LONDON, UK: Kin + Carta plc, the international digital transformation (“DX”) company announced the appointment of Adam Hasemeyer as the Group CEO of Kin + Carta’s Americas region following a comprehensive search and selection process. Adam joined Kin + Carta through acquisition three years ago, having most recently held the role of President of the…
Halfords Group has acquired Lodge Tyre Company for £37.2 million
LONDON, UK: Halfords Group, the UK’s largest provider of Motoring and Cycling products and services, announced the acquisition of LTC Trading Holdings and its subsidiary Lodge Tyre Company for total consideration of £37.2 million with £33.2 million paid on completion and £4 million paid in FY25 subject to performance. Graham Stapleton, Chief Executive Officer of…
Vonex Limited agreed to acquire OntheNet for $9.6 million
SYDNEY, AUSTRALIA: Vonex Limited (ASX: VN8) has agreed to acquire 100% of the shares of Network Technology trading as OntheNet for $9.6 million, comprising $7.7 million of cash consideration payable on completion and $1.9 million of escrowed shares, contingent upon customer related metrics. Vonex Managing Director, Matt Fahey, said: “This is a highly strategic acquisition…
New Zealand Coastal Seafoods to acquire 100% Nine Ocean Group
AUCKLAND, NZ: New Zealand Coastal Seafoods Limited (ASX:NZS) has entered into a binding share purchase agreement with PXYY Pty Ltd and Nine Ocean Fishery Pty Ltd and Investment Advisers Alliance Pty Limited to acquire 100% Nine Ocean Group. It is a condition precedent of the transaction that the company also enters into a share purchase…
Multiply Group acquires 80% of International Energy Holding
ABU DHABI, UAE: Multiply Group (ADX: Multiply), an Abu Dhabi-based holding company, has acquired 80% of International Energy Holding LLC. Alpha Dhabi Holding PJSC purchased 20% of International Energy Holding shares (a subsidiary of International Holding Company PJSC). International Energy Holding recently acquired a 50% stake in Kalyon Enerji Yatrimlari A.Ş., a market leading clean…
Abu Dhabi Commercial Bank to divest Abu Dhabi Commercial Properties
ABU DHABI, UAE: In line with Abu Dhabi Commercial Bank’s (ADCB) strategy to focus on growth of core businesses, the Bank is evaluating the opportunity to divest Abu Dhabi Commercial Properties (ADCP). Accordingly, ADCB has entered into discussions on the potential sale of ADCP. This process may or may not result in a transaction, and…
Prime Financial acquires 100% ownership of Intello
SYDNEY, AUSTRALIA: Prime Financial Group (ASX:PFG) has entered into an agreement to acquire 100% ownership of Intello Pty Ltd, a market leading B2B Self-Managed Superannuation Fund (SMSF) Administrator providing services to Accountants, Financial Advisers and their clients across Australia. Approximately 10% ($2.8 million) of Prime’s FY22 revenue was generated through the SMSF service line. The…
Mal Maginnis appointed new CEO of Ava Risk Group
SYDNEY, AUSTRALIA: Ava Risk Group Limited (ASX: AVA) announced Mal Maginnis will join the Company on 9 January 2023 as Chief Executive Officer, replacing Rob Broomfield, who will retire as CEO and Director. Mal Maginnis will join the Board of Directors in due course. Mal Maginnis is a seasoned leader of global technology-enabled businesses with…
Hg Capital becomes majority investor in TrustQuay
LONDON, UK: TrustQuay, a leading technology provider to the global trust, corporate and fund services industry, has today announced that Hg Capital, a leading software and services investor, has become majority investor in the business. TrustQuay provides entity management, client accounting, practice management, compliance and workflow software for trust, fund and corporate service providers around…
Gateley acquires Symbiosis IP Limited for £2.5 million
LONDON, UK: Gateley, the legal and professional services group, announced the acquisition of Symbiosis IP Limited for a maximum consideration of circa £2.5 million. Founded in 2008 by Directors, Julie Myint and Rob Docherty, Symbiosis IP is a chartered patent attorney firm specialising in IP services for the life sciences industry. Symbiosis IP is the…
Uniphar plc has acquired US healthcare agency Inspired Health
LONDON, UK: Uniphar plc announced the acquisition of Boston, MA headquartered Inspired Health. Inspired is a healthcare insights and intelligence consultancy. Using innovative market research techniques, Inspired assists its life science clients to better understand physicians, patients, administrators, and payers. These insights are leveraged to assist clients optimise product innovation and commercialise their assets. High…
Vodafone UK and CK Hutchison’s Three UK business combination on the cards
LONDON, UK: Vodafone confirms that it is in discussions with CK Hutchison Holdings Limited (CK Hutchison) in relation to a possible combination of Vodafone UK and Three UK. Hutchison 3G UK Ltd (Three UK) is a British telecommunications and internet service provider currently based in Reading, England. It is a subsidiary of CK Hutchison Holdings,…