OSLO, NORWAY: LINK Mobility is in exclusive negotiations to acquire a leading US based CPaaS provider, to accelerate LINK’s strategic expansion into the rapidly growing CPaaS market in North America. The proposed acquisition will add an estimated NOK 232 million and NOK 143 million to LTM pro forma 1Q21 gross profit and cash EBITDA respectively….
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.
Pollen Street & DBAY owned Bidco to buy Proactis Holdings for £74.9mn
LONDON, UK: Pollen Street Capital and DBAY owned Café Bidco Limited has agreed to acquire Proactis Holdings plc at approximately £74.9 million on a fully diluted basis, a news release said. Under the terms of the acquisition, each Proactis shareholder will be entitled to receive 75 pence in cash for each Proactis Holdings share. On…
BHG Group acquires HYMA for SEK1.1 billion
MALMÖ, SWEDEN: BHG Group AB has entered into an agreement to acquire 92.2% of the shares in HYMA Skog & Trädgård AB (HYMA) for an initial consideration of SEK1.1 billion, a news release said. HYMA holds a leading market position in a number of BHG’s core categories such as garden, tools and leisure with a…
Marlowe plc acquires Healthwork for £17.2 million
LONDON, UK: Marlowe plc, the UK leader in business critical services and software which assure safety and regulatory compliance, has acquired Healthwork (incorporated as Gel Limited), a national provider of occupational health services, for an expected enterprise value of £17.2 million. Founded in 2003, Healthwork is based in Manchester and employs approximately 120 staff, including…
Volcan Investments’ Twin Star all set to acquire Videocon Group in an over $400 million deal
LONDON, UK: Twin Star Technologies India Limited (TSTIL), a subsidiary of Volcan Investments Limited, is all set for the acquisition of Videocon Group as the Resolution Plan for Videocon Group Companies, under the Insolvency and Bankruptcy Code of India was successfully pronounced by the Indian adjudicating authority in favor of TSTIL. Globally, Volcan’s business interest…
Schroder European REIT acquires French logistics asset for €6.15 million
LONDON, UK: Schroder European Real Estate Investment Trust has exchanged contracts to purchase a freehold logistics property in Nantes, western France, for €6.15 million, reflecting a net initial yield of 5.5%. The 8,663 sqm warehouse is fully let to Hachette Livre, a subsidiary of the leading French media group Lagardère, with an unexpired lease term…
Mutares SE & Co. agrees to acquire Permasteelisa España
MUNICH: Mutares SE & Co. has signed an agreement to acquire Permasteelisa España from Permasteelisa Group, a news release said. The acquisition is an add-on investment for the existing portfolio company Donges Group and the first transaction for Mutares in Spain. The transaction is expected to close in the third quarter 2021. Permasteelisa España’s main…
Renew Holdings subsidiary acquires Rail Electrification Limited for £5.3 million
LONDON, UK: Renew Holdings announced that its wholly owned subsidiary, QTS Group Limited, has acquired the entire issued share capital of Rail Electrification Limited (REL), for a total cash consideration of up to £5.3 million. Based in Scotland, Rail Electrification Limited (REL) is a leading provider of high-quality services and Road Rail Plant associated with…
Gresham to acquire Electra Information Systems for $38.6 million
LONDON, UK: Gresham Technologies plc (LON: GHT) wholly-owned subsidiary Gresham Enterprise Storage Inc., has entered into a conditional agreement to purchase the entirety of the issued and outstanding shares of common stock of Electra Information Systems for a total cash consideration of up to US$38.6 million including up to US$9.65 million in deferred consideration. Electra…
Marlowe plc acquires Musketeer Services Limited for £3.75 million
LONDON: Marlowe plc has acquired Musketeer Services Limited, a provider of water hygiene, treatment and compliance services, for an enterprise value of £3.75 million. Founded in 1996, Musketeer is based in Surrey and employs approximately 40 staff. The acquisition provides attractive synergies with WCS Group, Marlowe’s water & air hygiene platform. For the year ended…
Mattioli Woods to acquire Maven Capital and Ludlow Wealth Management for 143.5mn
LONDON, UK: Mattioli Woods plc announced the proposed acquisitions of Maven Capital Partners UK LLP and Ludlow Wealth Management for a total of £143.5 million. Mattioli Woods has conditionally agreed to acquire all the membership interests in Maven, for an aggregate maximum consideration of up to £100.0 million (including, subject to certain conditions being satisfied,…
Wondr Gaming Corp to acquire Hot Dot Media Inc. in a share exchange deal
TORONTO, CANADA: Wondr Gaming Corp. (CNSX: WDR) has entered into a binding agreement to acquire Hot Dot Media Inc. (HDM) in exchange for 8.0 million common shares of Wondr Gaming to be issued to the shareholders of HDM at a deemed price of $0.25 per share. Hot Dot Media Inc. (HDM) is a social media…