NEW YORK — Teamshares Inc., a tech-enabled acquiror of small-to-medium-sized enterprises (SMEs), said on Saturday it will go public through a merger with blank-check firm Live Oak Acquisition Corp. V (NASDAQ: LOKV) in a deal valuing the combined company at $746 million. The business combination includes a $126 million private investment in public equity (PIPE)…
Tag: Private equity
FRP Advisory Group acquires Arc & Co Structured Finance Limited for £6.0 million
LONDON: FRP Advisory Group plc, a leading national specialist business advisory firm, announced the acquisition of Arc & Co Structured Finance Limited (“Arc & Co”) for a consideration of £6.0 million, plus an additional amount for the net assets acquired on completion of approximately £650,000 and a three-year performance based earn-out linked to profit in excess of…
Abu Dhabi’s Investcorp Capital acquires U.S. firm Kanawha Scales & Systems
ABU DHABI: Investcorp Capital PLC said on Friday it had acquired Kanawha Scales & Systems (KSS), a U.S. provider of industrial weighing services, from American Equipment Holdings. The acquisition, arranged by Investcorp Capital’s founding company Investcorp, expands the Abu Dhabi-listed firm’s portfolio of U.S. industrial assets. Financial terms of the deal were not disclosed. Headquartered…
New Sources Energy, Conduit Ventures sign MoU for strategic renewable energy collaboration
AMSTERDAM: New Sources Energy N.V. (NSE) and Conduit Ventures Ltd. (CV) said on Thursday they have signed a memorandum of understanding to form an exclusive strategic partnership aimed at jointly financing and developing renewable energy and energy efficiency projects. The collaboration will combine private and public equity mechanisms to support portfolio companies in the energy…
AFM Capital’s Pro Products Holdings acquires precision machiner Owens Industries
INDIANAPOLIS: Private investment firm AFM Capital Partners said on Thursday its portfolio company Pro Products Holdings LLC has acquired Owens Industries, LLC, a move that expands its precision manufacturing capabilities for the aerospace and defense sectors. Financial terms of the deal were not disclosed. Owens Industries, based in Oak Creek, Wisconsin, is a provider of…
Macquarie-led consortium to acquire majority stake in Potters Industries
NEW YORK: A consortium led by Macquarie Asset Management has agreed to buy a majority stake in Potters Industries LLC, a key supplier of glass materials for road safety, from private equity firm TJC L.P., the parties said on Tuesday. The transaction, which includes co-investors Australian pension fund UniSuper and global investment firm Partners Capital,…
HgCapital Trust announces £19 million investment in Diamant Software GmbH
BIELEFELD – HgCapital Trust plc (HgT), today announces an investment of approximately £19 million in Diamant Software GmbH. HgT invests alongside other institutional clients of Hg, which is investing from its Hg Genesis Fund. These figures only relate to HgT’s share of Hg’s overall investment in Diamant Software. HgT, whose shares are listed on the…
Permira-backed bidco to acquire JTC in £2.3 billion cash deal
LONDON: Private equity firm Permira has agreed to acquire fund administration group JTC Plc (JTC.L) through its newly formed vehicle Papilio Bidco Ltd in a recommended cash deal valuing the company at approximately £2.3 billion ($2.8 billion). Under the terms of the offer, JTC shareholders will receive 1,340 pence per share in cash, representing a…
HgCapital Trust reports NAV growth amid strong portfolio performance in Q3
LONDON: HgCapital Trust plc reported a rise in its net asset value for the quarter ended Sept. 30, 2025, driven by robust trading within its portfolio of unquoted European technology firms, the company announced Thursday. The trust, which offers a listed vehicle for investing in companies managed by private equity firm Hg, saw its NAV per…
Gimv invests in Belgian food tech firm Quality Guard to expand European food safety platform
ANTWERP: Belgian private equity firm Gimv has taken a minority stake in Quality Guard, a fast-growing food tech company that provides a software platform to help foodservice and retail businesses manage food safety compliance. Quality Guard, founded and led by co-CEOs Wim and Achlie Van Gierdegom, offers a SaaS platform that digitizes and automates food…
Partners Group Private Equity to sell Clario to Thermo Fisher Scientific
LONDON: Partners Group Private Equity Limited (PGPE Ltd) announced Monday the sale of Clario, a leading provider of clinical trial data solutions, to Thermo Fisher Scientific. The transaction, subject to customary regulatory approvals, is expected to close by the end of the second quarter of 2026. Clario, headquartered in Philadelphia, is PGPE Ltd’s eighth-largest portfolio…
US investor Long Path offers to takeover Idox Plc for £340 million
LONDON: British software firm Idox plc said on Tuesday it had agreed to a recommended cash acquisition by Frankel UK Bidco Limited, a vehicle indirectly owned by U.S. investment manager Long Path, valuing the company at approximately £339.5 million ($[Insert approximate USD equivalent]). Under the terms of the deal, Idox shareholders will receive 71.5 pence in…