Latest from Retail & Consumer

Big hitters: Tesco began its digital drive by acquiring blinkbox in 2011

Tesco looks to take on Amazon with digital book buy

Supermarket giant Tesco has ramped up its digital book offering by acquiring Mobcast.

Gobbling the competition: Paul Campbell will lead the new investment fund

LDC teams up with Paul Campbell to launch new food fund

The private equity house of Lloyds Bank has backed a new restaurants-focused food and beverage fund to be run by Hill Capital Partners.

Enterprising beginning: Nasty Gal was started as a seller on auction site eBay

Nasty Gal closes second 2012 funding round with Index

Index Ventures has led a Series B funding round into Nasty Gal five months after taking part in its first institutional fundraising.

Getting ahead: Shutl founder Tom Allason sold fake IDs at university to make money

Shutl set to deliver in US after securing UPS backing

Worldwide delivery service UPS has invested in UK internet start-up Shutl through its venture capital division.

On the go: 28 per cent of UK payments are cash - 42 per cent lower than the EU

SumUp closes huge $20 million venture capital round

Mobile payment business SumUp has closed its Series A funding round and secured an enormous $20 million (£12.6 million) to coincide with the launch of its service.

The global tutoring market is expected to grow to $100 billion by 2017

Back to school for Graphite as it backs Explore Learning

Mid-market private equity firm Explore Learning has backed the management buy-out of Explore Learning.

Checking out: Fashion website miinto will now look to expand into new markets

Online retailer miinto rings up new funding round

Dawn Capital has supported the Series A funding round of online fashion retailer miinto.

Pet supplies: MedicAnimal founders Ivan Retzignac and Andrew Bucher

MedicAnimal embarks on strategic acquisition path

Venture capital-backed MedicAnimal has made an expansion play by purchasing online animal medicines, foods and grooming products retailer Petmeds.co.uk.

Out with the old:  Pure Storage provides an all-flash way of storing data

Pure Storage attracts Index as backer and targets Europe

Index Ventures has led a Series D funding round into all-flash enterprise storage company Pure Storage.

Bottoms up: Will Fraser-Allen from Albion Ventures and Ken Buckley of Bravo Inns

VC-backed Bravo Inns drinks to landmark deal

Albion Ventures-backed pub chain Bravo Inns has acquired its thirtieth pub.

Roll-out plans: Dimmick plans to grow Green + Benz by adding new locations

Manchester jeweller Green + Benz closes MBO

The management team of jewellery retailer Green + Benz has led a buy-out of the business.

Powdered goods: Phoenix foods produces products such as hot chocolate mix

Endless serves up Phoenix Foods to trade buyer

Phoenix Foods has been sold by private equity firm Endless after a five year position as a portfolio company.

Music time: Blackstar produces amps and pedals for guitars

E-Synergy sells Blackstar investment to Foresight

Early stage investor E-Synergy has netted an 8x multiple on its five year investment in Blackstar Amplification.

Foreign food: Stephen and Juliette Wall set the chain up after visiting Vietnam

ISIS serves up expansion capital to Pho restaurant chain

A Vietnamese street food restaurant chain has gobbled up £5.2 million of growth capital to expand the business.

Back of the net: The Goals deal has been closed after negotiations began in April

Ontario Teachers’ Pension Plan scores Goals acquisition

UK-listed Goals Soccer Centres has been acquired by Ontario Teachers' Pension Plan in a deal worth £73 million.

Automotive industry: Andrew Page supplies vehicle components

Andrew Page continues rapid growth with Camberley buy

Vehicle components business Andrew Page has taken its number of branches to over 90 following the acquisition of Camberley Auto Factors.

Online fashion: Lyst has signed up brands such as Gucci, seen here in Vienna

Fashion start-up Lyst joins DFJ Esprit portfolio

London and New York-based social commerce business Lyst has secured $5 million of Series A funding.

Theo Paphitis has a track record of turning round ailing companies

Theo Paphitis snaps up struggling Robert Dyas

Dragons' Den investor Theo Paphitis has acquired hardware chain Robert Dyas for an undisclosed amount.

The deal marks the seventh investment of the EQT Expansion Capital II fund

Sportradar secures big investment to help with acquisitive growth

European private equity firm EQT has invested €44 million in Sportradar from its EQT Expansion Capital II fund.

Revolymer is looking to raise £25 million on its admission to AIM

Revolymer looks to make success of non-stick gum on AIM

A British business that has invented a form of non-stick chewing gum is looking to join AIM and raise £25 million on admission.

More from GrowthBusiness

The Entrepreneur

Local appeal: Salmon & Trout is Cockney rhyming slang for snout (cigarette)

Acting quickly to capitalise on a new market

Time was of the essence when Mario Di Giorgio, CEO of e-cigarette brand Salmon & Trout, launched his business. He explains how being proactive worked.

Growing A Business

Stifling business: Regulation on markets like AIM makes it hard for SMEs

Light touch regulation: Friend or foe? 

Sophia Harrison, director of financial and professional services at Grayling, looks at how a new exchange platform out of Sweden could strike the right chord of regulation for SMEs.

Comment & Analysis

Channeling Instagram for start-up success

That a team of 13 could build a business worth $1 billion should be the inspiration that all entrepreneurs need.

Research

Source of growth: There are 64 UK-listed cash shells holding £237.9 million

The rise of cash shells

New research from GrowthBusiness shows that the number of UK cash shells is climbing. We speak to new entrants to the market and those that have recently closed deals to find out what’s driving shells’ increasing popularity.