SYDNEY: Australian-listed medical technology company Uscom Limited said on Tuesday it has agreed to sell its entire business and assets to Singapore-based investment fund AXO Medtech VCC, a move aimed at rescuing the loss-making firm. The sale, which is subject to shareholder approval at a general meeting scheduled for Nov. 11, will see Uscom divest its…
Tag: M&A
Saudi Arabia’s PIF, Silver Lake, Kushner’s Affinity to acquire Electronics Arts in record $55 billion deal
Video game giant Electronic Arts Inc agreed to be acquired by a consortium including Saudi Arabia’s Public Investment Fund, U.S. private equity firm Silver Lake, and Affinity Partners in a landmark $55 billion all-cash deal that would be the largest leveraged buyout in history. Under the terms of the deal announced on Monday, shareholders of…
Genuit Group has acquired Davidson Holdings Limited for £49 million
LONDON: Genuit Group plc, the UK’s largest provider of sustainable water, climate and ventilation solutions for the built environment, today announces that it has acquired Davidson Holdings Limited for a total consideration of £49.0 million on a debt-free and cash-free basis. The Business comprises leading brands in the plumbing and heating sectors including Salamander Pumps,…
Dentalcorp to be acquired by by GTCR in C$3.3 billion deal
TORONTO: Dentalcorp Holdings Ltd., Canada’s largest network of dental practices, said on Thursday it has agreed to be acquired by private equity firm GTCR in a deal that values the company at about C$3.3 billion ($2.4 billion) including debt. Under the terms of the agreement, GTCR will pay C$11.00 in cash for each share of…
Computershare sells UK Mortgage Services unit to Pepper Advantage
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…
Elixirr acquires US consultancy TRC Advisory in $125 million deal to expand global footprint
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…
KKR sells insurance platform ISC to Onex Partners; employees to receive cash payouts
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,…
Sword Group acquires Bubble Go to bolster nearshore IT capabilities
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…
Phreesia to acquire AccessOne for $160 million, expanding patient payment capabilities
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…
Pluxee has acquired Skipr, an employee mobility solutions company
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…
Caledonia Investments to sell its minority stake in Stonehage Fleming Family & Partners
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…
WE.CONNECT acquires Exertis France and Iberia in strategic expansion move
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…