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Acquisitions

Williams Scotsman to acquire ModSpace in USD1.1bn deal

WillScot Corporation (Williams Scotsman), a provider of innovative modular space and portable storage solutions across North America, is to acquire Modular Space Holdings for an enterprise value of approximately USD1.1 billion. Williams Scotsman will indirectly acquire MS Holdings for a purchase price comprising USD1,063,750,000 of cash consideration, 6,458,500 shares of

Polaris invests in IT consultancy ProData Consult

Polaris is to acquire a majority shareholding in ProData Consult, a Danish independent IT consultancy focused on business and IT consultants. Over 15 years, ProData Consult has generated an average annual growth in excess of 20 per cent, and the Group has activities in Denmark, Norway, Sweden, Poland, Germany and

Veritas-backed Verscend to acquire Cotiviti for USD4.9bn

Verscend Technologies, a portfolio company of private equity firm Veritas Capital and a specialist in data-driven healthcare solutions, is to acquire Cotiviti Holdings, a provider of payment accuracy and analytics-driven solutions for the healthcare industry, for USD4.9 billion in cash. Under the terms of the agreement, Cotiviti shareholders will receive USD44.75 in

Oak Hill Advisors and Värde Partners acquire USD1bn shipping loan portfolio

Oak Hill Advisors (OHA) and Värde Partners (Värde) are to acquire a USD1 billion portfolio of shipping loans from Deutsche Bank. The transaction is expected to close in the third quarter of 2018 pending regulatory approvals.   This represents the second sale of shipping loan portfolios from European banks that

Glatfelter to acquire Georgia-Pacific’s European Nonwovens business for USD185m

Glatfelter, a supplier of specialty papers and engineered materials, has signed a definitive agreement to purchase Georgia-Pacific’s European nonwovens business (the “Business”) for USD185 million, subject to customary purchase price adjustments. The proposed transaction includes Georgia-Pacific’s operations located in Steinfurt, Germany, along with sales offices located in France and Italy.

Warburg Pincus acquires Supplier Assessment Services

Funds affiliated with private equity firm Warburg Pincus have acquired Supplier Assessment Services, a provider of technology-enabled third party pre-qualification and health and safety accreditation services in the UK, from Capita plc.  Supplier Assessment Services includes the Constructionline and Acclaim portfolio of products and services.   Supplier Assessment Services provides

Dunedin-backed Hawksford acquires Asian corporate service provider

Hawksford has acquired People & Projects Ltd (P&P), an acquisition which will significantly strengthen its current presence in Hong Kong and Singapore, and provide it with an extensive footprint across major cities in China. The transaction demonstrates Hawksford’s commitment to the Asian market and takes the corporate, private client and

Wind farm

FP Lux Investments acquires nine wind turbines in Finland

Luxembourg special fund FP Lux Investments is expanding its wind power portfolio with the purchase of the Ratiperä wind farm in southwestern Finland. The portfolio of the Wind Infrastructure I sub-fund now totals 19 wind farms with 94 turbines and an installed capacity of 269 megawatts. Of this, a volume

IRIDEOS acquires Enter

IRIDEOS, a new Italian ICT provider for Businesses and Public Administration, has acquired Enter, a specialist in network and cloud services based in Italy. “With this new acquisition, our growth path continues, focused on strengthening our assets and skills in the Italian ICT space,” says Mauro Maia, CEO of IRIDEOS. “A

NEP completes acquisition of Telerecord

NEP Group, an outsourced technical production partner supporting content producers of live sports and entertainment, has completed its acquisition of Telerecord, an Italy-based provider of outside broadcast solutions. Telerecord, a local industry leader with strong client relationships, covers popular sporting events in Italy and throughout Southern Europe including football, ice

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