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South East
Thursday 22 July 2021

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Marlowe approaches Restore with £743m offer

Security systems services giant Marlowe has approached the board of Surrey-headquartered Restore regarding a potential acquisition which values the share capital of the information and data management firm at £743m.
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Business Matters: Disengaged employees are 60% more likely to make mistakes compared with their engaged colleagues

Leigh Dauncey from Partners&, says research has shown that employees who are engaged in their work tend to be happier and healthier, which can lead to greater employee retention.
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Deals

Wren Sterling secures investment for MBO

Wren Sterling has secured a majority investment from funds affiliated with Lightyear Capital to complete a management buyout (MBO) from Palatine Private Equity and shareholders.
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CBAM snaps up Farnham IFA

Close Brothers Asset Management (CBAM) has acquired an independent financial adviser (IFA) based in Farnham in a move that adds £300m in assets to the group.
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Boyes Turner advises on MotorDocs sale

Specialist technology law firm Boyes Turner has advised on the multimillion-pound sale of MotorDocs.
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Advisers lead on Hireserve sale

Thames Valley advisers have led on the sale of Basingstoke-based recruitment software company Hireserve to XCD.
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AstraZeneca completes $39bn Alexion Pharmaceuticals takeover

Biopharmaceutical giant AstraZeneca has completed its $39bn takeover of Alexion Pharmaceuticals, with the deal marking the "beginning of a new chapter".
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Business Matters: A four-pillar approach for a lean future

As we find ourselves racing to build back business and our economy, as well as meeting increasingly ambitious net zero targets, the drive to create efficiency in our processes has never been more pressing, says Eugene Smethurst, technical director at Atkins.
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Business

Progeny Group hails “very strong” first half

Multi-disciplinary professional services firm Progeny Group has hailed a "very strong" first half to the financial year.
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Transense adds to panel

Transense Technologies, a Bicester-based provider of specialist sensor systems, has boosted the commercial advisory panel for its Surface Acoustic Wave business.
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Business Matters: Now is the time to encourage the UK’s next generation of entrepreneurs

Martin Verrall, tax director at Grant Thornton UK LLP, explores how tax relief can encourage start-ups and why creating an entrepreneurial culture is going to be important for the UK’s economy as it recovers from the COVID-19 pandemic.
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Property

Consultation launches on Oxford-Cambridge Arc

A government consultation has been launched on the long-term development of the Oxford-Cambridge Arc.
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Plus X to work with Savills on expansion plans

Plus X innovation hubs has recently appointed property consultancy Savills as a strategic adviser for its plan to expand its current portfolio of hubs to 25 over the next five years.
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Insider Feature
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Business Matters: Deploying a digital fabric for communities

Richard Emery, South & East Director – Private Sector at BT, says across the public and private sector, the Covid-19 pandemic has seen digital adoption accelerate at a rate of knots. And whilst technology adoption was already on the agenda for many organisations, we’ve seen many sectors step up their digital transformation ambitions in the past 12 months.
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