
|
31st March 2011 NCC buys US escrow firm for £5.9m
BUSINESS DESK
IT assurance company NCC Group has made a fresh acquisition in the US. The listed Manchester company has bought Escrow Associates, a software escrow company, for a maximum consideration of up to £5.9m ($9.5m) in cash. Atlanta-based Escrow Associates has 10... |
|
30th March 2011 Rickitt Mitchell wins twice at EN Deals Awards Dinner
EN MAGAZINE
Rickitt Mitchell had a good night at the EN Deals Awards Dinner in Manchester in March when deals that it had led won in 2 of the 3 deals awards categories. NCC Group plc |
|
10th December 2010 Flybe ready for Market take-off
BUSINESS DESK
FLYBE, Europe’s largest regional airline, has set an initial float price of 295p per share valuing the company at £215m. The airline, the largest in terms of traffic movement at both Manchester and Birmingham airports, said conditional dealings were... |
|
2nd December 2010 Rickitt Mitchell set to hire as deal flow picks up
BUSINESS DESK
Rickitt Mitchell, the corporate finance house, is expanding after completing 13 deals in the last 12 months. The eight-strong Manchester firm has also also promoted two members of its team, Ashley Haworth and Tim Ritchie to associate director after a 50% rise in... |
|
30th November 2010 Flybe in £60m flotation
BUSINESS DESK
The airline, the largest in terms of traffic at Manchester Airport, said it would raise £60m in the listing. Exeter-based Flybe intends using around half of the net proceeds from the offer to provide it with capital to fund the expansion of its fleet. The other... |
|
12th November 2010 VSS Group acquires Lissadell
BUSINESS DESK
TEXTILES and linen supplier Vision Support Services has bought an Irish towel business which supplies some of the world's most famous hotels including Raffles in Singapore, The Burj Al Arab in Dubai, Scotland's Gleneagles and The Berkeley in London. The deal... |
|
1st November 2010 Rickitt Mitchell recruiting new Executive
Rickitt Mitchell is one of the UK’s leading corporate financial advisors, acting as lead advisor on a range of transactions, including acquisitions, disposals, MBOs, MBIs, refinancings and fund raisings. The firm currently has a 7-strong professional team, made up of 4... |
|
14th October 2010 Rickitt Mitchell completes 3rd acquisition in 12 months for NCC Group plc
MANCHESTER EVENING NEWS
Manchester-based IT security firm NCC Group has completed its fourth acquisition in under two years with a £14.4m swoop to expand its presence in the United States - and has secured further funding to continue its buying spree. NCC has bought iSEC... |
|
13th October 2010 Rickitt Mitchell advises Instem on its flotation to AiM
THE TIMES
The world's giant drugs companies turn to it when they need help, and now many investors will get their first sight of a British software business when it makes its debut on the alternative investment market this week (Peter Stiff writes).
