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Tue, 16 Mar 2021 | ADMINISTRATION
Car leasing firm Buy2LetCars has fallen into administration a month after the Financial Conduct Authority (FCA) placed restrictions on its parent company, Raedex Consortium Ltd.
Buy2LetCars attracted investors by promising annua... continue reading
Tue, 16 Mar 2021 | BUSINESS NEWS
New research by independent corporate finance firm Rickitt Mitchell has found that private equity bolt-on transactions rose 35 per cent in 2020, as the uncertainty of the COVID-19 pandemic prompted PE houses to bolster their exist... continue reading
Mon, 15 Mar 2021 | ADMINISTRATION
Long-standing UK chocolatier Thorntons has announced that it plans to close all 61 of its UK stores, putting 600 jobs at risk.
According to bosses at the chocolatier, the decision has been made to go into full consultation as th... continue reading
Mon, 15 Mar 2021 | BUSINESS SALE
Idox has completed the £9 million disposal of its £5.3 million turnover compliance division to Essex-based Sponge Group. The business, part of Idox’s content division, is based in Germany and Belgium and also has... continue reading
Sat, 13 Mar 2021 | ADMINISTRATION
The Gambling Commission has announced that it has suspended the licence of online betting operator Football Index following a market crash that prompted the business to fall into administration.
The operator revealed that it has ... continue reading
Fri, 12 Mar 2021 | ADMINISTRATION
Prominent corporate travel management company Baxter Hoare Travel has ceased trading due to the impact of the COVID-19 pandemic. The London Bridge-based business has a history dating back to the 1880s and specialised in business t... continue reading
Thu, 11 Mar 2021 | BUSINESS SALE
Next Plc has announced that it has purchased a 25 per cent stake in high street fashion chain Reiss, in a deal said to be worth around £200 million.
The brand has also revealed that it plans to invest £33 million int... continue reading
Thu, 11 Mar 2021 | BUSINESS NEWS
Business advisory firm Quantuma’s corporate finance division has completed eight transactions in the last two weeks, with a combined deal value of more than £130 million. The transactions, which largely were located in... continue reading
Wed, 10 Mar 2021 | BUSINESS SALE
Private equity firm Sovereign Capital Partners has made a £55 million investment in Brighton-based wealth management firm Skerritts, which will enable the company to grow through acquisitions.
Skerritts, which is already... continue reading
Wed, 10 Mar 2021 | ADMINISTRATION
London’s popular Angus Steakhouse chain has appealed to landlords for rent concessions, after COVID-19 pushed the £32 million turnover restaurant to the brink of administration. The steakhouse chain has hired KPMG to n... continue reading
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Mindler acquires UK telecare services division of Ieso Digital Health | DIVISION SALE
Swedish digital therapy company Mindler has acquired the UK ...
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Starling Bank has acquired UK fintech company Ember | BUSINESS SALE
London based Starling Bank has acquired a UK fintech company...
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Premier Tech buys two businesses to expands services in wastewater treatment | BUSINESS SALE
Wastewater treatment company Premier Tech has recently expan...
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