Swindon-headquartered motors group Cambria Automobiles has agreed to an £80 million management buyout by chief executive Mark Lavery, first announced in March.

Specialist recruitment company Outsource UK has completed a management buyout.

A Swindon-based global provider of continuing education to the veterinary sector has been bought out by its management team, backed by an equity investment company.

Improve, whose UK headquarters are at Alexandra House, provides both specialist postgraduate courses and qualifications as well as continuing professional development training to veterinary professionals.

Managed IT and telephony firm Excalibur Communications has announced turnover for the past year increased 13 percent to £9.2 million.

The performance follows another year of strong growth for the company’s IT and fixed line business and an increase in revenues from its mobile business. Profitability has risen by 24 percent to £1.6 million.