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East Midlands
Wednesday 5 August 2020

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PE-backed software firm makes first acquisition

An LDC-backed Nottingham company which provides software to energy providers in the UK has acquired a Benelux-based consultancy and data analytics business.
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Insider Feature
Feature 1

Business Matters: How to get investment in turbulent times?

Ray Harris, MEIF principal at Foresight Group LLP, offers a helpful guide for management teams of SMEs looking for equity investment post pandemic.
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Deals

Fundraising milestone passed as venture capital firm eyes investment

More than £200,000 has now been raised by a Derbyshire company which develops systems that protect armoured vehicles from mine and IED blasts through investors on Crowdcube. It has also revealed it has been approach by a UK venture capital company.
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Software firm’s MBO provides exit for founder

A management buyout (MBO) has been completed at a Leicestershire software development company. The move, led by its chief technology officer, has provided an exit for the business' founder.
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Almost £17m helps 1,400 businesses through pandemic

A council has now handed out almost £17m to more than 1,400 businesses to help them through the Covid-19 pandemic.
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Six-figure loan to support design firm’s expansion plans

A family-run architecture and interior design company based in the Peak District has secured a six-figure loan to support its growth ambitions and ongoing development work at its headquarters.
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Education IT provider creates jobs after five-figure support

A Northamptonshire provider of specialist education IT services is set to create five new jobs after landing a £90,000 boost.
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White Oak hits £50m CBILS milestone

Business lender White Oak UK has distributed more than £50m in loans to small and medium-sized enterprises under the UK Government's Coronavirus Business Interruption Loan Scheme (CBILS).
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Amazon’s Deliveroo investment cleared by CMA

Amazon's move to acquire a stake in Deliveroo has been formally cleared by the Competition and Markets Authority (CMA).
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Insider Feature
Feature 2

Roundtable: Car-Free Birmingham

A plan to dramatically cut the number of cars in Birmingham city centre will have a major impact on property and infrastructure development.
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Business

PE-backed IT services firm partners with Slater Menswear

A Nottingham-headquartered private equity-backed IT services business has partnered with retailer Slater Menswear.
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Morgan Sindall braced for profits slump

Construction and infrastructure company Morgan Sindall has said its pre-tax profits are set to fall by almost £40m by the end of its current financial year because of the Covid-19 pandemic.
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Pizza Express up for sale as closures and job cuts revealed

Pizza Express has revealed plans to close 67 of its restaurants, putting 1,100 jobs at risk. It has also hired Lazard & Co to advise on the sale of the group.
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Property

Lincs projects get £26m boost

Almost £26m has been allocated to a range of projects around Lincolnshire to help the local economy and create jobs.
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Green light tipped for more than 80 homes

Plans for more than 80 homes to be constructed on a site in Northamptonshire have been recommended for approval.
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£10.6m framework launched for council’s portfolio

A new £10.6m framework has been launched to help develop and maintain Nottinghamshire County Council’s property portfolio and has been specifically designed to benefit SMEs and the local economy.
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Infrastructure projects secure £20m boost

A group of four infrastructure projects in Leicester and Leicestershire have been awarded a £20m funding boost.
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High-tech food campus to create 4,500 jobs

Up to 4,500 jobs are set to be created after the government pledged £12m to help launch a high-tech food manufacturing campus in Derby.
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Office block tipped for new apartments

An application to transform an office block in Wigston, Leicestershire, into 20 apartments has been submitted.
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Surge in build-to-rent planning intentions - report

The number of build-to-rent homes in planning outside of London has increased by more than 50 per cent over the last 12 months, according to new research by the British Property Federation. However, starts and completions have dropped in the wake of the Covid-19 lockdown.
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Manufacturing

Results rocket at fashion apparel maker

Turnover and pre-tax profits have rocketed at a Leicester-headquartered fashion apparel maker which holds licences for the likes of Marvel, Fortnite, Warner Brothers, Xbox and Disney.
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Other News

Midlands Top 500 Companies Database - contact the region’s top decision makers

Member Exclusive News

Cadbury signs “unique” deal with Notts County

Chocolate giant Cadbury has announced a "unique sponsorship agreement" with Notts County Football Club.
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