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Lab21 acquires Biotec Laboratories

Cambridge technology firm Lab21 has acquired Biotec Laboratories, an Ipswich-based clinical diagnostic company. The terms of the deal remain undisclosed. 

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Reading IT companies merge

Thatcham-based technology firm Applinet Plc has merged with Theale-based Unified Group, and the combined entity will trade as Proximity Communications. The terms of the deal were not disclosed.

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Stabilitech secures £3.3 million equity

A company whose technology enables vaccines to be stored at a range of temperatures has secured equity funding.

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Comply Serve attracts six-figure sum

Birmingham-based Comply Serve, a developer of a web-based project compliance management system, has received funding to expand its business.

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LDC sees more P2P deals this year

Public-to-private deals are set to increase this year as acquirers take advantage of lower valuations, according to the MD of Lloyds' private equity arm.

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Garlock seals another deal

Sealing company Garlock has acquired PTM, a rubber and plastics company for an undisclosed sum. Click here for more deals.

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IT Solutions and Acutec merge

Coventry-based IT Solutions has merged with Coleshill-based rival Acutec. The details of the deal were not disclosed. For more deals click here.

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Foresight backs ICA buy-out

Document management company ICA Group has undergone a management buy-out (MBO) backed by funds from venture capitalist Foresight.

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IT Solutions and Acutec merge

Coventry-based IT Solutions has merged with Coleshill-based rival Acutec. The details of the deal were not disclosed. For more deals click here.

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Foresight backs ICA buy-out

Document management company ICA Group has undergone a management buy-out (MBO) backed by funds from venture capitalist Foresight.

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Bargain hunting in the Thames Valley

The feeble pound has brought UK technology companies into the sights of overseas buyers with money to spend. Andrew MacLeod reports

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AIM company takes Staines IT firm 

Innovise, an AIM-traded provider of workforce management software and managed IT services, has acquired Staines-based IT services firm Infrasolve, in a cash-and-shares deal worth £6.6 million.

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Security company joins SectorGuard’s legions

Waltham Cross-based security company SectorGuard Plc has acquired Legion Group Plc, a parking services and security company, for a nominal fee.

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Comply Serve nets expansion funds

Birmingham-based Comply Serve, a developer of web-based project compliance management systems, has secured £800,000 from venture capitalists Catapult Venture Managers and Midven, as well as from private investors. 

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