DWF to float on London Stock Exchange - Autonomous Group

DWF to float on London Stock Exchange


Law firm DWF have confirmed their intention to float on the London Stock Exchange. This will see DWF become the largest law firm on the LSE. They hope to raise proceeds of around £75m with the move. They have already submitted a registration document to the Financial Conduct Authority. The firm will now undergo a […]

Stagecoach to move ahead with electric bus investment


Stagecoach have won the backing of the Department for Transport in their aim to invest in electric buses. As a result of the extra funding, the drive is one of the largest in Europe. It will see Stagecoach invest £9.6m, while the DfT will invest a further £6.9m. Read more about this story: Insider Media […]

IESA Ltd see profits soar


Warrington-based procurement services provider, IESA Ltd, has seen its profits soar. Turnover for year ending March 2018 was £20.9 compared to £17.6m the year before. As a result, pre-tax profits increased from £2.7m to £4.1m. The company are based at Birchwood Science park. They were founded in 2002 and provide value-added services across a range […]

Atlas Leisure Homes acquired in MBO


A management buyout sees holiday home manufacturer Atlas Leisure Homes acquired by new leadership. The business will continue to trade under the same name with the new team at the helm. As a result of this sale, the old owners, who have built the business for over 30 years, will leave. Atlas have head offices […]

AJ Bell valued at over £1bn


Manchester-based investment firm AJ Bell has hit the £1bn value mark for the first time. The company floated on the stock market at the tail end of last year, and was valued at £650m. Since then, AJ Bell has added over 7,000 extra customers, and at close of play on Tuesday was valued at 285p […]

db Symmetry acquired in £370m deal


Tritax has agreed a deal worth £370m to acquire an 87% stake in logistics development company db Symmetry. The large land portfolio for the development of big box assets comes from over 20 years in the business. As a result of the agreement, senior management at db Symmetry retain a 13% stake. Tritax proposes raising […]

Sage to sell subsidiary for £78m


The sale of Sage Payroll Solutions, the US-based payroll outsourcing subsidiary of enterprise software juggernaut Sage, to iSolved, has been agreed for £78m. The HR software specialist falls in the portfolio of private equity company Accel-KKR. They have agreed a £73m cash payment for SPR as well as £5m for contingent consideration. As a result […]

HSS Hire sells UK Platforms for £60.5m

Nationwide Platforms, a subsidiary of the Loxam group, has completed the purchase of UK platforms from national tool hire business HSS Hire. The transaction has been lined up for completion after its agreement in July of last year. As a result of this sale, HSS Hire will use the proceeds for debt reduction. It will […]

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