LONDON, UK: Alpha Growth Plc (LSE: ALGW) announced that its Bermuda subsidiary has signed a share purchase agreement to acquire a Guernsey based life insurance company. This transaction advances Alpha’s acquisition strategy of consolidating life insurance companies and represents a significant step towards achieving Alpha Growth’s goal of managing over $2bn of assets by 2025….
Tag: acquires
Future plc acquires WhatCulture.com and Waive
LONDON, UK: Future plc (LSE: FUTR), the global platform for specialist media, announced the acquisition of WhatCulture.com, a digital-only entertainment publisher and Waive, a data insight platform. WhatCulture is a digital-only brand focused on the gaming and entertainment market. WhatCulture’s website and 11 YouTube channels have respectively 3m users and over 8m subscribers, and c.70%…
Berkeley acquires National Grid’s 50% stake in St William Homes JV for £412.5mn
LONDON, UK: The Berkeley Group Holdings has acquired National Grid’s 50% interest in its St William Homes LLP joint venture, which is now a wholly owned subsidiary of the company, for cash consideration of £412.5 million. Berkeley grows its land holdings through both direct acquisitions and land-led partnerships and joint ventures. St William formed in…
Crossword Cybersecurity acquires Threat Status Limited for £1.529mn
LONDON, UK: Crossword Cybersecurity Plc (AIM: CCS) announced acquisition of the whole of the share capital of Threat Status Limited, the threat intelligence company and provider of Trillion, the cloud based software as a service (SaaS) platform for enterprise-level credential breach intelligence has now completed. Additionally, Threat Status’s more recently released product, Arc, protects the…
Focusrite plc acquires Linea Research Holdings for £12.6 million
LONDON, UK: Focusrite plc (AIM: TUNE), the global music and audio products company supplying hardware and software used by professional and amateur musicians and the entertainment industry, announced the acquisition of Linea Research Holdings Ltd, a UK based designer and manufacturer of professional audio equipment. The total consideration to be paid is £12.6 million for…
Hunter Douglas acquires 74% of Droma-Sunshade Experts
ROTTERDAM: Hunter Douglas, the world market leader in window coverings and a major manufacturer of architectural products, has completed the acquisition of 74% of Droma-Sunshade Experts, a highly regarded Polish assembler of made-to-measure exterior sunscreens, shutters and awnings, with a fast-growing sales presence in Western Europe. The founders of Droma-Sunshade Experts will remain minority shareholders,…
Inkjet printing technology company Xaar plc acquires Megnajet for £2.0mn
LONDON, UK: Xaar plc, the leading inkjet printing technology group, has acquired Megnajet Ltd and Technomation Ltd, whose businesses trade together under the name of Megnajet. Post acquisition it is intended that the businesses of Megnajet Ltd and Technomation Ltd will be merged and the combined business will continue trading under the Megnajet name. Megnajet…
Darktrace acquires Cybersprint B.V. for $53.7 million
LONDON, UK: Darktrace Plc, a global leader in cyber security AI, has entered into a definitive agreement to acquire the entire issued share capital of Cybersprint B.V., an attack surface management company that provides continuous, real-time insights from an outside-in perspective to eliminate blind spots and detect risks. The acquisition of Cybersprint is aligned with…
CLS Holdings acquires office building in Dusseldorf
LONDON, UK: CLS Holdings has unconditionally exchanged contracts to acquire a 9,168 sqm / 98,684 sq. ft office building in Dusseldorf for €25 million (€2,724 per sqm) excluding costs from alstria office REIT-AG. Kanzlerstraße 8 is situated in a well-connected and growing submarket in Dusseldorf. The overground station, Dusseldorf Rath, and the underground station, Rather…
Swoop to acquire Sydney based dark fibre provider Luminet for $8mn
SYDNEY, AUSTRALIA: Swoop has entered into a conditional agreement to acquire Sydney based dark fibre provider Luminet in a $8 million deal, comprising $6.4 million in cash and $1.6 million in Swoop shares. The acquisition will be funded from existing cash reserves and is expected tocomplete on 28 February 2022. The assets consist of 58km…
Kingswood Holdings acquires financial advice business, Aim
LONDON, UK: Kingswood Holdings Limited (AIM: KWG) has exchanged and completed on an acquisition of Aim Independent Limited (Aim) an independent financial advice business based in Eastleigh serving clients throughout Hampshire. Following regulatory approval, the business will be acquired for total cash consideration of up to £3.6m, payable over a two-year period, £1.8m will be…
Focus Home Interactive acquires video game developer Leikir Studio
PARIS, FRANCE: Focus Home Interactive announced the acquisition of video game developer Leikir Studio. Based in Paris and made up of around twenty passionate creators, Leikir Studio thus becomes the 5th development studio to integrate with Focus. The Group is also strengthening through the recruitment of four new talents who will come to occupy strategic…