Done deals:

 

• Cloud Electronics has undergone a management buy-out led by managing director Simon Curtis. Royal Bank of Scotland provided senior debt and mezzanine funding
  (Source: Yorkshire Post)

• Dublin-based building products group CRH plc has acquired Ancon Building Products in Sheffield from its US parent, Tyco International, for £88 million

• Computer parts supplier ServiceSource Europe has been bought by its management from its Singapore-based owner Flextronics. Royal Bank of Scotland backed the deal
  (Source: Manchester Evening News)

• Building products supplier Everwhite has been taken over by is management for £1.6 million, led by managing director Paul Jayne
  (Source: icwales)

• Discount clothing chain Ethel Austin has been placed into administration through Menzies Corporate Restructuring
  (Source: The Business Desk)

• Oil drilling business Reservoir Group yesterday has purchased Aberdeen-based Omega Data Services amid soaring oil prices and a wave of consolidation in the oil services sector Omega specialises in the design and manufacture of memory tools and gauges for pressure and temperature surveys

Deals in the pipeline:

 

• Cavendish Bars is to buy five companies comprising 26 outlets from rival bar and nightclub owner Luminar Group Holdings plc for £1 each

• Office support services provider Office2office has agreed to buy printing technology company TripleArc for some £12.4 million
  (Source: City AM)

• Weapons dealer BAE Systems is set to buy South African firm IST Dynamics, in a bid to increasing its product range
  (Source: Acquisitions Monthly)