LONDON: Oakley Capital Investments (OCI), a leading pan-European private equity investor, is pleased to announce that Oakley Capital Fund V has been granted exclusivity with a view to acquiring a co-controlling stake alongside Eurazeo in I-TRACING, the leading independent provider of cybersecurity services in France. The transaction is subject to consultation with I-TRACING’s employee representative…
Oxford Instruments to acquire FemtoTools AG for upto CHF 24 million
LONDON: Oxford Instruments plc, a leading provider of high technology products and services to industry and scientific research communities, has entered into an agreement to acquire FemtoTools AG, a developer of nanoindentation instruments. Completion is subject to certain closing conditions which are expected to be satisfied within the next four weeks. Based in Zurich, Switzerland,…
Hawksworth to retire, Stew Hamilton appointed new CEO of Mercury NZ
SYDNEY, AUSTRALIA: Mercury NZ Limited’s board has announced the upcoming retirement of Vince Hawksworth, the company’s Chief Executive, effective August 31, 2024. Stew Hamilton, currently serving as the Executive General Manager Generation, is set to take over the helm as the new Chief Executive. Vince Hawksworth, who has been at the forefront of Mercury since…
Lightpath to acquire United Fiber and Data
NEW YORK: Lightpath, a leading all-fiber connectivity provider, has announced the signing of a definitive agreement to acquire the assets of United Fiber and Data (UFD). The acquisition, pending regulatory approval, is slated for completion in Q3 of 2024 and is set to enhance Lightpath’s network reach and service offerings. UFD, known for its high-fiber…
ICANN appoints new president and CEO, Kurtis Lindqvist
LOS ANGELES: The Internet Corporation for Assigned Names and Numbers (ICANN) has announced the appointment of Kurtis Lindqvist as its new President and Chief Executive Officer (CEO). Lindqvist, a seasoned industry leader with over three decades of experience, is set to take the helm of the global internet oversight body on December 5, 2024. Tripti…
Securiguard Services Limited appoints Lorna Clamp as new president
VANCOUVER: Securiguard Services Limited has appointed Lorna Clamp as its new President. Clamp, a veteran with over three decades of experience in the field, is set to bring her extensive expertise and a commendable track record to the helm of Canada’s premier safety and security services provider. Under Clamp’s leadership, Securiguard is poised to continue…
IMCD Italy agrees to acquire Selechimica S.R.L.
AMSTERDAM: IMCD N.V., a leading distributor of speciality chemicals and ingredients, announced that IMCD Italy has signed an agreement to acquire 100% of the shares in Selechimica S.R.L., an Italian distributor in the pharmaceutical industry. Headquartered in Milan, Italy, Selechimica distributes an extensive portfolio of Active Pharmaceutical Ingredients (APIs). With 3 employees, Selechimica represents leading…
Mosman Oil and Gas has sold stakes in Nadsoilco LLC
LONDON: Mosman Oil and Gas Limited (AIM: MSMN) the helium, hydrogen and hydrocarbon exploration, development, and production company, sold its interest in Nadsoilco LLC for a consideration of up to US$1.75 million subject to the completion of due diligence by the acquiror. Nadsoilco LLC currently owns the working interest in Stanley, Greater Stanley and all…
Matt Sassone appointed CEO of Tristel Plc
LONDON: Tristel plc (AIM: TSTL), the manufacturer of infection prevention products, announced the appointment of Matthew (Matt) Sassone as Chief Executive Officer (“CEO”) and to the Tristel Board, with effect from 2 September 2024. Matt’s appointment follows the conclusion of a competitive selection programme and he will replace Paul Swinney, the Company’s founder and CEO…
ShopOne Centers REIT expands Atlanta portfolio with Publix at Mt. Zion acquisition
NEW YORK: ShopOne Centers REIT Inc., in collaboration with joint venture partners Pantheon and a prominent global institutional investor, has announced the acquisition of the Publix at Mt. Zion shopping center in Morrow, Georgia. This marks the fourth grocery-anchored neighborhood shopping center acquired by the joint venture within the Atlanta Metropolitan Statistical Area (MSA). “We…
Bain Capital agrees to buy PowerSchool Holdings in $5.6 billion deal
PowerSchool Holdings, Inc. (NYSE: PWSC), a premier provider of cloud-based software for K-12 education, has announced that it has entered into a definitive agreement to be acquired by Bain Capital. The transaction, valued at $5.6 billion, marks a substantial premium over PowerSchool’s last unaffected share price. Under the definitive agreement, PowerSchool stockholders will receive $22.80…
BlockDAG Network raises $42 million, revolutionizes crypto with DAG technology
BlockDAG Network has emerged as a trailblazing project, securing over $42 million in pre-seed funding and capturing the attention of the global crypto community. Since the inception of Bitcoin in 2008, the evolution of digital currencies has been swift, but BlockDAG Network’s innovative approach to addressing the crypto space’s most pressing challenges has set it…