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Fri, 09 Sep 2022 | ADMINISTRATION
National roofing services provider Avonside Group has fallen into administration, with administrators from Begbies Traynor in the process of selling parts of the business. The group, which is based in Greater Manchester, fell into... continue reading
Thu, 08 Sep 2022 | BUSINESS SALE
Windsor-headquartered IT firm Spinnakar Ltd has been sold to US IT channel company Wayside Technology Group. The deal is valued at around £9.8 million, roughly a 6.5x multiple of Spinnakar’s £1.5 million in pre-t... continue reading
Wed, 07 Sep 2022 | BUSINESS NEWS
Inbound M&A into the UK remained strong in the second quarter of the year, despite overall UK deal volumes plunging sharply compared to the first quarter. New figures from the Office for National Statistics have shown that there w... continue reading
Tue, 06 Sep 2022 | BUSINESS NEWS
Digital transformation consultancy TPXimpact has secured a £30 million loan to support its acquisition strategy. The company has secured a Sustainability Linked Loan (SLL) from HSBC comprising a £20 million refinance a... continue reading
Mon, 05 Sep 2022 | BUSINESS SALE
Birmingham-based clothing business BTC Activewear has been acquired by listed Swedish firm New Wave Group in a deal that values the company at £33 million. The price represents a multiple of around 8.25x BTC’s profits ... continue reading
Fri, 02 Sep 2022 | ADMINISTRATION
Aberdeen’s Bon Accord shopping centre will be put up for sale, after its owners fell into administration. The Guernsey-based owners – Aberdeen Retail 1 Limited and Aberdeen Retail 2 Limited – were placed into adm... continue reading
Thu, 01 Sep 2022 | BUSINESS SALE
Christie-Elite Nurseries Ltd, a leading UK grower of commercial trees, has been put up for sale, with offers of over £3 million being sought for the business. The company, which specialises in broadleaf varieties and conifer... continue reading
Wed, 31 Aug 2022 | BUSINESS NEWS
UK manufacturing sector insolvencies increased 63 per cent in the last year, as firms suffered from issues including COVID-19, pandemic-related debts, Brexit trade restrictions and shortages of labour and raw materials. The number... continue reading
Tue, 30 Aug 2022 | BUSINESS SALE
Birmingham-based early years provider Busy Bees has expanded its presence in Hampshire with the acquisition of Egg Days Nurseries. The family-owned firm has three nurseries in Andover and Winchester and takes Busy Bees’ pres... continue reading
Fri, 26 Aug 2022 | BUSINESS SALE
Optimo Care Group has acquired Greater Manchester-based domiciliary care provider Mayday Homecare in what it says will be the “first of many” acquisitions planned over the coming year.
Optimo is planning to use an a... continue reading
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Yacht maker Fairline plunges into administration | ADMINISTRATION
Luxury yacht manufacturer Fairline Yachts has gone into admi...
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UK administrations update: January 21 – 28 | ADMINISTRATION
Since our last update, the following businesses have been co...
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Workspace 365 set to speed up international growth after Aries deal | BUSINESS NEWS
Manchester-headquartered Workspace 365 has sealed a new stra...
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