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Deal Round-up (12.03.08)

In today’s headlines, Verve has bought two rival car dealerships and caravan and leisure retailer Discover Leisure plc has bought a motor home dealership for £2.66 million.

Done deals:

Spain-based Aspro has bought Oakwood, increasing the number of its leisure parks under management (Source: icwales.icnetwork.co.uk)

Verve has bought two rival car dealers, Bickets and Motorway Cars for an undisclosed, six-figure sum (Source: The Herald)

Discover Leisure plc, a caravan and leisure retailer, has bought a motor home dealership from Brownhills Group for £2.66 million

REM Probe, the software company specialising in energy and environmental monitoring, has raised £1 million from Partnership Investment Finance and Yorkshire and Humber Equity Fund, managed by YFM Venture Finance

Private equity firm Quilvest has bought casual dining chain Yo! Sushi and its existing management team, led by chief executive Robin Rowland in a deal worth some £50 million (Source: caterersearch.com)

Deals in the pipeline:

D1 Oils founder Karl Watkin is reported to be considering a takeover bid for the biodiesel firm (Source: nebusiness.co.uk)

Click here for more Venture Capital, AIM and PLUS deals.

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