Latest from Construction & Property
Zoopla continues acquisition drive
Venture capital-backed Zoopla.co.uk has bought UpMyStreet.com as the property website looks to build its audience size.
Electra and Chamonix rescue Peverel
Following a year of uncertainty Perevel Group has secured the backing of two private equity partners, and is set to see its debt levels slashed.
Confluence to expand with Midven support
Commercial fund manager Midven has supported the management buy-out (MBO) of construction management and compliance consultancy Confluence Management with a £500,000 investment from their Exceed Fund.
Construction SMEs face challenges as profits decline
UK construction companies are set to face difficulties paying off debts as the sector suffers from falling sales and profits, according to a study.
NVM exits Promanex in sale to Costain
UK-based NVM Private Equity has exited maintenance services company Promanex Group to Costain for a total consideration of £18.8 million following a period of ‘strong growth’.
GMT makes acquisition through DOCUgroup
Private equity group GMT Communications Partners has acquired Scandinavia-based Sverige Bygger and Norge Bygges through its portfolio company DOCUgroup for €15.2 million (£13.3 million).
Crime scene cleaner Swisher Blue secures £25,000
Swisher Blue, a specialist hygiene franchise company, has secured £25,000 in equity investment from Finance Yorkshire to purchase new products and ramp up marketing.
Endless exits Crown Paints
UK private equity house Endless has exited Crown Paints in a sale to coatings supplier Hempel for an undisclosed sum.
Architecture site OpenBuildings raises £1.2 million
OpenBuildings, an online archive of buildings for architecture, has launched a redeveloped website after securing $2 million (£1.2 million) in a Series A funding round.
RCapital backs DBK growth plans
Private investor RCapital has made a growth investment in DBK, a consultancy to the construction and property industry.
Endless sells Amco for £19.8 million
Private equity house Endless has sold specialist engineering business Amco Group to Renew Holdings for £19.8 million, less than three years after backing the group’s management buy-out (MBO).
It's all in the planning
For business owners and managers, gaining planning permission can seem akin to winning the lottery. Christine Hereward, a partner at Howard Kennedy, explains a few simple techniques that can ease the process.
Better Capital swoops on Connaught assets
Jon Moulton’s private equity firm Better Capital has acquired part of the collapsed property services group Connaught, committing £15 million for the purchase and restructure of half the compliance division.
Novacem adds Laing O’Rourke to backers
Carbon negative cement company Novacem, a spin-out from Imperial College London, has raised £1.6 million and added global construction giant Laing O’Rourke to its investors.
eConveyancer secures growth capital
Online conveyancing and property search provider eConveyancer has secured an investment from mid-market private equity firm LDC.
Zoopla adds Houseprices.co.uk to portfolio
Consumer property website Zoopla has acquired property price information service Houseprices.co.uk in a deal that will see the two internet businesses continue operating as separate brands.
More funds for Zoopla
Consumer property website Zoopla plans a marketing push to increase awareness of its brand following a £3.25 million fundraising led by venture capital firms Atlas Venture and Octopus.
Adrem: diversifying our client base
Tom Galvin, managing director of property maintenance provider Adrem, explains how a decision to branch out saved the company.
Endless acquires Amdega
Amdega, a maker of timber conservatories established in 1874, has been acquired by turnaround firm Endless.
Graphite backs London property market
Private equity firm Graphite Capital is investing £50 million for a majority stake in London Square, a new housebuilding company.
