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IBID Group acquires gaming platform Riverplay

IBID Group, an investment firm focused on buying and investing in internet-based companies with high growth potential, has expanded its gaming portfolio with the majority acquisition of Riverplay, an end-to-end platform for the online gaming industry. Following the acquisition, Riverplay will be re-branded as Pragmatic Solutions.   Pragmatic Solutions is

Forterra acquires Royal Enterprises America’s business

Forterra, a manufacturer of water infrastructure pipe and products in the US and Eastern Canada, has acquired the business of Royal Enterprises America (Royal), a manufacturer of concrete drainage pipe, precast concrete products, stormwater treatment technologies and erosion control products. Terms of the transaction were not disclosed.      Based

Baker McKenzie SA is biggest climber in M&A rankings

Baker McKenzie South Africa has jumped from 16th to third place in the number of announced deals in the Thomson Reuters Emerging Markets M&A Review for Legal Advisers 2016. In 2015, Baker McKenzie South Africa was ranked in 16th position with two deals announced. In 2016, the firm advised on

Noerr advises Gold Tree on retail portfolio acquisition

Noerr has, in conjunction with a team of experts from its real estate investment group (REIG), advised the Swiss real estate investor Gold Tree on the acquisition of a retail portfolio. The deal involves four properties overall, which are located in Berlin, Goslar, Ludwigsfelde and Rödental and were developed and

KRG’s Convergint Technologies acquires Post Browning

Convergint Technologies, a KRG Fund IV portfolio company and independent provider of integration services for electronic security, fire and life safety and building automation systems, has acquired Post Browning. Founded in 1978, Post Browning is a full-service systems integrator providing consultation, installation, and maintenance for the retail banking industry.  

CoInvestor adds funds to platform

CoInvestor has added funds to its platform, building on its existing service which allows direct and advised investors to co-invest alongside tax-efficient fund managers on the same terms. CoInvestor says the evolution of the platform to enable investment into funds, in addition to direct co-investment opportunities, is driven by the

Trilantic Europe takes stake in Pachá Group

A group of investors led by Trilantic Europe, a private equity firm focused on mid-market transactions in Europe, has signed an agreement with the Urgell family to acquire a stake in the Pachá Group, a Spanish leisure, hospitality and entertainment operator. Trilantic Europe, together with a group of co-investors that

New Silkroutes Group to take 80 per cent stake in CG Capital Markets

New Silkroutes Group (NSG) is to acquire an 80 per cent stake in New York-based CG Capital Markets Holdings (CGCMH) and all its subsidiaries, including FINRA-registered broker-dealer CG Capital Markets (CGCM), for USD14.4 million, in a major push to expand its own investment business and diversify its business lines. Founded

Scania launches corporate VC fund

Scania is targeting investment in high-growth companies connected to the transport and automotive industries with its new venture capital fund, Scania Growth Capital. Henrik Henriksson, Scania's president and CEO, says: "Through Scania Growth Capital, Scania is looking to invest in promising, innovative and entrepreneurial companies. Gaining insight and early access

South African M&A market to grow by 66 per cent in next two years

The South African M&A market will grow by 66 per cent in the next two years, according to the Global Transactions Forecast issued by global law firm Baker McKenzie in association with Oxford Economics. The report shows that South African M&A slowed in 2016 amid economic and political uncertainty. While

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