Tuesday 29 March 2022

A Hampshire-headquartered developer and publisher of virtual reality (VR) games has secured £20.1m of third-party investment as the company looks to strengthen its position in the market. The co-founder of the Mercia-backed studio called the deal a "pivotal moment".
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James Marler, director, business development (London and South East) at Arbuthnot Commercial Asset Based Lending (ACABL), explores how businesses in the region can maximise their opportunities to drive growth through acquisitions this year.
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Property services giant Wates Group has secured a £90m sustainability-linked loan from a three-bank syndicate led by Lloyds Bank.
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Connection Capital has exited its investment in a Fleet-headquartered insurtech business, with the company being bought by the owner of Uswitch.
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BLM has agreed to merge with Clyde & Co following a vote in favour by partners at both law firms. The combined entity, to be known as Clyde & Co, will have global revenue in excess of £700m per year, with offices in more than 60 cities worldwide.
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Ted Baker has confirmed that it has rejected two "unsolicited" proposals from US private equity firm Sycamore Partners Management.
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Building consultancy Kirkby Diamond has more than doubled the number of properties it manages on behalf of a national group after being instructed on a further 700 plots.
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Plans for a 140-home scheme in Hastings have been backed.
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Listed housebuilder Bellway is expecting strong volume growth in the fiscal year, after reporting a rise in half year profits and revenues.
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Housing association Aster Group has appointed a new director to lead its £571m property investment programme.
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UK commercial vehicle production grew by more than 90 per cent during February, according to the latest figures, but remained below pre-pandemic levels.
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Transport, engineering and placemaking consultancy PJA has appointed a new associate director in Reading.
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UPCOMING EVENTS