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Paddy Power buys IAS

Irish bookmaker Paddy Power Plc, through its Australian subsidiary Sportsbet, has acquired Melbourne-based rival International All Sports (IAS).  The terms of the deal were not disclosed. 

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Amplin buys Fortis Corporate Insurance

London-based insurer Amlin Plc has acquired Fortis Corporate Insurance (FCI), a provider of corporate property and casualty insurance in the Netherlands and Belgium, from the State of the Netherlands for €350 million (£301 million).  

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The Foundry in MBO

The Foundry, a London-based visual effects software developer, has been sold in a management buy-out led by CEO Dr Bill Collis and the original founders and backed by Advent Venture Partners. The terms of the deal were not disclosed. 

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Nexit Ventures backs Aava Mobile

Aava Mobile, a Nordic mobile phone software developer, has received €3 million (£2.6 million) from Nexit Ventures. 

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Mesuro nets a million

A developer of power amplifiers for mobile phone networks has raised £1 million in its first equity funding round.

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McKinnon & Clarke powers up in UCA deal

Dunfermline-based energy consultants McKinnon & Clarke has acquired Kent-based rival Utility Cost Analysis (UCA) for an undisclosed sum.  

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NorthStar backing for Antix

Gaming specialist Antix has received $3 million (£1.8 million) from investors including NorthStar Equity Investors (NSEI) and Hotspur Capital.

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Praesepe acquires Gaming Centres

Praesepe Plc, a Milton Keynes-based gaming business has acquired Bolton-based rival Issue Depth Limited and its subsidiary, Classic Leisure (Northern) Limited, for £1.5 million. 

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NorthStar backing for Antix

Gaming specialist Antix has received $3 million (£1.8 million) from investors including NorthStar Equity Investors (NSEI) and Hotspur Capital.

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Praesepe acquires Gaming Centres

Praesepe Plc, a Milton Keynes-based gaming business has acquired Bolton-based rival Issue Depth Limited and its subsidiary, Classic Leisure (Northern) Limited, for £1.5 million. 

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Mediaburst acquires Promptext

Cheshire-based marketing company Mediaburst has acquired Oxfordshire-based rival Promptext for an undisclosed sum.

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Daniel Stewart raises £1m

Smaller company-focused Daniel Stewart Securities has raised £1 million at a discounted 2p and strengthened its top team.

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Aircraft Medical buys Morpheus

Edinburgh-based Aircraft Medical has acquired Morpheus Medical, a Barcelona-based developer of surgical equipment. 

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Perspective acquires Multiplex 

Milton Keynes-based IFA consolidator Perspective Financial Group has acquired Cheshire-based Multiplex Financial Trustees for an undisclosed sum. 

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