Mobile phones and PDAs are fast becoming the bane of British businesses, with almost two-thirds of workers complaining of poor mobile habits amongst their co-workers, or so latest research from polling organisation YouGov suggests.
North of England- and Midlands-focused investment group Enterprise Ventures has named plant health technology business Plant Impact as the latest addition to its RisingStars Growth Fund.
Institutional investment in AIM companies continues to rise steadily, with institutions now controlling some 40.9 per cent of the market, a statistic revealed by Growth Company Investor’s third annual market survey.
ISIS Equity Partners has hired 3i veteran Henrietta Marsh to head up the AIM investment side of its four Baronsmead VCTs, which currently have more than £200 million under management.
Barclays Private Equity has sold its stake in residential care business CareTech back to the company’s management – after three years of investment – ahead of a reported £50 million AIM flotation.
Mid-market private equity house Gresham has completed a brace of deals in under a week, supporting both the management buyout of industrials business Olaer and providing £31 million of financing for local government services group Jackson Lloyd.
Online football betting specialist Betex, now raising £3 million on OFEX, plans to join AIM to attract another £7 million of investment and has already appointed broker Numis to assist.
Mid-market private equity house Gresham has completed a brace of deals in under a week, supporting both the management buyout of industrials business Olaer and providing £31 million of financing for local government services group Jackson Lloyd.
Online football betting specialist Betex, now raising £3 million on OFEX, plans to join AIM to attract another £7 million of investment and has already appointed broker Numis to assist.
If its £8.3 million fundraising goes according to plan, software venture Ex Libris will become the latest in an increasingly long line of Israeli ventures to launch onto AIM – although it is likely to be the only company on the market founded by librarians.
Pelikon, a Cambridge-based company seeking to commercialise a range of plastic display technologies, has raised £5 million from a series of backers and will use the cash to prepare for an AIM launch anticipated some time next year.
Alliance Fund Managers, operator of regional investor the Merseyside Special Investment Fund, is poised to launch a new £27 million investment vehicle on Tuesday 27 September.
IDIS, a Surrey-based importer and distributor of unlicensed pharmaceuticals to named patients, has completed a £22 million management buyout with the backing of Close Brothers Private Equity.
