LONDON, UK: Midwich Group, a global specialist audio visual distributor to the trade market, has acquired a controlling stake in Cooper Projects Limited, the parent company of DVS Limited, a UK based distributor of video security products. Midwich has acquired 65% of the Company’s share capital for an initial cash consideration of £8.6 million, followed by…
Content creation company Vitec Group to acquire Audix LLC
LONDON, UK: The Vitec Group, the international provider of premium branded hardware products and software solutions to the growing content creation market, has agreed to acquire Audix LLC for up to $54.3 million in cash. Completion is expected shortly. Audix designs, engineers and manufactures high performing, innovative microphones for the professional audio industry from its…
Kainos Group acquires US-based Blackline Group
LONDON, UK: Kainos Group (KNOS), a leading digital technology company and Workday services partner, has entered into an agreement to acquire and completed the acquisition of Blackline Group Inc, a private United States based company. Established in 2009 and headquartered in Washington state, Blackline Group is a specialty services firm that focuses on procurement and is an…
A Comprehensive Guide to Loans and Credits: Tips and Tricks of the Finance Market
At some point in time, you will need capital to expand your business; you need to put money in to get money out of it. You may also need a credit or a loan to cover your financial needs. However, if you take money from the wrong source, you may find yourself stuck with repayment…
Swoop buys iFibre’s dark fibre network for $1.5mn
SYDNEY, AUSTRALIA: Swoop Holdings Limited has agreed to acquire the dark fibre network assets and customers of iFibre Pty Ltd for a purchase price of $1.5 million payable in cash with $1.2 million paid on completion and $300,000 of the purchase price withheld for a period of 6 months for any potential claims and adjustments….
TechnipFMC sells 9 million Technip Energies shares for €118.4mn
PARIS, FRANCE: TechnipFMC plc announced the sale of 9 million Technip Energies N.V. shares through private sale transactions. The sale price of the shares is set at €13.15 per Share, yielding total gross proceeds of €118.4 million. Upon completion of the Sale, representing approximately 5% of Technip Energies’ issued and outstanding share capital, TechnipFMC retains…
BCAL Diagnostics appoints Dr John Hurrell as CEO
SYDNEY, AUSTRALIA: BCAL Diagnostics Limited announced the appointment of experienced life science and healthcare executive Dr John Hurrell as its Chief Executive Officer (CEO). Dr Hurrell has developed and successfully commercialized multiple products and services in life sciences and diagnostics over a career in the industry spanning more than 35 years. He has developed and…
Is CFI Worth It?- A Formal Analysis
Overview Of Corporate Finance Institute Is CFI truly worth it? Before discussing it, let’s take a glance at what exactly CFI is. CFI (Corporate Finance Institute) is a financial analyst diploma organization that empowers education and online coaching to finance-related experts and consists of courses including valuation Financial Modeling and Corporate financial cases. It provides…
Green Lithium appoints Dominic Kieran as Chair of the Board
LONDON, UK: Green Lithium has appointed Dominic Kieran as Chair of the board. The appointment comes as Green Lithium raises capital in a series A funding round to support development phase activity, which will be followed by a construction project finance funding round. The company’s initial private funding round was four-times oversubscribed. Dominic Kieran is an experienced…
Hikma Launches New 503B Sterile Compounding Business
LONDON, UK: Hikma Pharmaceuticals, the multinational pharmaceutical company, announced the launch of Hikma 503B – a new outsourced sterile compounding business focused on providing high quality, ready-to-administer injectable medications that are customized to the specific needs of patients in the United States. Sterile compounding – the process of combining, mixing, or altering ingredients to create…
Frenkel Topping acquires Cardinal Management Limited for £10mn
LONDON, UK: Frenkel Topping has acquired the entire issued share capital of Cardinal Management Limited. The total maximum possible consideration for the acquisition is £10.0 million in cash, of which an initial £5.0m (which is subject to adjustment following a completion accounts process) will be paid on completion. The additional consideration of up to £5.0m…
Begbies Traynor Group buys Daniells Harrison Surveyors for £2.0mn
LONDON, UK: Begbies Traynor Group has completed the acquisition of Daniells Harrison Surveyors LLP. The acquisition is for consideration of £2.0m based on current levels of financial performance, on a cash free, debt free basis. Daniells Harrison is a firm of chartered surveyors employing 27 staff who will integrate with Eddisons, the group’s property advisory…