About

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

News

March set to ‘go crazy’ for investment

A slow year for the VCT market is likely to pick up next month, according to Jeff Cornish, a director at international private equity firm Beringea. ‘March will go crazy,’ he tells Growth Business, ‘£120 million to £130 million will be raised during the coming month.’

News

Turkish telecoms firm joins PLUS

Early-stage telecommunications firm Telekom Atlas On-Line Turkey (TAOLT) has joined PLUS.

News

Advent completes Echovox investment

Venture capitalist Advent Venture Partners has invested in a mobile media technology specialist. The London-based firm has given Echovox £3.8 million to strengthen its business.

News

Bulgarian Land raises £15 million

Manx-based Bulgarian Land Development has raised an impressive £15 million to pursue residential development in Bulgaria. Swedish property veteran Sten Mortstedt's £545 million fully listed CLS Holdings group is contributing £7.2 million to AIM-quoted Bulgarian's hefty £1-a-share placing.

News

MBO for troubled manufacturer

The management of F Bender, a manufacturer of paper catering products, has acquired the company for an undisclosed sum. Barclays Ventures backed the deal with £5.25 million in return for an equity stake.

News

Exchange releases AIM rulebook

The London Stock Exchange has now brought in a number of rules to toughen up AIM. These changes include the publication of a new rulebook for nominated advisers and an enhanced disclosure regime for AIM companies.

News

Game on for Sports Direct

Entrepreneur Mike Ashley is causing a stir with the full-list float of Sports Direct. Claiming to be the country’s biggest sports retailer by revenue and operating profit (even bigger than JJB Sports), Sports Direct operates through the Sports World, Sports Direct and Lillywhites.

News

Dual seeks March debut

Broker HB Corporate is lining up an early March debut for Dual Holdings, an intriguing technology-focused workforce management venture. It plans to profit from the legislative creep impacting upon the nation’s employers.

News

Oracle taps PLUS

Pakistan coal venture Oracle Coalfields is seeking £1.2 million on the reinvigorated PLUS. Entrepreneurs Shahrukh Khan, 35, and Conrad Windham, 23, have launched their 5p-a-share offer, with backing from small company investor Bruce Rowan and St Helen’s Capital as adviser.

News

CGC supports £32 million MBO

Close Growth Capital (CGC), a provider of equity and debt funding, has backed the £32 million secondary management buy–out (MBO) of A-Gas International, a global distributor of speciality gases and chemicals to the refrigeration and insulation foam industries.

Technology

The Next Big Thing?….SaaS

Both Google and SaaS (Software as a Service) pioneer Salesforce.com continue to be financial successes, so expect to see more and more companies follow suit and begin distributing all sorts of software to customers over the web, rather than using the traditional route to market of selling it in packages.

News

Ingenious backs Prodigy

Ingenious has invested £2 million through its two music VCTs to support the next album of the dance act Prodigy. The funding is a joint venture between the VCTs and established label Cooking Vinyl.

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