Petards UK Government and Commercial software business sold to BAE Systems

ICON advises Petards on sale of software business to BAE. ICON Corporate Finance has advised Petards Group Plc, a developer of advanced surveillance systems, on the sale of its Government and Commercial software business to BAE Systems Plc. The acquired business comprised the Universal Video Management System (UVMS), which manages CCTV data within casinos, train stations, arenas and shopping centres, and Advantage command and control software, together with the legacy ... read more

Insurance4CarHire sold to Towergate

ICON has advised the shareholders of Insurance 4 Car Hire on its sale to Towergate. Insurance 4 Car Hire (I4CH) is an internet based insurance agency providing specialist insurance products for the car rental market. Founded 5 years ago by Larry Ursich, I4CH provides customers with a number of products designed to insure against the high excess that can be charged by car rental companies when hiring a vehicle. The ... read more

InTo Technology

ICON has successfully advised InTo Technology on its latest funding round of £4.5m which shall be used to support the marketing of the Intoscape Technology platform. InTo Technology has developed the Intoscape™ Technology platform, an Integrated Supply Chain Management and ERP software solution developed for the burgeoning global online retail / reseller markets. The Intoscape™ solution uses standard communications combined with complex business algorithms to proactively manage the complex and ... read more


ICON has successfully advised Mirifice on raising its first round of institutional investment from YFM Group. Mirifice has developed MirimonTM, a unique monitoring solution for Digital TV networks, and the funding will be used to support the marketing and rollout of the product to major cable, satellite and IPTV broadcasters. Mirifice's current customer base includes leading Digital TV broadcasters and Set Top Box manufacturers such as Virgin Media, Sky, Pace, ... read more

Teliris raises $40m

Teliris, the leading provider of telepresence solutions, announced that it has received a $40 million majority equity investment led by Fidelity Ventures and co-lead Columbia Capital. Additionally, Teliris announced that Fidelity Ventures partner, Anne Mitchell, and Columbia Capital partner, John Siegel, have joined Teliris co-founder and CEO, Marc Trachtenberg, on the Teliris Board of Directors. Teliris' VirtuaLive telepresence solution provides the most natural and intimate virtual meeting environment available on ... read more

Inetec Secures £1m

Inetec has secured a further £1 million of expansion capital from incumbent investors Oxford Capital Partners and Finance Wales. The additional funding will allow the company to further fuel its expansion and growth. Inetec's patented technology is the only commercially available solution able to treat all types of food waste without the need for pre-treatment, packaging removal or adjustment of the machine and represents a cost effective and environmentally responsible ... read more


AuPix Ltd - ICON advises video VoIP company on fundraising AuPix is a leading developer of state-of-the-art IP video communications solutions. The Bristol firm's flagship product is the AP-100 VoIP ("voice over IP") video phone and they licence their technology to OEMs and ODMs, enabling them to bring their own IP video endpoints to market quickly and cost effectively. AuPix was established in 2006 to acquire the intellectual property rights ... read more

Oligon sold to Wolfson

ICON acts as corporate finance advisers to Oligon, which has been sold to Wolfson Microelectronics Plc Under the terms of the deal Wolfson is paying up to $5.7 million (£2.9 million) for Oligon. The consideration involved an initial payment of $2.75m (£1.4m) on completion of the deal, with the remainder being deferred subject to the achievement of certain milestones. The acquisition is in line with Wolfson’s strategy to invest in ... read more