LDC-backed Mandata adds Stirling Solutions to group
LDC-backed Mandata, a transport management software providers, has strengthened its service offering with the addition of Stirling Solutions to its group. Newcastle-headquartered Mandata (Management and Data Services) Ltd and Stirling Solutions Ltd will together form the newly created Mandata Group, serving 2000 customers. The companies develop software that allows operators in all sectors of the […]
Bascom Group partners with Capital Trust Group on USD100m acquisition of Milwaukee, Wisconsin area facility
Bascom Group has partnered with Capital Trust Group to acquire a Class A, 372,856 sq ft, absolute net-lease, build-to-suit research and development, manufacturing and testing facility and an adjacent 118,620 sq ft corporate office in the Milwaukee-area community of Menomonee Falls, Wisconsin for USD100.0 million. JLL worked on behalf of Bascom Group to arrange the […]
Eight Fifty Food Group acquires Carroll’s Cuisine
Specialist lawyers at Walker Morris have advised Eight Fifty Food Group the leading multi-protein food group controlled by CapVest Partners, on the acquisition of Carroll’s Cuisine from Carlyle Cardinal Ireland, for an undisclosed consideration. Carroll’s is a producer of cooked meats and convenience food in the Republic of Ireland. The business employs approximately 300 people […]
CDI Acquires MSP, Data Center IT Solutions Provider High Availability
Computer design & Integration (CDI), backed by private equity firm One Equity Partners, acquires high Availability (H.A.), an MSP, IT solution & integrator Computer Design & Integration LLC (CDI), backed by private equity firm One Equity Partners, has acquired High Availability (H.A.), an MSP, IT solution provider and integrator. H.A.’s focus areas span data center, networking, security, mobility, collaboration […]
BMS launches M&A Asia operations
BMS Group Limited (BMS), an independent specialist insurance and reinsurance broker, has launched Asia broking operations, headquartered in Singapore and with proposed operations in Hong Kong pending regulatory approval. BMS Asia will initially focus on M&A insurance broking, enhancing the group’s existing capabilities in that class of business in London, Canada and Australia. Sandra Lee […]
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 […]
Dealmakers Cancel Christmas in Busiest-Ever Holiday M&A Season
Christmas was cancelled for dealmakers this year. A total of 2,496 transactions were announced globally in the final two weeks of 2020, according to data compiled by Bloomberg. That’s the most for a festive fortnight on record, the data show. More than $187 billion of deals came during the period, led by buyout firm Thoma […]
Healthcare Giant Centene to Acquire Magellan Health for USD 2.2bn; 15% Premium
The acquisition will enable Centene to establish one of the nation’s largest behavioral health platforms across 41 million unique members. The Transaction: Centene Corp, St. Louis, Missouri-based healthcare insurer, announced today to acquire Magellan Health Inc, for an enterprise value of USD 2.2bn. Centene has agreed to pay USD 95 per share in cash to Magellan’s shareholders, representing c. 15% premium to Magellan’s last […]
Linley & Simpson and Lomond Capital have Lloyds’ backing for merger ambition
The private equity division of Lloyds Banking Group is backing the combination of two residential lettings companies to form a new national group with ambitions to grow. The merger brings together Linley & Simpson, which is focused on Yorkshire and already backed by Lloyds’ LDC division, with Lomond Capital, which owns a series of letting and estate […]
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 […]
