SYDNEY, AUSTRALIA: Halo Food Co. Limited (ASX: HLF) has signed a binding conditional agreement to acquire The Healthy Mummy Holdings (THM) for $17.0mn plus an earn-out of up to $5.0mn. The Healthy Mummy is a leading digital health and wellness business. Upon completion of the acquisition, the vendors of THM being Whiteoak Pty Limited and…
BioPharma Credit to invest $325mn in Collegium Pharmaceuticals
LONDON, UK: BioPharma Credit (LSE: BPCR) t, through its fully owned subsidiary, together with BioPharma Credit Investments V (Master) LP, has provided Collegium Pharmaceutical Inc. (Nasdaq: COLL) a commitment to enter into a new $650 million senior secured term loan agreement. Proceeds from the new loan will be used to fund Collegium’s proposed acquisition of…
Focus Home Interactive acquires video game developer Leikir Studio
PARIS, FRANCE: Focus Home Interactive announced the acquisition of video game developer Leikir Studio. Based in Paris and made up of around twenty passionate creators, Leikir Studio thus becomes the 5th development studio to integrate with Focus. The Group is also strengthening through the recruitment of four new talents who will come to occupy strategic…
Bramble Energy raises £35mn in Series B investment round
LONDON, UK: IP Group plc (LSE: IPO) announced that portfolio company Bramble Energy, a London-based fuel cell company, has completed a £35 million Series B investment round to help further expand its capabilities in solving key challenges in the production and implementation of hydrogen fuel cell stacks. IP Group committed approximately £10 million to the…
Equals Group joins Single Euro Payment Area (SEPA) network
LONDON, UK: Equals Group (AIM:EQLS), a leading fintech payments group focused on the SME marketplace, via its subsidiary Spectrum Payment Services Limited (SPS), has been accepted by the European Payments Council (EPC) to join Single Euro Payment Area (SEPA) network; the SEPA Instant and SEPA Credit Transfer schemes for Euro payments. Connecting to the SEPA…
HydrogenOne invests £10mn in fuel cell solutions company Bramble Energy
LONDON, UK: HydrogenOne Capital Growth plc has signed definitive agreements for an investment of £10 million in Bramble Energy Limited as part of their Series B funding round. Bramble has pioneered a printed circuit board (PCB) fuel cell solutions- PCBFCÔ, which manufactures low cost, scalable and recyclable fuel cell modules, and can be made at…
Apax X Fund to acquire Alcumus and Ole Smoky Distillery
LONDON, UK: The Apax X Fund has signed a definitive agreement to acquire Alcumus, a global leader in technology-led risk management and compliance solutions. Apax X has also signed a definitive agreement to acquire a controlling stake in Ole Smoky Distillery, one of the fastest growing spirits companies in the US. Both transactions are expected…
Mary Gangemi appointed on Litigation Capital Board
LONDON, UK: Litigation Capital Management Limited (AIM:LIT), an alternative asset manager specialising in dispute financing solutions internationally, announced the appointment of its Chief Financial Officer Mary Gangemi to the Board with immediate effect. Mary joined LCM in April 2020 as Chief Financial Officer, bringing extensive senior management experience having overseen the finance functions of corporations…
Neometals Ltd confirms listing on AIM of London Stock Exchange
LONDON, UK: Neometals Ltd, a sustainable minerals and advanced materials project developer, confirmed its intention to seek a dual listing of its ordinary shares on the London Stock Exchange‘s AIM Market in addition to its existing listing on the Australian Securities Exchange (ASX:NMT). Admission of the Ordinary Shares to trading on AIM is expected to…
CentralNic to acquire Fireball Search GmbH and .ruhr Top-Level Domain
LONDON, UK: CentralNic Group has entered into agreements to acquire Fireball Search GmbH as well as the .ruhr Top-Level Domain (TLD) for a total aggregate consideration of EUR 0.6m in cash. The acquisitions are expected to complete immediately and on or around 31 May 2022 respectively and will be financed from available cash resources. Founded…
ID Logistics to buy US based Kane Logistics at enterprise value of $240mn
PARIS, FRANCE: ID Logistics has agreed to acquire 100% of Kane Logistics, an American pure player in contract logistics. At closing, the transaction will be based on an enterprise value of $240 million and will be settled entirely in cash. The transaction remains subject to the approval of the competent US antitrust authorities (Hart-Scott-Rodino Antitrust…
Otovo has launched battery offering in Sweden
OSLO, NORWAY: Following the battery launches in Italy in Q2 2021, Spain in Q3 and Germany in Q4, Otovo is now making home energy storage available to consumers in the Swedish market. “For Swedish consumers this will now be a way to add 5-22kWh of storage to their solar systems, meaning they can typically run…