Done deals:

 

• RPS Group plc has bought OIL for £6.5 million cash, in order to increase its consultancy services to the oil and gas sector

• Smiths News plc, a newspaper and magazine wholesaler, has bought retail management consultancy Rascal Solutions for £3 million cash

• Cardif Pinnacle has increased its protection insurance offering with the purchase of Direct Life & Pension Services
  (Source: Insurance Times)

• Portrait Software plc has bought Norway-based Million Handshakes for an initial £2.3 million in a bid to increase its marketing software offering

Deals in the pipeline:

 

• Turnaround investment fund Agilo is looking to buy part of nightclub chain CanDu, which is set to go into administration
  (Source: morningadvertiser.co.uk)

• Network Group plc is set to buy a majority stake of fellow recruitment firm Pertemps People Development Group for £17.9 million

• Dublin-based building materials group CRH plc has agreed to acquire 50 per cent of My Home Industries of India, for €290 million (£226.4 million)