STOCKHOLM: Intrum AB has signed a term sheet regarding an investment agreement with an affiliate of Cerberus Capital Management, L.P. for future investments in consumer unsecured non-performing loan portfolios. This agreement allows Intrum to scale its investment activity without increasing its debt, providing servicing revenues and additional portfolio management revenues, in line with its ‘capital-light’…
Eurazeo infrastructure fund held its final close at €706 million
Eurazeo announced that its maiden infrastructure program (comprising the Eurazeo Transition Infrastructure Fund – ETIF or Fund – and a co-investment vehicle) has held its final close at €706 million in aggregate commitments
Spectra Systems to manufacture sensors for an existing central bank customer
LONDON: Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies, security printing and gaming security software, entered into a contract worth $37.9 million to manufacture sensors for an existing central bank customer. A second tranche of consideration of $1.7 million is expected later this year upon signature of the related…
CAP-XX and SCHURTER AG sign MOU to establish strategic technology partnership
To meet evolving market needs, CAP-XX and SCHURTER will work closely together to develop new technologies, including co-branded supercapacitor products.
Apax IX sells remaining stake in Baltic Classifieds Group
The Apax IX Fund, in which Apax Global Alpha Limited (AGA) is a limited partner, has announced the sale of its remaining shares in Baltic Classifieds Group (BCG), the leading online classifieds group in the Baltic
Spectris plc agrees to acquire Micromeritics Instrument Corp for upto $683 million
Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, has agreed to acquire Micromeritics Instrument Corporation for an upfront consideration of $630 million
Grant Thornton names Lawrence Griff and Kelly Schindler to its industry practice
CHICAGO: Grant Thornton has named Lawrence Griff to lead the firm’s retail industry practice and Kelly Schindler to head up its manufacturing industry practice. In their roles, Griff and Schindler will oversee the growth and operations of their respective industries, which encompass a full range of audit, assurance, tax, and advisory services. “The ever-evolving landscape…
IC Group has acquired remaining 13% ownership of Insured Creativity Inc.
IC Group, a global leader in digital promotions, has acquired remaining 13% ownership stake in Insured Creativity Inc. (ICI) effective on June 21, 2024.
Box Inc. appoints Samantha Wessels as President of Box Europe, Middle East and Africa
Box Inc. (NYSE: BOX), the Intelligent Content Cloud, announced that Samantha Wessels will join the Box Executive Team as President of Box Europe, the Middle East and Africa (EMEA)
INQO announces investment in Flybox Budongo (BSF) Limited
LONDON: Inqo Investments Limited (INQO) announced today an investment in Flybox Budongo (BSF) Limited as part of its Conservation and Rural Enterprise (CARE) Project in Uganda. Flybox Budongo’s parent company, Mana Biosystems Limited has developed a modular containerised system for the production of Black Soldier Fly (BSF) eggs and 5-day old larvae. BSFs are a…
Atturra to acquire advisory & technology services business, Exent
Atturra Limited has exchanged a share sale agreement (SSA) to acquire Exent an advisory and consulting services firm specialising in strategy to implementation business transformation
Jade Gas signs partnership with Chinese drilling company DWK
SYDNEY: Jade Gas Holdings Limited (ASX:JGH) has signed a non-binding term sheet for a major gas production partnership with China based Yan’an Drilling Wellking Energy Technology Service Company Limited (DWK) to develop Jade’s Red Lake gas resource. Jade Gas recently appointed DWK as its integrated services contractor as the Company moves directly to resource development…