Month

February 2024
Exploring the Potential Sale The private equity owner of Village Hotels has initiated an auction with the intention of selling the group for a staggering £800 million. This move has been reported by The Times, indicating a significant development in the hospitality sector. KSL Capital Partners, the current owner, purchased the mid-market chain for £485...
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A tearoom nestled within Glasgow’s Hidden Lane has recently changed ownership after more than a decade of serving as a beloved venue in the city’s Finnieston neighborhood. The Hidden Lane Tearoom, an iconic establishment known for its vintage charm and warm ambiance, has been a staple of Glasgow’s hospitality scene since it first opened its...
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A Game-Changing Acquisition In a significant development within the real estate industry, Websters, a prominent family-run independent sales and letting agency, has recently finalised the acquisition of Norfolk Broads-based sales agency Pendefords. With Pendefords boasting a successful track record of property sales spanning five years in the area, this acquisition marks a strategic move for...
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Expansion in the PPE Industry In a significant move for Suffolk’s business landscape, Ipswich Trade Centre (ITC), a prominent supplier of personalised personal protective equipment (PPE), workwear, and business consumables, has recently completed the acquisition of its west Suffolk competitor, Chase Trade Centre. This acquisition marks a pivotal moment for ITC, doubling its capacity to...
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Flotek’s Strategic Move In a significant strategic move, Flotek Group, a leading IT and Managed Service Provider, has successfully completed its tenth acquisition by acquiring Truro-based Orbiss, an IT and telecommunications company specialising in solutions for the hospitality industry. This acquisition marks a milestone in Flotek’s expansion journey, enabling the company to broaden its presence...
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The Formation of a Logistics Powerhouse Parcel carrier Yodel has recently been acquired by YDLGP Limited, signalling a significant shift in the logistics landscape. YDLGP, backed by a consortium led by Shift, aims to create a “super scale logistics platform,” leveraging the expertise and resources of both entities. Key Players Behind the Acquisition YDLGP boasts...
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Revolutionising Ground Transport Services In a significant move within the transportation industry, the highly acquisitive CMAC Group has found itself at the center of attention following its acquisition by the Singapore-listed ComfortDelGro Corporation. This strategic acquisition, valued at £80.2 million, marks a pivotal moment for both entities and underscores the growing importance of ground transport...
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Overview of Four Financial Recruitment Acquisition Four Financial Recruitment, a reputable firm with offices in Bolton and Manchester, has recently undergone a significant change in ownership due to pre-pack administration. The founder, Philip Sofield, orchestrated the acquisition, leveraging a personal guarantee to secure the business, its assets, and goodwill from administrators for £26,000. Established in...
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My Property Box Strengthens Presence in Teesside Region My Property Box, a fast-expanding agency group, has recently finalised its 10th acquisition within a span of six years. The latest addition to its portfolio is Brookland Estates Lettings, a prominent player in the Teesside lettings and property investment market. This strategic acquisition further solidifies My Property...
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FirstGroup plc make acquisition
FirstGroup plc has finalized an agreement to acquire Ensign Bus Company Limited (‘Ensignbus’), an Essex-based business recognized for its robust presence in business-to-business (B2B) and regional commercial bus operations, as well as vehicle refurbishment and re-sale services. The acquisition, subject to customary regulatory review, is expected to be concluded within the next few months. Ensignbus,...
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