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Deals
09:42, 9 JUL 2021
Durham AI company to expand after securing six-figure investment round
Deals
gliff.ai - which is a spin-out from Durham University - creates AI for the healthcare and life sciences sectors
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World-first £100m driverless car test centre ready to open
Technology
It will allow developers from around the world to put the latest technology through all sorts of real life scenarios
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Bristol Private Equity Club and Newable Ventures secure £10m to fund early-stage businesses
Finance
Part of the funding will be used to back entrepreneurs and companies in the South West
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Newcastle tech business NBS sold to Swedish group in major deal
Deals
The company, which provides technology to the construction and architecture sectors, was the commercial arm of the Royal Institute of British Architects
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County Durham electric car charging firm signs £1.5m investment deal
Deals
Elmtronics, which creates software used in charging stations, has received the investment from investment manager Ingenious
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Wales' biggest housing association secures £65m funding boost
Deals
Pobl has issued long-term debt with Pension Insurance Corporation plc
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Accountancy firm of collapsed Juno Moneta Group under new ownership
Deals
The Alexander Partnership had been acquired out of administration by LHP Chartered Accountants
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David Wilson Homes buys stake in former Sherwood Forest colliery regeneration site
Housing
Thoresby Colliery was the region’s last deep mine and owner Harworth’s masterplan includes homes, jobs and a country park
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National operators take units on £30m Nottingham site
property news
Trade park, industrial space and care home going up at Teal Park off the Colwick Loop Road, in Netherfield
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£60m turnover “white glove" home delivery firm Panther Logistics sold to US giant AIT Worldwide Logistics
Logistics
In last four years Panther has created more than 300 new jobs, doubled sales to £60m-plus and tripled profits
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Sewell Group adds data tech specialist to estates consultancy Shared Agenda
Technology
Data presentation helps public sector organisations make informed decisions about services and physical locations
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Big Interview: Pall-Ex CEO on life after Hilary Devey, growth through Covid and plans to take on the world
Logistics
"When Covid-19 first hit in March that was an “Oh my God, what are we going to do?” moment"
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Management buyout at BHM Knitwear
Fashion
Group managing director Ben Littlejohn and sales director Nick Barana led the buyout supported by industry investors
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Planning granted for new office near East Midlands Airport
Offices
Building will be for sale or lease, and could appeal to company that is downsizing as more people work from home
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Stockton's Datum360 lands multimillion-pound investment deal from BGF
Deals
The Stockton firm is looking to open an office in the US after becoming the latest North East firm to get backing from BGF
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Newcastle company NBS enters Australian market with takeover deal
Deals
NBS has acquired SCL Schumann in Australia as it aims to become a global player in the architectural technology space
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Long-term impact of no-deal Brexit worse than Covid, warns Bank of England governor
Bank Of England
Andrew Bailey says effects of leaving on World Trade Organisation terms will hit hard
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Envolve Tech secures six-figure equity boost as it targets rapid expansion
Deals
The Newport start-up is attracting strong retail interest for its AI-based virtual shopping assistant
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E-scooter firm Ginger secures £500,000 investment to expand across Teesside
Deals
More than 63,000 miles have been traveled using the scooters since July
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Firm behind life saving skin cancer test year secures £1.5m investment
Deals
Newcastle company AMLo has developed a test that can show the risk of skin cancer spreading throughout the body
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Aviva agrees sale of stake in Italian life insurance joint venture
Deals
Subject to regulatory approval Aviva will receive €400m from UBI Banca
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Inspecs agrees to buy German eyewear company Eschenbach for €95m
Deals
Inspecs said the acquisition was a “key strategic step” in the company’s growth internationally
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Development Bank of Wales sees huge rise in lending in response to the pandemic
Deals
It provided debt and equity of £137m in the first half of its current financial year
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Cloud telecoms giant swoops for Giacom in huge tech deal set to deliver more growth
Deals
Daisy Group's DWS has acquired Hull IT platform provider in major undisclosed deal
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