Other works include changes to the listed Little Lea Cottage, the Dot and landscaping works. The Dot, a building historically been used as the main canteen for the office workers but will be transformed into offices and a multi-purpose space which could be used as a yoga or pilates studio, a ‘town hall space’ for tenants or a community room. The canteen will be moved into the main building. Other plans included replacing the current gym at the main building with a new larger gym. Little Lea Cottage, a 17th century Grade II listed building will be “sensitively repaired and refurbished” under the plans to “bring it into sustainable and beneficial use”, which could include a standalone office or a flexible space for visitors such as physios.
Bruce Leon
Illinois’ largest human-resources outsourcing firm, Tandem HR, has sold to a Chicago-based private-equity firm that wants to build the Midwest’s biggest player in the growing field.
Shore Capital Partners acquisition values Tandem at more than $60 million. Shore is pumping more than $30 million of equity into the company, making it a platform to tack on privately held firms in other Midwestern markets. Founder and CEO Bruce Leon, 59, who owned 100 percent of Tandem, is staying on and will play an important role in striking deals with smaller firms.
Already, Shore has acquired professional employer organizations (PEOs) in Detroit and St. Louis.
13 January, 2021 SHARE The transaction, which was completed on 31 December 2020, is the second acquisition by the CMOStores group, following the acquisition of DoorWeb in 2018.
Disruptive online construction and home improvement products retailer CMOStores.com has completed the acquisition of online tile retailer Total Tiles for an undisclosed sum.
The transaction, which was completed on 31 December 2020, is the second acquisition by the CMOStores group, following the acquisition of DoorWeb in 2018.
CMO intends to continue its acquisition strategy to expand the group in the coming years, supported by private equity house Key Capital Partners who advised on the transaction.
CMOStores.com has experienced a sustained period of growth since it secured investment of £8.65 million from KCP in 2017. The business now offers consumers over 75,000 building products at competitive prices and supported by a market lea
On the face of it, Britain’s venture capital firms have never been more ready to invest in your start-up. British venture capital funds have £8.4bn ready for investment in fast-growth businesses, according to research. Indeed, British tech start-ups raised more than £4bn between January and June, despite the shutdown of the economy, according to the government.
This venture capital cash could provide crucial investment for innovative companies as the country emerges from the Covid-19 crisis.
However, the reality is that many venture capital investors are playing it cautious, wanting to invest in later, safer funding rounds for companies with proven revenue. Two fifths of start-ups believe they have less than 12 months’ worth of runway left before they run out of money. Over 1,000 of the UK’s high-growth tech start-ups have gone bust since lockdown began. Which is why follow-on funding rounds are crucial.
U.S. Fintech Boast.ai Secures $23 Million Though Series A Funding Round Led By Radian Capital
December 10, 2020 @ 3:33 pm By Samantha Hurst
Boast.ai, a U.S.-based software innovator whose flagship product automates the complex process of claiming R&D tax credits in the US and Canada, announced on Thursday it secured $23 million through its Series A funding round, which was led by Radian Capital.
Founded in 2011, Boast.ai revealed it is building the future of tax credit management and recovery with artificial intelligence to help companies get larger returns faster without the manual work and audit risk.
“Each year the US and Canadian governments give out billions of dollars in R&D tax credits through a very manual and broken process. At Boast.AI, we are building the future of tax credit recovery with artificial intelligence so you can get larger returns without the grunt work and audit risk.”