Finance

The LAST WORD: Shaun Bartle, managing director, Grantica

November 29, 2024
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The LAST WORD: Shaun Bartle, managing director, Grantica

Each week Bristol Business News gives a prominent member of the city’s business community the last word on its weekly e-bulletin. This week R&D tax consultancy Grantica managing director Shaun Bartle answers our 10 questions. What was the LAST  Film you watched? The Founder. A great film about the origins of the...

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US firm’s £338m bid for Bristol success story Loungers facing opposition from some shareholders

November 29, 2024
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US firm’s £338m bid for Bristol success story Loungers facing opposition from some shareholders

Two of the biggest shareholders in Bristol-based café/bar chain Loungers have said they will vote against the £338m bid for the group announced this week by a US private equity company. Fortress Investment Group’s all-cash offer has been accepted by Loungers’ board and a number of major investors in...

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Major Euro-wide biotech deal latest transaction in fast-growing sector completed by Shaw & Co

November 28, 2024
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Major Euro-wide biotech deal latest transaction in fast-growing sector completed by Shaw & Co

Bristol-based corporate finance advisory firm Shaw & Co has advised the shareholders of leading UK life science research supplier AMSBIO on its sale to Dutch group Europa Biosite. Headquartered in Abingdon, Oxfordshire, AMSBIO is a premier provider of life science products and services with expertise in biospecimens, stem cells...

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First chief customer officer taken on by ARAG as it looks to build on opportunities from DAS acquisition

November 26, 2024
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First chief customer officer taken on by ARAG as it looks to build on opportunities from DAS acquisition

ARAG, the specialist legal insurer with its UK head office in Bristol, has appointed Brynley Case to the new position of chief customer officer. Brynley, pictured, has joined from DAS UK, the Bristol-headquartered insurance group bought by ARAG in January.  He joined DAS in 2016 and served as the...

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Grant Thornton steps up its commitment to nurturing young talent with 25% increase in trainees

November 25, 2024
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Grant Thornton steps up its commitment to nurturing young talent with 25% increase in trainees

Accountancy group Grant Thornton UK has increased the trainee intake to its Bristol office by 25% this year as it looks to develop more multifaceted and inclusive teams. This year’s 27-strong cohort, pictured, includes two school leavers who have joined straight after taking their A levels.  Their arrival at...

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National investment firm launches £50m regional fund for ambitious South West businesses

November 22, 2024
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National investment firm launches £50m regional fund for ambitious South West businesses

A £50m fund to help the growth of small and medium-sized firms across the South West has been launched by investment group Foresight – with an office in Bristol due to open to support it. FTSE 250 listed Foresight already manages a number of regionally focused private equity and...

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Funding for integrated photonics firm aiming to trigger a ‘paradigm shift’ in rapidly developing sector

November 21, 2024
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Funding for integrated photonics firm aiming to trigger a ‘paradigm shift’ in rapidly developing sector

A Bristol tech firm at the cutting edge of the integrated photonics industry has raised £600,000 to launch a ‘game-changing’ platform aimed at accelerating product development in the fast-growing sector. Light Trace Photonics will use the capital injection from QantX Ventures, the regional investment firm that backs high impact...

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University-business partnership will aim to power West of England’s economic growth and devolution

November 20, 2024
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University-business partnership will aim to power West of England’s economic growth and devolution

Pioneering ways of meeting the West of England’s economic challenges while building on its strengths are to be explored by a new data and research project. The Brunel Centre, which will officially launch next year, will bring together businesses and universities with policymakers to support regional growth and industrial strategy.  It...

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Major accountancy sector award recognises Bishop Fleming’s commitment to client service

November 20, 2024
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Major accountancy sector award recognises Bishop Fleming’s commitment to client service

Regional audit, accountancy, tax and advisory firm Bishop Fleming, which has the largest of its eight offices in Bristol, believes winning a prestigious sector award for its client service shows how it is now engrained in the fabric of the business. The group, which has an ambition ‘to be the...

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Acquisition of innovative study tool handled by Evelyn Partners’ Bristol corporate finance team

November 19, 2024
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Acquisition of innovative study tool handled by Evelyn Partners’ Bristol corporate finance team

Corporate finance experts in the Bristol office of professional services group Evelyn Partners have worked on a key deal in the fast-developing UK edtech market. The team acted as lead advisor to the shareholders of the takeover or Scholarcy, a streamlined and user-friendly study tool that helps students and...

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Balloon Fiesta now on more solid financial ground after organisers take action over soaring costs

November 15, 2024
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Balloon Fiesta now on more solid financial ground after organisers take action over soaring costs

Bristol International Balloon Fiesta has cut its deficit after taking urgent steps this year to strengthen its financial stability. Since the pandemic the iconic free-to-attend event, now in its 46th year, has been operating at a loss, with 2023’s event losing £100,000.     However, thanks to the support from local...

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Start-up loan gives Trunki inventor’s new kids’ sleep aid product a dream start as sales surge

November 15, 2024
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Start-up loan gives Trunki inventor’s new kids’ sleep aid product a dream start as sales surge

Bristol serial entrepreneur Rob Law, best known for his Trunki ride-on kids’ suitcase, has launched his latest venture – a sleep training clock. Called Zeepy, it is aimed at children aged between two and six and uses melatonin-friendly lighting to help foster a more restful sleep.  To complement the...

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New funding for Neighbourly as it looks to build on its near-£1bn of impact investment in communities

November 15, 2024
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New funding for Neighbourly as it looks to build on its near-£1bn of impact investment in communities

Neighbourly, the pioneering Bristol-based community engagement platform, has secured funding to support its growth and accelerate its embedded AI capabilities. Launched in in 2014, Neighbourly helps businesses deliver employee volunteering programmes, provide financial support and donate surplus products to thousands of vetted local charities and good causes across the UK...

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