Twin coup for Digital Marketing Group

Digital Marketing Group has bought Cybercom Group UK, a London-based provider of information technology services, and Gasbox, a Nottingham-based provider of direct voice marketing services, for a combined £16 million.

Other Done Deals

Fleming Family & Partners has taken a 25 per cent stake in oil and gas software services company Ikon Science, making it the largest shareholder. The deal was reported to value Ikon at under £50 million

Xchanging has agreed to buy 75 per cent of India’s outsourcing and IT group Cambridge Solutions for £83 million in cash and shares

UK-based Grass Roots Group has acquired 90 per cent of Mumbai-based merchandise and corporate gift supplier Tajonline India Pvt

Singapore-based transport giant ComfortDelGro has bought the largest taxi booking service in Liverpool. It bought Merseyside Radio Meter Cabs for £800,000

Qatar Investment Authority has bought a 20 per cent stake in Elliott Bernerd and Sir Stuart Lipton’s Chelsfield Partners for £80 million, as part of a push into the UK’s development and investment markets

Matrix Private Equity Partners has taken a significant minority stake in Metropress, publisher of the Antiques Trade Gazette. The terms of the deal were undisclosed

Kofax plc, a provider of Intelligent Capture & Exchange services, has acquired the shares of OptiInvoice Digital Technology AB, a Scandinavian company that develops and markets electronic invoice processing software. The terms of the deal were undisclosed

The Australian unit of H.J. Heinz Co will buy food producer Golden Circle in a deal valuing the canned fruit and juice producer at about A$288 million (£121.6 million)

WS Atkins plc, Europe’s largest design and engineering consultancy, has acquired MG Bennett & Associates, a multidisciplinary engineering design company, from its founder shareholders for a cash consideration of £2.5 million

Publishing giant Bloomsbury has paid £2 million initially for Oxford-based Berg Publishers. Another £1 million could be paid if Berg gains enough subscribers in 2014 and 2015 for its online service Berg Fashion Library, a database of fashion to be launched in 2010

RiskMetrics Group, a provider of risk and corporate governance services, has acquired Applied4 Technology, a firm known for its expertise in performance attribution. The terms of the deal were undisclosed

Alcan Global PharmaceuticalPackaging, a division of Alcan Packaging, a business unit of UK mining group Rio Tinto Alcan, has acquired the Chakan flexible packaging plant from Associated CapsulesPrivate in India for undisclosed terms

Deals in the pipeline

Plans by Ireland’s Elan Corp to sell its drug delivery unit in an auction have been delayed by the credit crisis, but discussions are ongoing

Marc Barber

Marc Barber

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

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