RIYADH, KSA: SAUDIA, the national flag carrier of Saudi Arabia, has announced the launch of “Your Ticket Your Visa”. The first-of-its-kind service provides guests with even easier access to the Kingdom through a digital integration system that links transit visas with flight tickets. “Your Ticket Your Visa” service is introduced in collaboration with the Ministry…
Lloyds Banking Group makes investment in Ocula Technologies Holdings Ltd
LONDON, UK: Ocula Technologies Holdings confirmed that it has received new investment from Lloyds Banking Group and their Fintech Investment Team. Lloyds Banking Group’s investment is in the form of new equity capital and completes the funding round previously announced in November 2022. Less than two years since its formation, it values Ocula on a…
Capita agrees to sell its resourcing businesses to Inspirit Capital for £21mn
LONDON, UK: Capita plc has agreed to sell its resourcing businesses Capita Resourcing, HR Solutions and ThirtyThree to Inspirit Capital, for £21 million on a cash free, debt free basis. Capita expects to receive cash proceeds of £17m – which includes a deferred payment of c.£7m receivable by Capita on 30 November 2023. These businesses…
Foxtons acquires Atkinson McLeod Limited for £7.4 million
LONDON, UK: Foxtons Group announced the acquisition of Atkinson McLeod Limited for a consideration of £7.4m, adjusted for current assets less total liabilities at completion, which will be funded through the Group’s existing cash resources. Atkinson McLeod is a high-quality estate agent, operating in Central East London across four branches, with a strong lettings business…
Macfarlane Group acquires Suttons Performance Packaging for £9.0 million
LONDON, UK: Macfarlane Group announced the acquisition of A.E. Sutton Limited, trading as Suttons Performance Packaging, a specialist protective packaging manufacturing business based in Cambridgeshire. The earnings enhancing acquisition is in line with Macfarlane’s declared strategy of building its protective packaging business through a combination of organic and acquisitive growth. Founded in 1962, Suttons supplies…
FSJ.L sells its nuclear decommissioning business, James Fisher Nuclear Holdings
LONDON, UK: James Fisher and Sons (FSJ.L), the leading provider of marine services, announces that it has sold the entire issued share capital of James Fisher Nuclear Holdings Limited (JFN) and related properties to Myneration Limited, a wholly-owned investment vehicle of Rcapital Partners LLP. James Fisher Nuclear Holdings is a supplier of specialist engineering, manufacturing…
AssetCo to acquire Ocean Dial Asset Management from Avendus Capital for £4.125mn
LONDON, UK: AssetCo (AIM: ASTO), the agile asset and wealth management company, has reached agreement to acquire the entire issued share capital of Ocean Dial Asset Management from Avendus Capital Asset Management (UK) Limited for a total consideration of £4.125 million. The consideration will be satisfied by the delivery of 2,928,258 ordinary shares of £0.01…
File Storage Partners to double Filecoin cloud data storage capacity utilization
OSLO, NORWAY: File Storage Partners (FSP) has signed a contract with Alignment Engine Inc., a U.S.-based technology company, to double the utilization of its Filecoin data storage capacity. DLTx Cloud subsidiary FSP has signed a contract with Aligned in order to more than double the current Quality Adjusted Power (“QAP”) footprint of its Filecoin cloud…
Sims Limited to sell its 50% shareholding in LMS Energy Australia
SYDNEY, AUSTRALIA: Sims Limited commenced a process to sell its 50% shareholding in LMS Energy Pty Ltd (LMS), Australia’s leader in biogas-to-energy and methane abatement from waste. Founded in 1996, LMS owns and operates 36 biogas-to-energy facilities, 26 biogas flaring facilities and six solar projects. The LMS business collectively generates approximately 600,000 MWh of renewable…
Picking a Sales-Boosting Marketing Plan: 6 Strategies to Consider
Starting with a strategy that can boost your bottom line requires consideration of several key points from customer segmentation strategies to how ROI is calculated and tracked. Many CEOs and marketing teams are focused on finding ways to increase their success rate – but where do you start? In this blog post, we review six…
Cash Converters International to acquire Capital Cash for ₤13.9 million
SYDNEY, AUSTRALIA: Cash Converters International Limited (ASX: CCV) announced the execution of a Sale and Purchase Agreement (SPA) for the acquisition of Capital Cash Ltd for a total consideration of up to ₤13.9 million. Cash Converters is currently the Master Franchisor to 188 stores in the UK, of which Capital Cash is the largest group…
Teaminvest to acquire Enva Australia and Enva Holdings
SYDNEY, AUSTRALIA: Teaminvest Private Group Ltd (ASX: TIP) has agreed to acquire 100% of the shares in: (a) Enva Australia Pty Ltd and Enva Holdings Pty Limited (together, Enva) from its founder and staff. Enva is a boutique financial advisory business headquartered in Adelaide with approximately $400 million of funds under advice (FUA). The consideration…