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ITE buys Russian event

A London-based company that specialises in organising exhibitions in emerging and developing markets has added a construction event in Russia to its portfolio.

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GoIndustry buys US firm

GoIndusty, an industrial machinery and equipment auctioneer, has acquired DoveBid, a US-based global provider of capital asset auction and valuation services, for £17 million.

News

Jelf completes brokerage hat-trick

Jelf Group plc, a full-service brokerage, has increased its gross written premium (GWP) to £174 million from £150 million by adding three businesses to its operations.

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ID Support Services powers up for Scotia deal

Scotia Energy Saving Systems has become the latest company to join ID Support Services (IDSS) as part of its expansion through acquisition strategy.

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Foreign acquirers snapping up
UK firms

UK companies are being swept up in a flurry of activity from eager foreign investors, according to the latest government figures.

News

Investment rings changes at NESSCO

Management at an Aberdeen-based telecom company is to expand its operations internationally after securing some £15 million from a syndicate of investors.

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Rising star: James Murray of Glassesdirect.co.uk

James Murray Wells started online spectacles retailer Glassesdirect.co.uk with the last £1,000 of his student loan. With the help of VCs he is now aiming to turn it into a £1 billion company.

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Losses reach a Summit

Drug developer and pharmaceutical services provider Summit Corporation trebled both losses and revenues last year, but the AIM-traded business has high hopes for a major deal from its drug pipeline in 2008.

News

Rising star: James Murray of Glassesdirect.co.uk

James Murray Wells started online spectacles retailer Glassesdirect.co.uk with the last £1,000 of his student loan. With the help of VCs he is now aiming to turn it into a £1 billion company.

News

Losses reach a Summit

Drug developer and pharmaceutical services provider Summit Corporation trebled both losses and revenues last year, but the AIM-traded business has high hopes for a major deal from its drug pipeline in 2008.

News

Spain to launch AIM alternative

An alternative stock market aimed at growth companies and inspired by AIM’s light regulatory touch is due to be launched in Spain.

News

Hitachi Capital’s £28.5m buy

Financial services provider Hitachi Capital UK has bought London Scottish Bank’s Invoice Finance division for £28.5 million. For more deal headlines click here

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New order

Russell Lamming joined Chromex Mining to build revenue streams and expand its operations. It only took him a few weeks to close his first deal. Mark Dunne reports

News

Brightside’s trio of deals 

Debt services company Brightside has made three acquisitions: Aust Holdings, which owns a 75 per cent stake in Group Direct, the remaining shareholding in the insurance broker, in addition to Injury QED, a provider of medical reports and associated services to the legal profession.

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