Small cap round-up: Advanced Computer, ECO, Panmure Gordon...

Advanced Computer Software has raised £43.75m through a placing at 30p per share. The cash will help fund acquisitions keen to become the leading consolidator in the primary care IT market. ACS has identified further complementary businesses to acquire and the funds raised in the placing will enable it to fund those acquisitions more quickly. Carbon trading group Ecoscecurities' cash balance rose to €53m at end April, up from €38.7m four months earlier. EcoSecurities expects its 2009 issuances of United Nations-backed credits, CERs, to hit expectations.Broker Panmure Gordon is to get a £23m cash injection from Qinvest, Qatar's largest investment bank. Qinvest will end up with 44% of Panmure after the share issue, which is priced at 34p. On a pro-forma basis, the group will have regulatory assets of approximately £45m, representing over 3.5 times the regulator's required minimum, Panmure added.Travel group Western & Oriental moved into the black in the half year to March, despite revenues dipping from £29.2m to £28.4m. Profit before tax came in at £0.1m (31 March 2008: £2m loss). W&O Events conference and incentive revenue up significantly, 34% year-on-year. The value of forward sales was £18.9m, down 26.4% from £25.6m. Heart monitoring equipment group Lidco has raised £3.2m through a placing of 31.9m new shares at 10p per share with existing and new institutional investors and high net worth individuals. Eco (atlantic)