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West Midlands
Insider News
Monday 17 January 2022

LATEST NEWS

 

TOP STORY

Revenue and pre-tax profits grew at a Sutton Coldfield-based garden products manufacturer during its latest financial year, new documents have revealed.
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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

Worcestershire-headquartered historic carpets maker Victoria has secured a £150m funding boost from the completion of a private equity deal.
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Spinnaker Acquisitions, which has conditionally agreed to purchase HomeServe Labs Ltd by way of a reverse takeover, has confirmed its intention to float on the London Stock Exchange.
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A Midlands law firm has completed work on its first transatlantic listing for a major client.
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A specialist care provider which employs more than 10,000 staff across the UK has been acquired by global infrastructure investment manager Wren House.
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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

Plans for the development of almost 500 homes on agricultural land in Rugby have moved forward.
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City of Wolverhampton Council is set to invest more than £118m in new homes over the next five years.
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Funding of £700,000 is set to support the redevelopment of a brownfield site in Stoke-on-Trent to provide more than 100 homes.
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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

Priorities for the £1.3bn investment into the region's transport network have been agreed by the West Midlands Combined Authority (WMCA) board.
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Transport for West Midlands (TfWM) has strengthened its senior team with the appointment of an executive director.
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Haines Watts has launched a recruitment drive in response to growing demand across its five offices in the West Midlands.
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AIM-listed flooring distribution company Likewise Group has made senior appointments to support its growth following the acquisition of Valley Wholesale Carpets.
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Confidence among businesses in Coventry and Warwickshire stumbled at the end of 2021, according to a new survey.
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MANUFACTURING

Jobs have been lost after the appointment of administrators at a precision engineering business based in Brierley Hill.
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OTHER NEWS

 

MEMBER NEWS

 

Property management company MetroPM has been appointed to look after a grade II-listed residential building in Birmingham.
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Coventry-headquartered electric vehicle manufacturer LEVC has expanded with the appointment of its first French dealership.
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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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