Tue, 28 Jun 2011 | BUSINESS NEWS
True their names, turnaround investors are helping to turn around the British economy, after investing nearly £1 billion in distressed and failing companies during the last twelve months.
The investors are stepping in... continue reading
Mon, 27 Jun 2011 | BUSINESS NEWS
Government proposals are piling the pressure onto [prepack] administration deals, in a move that could help to open the market to more business buyers who are interested in the distressed market.
The draft statutory instrument w... continue reading
Wed, 22 Jun 2011 | BUSINESS NEWS
The high street is bracing itself for another wave of company failures as quarterly rents are due this Friday. Entrepreneurial predators can, therefore, expect several opportunities to make acquisitions over the coming weeks.
Qua... continue reading
Tue, 21 Jun 2011 | BUSINESS NEWS
KPMG has recently reported a change in approach to helping distressed businesses. Over the past year specialist turnaround investors have injected nearly £1 billion into struggling businesses to help them stay solvent.
This... continue reading
Tue, 14 Jun 2011 | BUSINESS NEWS
Two years after rescuing acoustic lining manufacturer TMAT Ltd out of administration, its owner has celebrated recording its first £1 million month by handing out cash bonuses to every member of the 100-strong workforce.
J... continue reading
Sun, 29 May 2011 | BUSINESS NEWS
AssetCo, the global fire and rescue services business, is itself looking for a white knight to save it from going down in flames.
The company evolved from the asset management and leasing subsidiary of British Gas, and supplies l... continue reading
Thu, 26 May 2011 | BUSINESS NEWS
The Government’s proposed new rules, designed to slow down the controversial pre-pack administration, have been disputed by some of the globe's largest accountancy firms.
Ernest & Young, Deloitte, KPMG and Pricewaterho... continue reading
Thu, 07 Apr 2011 | BUSINESS NEWS
High street restaurant chain, Prezzo, has seen its taste for mergers and acquisitions help it achieve pre-tax profits in 2010 that were 40 per cent up on the figures for 2009.
Among the company's purchases last year was the... continue reading
Mon, 04 Apr 2011 | BUSINESS NEWS
Ed Davey, the Business Innovation and Skills minister, has proposed new rules for the pre-pack administration process which would slow it down considerably.
Mr Davey’s proposal involves giving a three-day notice period for ... continue reading
Wed, 23 Mar 2011 | BUSINESS NEWS
Most businesses will consider today’s Budget good news, as the Chancellor, George Osborne, announced a number of measures designed to support start-up and growing enterprises.
Entrepreneur’s Relief has been doubled to... continue reading
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Apr
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Household goods retailer Lakeland undergoes a management buyout | MBO/MBI
Windermere-based family-owned household goods retailer, Lake...
17
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Apr
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Manchester tech firm Wakelet bought out of administration | BUSINESS SALE
A Manchester technology company has been bought out of admin...
17
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Apr
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Nutrition company Science in Sports bought by investment firm for £82 million | BUSINESS SALE
Nutrition specialist Science in Sport (SiS) has agreed to be...
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