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Into Technology gets fourth round of funding in two years

IT product supplier Into Technology, which trades through its subsidiary IT247.com, has secured funding of £1.25 million from a consortium of investors. This is the fourth round of funding the Cheshire-based company has received in the two years since its launch.

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Disappointing year for AIM Distribution Trust

AIM Distribution Trust's results for the year ending in March are 'a little disappointing', according to its annual report released today.

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Wolfson invests in IP with Sonaptic acquisition

Wolfson Microelectronics, an LSE-quoted supplier of semiconductors for consumer electronic products, has acquired Sonaptic, a developer of micro-acoustic technologies.

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Boomerang buys Teledu Apollo

A Cardiff-based independent TV production company has strengthened its capabilities after buying one of its rivals. The Boomerang Group bought Teledu Apollo for an undisclosed sum.

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Management completes Chalcroft buy-out

Three directors at a Norfolk-based construction company have become shareholders in the business following a management buy-out.

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Management deal saves Collins & Hayes

A UK upholstery manufacturer that supplies its products to department stores such as Harrods, Selfridges and House of Fraser has been saved from closure after it was bought by two of its management team.

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3i buys Finnish telecom shareholding

A private equity and venture capital provider has bought a 13% stake in a Finnish telecoms company. 3i paid €140 million (£94.7 million) for the shareholding in Finnet, which will now trade as DNA.

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Management rescues Bayswater Tubes

The management team at Bayswater Tubes & Sections, a producer and fabricator of seam welded aluminium tubes, has bought the company from its administrator for an undisclosed sum. Post-completion, the company trades as Beasmart Aluminium Tubes.

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3i buys Finnish telecom shareholding

A private equity and venture capital provider has bought a 13% stake in a Finnish telecoms company. 3i paid €140 million (£94.7 million) for the shareholding in Finnet, which will now trade as DNA.

News

Management rescues Bayswater Tubes

The management team at Bayswater Tubes & Sections, a producer and fabricator of seam welded aluminium tubes, has bought the company from its administrator for an undisclosed sum. Post-completion, the company trades as Beasmart Aluminium Tubes.

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Kalbraier plans take-off for aviation firm

Suffolk-based entrepreneur Graeme Kalbraier has established an unusual spin-off from his insurance call handling company Call Connection – an aircraft charter business.

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YFM completes biggest deal yet

Venture capital group YFM has backed the secondary management buy-out of shipping and logistics specialist RMS Group.

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Homebuy saved by management duo

A provider of electrical products and household goods has been bought by two of its directors in a deal that has saved it from insolvency.

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Homebuy saved by management duo

A provider of electrical products and household goods has been bought by two of its directors in a £22 million deal that has saved the business from insolvency.

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