Finance

Firm launched by ‘pension software geeks’ sells majority stake to arm of BT’s pension fund

December 20, 2019
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Firm launched by ‘pension software geeks’ sells majority stake to arm of BT’s pension fund

A majority stake in Bristol-based pensions software firm Procentia has been acquired by the executive arm of the UK’s largest private sector pension schemes. Procentia was launched in 2002 by a group of self-confessed pension software geeks and has grown into a major player in the fast-growing specialist financial...

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Paradigm Norton teams up with UWE to launch academy to train firm’s next leaders

December 20, 2019
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Paradigm Norton teams up with UWE to launch academy to train firm’s next leaders

Bristol financial planning firm Paradigm Norton has launched an academy in partnership with UWE to invest in its next generation of leaders Participants from the firm will study modules in self-leadership, personal vision, succession, sustainability and legacy and conflict and confrontation.  With a maximum of eight Paradigm Norton employees...

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Pioneering contactless donation system taps into Bristol businesses’ concern for city’s homeless

December 20, 2019
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Pioneering contactless donation system taps into Bristol businesses’ concern for city’s homeless

Dozens of Bristol businesses are backing the UK’s first contactless donation system that supports homeless people, making it the country’s fastest-growing project of its kind. TAP for Bristol now has 20 donation points around the city centre raising £150 a day. The money raised goes towards homelessness prevention services as...

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Smith & Williamson’s Bristol corporate finance team toast North West brewery deal

December 19, 2019
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Smith & Williamson’s Bristol corporate finance team toast North West brewery deal

One of the UK’s oldest family-run regional breweries called on Bristol-based corporate finance experts to help it with its latest acquisition – despite being based 135 miles away. Stockport-based Robinsons, a 181-year-old, sixth-generation family business, turned to the Bristol corporate finance team of national accountancy group Smith & Williamson to work on...

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Burges Salmon and TLT help power-up £25m debt provision for battery storage firm

December 13, 2019
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Burges Salmon and TLT help power-up £25m debt provision for battery storage firm

Bristol-headquartered law firms TLT and Burges Salmon have acted on a multi-million pound debt funding for a London-based battery storage firm. Burges Salmon’s energy team advised Zenobē Energy on the £25m limited recourse debt from Santander UK, while TLT advised the bank, a long-standing client.  Zenobē Energy is one...

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Experts shed light on strategic growth plans at In-house Lawyer and Bristol Business News event

December 13, 2019
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Experts shed light on strategic growth plans at In-house Lawyer and Bristol Business News event

The importance of having a strategic plan for business growth was underpinned at an event hosted by Bristol-based law firm Gregg Latchams’ In-house Lawyer service (IHL) and Bristol Business News. Called ‘Growing your business on solid foundations’, the seminar was aimed at helping the owners of start-up and scale-up...

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General Election reaction: Business groups look foward to period of stability

December 13, 2019
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General Election reaction: Business groups look foward to period of stability

Business organisations have welcomed the stability that the resounding Conservative General Election victory will bring – but question marks remain over the kind of Brexit deal a Boris Johnson-led government will strike. Business West, the South West’s largest business group which runs Bristol Chamber of Commerce and the Bristol...

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Sale of East European IT developer handled by Smith & Williamson

December 13, 2019
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Sale of East European IT developer handled by Smith & Williamson

The Bristol-based corporate finance team at accountancy group Smith & Williamson has advised a Bulgarian IT software development services business on its disposal. TechHuddle, one of the fastest-growing IT companies in Bulgaria, helps businesses offshore and outsource their IT and provides software development services with a focus on intellectual...

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£11m investment helps build Bristol construction equipment group into international brand

December 11, 2019
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£11m investment helps build Bristol construction equipment group into international brand

Another growth phase is on the cards at Bristol-based Molson Group, the UK’s largest independent distributor of capital equipment to the construction and waste management sectors, after it secured a further £11m investment. In a deal put together in Bristol by city-based advisers, Molson received the funding from the...

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Prestigious British Chambers Award for Business West’s Trading Through Brexit campaign

December 4, 2019
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Prestigious British Chambers Award for Business West’s Trading Through Brexit campaign

A pioneering campaign to help firms in the South West prepare for life outside the European Union has earned a major national award for Business West, the region’s biggest business support organisation. Recognising that Brexit represents the single most radical transformation in the way that British businesses trade for...

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Focus on staff wellbeing earns Bishop Fleming brace of Chambers of Commerce Awards

December 2, 2019
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Focus on staff wellbeing earns Bishop Fleming brace of Chambers of Commerce Awards

Regional accountancy firm Bishop Fleming, which has its largest office in Bristol, has been named Business of the Year at the prestigious British Chambers of Commerce Awards. As well as the flagship accolade, Bishop Fleming made it a double on the night by also winning the national Workplace Wellbeing...

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£1.1m funding for Bristol biotech firm aiming to ‘supercharge’ cells to battle cancer

November 29, 2019
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£1.1m funding for Bristol biotech firm aiming to ‘supercharge’ cells to battle cancer

University of Bristol biotech spin-out CytoSeek has raised £1.1m to help develop new cell therapies to treat cancer. The firm, based at Bristol’s Unit DX science incubator, has created cell membrane augmentation technology that could lead to new ways of tackling cancer.  The process involves modifying a patient’s own...

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Trio of new occupiers give vote of confidence to transformed city centre office building

November 28, 2019
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Trio of new occupiers give vote of confidence to transformed city centre office building

A refurbished city centre office building is almost full after attracting three new occupiers in the past two months. Vintry Building, a 30,000 sq ft 1950s art deco building on Wine Street, was transformed three years ago with a new reception area, new cycle stores and showers as well...

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