News

Snooker and pool hall operator Rileys is to be bought by institutional investors in the US and UK. Crucible Acquisitions, a consortium of two private equity groups, will pay £34.1 million for the company.

News

The UK’s leading specialist care provider for adults, Care Principles, is to be bought by Qatar's Delta Fund in a £270 million deal.

Entrepreneurs

Since attracting investment of £60,000 from Richard Farleigh and Duncan Bannatyne on BBC show Dragons’ Den, entrepreneur Rob Kinna’s phone has barely stopped ringing. The trouble is, the people who are so keen to talk to him now are the very same who turned down his earlier requests for help.

News

The value of acquisitions in the European technology sector for the first half of 2007 fell to $184 billion (£90.6 billion), 17 per cent down on the same period last year, according to research from investment bank Regent Associates. The bank expects to see acquisition fervour in the sector cooling off over the next two years.

News

Norkom, which supplies anti-fraud software to the financial services industry, has made its first acquisition since listing on AIM last summer. The Irish company has bought US-based Digital Harbour, another specialist in risk management and compliance.

News

AFL, a Buckinghamshire-based radio frequency engineer and wireless technology company, has bought rival Avitec for £24 million. The deal was backed by private equity firm ECI Partners.