|
|
12th October 2010 Acal plc sells subsidiary ATM Parts Company Limited
PRESS RELEASE
Acal plc (LSE: ACL), a specialist provider of technology products and services across Europe and South Africa, today announces that it has completed the sale of its subsidiary, ATM Parts Company Limited ("ATM Parts"), to Cennox plc, a UK based ATM services and technology... |
|
14th September 2010 Confetti bought from administration
INSIDER
Online wedding and celebration supplies business Confetti has been bought out of administration in a deal that safeguards 34 jobs, administrators at RSM Tenon have confirmed. The Manchester-based company was placed into administration last month, days after being acquired by... |
|
14th July 2010 Adam set for growth after Maven investment
INSIDER
Building energy management business Adam Communication Systems International is looking to double turnover and take on an additional 20 staff after securing a £1.5m investment from Maven Capital Partners. The Cheshire business, whose wireless technology is used... |
|
28th May 2010 Advantage Expands Operations in Europe
PRESS RELEASE
Advantage Resourcing, one of largest technical and professional services companies in the world, announces today a key acquisition in the United Kingdom. Advantage Technical Resourcing has completed the acquisition of Atlan Resource Solutions, headquartered in... |
|
23rd April 2010 NCC Group buys Wilmslow competitor for £15m
CRAINS
Manchester-based IT security firm NCC Group has bought Wilmslow-based competitor SDLC Solutions for up to £15m. |
|
19th March 2010 NCC pays £3m cash for credit card security firm
CRAINS
NCC Group Plc (LSE: NCC), the Manchester-based information technology services provider, is acquiring a Cheshire company which carries out security testing for MasterCard and VISA. It is paying £3m in cash for Meridian Services International Ltd, based in... |
|
14th January 2010 The urge to merge
PRESS RELEASE
Brian Higgins, Partner at Rickitt Mitchell, featured in the December 2009 issue of Insider Magazine as part of a round table discussion with other professionals from the region to debate the benefits from, and issues with, merger transactions in the current... |
|
10th December 2009 Neil Mitchell promoted to Associate Director
PRESS RELEASE
The partners at Rickitt Mitchell are pleased to announce the promotion of Neil Mitchell to Associate Director effective 1st December 2009. Neil joined the firm in 2004 from PriceWaterhouseCoopers and has since worked on numerous private company disposals, MBOs/MBIs,... |
|
30th November 2009 Pointer Pet Foods bought out of administration
PRESS RELEASE
Pointer Pet Products Limited is pleased to announce the purchase of the business and assets of Pointer Pet Foods Limited, from KPMG, acting administrators of the company. The transaction is effective immediately. Pointer Pet Products Limited is a new company... |
|
1st November 2009 Rickitt Mitchell shortlisted for 2009 Insider Award
PRESS RELEASE
Rickitt Mitchell was shortlisted for the title of 2009 Corporate Finance Team of the Year in the recent Insider Magazine Dealmaker Awards. Stuart Moss, Partner at Rickitt Mitchell, said “Despite the doom and gloom in what has been a very difficult year for the... |
|
18th August 2009 Airangel taps EFG for £500,000
CRAINS
Airangel, a Warrington-based company which provides internet access at hotels, has secured a £500,000 funding package from the Royal Bank of Scotland under the government-backed Enterprise Finance Guarantee Scheme (EFG). The money will be used to support growth... |
|
4th August 2009 VSS buys The Desk Centre
CRAINS
Manchester-based Vision Support Services Group (VSS) has acquired the business and assets of Birkenhead-based office furniture firm The Desk Centre Limited from administrators Ernst & Young. It has now set up Desk Centre Ltd as a newly-incorporated subsidiary and... |
|
20th July 2009 KCP buys soup maker for £24m
FINANCIAL TIMES
The maker of a brand of soups endorsed by celebrity chef Marco Pierre White has been bought by Key Capital Partners, the Leeds-based private equity group, showing that dealmakers are still hungry to acquire food and drinks companies. TSC Foods, the maker of chilled... |
|
1st May 2009 Styles & Wood refinancing
MANCHESTER EVENING NEWS
