TAMPA: Financial automation firm Gravity said on Thursday it has acquired grants management software provider Cityspan, a move that expands its product portfolio as it builds an all-in-one financial operations platform for government clients. The deal, terms of which were not disclosed, combines Gravity’s core disclosure and budgeting automation with Cityspan’s cloud-based systems for managing…
TOKYO: Japanese construction materials firm Kondotec Inc said on Friday it will acquire all shares of Suzutoh Co., Ltd., making it a subsidiary as part of a strategy to strengthen its supply system and expand in growth areas. The acquisition, approved by Kondotec’s board on Friday, is scheduled to be completed on Nov. 27, the company…
BRUSSELS: Belgium’s KBC Group (KBC.BR) has agreed to buy the Czech and Slovak units of Business Lease Group from Dutch rival AutoBinck Group (BINCK.AS) for 72 million euros ($77 million), the companies said on Thursday, in a move to significantly bolster its leasing operations in Central Europe. According to a stock filing, the acquisition is…
LONDON: Redcentric plc (AIM:RCN), a leading UK IT managed services provider, has conditionally agreed the sale of its Data Centre business, Redcentric Data Centres Limited, (RDC) to Stellanor Datacenters Group Limited, UK data centre operator backed by a fund managed by DWS Group for a cash consideration based on an enterprise valuation of up to…
CAMDEN: New Jersey American Water Tuesday announced an agreement to acquire the privately held Gordon’s Corner Water Company, a move that would bring approximately 15,000 customers in Monmouth County under its service. The acquisition, which requires state regulatory approval, is expected to be completed by mid-2026. Gordon’s Corner serves customers in portions of Colts Neck,…
CENTER VALLEY: Shift4 (NYSE: FOUR), the leader in integrated payments and commerce technology, has entered into exclusive negotiations to acquire Bambora Inc, Bambora Holding Corp, Bambora Corp, and Worldline SMB US, Inc (collectively “Bambora North America”), Worldline’s (Euronext: WLN) North American subsidiaries. The contemplated transaction is expected to close in the first quarter of 2026,…
MUNICH: DYWIDAG Systems International (DYWIDAG) has agreed to sell 100% of its shares in TAM Groupe, a French construction products maker, to German investment firm Private Assets SE & Co. KGaA, the companies said on Tuesday. The transaction, which is subject to closing conditions, is expected to be completed by early December 2025. TAM Groupe is…
LONDON: Hostelworld Group has acquired the entire issued share capital of OccasionGenius Inc., a US-based B2B event discovery platform, for a total cash consideration of $12.0 million. OccasionGenius empowers businesses to inspire their audiences with a global event dataset delivered via API, comprising a rich, city-by-city catalogue of local ‘Things to Do’ and a unique…
LONDON: Riverstone Energy Limited (REL) announced the proposed sale of 100% of its interest in Onyx Power to ResInvest Group, a privately owned trading and investment company, supplying key commodities for global markets. Onyx Power is a European-based independent power producer that owns and operates approximately 2,350 MW of gross installed capacity of coal-, gas-,…
LONDON: Coca-Cola HBC AG has entered into a definitive sale and purchase agreement to acquire a 75% shareholding in Coca-Cola Beverages Africa Pty Ltd (CCBA) from The Coca-Cola Company and Gutsche Family Investments Pty Ltd (GFI) for a combined purchase price of US$2.6 billion, implying an equity value for 100% of CCBA of US$3.4 billion….
SYDNEY: Australian digital payments firm Findi Ltd said on Tuesday it has arranged a new A$30 million ($19.5 million) debt facility, agreed to acquire technology firm Sphere, and provided financial guidance for fiscal 2026, as it prepares for a planned Indian initial public offering. The new funding will replace an existing A$9.5 million facility and…
MELBOURNE: Helloworld Travel Ltd (ASX:HLO) said on Tuesday it has acquired the remaining 50% stake in Mobile Travel Holdings, trading as Mobile Travel Agents (MTA), for approximately A$36 million, bringing its total investment in the Gold Coast-based mobile travel agency to around A$50 million. The deal, which values MTA at five times earnings, is expected…