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Intertek deal to test Eastern Europe 

Intertek, a provider of safety services, has expanded its operations in Eastern Europe with the acquisition of a food testing laboratory in Poland. Mergers & Acquisitions / Tuesday, 2nd December 2008

Melorio to buy Zenos duo 

Melorio has continued its consolidation strategy in the UK’s vocational training sector by agreeing to buy two government-funded providers. Mergers & Acquisitions / Monday, 17th November 2008

Oil and gas recruitment firm in MBO

Kinetic Technical, a recruitment consultancy serving the oil and gas industries, has been bought by its management. Mergers & Acquisitions / Wednesday, 12th November 2008

Brothers sell Garic to Bibby 

Two brothers who established a plant and equipment hire business in Bury 25 years ago have sold the company to a conglomerate. Mergers & Acquisitions / Tuesday, 11th November 2008

Vehicle hire business in PE-backed acquisition

Nexus Vehicle Rental, a UK company owned by private equity (PE) firm ISIS Equity Partners, has grown its business through an acquisition. Mergers & Acquisitions / Monday, 10th November 2008

Managers prefer training to hiring

More than three-quarters of managers find it better to develop staff internally than to bring in new talent, according to a survey from learndirect Business. Business News / Monday, 10th November 2008

Vp in seventh heaven with Brighton deal 

Equipment rental specialist Vp has continued its expansion with the acquisition of a tool hire and sales company in Brighton. Mergers & Acquisitions / Thursday, 23rd October 2008

French loyalty scheme operator raises €10 million

Loyalty programme operator Initiatives & Developpements has raised €10 million on European small-cap market Alternext. Fundraising Deals / Tuesday, 21st October 2008

British Gas completes energy services deal 

British Gas has entered the energy services market following its £7 million acquisition of an installer of building control systems. Mergers & Acquisitions / Thursday, 16th October 2008

August Equity in £37 million acquisition

Mid-market buy-out firm August Equity has acquired oil and gas support services company Accura for £37 million. The buy-in management buy-out sees Simon Armstrong, who has worked with two of August’s previous investee companies, join Accura as non-executive chairman. Mergers & Acquisitions / Monday, 1st September 2008

Consultancy buy increases Hallin’s prospects

Hallin Marine, a provider of subsea services to the oil and gas industry, has bought Prospect Flow Solutions, an energy-focused engineering consultancy. Prospect, which also provides analysis and design for subsea, offshore and onshore projects, was bought for £1.5 million in cash, funded by Hallin’s existing resources, in an agreement that included the same value in shares. Mergers & Acquisitions / Friday, 29th August 2008

Proventec cleans up with German deal

Proventec, a steam cleaning and coatings technologies specialist, has bought a controlling stake in a 400-year-old German engineering company. The Merseyside-based business now owns 60 per cent of Frank, a manufacturer and distributor of hygiene products, after it paid an undisclosed amount for the shareholding. Mergers & Acquisitions / Wednesday, 27th August 2008

2e2 in PE-backed bid for Netstore

IT services company 2e2, which has been owned since 2006 by private equity (PE) firm Duke Street Capital, is to acquire AIM-listed Netstore, a specialist in IT security and outsourcing. The offer price is 32p per share, valuing Netstore at £58.1 million. Mergers & Acquisitions / Tuesday, 12th August 2008

Aberdeen exits from ID Support Services

Aberdeen Asset Managers Growth Capital has exited from ID Support Services Holdings by way of a secondary buy-out backed by Penta Capital Partners. The sale realised an overall return of 1.8x money on the investment and an IRR of 61 per cent. Mergers & Acquisitions / Wednesday, 6th August 2008

Wyatt acquires benefits consultancy

Employment consultancy Wyatt Group has acquired employee benefits specialist TEBC for £150,000. Two deferred payments each of £75,000 are to be made on the first and second anniversaries of the deal’s completion. Mergers & Acquisitions / Monday, 4th August 2008

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