Electric Business

A brief summary of business news to keep you informed on company start-ups, corporate downsizing and mergers and acquisitions.

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Assura acquires GPI

The specialist healthcare property partner Assura has strengthened its development capabilities with the £92m acquisition of the primary care developer GPI.

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Peel Ports Group acquires Quality Freight

Peel Ports Group has increased the range of logistics services it offers with the acquisition of Quality Freight.

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LondonMetric buys property group Mucklow

The property investment and development company LondonMetric has bought the property group Mucklow. The £415m deal strengthens LondonMetric’s urban logistics portfolio.

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Away Resorts sold by LDC to Bregal Freshstream

The holiday park operator Away Resorts has been sold by LDC to the investment company Bregal Freshstream. Away Resorts, which operates six resorts across the UK, is to invest £25m across its portfolio following completion of the acquisition.

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Paragon Group makes triple acquisition

Paragon Group has made a triple acquisition as it aims to strengthen its digital communications and identification capabilities in the UK, Europe and the USA. Paragon has bought Celerity Information Services (a customer communications specialist), ORM (a digital partner which specialises in digital strategy, technology platforms, data, customer experience, design, brand and marketing communications) and Graft Services (a marketing concierge service).

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Building consultancy WYG to be taken over by Tetra Tech

The building consultancy WYG has agreed to be taken over by the American company Tetra Tech. The £43.4m deal enables Tetra Tech, a global consulting and engineering company, to expand into the UK and European markets.

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London and Capital UK bought by Foster Denovo

London and Capital UK’s wealth business has been bought by national advice firm Foster Denovo.

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Assura acquires GPI for £92m

The specialist healthcare property partner Assura has strengthened its development capabilities with the £92m acquisition of the primary care developer GPI.

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Peel Ports Group acquires Quality Freight

Peel Ports Group has increased the range of logistics services it offers with the acquisition of Quality Freight.

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EG Group acquires GB3

Petrol station and forecourt operator EG Group has moved to strengthen its technology systems with the acquisition of GB3, an IT services provider based in Preston. GB3’s founder and CEO, Graham Billsborough, will join EG Group as chief information officer following completion of the deal.

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