LONDON: LBG Media plc, a social entertainment company targeting young adults, has acquired 75% of Uncovered Holdings Limited, a U.K.-based social-first creative agency specializing in Gen-Z audiences, for an initial cash consideration of £26.8 million. The deal includes customary adjustments for working capital, cash and debt-like items, plus an earnout cash payment of up to £7…
LONDON: The Board of All Things Considered Group (AQSE: ATC), an independent music company specializing in talent management, live bookings and merchandising, announced Monday the acquisition of a 75% majority interest in Easy Life Entertainment Limited, a UK-based music management and record label firm. The deal is valued at a net £0.75 million ($0.94 million)…
LONDON: Trackunit, a leading global SaaS and operating data platform provider for the construction industry, announced that Goldman Sachs Alternatives will acquire a majority stake in the company from funds advised by Hg and GRO Capital. This investment marks the next phase in Trackunit’s growth, aligning with its mission to eliminate downtime in construction and…
DUBAI: EDGE, a premier advanced technology and defense group, has announced the acquisition of a 51% stake in CONDOR Non-Lethal Technologies, a Brazilian leader in non-lethal solutions. This strategic purchase positions EDGE at the forefront of the global non-lethal technologies (NLT) sector, enhancing its capabilities and setting the stage for international expansion, particularly into the…
BERGEN, NORWAY: Lifecare AS, a pioneering medical sensor company, has announced a significant investment of NOK 2 million in RemovAid AS, securing an 81.1% ownership stake. This strategic move positions Lifecare at the forefront of medical technology innovation, particularly in the Continuous Glucose Monitor (CGM) market. RemovAid, an Oslo-based medtech firm, has gained attention for…
STOCKHOLM: EQT Infrastructure VI fund has announced the acquisition of a majority stake in the prestigious Universidad Europea from Permira, marking a significant shift in the landscape of private higher education in Europe. Permira will maintain a substantial minority interest in the university, signifying ongoing confidence in the institution’s growth trajectory. Universidad Europea, established in…
SLB (NYSE: SLB) has announced the acquisition of an 80% stake in Aker Carbon Capture (ACC), merging its carbon capture business with ACC’s to form a robust platform aimed at industrial decarbonization. The merger will combine SLB’s technological advancements and industrialization capabilities with ACC’s commercial carbon capture solutions, enhancing the deployment of innovative technologies to…
LONDON, UK: Sivota Plc, the special opportunities investment vehicle focused on Israeli technology-related companies, has completed the acquisition of a majority stake in Apester Ltd, a digital marketing engagement platform. Under the terms of the Acquisition agreement, the Company will receive Preferred Seed Shares in the capital of Apester for an aggregate price of US…
OSLO, NORWAY: Alytic, a portfolio company of Arendals Fossekompani, has acquired Factlines. Factlines offers a digital solution for securing responsible supply chains. “Factlines is a great match for Alytic. It offers a highly competent team, a great software-as-a-service solution, a solid customer base, and a huge potential,” says Espen Zachariassen, CEO of Alytic. In a…
ARENDAL, NORWAY: Arendals Fossekompani ASA announced the acquisition of a majority stake in Commeo GmbH, a German company specializing in energy storage and energy management solutions, as part of the Ampwell growth strategy. The parties have agreed not to disclose the transaction price. “Energy storage is key in an increasingly volatile energy system where intermittent…
LONDON, UK: Ørsted A/S, the world leader in offshore wind, joins a floating wind joint venture set up by Simply Blue Group and Subsea 7. The Salamander project is a stepping-stone floating wind project off the east coast of Scotland, designed to provide the Scottish supply chain with an early capacity development opportunity before larger…
UNITED ARAB EMIRATES: SHUAA Capital (DFM: SHUAA), the leading asset management and investment banking platform in the region, has completed a strategic investment in UAE-based fintech, Souqalmal. The investment will provide growth capital, allowing Souqalmal to execute on an ambitious growth plan over the next 24 months. Following the investment, Ambareen Musa, Founder and CEO…