Latest from Market & Sector Focus
Series D round worth £10 million for notonthehighstreet.com
Online marketplace notonthehighstreet.com has closed its Series D fundraising round and netted £10 million.
Datahop snapped up by Six Degrees
Six Degrees Group has continued with its busy M&A period by acquiring Datahop, a datacentre interconnection business, GrowthBusiness can exclusively reveal.
ICAP buys PLUS-SX for £1
Loss-making junior stock exchange PLUS-SX is to be sold to inter-dealer broker ICAP for a nominal sum.
WANdisco looks to AIM for development
Software business WANdisco intends to join AIM this June in an IPO that will raise £10 million.
Two new VCs for Blis Media
Blis Media has attracted the interest of two new institutional backers and netted a further $1.4 million (£887,000) in capital.
Ocean Outdoor exits from Smedvig after four years
LDC has led a secondary buy-out of Ocean Outdoor on the back of the business increasing its revenue by three-fold during Smedvig Capital's four year involvement.
Borrows takes over from Queen at 3i
Three months after stepping down as head of 3i, Michael Queen has been replaced from within by Simon Borrows.
BDO calls for ‘concrete change’ from manufacturing policies
The government’s attempts to boost UK manufacturing have been labelled by BDO as 'empty rhetoric'.
Bridges Ventures supports Tech City firm cloud.IQ
Sustainable growth investor Bridges Ventures has provided £2 million in funding to integrated marketing technology company cloud.IQ.
BagThat rings up £2 million
New online store BagThat has netted £2 million in funding two weeks after the business launched.
Front-runner
Riding on a wave of fast-growing European technology companies is Ben Holmes of Index Ventures. GrowthBusiness asks him about his personal investment approach and the prospects for British tech firms.
Third cloud acquisition for Six Degrees during its maiden year
Six Degrees Group has landed a double acquisition, six months after the business was launched by British entrepreneur Alastair Mills with help from Penta Capital.
Firm behind Paperchase buy-out backs Leisure Pass
Darran Evans, CEO of Leisure Pass Group, has led a management buy-out (MBO) of the business with help from private equity firm Primary Capital.
Northern sportswear business gets ISIS seal of approval
ISIS Equity Partners has led an investment round into sportswear brand inov-8, its third transaction of 2012.
PLUS admits defeat and is set to wind down
The board of PLUS Markets Group has given up its search for a new buyer and initiated an ‘orderly closure’.
Livebookings gets its teeth into new £15 million round
A fourth venture capital fundraising round for Livebookings has seen the company raise £15 million and take total funds received to £39 million.
ASOS investor backs Occa-Home
The William Currie Group, which invested in successful fashion e-tailer ASOS, has backed homewares and furniture website Occa-Home.
Braveheart reaches £500,000 target
AIM-listed investment management group Braveheart has raised £164,000 by way of a subscription by new and existing shareholders for 1,093,333 new ordinary shares.
ZiLift looks to rise above competition with £4 million deal
A group of European investors are coming together to provide growth capital for the continuing development ZiLift and commercialisation of its technologies.
Endless reels in film production company
Kodak-owned Cinesite has been bought by turnaround investor Endless to allow the company to expand its geographical footprint.
