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 […]
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 […]
GED invests in Comess Group
GED Capital, a private equity group specialised in the Iberian low middle-market segment, has invested in Comess Group through its GED VI Spain fund and a capital increase, becoming the company’s majority shareholder along with the existing partners, Manuel Robledo, president and founder of the company, and Oquendo. Founded in 1988, Comess Group operates more […]
Mayfair Equity Partners backs Seraphine in buy-out from Bridgepoint Growth
Mayfair Equity Partners (Mayfair), a leading tech and consumer growth investor, has backed the management buy-out of Seraphine, a maternity and nursing brand, which values the company at around GBP50 million. Mayfair, along with management, has acquired the company from Bridgepoint Growth and entrepreneur founder Cécile Reinaud. Launched in 2002 as a boutique store in […]
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 […]
AMP Capital establishes Indian energy transmission platform with Sterlite Power
Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first investment in India for AMP Capital’s global infrastructure equity strategy. AMP Capital and Sterlite Power will each invest an initial amount of approximately USD150 million […]
Sanlam to take over £1.2bn Smith & Williamson fund range
Sanlam Investments is to take over the management responsibility for a raft of portfolios currently run by Smith & Williamson Investment Management. The firms announced today (January 4) they had agreed a deal which will see eight funds transfer to Sanlam, adding £1.2bn in assets under management, six fund managers and four other staff members […]
Foreign investors are gearing up to plug Nigeria’s $82 billion health-care gap
The coronavirus pandemic has sharpened the lens on a substantial health-care spending gap in Africa’s largest economy, and international investors are seeking to fill the void. When it comes to health care, Nigeria is lagging its comparable African neighbors in terms of expenditure and access. For example, Nigeria’s public spending on health care amounts to […]
Private equity, venture capital firms invest $598 million in Tamil Nadu
They struck 33 deals with T.N.-based companies in 2020 Despite the COVID-19 pandemic and several uncertainties, private equity and venture capital companies invested $598 million in Tamil Nadu-based companies through 33 deals during 2020. In 2019, the State attracted $1,641 million in private equity and venture capital investments through 54 deals, according to data sourced […]
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 […]
