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North West
Thursday 15 April 2021

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Matillion eyes 'significant growth' as CEO sheds light on company's journey

A Manchester-headquartered enterprise software, which recently brought in a further $100m from Silicon Valley investors, is eyeing "significant growth" over the next ten years, its chief executive and co-founder has told Insider. Matthew Scullion of Matillion also spoke about the company's journey, including being backed by YFM in 2016, and where he hopes to take the business.
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Insider Feature
Feature 1

Business Matters: Impact of Uber ruling will spread beyond the gig economy

Sara Barrett from Mills & Reeve says the Supreme Court's ruling has finally confirmed that Uber's drivers should be classified as workers, and are therefore entitled to the National Minimum Wage and paid holidays. This decision has attracted attention, not just because Uber is a household name, but because it has re-examined the approach taken to resolving disputes about employment status.
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Deals

Springpod secures £2.25m through Series A round

Liverpool-based Springpod, a careers network that connects young people with employers and education providers, has raised £2.25m through a Series A funding round.
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Video collaboration firm backed by follow-on NPIF funding

A Liverpool-based video collaboration platform has secured a six-figure funding boost, led by NPIF - Maven Equity Finance, to make hires across its management team.
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Regulator provisionally clears merger of Virgin and O2

The Competition and Markets Authority has provisionally cleared the proposed merger of Virgin Media and Virgin Mobile with O2.
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EFS Global makes Atherton acquisition

Burnley-based EFS Global has expanded with the acquisition of an Atherton counterpart for an undisclosed sum.
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Investors flock to Monva crowdfunding campaign

Fintech business Monva has more than doubled its latest fundraising target.
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Insider Feature
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Ask the expert: Cyber incidents - an opportunity to change?

Helen Pyne from Deloitte says businesses around the world are targeted by cyber criminals every day. Thankfully, not all will be successful but others can sneak through the back door with significant consequences.
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Business

Moulding makes £100m pledge as THG reports post-IPO results

Revenues have soared at THG by almost £500m with EBITDA also climbing as the ecommerce giant reported its first full-year results since a landmark IPO. Meanwhile, founder Matt Moulding is to transfer £100m worth of THG shares into his charitable foundation.
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Trio of brands to open on Grand Junction Retail Park

A trio of brands are opening stores on Grand Junction Retail Park in Crewe.
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Companies House gets ready for new powers

Companies House is preparing for a new role in identiying wrongdoers, and for changes to the way directors file information.
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Insider Feature
Feature 3

Ask the Expert: Why backup your files and brush your teeth?

Craig Dean, regional Director - North West at razorblue, says data loss can be caused by several different factors and you need to protect your business from all of them.
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Property

Manchester office scheme snapped up in £82m deal

A speculatively developed office scheme located on a prominent road into Manchester city centre has been bought for £82m.
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James Galt & Co takes 100,000 sq ft site

Kinaxia Logistics has agreed a five-year warehousing contract with iconic toy firm James Galt & Co for a huge unit in Warrington
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ACAI Outdoorwear moves to new HQ

Women's clothing brand ACAI Outdoorwear has relocated to new headquarters in North Wales as the company accelerates its expansion plans.
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Record quarter for property deals at Taylors Solicitors

Property finance lawyers at Taylors Solicitors in the North West completed deals totalling £50m during the first three months of 2021 during a record quarter.
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Approval for Astmoor Industrial Estate scheme

Plans for a new development on Runcorn's Astmoor Industrial Estate – which were drawn up on the back of "strong demand" for such space – have been backed.
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Insider Feature
Feature 4

Ask the expert: Succession planning - What are your routes to exit?

Janet Robinson, associate solicitor at Slater Heelis, explains why Employee Ownership Trusts are becoming the popular route to exit.
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Manufacturing

New showroom for Ribble Cycles

Ribble Cycles has opened its new flagship showroom.
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Revenues jump at Barbour despite lockdown impact

Revenues have jumped at iconic clothing brand Barbour despite being "heavily impacted" by the first Covid-19 lockdown, new documents have revealed.
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Other News

NEW 2021 North West Top 500 Companies Database

NEW 2021 North West SME 300 Companies database - contact the region’s top decision makers

Member Exclusive News

Sellafield testing contract for Medtech firm

A business launched last spring in response to the Covid-19 pandemic has been appointed to provide at-home lateral flow testing and support services for employees at Sellafield.
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Uvisan strikes deal with Aardman

Salford-based Uvisan has struck a deal with Academy Award-winning animation studio Aardman to ensure work on its blockbusters continue during the pandemic.
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Services & Guides

Greater Manchester Investment Guide 2021

Greater Manchester Investment Guide 2021

A comprehensive guide to investing in the region’s authorities, with facts, figures, statistics and key contacts.
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Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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