North East advisers lead buy-out from global luxury lifestyle group
A business woman hailing from the North East has completed the management buy-out of the real estate arm of Quintessentially, the high profile luxury concierge company. Penny Mosgrove, a former pupil of Central Newcastle High School, has led the successful
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North East entrepreneur adds to nursery chain with latest acquisition
Andrea Townsley’s award-winning nursery group is the new owner of Little Ladybirds Day Nursery in Preston Farm. The nursery was acquired from previous owner Lesley Thompson for an undisclosed sum. The 110-place nursery opened in 2003 and in 2017 it
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Tech start-up secures six-figure investment for app roll-out
Equiwatt’s app enables users to turn off appliances simultaneously as a community, leading to reductions in collective demand and creating energy efficiency, with the business having received £300,000 through a funding round involving the Mercia-managed North East Venture Fund and
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Corporate insurance broker secures seven-figure refinance deal
A Gateshead-based corporate insurance broker has secured a seven-figure refinance deal. Todd & Cue specialises in the placement of insurance programmes for a wide spectrum of clients, including public companies, recognised professional practices, financial institutions, private companies, partnerships and sole
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Sports tech firm eyes further growth with six-figure investment
A North Tyneside-based sports tech firm is eyeing further growth after securing a six-figure investment. Okkulo has created a system using vision and light science to help improve reaction times in athletes of all levels, with the business having secured
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Ocean Coatings secures fresh investment ahead of expansion
Darlington-based Ocean Coatings is preparing for growth after securing a ‘transformational’ investment from an angel investor. The company, which was founded in 2015 by product development specialist Keith McGregor, was supported by the team at Leathers Corporate Finance with legal
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Energy utility management firm snapped up by PE-back group
A County Durham-based energy utility management and switching services provider has been acquired by private equity-backed Make it Cheaper (MIC). Smart Utility Management uses a team of field-based sales consultants to generate leads through face-to-face meetings, and enjoys a strong
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