LONDON: Hill & Smith PLC today announced the acquisition of Whitlow Electric Service Company. The Group has completed the acquisition of the business and assets of Whitlow from its shareholder, Bruce Whitlow, who will be staying with the business. The cash consideration is $30.2m (c.£23m), on a debt and cash free basis. Whitlow Electric Service, located…
Convergint, a global leader in service-based systems integration, today announced that it has acquired Esscoe, a premier provider of mission-critical security and fire and life safety systems in the Chicago and Midwest regions. Esscoe is a local market leader, offering exceptional design and engineering capabilities and fully integrated, tech-enabled security solutions. The acquisition enables Convergint…
LONDON: RUA Life Sciences (AIM: RUA) has acquired the entire issued share capital of Analytic Biosurgical Solutions SAS, for a cash consideration of €80,000 from the French liquidator of IPSA SAS, the former parent company of Abiss. The acquisition will be funded from the Company’s existing cash resources and will be paid in full on…
LONDON: Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, today announced the acquisition of Piezocryst Advanced Sensorics GmbH from AVL List GmbH (AVL) for €133.5 million (£112.2 million). The acquisition of Piezocryst builds on our long-standing relationship with AVL. Based in Graz, Austria, Piezocryst has been a leading provider of piezoelectric…
London: Flowtech Fluidpower plc (AIM: FLO), the specialist technical provider of fluid power and motion control products and engineering services announces the acquisition of the business and certain assets of Thomas Wright/Thorite Group Limited. The transaction completed immediately following the appointment of Administrators, Interpath Advisory to Thorite. Mike England, CEO of Flowtech said: “We are delighted to acquire this well-respected brand…
LONDON: Mpac Group plc, a global leader in high-speed packaging and automation solutions, has acquired the trade and certain assets of SIGA Vision Ltd, a UK-based provider of machine vision solutions to the food, beverage and healthcare markets. SIGA, founded in 2007, is a leading designer of automated visual inspection systems, providing customers with solutions for…
LONDON: Netcall plc (AIM: NET), a leading provider of intelligent automation and customer engagement software, has acquired Govtech Holdings Limited, a digital process automation company. Headquartered in Cirencester, Gloucestershire, Govtech serves around 50 local authorities including Leeds City Council, The City of Edinburgh Council and Bristol City Council. All 39 employees, including the founders, will…
LONDON: YouGov Plc, the international research and data analytics group, announced the acquisition of Yabble, a New Zealand based company pioneering the use of generative AI to deliver audience insights. The acquisition will see YouGov acquire Yabble’s technology to power new and valuable insights for clients across the world, while also seeing YouGov’s data become the…
LONDON: ACA Group has announced the acquisition of Encore Compliance, a leader in AI compliance software solutions. This acquisition enhances ACA’s Managed Services suite of people, processes, and technology, adding AI-enabled surveillance for expert network chaperoning and research calls to help asset managers and investment advisors comply with SEC, FCA, and ESMA regulations. Additionally, this…
CAIRO: MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has acquired Tam Finans, a leading commercial finance company in Turkey with a loan book exceeding US $300 million, from Actera Group, the country’s leading private equity firm, and the European Bank for Reconstruction and Development (EBRD). Terms of the transaction were not disclosed. The market…
LONDON: Software Circle plc (AIM: SFT) has acquired the entire issued share capital of Link Maker Systems Limited. Link Maker’s adoption platform joins-up children’s social care across the UK to increase placement choice for children, and to improve use of data and collaboration between local authorities and adoption agencies. The total consideration of £4.5m will…
Macfarlane Group PLC announced the acquisition of Polyformes Limited for up to a maximum cash consideration of £11.5 million, including an earn-out of up to £4.8 million over two years.