Italy’s Nexi moves to close SIA takeover after antitrust green light
Nexi (NEXII.MI) said its acquisition of smaller rival SIA to create an Italian payments champion will be completed “as soon as practicable” after Italy’s antitrust authority gave a conditional green light to the deal. The competition watchdog gave the approval on Thursday, after last month saying it had opened an investigation into the merger due to […]
TA Associates to acquire a significant stake in Partners Group-owned Foncia
Partners Group, global private markets firm, is expanding the shareholder base of Foncia, a provider of residential property management services in Europe. Incoming shareholder TA Associates has agreed to acquire a 25 % stake in the business, while Partners Group will continue to hold a majority stake in the Company on behalf of its clients. […]
TA Associates to acquire a significant stake in Partners Group-owned Foncia
Partners Group, global private markets firm, is expanding the shareholder base of Foncia, a provider of residential property management services in Europe. Incoming shareholder TA Associates has agreed to acquire a 25 per cent stake in the business, while Partners Group will continue to hold a majority stake in the Company on behalf of its […]
Coty Sells 9% Stake in Wella to KKR in $426.5 Million Deal
Coty Inc. has announced its intent to will sell roughly 9% of its stake in German hair care company Wella to private equity company KKR. The $426.5 million deal will give the multinational beauty company nearly half of its shares, owned by KKR. The deal will result in a 30.6% dip in Coty’s share in Wella, or $1.38 billion. […]
AnaCap completes two performing loan investments in Spain with a face value of €200m
AnaCap Financial Partners (AnaCap), a specialist mid-market investor, has closed two performing loan transactions in Spain from of its fourth Credit Opportunities fund. The first investment is a portfolio of ~55,000 point-of-sale originated consumer loans, with a significant portion originating from the health and dental sector. The second investment is a non-core disposal of point-of-sale-originated […]
Kindred Group acquires Relax Gaming
Kindred Group has completed the previously announced acquisition of the remaining outstanding shares in Relax Gaming, a growing B2B iGaming supplier. Kindred Group announced on 2 July 2021 that it had entered into an agreement to acquire the remaining 66.6 per cent of the outstanding shares in Relax Gaming. Relax Gaming is a market-leading B2B […]
O’Melveny advises DL Chemical on $1.6bn acquisition of Kraton Corporation
O’Melveny has advised DL Chemical Co, a subsidiary of DL Holdings Co (formerly Daelim Industrial Co), on its merger agreement to acquire 100 percent of Kraton Corporation (NYSE: KRA), a global sustainable producer of specialty polymers and high-value bio-based products, in an all-cash transaction with an equity value of approximately USD1.6 billion. The company’s enterprise […]
UK software company Blue Prism agrees $1.5 billion sale to private equity firm Vista
British software company Blue Prism said Tuesday it has agreed on a deal to be taken over by private equity firm Vista Equity Partners for £1.1 billion ($1.5 billion) in cash. Blue Prism, which specializes in software robots that automate repetitive tasks, said Vista would pay each shareholder £11.25 per share, a 35% premium to the company’s […]
KKR to acquire Probe CX
KKR is to acquire a majority stake in Probe CX alongside existing management from Quadrant Private Equity, Five V Capital, Rodney Kagan and other shareholders of the company. The investment will be used to further fuel Probe’s robust growth and strengthen its digital capabilities to enhance its service offering to customers. Probe is a leading […]
OPEN Health Acquires ARK
OPEN Health has today announced the acquisition of London-based agency ARK. ARK has a unique approach to delivering data-driven, digital-first creative campaigns. Integrating the ARK business with the OPEN Health Group further strengthens our global creative, digital-first resources, and our ability to offer our global clients measurable omnichannel campaigns. In terms of scale, the acquisition means […]
