LONDON, UK: Restore plc has acquired 100% of the share capital of The Document Warehouse in the UK (TDW), for a cash consideration of £6.5 million. The Document Warehouse (TDW) is an established records management business located in Sittingbourne, Kent, with c.124k boxes under management and generating annual revenue of c.£550k. Importantly, the business has…
Author: Ali Mirza
Cheryl MacDiarmid appointed to Board of Allergy Therapeutics
LONDON, UK: Allergy Therapeutics announced the appointment of Cheryl MacDiarmid as a Non-Executive Director of the Company, with effect from 27 October 2021. Upon appointment Cheryl will also become a member of the Audit Committee. Cheryl MacDiarmid has more than 25 years’ experience in commercial roles within the global pharmaceuticals sector. She brings significant marketing,…
Ideagen buys Audit Analytics and Ai XPRT for a total of $55.9mn
LONDON, UK: Ideagen Plc, a leader in compliance software for highly regulated industries, announced the acquisitions of Audit Analytics and Ai XPRT. The acquisitions bolster Ideagen’s position as the audit and advisory system of choice to the compliance industry, accelerate AI functionality across the Ideagen portfolio and increase Annual Recurring Revenues (ARR). Audit Analytics Ives…
James Latham acquires IJK Timber Group
LONDON, UK: James Latham has acquired the entire issued share capital of Sarcon (No 155) Limited and subsidiary companies (IJK). The trading subsidiary, IJK Timber Group Ltd, trades as IJK Timber and Northern Hardwood, and operates from two sites in Northern Ireland, offering a comprehensive range of panel products, softwoods and hardwoods. The Company has…
Ashtead Technology plans IPO on AIM market of LSE
LONDON, UK: Ashtead Technology has expressed intention to conduct an initial public offering at the AIM market of London Stock Exchange. Ashtead Technology is a leading subsea equipment rental and solutions provider for the global offshore energy sector. Ashtead Technology’s specialist equipment, advanced-technologies and support services enable its customers to understand the subsea environment and…
JD Sports Fashion acquires Cosmos Sport in Greece and Cyprus
LONDON, UK: JD Sports Fashion, one of the world’s leading retailers of sports, fashion and outdoor brands, announced that on 21 October 2021, it acquired 80% of Cosmos Sport S.A. Based in Crete, Greece, Cosmos was founded in 1982 by Fragiskos Tsiknakis who continues to be active in the business although he has handed over…
Marlowe Plc to acquire EssentialSkillz for £25 million
LONDON, UK: Marlowe Plc has entered into a binding agreement to acquire Riskwize Limited and its wholly owned subsidiary EssentialSkillz Limited for £25 million. Incorporated in 2001, EssentialSkillz is a leading provider of eLearning course and compliance software. The EssentialSkillz compliance and training platform enables organisations to engage their employees in all compliance areas, and…
Alinda Capital Infrastructure Investments plans £350 million IPO
LONDON, UK: Alinda Capital Infrastructure Investments Plc announced its intention to launch an initial public offering (IPO) and to admit its shares to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Alinda Capital Infrastructure Investments is seeking to raise £350 million by means of a placing and offer…
Tremor International buys Spearad for $14.7 million
LONDON, UK: Tremor International Ltd., a global leader in Video and Connected TV (‘CTV’) advertising, announced the strategic acquisition of Spearad. Spearad is a global CTV Video ad server and media management platform purpose-built for broadcasters and TV content companies to deliver seamless TV-like experiences in CTV and Over-the-Top (‘OTT’) environments, with the same advanced…
Dispersion Holdings plans to acquire Accru Finance for £8.75mn
LONDON, UK: Dispersion Holdings, an incubator specialising in decentralised finance (DeFi), has proposed acquisition of Accru Finance Ltd, which plans to launch the first internationally-regulated and insured platform for the trading and yield farming of cryptocurrencies, for a consideration of £8.75m to be satisfied by the issue of 250 million new ordinary shares in Dispersion….
Hostmore to list on LSE following demerger from Electra
LONDON, UK: Hostmore plc will demerge from Electra Private Equity, and the Hostmore shares will be admitted to trading on the London Stock Exchange’s main market on 2 November 2021. The Board of Electra believes that the strategy of establishing Hostmore as an independent listed company provides shareholders with the optimal opportunity for short and…
Kitchenware maker ProCook plans IPO on London Stock Exchange
LONDON, UK: ProCook, the UK’s leading direct-to-consumer specialist kitchenware brand, is considering an initial public offering (IPO) on the Main Market of the London Stock Exchange. The ProCook IPO would include an offer of existing shares to be sold by existing shareholders. The ProCook IPO would include an intermediary offer in the United Kingdom, under…