Situations
Where money or control changes hands at a UK small cap – takeovers, disposals, capital returns, activists, stake building, refinancings. Each one followed from the first announcement to the outcome.
Selling a part: the price, and what happens to the money.
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Disposal Goodwin Plc GDWN£1,077m
FY2026 profit guidance
Strategic review began 7 Aug 2026; sale of GSC, GI, Noreva, Easat and Pumps to a Cerberus affiliate for up to about £1.1bn cash agreed on 9 Sep 2026.
Price £1,100.0m · 101.6% of market valueAgreed; awaiting regulatory approvals, completion Q1 2027Next Regulatory approvals and completion -
Disposal Zenith Energy LTD.Com Shs ZEN£29m
Partial sale of solar portfolio
Zenith planned in Oct 2025 to sell part of its solar portfolio. WESOLAR signed a non-binding MoU on 15 Jul 2026 for about 50 MWp of Piedmont projects at EUR 12m against about EUR 5m cost.
Price £10.2m · 30.4% of market valueNegotiations ongoing; no agreement announcedNext conclude sale negotiations -
Disposal Investacc Group Limited INAC£99m
Sale of Vesta and InvestAcc Ltd
On 2026-10-08 InvestAcc agreed to sell Vesta Wealth and InvestAcc Limited (Appointed Representative services) to Edengate, owned by Vesta director Nick Gardner, for £12m EV (9.2x FY25 EBITDA).
Price £12.0m · 13% of market valueAgreed; awaiting FCA approvalNext FCA change of control approval and completion
A row opens the situation with its chart and every step. Company pages also show the smaller matters – a new CEO, a plan, a contract, director buying.