Luxembourg and Cote d’Ivoire to invest in African tech impact fund
The Governments of Luxembourg and Cote d’Ivoire will invest a total of EUR10 million into Bamboo Capital Partners’s BLOC Smart Africa, a technology impact fund with a target of EUR100 million. The move follows Cote d’Ivoire’s previous intention to commit EUR5 million to the fund, announced at the UN’s High-Level Political Forum in July last […]
Carlyle and Brighton Park agree to invest USD200m in Indegene
The Carlyle Group and Brighton Park Capital are to acquire minority stakes in Indegene, a Bangalore-headquartered enterprise healthtech solutions provider, for USD200 million. The transaction, which is subject to customary regulatory approvals, consists of a secondary sale from existing shareholders of Indegene and a primary investment into the company. Founded in 1998 by five first […]
Eurazeo supports UTAC CERAM’s Millbrook acquisition
Eurazeo PME has supported UTAC CERAM’s acquisition of Millbrook, which is group headquartered in the UK. The investment of the funds managed by Eurazeo PME following this transaction amounts to cEUR115 million. Millbrook was founded in 1970 in the United Kingdom and provides services and systems for testing and validating vehicles to customers in the […]
Comhar Capital completes GBP10m deal with Bazaar Group
Bazaar Group, a market-leading furniture manufacturer and ecommerce retailer based in Cramlington, Northumberland, has secured a multi-million pound investment from Comhar Capital as part of a GBP10 million deal to support its international growth plans. Through the investment Comhar Capital has acquired a majority share in the business. The funding will support Bazaar Group’s future […]
SPACs See Asia as Next Hunting Ground for Takeover Targets
The blank-check company craze that’s taken Wall Street by storm is now spreading to Asia. A raft of funds and financiers in the region is leveraging their deal-sourcing capabilities and understanding of U.S. capital markets to jump on the bandwagon with special-purpose acquisition companies, or SPACs. Among them are former Deutsche Bank AG and Lehman […]
UK PE market bounces back after Covid-19 hit
UK private equity deal activity bounced back in the second half of 2020, although a profound slump in transactions in Q2 as lockdown gripped the M&A market meant that total annual deal volumes hit their lowest levels in more than seven years. KPMG’s latest study of UK transactions involving private equity investors indicates that a […]
SujiBFR secures six-figure investment
SujiBFR, a health and fitness startup based in Edinburgh, has received a six-figure investment to support the development of a smart fitness device that can dramatically reduce pain and increase muscle strength during exercise. The technology, named Suji Device, improves muscular performance and offers a solution to fitness enthusiasts and elite athletes who experience pain […]
Business owners and private equity firms expect wave of deals in H2
An improved public health environment and the possibility of higher capital gains taxes will likely drive increased merger and acquisition activity in 2021, according to a Citizens survey of 700 leaders at US middle market companies and private equity firms. Companies will rely on M&A for growth in 2021 and more sellers will be open […]
Nestlé in talks with One Rock consortium over sale of bottled water
Nestlé is in exclusive talks with a consortium of buyers led by US private equity firm One Rock Capital to sell its North American water business, which includes the Poland Spring and Pure Life brands, for approximately $ 4 billion, people knowledgeable about the matter said. The Swiss consumer goods giant has had talks with […]
Ara Partners’ Priority Power acquires Satori Energy Solutions
Priority Power Management (Priority), an independent energy management services and consulting firm backed by Ara Partners, has acquired Satori Energy Solutions (Satori). The transaction creates a leading nationwide provider of energy services with significantly enhanced service offering, broadened geographic footprint, and industry expertise. Satori, headquartered in Chicago, Illinois, was one of the first energy service […]
