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Demi-millionaires on the rise

The number of people in the UK with investable assets of at least £500,000 is set to increase 64 per cent by 2016, according to research.

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Flu vaccine specialist raises more from investors

Immune Targeting Systems (ITS), a company developing synthetic vaccines for mutating viruses such as influenza, has secured follow-on funding.

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Foresight invests in indoor football company

Asset manager Foresight Group has invested £3.25 million in a company that provides indoor pitches for "small-sided" football game Futsal.

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Dual fundraising for Enterprise Ventures

Two portfolio companies of Enterprise Ventures (EV), which invests in early-stage businesses in the English regions, have secured a total of £5.6 million.

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RAB Capital in sell off

RAB Capital, the ailing hedge fund group, has sold its Asia-focused business, NorthWest, for £1 million in cash.

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Daisy’s chain of acquisitions

Business telecoms provider Daisy Communications Plc has acquired 3,700 customers from Wiltshire-based 4Com for undisclosed terms.

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Datactics in £1m funding

Belfast-based data management specialist has secured a seven-figure investment from an existing shareholder and an Icelandic fund in a move that it hopes will expand its operations.

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Movidia receives funding

Mobile video processing company Movidia has secured more than US$14 million (£9 million) from an international syndicate led by Celtic House Venture Partners and Capital-E.

News

Datactics in £1m funding

Belfast-based data management specialist has secured a seven-figure investment from an existing shareholder and an Icelandic fund in a move that it hopes will expand its operations.

News

Movidia receives funding

Mobile video processing company Movidia has secured more than US$14 million (£9 million) from an international syndicate led by Celtic House Venture Partners and Capital-E.

News

CEOs forecast more JVs

The number of CEOs who believe that joint ventures will play a greater role than M&A in cross-border growth has surged, particularly in Western Europe and Latin America, according to PwC's 12th Annual Global CEO Survey.

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Forth Photonics receives £6.1m

Scottish medical device company Forth Photonics has secured £6.1 million from NBGI Ventures, Scottish Enterprise and Albion Ventures, formerly Close Ventures.

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Media Square sells assets

Media Square Plc, the AIM-traded international marketing communications group, has completed the sale of part of its marketing research consultancy business to IQ Holdings Plc for up to £1.5 million.

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Henderson deal twinkles

Fund manager Henderson Group is close to striking a cash-and-shares deal for New Star Asset Management, which values the struggling asset management group at £115 million.

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