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South East
Monday 17 August 2020

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Mobeus exits Reading tech firm

Investment firm Mobeus has exited a Reading-headquartered business which develops electronic systems for ID documents and ticket readers with a sale to a US subsidiary of Assa Abloy, the group behind the Chubb and Yale brands.
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Insider Feature
Feature 1

Ask the expert: How refinancing your business could be the key to growth in challenging times

Refinance transactions may fall under the radar in the mainstream media but that does not make them any less vital than other forms of financing, according to Andrew Rutherford commercial director at Arbuthnot Commercial ABL, who says the funding could be the perfect answer for many South East businesses seeking to emerge stronger from the Covid-19 crisis.
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Deals

Wren Sterling swoops for independent financial adviser

Private equity-backed financial services firm Wren Sterling has completed the acquisition of an independent financial advisory business.
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Starbucks franchisee secures CBILS funding boost

A Starbucks franchisee has secured a funding boost through the Coronavirus Business Interruption Loan Scheme (CBILS) from Allied Irish Bank (GB).
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BGF-backed opticians group makes trio of acquisitions

BGF-backed Bayfields Opticians and Audiologists has completed a trio of acquisitions as part of its UK-wide expansion.
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Gymshark valued at £1bn as US PE firm takes stake

A US private equity firm has taken a significant stake in fitness apparel business Gymshark in a move that has valued the company at more than £1bn.
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HMT advises on parking management firm investment

Henley-on-Thames-based HMT has supported a parking management firm on its fundraising.
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Business

PE-backed Brighton firm buoyed by online shift

A Brighton-based e-learning authoring software business, which is backed by private equity firm YFM, has reported a surge in sales enquiries for the second quarter of its latest financial year as more companies turn to online training due to the ongoing Covid-19 pandemic.
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Debenhams ‘brings in liquidator’ in contingency move

Debenhams has reportedly brought in Hilco Capital to draw up plans for a possible liquidation process.
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Senior appointments for Midcounties Co-op

A series of senior appointments have been made by The Midcounties Co-operative.
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Property

Key worker housing scheme revamp gets nod

Plans to knock down an existing key worker accommodation block in Oxford to make way for 125 residential units have been given the thumbs up by the city council.
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