SYDNEY: Electrical solutions provider IPD Group Ltd said on Tuesday it agreed to acquire Platinum Cables Pty Ltd, a specialist supplier to Australia’s mining sector, in a deal worth up to A$45 million ($30.1 million). The initial consideration is A$37.5 million, comprising A$37.0 million in cash and A$0.5 million in new IPD shares. An…
SYDNEY – Australian compliance technology firm WRKR Limited said on Monday it has agreed to acquire payroll compliance platform PaidRight Holdings Pty Ltd in an all-share deal valued at approximately A$11.4 million ($7.6 million), accelerating its expansion beyond superannuation services. The strategic acquisition, announced to the Australian Securities Exchange, will see WRKR issue 90,909,091 new…
SYDNEY- Australian debt collection technology firm Credit Clear Limited CCR.AX said on Thursday it has agreed to buy software-as-a-service (SaaS) collections business DTS for A$7.75 million ($5.1 million) in cash, aiming to expand its digital platform and geographic footprint. The acquisition of Illion Digital Tech Solutions Holdings Limited (DTS), a unit of Experian New…
AUSTIN – Sverica Capital Management LP said on Thursday it has sold its Fund V portfolio company, Coastal Cloud Holdings LLC, to Tata Consultancy Services Ltd (TCS) in a deal valued at $700 million. The transaction marks the end of a five-year partnership between Sverica and Coastal, during which the Florida-based consultancy quadrupled in…
BLOOMINGTON – The Toro Company (NYSE: TTC) announced on Monday it has finalized the acquisition of Tornado Infrastructure Equipment Ltd. (TSX-V: TGH), a move that significantly expands its position in the fast-growing vacuum excavation market. The all-cash transaction, valued at 279 million Canadian dollars, was funded through the company’s existing credit facilities and additional financing.…
BRUSSELS: Belgian pharmaceutical compounding firm Fagron said on Monday it had acquired the business of Poland’s Amara and Hungary’s Magilab to strengthen its position in the EMEA region, part of a strategy to diversify in dynamic markets. The company also said it had secured a new $225 million U.S. credit facility and received a…
ROTTERDAM: Global specialty chemicals distributor IMCD N.V. reported a slight dip in a key profit metric for the first nine months of 2025, citing ongoing macroeconomic challenges and negative currency impacts, the company announced Thursday. The company’s operating EBITA, a measure of earnings, decreased 2% to 394 million euros ($422 million) compared to the…
SAN FRANCISCO — Ripple, the digital assets and infrastructure firm closely associated with the cryptocurrency XRP, said Wednesday it has raised $500 million in new funding, lifting its valuation to $40 billion as it accelerates expansion beyond payments and deepens ties with institutional finance. The funding round was led by affiliates of Fortress Investment…
STOCKHOLM: Swedish medical technology and life sciences investor MedCap AB on Friday reported a 32% rise in its third-quarter adjusted core earnings, driven by robust organic growth and contributions from recent acquisitions. The company, which buys and develops small- and medium-sized life science companies, said adjusted earnings before interest, taxes and amortisation (EBITA) rose…
IRVING: Builders FirstSource, Inc. (NYSE: BLDR) announced Thursday it has acquired Builder’s Door & Trim and Rystin Construction, two turnkey millwork providers based in the Las Vegas area. The acquisitions mark the company’s first millwork operations in the region and are part of a broader strategy to expand value-added offerings in high-growth markets. The…
For the six months ended June 30, 2025, group revenue rose 18.6% to £42.4 million LONDON: Fintel plc (AIM: FNTL), a leading provider of software and support services to the UK retail financial services sector, reported robust half-year results Tuesday, underscoring its strategic transformation and integration of nine acquisitions. For the six months ended…