Investcorp acquires the business and assets of digital payments platform operator MIR Limited
Investcorp Technology Partners (ITP), a European technology investor, has completed the acquisition of all of the business and assets of MIR Limited, which operates a payments platform and e-wallet solutions. MIR Limited’s Business is a fast-growing Fintech business with more than one million registered users in 180 countries across the globe. Its offering includes some […]
Cinven-backed NSM acquires Canada Care Medical Group
National Seating & Mobility (NSM), North America’s largest provider of comprehensive mobility solutions, has acquired Canada Care Medical Group, Canada’s second-largest provider of home medical equipment (HME) and mobility services. With the acquisition, NSM acquires 10 locations in four new provinces in Eastern Canada. “Helping individuals gain personal independence through custom mobility and accessibility solutions […]
Brightstar Capital Partners to acquire majority stake in XLerate
Brightstar Capital Partners (Brightstar), a private equity firm focused on partnering with families, founders, entrepreneurs and management teams, is to acquire a majority stake in XLerate Group (XLerate), a car auction and remarketing facilitation company. The Company’s senior management team, as well as current owner Huron Capital, both will retain minority equity stakes in the […]
FDH Aero Acquires Madison Aerospace
FDH Aero (“FDH”), an aerospace and defense products distributor serving aircraft production and aftermarket supply chains, has acquired Madison Aerospace (“Madison”). The acquisition broadens FDH’s reach with additional product offerings in the OEM segment, serving a diversified customer base. Madison Aerospace was founded in 2000 by Brian Hutchins and is based in Haltom City, Texas. […]
Swedish drugmaker SOBI soars on $8 billion takeover bid from U.S. private equity
Swedish drugmaker Orphan Biovitrum (SOBI) has agreed to an $8 billion takeover bid from US private equity firm Advent International and Aurora Investment, an affiliate of capital markets group GIC. The SOBI – GIC deal, once finalized, could be the largest-ever leveraged buyout in Sweden. SOBI shares rose by 27 percent to SKr243.50, way ahead of the recommended offer price of Skr235, […]
Cinven pulls out of takeover battle for Sanne
Private equity firm Cinven has bowed out of the potential bidding war to buy FTSE 250 asset manager Sanne Group. London-based Cinven made a series of takeover offers for Sanne earlier this year, sweetening its final offer to 875p per share, valuing the firm at around £1.4 billion in June. This offer was ultimately rejected […]
Francisco Partners acquires Follett School Solutions
Follett Corporation has sold Follett School Solutions (FSS), the company’s K-12 software and content division, to Francisco Partners, a technology-focused global investment firm. Follett School Solutions, based in McHenry, Illinois, is a longtime trusted educational partner to K-12 schools and districts that provides software and content products, including Follett Destiny, FSS’ market-leading library management system […]
HIG Capital completes acquisition of Jackson Paper Manufacturing and Sustainable Corrugated
An affiliate of HIG Capital (HIG) has completed the acquisition of Jackson Paper Manufacturing and Sustainable Corrugated (JPM). Founded in 1995, JPM is a leading vertically integrated manufacturer of 100% recycled corrugated packaging. Headquartered in Sylva, North Carolina, JPM specializes in the manufacturing of 100% recycled medium, corrugated sheets, and digitally printed corrugated packaging. JPM’s diverse […]
HIG Capital completes acquisition of Jackson Paper Manufacturing and Sustainable Corrugated
An affiliate of HIG Capital (HIG) has completed the acquisition of Jackson Paper Manufacturing and Sustainable Corrugated (JPM). Founded in 1995, JPM is a leading vertically integrated manufacturer of 100% recycled corrugated packaging. Headquartered in Sylva, North Carolina, JPM specializes in the manufacturing of 100% recycled medium, corrugated sheets, and digitally printed corrugated packaging. JPM’s […]
Everstone snaps up Calibre Chemicals for about $100 mn
Singapore-headquartered private equity major Everstone Capital on Tuesday announced the acquisition of a controlling stake in Calibre Chemicals, which is a specialty ingredients player focused on the pharmaceutical, nutritional and personal care segments, for a reported $100 million. The city-based, privately-held Calibre was established in 1984 and manufactures a range of specialty chemicals falling into […]
