SYDNEY: NDC HoldCo Pty Ltd has agreed to acquire 100% of the shares in Pacific Smiles by way of a scheme of arrangement for a cash consideration of $1.90 per share. NDC is a portfolio company managed by Crescent Capital Partners Management Pty Ltd. Pacific Smiles will have the discretion to pay shareholders a fully…
LONDON: Thoma Bravo L.P. through Luke Bidco Limited has agreed to acquire entire issued, and to be issued, ordinary share capital of Darktrace Plc. The acquisition will be implemented by way of a Court-sanctioned scheme of arrangement. Under the terms of the acquisition, each Darktrace shareholder will be entitled to receive: $7.75 in cash/share. The…
LONDON: Happiest Minds Technologies Limited (NSE: HAPPSTMNDS) signed definitive agreements to acquire 100% of the equity share capital of PureSoftware Technologies Private Limited for a total purchase consideration of US$ 94.5 Million. PureSoftware with a global presence and headquarters in Noida is a fast-growing Digital Engineering & Transformation Services and solutions provider with deep domain…
SYDNEY: COSOL Limited (ASX: COS) has announced the acquisition of Core Asset Co Pty Ltd, a leading asset performance advisory firm. The acquisition, valued at up to $6.1 million, is set to bolster COSOL’s strategic planning and decision support services, providing clients with comprehensive asset management solutions. Under the terms of the Share Purchase Agreement…
LONDON, UK: Alliance Bidco Ltd, a company indirectly owned by STG Partners has agreed on the terms and conditions of a recommended cash offer to acquire Gresham Technologies plc. Under the terms, each Gresham Technologies shareholder will be entitled to receive 163 pence in cash per share. In addition, prior to the effective date the…
OSLO, NORWAY: Human Care Holding AS (Humana Norway) has entered into an agreement to acquire Team Olivia Norge AS for a purchase price of SEK 341 million on a cash- and debt-free basis. The acquisition is partially financed through an issue in kind of 4 million shares to the sellers. The acquisition is expected to…
SYDNEY, AUSTRALIA: TPC Consolidated Limited (ASX:TPC), a prominent Australian telecommunications company, has announced a definitive agreement for acquisition by Wollar Solar Holding Pty Ltd (WSH), a subsidiary of Beijing Energy International (Australia) Holding Pty Ltd (BJEI Australia). The agreement, formalized through a Scheme Implementation Agreement (SIA), proposes that WSH will acquire all issued shares of…
COMPLETION OF ACQUISITION OF SHINEZ I.O. LTD LONDON, UK: Team Internet Group (AIM: TIG) has entered into a definitive agreement to acquire the entire issued share capital of a leading online marketing business, Shinez I.O. Ltd and its subsidiaries from its current shareholders. Shinez specialises in the production and promotion of highly engaging content across…
LONDON, UK: Oakley Capital Origin Fund I has agreed to acquire Horizons Optical, a provider of medical software used to make premium spectacle lenses. Oakley Capital Origin Fund is acquiring a majority stake in the business alongside CEO Santiago Soler, who will retain a significant share in the business and will continue to lead Horizons….
SYDNEY, AUSTRALIA: Swoop Holdings Limited (ASX: SWP) has agreed to acquire Telco Pay trading as Moose. The purchase price for the acquisition comprises: • $16.15 million payable in cash on Completion (subject to customary net debt and working capital adjustments); • $2.85 million in cash to be paid into escrow and released to the Sellers…
LONDON, uK: Grainger plc, the UK’s largest listed residential landlord with 9,793 operational rental homes and a further 9,962 build-to-rent homes in its £2.4bn pipeline, has exchanged conditional contracts to forward fund and acquire the build-to-rent element of the second phase of ‘Redcliff Quarter’ in Bristol which comprises 374 private rental (PRS) homes, as well…
LONDON, UK: AssetCo (AIM: ASTO), the agile asset and wealth management company, has reached agreement to acquire the entire issued share capital of SVM Asset Management Holdings Limited, the holding company to SVM Asset Management Limited for a total consideration of approximately £10.7 million, a bourse filing noted. The consideration will be satisfied by the…