Home » News » Page 579

Category

News

Milk company joins PLUS

National Milk Records (NMR), a holding company that supplies software to the dairy industry, has listed on PLUS Markets, placing 7.3 million shares at 43p each.

News

News

Great expectations for Presence Networks

Presence Networks, an instant messaging service provider, has received £250,000 of investment from The Capital Fund. It is one of a series of investments in the company by the venture capital fund, which backs fast-growth businesses in London.

News

AXA buys two insurance brokers

Insurance and asset management group AXA UK has strengthened its broking services business to the SME market after buying two companies. The group has bought insurance brokers Stuart Alexander and Layton Blackham in deals funded by its private equity business, Venture Preference.

News

Child’s play costs Christy £21 million

Barclays Ventures has backed the £21 million management buy-out of Christy Group, a designer and distributor of children’s costumes, from a private shareholder group. The vendor has kept a minority stake in the company.

News

Funding boost for creators of SuperTed

Animation company Calon has secured a capital investment of £600,000 from Finance Wales. Calon, the creators behind shows such as SuperTed and Sali Mali, hopes the funding will allow the company to take more control over intellectual property rights, while also building a presence in the digital arena through acquisitions.

News

LDC backs CMG buy-out

Cable Management Group (CMG), a designer, manufacturer and supplier of conduit systems, electrical accessories and specialist plumbing tools, has been bought by its management. The financial terms of the deal have not been disclosed but it was funded by private equity firm Lloyds Development Capital (LDC).

News

Truphone in £12.5 million funding round

Mobile internet network operator Truphone has secured £12.5 million in the largest initial round of venture capital funding in the European technology sector in 2006.

News

ISIS backs £33 million offshore buy-out

Anglo Irish Trust Company has been bought by a team led by its managing director in one of the Isle of Man’s largest management buy-outs. The financial services provider was bought for £33 million in a deal backed by ISIS Equity Partners.

News

Truphone in £12.5 million funding round

Mobile internet network operator Truphone has secured £12.5 million in the largest initial round of venture capital funding in the European technology sector in 2006.

News

ISIS backs £33 million offshore buy-out

Anglo Irish Trust Company has been bought by a team led by its managing director in one of the Isle of Man’s largest management buy-outs. The financial services provider was bought for £33 million in a deal backed by ISIS Equity Partners.

News

OpenCloud secures venture capital

OpenCloud, a technology company for the telecommunications sector, has raised $10.25 million (£5.3 million) funding from Advent Venture Partners, No 8 Ventures and Motorola Ventures.

News

Management buys furniture firm

Upmarket furniture retail company Willis & Gambier has been acquired in a management buy-out worth £55 million. The management team, led by founder Nigel Gambier and Bank of Scotland Integrated Finance, funded the deal with debt and equity.

News

LDC backs travel company buy-out

The Advanced Travel Partner (ATP), a corporate travel and event management company, has been bought by its directors in a deal backed by Lloyds Development Capital (LDC), the investment business of Lloyds TSB, for an eight-figure sum.

News

Plastic Logic secures $100 million

Plastic Logic, which develops plastic electronics for flexible displays and sensors, has raised $100 million (£51.7 million) in one of the largest financings in the history of European venture capital.

Recommended Content