LONDON; Apax Global Alpha (AGA), the closed-ended investment company providing access to the Apax Private Equity Funds, today announced that it expects to invest approximately €29m in Veriforce on a look-through basis. The Apax XI Fund (Apax XI), in which AGA is a limited partner, has reached a definitive agreement to acquire a controlling stake in…
Nexteq Plc appoints Duncan Faithfull as Group Chief Executive Officer
LONDON: Nexteq Plc (AIM: NXQ), a leading technology solutions provider to customers in selected industrial markets, today announces that Duncan Faithfull, currently Gaming Business Leader and Chief Commercial Officer at Nexteq, has been appointed to the Board as Group Chief Executive Officer with immediate effect. Duncan joined the Group in 2020 to lead the Quixant division where…
Vection Technologies to acquire all the shares in generative AI firm The Digital Box
SYDNEY: Vection Technologies Ltd (ASX:VR1) has entered into an agreement to acquire all the shares in The Digital Box S.p.A. (TDB), a generative Artificial Intelligence (AI) company. The Digital Box is a technology company that develops and markets 3D and AI platforms based on advanced natural language processing technology. This technology enables voice interaction with data, services,…
Frasers Group buys 14.65% strategic interest in Accent Group
LONDON: Frasers Group plc has purchased a 14.65% strategic investment in Accent Group Limited, the leading retail and distribution business in the performance and lifestyle market in Australia and New Zealand. Accent is a premium distributor, bringing many of the worlds’ best brands to market. In Full Year 2024, Accent delivered AUD$1.6bn of sales from nearly…
John Wood signs deals to sell EthosEnergy and CEC Controls Company
LONDON: John Wood Group has signed separate sales agreements for the disposals of two businesses, which together are expected to generate net proceeds of around $165 million in 2024, including loan notes of up to $42 million. The Group has signed deals for the sale of its stake in Ethos Energy Group Limited, a joint…
Web3 streaming platform myco raises $10 million for its Series A funding
Dubai: UAE-based Web3 streaming platform, myco, has successfully completed the first closing of its Series A funding, raising $10 million from prominent venture investors across MENA, North America and Europe. Key participants include Daman Investments, Aptos Labs, B Digital, Mocha Ventures, Art3 Foundation, Ghaf Capital Partners, Mix Media Network, Factor6 Capital Partners, and Enjinstarter, along…
Flowtech Fluidpower has acquired Thomas Wright/Thorite Group
London: Flowtech Fluidpower plc (AIM: FLO), the specialist technical provider of fluid power and motion control products and engineering services announces the acquisition of the business and certain assets of Thomas Wright/Thorite Group Limited. The transaction completed immediately following the appointment of Administrators, Interpath Advisory to Thorite. Mike England, CEO of Flowtech said: “We are delighted to acquire this well-respected brand…
Tasmea Limited signs deal to acquire Future Engineering Group
SYDNEY: Tasmea Limited has executed share and unit purchase agreement to acquire 100% of the units and shares in Future Engineering Group (FEG), which includes Future Engineering & Communication Unit Trust (FEC) and its associated entities Future Power Pty Ltd, Rollwell Pty Ltd and Westplant Pty Ltd. Completion is expected to occur on or about…
Strata Investment Holdings agrees to acquire SCP Resource Finance
SYDNEY: Strata Investment Holdings (ASX: SRT) has entered into a binding letter agreement to acquire 1000433639 Ontario Inc., the parent company of SCP Resource Finance LP and SCP Resource Finance GP Inc. SCP Resource Finance LP is a leading and independent investment dealer specialising in the global mining sector. SCP, originally established as Sprott Capital…
Husqvarna Group to acquire Brazilian digital platform InCeres
STOCKHOLM: Husqvarna Group has signed an agreement to acquire the Brazilian company InCeres, a digital platform in the professional light agriculture segment. InCeres is an expert in soil analysis that facilitates decision-making and improves productivity for farmers. Its precise agriculture digital platform will act as the cornerstone for establishing Husqvarna Group’s Total Farm Management offering…
evoke plc acquires New Gambling Solutions operates Winner.ro
LONDON: evoke Plc (LSE: EVOK), a betting and gaming company announced the acquisition of New Gambling Solutions S.R.L (NGS), which operates Winner.ro, the #7 online betting and gaming operator in Romania. evoke will inject its Romania business plus a cash consideration of €10 million (on a debt-free, cash-free basis) in exchange for a 51% share in the…
Spirit Technology to acquire Forensic IT Solutions Pty Ltd for $7.6 million
SYDNEY: Spirit Technology Solutions (ASX:ST1) has entered into a binding share purchase agreement to acquire 100% of the issued shares in Forensic IT Solutions Pty Ltd for an aggregate consideration of approximately $7.6 million and the issue of $1.6 worth of ordinary shares in Spirit at an issue price of $0.05941 per share. Forensic IT…