Wednesday 16 March 2022

Prominent businesses operating in a range of sectors and located across the Midlands feature in Insider's ranking of the best performing owner-managed businesses (OMB) in the region.
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Fayyaz Shah, chief operating officer at METCLOUD, says the value of having a disaster recovery plan is indisputable yet only 20 per cent of UK businesses and charities have a robust disaster recovery plan and test their plan annually.
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A Nottingham-based payment platform software specialist known for its work in the gaming industry has been acquired by an Israeli counterpart in a $29m deal.
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A Birmingham-based civil engineering contractor, which employs 120 people, becoming employee-owned has been named as the Deal of the Month for February.
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Coniston Capital has reported a final close of its maiden fund, Coniston Capital I LP, at its hard cap of £40m, surpassing its target of £30m. Coniston will focus on the small-cap MBO market, investing up to £7m into UK SMEs with profits greater than £500,000.
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Arbuthnot Commercial ABL-backed Flotronic Pumps achieved a successful sale to a US group a few months ago. Whitehouse Industries sold the specialist air-operated double diaphragm manufacturer to Unibloc Pump, a provider of sanitary flow control services.
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A major milestone has been reached on the proposed £45.8m performance venue being brought forward as part of the regeneration of Derby's Becketwell area.
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A residential development site previously occupied by an egg packaging factory and poultry farm has been acquired by Harron Homes.
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The construction of almost 100 homes has been proposed for agricultural land in Leicestershire.
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The Civil Engineering Contractors Association has named its new regional director for the Midlands.
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Law firm Browne Jacobson is piloting its first mentoring programme aimed at kickstarting the careers of aspiring black lawyers with the aim of improving diversity in the sector.
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PKF Smith Cooper has strengthened its Midlands corporate finance team with a senior appointment.
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HSBC UK has announced that it will close 69 of its branches as more people switch to mobile and online banking.
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Bentley Motors has posted a "record" financial performance in 2021, with profits and sales soaring despite what it described as a "continued backdrop of economic uncertainty".
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UHY Hacker Young has bolstered its Nottingham office with the recruitment of three graduates.
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