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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What’s your plan?
Founding partners Abu Ali and Phil Williams provide a unique brand of commercial, intelligent advice to business owners and entrepreneurs across the North East and further afield. Their tailored service helps businesses and shareholders take control of their key transformational
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Buyout sees launch of Williams Ali Corporate Finance
A Newcastle-based corporate finance specialist has announced a buyout deal, which takes the business into its next phase of growth after a successful first year. Founding partners Abu Ali and Phil Williams have exercised an option to complete the buy-out
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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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