Shopfitter Styles & Wood today revealed a major refinancing package to raise cash through a new share deal as it announced a pre-tax loss of almost £1m. The Altrincham based company will raise £12m through a new share offer and says it already has... |
|
9th April 2009 Acquisition of ServiceSource
PRESS RELEASE
Acal announces that its subsidiary, Acal Supply Chain Limited ('Acal Supply Chain'), has today acquired the remaining 25 per cent. of the issued ordinary shares in SSE for a cash consideration of £1,000,000. As announced on 12 January 2009, Acal Supply... |
|
18th November 2008 Kids Allowed secures £7.5m funding
CRAINS
Entrepreneur Jennie Johnson has secured a £7.5m loan from Abbey’s new corporate lending team and appointed advisors in a bid to attract more funding to expand her Didsbury-based Kids Allowed nursery business. |
|
4th November 2008 Third Leading Security and Testing Operation Acquired
PRESS RELEASE
NCC Group plc (LSE:NCC, "NCC Group" or "the Group"), the international independent provider of Escrow Solutions, Assurance Testing and Consultancy, has acquired Next Generation Security Software Ltd ("NGSS"), a security and testing company, for a maximum consideration... |
|
18th June 2008 IMAC to invest £7m in Review Centre Ltd
REGULATORY NEWS SERVICE
Ingenious Media Active Capital (''IMAC'') has today completed an investment of £7 million in Review Centre Limited (''Review Centre'') a newco set up to acquire Resource Team Limited (''RTL''). RTL's main... |
|
2nd April 2008 Multisol sold to management team
CRAINS
A management team from Nantwich-based chemical distribution firm Multisol have announced that they have completed a buy-out of the £78.5m turnover business for an undisclosed sum. The company, which last year made a profit of £6m, was sold by the Banner... |
|
20th January 2008 Acquisition of European Escrow provider for up to Euro10.5m substantially increases NCC Group's international presence
REGULATORY NEWS SERVICE
NCC Group plc (LSE: NCC, "NCC Group" or "the Group"), the international, independent provider of Escrow Solutions, Assurance Testing and Consultancy, has acquired Escrow Europe Holdings B.V. ("Escrow Europe"), a pan-European escrow solutions company, for a maximum... |
|
4th January 2008 Acquisition of W K Thomas companies by Casper Limited
PRESS RELEASE
Casper Limited ("Casper") today announces the acquisition of W K Thomas and Company Limited, W K Thomas ( Disposables) Limited and Marchant, Thomas and Murrell Limited (Together "W K Thomas"). W K Thomas are leading distributors of packaging, disposables and other... |
|
8th November 2007 On the Beach valued at £40m
MANCHESTER EVENING NEWS
Online holiday business On the Beach has secured private equity investment in a deal which is believed to value the Manchester and Cheshire based firm at around £40m. ISIS Equity Partners has taken a significant stake in the company, resulting in a windfall for... |
|
1st August 2007 NCC's £4m swoop on testing specialist
MANCHESTER EVENING NEWS
Manchester based IT security firm NCC Group has made its second swoop of the year with a £4m deal for a business which tests the computer networks of companies such as BAA, Orange, Flybe and SAGE. NCC has bought SecureTest, of Thame, Oxfordshire. The business was... |
|
1st March 2007 BA set to complete Flybe deal
FINANCIAL TIMES
British Airways is expected to announce today the completion of the sale of a large part of BA Connect, its lossmaking UK regional operations, to Flybe. The deal could cost BA about £150m, including finanical guarantees. In return BA is taking a 15 per cent... |
|
24th January 2007 Website monitoring firm bought for £9m
MANCHESTER EVENING NEWS
The chief executive of Manchester-based It security business NCC Group today issued a warning over the growing threat from computer hackers, as he unveiled a big rise in profits and a major acquisition. Rob Cotton said hackers and high-tech fraudsters pose an enormous... |
|
16th January 2007 It's hats off to Christy's following £21m buyout
YORKSHIRE POST
A Yorkshire company which made hats for Winston Churchill and now has a £40m turnover business producing children's dressing-up costumes has undergone a £21m management buyout (MBO). Historic hatmaker Christy Group, based in Barnsley, is the UK's... |
|
8th January 2007 Acquistion of King UK Limited by Casper Limited
PRESS RELEASE
