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LPM Group cleans up with refinancing deal

LPM Group, a UK provider of contract cleaning, security and maintenance services, has completed a £12 million refinancing backed by Clydesdale Bank.

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Metal company forges ahead with MBO

Telecoms firm Pennine Telecom, whose clients include British Nuclear Group and Blackpool Borough Council, has secured £750,000 from Royal Bank of Scotland to back its future expansion plans.

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Atlas raises $283 million for eighth fund

Early-stage investor Atlas Venture has closed its eighth fund at $283 million (£198 million) and completed the fund’s maiden investment.

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Parity sells training arm

ECS Ltd has acquired Parity Training, the struggling training division of Parity Group Plc, an IT services group, for up to £3 million.

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Playing the game: Rod Richards

Wagamama, Paperchase and GAME have one thing in common: Graphite Capital. Managing partner Rod Richards reveals how the firm has helped build market-leading consumer brands, and finds out how its investments are faring

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Rising star: Stefan Topfer

Stefan Topfer started his first business when he was at university and went on to help found what is now communications giant Tiscali. His software company for SMEs WinWeb has a turnover of £5 million.

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What I’m reading now

Throwing Sheep in the Boardroom, by Matthew Fraser and Soumitra Dutta

Giles Fraser, co-founder of Brands2Life

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Economic Insight

David Karsbol, chief economist at Saxo Bank, looks at the causes and implications of the pound’s rapid fall against the euro

News

What I’m reading now

Throwing Sheep in the Boardroom, by Matthew Fraser and Soumitra Dutta

Giles Fraser, co-founder of Brands2Life

News

Economic Insight

David Karsbol, chief economist at Saxo Bank, looks at the causes and implications of the pound’s rapid fall against the euro

News

Record turnout at Quoted Company Awards

The great and good of the smaller company scene turned out in force for this highlight of the quoted company calendar, with some 1,000 in attendance.

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Object of desire: The Rocket Belt

Recession. Unemployment. Big Brother. If these remorseless horrors are making you want to head for the sanctity of a remote island, then rocket technology company Tecnologia Aeroespacial Mexicana (TAM) may have the perfect escape solution: the Rocket Belt

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Game on for Accessories 4 Technology

Video game accessories business Accessories 4 Technology (A4T) has secured a £4 million funding boost from the Royal Bank of Scotland (RBS) to help with its expansion targets.

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Shipping technology company nets €5 million

Eniram, which supplies decision support systems for ships, has raised €5 million (£4.6 million) for a global sales push.

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