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POSTcti snapped up by InterCall

InterCall, a subsidiary of American communications company West Corporation, has acquired Preferred One Stop Technologies (POSTcti) for an undisclosed sum.

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Re Pet secures £1.2 million fundraising

The North East Accelerator Fund has backed plastics manufacturer Re Pet in a fundraising round that secured £1.2 million for the business ahead of the launch of its products.

News

Apposite takes stake in US cosmetic surgery

London-based healthcare investment firm Apposite Capital has joined the $10.5 million (£6.5 million) series C venture funding of Ulthera.

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Government launches schemes to encourage exports

The government has unveiled a package of four new schemes, and announced the extension of another, in a bid to boost the number of growing businesses that export.

News

In-Situ eyes Europe with Waterra

UK-based Waterra, which supplies groundwater monitoring equipment, has been acquired by US company In-Situ in a strategic transaction that aims to increase the group’s market share across Europe.

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Oxford spin-out OrganOx secures £2.75 million

The Royal Society Enterprise Fund has joined a £2.75 million fundraising in University of Oxford spin-out OrganOx as the business prepares for clinical trials of a medical device that allows livers to be kept longer before transplant.

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Cellnovo market push boosted by £30 million

Biomedical device company Cellnovo, which is developing a mobile diabetes management system, is one step closer to taking its product to market after securing £30 million in a fundraising.

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Tennants makes £18 million buy

Chemical manufacturing and distribution group, Tennants Consolidated, has acquired Tessenderlo Fine Chemicals for £18 million.

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Cellnovo market push boosted by £30 million

Biomedical device company Cellnovo, which is developing a mobile diabetes management system, is one step closer to taking its product to market after securing £30 million in a fundraising.

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Tennants makes £18 million buy

Chemical manufacturing and distribution group, Tennants Consolidated, has acquired Tessenderlo Fine Chemicals for £18 million.

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TowerBrook takes Phase Eight off the rack

Investment manager TowerBrook Capital Partners has acquired a ‘significant stake’ in women’s clothing retailer Phase Eight, with plans to rapidly expand the business internationally.

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Sugar Puffs maker acquired for £82 million

Raisio has acquired British food producer Big Bear Group, maker of the Sugar Puffs and Poppets brands, for £82 million, allowing Investec Growth and Acquisition Finance to exit.

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Hilary Devey joins Dragons’ Den

Entrepreneur Hilary Devey has announced she will be joining the next series of Dragons’ Den when it returns to BBC Two later this year.

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Recruiter Allegis acquires Aston Carter for £55 million

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