LONDON, UK: Frontier IP’s portfolio company Exscientia plc has announced today the pricing of its initial public offering (IPO) of 13.85 million American Depositary Shares (ADSs) at a public offering price of $22 per ADS. Exscientia has raised gross proceeds of approximately $304.7 million. In addition, Exscientia announced the concurrent sale of an additional 7.272…
Gresham House completes acquisition of Mobeus VCT business
LONDON, UK: Gresham House, the specialist alternative asset manager, announces the completion of the acquisition of the Venture Capital Trust (VCT) business of Mobeus Equity Partners LLP, announced on 10 September 2021. Mobeus is a UK-based investment firm managing assets across two distinct client groups, one of which is the VCT business being acquired by…
David Kiddie appointed Chairman of Mattioli Woods
LONDON, UK: Mattioli Woods plc, the specialist wealth and asset management business, announced the appointment of David Kiddie as Chairman, succeeding Joanne Lake, effective from the conclusion of the handover period and receipt of regulatory approval, expected no later than 21 January 2022. David Kiddie joined the Board as a Non-Executive Director in January 2021.…
Group of MNCs launch world’s largest clean hydrogen infrastructure fund
PARIS, FRANCE: TotalEnergies, Air Liquide, and VINCI, are combining forces with other large international companies to launch the world’s largest clean hydrogen infrastructure fund, a news release said. The fund aims to reach 1.5 billion euros and has already secured initial commitments of 800 million euros. Its objective is to accelerate the growth of the…
Eddisons acquires team from Fernie Greaves Chartered Surveyors
LONDON, UK: Eddisons, the property services consultancy division of Begbies Traynor Group plc, announced the expansion of its operations in Sheffield through the acquisition of the team from Fernie Greaves Chartered Surveyors. The acquisition will expand Eddisons’ presence in South Yorkshire, which provides real estate consultancy services through its existing team headed by Adrian Lunn.…
Paul Taylor joins Oxford Metrics board
LONDON, UK: Oxford Metrics plc announced the appointment of Paul Taylor as a Non-Executive Director and Chair of the Audit Committee, at the end of December. Paul brings over 20 years of boardroom experience as an Executive and Non-Executive Director, and throughout his career has remained connected to growth technology businesses. Paul spent a large…
Yooma Wellness completes acquisition of Big Swig
LONDON, UK: Yooma Wellness Inc., a global vertically integrated wellness platform that develops and markets a portfolio of CBD and wellness brands, has completed the acquisition of Big Swig Inc., a US-based seller of sparkling water beverages. The transaction was implemented through a merger between Big Swig and Yooma Acquisition II Inc., a wholly-owned subsidiary…
Jemma Freeman joins the Board of Ceiba Investments Limited
LONDON, UK: The Board of Ceiba Investments Limited announced the appointment of Mrs Jemma Freeman as an independent, non-executive director of the company with immediate effect. Mrs Jemma Freeman is the Executive Chairman of Hunters & Frankau Limited, the appointed exclusive distributor for Habanos S.A.’s cigar portfolio in the United Kingdom. She joined the business…
MISSO Wealth Management to join Focus Partner Firm Connectus Wealth Advisers
NEW YORK: Focus Financial Partners Inc. , a leading partnership of fiduciary wealth management firms, entered into a definitive agreement under which MISSO Wealth Management (MISSO), a boutique wealth management firm headquartered in Brisbane, Queensland, will join Connectus Wealth Advisers . This transaction is expected to close in the fourth quarter of 2021, subject to customary closing conditions. Founded in 2001…
Beximco completes £39.35 million acquisition of Sanofi Bangladesh
LONDON, UK: Beximco Pharmaceuticals Limited has now completed its acquisition of the majority stake in Sanofi Bangladesh Limited, first announced on 21 January 2021. The final consideration, payable in cash (post the closing adjustments previously outlined), was approximately £39.35 million. Sanofi Bangladesh has been present in Bangladesh since 1958. Beximco Pharma Managing Director, Mr Nazmul…
Sony buys videogame-remake studio Bluepoint
AUSTIN, TEXAS: Sony Group is acquiring Bluepoint Games, a studio best known for remaking classic PlayStation videogames. Terms of the acquisition were not announced. In recent years, Bluepoint won acclaim for its “Demon’s Souls” remake for the PS5, which has sold about 1.4 million copies since its release last November, along with its remake of…
Picton Property acquires income accretive city centre multi-let industrial estate
LONDON, UK: Picton Property has completed the freehold acquisition of Madleaze Trading Estate, located in central Gloucester for £13.1 million. Adjacent to Gloucester Quays Retail Park and the Gloucester and Sharpness canal, the property comprises 18 industrial units totalling 304,000 sq ft on a 10.3 acre site. The estate is let to eight occupiers and…