LONDON, UK: Mercia Asset Management, the proactive, regionally focused specialist asset manager with c.£940million of assets under management, is pleased to note the appointment of Frank Sagnier as Non-executive Chair of portfolio company nDreams Limited. Frank Sagnier’s career in the video games industry spans more than 25 years, having most recently retired from Codemasters Group…
Apax X acquires EveryAction & Social Solutions
LONDON, UK: The Apax X Fund has signed a definitive agreement to acquire majority stakes in EveryAction, an omni-channel engagement platform for non-profits, and Social Solutions, a case management software provider of data-driven insights to non-profit and public sector customers. Apax X announced earlier its investment in CyberGrants in June. Both transactions are expected to…
IOG plc commitment to Net Zero from 2021
LONDON, UK: IOG plc, the UK gas company targeting growth and high returns via an infrastructure-led hub strategy, announced its completion of a comprehensive Emissions Assessment (EA), undertaken by its internal Environmental, Social and Governance (ESG) Taskforce in collaboration with Genesis. On the basis of the EA the Company has committed to Scope 1 &…
THG Plc to acquire Cult Beauty Limited for £275 million
LONDON, UK: THG Plc has agreed to acquire Cult Beauty Limited, the UK based online beauty retailer of prestige and emerging independent brands for a total consideration of £275 million, a news release said. Strategic Impact: · Cult Beauty’s portfolio of emerging and independent 3rd party brands is a compelling addition for THG Beauty, the…
Rolls-Royce selling Bergen engines business for €63 million
Rolls-Royce , Bergen engines business, Langley Holdings, Langley is funding the deal, together with working capital requirements for the Bergen business going forward, from existing cash reserves. The agreed sale of Bergen Engines is a part of our ongoing portfolio management to create a more focused group and follows a strategic review of Bergen Engines….
Ingenia acquires community on NSW South Coast
SYDNEY, AUSTRALIA: Ingenia Communities Group announced further expansion of the Group’s lifestyle and holidays business with the acquisition of an award-winning mixed-use community on the NSW South Coast. The acquisition further expands the Group’s presence in the popular South Coast tourist market, with a total of 10 communities in the region on completion of the…
Michael Ivanchenko appointed CEO of CV Check
SYDNEY, AUSTRALIA: CV Check Ltd announced that Mr Michael Ivanchenko has been appointed as Chief Executive Officer (CEO) of the Company. As previously communicated, this appointment has been a priority focus of the Board and comes following a comprehensive search and selection process. Mr Ivanchenko is an internationally experienced, highly capable executive with a record…
John Shuttleworth appointed CEO of Centrepoint Alliance
SYDNEY, AUSTRALIA: Centrepoint Alliance Limited announce the appointment of John Shuttleworth as Chief Executive Officer (CEO) effective 4 August 2021. It is expected that Mr Shuttleworth will join the Board in due course as the Managing Director. Mr Shuttleworth was previously General Manager of Platforms and Investments at BT Financial Group where he was responsible…
Lantronix acquire Transition Networks and Net2Edge
IRVINE, CALIFORNIA: Lantronix Inc. has completed its previously announced acquisition of Transition Networks and Net2Edge, which comprises the majority of the Electronics and Software reportable business segment of Communications Systems Inc. The transaction will bring immediate scale to Lantronix, with revenues from the combined company expected to total more than $100 million on an annual…
S-Ventures invests in plant-based meat business
LONDON, UK: S-Ventures has entered into a joint venture, Vegan Punk Ventures Limited (VPV), to invest in the production and sale of plant-based meat and fish alternatives that promote both healthy living and sustainable agriculture. S-Ventures will own 50% of the issued share capital of VPV and has agreed to invest up to £100,000 in…
Essensys plc appoints Eric Schaffer as CEO Asia Pacific
LONDON, UK: essensys plc, the leading global provider of mission-critical software and technology to the flexible workspace industry, announces the appointment of Eric Schaffer as CEO of its Asia Pacific business, effective immediately. Eric joins the Group’s Operating Board and will report to Mark Furness, the Group’s Founder & CEO. Eric will lead the establishment…
S4 Capital merges MediaMonks and MightyHive
LONDON, UK: S4Capital launched its unitary brand by merging MediaMonks and MightyHive into Media.Monks, represented by a dynamic logo mark that features MightyHive’s iconic hexagon, news release said. The single brand emphasizes a shared heritage in creative content and roots in data&digital, while unifying a team of nearly 6,000 digital-first experts working as a single…