Investment manager to pursue IPO next month

Infrastructure and private equity investment manager Foresight Group is set to float on the London Stock Exchange next month as the company pursues funding for its acquisition strategy. In an update to the market this morning (January 12) Foresight confirmed it would proceed with an initial public offering in February which would see 50 per […]

M&As with Europe are being overlooked by Israeli tech ecosystem

“There is a venue for growth equity, private equity or rolling-up into a larger European entity,” says Joey Sabet M&A exits in Israel were down by approximately 30% in Israel during 2020, with the average deal size falling from $143 million in 2019 to $93 million according to IVC. An increase in the number of […]

Behrman Capital’s Emmes acquires Neox

The Emmes Company (Emmes), a full-service clinical research organisation (CRO) dedicated to supporting the advancement of human health and biopharmaceutical innovation and a portfolio company of Behrman Capital, has acquired Neox. Financial terms of the transaction have not been disclosed. Headquartered in Prague, Czech Republic, Neox is a CRO with over 150 employees who support […]

Investcorp portfolio company Impero acquires Netop

Investcorp portfolio company Impero, a provider of online student safety and classroom and network management software, has acquired Netop, an international software solutions provider to the education sector and corporates, from Consolidated Holdings A/S.  Terms of the transaction have not been disclosed. The addition of Netop will significantly increase Impero’s scale and presence in the […]

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 […]

Global Switch’s Chinese Owners Explore $11 Billion Sale

Key Points: Shagang and investors are working with advisers on a deal The sale follows Global Switch’s scrapped Hong Kong IPO   The owners of Global Switch Holdings Ltd. are exploring a sale that could value the London-based data center operator at 8 billion pounds ($10.9 billion) or more, people with knowledge of the matter […]

Transact pulls out of race to buy Nucleus

Transact has ditched potential plans to buy rival platform Nucleus, the third interested party to pull out the race for the firm since proposals were announced last month. In a stock exchange announcement yesterday afternoon (January 4), Integrafin Holdings, Transact’s parent company, said it had “no intention to make an offer” for the adviser wrap […]

Why 2021 will be a bumper year for M&A

The end of the pandemic is likely to see fashion and luxury M&A opportunities. The big focus: brands that tap younger consumers. After months of quiet and stalled deals, 2020 closed in a flurry of M&A (mergers and acquisitions) activity, setting a pace that is likely to continue in 2021. That’s the view of analysts […]

Ford, Mahindra call off auto joint venture

(Reuters) -Ford Motor Co said on Thursday it was calling off its automotive joint venture with India’s Mahindra and Mahindra Ltd due to the challenges caused by the COVID-19 pandemic. The companies said in separate statements that the decision was driven by changes in the global economy over the last 15 months, causing both to […]