Invest in UK News

  • Sun European Partners affiliates buys Polestar UK Print Ltd

    A Sun European Partners’ affiliate has acquired Polestar UK Print Ltd. Sun European Partners LLP is the European adviser to Sun Capital Partners Inc. Polestar is one of the UK’s leading printers with strong gravure and web offset capabilities.

  • 3i acquires a minority stake in the UK’s GO Outdoors

    3i has acquired a minority stake in UK based camper utilities specialist Go Outdoors. The owners of Sheffield-based GO Outdoors said they had entered into an agreement in which 3i will acquire existing and newly issued GO Outdoors shares, representing a significant minority stake in the total share capital of GO Outdoors.

  • AnaCap purchases Cabot Financial from Citi

    AnaCap Financial Partners, the European private equity firm that specializes in the financial services sector, acquired Cabot Financial, from Citi. Cabot Financial is a consumer debt purchasing firm.

    The purchase will create the UK’s biggest debt purchasing and collection business as AnaCap will integrate Cabot Financial with Apex Credit Management, another market leading debt purchasing and collections agency that is already owned by AnaCap’s funds.

  • Capita’s IT services division acquires Sheffield based Technophobia Limited

    Capita’s IT services unit Friday announced the acquisition of Sheffield based Technophobia Limited, a developer of next generation web applications, for £6.3 million.

    Technophobia’s expertise in delivering business critical web solutions for clients such as Co-Operative Bank, Pizza Express and the Technology Strategy Board has positioned the company as a market leader in the development of social web platforms and user-centric web solutions. Its customer base comprises both public sector clients and private sector clients.

  • Nordic Capital Fund VII acquires the UK’s diagnostics firm Binding Site

    Nordic Capital Fund VII has acquired The Binding Site Corporation Limited, a privately-owned specialist diagnostics company, from its founder, Jo Bradwell. The transaction price was not revealed.

    Post the acquisition, Professor Bradwell will retain a small share of Binding Site, and remain on the Board. Binding Site, based in Birmingham, UK, specialises in the research, development, manufacture and sale of innovative medical diagnostic products focused on Multiple Myeloma and other B-Cell dyscrasias and Primary Immunodeficiency (PID).

  • Wolters Kluwer Financial Services acquires Spring Programs Ltd

    Wolters Kluwer Financial Services, a comprehensive regulatory compliance and risk management business, has acquired Spring Programs Ltd (Spring). Spring is an independent provider of financial regulatory reporting solutions in the UK banking market. Wolters Kluwer Financial Services will undertake the investment via its FRSGlobal business.

  • Swedish logistics specialist establishes UK presence with acquisition of PTS UK Ltd

    Swedish logistics specialist firm, Greencarrier has established a strong UK presence through the acquisition of PTS UK Ltd.  Greencarrier has in recent years expanded substantially within the Nordic countries and the Baltic States. The UK investment now establishes a permanent presence in the UK for the Swedish firm. The agreement was signed on 12 April, 2011 and the acquisition is expected to be completed before the end of May.

  • Emailvision to acquire smartFOCUS Group PLC for approximately £25.3 million in cash

    Emailvision is to acquire smartFOCUS Group PLC, a leading provider of multi-channel marketing and analytics software, for approximately £25.3 million in cash. The Emailvision Board approved the acquisition, noting that it believes combining the businesses of Emailvision and smartFOCUS will further strengthen Emailvision’s position as a worldwide leader of on-demand software for email, mobile and social campaign management.

  • SuperGen Inc. and Astex Therapeutics Limited merge their businesses

    U.S. based pharmaceutical developer of novel cancer therapies, SuperGen Inc. and Astex Therapeutics Limited, a privately held; U.K. based Biotechnology Company developing targeted therapies for oncology and virology, entered into a definitive agreement to merge the two companies.

  • Proact acquires 75 per cent of British firm B2net

    Proact IT Group AB has acquired 75% of the British company B2net for £12 million. Proact has further entered into a binding agreement giving it the opportunity to acquire the remaining 25% which is currently held by B2net management. B2net has about 145 employees in five locations in the UK with a turnover of approximately £48 million.

  • Costain picks up 75 per cent of the share capital of Aberdeen based ClerkMaxwell

    Costain has acquired 75% of the share capital of Aberdeen based ClerkMaxwell. Costain is an international engineering and construction group. ClerkMaxwell is a front-end engineering and operations support services provider operating in the upstream oil & gas sector.

    In addition, the Group has simultaneously entered into a call option, which will provide Costain with the ability to acquire the remaining 25% of the share capital exercisable between 26 April and 31 May 2011.

  • Gennum Corporation acquires Nanotech Semiconductor Limited

    Gennum Corporation has acquired leading fabless IC Company specializing in advanced CMOS mixed-signal ICs for fiber optic communications Nanotech Semiconductor Limited. Under the terms of the acquisition, Gennum paid US$$34 million in cash, plus agreeing to an earn-out.

