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 […]
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, […]
Sorrell enters post-Brexit era with S4 takeovers worth £150m
S4 Capital will announce the takeovers of Decoded and Metric Theory on Monday, Sky News understands. The marketing services tycoon Sir Martin Sorrell will this week swoop to make two US additions worth more than $200m (£146m) to his digital advertising empire. Sky News understands that S4 Capital – founded by Sir Martin in the […]
Daisy Group’s cloud unit valued at £1bn after Inflexion agrees deal
Private equity company to buy minority stake in DWS unit Private equity company Inflexion has agreed to acquire a minority stake in the cloud computing unit of Daisy Group in a deal that values the business at more than £1bn. The investment will pre-empt a potential float of Digital Wholesale Solutions, or DWS, in the […]
Santander rules itself out of race to buy TSB
TSB was put up for sale in November by its Spanish owner, Banco Sabadell Santander has ruled itself out of the race to acquire TSB after the British bank was put up for sale in November. Speculation was mounting that Santander would throw its hat in the ring as the Spanish bank sought to acquire […]
Countrywide agrees to takeover by rival Connells
Estate agency had been weighing rescue options to reverse long decline in share price Connells has reached an agreement to buy rival UK estate agency Countrywide, drawing a line under a long-running battle for control of the company. The deal is a lifeline for Countrywide, which has been weighing rescue options to reverse a decline […]
Private Equity Turns to $3 Trillion in Unlocked Value for Loans
Some firms are using stakes in funds they manage as collateral. Investors are racing to make loans as demand increases. Private equity firms on the hunt for capital are increasingly turning to specialty lenders for financing and providing a valuable asset as collateral: stakes in their funds. The buyout industry has about $3 trillion of […]
