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US firm bags Innovaro
for £1.9m

Done deals:
 

  • Florida-based business innovation consultant UTEK Corporation has bought Innovaro for £1.9 million in order to expand its geographical reach
  • Interior building and maintenance firm Munro Building Services has added to its mechanical and electrical offering with the purchase of Mid Essex Electrical Engineers
  • Bond International Software, a provider of staffing software to recruitment agencies, has acquired Team Spirit Software and Headcount Services in order to increase its offering
  • Business consultant Marketing Management Services International has bought beer and ale supplier Arran Brewery out of administration
  • HIG Capital, a US private equity firm, has bought Tomkins plc’s US fuel and vapour emission system manufacturing arm Stant Corporation

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