LONDON, UK: Marlowe plc, the leader in business critical services and software which assure regulatory compliance, announced that it has acquired Griffin Fire, incorporated as Griffin and General Fire Services Limited, a provider of fire safety services, for an enterprise value of £0.7 million. For the year ended 31 December 2020, Griffin Fire generated profit…
Apax Digital Funds invest in UK’s ClearBank
LONDON, UK: The Apax Digital Fund (ADF) and Apax Digital Fund II (the Apax Digital Funds), both of which AGA is a limited partner in, announced an investment in ClearBank, one of the largest next-generation clearing and embedded banking platforms in the UK. On a look through basis, AGA is expected to invest approximately €5.4m…
Auto Trader Group acquires Autorama (UK) Limited for £200mn
LONDON, UK: Auto Trader Group plc (LSE: AUTO), the UK’s largest automotive marketplace, has agreed to acquire Autorama (UK) Limited, one of the UK’s largest transactional marketplaces for leasing new vehicles. Autorama has created a leading end-to-end digital platform, which aggregates leasing deals from multiple funders and OEMs (under its “Vanarama” brand), enabling buyers to…
DP World consolidates Eurofos terminal in Fos-sur-Mer, exits Le Havre
DUBAI, UAE: DP World Limited and Terminal Link SA, a joint venture 51% owned by CMA CGM and 49% owned by China Merchants Port, have today reached a conditional agreement to restructure Portsynergy SAS (Port Synergy), a 50:50 joint venture company. Port Synergy is the holding company for subsidiary companies, Générale de Manutention Portuaire SA…
Luceco acquires UK EV charge point supplier for £10 million
LONDON, UK: Luceco plc has acquired the entire issued share capital of EV Charge Points UK T/A EVCP Limited (Sync EV), the UK EV charge point supplier for £10 million on a cash and debt-free basis. Luceco plc is a manufacturer and distributor of high quality and innovative wiring accessories, LED lighting, and portable power…
Panoro Energy appoints country managers for Gabon, Tunisia & Equatorial Guinea
OSLO, NORWAY: Panoro Energy ASA announced the appointment of Country Managers. In addition to Sofiane Gaied, who joined Panoro as Country Manager Tunisia in 2018, Ghislain Boukoubi has been appointed as Country Manager Gabon, and Antonino Edjang Ondo has been appointed as Country Manager Equatorial Guinea. Panoro’s Country Managers are nationals and permanent residents of…
Scott Technology making waves in Australian Mining sector
AUCKLAND, NEW ZEALAND: The first quarter of this year is shaping up to be a busy one for Scott Mining, the mining division of automation and robotics solutions provider, Scott Technology Limited (NZX: SCT), as the business continues making waves in the Australian mining sector. This month marks two years since Rio Tinto awarded Scott…
MMA Offshore sells vessel MMA Leveque to FFI for $7.75mn
SYDNEY, AUSTRALIA: MMA Offshore Limited has completed the sale of the vessel MMA Leveque to a subsidiary of Fortescue Future Industries (FFI) for $7.75 million. FFI plans to convert the vessel to dual fuel with the objective of operating almost totally on green ammonia. The vessel will join FFI’s prototype trucks, locomotives, drill rig and…
De.mem Ltd signs deal to acquire Stevco Seals & Pumps Victoria
SYDNEY, AUSTRALIA: Australian-Singaporean water and waste-water treatment company De.mem Ltd (ASX: DEM) has signed a binding agreement to acquire 100% in the shares of Stevco Seals & Pumps Victoria Pty Ltd. Consideration will be $1.25 million in cash and $250,000 in DEM shares, plus an additional $180,000 in cash and $30,000 in shares for Stevco’s…
A Complete Penetration Testing Guide with Simple Tips
Penetration testing, more commonly called pen testing, is a simulated cyber-attack against one’s own computer, in order to test for vulnerabilities in one’s computer system. It is typically used by professionals that work in cyber security, but it can be used by people in other industries and professions. Many people find that pen testing is…
Tracey Graham will step down from the Royal London Board
LONDON, UK: Royal London today announced that Tracey Graham will step down from the Royal London Board on 22 March 2022. Tracey was first appointed in March 2013 and has served for nine years, the maximum tenure for an independent non-executive director. Commenting on Tracey’s departure, Kevin Parry OBE, Chairman of Royal London said: “During…
Gresham House sells entire 23.7% shareholding in Rockwood Realisation plc
LONDON, UK: Gresham House plc, the specialist alternative asset manager, announced the disposal of its entire 23.7% shareholding in Rockwood Realisation plc (RKW). Gresham House Asset Management had previously managed the fund, formerly known as Gresham House Strategic plc (GHS), for six years from 2015. A change of manager was announced in October 2021, and…