LONDON: Elixirr International plc announced the acquisition of the entire issued share capital of digital marketing firm Coast Digital Limited for a maximum consideration of approximately £3.8 million plus an additional cash payment based on working capital at completion. The total consideration payable is £3.8 million. This consists of initial cash consideration of £2.2 million,…
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Avtex acquires Aria Solutions
MINNEAPOLIS: Avtex solutions, a customer experience (CX) consulting and technology company, announced its acquisition of Aria Solutions, a leader in contact center and customer experience solutions based in Calgary, Alberta, Canada. Founded in 1997, Aria Solutions was one of the first system integrators in North America for Genesys®, the global leader in cloud customer experience…
Tufton Oceanic Assets Limited acquires Handysize Bulk Carrier for $10.6 million
LONDON: The Board of Tufton Oceanic Assets Limited announced that the Company has acquired a Handysize Bulk Carrier for $10.6 million. This acquisition takes the Company’s fleet to nineteen vessels. The vessel has a fixed rate time charter for ten to thirteen months to a large maritime transport and logistics company. The yield during the…
Home REIT Plc acquires portfolio of five properties for £9 million
LONDON: The Board of Home REIT plc, which funds the acquisition and creation of high-quality properties across the UK that are dedicated to providing accommodation to the homeless, has acquired a portfolio of five properties located across the North West, North East and Midlands regions of England. The Properties are recently completed and purpose-built to…
Superior Plus acquires Central Coast Propane
TORONTO: Superior Plus Corp., through one of its wholly-owned subsidiaries, has acquired all of the equity interests of a Southern California retail propane distribution company, operating under the trade name Central Coast Propane. Founded in 1992, and located in Paso Robles, California, Central Coast is an established independent retail propane distributor serving approximately 2,800 residential…
MJ Hudson Group acquires Bridge Consulting & Subsidiaries
LONDON, UK: MJ Hudson has acquired Bridge Group Limited, a funds service provider based in Ireland, conditional on regulatory approval. The vendors are Mr David Dillon and Mr Paul McNaughton, both experienced practitioners in the funds sector, directors and the principal co-founders of the business. Initial fixed consideration of €2 million is payable in cash,…
Forward Air Corp acquires Value Logistics for $2.25 million
GREENEVILLE: Forward Air Corporation has entered into an agreement to acquire the assets of Value Logistics Inc., a privately held intermodal drayage provider for $2.25 million. Value Logistics generates approximately $6 million in annual revenue. The transaction will be funded from cash on hand and will close in October 2020. Forward Air Corporation is executing…
Babylon Pump & Power Limited acquires assets from Tilbrook Ryder Investments
PERTH: Babylon Pump & Power Limited has entered into an unconditional agreement for the acquisition of assets from Tilbrook Ryder Investments Company Pty Ltd. The transaction is expected to complete on 1 October 2020 and will be funded by a cash payment of $750,000 from existing asset finance facilities and issuance of 7,142,856 fully paid…
Swiss Medical Group acquires CoreMedica Europe
LUXEMBOURG: Swiss Medical Group (SMG) Holding Luxembourg S.A., announced the acquisition of CoreMedica Europe, to expand in Europe and the rest of the world. CoreMedica Europe recently made the headlines in Switzerland for combining a COVID-19 Screening Test and Immunity profile with its existing home self-collection kit that allows customers to collect a few drops…
Skyfii acquires Blix
SYDNEY: Skyfii Limited, an omni data intelligence company, has acquired the business and assets of Blix, an Australian headquartered customer insights technology platform, largely servicing the retail and automotive sector, a news release said. Established in 2013, Blix sells and manages an analytics technology platform that combines sophisticated WiFi and people counting technology. Blix’s technology…
FRP Advisory Group acquires JDC Group for a total of £5.3 million
LONDON: FRP Advisory Group plc, a leading UK professional services firm specialising in restructuring advice, has acquired JDC Group, a news release said. Consideration compromises cash, founder deferred consideration and the issue of new ordinary shares for a total of £5.3 million plus a further payment contingent on the net assets of the JDC Group…
IGas acquires geothermal energy generator GT Energy UK
LONDON: IGas Energy has entered into a share purchase agreement (SPA) to acquire GT Energy UK Limited, a developer of deep geothermal heat projects onshore in the UK. Under the terms of the SPA, IGas will make an initial payment of £500,000 to the sellers to be satisfied in 2.22 million IGas ordinary shares on…