    The acquisition further strengthens Gennum's growth strategy in the optical transceiver IC market by adding state-of-the-art CMOS products and technology for high volume applications such as Ethernet, PON, and telecom and consumer optics.

  • Walter Meier acquires the UK’s market leader in humidification, JS Humidifiers

    Swiss climate and manufacturing technology group Walter Meier has acquired the UK’s market leader in humidification, JS Humidifiers. Walter Meier expects the acquisition to enable it consolidate its leading position in the global humidification market.

    The UK investment comes after the Swiss firm recently bought its distributor in Denmark. The purchase of JS Humidifiers is a further contribution to Walter Meier’s development strategy of direct involvement in important markets.

  • Ithaca Energy Inc. announces acquisition of UK North Sea Asset

    Ithaca Energy Inc. announced it has entered into an agreement to acquire a 28.46% non-operated interest in the Cook oil field and a 7.41% non-operated interest in the Maclure oil field from Hess Limited. The investment is for a consideration of US$74.5 million and the transfer from Ithaca to Hess of a 10% interest in each of exploration Blocks in the Southern North Sea.

  • Echo Managed Services acquires London based debt collection agency Inter-Credit International

    Echo Managed Services, the leading customer services and billing software provider to UK utilities and public sector announced it has acquired London based debt collection agency, Inter-Credit International.

    Phil Newland, Echo’s Managing Director commented that acquiring a debt business was one of the firm’s key priorities for this financial year. Newland reiterated the investment marks an important milestone as Echo welcomes the Inter-Credit team to Echo.

  • PPL Corp. completes acquisition of the UK’s Central Networks electricity distribution business

    PPL Corporation has completed its previously announced acquisition of the Central Networks electricity distribution business, the second-largest such business in the United Kingdom, announced the US based firm Friday.

    PPL, through a U.K. subsidiary, acquired Central Networks from E.ON UK plc for $5.7 billion in cash, inclusive of certain permitted pre-closing adjustments, and $800 million of existing public debt to be assumed through consolidation.

  • NetScout Systems Inc. signs agreement to acquire privately held Psytechnics Inc.

    NetScout Systems Inc. is to acquire privately held Psytechnics Inc.  Psytechnics Inc is an Ipswich, UK based leading provider of performance management technology that enables organizations proactively assure the user experience for unified communications services. Financial terms of the transaction are undisclosed.

  • Collective acquires premium online video advertising network Web TV Enterprise

    New York based firm, Collective has acquired the UK’s premium online video advertising network, Web TV Enterprise. Collective is a full service provider of media and technology solutions for display and video advertising. The deal comes six months after Collective expanded its operations into the UK. The investment was for an undisclosed amount.

  • Essar Energy completes acquisition of Stanlow refinery for US$350 million

    India-focused integrated energy company, Essar Energy plc, announced that through its subsidiary, it has entered into an agreement to acquire Shell UK Ltd’s UK based Stanlow Refinery and other associated assets. The investment is for a consideration of US$350 million, approximately £219 million, in cash.

  • TechTarget Inc. acquires the websites, product offerings, and events associated with the UK’s Computer Weekly

    US based Technology media company TechTarget Inc. is to acquire the websites, product offerings, and events associated with Computer Weekly and its sister channel-targeted brand MicroScope from Reed Business Information Ltd. The investment is expected to close by the end of April.

  • US based insurance data and analytics firm Advisen Ltd acquires UK’s Web Connectivity Limited

    Advisen Ltd has acquired the UK’s leading provider of messaging products and services for the commercial (re)insurance markets in London and Bermuda, Web Connectivity Ltd. Advisen is a global insurance data and analytics provider based in New York. The terms of the transaction were however not disclosed.  

  • GI Partners acquires Advanced Childcare for £28 million

    GI Partners (GI) announced it has acquired the UK’s leading provider of outsourced children’s care and education services, Advanced Childcare (ACL). GI is a leading private equity firm focused on investments in asset-intensive businesses and real estate platforms. The investment was for a consideration of £28 million.

  • Ageas UK acquires Castle Cover Limited for a sum of £52.8 million

    Ageas UK (formerly Fortis) announced Thursday the acquisition of Castle Cover Limited for a sum of £52.8 million. The investment is in line with Ageas UK’s multi-distribution strategy and will increase its customer numbers to around 8 million. Within Ageas UK’s Retail operation, the acquisition is expected to create a combined retail customer base of 2 million and builds on the significant presence Aegis UK already has in the country.

  • Hammerson plc to acquire a portfolio of six assets from St. Martins Property Investments Ltd for £208 million

    Hammerson plc has reached an agreement for the acquisition of a portfolio of six assets from St. Martins Property Investments Limited. The investment is for a consideration of £208 million. Hammerson's initial commitment, including transaction costs, is £221 million. Passing rents on the properties are £17.2 million, and after taking account of vacancy charges and other direct costs the yield on purchase price is 7.0%.