Francisco Partners to acquire MyHeritage
Private equity investor Francisco Partners is to acquire family history specialist MyHeritage.Financial terms of the transaction have not been disclosed. Since 2003, MyHeritage has pioneered a new approach to discovering family history, making it easier and more accessible to millions of people around the world. Founder-led and fuelled by a deep-seated passion for genealogy and […]
TSG and Clearent Merge to Form Xplor,a Global Platform Integrating Software
New company to serve five fast-growing verticals spanning everyday life activities. Transaction combines two Advent International portfolio companies. Clearent, a full-service, integrated payment solutions provider based in the United States and Transaction Services Group (TSG), a global provider of business management software and integrated payments for the subscription economy, today announced that they have entered […]
Diligent acquires Galvanize
Diligent Corporation (Diligent), a governance company with a platform used by nearly 700,000 board directors and leaders, across 19,000 clients, is to acquire Galvanize, a global leader in SaaS governance, risk, and compliance (GRC) software. With the acquisition of Galvanize, Diligent will become the largest SaaS GRC provider. The combined solution with enrichment from Steele […]
Ontario Teachers fund to buy Carlyle’s majority stake in Logoplaste
Ontario Teachers’ Pension Plan Board will buy Carlyle Group’s majority stake in Logoplaste for an undisclosed value, the Portuguese plastic packaging maker said on Friday. Logoplaste said current shareholders and family owners Filipe de Botton and Alexandre Relvas will retain around 40% stake in the business. Carlyle had shortlisted BC Partners, Apax, Ontario Teachers and […]
KB Associates acquires Luxembourg ManCo EFG Fund Management
KB Associates (KBA), a professional services firm advising investment funds and asset managers, is to acquire EFG Fund Management SA, a Luxembourg-based management company and subsidiary of EFG International AG, the Swiss Private Banking Group. KBA specialises in the provision of management company, governance and compliance services to investment funds and asset managers. Founded in […]
Aviva sells French business to Macif’s Aéma Groupe for $3.9 billion
Aviva has agreed the sale of its operations in France for 3.2 billion euros ($3.89 billion) to Macif’s Aéma Groupe, as part of the British insurer’s shift to focus on its core operations in Britain, Ireland and Canada. London-based Aviva, led by boss Amanda Blanc, said the sale would increase excess capital by 2.1 billion […]
SoftBank-backed serial acquirer Sinch eyes further M&A
SoftBank-backed cloud platform provider Sinch AB, which is gaining a reputation as a serial acquirer, is eyeing further deals, its chief executive told Reuters, days after announcing its latest billion-dollar acquisition. “We have an active M&A agenda and that still stands going forward, assuming we find good targets at good prices,” Sinch Chief Executive Oscar […]
Novo Holdings to acquire Altasciences
Novo Holdings A/S, a world-leading life science investor with a focus on long-term, sustainable value creation, today announced that it has agreed to acquire Altasciences from Audax Private Equity. Founded in 1992, Altasciences is a leading, fully-integrated, early drug development services platform, providing the pharma and biotech industries with a trusted partner for drug development, […]
Partners Group acquires water infrastructure platform Resilient Infrastructure Group
Partners Group, a global private markets firm, has acquired Resilient Infrastructure Group (Resilient), a water infrastructure platform focused on acquiring, developing, financing and operating distributed water-related facilities in the US and Canada The acquisition is a lead direct investment for Partners Group, acting on behalf of its clients. Financial terms of the transaction were not […]
Kuehne+Nagel Buys Apex Logistics in $1.5 Billion Deal
Kuehne + Nagel International AG has agreed to acquire Apex International Corp. in a deal that values the freight forwarder at about $1.5 billion, according to people familiar with the matter. Kuehne + Nagel is going to buy a majority stake in Apex Logistics from North Asia-focused private equity firm MBK Partners, which invested in the company in 2015. […]
