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Ascribe gets £1.3 million sting in its tail

Ascribe, a provider of IT services to the health sector, has bought Scorpio Information Systems for £1.31 million.

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WeatherBill closes $12.5 million fundraising

WeatherBill, an online service that allows businesses to protect revenue and control costs in the event of bad weather, has closed a $12.5 million (£6.1 million) Series A round led by New Enterprise Associates (NEA) and Index Ventures.

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Spiritel completes deal number four

Telecom services group Spiritel has completed its fourth acquisition in 12 months after acquiring voice and data systems supplier tdotcom in a deal that could be worth up to £260,000. London-based tdotcom will be integrated into Spiritel’s existing business.

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Rutland completes £51.5 million deal

Private equity firm Rutland Partners has bought Pulse Home Products, a leading UK supplier of branded domestic appliances, for £51.5 million from consumer goods group Alba plc.

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Experian buys marketing analytics specialist

Global information company Experian has bought The pH Group, a business-to-business marketing analytics specialist.

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Someone to look after me

Consolidation is accelerating among health and domiciliary care services providers as the sector matures and investors and entrepreneurs see increasing opportunities to make some serious cash. Report by Daniel Parton.

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No value in boards of directors

Entrepreneurs find the concept of boards of directors a turn-off, according to a study from the Association of Chartered Certified Accountants (ACCA).

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Velosi in £3.8 million double deal

Velosi, a provider of services to the oil and gas industry, has spent some £3.8 million buying majority shareholdings in K2 Specialist Services and Intec UK.

News

No value in boards of directors

Entrepreneurs find the concept of boards of directors a turn-off, according to a study from the Association of Chartered Certified Accountants (ACCA).

News

Velosi in £3.8 million double deal

Velosi, a provider of services to the oil and gas industry, has spent some £3.8 million buying majority shareholdings in K2 Specialist Services and Intec UK.

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Acrobot secures £2.6 million

Acrobot, a developer of robotic and software products to assist orthopaedic surgeons, has received £2.6 million from a syndicate of investors.

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Co-founder buys Trace in public to private

The co-founder of software specialist Trace Group has taken the business private after agreeing a deal worth tens of millions of pounds.

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Home is where the deal is

A southwest-based nursing home operator has expanded its coverage with the acquisition of a business in Wiltshire.

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Noble JV to bring more Indian companies to AIM

British investment bank Noble and Indian banking group Almondz Global Securities have launched a joint venture (JV) to aid the flow of investment from one country to the other.

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