SageWind portfolio company QuantiTech acquires Systems Engineering Group
QuantiTech, a portfolio company of Sagewind Capital (Sagewind), has acquired Systems Engineering Group, (SEG) from Griffon Corporation. Financial terms of the transaction have not been disclosed. Headquartered in Columbia, Maryland, SEG is a leading provider of threat engineering and modeling and simulation services to the US Government, primarily supporting the Naval Surface Warfare Center, Missile […]
Mayfair Equity Partners backs Seraphine in buy-out from Bridgepoint Growth
Mayfair Equity Partners (Mayfair), a leading tech and consumer growth investor, has backed the management buy-out of Seraphine, a maternity and nursing brand, which values the company at around GBP50 million. Mayfair, along with management, has acquired the company from Bridgepoint Growth and entrepreneur founder Cécile Reinaud. Launched in 2002 as a boutique store in […]
United Group to acquire Bulgarian media company Nova Broadcasting Group from Advance Media Group
United Group, a provider of telecommunications services and media in Southeast Europe, is to acquire Bulgaria’s largest multi-platform media company Nova Broadcasting Group from Advance Media Group. The transaction is expected to close early in 2021 and is subject to customary regulatory approvals. Nova comprises of 10 TV channels including national NOVA TV, the country’s […]
Ladbrokes owner Entain rejects £8bn MGM takeover approach
Shares in UK group surge after proposal from one of US’s biggest casino operators Entain, the UK gambling group behind Ladbrokes and Coral, has rejected an £8bn takeover proposal from US casino operator MGM Resorts, arguing that it “significantly undervalues” the company. In a statement on Monday, the FTSE 100 company, which also owns sports-betting […]
Private equity, venture capital firms invest $598 million in Tamil Nadu
They struck 33 deals with T.N.-based companies in 2020 Despite the COVID-19 pandemic and several uncertainties, private equity and venture capital companies invested $598 million in Tamil Nadu-based companies through 33 deals during 2020. In 2019, the State attracted $1,641 million in private equity and venture capital investments through 54 deals, according to data sourced […]
Waterland to combine Priory Group with MEDIAN
Waterland Private Equity Investments is acquiring Priory Group, a provider of behavioural healthcare services in the UK. Waterland intends to combine Priory with MEDIAN, a German provider of rehabilitation, neurology and orthopaedic treatments and portfolio company of Waterland, to create a leading European rehabilitation and mental health services provider. The transaction is expected to complete […]
One Equity Partners acquires VASS Consultoria de Sistemas
One Equity Partners (OEP), a middle market private equity firm, has completed the acquisition of VASS Consultoría de Sistemas (VASS), a European provider of digital transformation, cloud infrastructure and managed IT solutions. Financial terms of the transaction have not been disclosed. Headquartered in Madrid, Spain, VASS is focused on digitally transforming its customers’ value chain […]
Gryphon Investors completes majority investment in Right Time Heating and Air Conditioning
Middle market private equity firm Gryphon Investors has acquired Right Time Heating and Air Conditioning from Clairvest Group Inc, a Canadian private equity firm. Right Time’s management will remain with the Company and retain a significant equity stake. Financial terms of the transaction have not been disclosed. Founded in 2014 and headquartered in St Catharines, […]
M&A Bankers Clock Busiest-Ever Holiday Season in Final Deal Rush
Almost 2,500 transactions announced in final two weeks of 2020. Late rush caps off blockbuster second half for deals this year. Christmas was canceled for dealmakers after a record-breaking final burst of M&A activity at the end of the year. A total of 2,496 transactions were announced globally in the final two weeks of 2020, […]
Connells agrees to buy realtor Countrywide after bidding war
CONNELLS Ltd has agreed to buy struggling UK realtor Countrywide Plc after prevailing in a bidding war with a private equity firm. Connells, a UK privately owned property firm, will pay 395 pence per share in a cash deal that values Countrywide at about £134 million (S$242 million), according to a company statement. That’s a […]
