Cheshire-headquartered pub restaurant group New World Trading Company (NWTC) has been taken over in a a £50m deal with mid-market private equity firm Graphite Capital.
British holiday park operator Parkdean Resorts has experienced a sales sizzle, which follows on from a £25m investment commitment to modernise and enhance the luxury of its sites, introducing hot tubs and more to make trips more glamorous for travellers.
Car parking app JustPark previously set the largest investment deal on equity crowdfunding platform Crowdcube with a £3.5m investment, but it’s been dethroned as digital banking service goHenry has set a new record.
After 160 companies pitched to judges during Virgin Media Business’ 29-hour pitchathon, which set a new Guinness World Record, 40 companies have come out on the other side to reach the semi-finals – inching one step closer to the £1m prize bundle and an audience with Richard Branson.
London-based Hibob, an SME-centric HR platform, has secured a $7.5m seed investment led by Silicon Valley venture capital firm Bessemer Venture Partners.
Former Chelsea first team doctor Eva Carneiro has rejected a £1.2m pay-off from the club – and is set to bring legal action against Jose Mourinho for alleged discrimination.
Virgin Trains has seemingly taken inspiration from Netflix with the launch of BEAM, a free on-board entertainment platform designed to deliver luxury and convenience with some 200 hours of content for passengers, including Captain America: The Winter Soldier, House of Cards, Top Gear and Frozen.
A 29-hour pitching marathon organised by Virgin Media Business as part of its £1m business challenge VOOM has been successfully completed, which has resulted in the company securing a Guinness World Record for the longest business pitch marathon.
Friday has landed, so we’ve got our weekly rundown of the ten most-read stories, which include details on how a worker was sent home from the office for not donning a set of high heels, as well as concern over the education system and a profile on the architect working with royalty.
Jeremy Corbyn has recently joined a range of European politicians in doubting the Transatlantic Trade and Investment Partnership (TTIP) – and has vowed to put a stop to it.
Tech startup Seatfrog has secured a AU$1.2m seed round to support the launch of a new live bidding platform, which will allow travellers to compete for last-minute flight upgrades ahead of takeoff – ideal for those with a love of business class.
Uber has launched a business pitching opportunity dubbed UberPITCH across three UK cities, which will provide entrepreneurs the opportunity to win over investors with their idea during a car ride, while the most popular will get to meet the on-demand car service’s founder Travis Kalanick in Germany.