The term Strategic Partnership refers to a relationship between two commercial enterprises, usually formalized by one or more business contracts. A strategic partnership will usually fall short of a legal partnership entity, agency, or corporate affiliate relationship. Most often, they are established when companies need to acquire new capabilities within their existing business. Strategic partnerships can take…
What is a Share Purchase Agreement?
A Share Purchase Agreement (SPA) is a legal contract between a seller and a buyer signed at the time of purchasing the shares of the company and consists of details like an investment, allotment, lock-in period, terms of investment, etc. It is a very important document and every company enters into this agreement; it is the documented…
BBGI invests £24mn in British Columbia clean energy infrastructure
LONDON, UK: BBGI Global Infrastructure S.A. (LSE: BBGI) has completed an investment in InPower BC General Partnership, the entity responsible for delivering the John Hart Generating Station Replacement Project (, an investment made through the existing strategic partnership between the Company and SNC-Lavalin Group Inc. (TSX ticker: SNC). The public-private partnership project consisted of the…
essensys plc appoints James Lowery as CEO of UK & European business
LONDON, UK: essensys plc, the leading global provider of mission-critical software and technology to the flexible workspace industry, announced the appointment of James Lowery as CEO of its UK and European business, effective immediately. James joins the Group’s Executive Committee and reports to Mark Furness, the Group’s Founder & CEO. James will lead the growth…
CareTech Holdings buys Dmetco-Bayti and Wellness Group in UAE
LONDON, UK: CareTech Holdings Plc (AIM: CTH) has acquired majority stakes in two businesses in the United Arab Emirates including Dmetco-Bayti and Wellness Group. Across both transactions, the upfront cash out on completion by CareTech is £11.9m, with deferred cash payable of £5.5m. Following CareTech’s first international investment in the United Arab Emirates (UAE), the…
Lyssa McGowan appointed Group CEO at Pets at Home Group
LONDON, UK: Pets at Home Group, the UK’s leading pet care business, announced the appointment of Lyssa McGowan as Group Chief Executive Officer with effect from 1 June 2022. Lyssa will succeed Peter Pritchard, who announced his intention last November to step down from his role in Summer 2022 and will remain with the business…
Kingswood Holdings acquires Joseph Lamb
LONDON, UK: Kingswood Holdings Limited (AIM: KWG) has exchanged and completed on an acquisition of Joseph R Lamb Independent Financial Advisers Ltd (Joseph Lamb), a long established advisory business based in Rayleigh, Essex. David Lawrence, UK CEO at Kingswood, commented: “I’m thrilled to announce the acquisition of Joseph Lamb. Martin and his team at Joseph…
Jennie Daly appointed CEO of Taylor Wimpey plc
LONDON, UK: Taylor Wimpey plc announced that Jennie Daly has been appointed as CEO, effective from the conclusion of the Annual General Meeting on 26 April 2022. To recall, Pete Redfern will be stepping down as CEO of the company after more than 14 years of outstanding service in the role, the Board is delighted…
ADQ and Alpha Dhabi to acquire 15% in OCI Methanol for $375mn
AMSTERDAM: ADQ and Alpha Dhabi Holding will acquire a 15% stake in the OCI Methanol Group for a total consideration of US$375 million. As part of the alliance, OCI Methanol Group will be incorporated as an ADGM company in Abu Dhabi. OCI N.V. announced the signing of definitive legal agreements for a strategic alliance with…
Close the Loop acquires bulk packaging business, Crasti & Company
MELBOURNE, AUSTRALIA: Close the Loop Limited (ASX: CLG) has strengthened its position in the bulk packaging market via the acquisition of leading Australian bulk packaging business, Crasti & Company Pty Ltd. Established for over 25 years, Crasti & Co. is one of Australia’s largest Flexible Intermediate Bulk Container (FIBC) and bulk packaging supplier. Crasti &…
Gefen acquires majority stake in SaaS CRM platform firm, Roeto
TEL AVIV, ISRAEL: Gefen International A.I. Limited along with Verify Insurance Agency Ltd. Have entered into a binding Share Purchase Agreement with Roey Segal, Demitry Grossman and Tomer Barnea to acquire 80% of the issued capital of Roeto Ltd, an Israeli based technology company that provides a SaaS CRM platform for life insurers and financial…
CEO of Class Limited Andrew Russel to step down on Feb 16
SYDNEY AUSTRALIA: Class Limited announced that Andrew Russell is stepping down from his role as CEO and Managing Director effective 16th February 2022. It may be mentioned here HUB24 Limited will acquire all shares in Class Limited. To support a smooth transition Mr. Russell will be an adviser to HUB24 until 31 March 2022. HUB24’s…