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News

Finance Wales backs laundry expansion

Afonwen Laundry, which has two sites in Wales and a sister company in Leeds, has received funding of £1 million from Finance Wales.

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Pasta King in MBI

A supplier of pasta meals to schools has undergone a management buy-in (MBI) for £13 million backed by NBGI Private Equity.

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The UK economy in 2010

Britain's GDP shrank 0.4 per cent in the third quarter of 2009, making this the longest recession since records began. GB speaks to entrepreneurs, investors and experts to find out how confident they are about next year.

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International SOS acquires Abermed

Medical assistance provider International SOS has acquired Abermed, a UK-based provider of occupational health and remote medical services to the energy sector.

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Randall & Quilter snaps up Goldstreet

Non-life insurance run-off specialist Randall & Quilter Investment has acquired a majority stake in US reinsurer Goldstreet.

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NVM sells Abermed

Private equity firm NVM has sold its investment in offshore medics service Abermed to medical assistance provider International SOS.

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Best Buy deal cheers MBL 

Home entertainment products distributor MBL has clinched a UK supply deal with world-leading electrical retailer Best Buy of the USA.

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T4 Media snaps up Alvern

Outdoor advertising specialist T4 Media has acquired Alvern Media. The seven-strong team at Alvern will relocate to T4 Media’s new headquarters in London in early 2010.

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Best Buy deal cheers MBL 

Home entertainment products distributor MBL has clinched a UK supply deal with world-leading electrical retailer Best Buy of the USA.

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T4 Media snaps up Alvern

Outdoor advertising specialist T4 Media has acquired Alvern Media. The seven-strong team at Alvern will relocate to T4 Media’s new headquarters in London in early 2010.

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Firestone remains upbeat

Firestone Diamonds expects to jointly develop its £25 million Jwaneng project with De Beers and the Botswana government.

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Meals-on-wheels supplier goes bust

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Advent pursues Matalan

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Longshot seeks acquisitions in leisure

Investment firm Longshot has secured more than £30 million to acquire companies in the leisure sector and is in early discussions with potential targets.