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West Midlands
Insider News
Friday 21 January 2022

LATEST NEWS

 

TOP STORY

Fresh plans have been submitted proposing the redevelopment of a former factory site in Birmingham to provide hundreds of new homes in blocks rising to 26 storeys.
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INSIDER FEATURE

Digital transformation is the integration of digital technology into all areas of a business, including its operations and delivery of services to customers. So how will this affect your business? David Brennan from Gowling WLG sets out a digital transformation roadmap, which provides an insight into how companies can alter business models transforming their strategy, to prepare them for the future.
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DEALS

A £2.7m funding package from Arbuthnot Commercial Asset Based Lending has supported the acquisition of a Brierley Hill-based metal supplier.
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Palatine-backed Anthesis, the fast-growing global sustainability specialist, has revealed its second strategic deal of the year.
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Social and digital media company Brave Bison has outlined its acquisitive growth plans, with the company eyeing up businesses both in the UK and overseas.
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A company owned by the chief executive of Photo-Me International is eyeing a full takeover of the consumer vending equipment firm in a deal which values the business at about £284.5m.
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INSIDER FEATURE

Simon Peacock, partner at Alantra, looks at five things sellers should avoid in M&A when the Covid tide goes out.
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One in five people regard housing issues as negatively impacting their mental health. How do we keep up with construction, consider net zero and solve the upscaling problem? Neil Gosling, head of residential development at Shakespeare Martineau, offers his advice.
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PROPERTY

Detailed plans for a 17-storey hotel as part of the Paradise Birmingham development have been green lit.
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Property investor Colmore Capital has sold a 33,615 sq ft distribution unit in Rugby to an institutional buyer.
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Plans have been revealed for a £40m Sutton Coldfield retirement community intending to provide almost 140 homes.
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SSE has acquired its first solar project as part of its £12.5bn investment programme to support change towards Net Zero.
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Funding of £700,000 has been approved to support the redevelopment of a brownfield site in Stoke-on-Trent to provide more than 100 homes.
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A development agreement has been signed for work to begin on the construction of more than 120 homes in Castle Vale.
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INSIDER FEATURE

Clare Lang from mfg Solicitors says many buyers structure their purchases of businesses and companies with part of the purchase price being deferred. This is often used as a method of bridging the gap between sellers' – perhaps unrealistic - price expectations, and buyers' views on valuation. Many sellers' price expectations were formed prior to Covid-19 and it is often difficult for buyers to encourage a departure. This has left buyers seeking more inventive ways of satisfying valuation differences.
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BUSINESS

A Warwick building contractor, which has worked with the likes of Audi, BMW and Jaguar Land Rover, has achieved a planned reduction in turnover as part of a return to its optimum performance model.
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Revenue has surged and pre-tax losses have been cut at national retailer The Works during the first half of its financial year.
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The University of Wolverhampton Racing Team (UWR) has secured a sponsorship boost of £200,000 from a commercial investment firm.
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A programme has been launched which is designed to support the creation of a new hydrogen economy in the Midlands.
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Knights is continuing its organic growth and recruitment drive with the appointment of five partners and a senior associate.
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RSM has appointed a new partner to strengthen its M&A tax capability in the Midlands.
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MANUFACTURING

LED lighting maker Luceco has said that it expects to report record results for its latest financial year.
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OTHER NEWS

 

MEMBER NEWS

 

Rotherwood Group has added to its portfolio with the acquisition of a nursing home in Herefordshire.
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Sidetrade, an AI-powered fintech platform with a tech hub in Birmingham, has brought on three graduates as full-time employees.
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UPCOMING EVENTS

 

SERVICES & GUIDES

 

Find an adviser to help you buy, sell or invest in a business.
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The region's top places to hold events, conferences and meetings.
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The region's top hotels and accommodation.
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