Hampshire-based Chemring Group has agreed to acquire the Detection Systems operations and certain related assets of General Dynamics Armament and Technical Products, for a cash consideration of $90 million (£55.2 million).
LDC, the private equity arm of Lloyds Banking Group, has acquired a majority stake in UK2 Group, a business which provides international hosting from data centres in the UK and the US.
Private equity firms are more 'conservative' than 'optimistic' in valuations, with about 75 per cent underestimating final rates of return in the first year of investment, research reveals.
Private equity firms are more 'conservative' than 'optimistic' in valuations, with about 75 per cent underestimating final rates of return in the first year of investment, research reveals.
Barclays Private Equity has acquired a majority stake in Oscar-winning digital effects company The Mill, in a deal that values the business at £199 million.
Outsourcing business The Capita Group has made its second acquisition in a week with the purchase of Sheffield-based Technophobia in deal worth £6.3 million.
