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News

News Corp snaps up set-top
box company

News Corp and private equity firm Permira Advisers have completed a deal to take NDS Group, a set-top box technology maker, private. NDS Group approved the $63-per-share (£33.70) cash deal to buy the outstanding shares of the company in cash, which are worth $1.52 billion (£813.7 million)

News

News

Flooring firm bought out of administration

Birmingham-based Floors-2-Go has been bought out of administration by its founding family. Brothers Robert and Richard Hodges declined to say how much they paid to take the business back under their control.

News

Carterbar makes financial adviser acquisition

Financial adviser Carterbar has acquired Graeme Watson Independent Financial Advisers for an undisclosed sum. Read on for more deal headlines.

News

Floors-2-Go rescued from administration

Troubled retailer Floors-2-Go, which went into administration last month following the failure of a management buy-out backed by VC firm Alchemy Partners, has been bought by flooring and carpeting entrepreneurs the Hodges brothers.

News

Close Enterprise VCT plays it slow

Nearly 18 months after its launch, Close Enterprise VCT holds most of its assets in fixed-interest securities and loan notes, according to its interim management statement.

News

Finance deal for acquisition of Gemcom Software

Global commercial finance company CIT has announced a £27.7 million credit facility to a group of investors, including JMI Equity, The Carlyle Group and Pala Investment Holdings, to finance the acquisition of Gemcom Software.

News

Energy deal lights up Brazilian M&A market

Ultrapar, a Brazilian fuels distribution, chemicals production and logistics business listed on the New York and Sao Paulo stock exchanges with a market capitalisation of $5 billion (£2.7 billion), has acquired Texaco’s Brazilian fuels distribution business for approximately $730 million (£393 million).

News

Merseyside postal company receives investment package

Aquarius Equity Partners, a private equity company based in the North of England, has invested £1.6 million in Secured Group, a Merseyside-based postal services company.

News

Energy deal lights up Brazilian M&A market

Ultrapar, a Brazilian fuels distribution, chemicals production and logistics business listed on the New York and Sao Paulo stock exchanges with a market capitalisation of $5 billion (£2.7 billion), has acquired Texaco’s Brazilian fuels distribution business for approximately $730 million (£393 million).

News

Merseyside postal company receives investment package

Aquarius Equity Partners, a private equity company based in the North of England, has invested £1.6 million in Secured Group, a Merseyside-based postal services company.

News

Earlybird catches the investment worm

Earlybird has completed a final closing of its new fund Earlybird IV, with investors from Germany, the US, Asia and the Middle East committing €127 million (£101 million) towards the early-stage financing of newly formed companies.

News

NWF to sell garden centre business

A Cheshire-based distribution specialist has announced that it is ready to listen to offers for its garden centre business in a bid to reduce its growing debt.

News

Funding for advertising firm Universe Media Holdings prior to listing

Universe Media Holdings, an advertising firm based in China, has received US$58.3 million (£31.1 million) from two venture capital funds ahead of a planned overseas listing.

News

Leni increases stake in exploration company

Leni Gas & Oil, an oil & gas exploration, development and production company, today announced that it has acquired a further million shares in Byron Energy from IB Daiwa Corporation, increasing its holding from 22.3 per cent to 28.94 per cent, for $6.6 million (£3.5 million) in cash.

Partner content

Why upgrading your tech regularly will help your business grow

To run an optimal business, you must have optimal tech. We explain why you must upgrade your business technology on a regular basis

Accounting and Finance Software

Desktop vs cloud accounting: What to consider 

What are the key differences between desktop and cloud accounting software, and what should you consider when it comes to choosing a solution for your business

Accounting and Finance Software

Accounting and financial management software: What you need to know 

Fast-growth businesses need a solution that can cope with the demands of an ever-increasing volume of data, transactions, and tasks.

Opinion

Boosting confidence in outsourcing your customer service function to call centres in Africa

CCI Kenya discusses why outsourcing key of your business processes to call centres in Africa may be beneficial