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STR Enterprises buys Golf Club

Newcastle-based leisure business STR Enterprises has bought Wallsend Golf Club.

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British Power International acquired by Spice plc

British Power International has been bought by Spice Plc in a deal worth up to £10.2 million. Read on for more deal headlines.

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Close AIM VCTs move to Octopus

Three AIM venture capital trusts (VCTs) managed by Close Investments, representing approximately £65 million of assets in total, have moved across to Octopus Investments.

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Dunelm agrees soft
furnishings deal

Dunelm Group, owner of out-of-town retail outlet Dunelm Mill, has agreed to purchase the Dorma brand and rights for £5 million in cash from Dawson International.

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Cosalt acquires marine safety business

Cosalt, an industrial services company, has completed the £12 million acquisition of Myhre-Maritime.

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Northeast buy-out values slide

The value of the management buy-out market in the northeast is heading for its lowest year this century if first half figures do not improve.

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Education deal set to blossom 

RM, a publicly-traded supplier of educational products and services to schools, colleges, universities and local and central government, has acquired Orchard Partners, a specialist education software provider, in a deal worth up to £2.8 million.

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AIM launch for seismic group

Thalassa Energy has raised £3.1 million on AIM to buy marine seismic equipment for offshore oil exploration and production.

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Education deal set to blossom 

RM, a publicly-traded supplier of educational products and services to schools, colleges, universities and local and central government, has acquired Orchard Partners, a specialist education software provider, in a deal worth up to £2.8 million.

News

AIM launch for seismic group

Thalassa Energy has raised £3.1 million on AIM to buy marine seismic equipment for offshore oil exploration and production.

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State funds are friends, not foes

The rise of sovereign wealth funds (SWFs) does not present a serious threat to Western economies, according to research from two US- and UK-based academics.

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Business founders seek work-life balance

More than a quarter of those who set up their own business did so to achieve a better work-life balance, according to an online poll of 908 owner-managed businesses from SmallBusiness.co.uk.

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United Business’
quadruple deal

A London-based media group has added four trade shows in the UK and South Africa to its offering.

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BT announces purchase of Ribbit Corporation

BT has announced the £52.65 million ($105 million) purchase of Ribbit Corporation, a Silicon Valley-based, Internet telecommunications firm. Read on for more deal headlines.

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