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Wed, 13 Dec 2023 | ADMINISTRATION
WHP, a Gateshead-based engineering business that was backed by private equity firm Endless, has fallen into administration after facing significant financial challenges over recent months. The business had been impacted by headwin... continue reading
Tue, 12 Dec 2023 | ADMINISTRATION
VBites Foods Ltd, the plant-based food manufacturer established by well-known businesswoman Heather Mills, has fallen into administration. James Clark and Howard Smith from Interpath Advisory were appointed joint administrators on... continue reading
Tue, 12 Dec 2023 | BUSINESS SALE
Begbies Traynor has continued its acquisitive growth strategy with a deal for property auctioneers SDL Auctions Ltd. The deal is worth up to £3.25 million, which represents a 6.5x multiple of SDL’s normalised pre-tax p... continue reading
Tue, 12 Dec 2023 | BUSINESS SALE
WN Vtech Group, a group of automotive engineering businesses, has been acquired out of administration by an international entrepreneur. The company, formerly known as Woodall Nicholson, fell into administration last month.
Tene... continue reading
Mon, 11 Dec 2023 | BUSINESS NEWS
Professional services firm Begbies Traynor Group has said it will continue to target acquisitions and expects activity levels in insolvencies, its largest service line, to increase further amid ongoing high interest rates and infl... continue reading
Mon, 11 Dec 2023 | MBO/MBI
Class People, a Cheltenham-headquartered education recruitment firm, has undergone a management buyout (MBO) for an undisclosed sum. The MBO sees Managing Director Naomi Howells acquire the majority share of the company, with foun... continue reading
Mon, 11 Dec 2023 | BUSINESS SALE
According to reports, TowerBrook Capital Partners is in talks over a potential disposal of the Azzurri Group of
restaurant chains. A source close to the deal was cited as saying that Rothschild is one of the leading contenders to ... continue reading
Fri, 08 Dec 2023 | BUSINESS SALE
Heat Recruitment, a recruitment consultancy with operations in Bristol and Manchester, has been acquired out of administration by Welsh recruitment group Smart Solutions Group in a pre-pack deal. The deal enables Smart Solutions t... continue reading
Fri, 08 Dec 2023 | ADMINISTRATION
Paintbox Transportation Services Limited (PTSL), a firm that specialises in the painting of rail carriages for a range of rail industry businesses, has fallen into administration. The administration comes amid financial pressure a... continue reading
Thu, 07 Dec 2023 | BUSINESS SALE
Impact Environmental Group (IEG) has expanded with the acquisition of Capital Compactors (CCL), a West Sussex-based provider of waste compactors and balers. The company is the fourth major UK waste products and services firm to jo... continue reading
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Elite KL undergoes MBO and changes name to Calatherm | MBO/MBI
A Staffordshire-based heating, ventilation, air conditioning...
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UK administrations update: March 11 – 18 | ADMINISTRATION
Since our last update, the following businesses have been co...
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Northern Telecom buys Welsh peer Dyfed Telecom | BUSINESS SALE
Leeds-based telecommunication company Northern Telecom has e...
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