Sopra Banking Software acquires risk software company

1st October 2021 Company News |

Banking and specialised financing software specialist company, Sopra Banking Software has announced that it has acquired Dublin-based Luminosity. Sopra Banking Software has acquired 100% of the share capital of Luminosity’s digital inventory auditing and ‘self-audit’ solution SOAR supports a broad range of lender and leasing organisations in the risk management of assets subject to finance. …

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LexisNexis Risk Solutions acquires TruNarrative

26th August 2021 Company News |

LexisNexis Risk Solutions UK, part of RELX, has announced that it has acquired TruNarrative. Founded in 2016 and headquartered in Leeds, UK, TruNarrative enables organisations to manage the entire financial crime lifecycle within a single, unified platform that allows for simplified and automated onboarding, a dynamic risk score and transaction monitoring. The platform allows for no-code…

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Starling Bank acquires Fleet Mortgages

27th July 2021 Company News |

Starling Bank has agreed to a £50 million deal to acquire for buy-to-let mortgage group Fleet Mortgages. The deal is the first acquisition by the Goldman Sachs-backed start-up that is targeting an initial public offering within two years. Fleet Mortgages, based in Hampshire, focuses on providing mortgages to professional and semi-professional buy-to-let landlords, only via…

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Moon Beever and Wedlake Bell to merge

21st June 2021 Business |

Insolvency and debt recovery specialist Moon Beever has announced that the firm has agreed to merge with Wedlake Bell effect from 12th July. Wedlake Bell is a top 100 City law firm with core strengths across Private Client, Real Estate, Business Services and Dispute Resolution. The firm has 60 Partners operating from its central City…

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Aspect Software and Noble Systems merge

14th June 2021 Company News |

Aspect Software and Noble Systems have merged to create a new company identity. The merger will create a new company brand, Alvaria, that will aim to deliver optimised customer experience and workforce engagement software and cloud services technology solutions. The newly combined company will be led by Patrick Dennis, Aspect President and CEO. Dennis said…

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Pennon Group acquires Bristol Water for £425m

7th June 2021 Consumer Collections |

South West Water owner, Pennon Group has announced that it has acquired Bristol Water for £425 million. The acquisition means that the Pennon Group will add around 1.2 million customers to its portfolio. Commenting on the Acquisition, Susan Davy, Group Chief Executive said ‘The acquisition of Bristol Water brings great people and a great business…

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Virgin and O2 merger approval given by the CMA

20th May 2021 Consumer Collections |

Virgin Media and O2 have been given the green light for their £31 billion merger to go-ahead by the Competition and Markets Authority (CMA). The deal sees two of the UK’s biggest telecoms giant join forces, affecting around 40 million households. It will also see all 14,000 Virgin Media employees and 6,700 O2 staff in…

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Harrison Clark Rickerbys and Hewitsons set to merge

13th May 2021 Business |

Law firm Harrison Clark Rickerbys (HCR) is in ‘advanced stages’ of merger talks with Hewitsons. The merger is expected to complete by the end of May, resulting in a firm of approximately 780 people and £65m turnover. The combined Cambridge teams will move into new premises while the Hewitsons London team will move into HCR’s…

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Paylink, PayPlan, Openwrks and Tully announce merger plan

11th May 2021 Arrears and Recoveries |

Paylink Solutions has announced it is one of four companies, alongside PayPlan, OpenWrks and Tully, that intend to merge the debt advice and finTech sector specialists. The company says that the merger will deliver tech-enabled debt advice, financial wellbeing and credit solutions group that can deliver transformative support to customers and clients across the UK.…

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Knights to acquire Keebles in £12m deal

5th May 2021 Business |

Legal and professional services business, Knights has announced that it has agreed to acquire independent commercial law firm Keebles. Established in Sheffield over a century ago, Keebles is a full-service independent law firm with a strong corporate and real estate offering. The acquisition sees 138 fee earners joining Knights, providing entry into Sheffield and complementing…

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CMA provisionally clears Virgin and O2 merger

15th April 2021 Consumer Collections |

The  Competition and Markets Authority (CMA )has provisionally cleared the proposed merger of Virgin Media and Virgin Mobile with O2. The CMA said that both Virgin and O2 provide certain wholesale services to other mobile network operators in the UK, as well as retail services to consumers. IT was clear at the outset of its…

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Azets acquires restructuring and insolvency service business

13th April 2021 Business |

Business advisory group Azets has announced that it has acquired Moore South’s Restructuring and Insolvency practice Moore South’s R&I team, headed up by Duncan Swift and Chris Tate, consists of licenced insolvency practitioners and restructuring specialists covering Southern England from Azets’ Southampton office as well as its offices in Bournemouth, Fareham, Havant, Portsmouth, Romsey and…

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IDS acquires White Clarke Group

9th April 2021 Company News |

Secured finance technology specialists IDS, has announced that it will acquire automotive and equipment finance specialist White Clarke Group. The merger of the two companies will combine to create a multi-asset class secured finance technology powerhouse supporting banks, independents, OEM captives and specialty finance firms globally. Together, the combined company will serve more than 300…

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