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 additional…
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 shares…
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 Zealand…
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 size…
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. Tornado,…
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 key…
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 same…
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 Group…
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 to…
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 two…
Group operating profit rose 10.1% to €99.0 million LONDON: Origin Enterprises plc (OEGN.I), the international agri-services group, reported a 12.8% rise in adjusted diluted earnings per share for the year ended July 31, 2025, driven by strong performance in its Living Landscapes division and resilient agricultural operations. Group operating profit rose 10.1% to €99.0 million,…
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 June…