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Management buys Cubiks

HR consultancy group Cubiks is now under the full control of its management and employees after they completed the buy-out they initiated three years ago.

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News

NVM exits Ithaca for £14.25 million

NVM Private Equity has sold Ithaca Business Media in a £14.25 million trade sale to United Business Media’s UK-based business information division, CMP Information.

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Kinetics buys gas installation and maintenance company

The Kinetics Group has become the largest provider of gas installation and maintenance services to the social housing market in London after buying a company in the north of the capital.

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NVM backs MD in Foreman Roberts buy-out

A building services consultant that includes Wimbledon and the new Wembley as examples of its work has been bought by its management for £14.7 million.

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Dhir India joins AIM

An Isle of Man registered company recently formed to invest in India’s non-performing assets market has joined AIM.

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Litorina takes Pahlen stake

Private equity firm Litorina Kapital has bought a majority shareholding in a swimming pool products manufacturer Pahlen, which is based in its native Sweden.

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Maria Mallaband seeks growth with Lloyds cash

Leeds-based care home group Maria Mallaband hopes to double in size by 2010 after securing a property finance deal with Lloyds TSB Corporate Markets.

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UBM adds exhibitions to portfolio

United Business Media (UBM), a business news distributor and events organiser, has completed its 15th acquisition this year.

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Maria Mallaband seeks growth with Lloyds cash

Leeds-based care home group Maria Mallaband hopes to double in size by 2010 after securing a property finance deal with Lloyds TSB Corporate Markets.

News

UBM adds exhibitions to portfolio

United Business Media (UBM), a business news distributor and events organiser, has completed its 15th acquisition this year.

News

Cullum Capital Ventures buys Alker Brothers and all today’s headlines

In today's headlines Greatfleet has bought Qualitas for £4.4 million and Standard Chartered bank looks to acquire Pembroke for an undisclosed fee.

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Next Big Thing: Contactless cash cards

For coins and notes, it could be the beginning of the end. This autumn high-street banks will issue credit and debit cards with a new contactless payment facility, allowing cardholders to pay for items under £10 by simply swiping the cards over a reader.

News

Heritage House raises £2.8 million

Foresight Venture Partners has completed a £2.8 million management buy-in of Heritage House, a newly formed media company focused on the heritage sector, including stately homes, castles, gardens, museums, galleries and other historical institutions.

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Management take control of plastics firm

Maynard & Harris Plastics, a plastic packaging supplier, has been bought by its management for undisclosed terms.

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