TeamViewer acquires U.S. augmented reality software firm Upskill
TeamViewer said on Tuesday it had acquired Upskill, a U.S. company that specialises in augmented reality applications for front-line workers. The deal marks the third takeover by CEO Oliver Steil since TeamViewer, headquartered in Goeppingen, was floated in Sept. 2019 by private equity backer Permira. With the acquisition of Upskill, TeamViewer acquires the ability to […]
ARX Equity Partners acquires Instrumentation Technologies
ARX Equity Partners has is to acquire Instrumentation Technologies (I-Tech). The transaction also includes Red Pitaya, a handheld electronics lab incorporating instruments such as oscilloscopes and signal generators. A market that is currently witnessing large scale adoption among signal processing engineers, hobbyists and students. Rok Ursic, Founder of Instrumentation Technologies, says: “When I founded I-Tech […]
Affiliates of IPI Partners acquire ACDC Holdings
ACDC Holdings (ACDC), the controlling shareholder of SUPERNAP Italia (SUPERNAP), has been acquired by affiliates of IPI Partners (IPI) from affiliates of Accelero Capital Holdings (Accelero Capital). IPI is a private equity firm that invests in data centres and other technology and connectivity-related real assets and is co-sponsored by ICONIQ Capital, LLC and an affiliate […]
Pathstone Announces the Addition of Cornerstone Capital Group
Pathstone, an independently operated, partner-owned advisory firm offering families, family offices, and select nonprofit institutions comprehensive family office services and customized investment advice, and Cornerstone Capital Group, today jointly announced that Cornerstone joined Pathstone. “The depth and laser focus of Cornerstone, together with the scale and strength of Pathstone, now creates the preeminent Impact Investment […]
Kirkland advises L Catterton on deal to acquire majority stake in BIRKENSTOCK Group
Kirkland & Ellis has advised L Catterton on an agreement together with its affiliates, as well as a group of investors including Financière Agache, the family holding company of Bernard Arnault, the CEO of LVMH, to acquire a majority stake in BIRKENSTOCK Group. BIRKENSTOCK is a global lifestyle brand with a heritage in iconic footwear. […]
EDP Brasil to acquire solar energy assets of AES unit
Brazilian power company EDP Energias do Brasil SA said on Thursday that its EDP Smart division has signed a deal to acquire solar energy assets from the local unit of AES Inc for 177 million reais ($32 million). The transaction involves AES Inova, an investment platform for distributed generation that uses smaller technology systems, such […]
Tailwater Capital, a Dallas private equity firm expects ‘active 2021’
Tailwater Capital announced three acquisitions in the last month, and the firm’s co-founders and managing partners said there will be more to come in 2021. The Dallas-based private equity firm, which focuses on middle market infrastructure associated with energy, expects this to be an active year for acquisitions, about one year after it closed its fourth […]
Listed software company K3 Business Technology completes near £15m deal with private equity-backed firm
K3 said the transaction has generated more than £10m in profits A Manchester software firm has sold its managed services unit to a private equity-backed company for almost £15m. K3 Business Technology, which provides business software, cloud solutions and managed services, has completed the deal for Starcom Technologies with Node4, an infrastructure and services company […]
Suez board rejects Veolia’s takeover offer
French waste and water management firm Suez said on Friday its board had unanimously rejected Veolia’s offer of 18 euros per share, formalising opposition to a bid after months of wrangling between the rivals. Veolia has argued its bid, which values Suez at 11.3 billion euros ($13.7 billion), would help create a global champion to […]
Italy’s Piaggio Aerospace invited five bidders to make purchase offer
Italy’s Piaggio Aerospace, which filed for protection from creditors late in 2018, said on Wednesday it had formally invited five bidders to make a purchase offer for the group. The deadline for the five bidders to file non-binding offers is set for March 5, the company said in a statement, adding they were interested in […]
