SYDNEY, AUSTRALIA: Healius (ASX: HLS) has entered into an agreement to acquire the entire issued capital of Agilex, one of Australia’s leading bioanalytical laboratories. The transaction values Agilex at an enterprise value of $301.3 million.The acquisition is subject to minimal conditions, customary for a transaction of this nature, and is expected to complete at the…
Tag: Acquire
The word “acquire” is a verb that means to buy or obtain something for oneself, learn or develop a skill, or come to have something as a result of one’s behavior or activities.
Rentokil Initial inks deal to acquire Terminix Global for $6.7bn
LONDON, UK: Rentokil Initial plc has entered into a definitive agreement to acquire Terminix Global Holdings for stock and cash. The transaction will bring together two complementary businesses to create the global leader in pest control and hygiene & wellbeing, and the leader in the pest control business in North America, the world’s largest pest…
SS&C Technologies signs agreement to acquire Hubwise Holdings
WINDSOR: SS&C Technologies Holdings Inc. (Nasdaq: SSNC) has entered into a definitive agreement to acquire Hubwise Holdings Limited. Hubwise is a regulated U.K. B2B investment platform serving advisers, discretionary wealth managers and self-directed digital D2C propositions. Under the terms of the Agreement, approved by the shareholders of Hubwise, SS&C will purchase Hubwise in an all-cash…
Xplorer Capital agrees to acquire CloudCall for £39.9 million
LONDON, UK: Xplorer Capital has agreed to acquire the entire ordinary share capital of CloudCall Group at the rate of 81.5 pence for each CloudCall Share translating into £39.9 million. The acquisition is an all cash offer for CloudCall by Xplorer Capital, unanimously recommended by the CloudCall Directors. Xplorer Capital believes that CloudCall would benefit…
Liontrust to acquire Majedie Asset Management for £120mn
LONDON, UK: Liontrust Asset Management has entered into a conditional sale and purchase agreement to acquire the entire issued share capital of Majedie Asset Management Limited for a total consideration of up to £120 million. Majedie is a well-established, UK-based asset management firm with a long-term pedigree in Institutional fund management, an area of increasing…
Alcidion Group to acquire Silverlink PCS Software for £33mn
MELBOURNE, AUSTRALIA: Alcidion Group Limited has signed a binding share purchase agreement (SPA) to acquire 100% of the issued capital in Silverlink PCS Software Ltd. The acquisition price for Silverlink is £30 million (A$55.5m) upfront in cash, with a further £3 million (A$5.5m) subject to earn-out based on successful renewal of select customers prior to…
London Stock Exchange to acquire Quantile Group for £274mn
LONDON, UK: London Stock Exchange Group (LSEG) has agreed to acquire Quantile Group Limited. LSEG has agreed to pay a maximum aggregate consideration of up to £274 million (subject to customary adjustments) to Quantile’s shareholders. Quantile is a leading provider of portfolio, margin and capital optimisation and compression services for the global financial services market….
Constellation Automotive to acquire Marshall Motor for £322.9mn
LONDON, UK: Constellation Automotive Holdings’s wholly-owned subsidiary CAG Vega 2 Limited has offered to acquire the entire issued and to be issued share capital of Marshall Motor Holdings for £322.9 million. CAG Vega 2 has received an irrevocable undertaking to accept the offer from Marshall of Cambridge (Holdings) Limited in respect of its entire shareholding…
San Francisco based Life360 to acquire Tile Inc. for $205mn
SYDNEY, AUSTRALIA: San Francisco based Life360 has entered into a binding agreement to acquire Tile Inc. for a purchase price of up to $170 million plus up to $35 million in retention equity awards for Tile employees, representing total consideration of up to $205 million, a news release noted. Founded in 2012 and based in…
Luxembourg’s Majorel Group to acquire Turkish Mayen Telekomünikasyon
LUXEMBOURG: Majorel Group Luxembourg S.A. has signed a contract to acquire Turkey based Mayen Telekomünikasyon Hizmetleri A.Ş., a news release said. The purchase price and revenue contribution is a double digit million Euro amount. The parties agreed non-disclosure of the specific details of the transaction. Majorel Group Luxembourg S.A. is a leading global provider of…
VINCI Construction to acquire Northern Group of Companies
PARIS, FRANCE: VINCI Construction has signed an agreement to acquire the construction companies of the family-run Northern Group of Companies. These companies operate in roadworks, asphalt mixes and aggregates production in the provinces of New Brunswick and Nova Scotia, on Canada’s eastern coast. They have around 500 employees at peak season and generated C$93 million…
Ericsson to acquire Vonage Holdings Corp. for $6.2 billion
HELSINKI, FINLAND: Ericsson (NASDAQ: ERIC) has entered into an agreement to acquire Vonage Holdings Corp. (NASDAQ: VG) for $21/share representing a total acquisition price of approximately $6.2 billion (Enterprise Value). The merger agreement was approved unanimously by the Board of Vonage. The transaction builds upon Ericsson’s stated intent to expand globally in wireless enterprise, offering…