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Deals
10:13, 8 AUG 2023
PrettyLittleThing co-founder Umar Kamani invests in Boohoo
North West
Boohoo was set up by Umar's father Mahmud Kamani and Carol Kane
Bookmark
North East deals of the week: key contracts, acquisitions and investments
Deals
Companies featured in this week's round-up of deals include Pockit, NE&C Windows & Doors, º£½ÇÊÓÆµ National, Simply Certification and Malhotra Group Plc
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Pension giant betting against United Utilities and Severn Trent
North West
Short-selling is used as as a hedging strategy to offset against potential losses on investments elsewhere in equity portfolios
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Somerset bathroom firm wins ‘net zero’ hotel contact
Deals
Offsite Solutions will supply shower units for the accommodation which is being built at Exeter Science Park
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Foot Anstey advises Integrity360 on European expansion
Deals
The law firm helped the August Equity portfolio company acquire European PCI QSA (Payment Card Industry Qualified Security Assessor) company Advantio
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Health tech firm Diagnexia secures £50k for new kit and jobs
Technology
The Devon-based business provides a pathology diagnostics platform
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Grimsby retail park bought with new owner keen to explore development opportunities
Deals
Alexandra Retail Park joins LCP's portfolio as part of the M Core Group
Bookmark
Dorset electronics manufacturer CT Production relocates to new HQ
Offices
The Poole-based contractor serves clients across sectors such as aerospace, defence and marine
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RSK exploring £500m stake sale to buy 30 companies a year with £1bn war chest
North West
RSK is expected to reveal more details about its future strategy later this week.
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CMA looking into sale of £227m-turnover recycling firm Mick George to Hanson º£½ÇÊÓÆµ
Deals
Competition and Markets Authority considering whether merger will cut competition in areas the firms operate in
Bookmark
Plans for 155 Devon homes at village site acquired by housebuilder
Housing
Allison Homes South West said the proposed development in Witheridge could be its ‘biggest’ in the region to date
Bookmark
125 jobs saved as industrial pump maker bought out of administration
Insolvency and Administration
Deal to buy Slack & Parr has secured the jobs of 100 people in the º£½ÇÊÓÆµ and 27 in the US and China
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George Square Financial Management acquires IFA firm Taylor McGill in latest expansion move
Deals
George Square will acquire all of Taylor McGill’s 250-strong client base
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Foresight Group makes £30m addition to North East fund thanks to pension funding backing
Finance
The backing of Tyne & Wear Pension Fund now takes the firm's regional pot to £90m
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The Co-operative Bank approached with £3.5bn merger offer
North West
News of the offer comes after The Co-operative Bank revealed its profits held steady while its income rose during the first half of 2023
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Washington's NE&C Windows & Doors completes multimillion-pound buyout
Deals
Ed and Heather Ramshaw are selling the business two decades after its launch on Tyneside
Bookmark
Bristol Rovers confirm new ownership structure
Business of Sport
A Kuwaiti businessman has taken a 55% stake in the League One football club’s holding company Dwane Sports
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Fintech app Pockit seals $10m investment to drive global growth
Deals
The Pockit team currently serves around 800,000 people in the º£½ÇÊÓÆµ but has ambitions to become a global financial champion
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Welsh broadband firm Ogi makes first venture into retail
Retail & High Street
The indigenous telecommunications company has partnered with Get Connected
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Wiltshire insurance brokers bought by Ardonagh Advisory
Deals
Sorvio Insurance Brokers provides a range of commercial insurance solutions to clients across the South West
Bookmark
Weston-super-Mare hotel added to Fragrance Group’s portfolio
Deals
The Grand Atlantic Hotel has been bought by the Singaporean-based investment group
Bookmark
Build-to-rent arm of Lloyds buys 49 Nottingham homes
Housing
Citra Living expands its portfolio with family homes for rent in Gedling
Bookmark
Cardiff accountancy firm agrees merger with MHA
Deals
It is the second deal MHA has conducted in Wales this year following a merger with Swansea-based Gerald Thomas
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Timpson, Manchester United and THG: The 15 latest North West deals
North West
BusinessLive has rounded up some of the latest top deals you should not miss
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