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Senior managers at manufacturer Securistyle have acquired a majority shareholding following a £42.3 million secondary buy-out. The deal, which was led by managing director Paul Cook, was completed with funding provided by Bank of Scotland Integrated Finance.

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For many people, the New Year is a period of promises and good intentions. Pledges are made to actually use that gym membership and start a rigorous detox regime. Philip Verity, a partner at international accountancy firm Mazars, suggests ten ways to get your business in top shape at the same time.

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Bury St Edmunds-based Pneumatic Lines, which provides electronic and pneumatic control systems to a variety of industries in the Midlands and East Anglia, has undergone a management buyout. GE Commercial Finance backed the deal.

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UK software company BuildOnline has merged with its US counterpart Citadon to create CTSpace. Howard Koenig, chairman of the new business, expects high-growth opportunities given the company now has a presence in Europe, North America and Asia-Pacific.

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SPI, which provides building services such as installation and repair to the social housing sector, has received funding from private equity firm Lyceum Capital. Lloyds TSB supplied debt.

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Harrier, an investment company targeting the financial services, IT and cyclical services sectors, has moved from AIM to PLUS Markets after failing to complete an investment within the timescale set out by the London Stock Exchange at the end of last year.