LONDON, UK: Unite Students, the UK’s leading owner, manager and developer of student accommodation, has acquired 180 Stratford, a 178-unit purpose-built build-to-rent (‘BTR’) property in Stratford, East London for £71m. The acquisition will enable the Group to test its operational capability to extend its accommodation offer to young professionals and retain them as customers as…
Intercede Group has acquired Authlogics for upto £5.5 million
LONDON, UK: Intercede Group PLC (AIM: IGP), a leading supplier of Public Key Infrastructure Credential Management Software, announced the acquisition of Authlogics Ltd, a Multi Factor Authentication (‘MFA’) and Password Security Management (‘PSM’) software vendor, for initial consideration of £2.5 million plus a further deferred conditional and staged earnout payment of up to £3 million. Acquisition…
EVZ Limited has acquired Tank Industries, a division of Hunt Engineering & Staff
SYDNEY, AUSTRALIA: EVZ Limited (ASX:EVZ), a leading provider of innovative engineering solutions, announced the acquisition of Tank Industries, a business division of Hunt Engineering & Staff Pty Ltd, expanding EVZ’s presence and solutions across a range of water aligned industries. Highlights • Acquisition of Tank Industries for a nominal cash consideration funded from free cashflow….
Duratec Limited signs deal to acquire Wilson’s Pipe Fabrication for up to $18.0 million
PERTH, AUSTRALIA: Duratec Limited (ASX: DUR), has signed a share purchase agreement to acquire 100% of the shares, business assets, intellectual property and undertakings owned and used by Wilson’s Pipe Fabrication (WPF) for Up to a maximum total of $18.0 million. Commenting on the acquisition, Duratec’s Managing Director, Phil Harcourt, said: “Wilson’s Pipe Fabrication is…
Why Is Heavy Equipment Certification Important
Did you know that the global construction equipment market is predicted to reach $250 billion by 2025? You’ve never owned heavy equipment before. You might have just bought your first piece of heavy construction equipment. If that’s the case, you may be wondering about a specific issue. That issue is heavy equipment certification. You might…
ESO Investments closes £2.0 million investment into Denzel’s Limited
LONDON, UK: ESO Investments 1 has completed a £2.0 million growth capital investment into Denzel’s Limited. Denzel’s is a fast-growing, healthy and sustainable premium dog snacks brand. Denzel’s products are made in the UK and Ireland using entirely natural ingredients and 100% plastic-free eco-friendly packaging. Denzel’s Limited operates an omni-channel distribution strategy, underpinned by listings…
3 Reasons Why Phishing Is Getting More Frequent
Remote working has made it easier for organizations to work from multiple locations and improve their working efficiencies. Since maintaining a remote workplace is much cheaper when compared to a physical office, businesses have started preferring a remote workspace. However, this increased preference has also caught the attention of cybercriminals, who are also leveraging technology…
Telenor to divest 30% of Telenor Fiber AS in Norway for NOK 36.1bn
OSLO, NORWAY: Telenor has entered into an agreement to divest 30% of the newly established company Telenor Fiber AS in Norway to a consortium led by KKR and Oslo Pensjonsforsikring. The transaction is expected to be completed early 2023. The agreed sales price represents an enterprise value for the Norwegian fibre business of NOK 36.1…
Helium Ventures agreed to acquire Vestigo Technologies (Trackimo)
LONDON, UK: Helium Ventures plc (AQSE:HEV), a special purpose acquisition vehicle, has conditionally agreed to acquire Vestigo Technologies, which owns and distributes its advanced tracking software product, Trackimo and associated hardware business and intellectual property The purchase consideration is to be satisfied by the issue of ordinary shares in Helium Ventures. The existing ordinary shares…
Sondrel Holdings announces IPO on London Stock Exchange
LONDON, UK: Sondrel Holdings plc announce proposed admission to trading on AIM and proposed placing, conditional on, amongst other things, admission of 36,363,636 new ordinary shares of £0.001 pence each at a price of 55.0 pence per Ordinary Share. The placing received strong support from institutional investors and will raise a total of £20.0 million,…
Paymob and PAFLA Sign MOU to Fuel Growth in Pakistan’s Freelance Market
KARACHI, PAKISTAN: Paymob and Pakistan Freelancers Association (PAFLA) signed a memorandum of understanding (MOU) to facilitate payments acceptance for freelancers in Pakistan. The MOU will allow freelancers to seamlessly accept payments in a secure ecosystem via the Paymob payments gateway. Gaining access to a variety of digital payments methods enables freelancers in Pakistan to offer…
Waldorf Energy to acquire Dana and TAQA oil and gas businesses
OSLO, NORWAY: Waldorf Energy Netherlands B.V. (WEN) has entered into definitive agreements with Dana Petroleum Limited and Taqa Energy B.V. to acquire their respective upstream businesses in the Netherlands. The financial terms of the transaction are not being disclosed. The transaction remains subject to obtaining final regulatory and other third-party approvals. Waldorf Energy Netherlands is…