TORONTO: Northleaf Capital Partners, a global private markets investment firm, announced Wednesday that infrastructure funds managed by the firm have acquired PowerStream Energy Services from Alectra Energy Services Inc., an affiliate of Alectra Inc. The transaction was executed through a tuck-in acquisition by Provident Energy Management Inc., a Northleaf portfolio company. Financial terms were not…
Fragbite Group to sell Playdigious SAS for EUR 10.5 million
STOCKHOLM: Fragbite Group AB has today signed an agreement to divest all its shares in subsidiary Playdigious SAS for a consideration of EUR 10.5 million, corresponding to approximately SEK 115 million, on a cash-free, debt-free basis. The net consideration is paid in cash. In addition, Fragbite Group obtains 90 percent of the net revenue from…
Legrand acquires majority stake in Cogelec, plans full takeover
PARIS: Legrand SA has acquired a controlling interest in Cogelec, a French access control systems specialist, through the purchase of Cogelec Développement, the companies announced Wednesday. The deal, finalized Oct. 7, 2025, gives Legrand indirect ownership of 60.09% of Cogelec’s share capital and 75.07% of its voting rights. The acquisition was made at €29 per…
Eastern Metals to acquire Raptor Resources
SYDNEY: Eastern Metals Limited (ASX: EMS) announced Tuesday it has entered an agreement to acquire 100% of Raptor Resources Limited, an unlisted Australian exploration company with a portfolio of copper and gold assets in Canada and Western Australia. The transformational deal, outlined in a Bid Implementation Agreement, will see Eastern Metals issue securities to Raptor shareholders….
Qualcomm acquires Italy’s programmable circuit board maker, Arduino
SAN DIEGO: Chipmaking giant Qualcomm said Tuesday it is acquiring Arduino, a move aimed at embedding its technology with the tinkerers and startups who are building the next generation of robots and intelligent devices. Arduino, an Italy-based maker of inexpensive, programmable circuit boards, is a staple in university labs, hardware startups and hobbyist workshops for…
Canter Power Systems acquires Optimize Generator People to expand gulf coast footprint
GREENSBORO: Canter Power Systems, a Generac Power Premier Pro dealer and one of the largest independent residential backup generator providers in the U.S., has acquired Optimize Generator People, a leading Louisiana-based installer and service provider of home standby generators. This marks Canter’s sixth strategic acquisition since partnering with Rotunda Capital Partners in 2021. Founded in…
Mixpanel acquires DoubleLoop to embed AI into business strategy analytics
SAN FRANCISCO: Digital analytics firm Mixpanel said on Tuesday it has acquired DoubleLoop, a startup specializing in AI-powered business value frameworks, as it seeks to help companies quickly identify key growth drivers. The deal aims to integrate DoubleLoop’s artificial intelligence technology directly into Mixpanel’s platform, accelerating how product and marketing teams connect their daily work…
Court sanctions WSP’s final cash acquisition of Ricardo PLC
LONDON: Ricardo PLC said Tuesday that the High Court of Justice has sanctioned its recommended final cash acquisition by WSP Group Limited, a wholly owned subsidiary of WSP Global Inc., paving the way for the deal to become effective on Oct. 9. The acquisition, first announced on June 11, will be implemented through a scheme…
Schroder British Opportunities Trust makes equity investment in CSL Group
LONDON: Schroder British Opportunities Trust plc (SBO) confirmed a new private equity investment in CSL Group (CSL), a critical IoT connectivity business. Founded in 1996 as a UK alarm signalling provider, CSL has grown into a European leader in critical connectivity, now trusted with ensuring over 3 million connections across diverse industries. This transaction represents…
Beacon Energy to acquire stake in LNEnergy; Eyes strategic entry into Italian gas market
LONDON: Beacon Energy plc (AIM: BCE) said Tuesday it has signed a binding, conditional share purchase agreement with Reabold Resources plc to acquire a significant stake in LNEnergy Limited, marking a strategic entry into Italy’s onshore gas sector. The proposed transaction, classified as a reverse takeover under AIM rules, will give Beacon Energy up to…
M&C Saatchi has acquired The Women’s Sports Group Limited
LONDON: M&C Saatchi plc announced its skill enhancing acquisition of The Women’s Sports Group Limited (WSG), funded by available cash on the balance sheet. WSG is a leading specialist advisory and media rights consultancy in women’s sport. The business delivers services across media rights, broadcast strategy, brand partnerships, production, data and insights, and communications. s…
Robe River joint venture to invest $733 million to extend West Angelas iron ore mine in Western Australia
LONDON: Rio Tinto, Mitsui and Nippon Steel will invest $733 million1 (Rio Tinto share $389 million) to develop the West Angelas Sustaining Project, part of the Robe River Joint Venture in Western Australia’s Pilbara region. The project, to develop new iron ore deposits in the West Angelas hub, has now received all necessary State and Federal…