LONDON: SDX Energy Plc announced the commencement of the first, three well, phase of its 2021 drilling campaign in Morocco, which will comprise up to five wells over the year. Mark Reid, CEO of SDX, commented: “I am pleased to announce that the Company has commenced its 2021 drilling activities of up to eleven wells…
Nightcap Plc agrees to acquire the Adventure Bar Group for £2.5 million
LONDON: Nightcap Plc has agreed to acquire the Adventure Bar Group including the entire issued share capital of +Venture Battersea Limited, Adventure Bars Mid Limited and Adventure Bars Luna Digbeth Ltd (target bars). The maximum aggregate consideration payable to the Vendors is £2.5 million and comprises an initial consideration of £1.0 million payable on completion…
Next Fifteen Communications acquires controlling interest in Blueshirt Capital Advisors
LONDON: Next Fifteen Communications Group announced the acquisition of a controlling interest in Blueshirt Capital Advisors LLC (BCA), the tech focused capital markets advisory business. In June 2016, the leadership team of Next 15’s Blueshirt agency and Next 15 agreed to create a separate but complementary business to Blueshirt, called BCA, which would play a…
One Media iP Group acquires Kid Creole and the Coconuts producer royalties
LONDON: One Media iP Group has acquired the writer’s share to the royalties of over 250 tracks of Kid Creole and the Coconuts, an American band created by August Darnell, that transcends the essence of ‘Tropical Cool’. The Acquisition includes the writer’s share of Kid Creole and the Coconut’s best known music tracks, as well…
Samarkand Group acquires Zita West and Babawest for a total of £2.414 million
LONDON: Samarkand Group plc has acquired the entire share capital of Zita West Products Limited and 51% of Babawest Ltd for a total consideration of £2.414 million to be satisfied by the payment of £1.914 million in cash and £500,000 by the issuance of 357,977 New Ordinary Shares in the capital of the company. Additionally,…
Victoria Plc acquires Edel Group BV for a consideration of €49.4 million
LONDON: Victoria Plc announced the substantial expansion of its existing artificial landscaping grass business with the acquisition of Edel Group BV, the Netherlands-based designers, manufacturers, and distributers of artificial grass and carpets. Total consideration paid was €49.4 million (£42.9m). In addition, Edel has approximately €20.0 million (£17.4m) of net debt. Established in 1918, Edel primarily…
Knights Group announces acquisition of Keebles LLP for £11.54 million
LONDON: Knights Group has agreed to acquire Keebles LLP, an independent commercial law firm primarily based in Sheffield. Under the terms of the acquisition, Knights will acquire Keebles from its ten existing equity partners on a debt free, cash free basis for a total consideration of £11.54 million, subject to working capital adjustments at the…
Catenae Innovation acquires 51% interest in Hyperneph Software Limited
LONDON: Catenae Innovation PLC has acquired a 51% interest in Hyperneph Software Limited, a company with whom Catenae has worked closely with on its technology development over recent months. The consideration for the Acquisition amounts to £320,000, of which £270,000 will be satisfied in cashand the balance of £50,000 will be satisfied by way of…
Foresight Solar Fund buys 50% equity stake in Sandridge Battery Storage for £12.7 million
LONDON: Foresight Solar Fund Limited announced the acquisition of a 50% equity stake in Sandridge Battery Storage Limited (SBSL). Sandridge Battery Storage Limited (SBSL) holds the development rights to construct the Sandridge Battery Storage project, a 50MW lithium-ion battery energy storage system based in Melksham, UK, adjacent to the Sandridge solar park which is already…
Arribatec Solutions to acquire UK-based Integra Associates for an enterprise value of GBP 1.5 million
OSLO: Arribatec Solutions ASA has signed LOI to acquire UK-based Integra Associates, a global elite partner of Unit4, to create the world’s largest provider of Unit 4 ERP services and solutions. The acquisition is based on an enterprise value of GBP 1.5 million, with GBP 1.125 million in cash and GBP 0.375 million in Arribatec…
Lynx Global acquires Australia based Arkin Technologies in a share exchange deal
VANCOUVER: Lynx Global Digital Finance Corporation on April 30, 2021 closed the acquisition of a 51% equity interest of Australia based, Arkin Technologies Pty Ltd. Lynx Global issued an aggregate of 1.114 million common shares and 250,000 share purchase warrants (entitling acquisition of an additional 250,000 common shares at a price per Share of $1.17)…
Blockchain Foundry deploys open‐source blockchain protocol for NFTs and compliant payments
TORONTO Blockchain Foundry Inc. (BCF), in conjunction with the Syscoin Foundation, has deployed Syscoin LUX, an open‐source blockchain protocol that underpins many of BCF’s proprietary development efforts, and offers fast, highly scalable, and low‐cost blockchain infrastructure for a wide variety of applications. Syscoin LUX, the latest version of the Syscoin Blockchain, introduces a range of…