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…
Netcall acquires digital process automation firm, Govtech for £13 million
LONDON: Netcall plc (AIM: NET), a leading provider of intelligent automation and customer engagement software, has acquired Govtech Holdings Limited, a digital process automation company. Headquartered in Cirencester, Gloucestershire, Govtech serves around 50 local authorities including Leeds City Council, The City of Edinburgh Council and Bristol City Council. All 39 employees, including the founders, will…
Kazera Global to buy shareholding in Deep Blue Minerals and Whale Head Minerals
LONDON: Kazera Global plc (AIM: KZG) has entered into an agreement with Tectonic Gold PLC to purchase Tectonic’s 10% shareholdings in both Deep Blue Minerals (Pty) Ltd (“DBM”) and Whale Head Minerals (Pty) Ltd (“WHM”), along with Tectonic’s economic interest in loans it has with WHM’s Black Economic Empowerment (“BEE”) partners. This will bring Kazera’s…
WPP Plc to sell its 50% stake in FGS Global to KKR for £611mn
LONDON; WPP plc (LSE/NYSE: WPP) has entered into an agreement to sell its entire majority stake in leading strategic communications and advisory firm, FGS Global, to Kite Bidco Inc., an entity controlled by investment funds managed or advised by Kohlberg Kravis Roberts & Co. L.P. (“KKR”). KKR first made a minority investment in the firm…
Mueller Industries acquires Elkhart Products Corporation
Mueller Industries Inc. (NYSE: MLI) has acquired Elkhart Products Corporation (EPC), a U.S. manufacturer of copper solder fittings, with two manufacturing locations in Elkhart, Indiana, and Fayetteville, Arkansas. Regarding the acquisition, Greg Christopher, Mueller’s CEO said, “We expect the addition of EPC to significantly accelerate the recovery of our Covington, Tennessee -based copper fittings business,…
Thoughtworks to be taken private by Apax Funds for $4.4/share
LONDON: Thoughtworks, a portfolio company in the Apax IX Fund, in which Apax Global Alpha Limited (AGA) is a limited partner, has announced that it has entered into a definitive agreement to be taken private by Apax Funds for $4.40 per share, which implies a total enterprise value of $1.75bn for Thoughtworks. At the purchase price, the…
YouGov has acquired New Zealand based, Yabble
LONDON: YouGov Plc, the international research and data analytics group, announced the acquisition of Yabble, a New Zealand based company pioneering the use of generative AI to deliver audience insights. The acquisition will see YouGov acquire Yabble’s technology to power new and valuable insights for clients across the world, while also seeing YouGov’s data become the…
Cheniere Energy to buy 0.5 million tons of LNG from Galp Trading a year
Cheniere Energy Inc. (NYSE: LNG) through subsidiary Cheniere Marketing LLC, entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Galp Trading S.A., a subsidiary of Galp Energia, SGPS, S.A. Under the agreement, Galp Trading has agreed to purchase approximately 0.5 million tonnes per annum (“mtpa”) of LNG for 20 years…
Woodside Energy to acquire OCI Clean Ammonia Holding for $2.35 billion
SYDNEY: Woodside Energy has entered into a binding agreement to acquire 100% of OCI Clean Ammonia Holding B.V., and its lower carbon ammonia project in Beaumont, Texas (Project) for an all-cash consideration of approximately $2,350 million. The Project is under construction and targets production of first ammonia from 2025 and lower carbon ammonia from 2026….
Mindflair plc makes additional investment in Sure Ventures plc
LONDON: Mindflair plc, the company that invests in next-generation technology focused on AI, announces that it has agreed to subscribe £300,000 for 315,790 new shares in Sure Ventures plc (“SV plc”) at a price of 95 pence per share. Prior to the Subscription, Mindflair held 1,501,000 ordinary shares in SV plc, representing a 20.5% shareholding…
DCB Sports signs intent to acquire Guild eSports
LONDON: DCB Sports LLC has signed a letter of intent pursuant to which DCB Sports will acquire 100% of the assets of Guild Esports (LSE:GILD) as well as assuming all disclosed liabilities of the Company There is no guarantee that the Transaction will complete, and Guild remains in discussions with other parties. DCB Sports will…
HgCapital Trust will invest £11.5 million in CTAIMA and e-coordina
LONDON: HgCapital Trust plc (HgT), announced an investment in CTAIMA and e-coordina, who join forces to create leading Iberian contractor management, risk and compliance software platform. HgT will invest approximately £11.5 million in CTAIMA and e-coordina, with other institutional clients of Hg investing alongside HgT through the Hg Mercury 4 Fund. Headquartered in Tarragona, Spain, CTAIMA was…