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Why I got out of the property sector

Mitchell Feldman, co-founder of The Internet Group, explains why withdrawing from the property sector was one of the shrewdest decisions he ever made.

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UBM acquires GAO

United Business Media, through its online gaming subsidiary UBM TechWeb, has acquired Game Advertising Online (GAO) for up to $7 million (£4.5 million). 

News

Guinness World Records buys bragging site

Guinness World Records, a publisher of record-breaking achievements, has acquired social networking site Bragster.com for an undisclosed sum.

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Jaeggi to chair The Founders Club

A network of VC-backed entrepreneurs who agree to share profits from their exits has appointed private equity chief André Jaeggi as group chairman.

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HCT Group seals ‘benchmark’ loan deal

A social enterprise in the transport sector has raised £3 million from Bridges Ventures and the Futurebuilders Fund.

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PrismTech attracts £1.5 million CfE investment

Communications software company PrismTech has secured £1.5 million from Maven Capital Partners on behalf of the Capital for Enterprise fund.

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3i-backed SLR buys Heggies

Environmental consultancy SLR, in which private equity investor 3i holds a minority stake, has acquired Australian firm Heggies.

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Capita buys NB Real Estate 

Capita Symonds, the property arm of business services group Capita, has acquired NB Real Estate for £10 million. 

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3i-backed SLR buys Heggies

Environmental consultancy SLR, in which private equity investor 3i holds a minority stake, has acquired Australian firm Heggies.

News

Capita buys NB Real Estate 

Capita Symonds, the property arm of business services group Capita, has acquired NB Real Estate for £10 million. 

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Asterand buys BioSeek

Hertfordshire-based biotechnology company Asterand has acquired US drug discovery business BioSeek for up to $13 million (£8.5 million).

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Inflexion takes FDM Group private

Mid-market private equity firm Inflexion has acquired AIM-listed IT services company FDM Group for an enterprise value of £28.4 million.

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Flu vaccine specialist in further fundraising

Immune Targeting Systems (ITS), a developer of vaccines for mutating viruses such as flu, has raised £8.65 million for initial clinical trials.

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Driving school in administration

Insolvency firm MCR has been appointed to find a buyer for LVG, a driving school and instructor training business.

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