Xceleron raises £2 million
Drug development company Xceleron has secured £2 million in an early stage funding round led by Close Ventures.
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Drug development company Xceleron has secured £2 million in an early stage funding round led by Close Ventures.
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Rugged Logic, a provider of custom-built financial spreadsheet systems, has received more than £600,000 from a funding round led by the Merseyside Special Investment Fund (MSIF).
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Private investor network Hotbed has bought the freehold of an office building in Kings Cross, London for £8 million.
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Planit Holdings, a CAM/CAD specialist, has been bought by a management buy-out team in a public to private deal worth £40.9 million. The buy-out team was backed by August Equity, which invested £14.2 million in the deal, after its ordinary shares were valued at 29p each.
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Biotechnology developer OrthoMimetics has raised £5 million in a Series A funding round, managed by Eden Financial.
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Nearly two-thirds of small businesses have given the Government a thumbs-down over the level of support provided for start-ups, says a survey conducted by telecoms specialist Unicom.
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Mid-market investor Inflexion Private Equity has backed the £13 million management buy-out of motorhome manufacturer Autocruise, taking a majority shareholding in the company after investing £5.9 million.
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Chancellor Gordon Brown has veered away from a proposed tax on corporate debt in his pre-Budget Report, much to the relief of private equity firms.
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Mid-market investor Inflexion Private Equity has backed the £13 million management buy-out of motorhome manufacturer Autocruise, taking a majority shareholding in the company after investing £5.9 million.
News
Chancellor Gordon Brown has veered away from a proposed tax on corporate debt in his pre-Budget Report, much to the relief of private equity firms.
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Student Resources, which provides marketing and recruitment services to colleges and training organisations, has received £600,000 funding from Enterprise Ventures (EV).
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4imprint Group, a merchandising specialist, has bought promotional products manufacturer Supreme Group for £12 million.
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Scottish recruitment agency Change Recruitment Group (CRG) has been acquired in a £14 million management buy-out, backed by NBGI Private Equity.
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Intellistream, which develops interactive 3G video technology, has raised £355,000 in a funding round led by London Technology Fund (LTF).
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