An Aberdeen-based diversified oilfield services group has strengthened its operations after buying two companies. Sovereign Oilfield Group spent £7.9 million adding Labtech Services and Vertec Engineering Services to its business.
Marine accommodation specialist Sanderson Maritime has acquired Liverpool’s oldest ship broker, SC Chambers & Co, with backing from the Merseyside Special Investment Fund. The deal was also supported with investment from Lloyds TSB and Sanderson’s own funds.
Matrix Private Equity has seen its VCT fundraisng performance turned around in the last three weeks of the tax year, raising almost 70 per cent of the £15.4 million total for its Matrix Income & Growth 4 VCT.
Arcapita’s acquisition of power firm Viridian is indicative of an increasingly international flavour to deal making in Northern Ireland. This is underpinned by an economy that has been expanding for almost four years.
Moveme.com, a website dedicated to moving house, has attracted £1 million from investors including Brent Hoberman, The Accelerator Group and Advent Venture Partners.
Two companies have received a second round of funding by the South Yorkshire Investment Fund (SYIF). Televideo and Interior Surfaces, which are both based in Sheffield, raised £75,000 and £20,000 respectively.
Moveme.com, a website dedicated to moving house, has attracted £1 million from investors including Brent Hoberman, The Accelerator Group and Advent Venture Partners.
Two companies have received a second round of funding by the South Yorkshire Investment Fund (SYIF). Televideo and Interior Surfaces, which are both based in Sheffield, raised £75,000 and £20,000 respectively.
Plant retailer Butters Group has received an undisclosed investment from London-based private equity firm Advantage Capital. The funding will be used to continue developing Butters and increasing its products range.
Excelsyn, a pharmaceutical and biotech services firm, has received a seven figure investment from two private equity firms. The company plans to continue the growth of its business in the UK and internationally after securing the backing of Endless and NorthStar Equity Investors.
Commodity Watch, which supplies information to investors, has listed on PLUS Markets. It issued some 5.2 million shares at 100p each, giving the company a market capitalisation of £5.2 million. The company now aims to expand its websites and events businesses.
