Don’t get stuck, pop into a pod

Within a few years passengers at Heathrow Airport could be whisked between terminals in futuristic driverless taxis. The technology behind these four-seater computer-controlled vehicles has been developed by Bristol University spin-out company ATS. It celebrated its first major agreement recently when airports operator BAA chose its Ultra system for a trial at Heathrow. Eighteen of the pods will run on a track between Terminal One and a perimeter car park ... read more


Real Deals Magazine

British airport operator BAA has invested £7.5m for a 25 per cent stake in Nesta-backed Advanced Transport Systems. Nesta, the UK government backed innovation fund, has invested a total of £250,000 in the company over three rounds. ATS also received grants of £50,000 from the South West Regional Development Agency and a £62,000 grant from the Department of Trade and Industry. The company, which was founded in 1999 having been ... read more


Advanced Transport Systems Limited

Advanced Transport Systems Ltd (ATS) announced today that BAA had chosen their innovative ULTra Personal Rapid Transit (PRT) system, to provide better access to its terminals at Heathrow. The agreement between BAA and ATS also includes an investment of £7.5million in the company in return for 25% of the equity. The latter stages of this investment are dependent on meeting developmental milestones. For BAA, ULTra will provide a high quality ... read more


James Thomas wins SWDA Young Dealmaker of the Year

He’s the Young Dealmaker of the Year with a growing reputation for putting together multi million pound packages with a Midas touch. The Young Dealmaker category is perhaps the most hotly contested of all the awards, so for James Thomas to walk away with the trophy makes his achievement even more notable. James, joined ICON in 2000 from BT where he was a senior financial analyst. Before that he was ... read more


Eddie Harding wins Corporate Financier of the Year Award

Raising funds and management buyout transactions, focusing on enterprise software, and services opportunities in financial services and telecoms has been Eddie’s forte. Eddie Harding’s activity in the market over the past year has made him a worthy winner of the Corporate Finance Adviser Award. Eddie joined Bristol-based ICON Corporate Finance in 2000 and specialises in raising funds and management buyout transactions with particular focus on enterprise software and services opportunities ... read more


TCO – Management software, sold to CACI International Inc.

ICON has advised the shareholders of Tech Computer Office (TCO) on the sale of the company to the UK subsidiary of US technology group CACI International Inc for an undisclosed cash consideration. TCO, which is based in London and has over 40 staff, is a leading developer of operational management software primarily for the Care sector including many UK local authorities and Care providers. TCO also provides its software to ... read more


Angels give travel company new wings to fly higher

Group Tour Operator, Brilliant Weekends announced today that it has raised £205K of funding from a syndicate of private investors led by the South West Angel Investor Network (SWAIN). The new funding will enable the 3 year-old company to build on its existing exclusive online distribution deals with low-cost airlines such as EasyJet and FlyBE as well as provide further investment for its in-house IT reservation system whilst accelerating staff ... read more


The CEO stars of technology and private equity

The ‘Stars’ of the Technology, Private Equity and Corporate Finance Industries are set to join forces with one of soccer’s leading managers – at major Management Summit Most of the CEOs of the UK’s leading technology firms will be joining forces with senior figures from the worlds of private equity and corporate finance for a major summit on the secret of successful management – on Wednesday 22nd June, at Stamford ... read more