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,…
Tag: acquires
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…
Aquila European Renewables Income Fund plc acquires its first solar project in Portugal
LONDON: Aquila European Renewables Income Fund plc (AERIF), the London-listed investment company, has approved the signing of a Sale and Purchase Agreement (SPA) to acquire 100% of the equity in a Portuguese solar portfolio for approximately EUR 16m. The assets in the portfolio are located in the south of Portugal with a total capacity of…
Hawk Ridge Systems acquires Quest Integration
MOUNTAIN VIEW: Hawk Ridge Systems has acquired Quest Integration, a leading DS SOLIDWORKS Reseller in the West, a news release said. The combined company will be the largest provider of HP and Markforged 3D printing solutions and one of the most comprehensive North American DS SOLIDWORKS Reseller networks, with 22 offices serving 23,500 clients in…
MaxLinear acquires NanoSemi
CARLSBAD: MaxLinear Inc. has completed the acquisition of NanoSemi Inc. for an initial transaction consideration consisting $10 million in cash and 804,163 shares of MaxLinear’s Common Stock. NanoSemi is an industry-leading provider of intellectual property that utilizes patented machine learning techniques to improve signal integrity and power efficiency in SoCs, ASICs, and FPGAs used in…
ayfie Group AS acquires Haive AS
OSLO: ayfie Group AS, a provider of search and text analytics solutions, has entered into a share purchase agreement for the acquisition of all shares in Haive AS, thereby strengthening ayfie’s position in the Nordic market. Haive, based in Oslo, is developing site search and knowledge discovery solutions targeted at Norwegian public and private entities….
Foresight Solar Fund Limited acquires first Spanish solar asset
LONDON: Foresight Solar, a fund investing in a diversified portfolio of ground-based solar PV assets in the UK and internationally, has announced the acquisition of its first solar asset in Spain. The 26.1 MW Virgen del Carmen asset, based in Huelva, in the South-West of the country, is the Fund’s first acquisition in Continental Europe…