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Thu, 16 Jun 2016 | ADMINISTRATION
Distressed cloud company Outsourcery has confirmed that it is to enter administration, as Vodafone partner firm GCI Networks Solutions hopes to buy up the company’s assets.
Outsourcery, which is based in Manchester and was ... continue reading
Wed, 15 Jun 2016 | DIVISION SALE
Virgin Active has slimmed down its portfolio of UK fitness clubs by selling 35 of its gyms to Nuffield Health in a deal thought to be worth around £80 million.
Loss-making Virgin Active had a portfolio of 96 fitness clubs a... continue reading
Tue, 14 Jun 2016 | BUSINESS SALE
The manufacturer of the most popular British computer, the Raspberry Pi, has been bought out by a Swiss technology and electronics company.
The deal, which is worth 1 billion Swiss francs (£700 million), will see Raspberry ... continue reading
Mon, 13 Jun 2016 | MBO/MBI
Water treatment manufacturer to the domestic and commercial heating industry across Europe, ADEY Professional Heating Solutions, is set to undergo a management buyout (MBO).
The deal secures 75 jobs at ADEY and is “part o... continue reading
Sat, 11 Jun 2016 | DIVISION SALE
Supermarket giant Tesco has found a buyer for its distressed Giraffe chain of restaurants in the form of Harry Ramsden’s owner Boparan.
Boparan, the investment company set up by British businessman Ranjit Singh Boparan, has... continue reading
Fri, 10 Jun 2016 | COMMERCIAL PROPERTY
Property developer Mar City Developments Ltd (MCDL), which owns the freehold of several commercial buildings in Birmingham, has been placed into administration.
Its owners Tony and Maggie Ryan exited their roles as director of M... continue reading
Thu, 09 Jun 2016 | BUSINESS SALE
Content developer CORE Gaming has been bought by Sky Betting & Gaming, in a deal that solidifies the already close relationship between the two, reports Insider Media.
Based in Solihull, West Midlands, CORE Gaming develops HTML5... continue reading
Wed, 08 Jun 2016 | MERGER
The chief executive of German stock exchange clearing house Deutsche Boerse says that the proposed £21 billion merger with the London Stock Exchange (LSE) will be vital for maintaining links between the two countries in the ... continue reading
Tue, 07 Jun 2016 | DIVISION SALE
Insurance giant esure has launched a strategic review into its price comparison website GoCompare less than two years after taking over the business.
Esure, which also owns well-known insurance brands such as Sheilas' Wheels... continue reading
Mon, 06 Jun 2016 | ADMINISTRATION
A popular photography and camera retailer in Southampton has gone into administration citing intense online competition after 40 years in business, reports the Southern Daily Echo.
City Photographic had been a permanent fixture o... continue reading
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Property services group acquires London lettings agency | BUSINESS SALE
Property services group Lomond has completed its latest acqu...
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Restructuring firm secures sale of tech recruitment company | BUSINESS SALE
Manchester-based tech recruitment company Venturi has been a...
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Yorkshire law company merges with specialist firm | MERGER
Harrowells Solicitors, a 120-strong Yorkshire law firm with ...
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