CVC Advisors Limited led consortium through indirectly owned Harp Bidco Limited, has made final cash offer to acquire Hargreaves Lansdown plc (HL) at the rate of 1,140 pence in cash/share. The cash offer values HL’s entire issued, and to be issued, ordinary share capital at approximately £5.443 billion on a fully diluted basis. Hargreaves Lansdown plc (HL) is…
Hill & Smith acquires Trident Industries for upto $46 million
LONDON: Hill & Smith plc, the international provider of sustainable infrastructure products and services, announced the acquisition of Trident Industries LLC. The group has completed the acquisition of the business and assets of Trident for an initial cash consideration of $13.5m (c.£10.6m), on a debt and cash free basis. Further cash consideration of up to $32.5m…
Nokia and Swisscom Broadcast to deploy largest Drones-as-a-Service network in Switzerland
Swisscom Broadcast has selected Nokia to deploy a nationwide Drones-as-a-Service network across Switzerland. 300 Nokia Drone-in-a-Box units are planned for deployment to enable emergency response, perimeter protection and infrastructure inspection, which will help keep public safety workers safe. This will be the second nationwide Nokia Drone Networks project after Belgium’s Citymesh deployment. It will support…
Genuit Group has acquired Sky Garden Limited, Omnie and Timoleon for a total £5.0 million
LONDON: Genuit Group plc, the UK’s largest provider of sustainable water, climate and ventilation solutions for the built environment, announced the acquisition of Sky Garden Limited, Omnie and Timoleon. Sky Garden Limited is a leader in green roof technologies providing design, supply, installation and maintenance services for green and bio-solar roofs, podium decks and green…
Assura to acquire Northwest Healthcare’s UK private hospitals for £500 million
LONDON: Assura plc has agreed with Northwest Healthcare Properties to acquire its fully operational UK Private Hospital Portfolio comprising 14 assets for a consideration of £500 million. This will be fully funded through a mix of cash and shares. Assura believes there is significant opportunity in the structurally-supported private hospital market with strong growth potential and attractive…
Zimmer Biomet agrees to acquire OrthoGrid Systems
WARSAW: Zimmer Biomet Holdings Inc. (NYSE: ZBH), a global medical technology leader, signed a definitive agreement to acquire OrthoGrid Systems Inc., a privately-held medical technology company focused on artificial intelligence (AI)-driven surgical guidance systems for total hip replacement. The acquisition includes OrthoGrid’s AI-powered, fluoroscopy-based surgical assistance platform Hip AI, as well as two additional FDA-cleared…
Philippine Risch appointed new CEO of BNG Bank N.V.
THE HAGUE: On 1 October, Philippine Risch will become the new CEO and Chairman of the Executive Committee of BNG Bank N.V. (BNG). The Supervisory Board of BNG has appointed Ms Risch for a term of four years. Ms Risch will succeed Gita Salden, who joined the Executive Board of De Nederlandsche Bank (DNB) in…
Constellation Cold Logistics agrees to acquire Agri-Norcold A/S.
LONDON: Constellation Cold Logistics has entered into an agreement to acquire Agri-Norcold A/S. The transaction brings Constellation’s first entry into the Danish market, strengthening its European footprint and service offering in the Nordics for existing and new customers. Agri-Norcold, headquartered in Aalborg, Denmark, has been the leading player in the Danish cold storage industry since…
dss+ has acquired Infrata, a global infrastructure advisory firm
GENEVA: dss+ announced the acquisition of Infrata, a leading global infrastructure advisory firm. With the addition of Infrata, dss+ expands its capabilities in technical, commercial and demand advisory services for lenders, investors and sponsors of infrastructure projects around the world. “Infrastructure is the backbone of strong, healthy communities and economies. We at Infrata are proud…
Adenia sells African payment industry player, OMOA, to SPE Capital
ABIDJAN, Côte d’Ivoire: Adenia, a leading private equity firm focused on growth opportunities in Africa, has finalized the sale of its 100% equity stake in OMOA Group to SPE Capital, a private equity firm focused on the Middle East and Africa. Founded in 1999, OMOA is the leading integrated service provider for the payments industry in West and…
Qatar Investment Authority announces an initial $180m investment in TechMet
DOHA: Qatar Investment Authority (QIA) has announced today an initial $180m investment in TechMet, reflecting QIA’s commitment to secure the supply of responsibly sourced critical minerals. TechMet is an investment company focused on building businesses across the critical minerals value chain, from extraction and processing to refining and recycling. This investment aligns with QIA’s ambition…
AGA to acquire greytHR, a Human Resource Management Software platform
LONDON: Apax Global Alpha Limited (AGA), the closed-ended investment company, expects to invest approximately €2.5m in greytHR on a look-through basis. On 5 August 2024, the Apax Digital Fund II (“ADF II”), in which AGA is a limited partner, announced a strategic investment in greytHR, a leading full suite Human Resource Management Software (“HRMS”) platform…