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Intelligence

BPE acts for AIM nominated adviser and broker in GBP3.5 million fundraising

Gloucestershire law firm BPE Solicitors has acted for Allenby Capital Limited, a nominated adviser and broker for the AIM market in a deal that raised approximately GBP3.5 million for Grafenia. Grafenia is the company behind the Nettl network of web studios – including those situated in Cheltenham and Gloucester. Allenby

CMS advises Rank Group on YoBingo.es acquisition

International law firm CMS has advised UK gaming company The Rank Group (Rank) on the acquisition of the entire issued share capital of QSB Gaming Limited, owner of YoBingo.es, a Spanish digital bingo business, for up to EUR52 million. The acquisition of the Yobingo Group expands Rank’s digital footprint in

Compass Partners makes business development appointment

Private equity investor Compass Partners has added James Kester to its team to help grow the firm’s business and increase origination in the US.   Since 2000, Kester has built and managed global investment businesses for institutional investors. Most recently, he served as Chief Investment Officer of the Private Equity

Foresight makes GBP3m investment in DA Languages

Foresight Group (Foresight) has made a GBP3 million investment into Altrincham-based, DA Languages Limited (DAL). DA Languages is a fast-growing interpreting and translation services business with a network of thousands of vetted professional linguists, who speak more than 450 languages, from Polish to Abkhaz and Zulu and complete thousands of

Malwarebytes acquires Binisoft

Malwarebytes, a malware prevention and remediation solution, has acquired Binisoft to strengthen its platform for protecting endpoints by integrating the top Windows Firewall Control tool. The management software allows admins quick access to Windows Firewall settings and enhances the management functionality of networking rules for each application.   Continued increases

Handshake with globe

Ocorian launches new Corporate Trust offering with three senior-level banking hires

Ocorian, a provider of corporate and fiduciary services, has launched its new Corporate Trust offering with the appointment of three experienced professionals from the banking sector – Sally Gilding, Chris Wilson and Sinead McIntosh. Their arrival follows the appointment of Alan Booth as Managing Director of Ocorian’s UK business in

Permira sells Magento Commerce to Adobe for USD1.68bn

A company backed by private equity firm Permira is to sell Magento Commerce, a specialist in cloud digital commerce, to Adobe in an all-cash transaction for USD1.68 billion.  Hillhouse Capital, the Asia-focused investment firm, will also sell its stake in Magento to Adobe in this transaction.   Magento Commerce was

Nexxus sells portfolio company Maak Arca Holding

Nexxus has sold portfolio company Maak Arca Holding, a platform of construction and decoration businesses in Mexico, to a group of Mexican private investors. The divestment was made through the spin-off and sale of the subsidiaries Mármoles Arca and Madarca, companies specialised in the distribution and sale of natural stones

Drake Star Partners adds Partner in London office

Global technology, media and communications investment bank Drake Star Partners has appointed senior investment banker Eric Ward as a partner in the firm’s London office.   Ward has over 15 years of M&A and industry experience, with a distinct focus on e-commerce and digital marketing, including retail tech, ad tech,

Arlington Capital Partners to sell Polaris Alpha to Parsons

Arlington Capital Partners has agreed to sell Polaris Alpha, a provider of mission solutions for complex defence, intelligence, and security customers, as well as to other US federal government customers, to Parsons. Parsons’ acquisition of Polaris Alpha will be the latest in the company’s series of strategic investments focused on

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