Home » News » Page 584

Category

News

£10m for Keronite

Keronite, the developer of new metal-coating process that hardens the surface of aluminium and magnesium alloys, has concluded a £10 million funding round backed by hi-tech VCT firm Quester (£1.3 million) and private investor network Hotbed (£2.7 million) among others.

News

News

Rubicon heads to market

Rubicon Software, which develops customer relationship management applications for the financial services sector, is eyeing an AIM launch for 6 September – having raised £770,000 (£430,000 net of expenses) from investors with the aid of broker and adviser WH Ireland.

News

Velosi looks to AIM

Velosi, which offers a range of services to the oil and gas sector, is currently in the throws of a £10 million share placing ahead of its imminent AIM arrival.

News

Bridges catches Chill

Bridges Community Ventures has committed £3 million to a new project to build England’s first real snow Alpine village.

News

Probability’s AIM call

Mobile gambling services business Probability is seeking to raise just over £4 million from investors (through a placing at 76p) ahead of its anticipated AIM launch later this month.

News

Lion gobbles Kettle Chips

Private equity house Lion Capital is set to swallow premium crisp maker Kettle Foods. London-based Lion should complete the transaction within a month, once the regulators have digested the details.

News

Matrix assumes full control at TriVen

TriVen, one of only two VCTs hitherto presided over by a triumvirate of fund managers, is to pass control of its entire portfolio of Matrix Private Equity as it bids to ‘streamline’ its structure and ‘improve shareholder returns.’

News

Mergermarket boost for Beringea

Beringea, operator of both the ProVen and ProVen Growth & Income VCT funds, is set for a major cash windfall – courtesy of the Financial Times’ £101 million acquisition of portfolio company mergermarket. The deal sees both trusts realise substantial gains on their previous investment valuations.

News

Matrix assumes full control at TriVen

TriVen, one of only two VCTs hitherto presided over by a triumvirate of fund managers, is to pass control of its entire portfolio of Matrix Private Equity as it bids to ‘streamline’ its structure and ‘improve shareholder returns.’

News

Mergermarket boost for Beringea

Beringea, operator of both the ProVen and ProVen Growth & Income VCT funds, is set for a major cash windfall – courtesy of the Financial Times’ £101 million acquisition of portfolio company mergermarket. The deal sees both trusts realise substantial gains on their previous investment valuations.

News

Cash hit for IXICO

IXICO, a spin-out company from London University, has drummed up £930,000 in its first institutional fundraising, from The Capital Fund and a number of private investors.

News

Ingenious backs The Invisible Band

Media-industry investment business Ingenious has signed its second deal with record label Independiente, having agreed to invest an initial £2 million in the production of melodic Scottish pop-rock outfit Travis’ fifth album. Both of Ingenious’ Music VCTs are involved in the deal.

News

JumpTV tunes into AIM

Canadian media group JumpTV – which broadcasts a range of subscription-based ethnic television channels via the internet – is seeking to raise up to £31.4 million from investors, ahead of a planned AIM float next Thursday. Canaccord Adams is acting as broker and adviser to the float.

News

PHF backed by Bridges

Nottingham-based healthcare administration business PHF Services, has received £600,000 of expansion capital from Bridges Community Ventures, the investment group that specialises in backing businesses based in the UK’s most deprived areas. Formed in 2003, PHF makes its money through the provision of ‘virtual secretarial and billing services,’ for doctors.

Recommended Content