LONDON: Capital Limited (LSE: CAPD), a leading mining services company, announced the sale of its entire shareholding in Predictive Discovery Limited to Perseus Mining Limited for total cash consideration of A$47.3 million (US$31.2 million) today. The agreement with Perseus includes a profit share arrangement whereby Capital and Perseus have agreed to share (on a 50/50 basis)…
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Keywords Studios has acquired Wushu Studios Limited
LONDON: Keywords Studios has announce the acquisition of Wushu Studios Limited, a leading game development studio headquartered in Liverpool, United Kingdom. Wushu was founded in 2017, initially as an original IP studio, before transitioning to a work-for-hire model, providing a range of services to high-profile publishers and developers on co-development and full development projects as…
CVC Advisors led consortium offers to acquire Hargreaves Lansdown for £5.443 billion
CVC Advisors Limited led consortium through indirectly owned Harp Bidco Limited, has made final cash offer to acquire Hargreaves Lansdown plc (HL) at the rate of 1,140 pence in cash/share. The cash offer values HL’s entire issued, and to be issued, ordinary share capital at approximately £5.443 billion on a fully diluted basis. Hargreaves Lansdown plc (HL) is…
Hill & Smith acquires Trident Industries for upto $46 million
LONDON: Hill & Smith plc, the international provider of sustainable infrastructure products and services, announced the acquisition of Trident Industries LLC. The group has completed the acquisition of the business and assets of Trident for an initial cash consideration of $13.5m (c.£10.6m), on a debt and cash free basis. Further cash consideration of up to $32.5m…
Genuit Group has acquired Sky Garden Limited, Omnie and Timoleon for a total £5.0 million
LONDON: Genuit Group plc, the UK’s largest provider of sustainable water, climate and ventilation solutions for the built environment, announced the acquisition of Sky Garden Limited, Omnie and Timoleon. Sky Garden Limited is a leader in green roof technologies providing design, supply, installation and maintenance services for green and bio-solar roofs, podium decks and green…
Assura to acquire Northwest Healthcare’s UK private hospitals for £500 million
LONDON: Assura plc has agreed with Northwest Healthcare Properties to acquire its fully operational UK Private Hospital Portfolio comprising 14 assets for a consideration of £500 million. This will be fully funded through a mix of cash and shares. Assura believes there is significant opportunity in the structurally-supported private hospital market with strong growth potential and attractive…
AGA to acquire greytHR, a Human Resource Management Software platform
LONDON: Apax Global Alpha Limited (AGA), the closed-ended investment company, expects to invest approximately €2.5m in greytHR on a look-through basis. On 5 August 2024, the Apax Digital Fund II (“ADF II”), in which AGA is a limited partner, announced a strategic investment in greytHR, a leading full suite Human Resource Management Software (“HRMS”) platform…
Netcall acquires digital process automation firm, Govtech for £13 million
LONDON: Netcall plc (AIM: NET), a leading provider of intelligent automation and customer engagement software, has acquired Govtech Holdings Limited, a digital process automation company. Headquartered in Cirencester, Gloucestershire, Govtech serves around 50 local authorities including Leeds City Council, The City of Edinburgh Council and Bristol City Council. All 39 employees, including the founders, will…
Kazera Global to buy shareholding in Deep Blue Minerals and Whale Head Minerals
LONDON: Kazera Global plc (AIM: KZG) has entered into an agreement with Tectonic Gold PLC to purchase Tectonic’s 10% shareholdings in both Deep Blue Minerals (Pty) Ltd (“DBM”) and Whale Head Minerals (Pty) Ltd (“WHM”), along with Tectonic’s economic interest in loans it has with WHM’s Black Economic Empowerment (“BEE”) partners. This will bring Kazera’s…
WPP Plc to sell its 50% stake in FGS Global to KKR for £611mn
LONDON; WPP plc (LSE/NYSE: WPP) has entered into an agreement to sell its entire majority stake in leading strategic communications and advisory firm, FGS Global, to Kite Bidco Inc., an entity controlled by investment funds managed or advised by Kohlberg Kravis Roberts & Co. L.P. (“KKR”). KKR first made a minority investment in the firm…
Thoughtworks to be taken private by Apax Funds for $4.4/share
LONDON: Thoughtworks, a portfolio company in the Apax IX Fund, in which Apax Global Alpha Limited (AGA) is a limited partner, has announced that it has entered into a definitive agreement to be taken private by Apax Funds for $4.40 per share, which implies a total enterprise value of $1.75bn for Thoughtworks. At the purchase price, the…
YouGov has acquired New Zealand based, Yabble
LONDON: YouGov Plc, the international research and data analytics group, announced the acquisition of Yabble, a New Zealand based company pioneering the use of generative AI to deliver audience insights. The acquisition will see YouGov acquire Yabble’s technology to power new and valuable insights for clients across the world, while also seeing YouGov’s data become the…