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Acquisitions

Endless grabs slice of UK bakery market with Hovis acquisition

Hovis, the UK’s iconic 134-year-old bakery brand, has been acquired by Endless LLP, a UK based mid-market private equity firm, for an undisclosed sum. The terms of the agreement have been approved by both the Gores Group and Premier Foods, Hovis’ current owners. Hovis has seen a significant turnaround in the

Eze Castle Integration expands financial services offerings with NorthOut acquisition

Eze Castle Integration, a portfolio company of private equity investment firm HIG Capital (HIG) and a specialist in technology solutions, has acquired digital transformation firm NorthOut Inc. Eze Castle Integration says the acquisition will accelerate its digital transformation offering for the financial and professional services industries. NorthOut is a fast-growing digital

Aurelius acquires Pullman Fleet Services from Wincanton

Aurelius Equity Opportunities (Aurelius) is to acquire Pullman Fleet Services from Wincanton. With a particular focus on heavy goods vehicles (HGV) in the UK, Pullman Fleet Services (Pullman) will complement Aurelius-owned Rivus Fleet Solutions (Rivus) which has an offering for light commercial vehicles (LCVs).Headquartered in Doncaster, Pullman Fleet Services is

Merck to acquire Pappas Capital portfolio company VelosBio in USD2.75bn deal

Pappas Capital’s portfolio company, VelosBio Inc (VelosBio), is to be acquired by a subsidiary of Merck for USD2.75 billion in cash, subject to customary adjustments. The exit is amongst Pappas Capital’s most successful in its 25-plus-year history.   VelosBio is a clinical-stage biopharmaceutical company committed to developing first-in-class cancer therapies targeting

Nordic Capital acquires RegTech

Nordic Capital is to acquire BearingPoint’s Regulatory Technology business, RegTech, a provider of software solutions for regulatory reporting. BearingPoint will continue to serve as a strategic consulting partner and will retain a minority stake in the Company.Founded over 25 years ago, RegTech is today firmly established as a leading European

ClearCourse acquires retail management software provider Swan

ClearCourse Partnership (ClearCourse) or “the Group”), a group of innovative technology companies providing useful, integrated software solutions, has acquired The Swan Group (Swan), a provider of retail management software. Swan becomes the 21st company to join ClearCourse, adding to the Group’s EPOS, CRM, and eCommerce capabilities.   Founded in 2003, Swan

Coretelligent and VSS acquire Soundshore Technology Group

Coretelligent, a provider of managed IT, security and unified cloud management services, and a portfolio company of VSS Capital Partners (VSS), have acquired managed services IT firm Soundshore Technology Group. Financial terms of the private transaction have not been disclosed. Soundshore Technology Group (STG) brings over 22 years of experience supporting

Frontenac acquires Newterra Group

Frontenac Company (Frontenac) has acquired Newterra Group (Newterra), a Global Modular Water Treatment Company, from its current shareholders including institutional investors XPV Water Partners and Angeleno Group,. The financial terms of the transaction have not been disclosed.Newterra is a specialist in designing, engineering, manufacturing, and servicing modular treatment solutions for

NorthEdge-backed Catalis Group makes second international acquisition

NorthEdge-backed Catalis Group is expanding its North American footprint with a second bolt-on acquisition completed during lockdown.Curve Digital, part of the Catalis Group, has bought Vancouver-based IronOak Games, an independent games developer. Curve Digital is a video games publisher based in London.   IronOak Games, headed up by Gordon Moran

Foreside acquires ICSGroup

Foreside has bolstered its customised, tech-enabled governance, risk management, and compliance offering, for hedge fund, private equity, and other emerging alternative investments managers with the acquisition of Integrated Compliance Solutions Group (ICSGroup).ICSGroup is a regulatory compliance services firm serving the asset management industry in the US and Africa, with an

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