MELBOURNE: Australia’s Computershare Limited (CPU.AX) said on Thursday it has agreed to sell its UK Mortgage Services business to credit management firm Pepper Advantage, as part of a strategy to simplify its operations and improve earnings quality. The share registry giant expects the transaction to close in the third quarter of its 2026 fiscal year, pending…
LONDON: Elixirr International plc (ELIX.L), a UK-based challenger consultancy, said on Monday it has acquired TRC Advisory LLC, a fast-growing US consultancy focused on growth strategy and commercial effectiveness, for up to $125 million. The deal, which includes performance-based top-up and earn-out payments, will be settled through a mix of cash and newly issued ordinary…
NEW York: Private equity firms KKR and Onex announced Friday that Onex Partners will acquire Integrated Specialty Coverages (ISC), a tech-enabled insurance platform specializing in underwriting and distribution. The deal includes substantial cash payouts for all ISC employees based on their ownership stakes. KKR, which invested in ISC in 2021 through its Americas XII Fund,…
GENEVA: Sword Group has announced the acquisition of Bubble Go, a Geneva-based IT services firm with a nearshore platform in Lisbon, as part of its ongoing mergers and acquisitions strategy. Bubble Go specializes in high value-added IT services, primarily serving clients in the private banking and luxury sectors. The company employs more than 70 professionals…
NEW YORK: Phreesia Inc. (NYSE: PHR), a leading provider of patient activation solutions, said Thursday it has agreed to acquire AccessOne Parent Holdings Inc., a healthcare receivables financing firm, for $160 million in cash. The deal, expected to close in the third or early fourth quarter of Phreesia’s fiscal 2026, is subject to regulatory approvals…
PARIS: Pluxee, a global player in Employee Benefits and Engagement, today announced that it completed the acquisition of 100% of Skipr, an innovative and fast-growing Belgian company providing employee mobility solutions. This acquisition represents a further step in advancing Pluxee’s strategic growth plan in Continental Europe and the execution of its disciplined M&A approach, enabling…
LONDON: Caledonia Investments plc said Tuesday it has agreed to sell its minority stake in Stonehage Fleming Family & Partners Ltd., a leading multi-family office, to U.S.-based wealth advisory firm Corient Private Wealth LLC. The transaction, which includes other shareholders, is subject to regulatory approvals in the United Kingdom and other jurisdictions. Completion is expected…
PARIS: French electronics distributor WE.CONNECT said it has acquired 100% of Exertis France SAS and Exertis Iberia, marking a major step in its European expansion strategy. The deal, finalized after exclusive negotiations with Ireland’s DCC Group, includes a recapitalization of both entities by DCC. WE.CONNECT’s financial contribution was symbolic, amounting to one euro. Exertis France…
LONDON: John Wood Group PLC (Wood) said on Friday it has agreed to sell its North American Transmission & Distribution (T&D) engineering business to Qualus LLC and 2737813 Alberta Ltd for $110 million in cash, as part of its ongoing disposal programme targeting non-core assets. The transaction, expected to close in the third or fourth…
AGA’s NAV fell to €1.11 billion as of June 30, down from €1.23 billion at year-end 2024 LONDON: Apax Global Alpha Limited (AGA) reported a decline in net asset value (NAV) for the first half of 2025, as the private equity investment company prepares for a recommended cash acquisition by Janus Bidco Limited. AGA’s NAV…
CHICAGO: Vector Capital Management, L.P., a private equity firm specializing in transformational investments in technology, announced Wednesday it has entered into a definitive agreement to acquire Showpad, a global leader in AI-powered revenue enablement. The acquisition will pave the way for a merger between Showpad and Bigtincan Holdings, which Vector acquired in April. The combined…
LONDON: Halma Plc (HLMA.L), the global group of life-saving technology companies, announced on Tuesday that it has acquired Brownline, a Netherlands-based provider of gyroscopic locating systems, for €150 million (approximately £129 million) in cash. The acquisition, funded from Halma’s existing facilities on a cash- and debt-free basis, is a strategic move to expand the company’s…