AUCKLAND, NEW ZEALAND: NZME Limited’s subsidiary NZME Publishing Limited has entered into a conditional agreement to acquire the BusinessDesk premier news website business and assets from publisher Content Limited for NZ$3.5 million payable in cash on completion, subject to customary adjustments plus an earn-out amount of up to NZ$1.5 million following 31 December 2023. “NZME’s…
LONDON, UK: Secure Trust Bank (STB) has agreed to acquire AppToPay Ltd, owner of a proprietary technology platform to support its planned entry into the digital Buy Now Pay Later (digital BNPL) market. Secure Trust Bank (STB), through its V12 Retail Finance business, is already a leading provider of point-of-sale retail finance, with a network…
ABU DHABI, UAE: Emirates Stallions Group (ESG), a subsidiary of International Holding Company (IHC), has acquired 70% of WFCHolding. WFC Holding is a UAE based leading technology, data-driven and outsourcing company specialized in Business Process Outsourcing (BPO) and Manpower Outsourcing (MPO). WFC Holding, through its subsidiaries Workforce Connexion, Integrated Business Centre, Corporate Solutions Consultants, and…
LONDON, UK: Primary Health Properties, one of the UK’s leading investors in modern primary healthcare facilities, has acquired the entire issued share capital of Peak Health Solutions Limited, whose sole asset is the Lambgates Health Centre, Glossop for a total consideration of £5 million. The property is a modern, purpose-built primary care facility which is…
LONDON, UK: Ascential plc has acquired 100% of OneSpace, a content optimisation business serving brands trading on eCommerce marketplaces. Ascential plc is the specialist information, analytics and eCommerce optimisation company. Underpinned by its SaaS model, OneSpace manages product specific content catalogues, enables the creation of original material and customizes content in order to drive higher…
SYDNEY, AUSTRALIA: RPM Automotive Group announced the acquisition of another FNQ based business, Direct Wholesale Tyres (DWT). RPM will pay $1.7 million for DWT, split 60% in cash and 40% in RPM ordinary shares (escrowed for 12 months from the issue date) at an issue price equivalent to the weighted average share price over the…
LONDON, UK: Powerhouse Energy Group, the UK technology company commercialising hydrogen production from plastic, announced acquisition of 48% of the share capital of Engsolve Limited, the engineering consultancy. The shares have been bought for a consideration of £99,990 in cash from Engsolve shareholders. Reasons for the Acquisition Paul Emmitt, the Company’s Chief Technology Officer, is…
SYDNEY, AUSTRALIA: Perpetual Limited has announced the acquisition of Jacaranda Financial Planning Pty Ltd, a leading Sydney and Melbourne based boutique wealth advisory firm focused on the high net worth market segment with funds under advice (FUA) of $915 million as at 30 June 2021. Perpetual Chief Executive Officer and Managing Director, Rob Adams said:…
BRISBANE, AUSTRALIA: Megaport Limited has signed an agreement to acquire InnovoEdge Inc. an AI-powered multicloud and edge application orchestration company, via its wholly owned US-registered subsidiary. Megaport CEO Vincent English said: “Empowering our customers and partners with greater agility is a priority for Megaport. The acquisition of InnovoEdge aligns well with that priority and will…
LONDON, UK: Uniphar plc has announced the acquisition of BESTMSLs Group comprising of BESTMSLs, The Doctors Channel & MDea. BESTMSLs Group is a New York-headquartered company that provides outsourced Medical Affairs services including the provision of contract Medical Science Liaison (“MSL”) teams, MSL recruiting, training, education and a range of innovative digital solutions for its…
LONDON, UK: Ultimate Products, the owner, manager, designer and developer of an extensive range of value‑focused consumer goods brands, has completed the acquisition of Salter Brands Limited from FKA Brands Limited. Salter is believed by the Directors to be the UK’s oldest housewares brand. It dates back to 1760, when Richard Salter, a spring maker,…
LONDON, UK: Marlowe plc has acquired CQC Compliance Ltd, a care quality compliance consultancy, with the total enterprise value payable expected to be approximately in the region of £2 million. CQC is based in Preston, Lancashire, and provides retained consulting services to care homes, surgeries and pharmacies to ensure compliance with health and social care…