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Thu, 11 Mar 2021 | BUSINESS SALE
Next Plc has announced that it has purchased a 25 per cent stake in high street fashion chain Reiss, in a deal said to be worth around £200 million.
The brand has also revealed that it plans to invest £33 million int... continue reading
Wed, 10 Mar 2021 | ADMINISTRATION
London’s popular Angus Steakhouse chain has appealed to landlords for rent concessions, after COVID-19 pushed the £32 million turnover restaurant to the brink of administration. The steakhouse chain has hired KPMG to n... continue reading
Wed, 10 Mar 2021 | BUSINESS SALE
Private equity firm Sovereign Capital Partners has made a £55 million investment in Brighton-based wealth management firm Skerritts, which will enable the company to grow through acquisitions.
Skerritts, which is already... continue reading
Tue, 09 Mar 2021 | BUSINESS NEWS
UK-based takeaway delivery app Foodhub is hoping to raise £100 million in private equity funding to drive its global expansion and grow through acquisitions. The Stoke-on-Trent company has already expanded across numerous co... continue reading
Tue, 09 Mar 2021 | BUSINESS SALE
The Oakman Group has acquired six pubs formerly operated by Seafood Pub Company, which fell into administration last year. Seafood Pub Company will now become Oakman’s third brand (along with Oakmans Inns and Beech House) an... continue reading
Mon, 08 Mar 2021 | MBO/MBI
Creative agency Beattie Communications has been taken over in an MBO led by its Chief Executive Laurna Woods. Following the MBO, the business will rebrand and change its name at some point in the near future. The price paid in the... continue reading
Mon, 08 Mar 2021 | ADMINISTRATION
Boutique bank Greensill Capital has filed for administration, putting the future of steel firm GFG Alliance and its subsidiary Liberty Steel, which are heavily exposed to the bank, at risk of collapse.
Greensill filed for admini... continue reading
Fri, 05 Mar 2021 | BUSINESS SALE
Telecoms and cloud services provider OneCom, which is backed by private equity firm LDC, has completed the acquisition of 9 Group. The takeover, which follows OneCom’s acquisition of its closest rival Olive Communications la... continue reading
Fri, 05 Mar 2021 | BUSINESS SALE
London-based insurance broker Specialist Risk Group (SRG) has announced the acquisition of CLS Risk Solutions, the group’s fourth takeover of 2021. SRG was acquired by private-equity firm HGGC in December 2020 and since then... continue reading
Thu, 04 Mar 2021 | BUSINESS SALE
Leading science magazine New Scientist has been sold to publishing group DMGT for £70 million, a 10x multiple of the publication’s forecast £7 million profits. The sale fee also represents a 3.5x multiple on New ... continue reading
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Fred Done strikes a deal for Golf Holidays Direct | BUSINESS SALE
A golf holiday business has been bought by a travel agency o...
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AA Jones Electric charges to £1.5 million management buy-out deal | MBO/MBI
Hull-based electrical wholesaler AA Jones Electric has struc...
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Cranswick buys pig genetics group JSR | BUSINESS SALE
Listed UK-based food group Cranswick has bought the entire s...
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