It is the only magazine written specifically for Linux professionals and IT decision makers. The magazine will be redesigned as part of a strategy which will also see a widening of its worldwide distribution, a redeveloped website, and a new subscriptions offer.
For further details of the acquisition contact Sam Watkinson at sam.watkinson@augustequity.com
August Equity portfolio company Enara has acquired The Care Agency Limited, a privately owned specialist private pay provider of live-in carers.
The Care Agency provides carers to clients throughout the United Kingdom enabling them to remain in the comfort of their own homes. The business provides care to the elderly, those in need of post-operative care, end of life and respite care.
Commenting on the acquisition, Aatif Hassan of August Equity, said: “We are delighted with The Care Agency acquisition. It strengthens Enara’s service offering and private pay capability, which is a core part of the buy-and-build strategy.”
Stephen Booty, CEO of Enara, said “The Care Agency is a high quality business with strong relationships and reputation. This deal ensures the business is well positioned for growth in the private pay market.”
For further details of the investment contact Aatif Hassan at aatif.hassan@augustequity.com
August Equity portfolio company Boat International has acquired Showboats International, the USA’s premier luxury yacht publication, for an undisclosed value.
Showboats is highly complementary to Boat’s existing portfolio of superyacht media assets. Boat will continue to invest in Showboats and will merge its own US magazine, Boat International USA, with the title from the next issue.
Commenting on the acquisition, Richard Green of August Equity, said: “We are excited by the Showboats acquisition, which further consolidates Boat’s position as the world's leading superyacht media group. We are pleased to have been able to work closely with the Boat management team to consummate and finance this transaction.”
For further details of the acquisition contact Richard Green at richard.green@augustequity.com ”
Richard Vertigan, CEO, and Steve Nelson, finance director, of 4Projects, an August Equity portfolio company, have been jointly named as an Ernst & Young Entrepreneur Of The Year North and Midlands region award winner. The pair will go on to represent the North and Midlands in the UK finals of the Entrepreneur Of The Year 2009 programme.
Fraser Davidson commented: “We are delighted that both Richard and Steve have been recognised for this award and wish them well in the final.”
For further details on the award contact Fraser Davidson at fraser.davidson@augustequity.com
August Equity portfolio company Rixonway has celebrated its 30th anniversary with an impressive record-breaking turnover announcement of £23.4m – highlighting a 22% increase in 12 months. Rixonway is now the UK’s largest kitchen manufacturer working exclusively within social housing.
Managing director Paul Rose said: “Over the last 5 years our focus has been on innovation, reliability and further improving our service. Our success in delivering this has secured many new contracts and has created excellent relationships among those who provide and maintain affordable and social housing stock. This focus has driven significant growth and record turnover and profit”.
For further details on Rixonway contact Ian Grant at ian.grant@augustequity.com
August Equity portfolio company Lifeways Community Care has launched a dedicated service to provide specialist supported living services for people with an acquired brain injury living in their own home. The launch follows two years of training and development.
Lifeways Brain Injury Services will ensure that people from across the UK will have access to teams of Lifeways professionals operating within their own community.
Paul Marriner, Chief Executive, commented “We are delighted to launch this new division of the business which will allow us to offer services throughout the UK, bringing much needed, cost effective, support to people with a brain injury living in the community”.
For further details on the launch contact Aatif Hassan at aatif.hassan@augustequity.com
August Equity portfolio company Hat Trick Productions has been awarded a 2009 Television Academy Honor for their production ‘God On Trial‘.
The awards established in 2008 by the American Television Academy (the group that runs the Emmy Awards) recognises “Television with a Conscience - achievements in programming that present issues of concern to our society in a compelling, emotional and insightful way."
God on Trial was produced for both the BBC and WGBH in Boston and screened in the US on PBS.
For further details of the award contact Richard Green at richard.green@augustequity.com
August Equity has received a commendation in the investor’s category at the HealthInvestor Awards 2009. The award is a reflection of the busy period the healthcare team has had since January 2008. Since then the team has completed bolt-on of Kentwood for Lifeways Community Care; the £75 million sale of Healthcare Homes Group, a buy-and-build investment that completed eight acquisitions in two years; and the Enara homecare buy-and-build.
For further details of the commendation contact Philip Rattle at philip.rattle@augustequity.com