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News

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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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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Lessons learned: Michael Norton

Paypoint.net managing director Michael Norton reflects on setting up a fresh pasta business and running a pineapple factory in Costa Rica.

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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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Lessons learned: Michael Norton

Paypoint.net managing director Michael Norton reflects on setting up a fresh pasta business and running a pineapple factory in Costa Rica.

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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.

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Recovery for Plastics Capital

Business is picking up at acquisitive Plastics Capital, which has reported interim pre-tax profits up 150 per cent to £1.5 million.

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Tawa buys PRO

AIM-listed insurance consolidator Tawa has agreed to acquire the PRO group of insurance companies from Swiss Re for up to £38 million.

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Alchemy Partners exits EPS

Venture capital investor Alchemy Partners has sold its stake in Environmental Property Services (EPS), a maintenance company.