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IT spend to rise

Worldwide IT spending will increase 4.6 per cent this year compared to 2009, according to research organisation Gartner.

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Big boost for company valuations

Valuations of both public and private companies shot up in the course of last year, according to research from BDO.

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Randall & Quilter buys JMD

London-based insurer Randall & Quilter has acquired JMD Specialist Insurance Services Group for £2 million.

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A sticky end for Cadbury?

Cadbury, the 186-year old British confectionery group, has accepted an £11.6 billion takeover bid from US food giant Kraft.

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CEO Profile: Michelle Feeney

After working in the beauty industry for 20 years, Michelle Feeney was approached by private equity investor LDC in 2007 to join self tan business St Tropez as CEO. 

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Phoenix sells Acorn

Private equity firm Phoenix Equity Partners has sold Bolton-based Acorn Care and Education to a Canadian pension scheme.

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YFM follows investment in New Net

Yorkshire-based New Net Technologies has received follow-on funding from venture capital fund managers YFM.

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Ocelus in second funding round

Needle-free drug delivery company Ocelus has secured almost £500,000 in a second round of funding from Finance Wales and the Welsh Assembly.

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YFM follows investment in New Net

Yorkshire-based New Net Technologies has received follow-on funding from venture capital fund managers YFM.

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Ocelus in second funding round

Needle-free drug delivery company Ocelus has secured almost £500,000 in a second round of funding from Finance Wales and the Welsh Assembly.

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Design agency in MBO

Rochdale-based agency Cooper’s Graphic Design and Advertising has undergone a £60,000 management buy-out led by partner Tony Butterworth.

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Private equity unleashed

Private equity professionals are expecting a boost in activity in 2010, according to research by professional services firm BDO.

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Media Corp reports growth

Recently loss-making Media Corporation says it expects a profitable first quarter, helped by October’s £465,000 Purple Lounge takeover.

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Datatec acquires NetStar

Communications technology company Datatec has acquired NetStar Group, an IT support services business, for $19.8 million (£12.1 million).

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