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East Midlands
Friday 14 August 2020

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Bistrot Pierre sets target date for Covid-19 recovery

Private equity-backed Bistrot Pierre is expecting to return to pre-Covid levels of profitability by 2024 and open a new site every year from 2023, according to a new document. The value of the pre-pack deal to buy the Nottingham-headquartered restaurant chain out of administration last month has also been published for the first time.
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Insider Feature
Feature 1

Business Matters: How to get investment in turbulent times

Ray Harris, MEIF principal at Foresight Group LLP, offers a helpful guide for management teams of SMEs looking for equity investment post pandemic.
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Deals

Double deal for financial services provider

A listed financial services provider has acquired two inter-related businesses in the UK and international pensions sectors from a Leicester-headquartered group.
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Seven-figure funding boost for ecommerce company

A Northampton ecommerce company as secured a seven-figure revolving credit facility from HSBC UK to support the company’s expansion plans.
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Sustainable batteries firm’s £2m BGF boost named Deal of the Month

A deal which saw a Birmingham-based developer of sustainable and reusable batteries receive a £2m equity investment from BGF and Mercia Asset Management has been named Insider's Deal of the Month for July.
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New lender secures CBILS accreditation

Simply has been accredited to lend under the Coronavirus Business Interruption Loan Scheme (CBILS) by the British Business Bank.
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Company extends crowdfunding campaign

A crowdfunding campaign by a Derbyshire company which develops systems that protect armoured vehicles from mine and IED blasts has been extended.
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Business

PE-backed logistics business eyes future growth

An LDC-backed logistics business has said its strong performance into 2020 is a platform for future growth as its results for its latest financial year are revealed.
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Topps Tiles set for “modest” pre-tax profits

Topps Tiles has said it now expects to report "modest" pre-tax profits for its current financial year which has been impacted heavily by the Covid-19 pandemic.
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CMA raises concerns over funerals sector

A number of concerns have been raised about the funerals industry by the Competitions and Markets Authority (CMA).
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Turnover rises as losses widen at sk:n Group’s parent

Turnover at the parent company of private-equity-backed sk:n Group increased during its latest financial year, but its pre-tax losses widened, according to new figures.
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Cera Care to create 10,000 jobs

Cera Care is recruiting, retraining and deploying new staff from industries that have suffered mass redundancies due to the ongoing pandemic, creating 10,000 jobs.
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Property

Plans submitted for new job-creating care home

Plans for a 66-bed care home in Derby have been submitted for consideration.
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Approval granted to build more than 80 homes

Approval has been granted to build more than 80 homes on a site in Northamptonshire.
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Logistics company expands headquarters

A logistics company has expanded its Nottingham office and carried out a two-storey refurbishment.
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Company to extend Derby stay

A water and wastewater company has committed to a further seven years at its Derby office.
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Manufacturing

Rolls-Royce starts low-emissions tech testing

Rolls-Royce has started its latest phase of testing on its low-emissions technology for its next generation of engines.
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Other News

Midlands Top 500 Companies Database - contact the region’s top decision makers

Member Exclusive News

Cobblers announce new shorts sponsor

Newly promoted Northampton Town have named a new back of shorts sponsor.
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