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News

PwC acquires Paragon 

Professional services firm PricewaterhouseCoopers (PwC) has acquired Paragon Consulting Group for an undisclosed sum. 

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Green spending put on hold

Many growing businesses have had to reduce their environmental expenditure in order to cut costs.

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More funding for eCommera 

eCommera, a provider of online services to the retail industry, has secured £1.3 million from private equity group ePlanet.

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Orolia buys McMurdo

French electronics specialist Orolia has acquired McMurdo, a manufacturer of marine safety equipment, for $10 million (£5.9 million).  

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Perspective acquires PIMS

Perspective Financial Group has acquired Professional Investment Management Services (PIMS) for an undisclosed sum.

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Finance Wales funds utility consultant

South Wales-based UES, which advises businesses on their utility costs, has secured £400,000 from Finance Wales.

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Coal Grill and Bar raises finance

Restaurant chain Coal Grill and Bar has secured £1.5 million from the government’s Capital for Enterprise Fund through fund manager Octopus. 

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Pay bonanza on AIM

Amid all the recent economic and financial turmoil afflicting business, AIM companies have continued to increase their directors’ salaries.

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Coal Grill and Bar raises finance

Restaurant chain Coal Grill and Bar has secured £1.5 million from the government’s Capital for Enterprise Fund through fund manager Octopus. 

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Pay bonanza on AIM

Amid all the recent economic and financial turmoil afflicting business, AIM companies have continued to increase their directors’ salaries.

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Go-Ahead offers to buy PCB

London-based transport business Go-Ahead Group has offered to acquire Plymouth CityBus (PCB) for £20 million. 

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M&A Sector Watch: IT

After a brace of mega-deals in September 2009, the following month saw a return to pre-credit crunch normality in the IT mergers market

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G4S buys All Star

Security services group G4S, through its US subsidiary Wackenhut Services, has acquired government security business All Star International for $59.9 million (£36.3 million) in cash. 

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Green VCTs to focus on organic waste projects

Acuity Capital Management is launching two venture capital trusts (VCTs) to invest in environmental infrastructure projects in the UK.