http://www.alertdata.co.ukLatest Private Equity / Bank Funding Business News powered by Alert Dataen-gb&copy; Alert Research Ltd 2005-2012rss@alertdata.co.uk30http://www.alertdata.co.uk/rss.phpPHP/5.2.13http://www.alertdata.co.uk/images/alertdata.gifhttp://www.alertdata.co.uk21651Latest Private Equity / Bank Funding Business News powered by Alert Datahttp://www.alertdata.co.uk/979348.htm<strong>£1.5m funding secured - technology development strategy</strong><br>Cheshire-based technology company eoSemi has secured a £1.5m second tranche of funding from existing investors EV, NESTA investment an Capital-E. eoSemi will continue developing silicon replacements for the quartz crystals currently used in electronic devices with a view to bringing the technology into a $4bn market.Tue, 07 Feb 2012 11:11:58 +0000http://www.alertdata.co.uk/979348.htmhttp://www.alertdata.co.uk/735251.htm<strong>Funding site expands - Affiliate programme launched - £300,000 raised</strong><br>Exeter-based Crowdcube has launched an affiliate scheme offering small business services providers their own crowdsourcing service. The company will manage the product as a co-branded portal at no cost to affiliate businesses. It has recently raised £300,000 on its own website to fund its future development. Darren Westlake is Co-Founder and Chief Executive of Crowdcube.Tue, 07 Feb 2012 09:30:46 +0000http://www.alertdata.co.uk/735251.htmhttp://www.alertdata.co.uk/9422.htm<strong>Motor dealer group refinances to facilitate expansion - New site in Derbyshire</strong><br>Family-owned motor dealer group Gordon Lamb, based in Sheffield, Yorkshire, has refinanced with Barclays Corporate to facilitate its expansion. The business has dealerships in Chesterfield, Derbyshire and Sheffield with will open a Derby site in the near future. The company also has franchises for Range Rover, Land Rover, Nissan, Skoda, and Toyota and authorised service centres for Renault and Jaguar. Stephen Lamb heads the company.Tue, 07 Feb 2012 09:30:46 +0000http://www.alertdata.co.uk/9422.htmhttp://www.alertdata.co.uk/979325.htm<strong>Hotel acquired from Compass Hotels - £1.5m hotel investment</strong><br>The Abbey Hotel in Bath has been purchased from privately owned hotel group Compass Hotels by Ian and Christa Taylor. The new owners are planning to invest £1.5m into the venue over the next three years after securing support from Barclays Corporate. Work to transform the restaurant and the ground floor of the hotel will be carried out in 2012, while a full refurbishment of the hotels 60 bedrooms is planned for 2013 and 2014. The hotel will continue to trade under the Best Western brand despite the change in ownership.Tue, 07 Feb 2012 09:30:46 +0000http://www.alertdata.co.uk/979325.htmhttp://www.alertdata.co.uk/979333.htm<strong>£4.2m investment - Aero Stanrew MBO</strong><br>Cardiff-based private equity firm WestBridge Fund Managers has invested £4.2m as part of a £8.5m management buyout at Devon-based aerospace component manufacturer Aero Stanrew. The investment is WestBridge's largest to date.Tue, 07 Feb 2012 09:30:46 +0000http://www.alertdata.co.uk/979333.htmhttp://www.alertdata.co.uk/247562.htm<strong>£8.5m management buyout of electromagnetic components company</strong><br>Aero Stanrew, the Devon-based supplier of electromagnetic components to the aerospace sector, has been bought by its management for £8.5m. Private equity for the acquisition came from WestBridge Fund Managers, with HSBC providing structured debt. The business employs 170 staff in Barnstaple and its base in Tunisia. The management team is led by Clive Scott and also includes Chris Evans, Owen Rolfe and Peter Vaughan. Phil Crawford-Smith of Westbridges Co-Investment Club is Independant Chairman.Tue, 07 Feb 2012 09:30:46 +0000http://www.alertdata.co.uk/247562.htmhttp://www.alertdata.co.uk/282275.htm<strong>Business expansion following bank funding - New £5m office and industrial premises - Jobs created</strong><br>Yorkshire based engineering company, Cutting & Wear Resistant Developments, has moved into new £5m office and industrial premises in South Yorkshire after securing funding from Yorkshire Bank. The new premises covers an area of 38,000 sq ft offices and a manufacturing plant on a three-acre site at Smithy Wood Business Park, near Sheffield. The site will allow the company to expand further over the next four years as an additional 18,500 sq ft of manufacturing space and 2,500 sq ft of offices are to be added. Following the move, ten new jobs will be created. Mark Russell is Managing Director of Cutting & Wear Resistant Developments Limited.Thu, 02 Feb 2012 09:33:42 +0000http://www.alertdata.co.uk/282275.htmhttp://www.alertdata.co.uk/979240.htm<strong>£180,000 bank funding secured - new premises - creating operational role</strong><br>AMA Labels Ltd has secured a £180,000 funding facility with NatWest to support its move to 2,100 sq ft of office, manufacturing and warehouse premises in Piddington, Buckinghamshire. The expanding company is creating a new operational role in response to a significant increase in demand for its products.Thu, 02 Feb 2012 09:24:42 +0000http://www.alertdata.co.uk/979240.htmhttp://www.alertdata.co.uk/979234.htm<strong>Expansion for online golf venture - £730,000 investment received- 17 new jobs</strong><br>Virtual golf game designer Net60Six, based in Leeds, is expanding after securing £500,000 investment from the Finance for Business North East Technology Fund, managed by the IP Group, and £230,000 from a number of business angel investors. Net60Six, which offers players the chance to play 60 shots of golf in 60 minutes on a specially-designed course for driving ranges, is already installed at six driving ranges based in Yorkshire and the Midlands and the company is planning to use the Finance for Business North East Technology Fund investment to fund a roll-out of its innovative creation across the UK, starting in the North East. The business plans to open an office in Newcastle and its first course in the region in 2012. It will create eight new jobs in 2012, increasing the number of staff to 11, and will grow to employ 20 people by 2014. Craig Higgs is Managing Director of Net60Six.Thu, 02 Feb 2012 09:03:14 +0000http://www.alertdata.co.uk/979234.htmhttp://www.alertdata.co.uk/388293.htm<strong>Garden Centre Group in exclusivity takeover talks - 128 locations - 5000 staff</strong><br>Garden Centre Group is to enter exclusivity talks with private equity firm Terra FirmaWed, 01 Feb 2012 12:22:01 +0000http://www.alertdata.co.uk/388293.htm