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News

Private equity firm takes Oka Direct stake

The founder of furnishings retailer Oka Direct has sold a majority shareholding in the business to a private equity firm. Annabel Astor remains chief executive after disposing of the equity stake to Fleming Family & Partners for an undisclosed sum.

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Intempo secures development capital

Consumer electronics specialist Intempo Digital is to develop its products in growing technology fields, such as Internet radio and Bluetooth, after securing £11.8 million.

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German property company to invest AIM funds

German property investor Taliesin Property Fund has raised £25.7 million (€37.8 million) and begun trading on AIM.

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Duo buys toiletries manufacturer

A management duo have bought a Northamptonshire-based toiletries manufacturer from the family that established the business in 1883.

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Jelf buys Bristol broker

Jelf Group plc, a corporate and financial consultancy, has strengthened its business in the southwest after it bought Bristol-based insurance broker John Lampier & Son.

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CBG buys Marcus & Hearn for £2.71 million

Insurance broker and financial adviser CBG Group has boosted its services with the acquisition of Marcus & Hearn in a deal that could be worth up to £2.71 million.

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‘Business as usual’ for Close VCTs

VCT manager Close Ventures says that 85 per cent of its investments since 2005 would have qualified as VCT investments under new rules announced in the last Budget.

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Foresight backs Datapath buy-out

Datapath, a supplier of graphics cards used to control videowall displays, has been bought by its management for £12 million. The buy-out was backed by Foresight Venture Partners, which invested £3 million through Foresight VCTs 2, 3 and 4.

News

‘Business as usual’ for Close VCTs

VCT manager Close Ventures says that 85 per cent of its investments since 2005 would have qualified as VCT investments under new rules announced in the last Budget.

News

Foresight backs Datapath buy-out

Datapath, a supplier of graphics cards used to control videowall displays, has been bought by its management for £12 million. The buy-out was backed by Foresight Venture Partners, which invested £3 million through Foresight VCTs 2, 3 and 4.

News

Infracapital Partners buys Red Funnel

A ferry company that operates between Southampton and the Isle of Wight has been bought by Infracapital Partners LP, an infrastructure fund of financial services group Prudential.

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Glen Dimplex buys Applied Energy

Glen Dimplex, a manufacturer and distributor of electrical heating and domestic appliances, has welcomed new brands to its portfolio after buying Applied Energy.

News

Credit crunch may hit buy-out market, research claims

The UK buy-out market has hit a record high of £8.5 billion for the first nine months of 2007, already 45 per cent higher than the whole of 2006, according to data from the Centre for Management Buy-out Research (CMBOR).

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Ingenious backs Orange Lights debut album

Ingenious Music VCT 2, which invests in independent producers and distributors, is backing the first album of five-piece group The Orange Lights. The investment of £824,000 is a joint venture with Blackbird Records.

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