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Thu, 02 Jan 2020 | DIVISION SALE
Wealth management firm Quilter has completed the sale of Quilter Life Assurance (QLA) to ReAssure Group for £445 million.
The deal was first announced in August of 2019 for an agreed fee of £425 million, the addition... continue reading
Fri, 20 Dec 2019 | MBO/MBI
Mineral water brand Brecon Carreg has returned to Welsh ownership after being acquired from Belgian company Spadel in a management buyout (MBO).
The MBO was lead by Brecon Carreg’s commercial manager David Stockley. All of... continue reading
Thu, 19 Dec 2019 | BUSINESS SALE
The acquisition of SCISYS Group by Canada-headquartered IT services company CGI has been completed. CGI agreed the deal to acquire Dublin-based SCISYS in June for £78.9 million, it was expected to complete in November but wa... continue reading
Wed, 18 Dec 2019 | ADMINISTRATION
Online and pop-up book retailer The Book People has gone into administration, announcing that it has appointed advisers from PricewaterhouseCoopers.
PwC administrators have said that there will be no immediate redundancies and t... continue reading
Tue, 17 Dec 2019 | MBO/MBI
Gloucester-based manufacturing firm Window Widgets has been acquired from US-based Masonite International Corporation by its UK management team in an MBO.
Window Widgets, situated on Gloucester’s Quedegely West Business Pa... continue reading
Mon, 16 Dec 2019 | DIVISION SALE
Building services contractor NG Bailey has acquired Schneider Electric’s Substation Engineering Services (SES) division.
Schneider is a provider of power engineering and facilities solutions, with its SES division operatin... continue reading
Sun, 15 Dec 2019 | DIVISION SALE
Power utility SSE has announced it has completed the sale of its retail arm SSE Energy Services to OVO Energy for £500 million.
SSE will use the proceeds of £400 million cash plus a £100 million loan note to tr... continue reading
Fri, 13 Dec 2019 | BUSINESS SALE
Commercial law and professional services firm Gateley has acquired development company T-three in a £3.4 million deal. Gateley says that the deal will create “one of the largest specialist human capital consultancy bus... continue reading
Thu, 12 Dec 2019 | BUSINESS SALE
Living solutions provider Appello has acquired telecare and out of hours call monitoring service Medvivo Careline from its parent Medvivo Company.
Medvivo started trading in 1989 as Magna Careline. It provides alarm monitoring a... continue reading
Wed, 11 Dec 2019 | ADMINISTRATION
DJS Limited, the parent company of payday lender PiggyBank, has entered administration and will no longer be offering new loans to customers.
DJS has appointed HJS Recovery as administrator and HJS has said that it will oversee a... continue reading
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Irish engineer Glanua buys UK energy specialist Marches Biogas | BUSINESS SALE
Irish engineering group Glanua has bought UK renewable energ...
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Bowers return with purchase of Humberside Lifting Services | BUSINESS SALE
Sector experts Ben Bowers and his father Malcolm have return...
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Management buy-in at historic Welsh engineering firm | MBO/MBI
Family-run engineering, fabrication and machining business A...
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