Casper Limited ("Casper") today announces the aquisiition of King UK Limited ("King UK"), the leading distributor of non-food products to the licensed trade and catering sectors in the UK. The business was acquired from Autobar Group Limited ("Autobar") in a private... |
|
1st November 2006 Buoyant Styles & Wood's float raises £17.8m for growth
FINANCIAL TIMES
Shares in Altrincham-based shopfitting firm Styles & Wood are expected to begin trading on the stock market next week in a move which will value the company at £96.7m. Styles & Wood confirmed its float plans as it forecast sales of £264m for 2006, up from... |
|
31st October 2006 Speedy makes a £13.5m swoop for LGH
MANCHESTER EVENING NEWS
A company set up 36 years ago has been sold to growth-hungry north west firm Speedy Hire for £13.5m. Bill Parkinson, 67, established Lifting Gear Hire in Atherton and grew it into a £16.2m-turnover enterprise with 34 depots across the UK employing more... |
|
1st September 2006 Multi-million pound buy-out at lancashire-based toy manufacturer
MANCHESTER EVENING NEWS
A multi-million pound management buy-out has taken place at Britain's biggest privately owned toy and gift manufacturer, based in Fleetwood, Lancashire. Brothers Alan and Graham Halsall have completed the sale of David Halsall International, whose headquarters... |
|
1st July 2006 NCC Group plc makes second US software business acquisition
REGULATORY NEWS SERVICE
NCC Group plc, the independent provider of IT assurance, security and consultancy services, has acquired its second US-based software escrow solutions business, Source Harbor Inc, for a maximum consideration of $1.5m in cash. The business was established three years... |
|
1st January 2006 Rickitt Mitchell advises on management buy-out of Beechfield Brands Limited
PRESS RELEASE
Beechfield Brands Limited is a leading supplier of unbranded headwear, bags and accessories to distributors of leisurewear throughout the UK and European markets. The company is based in Bury, Lancashire and also has an office in China. The vendor and sole shareholder... |
|
15th December 2005 Ambitious NCC makes US swoop
MANCHESTER EVENING NEWS
Manchester based IT group NCC has secured its first foothold in the world's biggest economy with a US acquistion. NCC bought complementary escrow solutions business Recall Total Information Management, part of the Brambles Industries group, for a cash sum of... |
|
14th October 2005 RK Group sells to Quantica plc in a deal worth £13m
PRESS RELEASE
Cheshire based RK Group Limited has been acquired by Quantica plc, the FTSE listed recruitment and training group, in a £13m deal. RK Group was founded in 1993 by ex Michael Page board director Richard Robinson. The company consists of six specialist... |
|
6th June 2005 Giant buys computer parts company for £15m
MANCHESTER EVENING NEWS
American electronics giant Solectron Corporation has bought a £30m-turnover Cheshire-based computer parts business. Solectron is believed to have paid about £15m for ServiceSource Europe, which employs 200 staff, and is based at Appleton, Warrington. It was... |
|
1st November 2004 Rickitt Mitchell wins Insider Advisory Team of the Year Award
INSIDER MAGAZINE
There was a good mix of firms reflecting activity at the top end of the market, such as KPMG and PWC, who have both had busy years, and there was a strong vote for the Manchester office of a powerful global player, Rothschild. But it was one of the hungriest... |
|
8th July 2004 NCC raises £38m in float
MANCHESTER EVENING NEWS
Manchester IT consultancy NCC Group today raised £38m through a placing of shares with institutions on the Alternative Investment Market. The Group will have a market capitalisation of over £55m when trading begins. The company will use over... |
|
1st July 2004 Escrow side helps NCC's £65m flotation
FINANCIAL TIMES
NCC, the UK market leader in insuring companies against the collapse of their business software supplier, plans to float up to 75 per cent of its shares on Aim next month in a placing expected to value it at about £65m. NCC, whose revenues have grown at 20 per cent a... |
|
1st May 2004 Rickitt Mitchell advises Styles & Wood in secondary management buyout
PRESS RELEASE
The management at Styles & Wood, which project-manages retail store developments for blue chip companies, bought 3i's shareholding in the business, which joined the company when it backed an MBO in 2001. The funding was provided by Aberdeen Murray Johnstone... |
