entertainment, a subsidiary of a German broadcaster ProSiebenSat.1, has acquired a 51 per cent stake of film production house The Mob Film.

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Lyceum Capital takes bite out of EAT
.

Growth investor Lyceum Capital has acquired a controlling stake in food and coffee take-away business EAT ahead of a programme to ramp up store roll-out and brand development.

News

BAFTA-winning British film company acquired

Red Arrow Entertainment, a subsidiary of a German broadcaster ProSiebenSat.1, has acquired a 51 per cent stake of film production house The Mob Film.

News

Lyceum Capital takes bite out of EAT
.

Growth investor Lyceum Capital has acquired a controlling stake in food and coffee take-away business EAT ahead of a programme to ramp up store roll-out and brand development.

News

Angels launch £37.5 million seed fund

Three prominent angel investors have raised £37.5 million for a new UK-based fund that aims to make up to 50 seed investments in ‘ambitious’ digital media and technology startups.

News

Advice Clinic: The Budget 2011

Patrick Wilkins, a regional director with Venture Structured Finance, gives his views on the Budget and what it means for the asset-based lending industry.

News

Accumuli continues IT group growth

AIM-listed business Accumuli has bought Boxing Orange for £7.5 million as part of a growth strategy to create a specialist information technology (IT) security group.

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Successful senses: Mark Hix

Having managed some of London’s top restaurants, chef Mark Hix needs little introduction. He explains what he’s learned about life and business.

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