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Deals

LadBible owner acquires US-based Betches Media in deal worth up to $54m
North West
The company will remain a stand-alone business, but will work with LBG Media's existing US team
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Prime office Rivergreen Centre sold to Durham County Council in £11m deal
property news
The Aykley Heads office has been the long-term head office for Atom Bank
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º£½ÇÊÓƵ Newcastle hotel Jesmond Dene House is sold to new owners
Deals
The off-market transaction to sell the Jesmond hotel was brokered by Knight Frank and Simon Stevens Associates
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Amigo exploring transactions to generate value for shareholders
Finance
The Bournemouth-based company is the parent firm of troubled lender Amigo Loans
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Hercules Site Services announces revenues of over £80 million
Company Results
The Gloucestershire-based firm has a blue-chip customer base, which includes Balfour Beatty, Costain, Kier, Skanska, Dyer & Butler and Volker Fitzpatrick
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North East deals of the week: key contracts, acquisitions and investments
Deals
Companies featuring in this week's round-up including Lumley Castle, Gestamp, Green Lithium Refining, Advanced Electric Machines, Dysart, Prism Financial Advice Ltd, Northern Powergrid and M2 Education Ltd
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KnitLab North founder exits to focus on new business venture
Deals
Jo Storie has sold her share of the Cramlington company to co-founder Jo Lennon
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NE&C Windows & Doors gets clear view on growth plans with £150,000 investment
Deals
The Washington firm was the subject of a management buy-out earlier this year
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Big fall in number of smaller Welsh firms sourcing external finance
Banking & Finance
New research from the British Business Bank shows smaller firms in Wales have seen the bigger rise in equity deals but their value only represent 0.5% of the º£½ÇÊÓƵ as a whole
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First units sold at Beauchamp Business Park in South Leicestershire
Construction
First units sold at Beauchamp Business Park in South Leicestershire
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Northern Powergrid secures £1.1m from Ofgem fund to advance innovation projects
Deals
It has secured the funds from Ofgem’s Strategic Innovation Fund
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Next confirms planned £115.2m acquisition of FatFace
Retail & High Street
FatFace will retain its independence from Next with Will Crumbie staying on as CEO
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80 jobs saved as 133-year-old firm sold out of administration
Deals
Hodgson Acoustics Company, in north Leicestershire, has been sold to Wiltech Acoustics
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MBO at Burton home improvements specialist QEP-º£½ÇÊÓƵ
Deals
Business owns brands such as QEP, Roberts, Vitrex, Tile Rite, Plasplugs, Homelux, XPS Foam and Kraus
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Two key lettings announced at Leeds' Kirkstall Forge development
property news
Number One Kirkstall Forge has been named the best º£½ÇÊÓƵ Commercial Workplace by the British Council of Offices
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The Ink Group in Market Harborough makes acquisition
Deals
HR outsourcing business has acquired the employee benefits consulting business of º£½ÇÊÓƵ fintech provider Wealth Wizards
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Devon building materials supplier goes into business with trade group
Deals
Ocean Blocks and Aggregates, based near Plymouth, has reached a deal with Midlands construction supplies firm GRS
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Why Metro Bank 'got caught in the trap of its own ambitions'
North West
Metro Bank is one of the º£½ÇÊÓƵ’s top 10 banks, with around 2.7 million customers and 76 branches across the º£½ÇÊÓƵ, having launched its first branches in 2010 as a challenger to the established players
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Mamas & Papas seals deals to take nursery brand into South East Asia
Deals
The Huddersfield nursery name has agreed multi-store agreements with two major retail businesses
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Use of external finance by South West businesses showing signs of recovery, according to report
Finance
The British Business Bank has published its third annual Nations and Regions Tracker
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Welsh tech venture signs partnership with Gloucester Rugby
Deals
The deal will see the Vindico brand across Gloucester Rugby’s famous Shed at Kingsholm Stadium
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Prism Financial Advice in Gateshead acquired by Titan Wealth Holdings
Deals
Prism will be fully incorporated into Titan, benefitting from access to its wider group services
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Offshore wind support specialist CWind bought out by entrepreneurial investment house Inspirit Capital
Deals
Deal completed to return Grimsby-based firm to standalone entity in corporate carve-out
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Next teeing up £100m bid for FatFace, according to reports
Retail
It would follow Next deals with brands including Reiss, Joules, Victoria’s Secrets, Made.com and Cath Kidston
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