Gulf Oil Corporation, part of the Hinduja Group, has reached an agreement to acquire Houghton International. Houghton, a supplier of metal working fluids, will join a portfolio of global brands owned by the Hinduja group including Ashok Leyland (truck and bus manufacturing) and Gulf Oil International (production and marketing of
ALI Group is to acquire Scotsman Industries from an affiliate of private equity firm Warburg Pincus. ALI Group is to acquire Scotsman Industries from an affiliate of private equity firm Warburg Pincus. Terms of the transaction have not been disclosed. Luciano Berti, ALI Group’s chairman and chief executive officer, says:
ECI, the UK growth focused mid-market private equity firm, has sold healthcare outsourcer Harmoni to CareUK. Harmoni is a UK provider of outsourced healthcare services including Out of Hours, 111, prisoner healthcare and IT services, providing services to over eight million people in the UK. Harmoni has grown considerably
Mid-market private equity firm GI Partners has sold its 75 per cent ownership stake in FlatIron Crossing, a 1.7 million square foot class-A regional mall located in Broomfield, Colorado, to its joint venture partner Macerich. GI Partners invested in FlatIron Crossing in 2009, acquiring its 75 per cent interest in
ADP, a provider of human capital management services, is to sell the ADP Taxware business to Vista Equity Partners, a private equity firm focused on investments in software and technology-enabled services. Terms of the sale have not been disclosed. ADP Taxware, provider of automated solutions for sales, use and value-added
August Equity’s portfolio company SecureData Europe has completed the acquisition of Quadrant Networks. Quadrant provides application delivery and security services to a blue chip customer base including the UK’s leading e-commerce and corporate clients such as Ocado, Rightmove and Easyjet. It ensures customers’ mission critical applications are operating in a
Wellington Financial has provided a USD2.4m venture debt financing for TIM Group, a SaaS developer of applications serving the financial services industry. Under the terms of the venture loan facility, Wellington Financial provided a term loan of USD2.4m to TIM Group and Barclays Bank provided an additional GBP500,000 overdraft facility.
Harbinger Group has formed a joint venture with EXCO Resources to create a private oil and gas limited partnership that will purchase and operate EXCO’s US conventional oil and gas assets, for a total consideration of USD725m. Under the terms of the agreement, the partnership will own EXCO’s conventional oil
Investcorp, a provider and manager of alternative investment products, is to acquire Scandinavia’s luxury retailer Georg Jensen for USD140m from private equity group Axcel Capital Partners. As part of this transaction, Investcorp has teamed up with David Chu, the luxury brand entrepreneur and founder of Nautica, who will join the
Sidewinder Drilling, a Houston-based land drilling company controlled by private equity firm Avista Capital Partners, is to acquire Union Drilling. Sidewinder’s wholly-owned subsidiary, Fastball Acquisition, is to acquire all outstanding shares of common stock of Union Drilling for USD6.50 per share, net to the seller in cash, without interest and
12 November, 2026 – 5:00 pm
12 November, 2026 – 8:00 am
12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
