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September 2016

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The future has already arrived for utilities companies - it’s just not evenly distributed yet

12th September 2016
 How can utilities better understand the future impact of weather on both power demand and supply, manage a multiplicity of distributed generation sources, take the steps toward a distributed generation model with minimum pain and disruption, plan the availability of fuel, and deal with associated price swings? The answer may well lie in more technology. […]
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Bank on us – boosting customer confidence with AI

12th September 2016
By James Parry, Technical Director, Auriga Virtual Assistants are revolutionising the consumer experience as a point of contact for routine enquiries. We’ve seen chatbots in retail environments for some time, Siri and Cortana on our mobiles and now physical robots such as Nao and Pepper, both developed by Aldebaran Robotics, are helping consumers in person […]
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The silver linings of accountancy - Benefits of cloud based accountancy software for SME owners

9th September 2016
The accountancy dread, something that all business owners have experienced. It’s five minutes to midnight the night before you are due to meet with your accountant and you are reluctantly sifting through piles of papers trying to figure out your finances. For SME and start-up business owners in particular, ensuring that you are on top […]
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Record rise in UK Services PMI

5th September 2016
UK Services PMI has risen by the 5.5 points to 52.9, the biggest ever jump in the survey’s 20 year history. The rise is a sharp bounce back from the 47.4 reading taken in July in the immediate aftermath of the EU referendum. The pound jumped almost a cent against the dollar on the back […]
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Mobeus has invested £3.7m in Redline Assured Security

2nd September 2016
Mobeus has invested £3.7m to support Redline Assured Security Ltd (“Redline”), a world leader in the provision of security training, quality assurance and consulting, primarily to the aviation sector. The funding will be used to accelerate the roll out of Redline’s products and services in a number of new international markets. Andrew Lock and Craig […]
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The South Crofty tin mine has been bought by Canadian company Strongbow Exploration

2nd September 2016
Canadian-listed Strongbow Exploration Inc. completed the acquisition of the South Crofty tin project in Cornwall, UK, on 11 July. It has now agreed a deal with the administrator managing the affairs of the two companies (Western United Mines Ltd and Cornish Minerals Limited) that had previously owned it. In March it had announced agreements with […]
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Axactor acquires CS Union and Enters into a Strategic Partnership with Banca Sistema

2nd September 2016
Axactor AB (publ.) (Axactor) recently acquired CS Union in Italy. CS Union is a leading independent debt purchase/debt collection company with 1 billion Euros under management. Banca Sistema will continue as a 10% shareholder of the new entity and will provide attractive financing as part of the strategic partnership. The partnership also includes board representation […]
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Reliance Industries and State Bank of India to set up a Payments Bank

2nd September 2016
Reliance Industries Ltd (RIL) and State Bank of India (SBI), India’s largest lender, have signed a shareholders’ agreement for setting up a payments bank. RIL confirmed in a statement saying: ‘The subscription and shareholders’ agreement was signed by RIL as the promoter with a 70% equity contribution and SBI as joint venture partner with a […]
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Progroup AG corporate-bond financed acquisition of Propower GmbH from EnBW

2nd September 2016
Progroup AG, headquartered in Landau, Germany, has acquired the combined heat and power plant located in Eisenhüttenstadt, Germany, from German utility company EnBW Energie Baden-Württemberg AG. The combined heat and power plant supplies steam to Progroup’s nearby paper machine. The parties signed a sale and purchase agreement on December 2, 2015. The acquisition is effective […]
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Interway receives €3m of funding from BNP Paribas and BPI

2nd September 2016
French IT services provider Interway has received €3m of funding from BNP Paribas Développement and BPI France. It is the first time the company is supported externally, following its high growth in 2015 with turnover up by 49%. The round was led by BNP Paribas, followed by BPI. Patrick Benoit, President and Founder of Interway […]
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Carlyle Group has acquired a minority stake in German clinic chain Schön

2nd September 2016
The Carlyle Group LP agreed to acquire a minority stake in Schön Klinik SE on June 29, 2016. The transaction is subject to the approval of antitrust authorities. Wolfgang Richter, Alexander Fürwentsches and Caroline Herzog from Baker Tilly Roelfs acted as tax advisors for Schön Klinik and its shareholders. Martin Kühner, Michael Hinderer, Georg Schultze, […]
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Deal of the Month – MyBucks

2nd September 2016
See who is the first African-focused FinTech company to be listed on the Frankfurt Stock Exchange
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