Just Energy Group Inc and Shell Energy Retail have announced that they signed an agreement for Shell Energy Retail to acquire 100% of Hudson Energy Supply. Hudson Energy supplies around 200,000 UK residential customers with gas and 100% renewable electricity through its residential trading arm, Green Star Energy, as well as providing bespoke gas and…

The merger between Charter Court Financial Services and OneSavings Bank has been completed. The deal unites the specialist mortgage brands of Kent Reliance and Precise Mortgages however both will continue to operate as separate brands. Charter Court, owner of Precise Mortgages, stakeholders will own 45% of the combined group whilst OneSavings Bank, owner of Kent…

The Competition and Markets Authority (CMA) has raised competition concerns over the merger of Bottomline and Experian Payments Gateway (EPG) Both companies provide payment software used by businesses every day to submit direct debits, run payroll and pay suppliers. This directly connects to the UK’s Bankers’ Automated Clearing Services (Bacs) scheme Bacstel-IP service and Faster…

Begbies Traynor Group has acquired Exeter-based advisory practice Regeneratus Consulting 1, the deal is Begbies Traynor’s third acquisition this year. In March, it acquired the Newcastle upon Tyne insolvency practice, KRE Corporate Recovery, and in June it bought up Dunion & Co, an insolvency firm in Stoke on Trent. Regeneratus, which was founded in 2016…

SSE has announced that it has entered into an agreement to sell its SSE Energy Services business to Ovo Energy at an enterprise value of £500 million comprising £400m cash and £100m in loan notes, Alistair Phillips-Davies, Chief Executive of SSE, said “We have long believed that a dedicated, focused and independent retailer will ultimately…

Sovereign Capital Partners, the private equity Buy & Build specialist, has announced that portfolio company Bristow & Sutor, the nationwide judicial services and debt recovery group, has acquired debt collection agency (DCA) Credit Style. Bristow & Sutor was acquired by Sovereign in a management buy-out of the business in June 2017. Established in 1977 and…

Midcounties Co-operative Energy (Co-op Energy) and Octopus Energy have announced a new partnership. The deal struck between Octopus and Co-op Energy will see the former acquire 300,000 more customers, with Co-op Energy retaining the brand. As part of the deal, the Co-op Energy brand will be retained and Octopus will take on ownership and responsibility…

Global technology company, Pitney Bowes, a provider of solutions for e-commerce, shipping, mailing, data, and financial services, has announced that it has entered into a definitive agreement to sell its software solutions business to Syncsort for $700 million in cash. The transaction is expected to close before the end of the calendar year, pending regulatory…

Non Standard Finance (NSF) posted a pre-tax loss of £22.8 million in the six months to the end of June. The decline was driven by a £12.7m charge related to its attempt to buy rival subprime lender Provident Financial. Profits were down 790% compared to the previous year, reported pre-tax losses dropped from the £2.5…

Wilkin Chapman Solicitors has completed the take-over of Silke and Co., a Doncaster-based business solutions company. In acquiring Silke & Co., Wilkin Chapman solicitors will be expanding its work in the area of recoveries – a team headed up by Partner Chris Grocock. The new Doncaster branch will be known as Wilkin Chapman Business Solutions…

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