PARIS: L’Oréal Group announced Monday that it has signed an agreement to acquire a majority stake in British skincare brand Medik8, which will join its Luxe Division. According to a statement, Private equity firm Inflexion will retain a minority stake in Medik8, while founder Elliot Isaacs will remain on the board. The current management team will also stay…
PARIS, FRANCE: Sidetrade, the global leader in AI-powered Order-to-Cash applications, is to acquire a majority stake in SHS Viveon AG, a German leader in credit risk management software. Sidetrade today announced that it has entered into binding agreements with shareholders of SHS Viveon AG to acquire more than 50% of all outstanding shares in SHS…
PARIS, FRANCE: Roche Bobois SA, the esteemed leader in luxury furniture and French Art de Vivre, has announced its intent to acquire a majority interest in its franchised stores across China. This decision follows the company’s successful franchise acquisitions in the United States and France, marking a significant step in its expansion into the lucrative…
LONDON, UK: ADM Energy PLC, a natural-resources investing company, has announced that it has acquired a majority stake in OFX Technologies, LLC, a technology company that provides solutions to the US upstream oil and gas industry. The investment is part of ADM’s strategy to diversify its portfolio and tap into the growing market for oilfield…
NEW YORK: Acacia Research Corporation, a publicly traded company that invests in intellectual property and other assets, has announced that it has acquired a majority stake in Benchmark Energy II, LLC, an independent oil and gas company operating in Texas and Oklahoma. Benchmark is led by Kirk Goehring, a veteran in the oil and gas…
LONDON, UK: Experian Plc, the global information services company, has agreed to acquire MOVA Sociedade de Empréstimo entre Pessoas S.A. (‘MOVA’), a leading fintech in Brazil that helps equip any company, including non-banks, with the expertise and technology to perform data-driven credit assessments of their SME end-clients. SMEs are underserved by affordable credit in Brazil…
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…
MUSCAT: Bank Muscat SAOG has received in-principle interest from SICO BSC (c), a Bahrain based regional asset manager and investment bank, to acquire a majority shareholding in Muscat Capital LLC. Muscat Capital is a Saudi Single Shareholder Closed Joint Stock Company, licensed by the Saudi Capital Market Authority and wholly-owned subsidiary of Bank Muscat with…
LONDON: Oakley Capital Investments Limited announced that Oakley Capital Private Equity III has agreed to acquire a majority stake in Globe-Trotter Group Limited, the British luxury luggage brand, from entrepreneur Toshiyasu Takubo. Takubo, who has developed the brand significantly in the Japanese market, will retain a minority stake in the company. Founded in 1897, Globe-Trotter…