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 […]

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 […]

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 […]

PE-VC investments in 2020 grow 6.6% to $39.2 bn on back of RIL deals

The bounce back in PE-VC investment activity was markedly concentrated on the two ends of the spectrum: large ticket deals and early stage deals Private Equity – Venture Capital (PE-VC) firms grew by 6.6 per cent in 2020 to $39.2 billion (across 814 deals) from $36.3 billion (1,012 deals) in 2019. The increase was largely […]

David Montgomery buys JPI newspapers

Mirror Group veteran builds media group with titles including The Scotsman and Yorkshire Post. Newspaper veteran David Montgomery has agreed to buy The Scotsman, Yorkshire Post and other JPI Media titles for £10.2m, ending a drawn-out sales process of the UK’s third-largest local newspaper group. National World, Mr Montgomery’s takeover vehicle, on Thursday said the […]