Vitec buys Technologies Talkdynamics’ assets

Surrey-based Vitec has acquired certain assets of Technologies Talkdynamics, a Canadian software development company, for undisclosed terms.

Other Done Deals

  • IHR Group has bought Ellis Fairbank, a Leeds-based recruitment firm with 110 staff, from its administrator for an undisclosed sum.
  • The assets of Taecanet, a Liverpool-based educational software company with some 20 staff, has been bought by a new company called T-Learning for an undisclosed sum after it was put into administration.
  • Syntax, a Derby-based IT and technical recruitment consultancy, has merged with Arcanza IT Services of Derby and Software Training Services of Heanor. The terms of the deal were undisclosed.
  • Shropshire-based Wrekin Construction has acquired Toft Johnson, a Staffordshire construction company with 35 staff, for undisclosed terms.
  • Affinity Food Holdings has secured new funding from the sale of an equity stake to R Capital, saving 125 jobs at its Leeds-based fresh foods distribution business.
  • Eve Trakway, which specialises in renting temporary roadways and ground coverings, has acquired Fluid Event Interiors, a £1 million revenue company that rents interior linings for temporary structures, venues and exhibitions. The terms of the deal were undisclosed.
  • Yorkshire-based financial firm Lawrence Scoffield has undergone a management buy-out. Founders Paul Lawrence and Dominic Scoffield sold the Leeds-based IFA they founded 28 years ago to a four-strong team led by Neil Moles and Sean Narey.

Deals in the pipeline

  • Saint Gobain Crystals is to sell its quartz products factory in Wallsend to Heraeus Quarzglas of Germany for an undisclosed sum, securing 125 jobs
  • Kroll Corporate Advisory & Restructuring Group, administrator of MFI Retail and MFI Properties, announced it is winding down some of the 81 stores in their control. They also stated that purchasers for the stores had not yet been identified, but negotiations with a range of prospective purchasers were continuing
  • London-based Coolabi, an AIM-listed media company focused on the ownership and creative management of children’s and family intellectual property rights, is to acquire Licensing by Design, a children’s characters merchandising company, for £400,000

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.

Related Topics