LONDON: Petershill Partners has completed the sale of most of its stake in General Catalyst for $726 million, reflecting a 62% premium to its $447 million carrying value as of June 2024. This sale is part of a capital restructuring…
LONDON: Carr’s Group has announced the sale of its Engineering Division, comprised of Carr’s Engineering Limited and Carr’s Engineering (US), Inc., to Cadre Holdings, Inc. for a cash consideration of £75 million on a cash-free, debt-free basis. Transaction Highlights: –…
LONDON: DiscoverIE Group plc, a leading international designer and manufacturer of customized electronics, has announced the acquisition of German-based specialist sensor manufacturer Burster Group for €30.6 million (£25.9 million) in an initial cash consideration. The deal will be funded from…
LONDON: Optima Health (AIM: OPT), the UK’s foremost provider of technology-enabled corporate health and wellbeing solutions, announced Thursday an agreement to acquire the entire issued share capital of BHSF Occupational Health Limited from BHSF Group Limited. The acquisition, valued at…
LONDON: IG Group Holdings plc has announced the acquisition of Freetrade, a fast-growing, commission-free, self-directed investment platform, for £160 million. This acquisition aims to strengthen IG’s UK trading and investments offerings and provide access to new customer segments and capabilities….
LONDON: Loungers plc and CF Exedra Bidco Limited, a company indirectly owned by Fortress Investment Group, LLC, have announced an agreement for Bidco to acquire the entire issued and to be issued share capital of Loungers. The acquisition will be…
Wabtec Corporation (NYSE: WAB) has announced a definitive agreement to acquire Evident’s Inspection Technologies division. The division, formerly part of the Scientific Solutions Division of Olympus Corporation, is recognized globally for its industry-leading technologies in Non-Destructive Testing, Remote Visual Inspection,…
TORONTO: Uvaro, a leader in career success and workforce development programs, has acquired tech education leader Lighthouse Labs, becoming one of Canada’s largest workforce development organizations. This acquisition aims to create a national platform and network that will equip individuals,…
The World Bank has released a report emphasizing the urgent need for effective AI governance as artificial intelligence becomes increasingly integral to global economies and societies. The rapid advancement of AI technologies and their widespread adoption across various sectors, including healthcare, finance,…
PARIS: Hamilton Global Opportunities plc (Paris: ALHGO) has announced that it has increased its investment in Exos Financial by subscribing to a convertible loan note, raising its total commitment to the US-based financial institution platform to $9 million. Additionally, HGO…
PARIS: Mobilize, a Renault Group brand dedicated to new mobilities, and Free To X, a subsidiary of Autostrade per l’Italia, have announced a transaction that aims to accelerate the deployment of a high-power charging network across Italy. Through this project,…
LONDON: Thruvision Group plc (AIM: THRU), an international provider of walk-through security technology, announced a strategic review and the potential launch of a formal sale process aimed at maximizing value for shareholders, employees, and other stakeholders. Despite advancements in technology…