A northeast-based entrepreneur has bought an industrial cleaning and waste disposal company as part of a plan to build an environmental services group.
Commercial real estate consultants Colliers CRE has bought Huthwaite Building Consultants for £1.1 million. The acquirer will pay £770,000 in cash and the balance in shares.
Against an apparently unfriendly VCT fundraising environment, Core Capital has topped its £20 million fundraising target by tugging in an impressive £21.7 million for its fourth and fifth VCTs.
With a £10 million top-up offer for its British Smaller Companies VCT, private equity group YFM now has a total of £145 million to invest in its chosen SME companies.
Against an apparently unfriendly VCT fundraising environment, Core Capital has topped its £20 million fundraising target by tugging in an impressive £21.7 million for its fourth and fifth VCTs.
With a £10 million top-up offer for its British Smaller Companies VCT, private equity group YFM now has a total of £145 million to invest in its chosen SME companies.
A northeast-based surveying specialist is moving to new premises after being bought by its management. Survey Inspection Systems (SIS) was sold to a three-strong team for an undisclosed sum.
Sweet Cred, which sells branded novelty confectionary, has received expansion capital of £5 million from private equity firm Octopus Investments. Alistair Brew from Octopus is joining Sweet Cred’s board, along with Harry Drnec, the former managing director of Red Bull.
Malaysian oil and gas services provider Plant Offshore is preparing a £22 million AIM flotation, supported by a £2.6 million placing arranged by HB Corporate.
