ThinCats manages acquisition capex for Dundee based investment manager
Thorntons Investment Management Limited has been provided with funding to support the acquisitions of Matheson Financial Consulting Limited and Sonas Wealth Management Limited by leading alternative finance provider for mid-sized SMEs, ThinCats. Thorntons Investment Management is an Independent Financial Advisor providing a range of wealth and asset management services to high net worth individuals and […]
Ignite Growth acquires Newcastle Tool & Gauge Ltd
Ignite Growth (Ignite), a UK-based investor focused on supporting the growth of ambitious, fast growing companies, has acquired Newcastle Tool & Gauge Ltd (NTG), as the first stage in a buy and build growth strategy. Financial terms of the transaction, which is Ignite’s second buy and build platform investment, have not been disclosed. Founded in […]
Medical cannabis developer GW Pharma agrees $7.2bn takeover by Jazz
A British-based drugs company that became the first to secure approval for a cannabis-based treatment in the United States has agreed a $7.2 billion takeover by a rival Nasdaq-quoted company. Shares in New York-listed GW Pharma hit new highs after it recommended investors accept a $220 per share acquisition by Jazz Pharmaceuticals in what the […]
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 […]
ZQ Capital Sells Surgical Specialties For About $800 Million
China-focused private equity firm ZQ Capital sold a U.S. medical device manufacturer to buyout firm GTCR for about $800 million including debt, people familiar with the matter said. A consortium led by ZQ Capital, founded by a pair of former Barclays Plc and JPMorgan Chase & Co. bankers, and Vivo Capital, sold Surgical Specialties Corp. […]
TaylorMade Golf up for sale by private equity firm
Three-plus years after KPS Capital Partners acquired TaylorMade Golf from Adidas for $425 million, the equipment manufacturer could be on the verge of changing hands once again. According to a New York Times report, the New York City-based private equity firm has tapped Morgan Stanley to run a sale of TaylorMade. When reached for comment […]
Clayton, Dubilier & Rice completes Wolseley UK acquisition
Clayton, Dubilier & Rice has completed the previously announced acquisition of Wolseley UK, a leading specialist distributor of plumbing, heating, climate control, pipe and infrastructure & utility products in the United Kingdom, from Ferguson plc. The carve-out transaction, valued at GBP308 million, establishes Wolseley as an independent company, to be wholly-owned by management and CD&R […]
Thyssenkrupp CEO says Liberty Steel bid needs clarification
FRANKFURT (Reuters) – A bid which Britain’s Liberty Steel submitted for Thyssenkrupp’s steel division in January must be clarified in ongoing talks between the two firms, the German group’s chief executive said. The bid still contains “a number of complex aspects that require further clarification”, Martina Merz said in a speech prepared for the group’s […]
Britain’s ASOS scoops up prized Arcadia brands for 265 million pounds
LONDON (Reuters) – ASOS has bought the Topshop, Topman, Miss Selfridge and HIIT brands from the administrators of Philip Green’s collapsed Arcadia group for 265 million pounds ($364 million), the British online fashion retailer said on Monday. The deal for Arcadia’s prized brands, which will be fully funded from cash reserves, does not include its […]
