Today’s deal headines

In today’s deal headlines demolition firm KDC Contractors has undergone a £12 million management buy-out and adult care provider Care Principles has acquired Watcombe Hall


In today’s deal headlines demolition firm KDC Contractors has undergone a £12 million management buy-out and adult care provider Care Principles has acquired Watcombe Hall

Done deals:

  • Irish pharmaceutical wholesaler United Drug plc has bought Universal Conference and Incentive Travel and Business Edge Solutions & Training for up to £14.2 million, in order to bolster its sales and marketing operations

  • Spiritel has acquired WN1, a Wigan-based reseller of mobile voice and data services, for £2 million

  • Tikit Group has purchased TFB Group, a Fareham-based supplier of practice management solutions to law firms, for £7.4 million

  • Demolition firm KDC Contractors has been undergone a £12 million management buy-out backed by Barclays Ventures and YFM Private Equity

  • Stationary manufacturing business Setten & Durward has been bought out of administration by New Zealand-based computer component supplier Zcom

  • Financial adviser Burns-Anderson has been acquired by fellow IFA the Money Portal for £14 million

  • Adult care provider Care Principles has bought Watcombe Hall mental health care home in Torquay

  • Co-operative Pharmacy has acquired A Robertson & Son, a chain of three pharmacies in Fife

  • ARR Craib, an Aberdeen-based haulage firm, has undergone a management buy-out for undisclosed terms

  • Equipment rental firm VP plc has acquired Redding Hire for £2.9 million in a bid to strengthen its offering

  • Utility support services company Spice plc has bought commercial energy broker Energy 2000 for up to £5.5 million

  • Construction group Rok plc has purchased new-build and refurbishment company Richardson Projects for up to £40.5 million

  • Insurance group and financial adviser CBG Group plc has bought rival company Howgud for up to £2.3 million

  • International security services firm G4S plc has acquired RONCO Consulting Corporation, a Washington DC-based humanitarian and commercial mine action and security company with assets of $25 million (£12.5 million)

  • Cobra Holdings, a retail and wholesale insurance broking group, has acquired three insurance brokers and an underwriting agency. The brokers include Giles, JK Lee, GDK Insurance Services and underwriting agencyCounty Insurance Services Schemes
    (Source: SmallCapNews)


Deals in the pipeline:

  • Oil and gas producer Venture Production plc has agreed to buy Tullow Oil plc’s interests in ten Caister-Murdoch System blocks in the North Sea for £35 million
    (Source: RTE Business)

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.

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