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German refrigeration and HVAC platform bluu unit has signed an agreement to acquire Bristol-based Space Engineering in a deal that marks the group's entry into the UK market and adds in-house CO2 refrigeration pack and heat pump manufacturing for the first time. Space Engineering employs approximat
Blu Sky, an accountancy firm based in Newcastle, has been acquired by Nuvo Group in a deal described as marking the next step in the company’s growth. Blu Sky, which is B Corp-certified, works with businesses across the North East and beyond. Following the acquisition, Blu Sky clients will continu
Since our last update, the following businesses have been confirmed as having fallen into administration. All dates indicate when the administration was announced and not necessarily the dates on which administrators were appointed. Big Brand Ideas Limited - October 6 Big Brand Ideas Limited, a mar
Surrey-based software firm Bytes Technology Group has acquired London cybersecurity services provider CyberOne for an initial consideration of £19.4 million, representing a multiple of slightly over 2x CyberOne's annual revenue. CyberOne generated revenue of £9.5 million in the 12 months to 31 Ju
A solar farm project currently under construction in West Yorkshire is set to be acquired in a deal worth £34.6 million. Octopus Renewables Infrastructure Trust (ORIT) has signed a conditional agreement to acquire Barnsdale Solar Park from OnPath Energy. Once operational, the 55MWp Barnsdale projec
Lancashire-based pharmacy software provider Positive Solutions has been acquired by TAG Software Group, a subsidiary of Canadian software group Valsoft Corporation. Terms of the deal have not been disclosed. The acquisition strengthens Valsoft's presence in UK healthcare software, adding a pharmacy
Utilities group Ipsum has expanded its presence in the UK’s drainage and wastewater sector with the acquisition of an established Midlands-based firm. Draintech Services (Midlands) Limited, brings a wealth of experience supporting customers from both the public and private sectors, including housing
Ceres Holographics, a pioneering holographic technology firm headquartered in Livingston, Scotland, has been acquired by Germany-headquartered optical systems manufacturer ZEISS. Post-acquisition, Ceres Holographics will become part of group business unit ZEISS Microoptics, which focuses on indust
