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Tuesday 13th May 2008

Deal Round-up (13.05.2008)

In today’s deal headlines professional services provider Begbies Traynor Group plc has bought two independent practices and Isle of Man-based law firms Quinn Kneale and Hyde & Hanson look set to merge.

Done deals:

Beta Engineering Services has undergone a management buy-in, backed by UK Steel Enterprise (Source: The Star)

Smiths Group plc, a diversified technology company, has acquired Allrizon Tongguang, a Shanghai-based communications equipment firm

Marketing communications group Aegis plc has purchased rmsar.car, a search engine marketing company in Germany.

Health care property investor Primary Health Properties plc has agreed to acquire a new medical centre in Coalville, Leicestershire, for some £2.6 million

Deals in the pipeline:

Manx law firms Quinn Kneale and Hyde & Hanson are set to merge

Aerospace and defence equipment manufacturer Cobham plc has agreed to purchase the radio frequency components and subsystems business of M/A-COM, a microwave subsystems manufacturer, for $425 million (£218.2 million) cash

Click here for more AIM and VC deals.

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