MBS Intelligence

Category: Executive Moves

Moira Benigson discusses why founders often want to remain involved with their businesses even after selling and installing new management. Should their views still be...

Latest News

Active North Yorkshire launches digital wellbeing memberships with HealthHero. The leisure trust has partnered with HealthHero to offer digital healthcare services including GP consultations and physiotherapy. The initiative extends wellbeing support to rural communities alongside a new standalone remote membership option.

NEOS Hospitality secures £10m credit facility following recent site acquisitions. The hospitality group has secured a £10m revolving credit facility from HSBC UK following its acquisition of 20 Revolution and Revolución de Cuba sites. The group returned to profit last year with turnover rising 17% to £46.7m.

Fort Myers trains 418 travel agents to expand UK and Ireland holiday sales. The Florida Gulf Coast destination has strengthened trade partnerships with British Airways, US Airtours and Visit USA. Its training programme is focused on promoting beach stays and multi-centre itineraries to UK and Irish travellers.

Newmarket Holidays reports 400% increase in Asia tour bookings for 2029. The escorted tours specialist reported a 400% increase in Asia tour bookings during September, driven by strong forward demand. The surge follows a successful familiarisation trip for agents and reflects customers booking well in advance.

CVC Capital Partners acquires 40% stake in camouflage manufacturer Fibrotex. The private equity firm has acquired a 40% stake in the camouflage manufacturer for approximately €250m. The transaction was disclosed to fund investors, positioning Fibrotex as a global business within its portfolio.

DeepSeek leads $400m seed round for Winverse. The artificial intelligence company is leading a $400m seed funding round for Winverse, a startup developing artificial intelligence for robots. The investment extends DeepSeek’s robotics presence ahead of its planned market debut.

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