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Friday 19 March 2021 Contact | Advertise | Membership | Subscribe
 
Top Story    
 

Western Power Distribution to be acquired in £7.8bn deal

A deal has been agreed for National Grid to acquire Western Power Distribution, an electricity distribution business which serves approximately 7.9 million customers and employs more than 6,500 staff, for an equity value of £7.8bn. National Grid has also agreed to sell a US-based electricity business provider and announced plans to sell a majority stake in National Grid Gas.
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Insider Feature
Feature 1

Ask the expert: The day after the night before. Deal done - what now for technology and systems?

Steve Williams, head of mergers and acquisitions at Waterstons, takes a look at what happens after deal completion. New owners naturally want to consolidate everything into a single system, a single infrastructure, or a single data source; they already have them in their existing business and it’s worked well – so does that mean it’ll work well for NewCo too?
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North West Top Deals    
 

Pinnacle Group backs high-end trainer and watch retailer

An online retailer of luxury footwear and watches has secured investment from Pinnacle Group as part of plans to establish the business as a multimillion-pound marketplace. One of its founders has spoken to Insider about the company's plans for the year ahead.
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JD Sports completes $495m deal   Deal struck for Wigan Athletic
 
 
Yorkshire Top Deals    
 

Ginetta expands into North America with acquisition

Leeds-based racing and sports car manufacturer Ginetta has launched a new North American operation with the acquisition of a US business.
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Building services firm acquired by ex Rhinos star’s investment group   Switalskis acquires 70-strong medical negligence firm
 
 
Midlands Top Deals    
 

Halfords snaps up Universal Tyre and Autocentres

Motoring and cycling products group Halfords has reached an agreement to acquire Universal Tyre and Autocentres for a consideration of £15m.
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Heartbeat acquired by HLD Group   Garland acquired by US partner
 
 
North East Top Deals    
 

RSE buys Darlington business

Scottish engineering group RSE (Ross-shire Engineering) has completed the acquisition of a Darlington company.
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Bank backs student scheme developer   Christie Finance supports Farm to Freeze deal
 
 
South West Top Deals    
 

Management strikes deal for award-winning manufacturer

An award-winning automation and packaging machinery specialist based in Somerset has been acquired in a management buyout.
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Paradigm Norton completes pair of acquisitions   Spin-out completes £3.5m seed round
 
 
South East Top Deals    
 

Beech Tree backs cyber security firm

Beech Tree Private Equity has made a significant investment in a Maidenhead-based managed cyber security services provider.
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BGF backs cybersecurity firm   Boutique firm launches with double acquisition
 
 
Central & East Top Deals    
 

MBO at office design and fit-out firm

Office design and fit-out specialist COEL has completed a management buyout (MBO).
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Buyout at SES   Avingtrans disposes of Peter Brotherhood
 
 
Wales Top Deals    
 

Development Bank of Wales exits recruitment company

The Development Bank of Wales has completed an exit from a Pontypool-based recruitment business.
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Cardiff project secures innovation funding    
 
 
Ireland Top Deals    
 

Mzuri buys Tropical Blinds

BGF-backed Mzuri Group has acquired Tropical Blinds. Thomson Snell & Passmore advised on the deal.
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Keywords strikes Australia deal    
 
 
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