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Posts Tagged ‘Bank of Ireland’

Published 6th Oct 2011, 18:25

Engine Group loses £1.5m as borrowings surge to £55m

The Engine Group’s expansionist zeal had run up net borrowings of £55 million by 31 December 2010 while generating a loss of nearly £1.5 million for the year. Much of the loss was caused... Read more
Published 5th Jul 2011, 12:12

Engine reengineers its debt structure again

The Engine Group has entered into new borrowing arrangements with the Bank of Ireland and others providing a maximum facility of £50 million. The new arrangements were agreed towards the end of... Read more
Published 20th May 2011, 09:44

Ebiquity raises more capital to buy Echo Research

AIM listed media and marketing analysis business Ebiquity is acquiring Sandra Macleod’s offshore based reputation and stakeholder research company Echo Research for an initial cash payment of £3.5... Read more
Published 20th Oct 2010, 21:05

Engine raising more capital, but for what?

The announcement of an initial £32.5 million capital injection into The Engine Group by private equity investor HIG Capital begs the question of how much will actually be available for new... Read more
Published 11th May 2010, 14:31

Bank of Ireland took extra security as Engine bought Creator Visions last month

The Bank of Ireland has taken a charge over The Engine Group’s interest in a £750,000 key man insurance policy taken out on the life of chief executive Peter Scott. The extra security was... Read more
Published 27th Mar 2010, 19:22

Xtreme embarrassment as VSS private equity owners sell to Ebiquity at a £15m loss

Having invested £30 million in the UK based advertising monitoring business Xtreme Information Services, only to see it run up losses of over £23 million in eight years, US private equity house... Read more
Published 31st Aug 2009, 14:42

Why Engine may be seeking more long-term capital

Reports that The Engine Group may be back on the fund-raising circuit suggest not only that chief executive Peter Scott might wish to be able to take advantage of the recession to make a few global... Read more