LONDON, UK: Apax X Fund, in which AGA is a limited partner, has signed a definitive agreement to acquire a majority ownership stake in Infogain, a Silicon Valley-based leader in digital platforms and software engineering services. The transaction is expected to close in Q3 2021, subject to customary closing conditions. On a look through basis,…
SulNOx Group signs collaboration agreement with The Hythe Group
LONDON, UK: The board of directors of SulNOx Group announced a collaboration agreement with The Hythe Group, a UK-based group specialising in the provision of premium mechanical, building, design and engineering services. This far-reaching arrangement is to bring together the unique environmental science of SulNOx and the maritime engineering skills of Hythe Marine Services (a…
Scirocco plans investment into Energy Acquisitions Group and entrance into biogas market
LONDON, UK: Scirocco Energy announced proposed investment into Energy Acquisitions Group Ltd (EAG), a specialist acquisition and operating vehicle in the sustainable energy sector. This investment of £1.2 million will be funded from current cash resources and signals the Company’s first investment as part of the Company’s revised strategy that targets opportunities within the energy…
Titan Wealth Holdings to acquire Tavistock Wealth Limited for £40 million in cash
LONDON, UK: Tavistock Investments Plc has entered a 10-year strategic partnership with Titan Wealth Holdings Limited (Titan). In addition, as a part of the arrangements Titan has agreed to acquire Tavistock Wealth Limited (TWL), Tavistock’s multi-asset manager with over £1 billion of funds under management (FUM), for a consideration of up to £40 million in…
LINK Mobility to acquire a leading US based CPaaS provider for $260 million
OSLO, NORWAY: LINK Mobility is in exclusive negotiations to acquire a leading US based CPaaS provider, to accelerate LINK’s strategic expansion into the rapidly growing CPaaS market in North America. The proposed acquisition will add an estimated NOK 232 million and NOK 143 million to LTM pro forma 1Q21 gross profit and cash EBITDA respectively….
VH Global Sustainable Energy Opportunities completes $4m acquisition in Brazil
LONDON, UK: VH Global Sustainable Energy Opportunities plc – a £243m London-listed Investment company advised by Victory Hill Capital Advisors LLP – is pleased to announce the completion of its acquisition of the first $4m tranche out of its $63m commitment. The initial tranche will fund the construction of four projects across Rio de Janeiro,…
Sound Energy signs agreement to acquire Schlumberger Silk Route Services Limited in a profit sharing deal
LONDON, UK: Sound Energy plc has entered into a sale and purchase agreement with Schlumberger Holdings II Limitedto acquire the entire issued share capital of Schlumberger Silk Route Services Limited (SSRS). Schlumberger Silk Route Services Limited (SSRS) holds a 27.5% participating interest in the Anoual and Greater Tendrara exploration permits in Eastern Morocco together with…
JLEN acquires Cramlington Renewable Energy Developments Ltd
LONDON, UK: JLEN Environmental Assets Group Limited announced the acquisition of a 100% equity stake in Cramlington Renewable Energy Developments Ltd (CRED), which owns a Biomass Combined Heat and Power plant and its underlying contracts. The acquisition of CRED, for an undisclosed amount, was made on a debt-free basis and represents JLEN’s first investment into…
Bremworth signs up to New Zealand Farm Assurance Programme
AUCKLAND, NEW ZEALAND: Kiwi carpet manufacturer, Bremworth, has signed up to the New Zealand Farm Assurance Programme (NZFAP), signalling its support for and adoption of a national wool standard. NZFAP provides assurance to consumers about the integrity, traceability, biosecurity, environmental sustainability, and animal health and welfare of New Zealand’s primary sector products. Bremworth joins 20…
CEO of Livestock Improvement Corporation to step down
AUCKLAND, NEW ZEALAND: Livestock Improvement Corporation (NZX: LIC) Chief Executive Wayne McNee has advised the Board of his intention to step down on 30 November after eight years in the role. Livestock Improvement Corporation (LIC) Chair Murray King said that through a significant business transformation Wayne McNee has contributed to sustained growth and development of…
SHUAA to launch new digital wealth platform to serve high net worth individuals
DUBAI, UAE: SHUAA Capital psc announced its intention to launch a new Digital Wealth Platform to serve existing clients as well as the next generation of investors. To steer the company’s innovative and ambitious digital proposition, which will operate as an independent fintech platform, SHUAA has appointed ex-Visa and Google alumnus, Hadi Raad, in the…
Financial strength of Blue Cross Life Insurance of Canada under review with negative implications
OLDWICK: AM Best has recorded negative implications for the Financial Strength Rating of Blue Cross Life Insurance Company of Canada (BCLIC) after it selected an investment manager facing fraud investigations. AM Best has recorded negative implications for the Financial Strength Rating of Blue Cross Life Insurance Company of Canada (BCLIC) and placed the ratings of…