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Acquisitions

PE-backed Questel acquires NovumIP

Questel, a global IP software and tech-enabled services leader offering an integrated end-to-end platform of software and services across the innovation lifecycle, has acquired NovumIP, a global intellectual property (IP) technology group comprised of PAVIS and Novagraaf, two European leaders, active in patents annuities and trademarks renewals. The acquisition will

KPS Capital Partners to acquire aluminium rolling business from Norsk Hydro ASA

KPS Capital Partners (KPS) is to acquire the global aluminium rolling business (Rolling) from Norsk Hydro ASA (Hydro) for EUR1.38 billion (approximately USD1.67 billion).  Completion of the transaction is expected mid-year 2021 and is subject to customary closing conditions and approvals.   The Company is one of the largest global

Perwyn-backed Miss Group acquires MMD Networks

Fast-growth web hosting business, Miss Group, has acquired Finnish based MMD Networks OY as part of its ongoing buy and build strategy. MMD Networks primarily provides shared hosting and related services, with leading brands including mmd.net and verkko24.fi. MMD is the second acquisition that Miss Group has completed in the

LDC-backed Onecom acquires 9 Group companies

Onecom, the UK’s leading business telecoms and cloud communications provider, has added thousands of fixed line and cloud customers and hundreds of channel partners to its portfolio in a deal with 9 Group. As part of the transaction 9 Retail, which has over 5,000 telephony, hosted voice and on-premise customers,

Takeovers by UK investors in continental Europe fell by 30 per cent in 2020

The number of takeovers by UK acquirers of continental European businesses fell 30 per cent from 488 in 2019 to 342 in 2020 as Brexit and Covid-19 hampered deal activity, shows new research from Accuracy, the global independent financial and strategic consulting firm. In comparison, the overall number of deals

Thompson Street Capital Partners acquires Freddy’s Frozen Custard & Steakburgers

Thompson Street Capital Partners (TSCP), a private equity firm based in St Louis, has acquired Freddy’s Frozen Custard & Steakburgers (Freddy’s), a Kansas-based franchisor of fast casual restaurants. Terms of the transaction have not been disclosed. Founded in 2002 with its first company-owned location in Wichita, Freddy’s fast casual restaurants

Sun Capital Partners affiliate acquires Exadel

Private investment firm Sun Capital Partners (Sun Capital) has completed the acquisition of Exadel, a founder-owned, global provider of digital software engineering solutions and services. Terms of the private transaction have not been disclosed. Founded in 1998 and headquartered in Walnut Creek, California, Exadel builds critical enterprise-wide platforms with a

Limerston Capital-backed Axiom acquires Torchlight

Limerston Capital portfolio company Axiom International Limited (Axiom) has completed the acquisition of Torchlight Group Limited (Torchlight). London based Axiom is a specialist in the provision of strategic capacity building programmes, institutional and public sector reform, peace-building and national security development. It forms part of the larger Limerston Capital-backed AFA

HIG Europe to acquire KPMG’s UK restructuring business

HIG Capital (HIG), a global alternative investment firm with over EUR35 billion of equity capital under management, is to acquire KPMG’s UK restructuring business, a leading provider of insolvency, financial restructuring and turnaround services in the UK and globally.  Terms of the transaction, which is expected to complete in April

Anghami to list on NASDAQ New York via SPAC deal

Anghami will become the first Arab technology company to list on NASDAQ New York via a merger with Vistas Media Acquisition Company Inc a publicly traded special purpose acquisition company (SPAC) that raised USD100 million in its August 2020 initial public offering. The transaction implies an initial pro-forma enterprise valuation

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