LONDON: Renold plc, a leading international supplier of industrial chains and related power transmission products, has acquired the trade and net assets of MAC Chain Company Ltd (U.S.) and the entire issued share capital of MAC Chain Company Limited (Canada), for a total cash consideration of US$31.4 million. MAC Chain is being acquired on a…
Hill & Smith has acquired Whitlow Electric Service Company for $30.2mn
LONDON: Hill & Smith PLC today announced the acquisition of Whitlow Electric Service Company. The Group has completed the acquisition of the business and assets of Whitlow from its shareholder, Bruce Whitlow, who will be staying with the business. The cash consideration is $30.2m (c.£23m), on a debt and cash free basis. Whitlow Electric Service, located…
Aldon Oils agrees to acquire Calima Energy Inc.
SYDNEY: Calima Energy Limited (ASX:CE1) has entered into a binding definitive agreement with Aldon Oils Ltd. to sell 100% of its ownership in its wholly owned Canadian subsidiary, Calima Energy Inc., the owner of thecompany’s paradise field assets for a cash consideration of A$1.3 million. The proceeds are intended to be used to fund the…
Convergint has acquired Esscoe, a provider of fire and life safety systems
Convergint, a global leader in service-based systems integration, today announced that it has acquired Esscoe, a premier provider of mission-critical security and fire and life safety systems in the Chicago and Midwest regions. Esscoe is a local market leader, offering exceptional design and engineering capabilities and fully integrated, tech-enabled security solutions. The acquisition enables Convergint…
HGGC to sell AMI, a global leader in firmware solutions
HGGC, a values-driven middle-market private equity firm with over $6.9 billion of cumulative capital commitments, today announced that it has signed a definitive agreement to sell AMI (or “the Company”) to investment firm THL Partners. Terms of the private transaction were not disclosed. The transaction is expected to close in Q4 2024, pending regulatory approvals. AMI…
Ardurra Group has acquired W.K. Dickson & Co.
Ardurra Group Inc. (Ardurra) today announced the acquisition of W.K. Dickson & Co. Inc. (WK Dickson), a leading multidisciplinary infrastructure consulting firm based in Charlotte, North Carolina. Ardurra, ranked #84 on Engineering News-Record’s (ENR) Top 500 list, is known for delivering complex engineering and design services to public and private entities across the United States….
Global executive talent platform, True, has acquired Paradigm Search
True, the only tech and data-first global executive talent platform, announced today their acquisition of Paradigm Search, known for their ability to place elite engineering and product leaders. Founder and CEO Matt Johnson and the Paradigm team will join True’s Product, Data & Technology (PDT) practice. “Matt and the Paradigm team have an excellent and…
Dubber Corporation appoints Matthew Bellizia as its new CEO
SYDNEY: Dubber Corporation Limited [ASX:DUB] announced the appointment of Matthew Bellizia as its new CEO, effective from 10 September 2024. Matthew comes to the role with extensive and relevant global technology business experience. His most recent role for 20 years was co-founder and CEO of Mobile Tracking and Data Pty Ltd (MTData), a business which…
ARB Corporation to acquire 4 Wheel Parts business from Hoonigan
ARB Corporation Limited announced that its US based associate ORW USA Inc. has entered into a conditional Asset Purchase Agreement to acquire the 4 Wheel Parts business (4WP) from Hoonigan (formerly Wheel Pros LLC) for approximately US$30 million. 4WP currently operates 42 retail stores and associated e-comm sites, selling 4×4 accessories across the United States….
Pensana Plc signs offtake agreement with Hanwa Co. Ltd
LONDON: Pensana Plc (PRE.LSE) has signed a non-binding Memorandum of Understanding (“MOU”) for an offtake with a major Japanese partner, Hanwa Co. Ltd. The MOU also allows for Hanwa to consider providing financial support and to jointly study support opportunities from Governmental and financial institutions for the various Pensana projects. These include Coola and Sulima…
Steven Noble appointed Chief Investment Officer at Assura Plc
LONDON: Assura plc, the specialist healthcare property investor and developer, has appointed Steven Noble to the newly created role of Chief Investment Officer (“CIO”) to support the business’ short and long-term growth strategy. Steven joins the business effective immediately and will be responsible for implementing Assura’s investment strategy across all healthcare markets, including delivery of…
RUA Life Sciences has acquired Analytic Biosurgical Solutions (Abiss)
LONDON: RUA Life Sciences (AIM: RUA) has acquired the entire issued share capital of Analytic Biosurgical Solutions SAS, for a cash consideration of €80,000 from the French liquidator of IPSA SAS, the former parent company of Abiss. The acquisition will be funded from the Company’s existing cash resources and will be paid in full on…