|
1st April 2004 Rickitt Mitchell has been shortlisted for the Corporate Finance Boutique of the Year
PRESS RELEASE
Rickitt Mitchell has been shortlisted for the Corporate Finance Boutique of the Year Award in the Real Deals Private Equity Awards 2004 to be held at the Grosvenor House Hotel in London on 29 April 2004. ... |
|
24th January 2004 Car Dealer nets £76m in sale to rival Pendragon
FINANCIAL TIMES
The chairman of CD Bramall, a car dealership, is driving off with a £76m windfall after his business was bought by a rival for £230m. The takeover by Pendragon will make it the UK's largest car dealer, with 4pc of the market, and the biggest in the... |
|
8th April 2003 Everest team pull off management buy-out
PRESS RELEASE
The six strong management team led by executive chairman Roy Eady has acquired a 22 per cent. stake in the business that sees 3i exit completely, and provides an exit for majority shareholder Brian Kennedy, who has reinvested a substantial sum to acquire a significant... |
|
14th October 2002 Large cash injection for Manchester City
PRESS RELEASE
The chairman David Bernstein has secured the backing of the US investment bank Bear Stearns with a deal which in time could total £44m. The bank has initially brokered a £30m bond, based on City’s loyal fan base. “The deal is secured on the future... |
|
1st March 2002 Quicks agrees £40m Bramall offer
MANCHESTER EVENING NEWS
The board of Quicks believes that the £40.16m deal, announced last Friday, is in the best interests of the company, which today announced a 6.6 per cent. increase in annual turnover to £589.6m. Pre-exceptional profits for the year ended 31 December 2001... |
|
14th October 2001 Property group goes private
MERGERS & ACQUISITIONS
Chepstow PLC, the acquisition vehicle of a consortium comprising directors Richard Fildes, Fergus Watson and Andrew Bird, together with Barry Owen, made a recommended cash offer for Barlows at 72 pence in cash per share. Immediately preceding the offer, Barlows... |
|
1st October 2001 Inside the superstores putting on the Styles
MANCHESTER EVENING NEWS
It was two months before shareholder restructuring at Altrincham based retail property services company Styles & Wood could finally go ahead, last October. Venture capitalists 3i bought for an undisclosed sum the 38.3 per cent stake held by private... |
|
1st December 2000 Deal of the Year
INSIDER MAGAZINE
This is what Insider said......The picks-and-shovels merchants of the internet revolution get my vote. The dot-com sector is having trouble with investor confidence and there will be many more business failures and forced consolidations as a result. But the internet is here... |
|
6th August 2000 Benjy's Buy-In
SUNDAY TELEGRAPH
The deal is being funded by a combination of equity backing from ECI Ventures and debt from BHF Bank, part of ING Barings. The company has earnings before interest and tax of £2.8m and a turnover of £25m. The chain has been built up by Paul Benjamin and his family... |
|
14th July 2000 Survival in the eye of a storm
MANCHESTER EVENING NEWS
Through no fault of its own, TeleCity was caught in the eye of a storm caused by spectacular falls in the global value of technology stocks. In late May as the company was finalising its offer, an almost unprecedented set of events caused the float to be pulled at literally... |
|
1st February 2000 Pipped at the Post
INSIDER MAGAZINE
Moreover, not all firms reporting deals always list the names of their professionals. Others, however, list everyone in their team but not the personnel involved on the other side. The result is patchy - and often more a reflection on each professional firm's marketing... |
|
1st January 1999 Top-boutique award boosts Rickitt Mitchell
MANCHESTER EVENING NEWS
Rickitt Mitchell, founded 23 years ago by Peter Rickitt, father of former Coronation Street star Adam, was the only Manchester firm to be recognised in the prestigious awards. Judges of the Acquisitions Monthly National Awards said the Clarence Street firm had... |
|
1st January 1999 Instem bosses take the private route for £9.8m
THE BIRMINGHAM POST
Management at Staffordshire computer company Instem yesterday announced plans to take the business back into private hands. Investors are being offered 210p for their shares - a price they have not achieved for more than ten years. At the end of last week, venture... |