LONDON: Intrepid Bidco Ltd., a newly formed entity wholly owned by funds managed or advised by U.S.-based private equity firm HGGC LLC, has launched a recommended all-cash offer to acquire Inspired PLC, a U.K.-based energy and sustainability services provider, the companies announced Thursday. Under the terms of the deal, Inspired shareholders will receive 81 pence…
LONDON: Private equity firm HGGC, LLC confirmed Tuesday that it is in advanced discussions with Inspired Plc over a possible cash offer of 81 pence per share, a bid that could result in a full acquisition of the company. HGGC, the third party referenced in Inspired’s May 21 response to an unsolicited offer from Regent…
HGGC, a values-driven middle-market private equity firm with over $6.9 billion of cumulative capital commitments, today announced that it has signed a definitive agreement to sell AMI (or “the Company”) to investment firm THL Partners. Terms of the private transaction were not disclosed. The transaction is expected to close in Q4 2024, pending regulatory approvals. AMI…