Cullum Capital Ventures buys Alker Brothers and all today’s headlines

In today's headlines Greatfleet has bought Qualitas for £4.4 million and Standard Chartered bank looks to acquire Pembroke for an undisclosed fee.

Done deals:

  • Mortgage Broking Services has merged with PMP Network to create a combined mortgage group
  • Greatfleet has bolstered its specialist recruitment business with the £4.4 million acquisition of Ireland’s Qualitas Group
  • Acquisition vehicle Cullum Capital Ventures has added insurance brokers Alker Brothers to its books for undisclosed terms
  • E-commerce management solutions firm ChannelAdvisor has acquired Marketworks, a provider of marketplace management software and services, for an undisclosed fee
  • Telecom, software, mining and manufacturing conglomerate Usha Martin Group of Calcutta has acquired UK call centre operator Converso Contact Centres for undisclosed terms
  • Business and IT professional services provider Morse has purchased consultancy services firm Xayce for an initial £3.6 million

Deals in the pipeline:

  • Business management software firm Sage will take 70% of French-based financial management software provider XRT for £30 million
  • Standard Chartered bank is set to buy aircraft leasing, financing and management firm Pembroke of Dublin for an undisclosed sum
  • BT is to extend its telecoms arm with the purchase of INS Group of Brussels for undisclosed terms

Marc Barber

Raven Connelly

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.

Related Topics

Venture capital funding