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Microlease in additional funding round

Microlease, a specialist in test equipment, has received an additional £8.3 million from LDC, the private equity arm of the Lloyds Banking Group. 

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M&A activity set to return

There are signs of life in the UK M&A market despite lacklustre figures, according to Deal Drivers UK, a study by accountancy firm PKF.

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Dunedin acts as own bank

Mid-market UK private equity house Dunedin has revealed it is now providing its own senior debt in order to complete buy-out transactions quicker.

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Pan Pacific receives funding

Battle-scarred Pan Pacific Aggregates (PPA) has raised £540,000 and is scouting for distressed acquisitions. The company is also expecting a second tranche of funding.

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Lombok in pre-pack administration

A private equity-led consortium has acquired the trading name and assets of high street furniture retailer Lombok from administrator KPMG.

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Grant cheer for Metalysis

A consortium led by titanium specialist Metalysis has won a grant of £862,000 from the government’s Technology Strategy Board (TSB).

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Rhenovia wins angel funding

A business which helps pharmaceutical companies develop drugs for diseases of the brain has raised €390,000 in a first round of angel funding.

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UBM acquires The Fuel Team

United Business Media, through its London-based subsidiary PR Newswire, has acquired The Fuel Team for up to $7 million (£4.2 million). 

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Rhenovia wins angel funding

A business which helps pharmaceutical companies develop drugs for diseases of the brain has raised €390,000 in a first round of angel funding.

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UBM acquires The Fuel Team

United Business Media, through its London-based subsidiary PR Newswire, has acquired The Fuel Team for up to $7 million (£4.2 million). 

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Cash in on tax credits

Research and development (R&D) tax credits are a tax relief based on your company’s investment in innovative technology.

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Matt Lovett has the Wow factor

Seventeen-year-old Matt Lovett started his business, WowVoucherCodes.com, from his bedroom while revising for his GSCEs. He was recently presented with an award by Alistair Darling.

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2ergo buys AMT

2ergo Group Plc, a Salford-based provider of mobile phone marketing and technology, has acquired rival Activemedia Technologies (AMT) for an undisclosed sum. 

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Iofina in US takeover

US-focused iodine and natural gas concern Iofina is set to buy versatile Kentucky-based speciality chemical maker H&S Chemicals.

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