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Automattic acquires Polldaddy and other deals news

US-based Automattic, the company behind Internet blogging tool WordPress, has acquired Irish start-up Polldaddy, a venture that creates surveys and polls for web blogs, for an undisclosed sum.

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Financial Technologies acquires ACE Group

Indian financial services provider Financial Technologies has acquired a significant equity stake in UK-based Audit Control & Expert Global (ACE), a global credit support organisation providing collateral control, field audits, inspection, monitoring and financial structuring services in the commodity trade and finance sector.

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Funding package for Chromatide

Chromatide, a developer of polymer technologies, has raised venture capital finance from two existing investors.

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British Gas completes energy services deal 

British Gas has entered the energy services market following its £7 million acquisition of an installer of building control systems.

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Yorkshire pudding club celebrates new investment  

A Doncaster-based Yorkshire pudding maker has secured new funds to help it take advantage of increasing demand in the frozen food market.

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Inuk’s £9m windfall

Inuk Networks, a provider of video, voice and data services to the student market, has raised £9 million in a second funding round. 

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MBO signals growth for Custom Antenna Systems

Custom Antenna Systems (CAS), a design and installation supplier to the communications industry, has been acquired by its management. The deal saw Russell Heagney buy-out his long-term partner Roy Harper and was backed by HSBC

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Fidelity Equity Partners’ snap happy £33m deal   

Picsolve International, a provider of photographic systems and services for theme parks, has undergone a management buy-out backed by Fidelity Equity Partners. The £33 million-deal was supported by Royal Bank of Scotland with debt worth £13 million.

News

MBO signals growth for Custom Antenna Systems

Custom Antenna Systems (CAS), a design and installation supplier to the communications industry, has been acquired by its management. The deal saw Russell Heagney buy-out his long-term partner Roy Harper and was backed by HSBC

News

Fidelity Equity Partners’ snap happy £33m deal   

Picsolve International, a provider of photographic systems and services for theme parks, has undergone a management buy-out backed by Fidelity Equity Partners. The £33 million-deal was supported by Royal Bank of Scotland with debt worth £13 million.

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ELG Haniel acquires Shearer Mormet

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Swedish tech companies merge

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Aberdeen Asset Managers backs NESSCO  

Management at an Aberdeen-based telecom company is to expand its operations internationally after securing some £15 million from a syndicate of investors.

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SouthPeak purchases Gamecock

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