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Deals

Gear4Music buys £2.4m of stock and assets from collapsed rival Gak.co.uk
Retail & High Street
The Yorkshire musical instrument seller says it has no plans to use the Gak trading name
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Cardiff fintech start up Burbank in partnership with global payments tech firm Transactility
Technology
Cardiff-based fintech start-up Burbank has been boosted with a strategic partnership with global payments technology provider Transactility.
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Durham tech firm PervasID seals £200,000 investment to accelerate US growth plans
Deals
The investment from Maven Cognition marks another milestone in its global growth strategy.
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North East deals of the week: key contracts, investments and acquisitions
Deals
Companies featuring in this week's round-up include Omega Asbestos Consulting, Newcastle Financial Advisers, Pearson Engineering, Nanovery and TSG
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Gateshead energy app firm equiwatt raises £700,000 for new platform
Deals
The firm's energy management app rewards consumers for switching off appliances at peak time
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Residential scheme in Tonyrefail secures £24.5m investment
Commercial Property
The scheme for 114 homes from Tirion Homes has secured banking from the Development Bank of Wales and the Welsh Government
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Hull's Accountabl sold to Swedish fintech Done.ai
Deals
The deal will see Accountabl's offer rolled out in the Nordics
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Hull's Bombiix to use £530k investment to market new software product and create jobs
Deals
The business was set up by Lucy Blackley after her experience of frustration working with systems in a product-focussed job
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Hull hamper business which supplies Jaguar Land Rover secures £227k funding to grow
SMEs
Peach Hampers supplies personalised and branded hampers throughout the º£½ÇÊÓƵ and Europe
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Somerset Council building to be transformed into key worker housing
Housing
The local authority has sold off the property and will use the funds to deliver 'vital' services, it said
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Manufacturers and female founders flock to Northern Powerhouse fund as it prepares for its anniversary
Finance
Robot submarine firm among those backed by Northern Powerhouse Investment Fund II
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Newcastle Financial Advisers snaps up County Durham company as owners retire
Deals
Orchard founders Graeme and Michele Leigh are now retiring after launching the business 27 years ago
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Pearson Engineering works on robot mine sweeper being trialled by British Army
Deals
The Weevil robot can clear minefields quicker and safer than present capabilities, reducing risk to soldiers on the front line
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Newcastle biotech pioneer Nanovery seals £1.1m funding boost
Deals
The Biosphere based business has received support from two Northstar Ventures backed funds, alongside investors Smartlink
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Alacrity Foundation spinout tech firm Lumin Solutions in equity fundraise boost
Deals
The company has developed an innovative case management system for use by child social care providers
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The latest acquisitions and equity investments in Wales
Deals
Companies featured include Burbank, 10six Games and Cellar Drinks
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TSG acquires Computer Geeks to expand South West presence
Deals
The North East-based firm has talked of its ambitions to make three acquisitions per year, over the next three years
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Arla Foods to merge with German milk cooperative to form €19bn revenue giant
Food and Drink
The merged organisation will keep the Arla name, but will have its headquarters in Denmark
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North East deals of the week: key contracts, investments and acquisitions
Deals
Companies featuring in this week's round-up of regional deals include Microbritt, Hitachi Rail and Arriva Group, Banks Group, Womble Bond Dickinson, Home Group and OptiMe
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Aelius Biotech scientists raise £750,000 to expand overseas presence
Deals
Aelius’s model is the only one of its type that can simulate all three stages of the digestion process – from substances passing through the gut, crossing the mucus layer on its surface and being absorbed into the body.
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Cheshire HR software firm makes Appraisd acquisition as it vows global growth
North West
CEO hails ‘pivotal moment’ for LDC-backed group
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Powys-based Cambrian Training Group becomes employess-owned
Enterprise
It is now owned by an employee-ownership trust
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£300m train deal for Hitachi Rail's County Durham base safeguards hundreds of jobs
Deals
The trains will also be 20% more environmentally friendly than the current service and deliver 400,000 extra journeys a year
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Viral Yorkshire cleaning brand The Pink Stuff to be snapped up by $7bn global group
Deals
Star Brands, the Leeds business behind Pink Stuff Miracle cleaning paste and sprays, is to be sold off by investment group Mobeus
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