LONDON: Loungers plc and CF Exedra Bidco Limited, a company indirectly owned by Fortress Investment Group, LLC, have announced an agreement for Bidco to acquire the entire issued and to be issued share capital of Loungers. The acquisition will be executed through a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006….
Gamma completes acquisition of STARFACE LONDON: Gamma Communications has reached an agreement to acquire the entire issued share capital of SF Technologies Holding GmbH (STARFACE). STARFACE is being acquired, excluding transaction costs, for a cash payment of €196m (c.£165m) for the purchase of 100% of the equity of the Company on a debt-free / cash-free…
LONDON: Safestore, one of the UK’s largest self-storage groups, has entered into a 50/50 joint venture with Nuveen Real Estate to acquire Easybox, Italy’s second largest self-storage operator by number of stores, for €175m. Safestore will initially invest c. €45 million for its 50% share in the joint venture which has also been funded by joint…
LONDON: GlobalData Plc has signed an agreement to acquire Celent, a leading research and advisory firm, which is currently, part of Marsh McLennan’s Oliver Wyman Group. Completion, which is subject to certain closing conditions, is expected to occur on 31 December 2024 and will be funded from the Group’s existing cash resources. For over 20…
To enhance its data analytics and decision intelligence capabilities, COSOL has announced to acquire Toustone Pty Ltd, a renowned company specializing in data analytics, predictive analytics, and decision intelligence. The acquisition is valued at up to $22.4 million. Toustone has earned its reputation by developing proprietary data platforms that generate revenues through ARR software subscriptions,…
LONDON: Apax Global Alpha Limited (AGA), the closed-ended investment company providing access to the Apax Private Equity Funds, today announced that it expects to invest approximately €28m in the accountancy and advisory practice of Evelyn Partners on a look-through basis. On 25 November 2024, the Apax XI Fund (“Apax XI”), in which AGA is a…
Completion of acquisition of Alpha Beta Partners LONDON: Tavistock Investments Plc (AIM:TAVI) has exchanged contracts for the acquisition of Alpha Beta Partners (ABP), a well-regarded asset management business based in London and Bath with approaching £3 billion of assets under management and a strategic focus on retail investors served by regulated advice businesses which is…
SYDNEY: Findi Limited (ASX: FND), a digital payments and financial services provider, announced that its majority-owned subsidiary, Transaction Solutions International (India) Pvt Ltd (TSI), has signed a binding agreement to acquire Tata Communications Payment Solutions Ltd (TCPSL), a subsidiary of Tata Communications, for A$75.7 million. The deal requires approval from the Reserve Bank of India…
SYDNEY: HMC Capital Limited (ASX: HMC) has announced an agreement to acquire iseek, an Australian co-location data centre platform, for $400 million. This acquisition aligns with HMC’s plan to create a Global Digital Infrastructure Platform, known as DigiCo. HMC has secured $2.5 billion in strategic assets in Australia and is conducting due diligence on an…
SYDNEY: Advance Metals Limited (AVM) has entered into a binding sale agreement with Golden Minerals Company (NYSE: AUMN) to acquire a 100% interest in the Yoquivo Silver Project in northwest Chihuahua State, Mexico. This follows AVM’s previous announcement on October 25, 2024, titled “Acquisition of High-Grade Silver and Gold Project in Mexico.” The acquisition of…
LONDON: Ashtead Technology Holdings plc (AIM: AT.), a leading subsea equipment rental and solutions provider for the global offshore energy sector, has reached an agreement to acquire Seascan Limited and its subsidiaries (otherwise known as Seatronics), along with its sister company, J2 Subsea Limited, an international subsea electronics and ROV tooling rental and services business…
PERTH: Lycopodium Limited has entered into a Heads of Agreement to acquire a majority interest in SAXUM, an Argentinian headquartered engineering company. Under the terms of the agreement, Lycopodium will acquire a 60% shareholding in SAXUM with options over the remaining share capital in subsequent years. SAXUM is a multi-disciplinary engineering and project management services…