Cogent acquires NC Creative Group

Integrated marketing agency Cogent has acquired Solihull-based communications firm NC Creative Group. The deal bolsters Cogent’s B2B offering, and boosts its headcount to 100 staff. Cogent reported turnover of €19.1m for the 2017 calendar year.

Drupal specialist Ixis acquires LiberoNet

Web development firm Ixis has announced the acquisition of LiberoNet. The deal builds on Ixis’s expertise in Drupal to include other open source platforms such as WordPress, Shopware and Magento. The deal will see LiberoNet’s team of four relocate from their Birchwood office to Ixis’s HQ in Warrington.

MBO completed at Ibbotsons Produce

A management buyout has been completed at Ibbotsons Produce, a Tadcaster-based food production business, with backing from HSBC. Ibbotsons increased turnover by 53% to £28.8m in the last financial year.

West Midland Safari Park bought by The Looping Group

West Midland Safari Park has been bought by French amusement park operator The Looping Group. In 2017, WMSP reported turnover of £14.7m and just under 500 staff. The Looping Group consists of 15 regional parks in France, Germany, the Netherlands, Portugal, Spain, Switzerland and the UK.

R&G Acquisitions purchases Hyphose

R&G Acquisitions, the owner of several industrial, hydraulic and pneumatic product providers, has acquired fluid power specialist Hyphose. Hyphose reported turnover of £5m in 2018 with a loss of £175,000.

Elevate agrees deal to take over Halebury

US legal services company Elevate has sealed a deal for Halebury, a flexible resourcing specialist, to complement its talent arm Elevated Lawyers. Elevate provides technology, people, data science and consulting tools to the legal sector, acting as a strategic partner to law firms and in-house teams.

Vertu Motors acquires Vans Direct for £7.5m

Auto dealer Vertu Motors has acquired Vans Direct for £7.5m. Founded in 1999, the online retailer is based in Newport and employs 42 staff.

Inprova Group bought by CEO Paul Kennedy

Inprova Group, a Warrington-based provider of procurement solutions, has been bought by its chief executive Paul Kennedy. Following the buyout, Inprova has secured a £4m loan from the Barclays Northern Powerhouse Fund.

Waterland Private Equity acquires childcare services provider Sandcastle Care

Waterland Private Equity has acquired Sandcastle Care, a childcare services provider in North West England. Sandcastle offers long-term therapeutic care across 18 sites and has been operating small care homes since 2004.

Smith & Nephew agrees deal to take over Ceterix Orthopaedics

Hull-headquartered medtech company Smith & Nephew has agreed to take over US firm Ceterix Orthopaedics. Ceterix is the developer of the “Novostitch Pro” Meniscal Repair System, which addresses more complex meniscal tear patterns than Smith & Nephew’s existing products can address. Smith & Nephew has agreed to pay an initial $50m for the firm, with another $55m available over the next five years subject to meeting financial performance targets.