Ingenious Media Active Capital (IMAC) has completed an investment of up to £4.15m in Community Television Networks (CTN). The investment is to be formally adopted by the shareholders of CTN at an EGM on 8 March 2007.
Ambitious drug developer Oxford Genome Sciences (OGeS) has secured private equity funding of an undisclosed sum from a syndicate of investors. The funding round was led by Catapult Growth Fund and included South East Growth Fund and Oxford Capital Partners.
Finance professionals working for UK businesses believe that the economy may have reached its peak in the current business cycle, research by the Institute of Chartered Accountants in England and Wales (ICAEW) has found.
While concern mounts that larger private equity houses are over leveraged, it seems that funding for companies at the smaller end of the scale is in good health.
While concern mounts that larger private equity houses are over leveraged, it seems that funding for companies at the smaller end of the scale is in good health.
A luxury lighting company that includes royalty and governments among its clients has bought two companies - its first acquisitions since it started trading some 120 years ago. Dernier & Hamlyn (D&H) targeted Tindle Lighting and Reid Lighting to expand its range of products and services.
Builders merchant Travis Perkins has added five new sites to its business after buying Passmore Drywall & Insulation for £13.4 million in cash funded from its existing resources.
Oscar-winning visual effects group The Mill has been acquired in a management buy-out (MBO) from 3i. The Carlyle Group’s technology fund, Carlyle Europe Technology Partners, backed the deal.
