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8 June 09 - Acquisition of Inkopo Limited by Braveheart Investment Group plc
Inkopo has been acquired by Braveheart, the technology commercialisation and investment management company founded in 1997 which makes investments in young, emerging companies and has a portfolio of investments in more than 30 companies.
The move by Perth-based Braveheart is good for aspiring businesses in the Yorkshire Region. It enables it to offer investment management services to Inkopo customers as well benefiting from Inkopo's relationships with the Viking Fund and Yorkshire Association of Business Angels, plus the academic and public sector bodies in the North of England.
Chief executive of Braveheart, Geoffrey Thomson, said: "This acquisition is in line with our stated growth strategy and demonstrates our ability to find and execute such transactions. Inkopo complements our existing business and we now have operating bases in Perth, London and Yorkshire."
"Our plans are to grow Inkopo by making additional operational and financial resources available to the incumbent management and we look forward to working closely with the team. Andrew Burton who runs the business is a well known and respected operator in our market place and I welcome him and his people to the group."
Andrew Burton, chief executive of Inkopo added: "This is a logical step in the growth of Inkopo. Being part of a larger organisation gives us access to additional resources and means that we can grow the business at a faster rate than would otherwise be possible. Braveheart are respected players in our sector and we look forward to working with them."
For further information please visit www.braveheart-ventures.co.uk | www.inkopo.com | download the full announcement
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