LONDON: Capita Plc has announced a £220m deal to extend and expand its customer experience contract with a major European telecoms provider. The deal will see Capita support the telecoms provider’s consumer and business customers across a range of products and services, including mobile phone and TV products, order fulfillment, and customer retention. Capita will…
Tribe Tech and Veracio join forces to develop innovative mining technology
Tribe Technology PLC, a leading developer and manufacturer of autonomous mining equipment, has announced a joint development agreement with Veracio Australia Pty Ltd, a subsidiary of Boart Longyear and a global leader in core and chip sample scanning. The agreement will see the two companies collaborate on a new system for blast hole chip sampling,…
HICL sells US toll-road project for US$232m and launches share buyback
HICL Infrastructure Company Limited (HICL) has announced the sale of its stake in the US Northwest Parkway toll-road project to VINCI Highways SAS for a net consideration of about US$232m, which is 30% higher than its latest valuation. The sale is part of HICL’s strategy to recycle capital from mature assets and invest in new…
Verditek sells solar business to bondholders and reshuffles board
LONDON: Verditek (AIM:VDTK), a clean technology company, has agreed to sell its solar business to a new company owned by its bondholders for £528,340, subject to shareholder approval. The deal will also see the resignation of all the current directors and the appointment of Bob Holt and John Charlton as new directors. The solar business,…
Good Life Plus Plc appoints gaming industry veteran David Craven as new Chairman
LONDON, UK: Good Life Plus Plc, a leading company in the luxury prize draw and rewards sector, has announced the appointment of David Craven as its new Non-Executive Chairman. Craven, who has over 20 years of experience in the global gaming industry, will replace Keith Harris, who has retired from the Board. Craven is best…
QSix appoints Christian Daumann as Chief Executive Officer of QSix Germany
LONDON, UK: QSix, the specialist real estate asset manager, announced that Christian Daumann will be appointed as Chief Executive Officer of its German operations with effect from 1 March 2024. Christian will succeed Jörg Schwagenscheidt, who has been CEO of QSix Germany since 2015. Jörg will remain a partner of QSix Group, focussing on QSix…
Apax Funds acquires controlling stakes in Integrated Environmental Solutions
LONDON, UK: Apax Global Alpha, the closed-ended investment company providing access to the Apax Private Equity Funds, today announced that it will be investing approximately €5.1m in Integrated Environmental Solutions on a look-through basis. On 27th February 2024, the Apax Global Impact Fund (AGI), in which AGA is a limited partner, announced that it has…
Animalcare Group has disposed of Identicare Ltd for £24.9m
LONDON, UK: Animalcare Group plc, the international animal health business, has disposed of its majority shareholding in Identicare Ltd to BG Bidco 21 Limited, a newly incorporated company owned by funds managed by Bridgepoint Advisors II Limited, for a cash consideration of £24.9m payable upon completion of this sale. This represents a significant crystallisation of…
Onelife Senior Living Merges with Ally Senior Living to Expand in Eight States
Onelife Senior Living, a family-owned developer and operator of senior living communities, has merged with Ally Senior Living, a Texas-based operator, to form a new company that will operate in eight states across 19 properties. The deal, which closed in February 2024, will retain Onelife Senior Living name and branding, and will be led by…
VINCI Highways acquires Denver’s Northwest Parkway concession
PARIS, FRANCE: VINCI Highways, a subsidiary of VINCI Concessions, has signed an agreement to acquire NWP HoldCo LLC, the company that holds the concession contract of Denver’s Northwest Parkway, a 14-km section of the city’s ring road in Colorado. The deal involves the purchase of 100% of the concession company, which is currently owned by…
CBRE acquires J&J Worldwide Services
CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm, has completed its acquisition of J&J Worldwide Services, a company that specializes in engineering services, base support operations and facilities maintenance for the U.S. federal government. The deal, which was announced today by CBRE and Arlington Capital Partners, the private investment…
CVC Asis Pacific raises offer for APM to $2.00 per share
SYDNEY: CVC Asia Pacific Limited (CVC) has increased its offer for APM Human Services International Limited (APM) to $2.00 cash per share, up from $1.60, in a bid to acquire the human services provider by way of a scheme of arrangement. APM’s board has agreed to grant CVC a four-week period of exclusivity to 27…