FRP Corporate Finance has advised Norwich-based specialist industrial systems integrator Proeon Holdings (Proeon) on its sale to RSK Group (RSK). Based at the Hethel Engineering Centre on the outskirts of the city, Proeon provides a range of safety, maintenance and cyber security services to the energy, manufacturing, and utility industries worldwide. The business specialises in […]
Bibby Financial Services (BFS) has increased its funding support for MPL Home – a multi-disciplined business supplying goods such as textiles, electricals and branded goods to some of the world’s biggest retailers – to support the acquisition of another business. MPL Home, based in Hemel Hempstead, has a rich history spanning back to 1946. Since […]
The private equity team at national law firm, Foot Anstey LLP has reported a successful first half of the 2022 calendar year, having completed in excess of 10 private equity-backed deals. The team at Foot Anstey specialises in advising private equity-backed portfolio companies bolt-on and buy-and-build acquisitions, as well as having a deep specialism in […]
Secure Trust Bank’s commercial finance team in the Midlands has delivered more than £200m in lending facilities since it opened its regional office four years ago. It has since delivered finance to over 20 of the region’s businesses. Over the last year, facilities provided by the bank have included a £10m combined facility to 200-year-old […]
The total value of lending to UK businesses has risen by £12bn to £533bn in the 9 months to end May 2022* as banks increase their lending following a sharp fall at the end of the CBILS and BBLS schemes, shows research by ACP Altenburg Advisory (“Altenburg”), the debt advisory specialists. Altenburg says that the […]
Mark Lucas, managing director at business advisory firm Quantuma, has advised the shareholders of Uni-Pol on their sale to Doncasters. Uni-Pol is a global specialist manufacturer of superalloy cast parts with revenues of c$100m and has over 700 employees in India, China, Mexico and Europe. Doncasters is a global manufacturer of high-precision alloy components with […]
British Business Investments today announces a cornerstone commitment of £20m to Tosca Debt Capital’s (TDC) Impact Fund, which focuses on supporting entrepreneur-led smaller businesses looking to grow and create employment following the adverse pressures of the pandemic. TDC achieved a first close of the fund of £40m and is targeting a hard cap of £50m. […]
ID-Pal, the global identity verification provider, today announced a €7m (£6m) Series A funding round to further fuel expansion into international markets. The round was led by Inspire Investments with confidence shared by Act Venture Capital who have now participated in ID-Pal’s last two rounds. Inspire Investments is led by Derek Delaney, CEO of Waystone, […]
Specialist business property adviser, Christie & Co, has announced the sale of Hill House Care Home near Malmesbury in Wiltshire to Bristol-based group, Cedar Care. When the previous owners purchased Hill House Care Home via Christie & Co in 2008, it was trading as a boutique residential care home registered for 19, operating from a […]
Specialist business property adviser, Christie & Co, has announced the sale of Norsworthy Limited – a group of three quality pharmacies in the southwest of England – to Day Lewis plc. The group, which comprises Topsham Pharmacy in Topsham, Devon, Glasshouse Pharmacy in Countess Wear, Exeter, and West Hoe Pharmacy in Plymouth, has a combined […]
