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WPP to strengthen operations in China

London-based marketing giant has agreed to buy a controlling stake in a digital agency in China.

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Yotta’s £2 million deal maps out US growth

A 3D mapping specialist has spent a seven-figure sum expanding its operations in North America.

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Investcorp secures $243 million

Investcorp, a private equity and venture capital investor operating on both sides of the Atlantic, has secured a revolving loan facility of $243 million (£122 million) to support its own corporate balance sheet.

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Asset-based loan backs Everwhite BIMBO

Everwhite, a supplier of plastic products used in buildings, has undergone a buy-in management buy-out (BIMBO) after being put into administration in January.

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The funding is
out there

Private equity will continue to be a vital and fluid source of funding this year, according to accountant and business adviser PKF.

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MedicX Fund sells healthcare property

An investor in modern purpose-built primary healthcare properties in the UK has sold one of its medical centres.

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SCi Entertainment in deal double

A publisher and developer of entertainment software listed on London’s main market, has raised £60 million and struck a deal with US media giant Warner Bros Home Entertainment.

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UCL spin-out Domainex raises £1 million

Domainex, a biopharmaceutical spin-out from University College London (UCL), has raised £1 million to develop its contract research business and commercialise its drug discovery projects.

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SCi Entertainment in deal double

A publisher and developer of entertainment software listed on London’s main market, has raised £60 million and struck a deal with US media giant Warner Bros Home Entertainment.

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UCL spin-out Domainex raises £1 million

Domainex, a biopharmaceutical spin-out from University College London (UCL), has raised £1 million to develop its contract research business and commercialise its drug discovery projects.

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More funding for sewage treatment venture

Eco-Solids International, a developer of technologies for treating sewage sludge, has received follow-on funding from AIM-listed investment company Low Carbon Accelerator (LCA).

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Green packaging business raises £6.1 million

Rapid Action Packaging has secured £6.1 million of equity and debt finance, mainly from AIM-listed investment company Ludgate Environmental Fund.

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All change for Ethanol Investments

Ethanol Investments plc (EI), an AIM-listed company with investments in the ethanol services market, is to make a series of acquisitions that will see changes to the corporate structure and identity of the company.

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Inchscape ups its stake in Russia

Automotive retailing giant Inchscape plc has acquired Russia’s largest car retailer in a deal worth $200 million (£100 million).